EQT AB |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 308.6 SEK | -5.00% |
|
-2.89% | +8.35% |
| Jun. 06 | Private equity deal drought overshadows annual meet up for second year | RE |
| Jun. 06 | Cinven Enters Exclusive Talks to Buy EQT-controlled Spanish Real Estate Portal Idealista | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 9,914 | 19,891 | 47,536 | 23,496 | 30,328 | 33,939 | - | - |
| Enterprise Value (EV) 1 | 9,104 | 19,103 | 46,948 | 23,496 | 31,326 | 33,452 | 32,626 | 31,622 |
| P/E ratio | 55.6 x | 52.4 x | 51.9 x | 116 x | 219 x | 33.7 x | 25.3 x | 18.5 x |
| Yield | 2.02% | 1.12% | 0.56% | 1.36% | 1.24% | 1.2% | 1.4% | 1.66% |
| Capitalization / Revenue | 16.5 x | 28.1 x | 29.3 x | 15.3 x | 14.2 x | 13.3 x | 11.4 x | 9.52 x |
| EV / Revenue | 15.2 x | 26.9 x | 28.9 x | 15.3 x | 14.7 x | 13.1 x | 11 x | 8.87 x |
| EV / EBITDA | 33.1 x | 49.6 x | 42.7 x | 28.3 x | 25.6 x | 20.9 x | 16.9 x | 13.1 x |
| EV / FCF | 40.3 x | 117 x | 78.6 x | 45.4 x | 34 x | 28.4 x | 20.7 x | 14.8 x |
| FCF Yield | 2.48% | 0.86% | 1.27% | 2.2% | 2.94% | 3.52% | 4.84% | 6.73% |
| Price to Book | 9.16 x | 15.8 x | 16.2 x | 3.2 x | 5.06 x | 5.11 x | 4.5 x | 3.85 x |
| Nbr of stocks (in thousands) | 952,984 | 952,984 | 986,646 | 1,186,608 | 1,184,824 | 1,183,331 | - | - |
| Reference price 2 | 10.40 | 20.87 | 48.18 | 19.80 | 25.60 | 28.68 | 28.68 | 28.68 |
| Announcement Date | 2/12/20 | 1/26/21 | 1/19/22 | 1/18/23 | 1/18/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 600 | 709 | 1,623 | 1,536 | 2,131 | 2,551 | 2,970 | 3,564 |
| EBITDA 1 | 275 | 385 | 1,100 | 829 | 1,226 | 1,598 | 1,929 | 2,419 |
| EBIT 1 | 245 | 350 | 1,063 | 785 | 1,172 | 1,504 | 1,815 | 2,302 |
| Operating Margin | 40.83% | 49.37% | 65.5% | 51.11% | 55% | 58.95% | 61.11% | 64.58% |
| Earnings before Tax (EBT) 1 | 173 | 311 | 878 | 263 | 239 | 1,364 | 1,521 | 1,928 |
| Net income 1 | 160 | 379 | 909 | 176 | 130 | 1,008 | 1,342 | 1,832 |
| Net margin | 26.67% | 53.46% | 56.01% | 11.46% | 6.1% | 39.53% | 45.19% | 51.39% |
| EPS 2 | 0.1870 | 0.3980 | 0.9290 | 0.1710 | 0.1170 | 0.8510 | 1.134 | 1.551 |
| Free Cash Flow 1 | 226 | 163.4 | 597 | 518 | 922 | 1,176 | 1,579 | 2,130 |
| FCF margin | 37.67% | 23.05% | 36.78% | 33.72% | 43.27% | 46.12% | 53.17% | 59.74% |
| FCF Conversion (EBITDA) | 82.18% | 42.44% | 54.27% | 62.48% | 75.2% | 73.61% | 81.86% | 88.04% |
| FCF Conversion (Net income) | 141.25% | 43.11% | 65.68% | 294.32% | 709.23% | 116.67% | 117.64% | 116.25% |
| Dividend per Share 2 | 0.2098 | 0.2344 | 0.2712 | 0.2695 | 0.3163 | 0.3433 | 0.4001 | 0.4754 |
| Announcement Date | 2/12/20 | 1/26/21 | 1/19/22 | 1/18/23 | 1/18/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 304 | 264 | 444 | 709 | 912 | 733 | 804 | 1,019 | 1,112 | 1,125 | 1,475 |
| EBITDA 1 | - | 80 | 305 | 492 | 608 | 413 | 416 | 555 | 653 | 648 | 836 |
| EBIT 1 | - | 63 | 286 | 476 | 587 | 393 | 392 | 530 | 624 | 620.3 | 945.6 |
| Operating Margin | - | 23.86% | 64.41% | 67.14% | 64.36% | 53.62% | 48.76% | 52.01% | 56.12% | 55.16% | 64.09% |
| Earnings before Tax (EBT) | - | 68 | 243 | 397 | 481 | - | - | - | - | - | - |
| Net income | - | - | 332 | 361 | 548 | - | -58 | 11 | 118 | - | - |
| Net margin | - | - | 74.77% | 50.92% | 60.09% | - | -7.21% | 1.08% | 10.61% | - | - |
| EPS 2 | - | 0.0620 | 0.3480 | 0.3720 | - | - | -0.0540 | 0.0100 | 0.1080 | 0.4400 | 0.8200 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/12/20 | 8/20/20 | 1/26/21 | 7/22/21 | 1/19/22 | 7/14/22 | 1/18/23 | 7/14/23 | 1/18/24 | - | - |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | 998 | - | - | - |
| Net Cash position 1 | 810 | 789 | 588 | - | - | 487 | 1,313 | 2,316 |
| Leverage (Debt/EBITDA) | - | - | - | - | 0.814 x | - | - | - |
| Free Cash Flow 1 | 226 | 163 | 597 | 518 | 922 | 1,177 | 1,579 | 2,130 |
| ROE (net income / shareholders' equity) | 22.6% | 32.3% | 43.2% | 3.77% | 16.4% | 18.8% | 20.8% | 23.6% |
| ROA (Net income/ Total Assets) | 16.4% | 24.8% | 33% | 2.61% | 10.8% | 10.9% | 13.4% | 17.1% |
| Assets 1 | 977.5 | 1,526 | 2,758 | 6,747 | 1,200 | 9,274 | 10,045 | 10,708 |
| Book Value Per Share 2 | 1.140 | 1.320 | 2.980 | 6.200 | 5.060 | 5.620 | 6.380 | 7.450 |
| Cash Flow per Share 2 | 0.2900 | 0.1800 | 0.6200 | 0.5300 | 0.8000 | 1.290 | 1.630 | 1.860 |
| Capex 1 | 18 | 8.4 | 11 | 31 | 23 | 18 | 19 | 19.8 |
| Capex / Sales | 3% | 1.18% | 0.68% | 2.02% | 1.08% | 0.71% | 0.64% | 0.56% |
| Announcement Date | 2/12/20 | 1/26/21 | 1/19/22 | 1/18/23 | 1/18/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
28.68
EUR
Average target price
30.51
EUR
Spread / Average Target
+6.38%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +8.35% | 36.94B | |
| -4.33% | 34.48B | |
| 0.00% | 19.2B | |
| +6.57% | 5.51B | |
| +6.36% | 4.23B | |
| +6.88% | 3.37B | |
| +22.05% | 2.88B | |
| -24.86% | 2.17B | |
| +3.02% | 1.23B | |
| +6.32% | 1.22B |
- Stock Market
- Equities
- EQT Stock
- Financials EQT AB
