EQT Holdings Ltd. (EQT) AI Stock Analysis

• Market Cap: AU$670.58M
• Dividend Yield: 4.45%
• Average Volume (3M): 110.30K
• Price to Earnings (P/E): 20.7
• Beta (1Y): 0.60
• Revenue Growth: 4.26%
• EPS Growth: 79.41%
• Country: AU
• Employees: 441
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.84
• Shares Outstanding: 26,791,157
• 10 Day Avg. Volume: 90,988
• 30 Day Avg. Volume: 110,295
• PEG Ratio: 0.50
• Price to Book (P/B): 2.25
• Price to Sales (P/S): 5.09
• P/FCF Ratio: 23.75
• 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$34.57
• Price Target Upside: 38.56% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: AU$27.00 ▲(8.22% Upside)

EQT Holdings Ltd. has a solid financial foundation with strong profitability and cash flow management. However, the significant revenue decline is a concern. The technical indicators suggest a bearish trend, which could impact short-term performance. The valuation is reasonable with an attractive dividend yield, making it appealing for income-focused investors.

Positive Factors

Cash Flow Management

Strong cash flow growth indicates effective cash management and the ability to fund operations and investments without relying heavily on external financing.

Balance Sheet Strength

A low debt-to-equity ratio suggests conservative leverage, enhancing financial stability and reducing risk in economic downturns.

Profitability

Improved net profit margin reflects strong cost management and operational efficiency, which can sustain profitability even in challenging revenue environments.

Negative Factors

Revenue Decline

A substantial revenue decline poses a risk to future growth prospects and may indicate challenges in market demand or competitive positioning.

Revenue Growth Concerns

Sustained revenue growth is critical for long-term success; declining trends may hinder the company's ability to expand and capture market share.

Market Position Challenges

A decline in revenue may reflect challenges in maintaining market position, potentially impacting the company's ability to compete effectively in the financial services sector.

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 generates revenue through multiple streams, primarily by charging management fees on its investment funds and portfolios. These fees are collected as a percentage of assets under management (AUM), allowing the company to benefit from growth in investment performance and client inflows. Additionally, EQT earns performance fees based on the success of its investment strategies, incentivizing the firm to achieve superior returns for its clients. The company also provides financial advisory services, which contribute to its revenue through consulting fees. Strategic partnerships with other financial institutions and investment platforms further enhance EQT's reach and capabilities, driving additional earnings through collaborative investment initiatives.

EQT Holdings Ltd. Financial Statement Overview

Summary

EQT Holdings Ltd. demonstrates strong profitability and cash flow management with robust margins and cash flow ratios. However, the significant decline in revenue growth is a concern that could impact future performance. The balance sheet remains solid with low leverage and a strong equity base, providing financial stability.

Income Statement

EQT Holdings Ltd. has demonstrated strong profitability with a high gross profit margin of 96.87% in the latest year, indicating efficient cost management. However, the company experienced a significant revenue decline of 41.7%, which is a concern for growth. Net profit margin improved to 18.59%, showing enhanced profitability despite the revenue drop. The EBIT and EBITDA margins are robust at 30.44% and 34.56%, respectively, reflecting strong operational efficiency.

Balance Sheet

The company's balance sheet is stable with a low debt-to-equity ratio of 0.21, indicating conservative leverage. Return on equity is moderate at 8.23%, suggesting reasonable profitability relative to shareholder equity. The equity ratio stands at 74.73%, highlighting a strong equity base relative to total assets, which enhances financial stability.

Cash Flow

EQT Holdings Ltd. shows a healthy cash flow position with a 33.3% growth in free cash flow, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 3.24, suggesting efficient conversion of income into cash. The free cash flow to net income ratio is high at 0.95, reflecting effective cash management and a strong ability to cover net income with free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	178.71M	178.71M	169.45M	138.58M	110.56M	99.61M
Gross Profit	173.11M	173.11M	44.38M	34.22M	43.38M	37.78M
EBITDA	61.76M	61.76M	39.55M	36.27M	41.65M	35.58M
Net Income	32.26M	33.22M	20.71M	18.83M	24.23M	21.53M
Balance Sheet
Total Assets	540.48M	540.48M	539.86M	511.91M	371.15M	353.83M
Cash, Cash Equivalents and Short-Term Investments	156.48M	156.48M	138.76M	109.69M	118.32M	97.17M
Total Debt	82.96M	82.96M	82.14M	63.30M	50.45M	41.26M
Total Liabilities	136.59M	136.59M	141.26M	112.38M	89.81M	79.58M
Stockholders Equity	403.90M	403.90M	402.09M	405.39M	285.27M	276.81M
Cash Flow
Free Cash Flow	39.60M	38.27M	32.54M	8.76M	31.86M	19.12M
Operating Cash Flow	39.89M	40.33M	39.04M	12.58M	34.13M	19.81M
Investing Cash Flow	-2.06M	2.96M	-3.29M	-127.25M	-7.27M	-691.00K
Financing Cash Flow	-20.42M	-25.44M	-6.58M	106.10M	-10.53M	-11.69M

EQT Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 24.95
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• 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 Neutral. The current price of 24.95 is above the 20-day moving average (MA) of 24.47, above the 50-day MA of 23.78, and below the 200-day MA of 28.92, indicating a neutral trend. The MACD of 0.30 indicates Negative momentum. The RSI at 53.49 is Neutral, neither overbought nor oversold. The STOCH value of 44.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:EQT.

EQT Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FID	69 Neutral	AU$375.02M	20.16	32.31%	4.04%	10.61%	23.34%
EQT	69 Neutral	AU$670.58M	20.75	8.50%	4.45%	4.26%	79.41%
RPL	68 Neutral	AU$1.02B	23.51	5.73%	5.32%	21.81%	-43.93%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
PAC	67 Neutral	AU$313.60M	8.35	11.44%	4.10%	31.09%	-75.49%
AEF	64 Neutral	€593.05M	30.37	58.10%	2.62%	18.80%	74.51%
MAF	45 Neutral	AU$1.78B	42.84	8.97%	1.98%	35.30%	44.24%

EQT Holdings Ltd. Corporate Events

EQT Holdings Updates Director’s Share Entitlements

EQT Holdings Limited announced a change in the director’s interest notice, specifically concerning Michael Joseph O’Brien. The change involves the acquisition of 18,290 share entitlements, increasing his indirect holdings to 56,706 share entitlements, following shareholder approval at the company’s 2025 Annual General Meeting. This adjustment reflects the company’s ongoing commitment to aligning management interests with shareholder value, potentially impacting its governance and stakeholder confidence.

EQT Holdings Issues Performance Share Rights Under Employee Incentive Scheme

EQT Holdings Limited has announced the issuance of 20,220 performance share rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions until the specified conditions are met, reflecting the company’s commitment to aligning employee incentives with long-term performance goals.

EQT Holdings Announces Cessation of NED Share Rights

EQT Holdings Limited announced the cessation of 320 NED Share Rights due to the lapse of conditional rights, as the conditions were not met by October 31, 2025. This announcement may impact the company’s issued capital and could have implications for stakeholders regarding the company’s securities management.

EQT Holdings Announces Director Departure and Securities Interests

EQT Holdings Limited announced the cessation of David Glenn Sedgwick as a director effective 30 October 2025. The notice also detailed Mr. Sedgwick’s interests in securities, including his holdings through This Little Black Duck Pty Ltd and Equity Nominees Limited. This change in directorship may impact the company’s governance structure and could have implications for its strategic direction.

EQT Holdings Ltd Releases 2025 AGM Results

EQT Holdings Ltd has released the results of its 2025 Annual General Meeting, as required by the Corporations Act and ASX listing rules. This announcement is part of the company’s commitment to transparency and compliance, potentially impacting its stakeholders by providing insights into the company’s governance and future direction.

EQT Holdings Issues Performance Share Rights Under Employee Incentive Scheme

EQT Holdings Limited announced the issuance of 97,041 performance share rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions, reflecting the company’s commitment to rewarding and retaining its employees, which could positively impact its operational efficiency and market positioning.

EQT Holdings Ltd. Announces Quotation of New Securities on ASX

EQT Holdings Ltd. has announced the application for quotation of 754 ordinary fully paid securities on the Australian Securities Exchange (ASX), issued under an employee incentive scheme. This move is part of EQT’s strategy to enhance its market presence and incentivize its employees, potentially impacting its operational dynamics and stakeholder engagement.

EQT Holdings Updates on ASIC Proceedings and Member Compensation

EQT Holdings Limited has announced an update on Federal Court proceedings initiated by the Australian Securities and Investments Commission against its subsidiary, Equity Trustees Superannuation Limited (ETSL). ASIC has amended its claim to include compensation orders for losses incurred by members of the AMG Super and Super Simplifier platforms who invested in the Shield Master Fund. ETSL maintains that it acted in accordance with its fiduciary duties and intends to defend the proceedings. The revaluation of the Shield Master Fund indicates a significant potential recovery of funds for members, and ETSL is actively supporting the recovery process.

EQT Holdings Limited Announces Quotation of New Securities

EQT Holdings Limited announced the application for the quotation of 13,949 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities are issued under an employee incentive scheme and are not subject to transfer restrictions. This move is part of EQT’s ongoing efforts to enhance its market presence and incentivize its workforce, potentially impacting its operational dynamics and stakeholder engagement.

EQT Holdings Announces 2025 Annual General Meeting Details

EQT Holdings Limited has announced its 2025 Annual General Meeting, scheduled for October 30, 2025, at the Hilton Melbourne. Shareholders are encouraged to submit proxy votes in advance and can ask questions online before the meeting. Key agenda items include the re-election of a director, adoption of the remuneration report, and approval of a long-term incentive award for the managing director. These decisions could influence the company’s governance and executive compensation strategies, impacting shareholder interests and company operations.

EQT Holdings Ltd. Announces Change in Director’s Interest

EQT Holdings Ltd. has announced a change in the director’s interest, specifically for Carol Judith Schwartz, who has acquired 6,995 Rights under the NED Share Plan. This acquisition, valued at $214,285.71, reflects the company’s ongoing commitment to aligning its leadership’s interests with its strategic goals, potentially impacting its governance and stakeholder confidence positively.

EQT Holdings Ltd. Issues Unquoted Equity Securities to Boost Employee Engagement

EQT Holdings Ltd. announced the issuance of unquoted equity securities, specifically 11,465 NED Share Rights, as part of an employee incentive scheme. This move is aimed at enhancing employee engagement and aligning their interests with the company’s performance, potentially impacting the company’s operational dynamics and stakeholder relations positively.

EQT Holdings Announces Director’s Interest Change

EQT Holdings Ltd. has announced a change in the director’s interest, specifically regarding Michael Joseph O’Brien’s holdings. The notice details the partial vesting and lapse of Long-Term Incentive Series 18 Share Entitlements, which are part of Mr. O’Brien’s remuneration package. This change reflects a transfer of shares and an adjustment in Mr. O’Brien’s direct and indirect shareholdings, impacting his overall securities portfolio within the company.