# EQB Inc. (EQB.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Financial Services / Thrifts & Mortgage Finance. Price C$132.92, market value C$5.7 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). EQB Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 2.2×**. Each dollar of revenue is priced at 2.2×.
- **Price / book: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -10.6%** (5-yr avg 8.9%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Net margin: 8.5%**. 8.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.3%**. 8.3% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: -0.0%**. Each dollar of assets produces -0.0% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -6.9%** (3-yr 23.3%/yr, 5-yr 21.4%/yr). Revenue fell 6.9% over the last year, against 21.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -34.2%** (3-yr -4.1%/yr, 5-yr 0.6%/yr). Earnings per share fell 34.2%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: C$2.3 billion**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 1.90%** (C$2.32 per share, trailing). EQB Inc. yields 1.90%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 31%**. 31% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 22**. 22 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 23.9%/yr** (1-yr 18.0%). The dividend has compounded at 23.9% a year over five years, doubling roughly every 3 years at that pace.
- **Shareholder yield: 7.5%**. Dividends plus net buybacks return 7.5% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (10 analysts). 10 analysts cover EQB Inc.; the consensus is buy, with an average price target of C$138.40 (+4% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 48.7%** (YTD 29.3%, 3-mo 12.4%). The shares are up 48.7% over twelve months including dividends.
- **From 52-week high: -11.6%** (58.4% above the low). Trading 12% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 48**. An RSI of 48 is neutral.
- **Beta (1 yr): 0.62** (volatility 28%). Beta of 0.62 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=EQB.TO · Page: https://foliofundamentals.com/stocks/eqb.to

Not investment advice.