EQT Holdings Ltd. (EQT) AI Stock Analysis

• Market Cap: AU$840.53M
• Dividend Yield: 3.44%
• Average Volume (3M): 24.83K
• Price to Earnings (P/E): 47.9
• Beta (1Y): 0.82
• Revenue Growth: 9.40%
• EPS Growth: -27.34%
• Country: AU
• Employees: 441
• Sector: Financial
• Sector Strength: 82
• Industry: Asset Management
• EPS (TTM): 0.61
• Shares Outstanding: 26,760,004
• 10 Day Avg. Volume: 18,985
• 30 Day Avg. Volume: 24,834
• PEG Ratio: 6.59
• Price to Book (P/B): 1.96
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 29.28
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$35.50
• Price Target Upside: 12.70% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 71 Outperform
• Price Target: AU$35.00 ▲(11.11%Upside)

EQT Holdings Ltd. is a well-managed company with strong financial performance, marked by revenue growth and efficient cash generation. However, the technical analysis suggests a neutral outlook, and the high P/E ratio raises valuation concerns, balancing the overall stock score.

EQT Holdings Ltd. Business Overview & Revenue Model

Company Description

EQT Holdings Limited, together with its subsidiaries, provides philanthropic, trust executor, and investment services in Australia, the United Kingdom, and Ireland. It operates through three segments: Trustee and Wealth Services, Superannuation Trustee Services, and Corporate Trustee Services. The company provides estate planning and management; charitable, compensation, community, and personal trust services; and asset and wealth management, and advisory services. It also offers trustee, custody, and investment management services for superannuation funds; and legal services. In addition, the company provides a range of global fiduciary services, and fund governance and trustee services for managed investment schemes on behalf of local and international fund managers and sponsors, as well as trustee services for debt, securitizations, custody, and real estate arrangements for corporates. EQT Holdings Limited was founded in 1888 and is headquartered in Melbourne, Australia.

How the Company Makes Money

EQT Holdings Ltd. generates revenue through a diverse range of financial services. The company's primary revenue streams include management fees from its funds management services, trustee fees for estate and trust administration, and advisory fees for wealth management consulting. EQT also derives income from superannuation administration services. Partnerships with financial advisors and institutions enhance its service offerings and expand its client base. Additionally, EQT benefits from economies of scale in fund management, helping to optimize operational efficiency and profitability.

EQT Holdings Ltd. Financial Statement Overview

Summary

EQT Holdings Ltd. demonstrates strong financial health with robust revenue and profit growth. The income statement shows efficient cost management and profitability, the balance sheet reflects conservative financial leverage, and the cash flow statement indicates strong cash generation capabilities. Collectively, these factors highlight a well-managed company on a positive growth trajectory.

Income Statement

EQT Holdings Ltd. has shown strong revenue growth, with a significant increase in total revenue from the previous year. The company maintains healthy gross and net profit margins, indicating efficient cost management and profitability. The EBIT and EBITDA margins reflect strong operational performance, contributing to a robust income statement.

Balance Sheet

The balance sheet is solid with a low debt-to-equity ratio, reflecting conservative financial leverage. The company has a strong equity position, which enhances financial stability. The high return on equity demonstrates the company's effective use of equity to generate profits. The equity ratio indicates a stable asset base supported by equity.

Cash Flow

EQT Holdings Ltd. has shown impressive free cash flow growth, supported by strong operating cash flow. The free cash flow to net income ratio is healthy, indicating efficient cash generation relative to earnings. The company has a strong operating cash flow to net income ratio, further highlighting its ability to convert earnings into cash effectively.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
179.46M	173.98M	136.21M	110.56M	99.61M	94.68M
	Gross Profit
43.71M	44.38M	34.22M	43.38M	37.78M	36.18M
	EBIT
43.48M	44.13M	30.69M	38.51M	30.40M	30.57M
	EBITDA
43.48M	43.88M	39.05M	41.65M	37.12M	34.15M
	Net Income Common Stockholders
20.35M	20.71M	18.83M	24.23M	21.53M	19.21M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
124.64M	138.76M	109.69M	118.32M	97.17M	89.74M
	Total Assets
527.49M	539.86M	511.91M	371.15M	353.83M	342.67M
	Total Debt
73.77M	82.14M	60.43M	50.45M	41.26M	38.39M
	Net Debt
-40.86M	-46.62M	-39.26M	-57.87M	-50.91M	-46.35M
	Total Liabilities
129.56M	141.26M	112.38M	89.81M	79.58M	75.31M
	Stockholders Equity
401.88M	402.09M	405.39M	285.27M	276.81M	268.82M
Cash Flow		Free Cash Flow
28.71M	32.54M	8.76M	31.86M	19.12M	17.90M
	Operating Cash Flow
32.00M	39.04M	12.58M	34.13M	19.81M	19.19M
	Investing Cash Flow
-2.37M	-3.29M	-127.25M	-7.27M	-691.00K	8.87M
	Financing Cash Flow
-22.31M	-6.58M	106.10M	-10.53M	-11.69M	2.32M

EQT Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 31.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EQT, the sentiment is Negative. The current price of 31.5 is above the 20-day moving average (MA) of 31.47, above the 50-day MA of 31.48, and above the 200-day MA of 31.27, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 48.83 is Neutral, neither overbought nor oversold. The STOCH value of 54.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:EQT.

EQT Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MFG	74 Outperform	AU$1.43B	6.54	23.27%	8.23%	-9.29%	12.94%
EQT	71 Outperform	AU$840.53M	47.90	4.53%	3.44%	9.40%	-27.34%
Sector *	64 Neutral	$12.77B	9.77	7.59%	16985.66%	12.30%	-7.71%
CGF	61 Neutral	AU$5.44B	37.12	3.85%	4.08%	17.95%	-34.24%
PPT	59 Neutral	AU$2.11B	―	-24.47%	6.88%	5.36%	-846.00%
IFL	54 Neutral	AU$2.43B	―	-7.21%	2.64%	-8.26%	-259.91%
AMP	51 Neutral	$3.19B	17.77	4.84%	2.41%	19.36%	1261.54%

EQT Holdings Ltd. Corporate Events

Perpetual Limited Acquires Substantial Stake in EQT Holdings

Perpetual Limited and its related bodies corporate have become substantial holders in EQT Holdings Limited, acquiring a 5.002% voting power through ordinary shares. This development signifies a notable shift in EQT’s shareholder structure, potentially impacting its strategic direction and market influence.

The most recent analyst rating on (AU:EQT) stock is a Buy with a A$37.50 price target. To see the full list of analyst forecasts on EQT Holdings Ltd. stock, see the AU:EQT Stock Forecast page.

EQT Holdings Limited Announces Quotation of New Securities

EQT Holdings Limited has announced the application for quotation of 414 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move is likely to enhance employee engagement and align their interests with shareholders, potentially impacting the company’s market positioning positively.

EQT Holdings Ltd. Investor Briefing Highlights Key Developments

EQT Holdings Ltd. held an investor briefing at the Radisson Blu Plaza in Sydney, focusing on various aspects of their operations. The update covered their Trustee Wealth Services, Corporate & Superannuation Trustee Services, and asset management, highlighting their high-performing team and core capabilities in risk management. The company also discussed major technological developments and provided an outlook for the future.