EQB:TSX-Equitable Group Inc (CAD)

COMMON STOCK | Mortgage Finance | TSX

Last Closing Price

CAD 60.26

Change

-0.75 (-1.23)%

Market Cap

CAD 2.08B

Volume

0.05M

Avg Analyst Target

CAD 80.50 (+33.59%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

Equitable Group Inc (EQB) Stock Analysis:
Based on the Equitable Group Inc stock forecasts from 8 analysts, the average analyst target price for Equitable Group Inc is CAD 80.50 over the next 12 months. Equitable Group Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Equitable Group Inc is Slightly Bullish , which is based on 6 positive signals and 5 negative signals. At the last closing, Equitable Group Inc’s stock price was CAD 60.26. Equitable Group Inc’s stock price has changed by -1.36% over the past week, -3.46% over the past month and -15.69% over the last year.

About

Equitable Group Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, tax-free savings ...Read More

Company Website : https://www.equitablebank.ca

Address : Equitable Bank Tower, Toronto, ON, Canada, M4V 3A1

Employees : 1,219

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 1.68

52 Week High : 84.24

Short Ratio : 11.30

52 Week Low : 51.73

Shorted Shares : 1,366,912

200 Day Moving Average : 72.34

Shorted Shares Previous Month : 834,041

50 Day Moving Average : 64.89

Shares Held By Insiders : 31.55%

Short Percentage : 1.68%

Shares Held by Institutions : 25.70%

Dividend Yield : 1.90%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2022-05-24 )

Largest Industry Peers for Mortgage Finance

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
FN:CA First National Financial Corpo..

-0.20 (-0.56%)

 CAD2.12B 11.00 N/A
FN-PA:CA First National Financial Corpo..

N/A

 CAD1.79B 3.89 N/A
EQB-PC:CA Equitable Group Inc

-0.02 (-0.08%)

 CAD1.21B 2.81 N/A
HCG:CA Home Capital Group Inc

+0.43 (+1.56%)

 CAD1.18B 6.04 N/A
TF:CA Timbercreek Financial Corp

+0.21 (+2.40%)

 CAD0.73B 18.72 23.01
AI:CA Atrium Mortgage Investment Cor..

+0.06 (+0.46%)

 CAD0.56B 13.07 N/A
MKP:CA MCAN Mortgage Corporation

+0.16 (+0.90%)

 CAD0.56B 7.74 3.47
FC:CA Firm Capital Mortgage Investme..

+0.05 (+0.38%)

 CAD0.45B 14.04 N/A
DLCG:CA Dominion Lending Centres Inc.

-0.06 (-1.82%)

 CAD0.15B 8.20 9.62

ETFs Containing EQB:CA

Symbol Name Weight Mer Price(Change) Market Cap
INOC:CA Horizons Inovestor Canadi.. 0.00 % 0.65 %

+0.03 (+0.26%)

 CAD0.03B

Market Performance

  Market Performance vs.
Industry/Classification (Mortgage Finance)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -12.55% 40% F 39% F
Dividend Return 0.41% 22% F 19% F
Total Return -12.15% 40% F 38% F
Trailing 12 Months  
Capital Gain -14.94% 40% F 24% F
Dividend Return 1.18% 22% F 18% F
Total Return -13.76% 40% F 24% F
Trailing 5 Years  
Capital Gain 141.23% 86% B 91% A-
Dividend Return 12.49% 29% F 57% F
Total Return 153.72% 86% B 91% A-
Average Annual (5 Year Horizon)  
Capital Gain 31.12% 90% A- 91% A-
Dividend Return 1.66% 33% F 47% F
Total Return 32.78% 100% A+ 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 42.89% 10% F 21% F
Risk Adjusted Return 76.43% 90% A- 86% B
Market Capitalization 2.08B 90% A- 76% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Mortgage Finance)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 6.86 70% C- 72% C-
Price/Book Ratio 1.05 88% B+ 66% D
Price / Cash Flow Ratio -0.58 70% C- 77% C+
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 16.51% 70% C- 77% C+
Return on Invested Capital -0.72% 30% F 35% F
Return on Assets 0.91% 30% F 37% F
Debt to Equity Ratio 584.52% 30% F 2% F
Technical Ratios  
Dividend Yield 1.90% 10% F 24% F
Short Ratio 11.30 30% F 10% F
Short Percent 1.68% 38% F 53% F
Beta 1.68 20% F 17% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.