EQT AB (EQT) AI Stock Analysis

• Market Cap: kr402.60B
• Dividend Yield: 1.15%
• Average Volume (3M): 970.76K
• Price to Earnings (P/E): 43.0
• Beta (1Y): 1.58
• Revenue Growth: 14.62%
• EPS Growth: N/A
• Country: SE
• Employees: 1,937
• Sector: Energy
• Sector Strength: 56
• Industry: Asset Management
• EPS (TTM): 6.41
• Shares Outstanding: 1,234,226,400
• 10 Day Avg. Volume: 1,025,283
• 30 Day Avg. Volume: 970,765
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: kr356.17
• Price Target Upside: 3.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 77 Outperform
• Price Target: kr385.00 ▲(12.05% 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 demonstrates robust financial performance with strong revenue growth, excellent gross and net profit margins, and solid cash flow generation. The balance sheet reflects stability with low leverage and a strong equity base, contributing to an overall positive financial outlook.

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

EQT AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 343.60
• 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 343.6 is above the 20-day moving average (MA) of 337.40, above the 50-day MA of 326.26, and above the 200-day MA of 311.97, indicating a bullish trend. The MACD of 4.90 indicates Positive momentum. The RSI at 56.18 is Neutral, neither overbought nor oversold. The STOCH value of 76.61 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	kr402.60B	42.96		1.15%	14.62%	―
Sector *	65 Neutral	$15.26B	7.31	3.02%	5.32%	4.27%	-62.52%
0H13	―	kr162.39B	12.48	8.17%	―	―	―
0MHU	―	kr162.39B	12.51	8.17%	―	―	―
0NC5	―	kr901.25B	39.09	2.79%	―	―	―
0NC6	―	kr901.25B	39.16	2.79%	―	―	―
0RH1	―	kr23.72B	―	-6.65%	―	―	―

EQT AB Corporate Events

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.

EQT AB Reports Strong Growth and Strategic Leadership Changes in H1 2025

EQT AB’s half-year report for 2025 highlights strategic leadership changes with the appointment of Per Franzen as CEO and Managing Partner, alongside a reshuffle of its Executive Committee. The company has successfully increased its exit volumes and completed fundraising for EQT Infrastructure VI, while continuing to gain market share in the private equity sector. EQT’s financial performance showed significant growth, with a 23% increase in total revenue and a substantial rise in net income, reflecting its strong operational efficiencies and strategic expansion initiatives across Asia, Europe, and the U.S.

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 Targets EUR 23 Billion for New Fund EQT XI

EQT AB has announced a target fund size of EUR 23 billion for its new fund, EQT XI, which aligns with the investment strategy of its predecessor, EQT X. This move is part of EQT’s strategic cycle of capital raising, ensuring investment continuity as the predecessor fund nears full investment. The announcement reflects EQT’s ongoing commitment to maintaining its position in the investment industry and providing strategic capital injections, with implications for stakeholders regarding future investment opportunities and management fee structures.

The most recent analyst rating on (SE:EQT) stock is a Hold with a SEK249.00 price target. To see the full list of analyst forecasts on EQT AB stock, see the SE:EQT Stock Forecast page.

EQT AB Cancels Treasury Shares to Offset Dilution

EQT AB has reduced its total number of shares and votes by 6,899,011 as a result of a cancellation of treasury shares, following a resolution by the Annual Shareholders’ Meeting. This move is part of EQT’s strategy to offset dilution from its Share and Option Programs, reflecting its commitment to maintaining shareholder value.

The most recent analyst rating on (SE:EQT) stock is a Hold with a SEK249.00 price target. To see the full list of analyst forecasts on EQT AB stock, see the SE:EQT Stock Forecast page.

EQT AB Shareholders Approve Board Proposals and Dividend

EQT AB’s Annual Shareholders’ Meeting approved all proposals from the Board and Nomination Committee, including financial statements for 2024, a dividend of SEK 4.30 per share, and re-elections of Board members. The meeting also authorized the Board to issue new shares and amend share programs, indicating strategic flexibility and potential growth initiatives. These decisions reinforce EQT’s commitment to shareholder value and strategic positioning in the investment sector.

The most recent analyst rating on (SE:EQT) stock is a Hold with a SEK249.00 price target. To see the full list of analyst forecasts on EQT AB stock, see the SE:EQT Stock Forecast page.

EQT AB Announces Share Repurchase Program to Optimize Capital Structure

EQT AB has announced a share repurchase program, authorizing the buyback of up to 5,535,521 ordinary shares, representing 0.45% of its share capital, with a maximum expenditure of SEK 2.5 billion. This initiative, scheduled between July 18 and September 26, 2025, aims to adjust EQT’s capital structure and allocate shares to board members, while mitigating dilution from employee incentive programs.

The most recent analyst rating on (SE:EQT) stock is a Hold with a SEK249.00 price target. To see the full list of analyst forecasts on EQT AB stock, see the SE:EQT Stock Forecast page.