EQB Inc. (EQB) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of EQB Inc. stock C$64.95, price C$125, that is 48.0% below the price, quality 48 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range C$41.83 – C$149.61 · fair‑value band C$60.78 – C$72.68 · the C$124.83 price screens above the C$64.95 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada.
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It accepts term deposits, guaranteed investment certificates, high-interest savings accounts, institutional deposit notes, and covered bonds, as well as specialized financing solutions.
The company also offers single-family residential mortgages, reverse mortgages, and home equity lines of credit, as well as insurance loans.
In addition, it provides business enterprise solutions, commercial finance group services, multi-unit insured financing, specialized finance, equipment leasing, credit union services, and Concentra Trust services, as well as digital banking services.
The company was formerly known as Equitable Group Inc. and changed its name to EQB Inc. in June 2022. EQB Inc. was founded in 1970 and is headquartered in Toronto, Canada.
Stock analysis
EQB Inc. (EQB) currently trades at C$124.83, while our model-based Fair Value estimate is C$64.95, 48% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of C$81.04 per share, and 0 of the 6 models we run sit above the C$124.83 price.
Bear case: the Dividend Discount group reads lowest at C$28.95, and 6 of the 6 models stay below the price. Data coverage for this calculation is medium.
Scenario range: C$60.78 (bear) to C$72.68 (bull), the price of C$124.83 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 48/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
EQB Inc. reported revenue of C$3.1B in FY2025 versus C$1.2B in FY2021, a compound +27.8%/yr. Reported net income was C$265M in FY2025, compounding −2.4%/yr from FY2021.
Key figures
Market cap C$4.7B (≈ $3.3B) Mid · P/S ratio 5.75 · EPS (TTM) C$−0.2800 · Dividend yield 1.9% · Net margin −0.3% · Return on equity 0.0% · Return on assets (EBIT) 1.0% (5-year average) · Operating margin −172%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 22 out of 100 (low confidence).
What moves the price
The share trades about 17% below its 52-week high and 50% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −48%, EQB screens richer than that median.
Fair Value models
BearC$60.78Fair Value C$64.95BullC$72.68
Price C$124.83 · Downside -48.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.84/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−6.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+23.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+21.4%
Start year 2020 (pandemic). Over 10 years: +18.3% a year
Revenue growth 22 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+19.1%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+2.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+0.8%
Dividend (yield on the price)1.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.0.8% vs 5.5%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.25% → 12%
News mood ⓘNews mood, the average tone of recent news (78 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Expanded reach via the PC Financial acquisition and diversification into credit cards and insurance form the main strength, while heavy acquisition charges and provisions amid credit stress remain the central weakness.
Main risk: Broader credit stress could drive higher provisions and acquisition-related charges that weigh on adjusted profitability during the integration of the expanded credit-card and insurance operations.
Through the PC Financial acquisition EQB now reaches millions more Canadians via the PC Optimum loyalty program and has diversified into credit cards and insurance. Early synergies are emerging while adjusted profitability holds up, but headline results carry heavy acquisition-related charges and provisions amid broader credit stress. Does the new scale and reach ultimately strengthen the business more than the integration and provisioning burdens weigh it down?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Beats the industry median on 2/13 measures
Overall it trails its industry peers.
Valuation
Quality Score48 · Below median
Fair Value upside−48.0% · Bottom 25%
Profitability
Return on assets0.5% · Bottom 25%
Net margin (12 months)−0.3% · Bottom 25%
Operating margin (12 months)−172.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−67.5% · Bottom 25%
Dividend yield (12 months)1.9% · Below median
Balance sheet
Debt / equity4.95× · Highest 25%
Valuation Multiplesvs Banks - Regional median · lower = cheaper
P/B1.47× · Pricier than median
P/S (12 months)5.37× · Priciest 25%
Price / free cash flow (fiscal year)8.5× · Cheaper than median
EV/EBITDA45.2× · Priciest 25%
PEG0.27× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 8
FUTURE (revenue growth)0· sector 47
PAST (return on equity)0· sector 43
HEALTH (low debt)–
DIVIDEND (yield)37· sector 53
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "EQB Inc. Fair Value". https://www.fairvalue-calculator.com/stock/EQB
Frequently asked questions
Is EQB Inc. (EQB) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of C$64.95 versus a price of C$124.83, about 48% lower (overvalued).
What is the fair value of EQB?
Our model-based fair value for EQB Inc. is C$64.95 (as of Nov 7, 2026), built from audited fundamentals. The current price: C$124.83.
What is the quality score of EQB?
EQB Inc. has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for EQB Inc. (EQB)?
Our model-based price target is the fair value of C$64.95 (as of Nov 7, 2026) from 6 valuation models. Cautious scenario C$60.78, optimistic scenario C$72.68. It is a calculation from audited fundamentals, not an analyst target.
What is the EQB Inc. stock forecast for 2026?
Our models put fair value at C$64.95, about 48% lower versus a price of C$124.83 (overvalued). Cautious scenario C$60.78, optimistic scenario C$72.68. The calculation is refreshed regularly with new filings.
Does EQB Inc. pay a dividend?
EQB Inc. currently shows a dividend yield of 1.86% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of EQB Inc. (EQB) and when is the ex-dividend date?
EQB Inc. pays a dividend of C$2.32 per share a year, a dividend yield of 1.9%. The last ex-dividend date was Sep 15, 2026. A dividend has been paid every year since at least 2004. The payout ratio is 37.2% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of EQB Inc. (EQB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For EQB Inc. it is C$64.95 per share (as of Nov 7, 2026), against a price of C$124.83. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is EQB Inc. stock overvalued or undervalued in 2026?
As of Nov 7, 2026, EQB trades above its calculated fair value: price C$124.83, fair value C$64.95, a gap of about −48% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of EQB?
No. The price is what the market pays today (C$124.83); the fair value is what the company's own numbers justify (C$64.95). For EQB Inc. the two are C$59.88 per share apart. That gap is exactly why we show both numbers side by side.
How much is EQB Inc. worth?
The market values EQB Inc. at about C$4.7B (market capitalisation, as of Nov 7, 2026). Per share that is C$124.83; our models calculate a fair value of C$64.95 per share.
What do the bullish and bearish scenarios say about EQB?
Our models span a range for EQB Inc.: cautious scenario C$60.78, base C$64.95, optimistic C$72.68 per share (as of Nov 7, 2026, price C$124.83). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of EQB?
The PEG ratio of EQB Inc. is 0.27 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of EQB Inc. (EQB)?
Balance-sheet figures for EQB Inc. (as of Nov 7, 2026): return on equity 0.0%, debt of 4.95 per unit of equity. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is EQB from its 52-week high?
EQB Inc. trades at C$124.83, about 17% below its 52-week high of C$149.61 and 50% above the low of C$83.12 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of C$64.95 is for.
Which stocks are comparable to EQB Inc.?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is EQB Inc. stock attractive at the current price?
The data as of Nov 7, 2026: price C$124.83, calculated fair value C$64.95 (−48%), Quality Score 48/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of EQB calculated?
We run EQB Inc. through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of C$64.95 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. EQB Inc. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of EQB Inc. (EQB)?
The closing price on Nov 6, 2026 was C$124.83. Our model-based fair value is C$64.95, about 48% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with EQB Inc. right now?
The price sits above even our optimistic bull case (C$72.68). The favourable scenario is already priced in. Weak quality (48/100) and above fair value at the same time, the margin of safety is missing on both counts. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of EQB Inc. (EQB) come from?
Earnings per share at EQB Inc. grew +10.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share +17.9 %, EBIT margin −4.3 %, tax rate −0.2 %, residual (interest, one-offs) −1.8 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of EQB Inc.
How large is the market capitalisation of EQB Inc. (EQB)?
The market capitalisation of EQB Inc. is C$4.7B (≈ $3.3B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of EQB Inc. (EQB)?
The price-to-sales ratio of EQB Inc. is 5.75 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of EQB Inc. (EQB)?
Earnings per share at EQB Inc. are C$−0.2800. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of EQB Inc. (EQB)?
The dividend yield of EQB Inc. is 1.9%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of EQB Inc. (EQB)?
The net margin of EQB Inc. is −0.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of EQB Inc. (EQB)?
The return on equity (ROE) of EQB Inc. is 0.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of EQB Inc. (EQB)?
On an EBIT basis the return on assets of EQB Inc. is 1.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of EQB Inc. (EQB)?
The operating margin of EQB Inc. is −172% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at EQB Inc. (EQB)?
Revenue at EQB Inc. is growing −67.5% versus a year earlier (3y avg +23.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at EQB Inc. (EQB)?
Earnings per share at EQB Inc. are growing −41.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does EQB Inc. (EQB) generate?
The free cash flow of EQB Inc. is C$555M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does EQB Inc. (EQB) carry?
The net debt of EQB Inc. is C$16.8B (fiscal year 2025, ≈ 30.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 7, 2026