EQT AB (EQT) AI Stock Analysis

• Market Cap: kr406.97B
• Dividend Yield: 1.14%
• Average Volume (3M): 886.28K
• Price to Earnings (P/E): 42.9
• Beta (1Y): 1.56
• Revenue Growth: 14.62%
• EPS Growth: N/A
• Country: SE
• Employees: 1,937
• Sector: Energy
• Sector Strength: 52
• Industry: Asset Management
• EPS (TTM): 6.33
• Shares Outstanding: 1,234,611,900
• 10 Day Avg. Volume: 869,575
• 30 Day Avg. Volume: 886,283
• PEG Ratio: 0.09
• Price to Book (P/B): 3.89
• Price to Sales (P/S): 11.87
• P/FCF Ratio: 70.47
• 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: kr360.29
• Price Target Upside: 4.25% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 77 Outperform
• Price Target: kr385.00 ▲(11.40% Upside)

EQT AB's strong financial performance and positive earnings call sentiment are the primary drivers of its stock score. The company's robust revenue growth, profitability, and successful fundraising efforts position it well for future growth. Technical indicators show a generally positive trend, although caution is advised due to potential overbought conditions. The high P/E ratio suggests the stock may be overvalued, which slightly tempers the overall score.

EQT AB Business Overview & Revenue Model

Company Description

EQT AB (publ) is a private equity firm specializing in buyout investments. The firm focuses on Private Capital & Real Asset segments. It seeks to make investments globally. It seeks to take a majority stake. EQT AB (publ) was founded in 2012 and is based in Stockholm, Sweden and additional offices in Sydney, Australia and Tokyo, Japan.

How the Company Makes Money

EQT AB generates revenue primarily through its private equity and infrastructure funds, which are raised from institutional and high-net-worth investors. The company earns money by charging management fees based on a percentage of the assets under management (AUM). Additionally, EQT earns performance-based incentive fees, commonly known as carried interest, which is a share of the profits generated by the funds when portfolio investments are successfully exited at a higher valuation. Significant partnerships with investors and value creation strategies within portfolio companies are crucial factors contributing to EQT's earnings.

EQT AB Financial Statement Overview

Summary

EQT AB's financial statements reflect a strong and growing company with robust revenue and profit growth. The income statement shows significant improvements in profitability and operational efficiency. The balance sheet indicates financial stability with low leverage and a strong equity base. The cash flow statement confirms solid cash generation capabilities, enhancing the company's financial flexibility. Overall, EQT AB is well-positioned for continued growth and stability in the asset management industry.

Income Statement

EQT AB has shown strong revenue growth with a significant increase from previous years, indicating robust business expansion. The gross profit margin is excellent at 68.2% for 2024, reflecting efficient cost management. Net profit margin improved to 29.2%, showcasing enhanced profitability. The EBIT and EBITDA margins are healthy, indicating solid operational performance. Overall, the income statement reflects strong growth and profitability, positioning the company well within its industry.

Balance Sheet

The balance sheet shows a strong equity position with an equity ratio of 70.5% for 2024, suggesting stability and low financial risk. The debt-to-equity ratio has remained manageable at 0.27, indicating prudent leverage management. Return on equity improved to 9.6%, showing efficient use of shareholder funds. Overall, the balance sheet reflects financial strength and stability, although further improvement in ROE could enhance investor appeal.

Cash Flow

EQT AB has demonstrated robust cash flow generation with an increase in free cash flow from previous years. The operating cash flow to net income ratio is 0.60, indicating good conversion of earnings to cash. The free cash flow to net income ratio is impressive at 0.58, reflecting strong cash efficiency. Overall, the cash flow statement highlights excellent cash generation and efficient capital management, providing a solid foundation for future investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.69B	2.65B	2.08B	1.50B	1.60B	708.70M
Gross Profit	1.83B	1.81B	1.38B	995.80M	1.23B	457.10M
EBITDA	1.56B	1.55B	1.09B	745.30M	1.05B	319.50M
Net Income	840.00M	776.00M	129.90M	176.30M	909.40M	379.30M
Balance Sheet
Total Assets	11.07B	11.48B	9.21B	9.60B	3.89B	1.62B
Cash, Cash Equivalents and Short-Term Investments	5.58B	5.33B	1.11B	644.90M	587.90M	878.00M
Total Debt	2.60B	2.22B	2.15B	2.15B	614.00M	89.20M
Total Liabilities	3.76B	3.38B	3.20B	3.20B	948.90M	359.90M
Stockholders Equity	7.31B	8.10B	6.00B	6.40B	2.94B	1.26B
Cash Flow
Free Cash Flow	-60.00M	447.00M	921.20M	518.20M	596.70M	163.40M
Operating Cash Flow	-23.00M	464.00M	944.80M	549.20M	608.20M	171.80M
Investing Cash Flow	-26.00M	-2.00M	-38.80M	-1.55B	-895.20M	20.60M
Financing Cash Flow	-256.00M	-574.00M	-415.20M	1.15B	-20.30M	-215.90M

EQT AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 345.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:EQT, the sentiment is Positive. The current price of 345.6 is above the 20-day moving average (MA) of 337.37, above the 50-day MA of 335.87, and above the 200-day MA of 314.65, indicating a neutral trend. The MACD of 0.32 indicates Positive momentum. The RSI at 51.38 is Neutral, neither overbought nor oversold. The STOCH value of 60.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:EQT.

EQT AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EQT	77 Outperform	kr406.97B	42.92		1.14%	14.62%	―
INDU.A	73 Outperform	158.35B	12.07	7.94%	2.25%	10.96%	-41.98%
INDU.C	70 Outperform	158.35B	12.08	7.94%	2.25%	10.96%	-41.98%
INVE.A	69 Neutral	871.01B	37.25	2.78%	1.74%	3.97%	-87.10%
INVE.B	62 Neutral	871.01B	37.28	2.78%	1.74%	3.97%	-87.10%
KINV.B	59 Neutral	22.98B	-9.10	0.00%	―	-96.22%	69.75%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

EQT AB Corporate Events

EQT AB Advances Share Repurchase Program

EQT AB has repurchased 545,427 of its own shares as part of a larger repurchase program, which aims to buy back up to 5,535,521 shares by 26 September 2025. This strategic move, conducted in compliance with EU regulations, is part of EQT’s efforts to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (SE:EQT) stock is a Buy with a SEK385.00 price target. To see the full list of analyst forecasts on EQT AB stock, see the SE:EQT Stock Forecast page.

EQT AB Advances Share Buyback Program with Recent Repurchases

EQT AB announced the repurchase of 552,127 of its own ordinary shares as part of a larger buyback program initiated in May 2025. This program, which aims to repurchase up to 5,535,521 shares, is conducted in compliance with EU regulations and reflects EQT’s strategic financial management. The repurchase activity is expected to impact EQT’s shareholding structure and could potentially enhance shareholder value.

The most recent analyst rating on (SE:EQT) stock is a Buy with a SEK385.00 price target. To see the full list of analyst forecasts on EQT AB stock, see the SE:EQT Stock Forecast page.

EQT AB Advances Share Repurchase Program

EQT AB announced the repurchase of 497,182 of its own ordinary shares between August 11 and August 15, 2025, as part of a larger repurchase program aiming to buy back up to 5,535,521 shares. This initiative, in compliance with EU regulations, is part of EQT’s strategy to manage its share capital effectively. The repurchases, executed on Nasdaq Stockholm, reflect EQT’s commitment to enhancing shareholder value and optimizing its capital structure.

The most recent analyst rating on (SE:EQT) stock is a Hold with a SEK326.00 price target. To see the full list of analyst forecasts on EQT AB stock, see the SE:EQT Stock Forecast page.

EQT AB Continues Share Repurchase Program

EQT AB has repurchased 538,275 of its own ordinary shares as part of a larger repurchase program initiated in May 2025, which aims to buy back up to 5,535,521 shares. This move, executed by Skandinaviska Enskilda Banken AB on Nasdaq Stockholm, is part of EQT’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (SE:EQT) stock is a Hold with a SEK326.00 price target. To see the full list of analyst forecasts on EQT AB stock, see the SE:EQT Stock Forecast page.

EQT AB Continues Share Repurchase Program

EQT AB has repurchased 550,000 of its own ordinary shares as part of a repurchase program aimed at acquiring a maximum of 5,535,521 shares. This program, running from July to September 2025, is aligned with EU regulations and is executed on Nasdaq Stockholm. The repurchase is part of EQT’s strategy to manage its share capital and potentially enhance shareholder value.

The most recent analyst rating on (SE:EQT) stock is a Hold with a SEK326.00 price target. To see the full list of analyst forecasts on EQT AB stock, see the SE:EQT Stock Forecast page.