EQT has been drawn into the spotlight after Reuters reported the firm is among potential bidders for Dutch drone detection specialist Robin Radar Systems, in a possible deal valued near €2b. The report comes as EQT's share price has been under pressure, with the stock last closing at SEK279.5, a 1 month share price return down 10.45% and a year to date share price decline of 21.97%, even as the 3 year total shareholder return of 33.40% points to a stronger longer run journey than the past year's 18.02% total shareholder pullback suggests. The most widely followed narrative pegs fair value at about SEK386.9, implying the stock is 28% undervalued, while the current P/E of 27.8x sits far above both the Swedish Capital Markets industry on 16.9x and peers on 13.6x, and only slightly below a fair ratio of 28.1x. The EQT story could unravel if fundraising hits a ceiling or if tougher exit markets drag on carried interest and weaken the high-margin fee engine behind that valuation.
EQT CorporationEQT is named among potential bidders for Robin Radar Systems in a possible ~€2b deal, an M&A event with unclear valuation impact.
