| Valuation method | Value, £ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 24.80 | 122 |
| Intrinsic value (DCF) | 5.11 | -54 |
| Graham-Dodd Method | n/a | |
| Graham Formula | 0.50 | -96 |
eQ Oyj is a Helsinki-based investment manager specializing in asset management, corporate finance, and private equity investments. Operating primarily in Northern Europe and North America, the firm focuses on venture capital, middle-market buyout funds, and technology sector investments. With a diversified portfolio spanning multiple regions—including the Baltic States, Western Europe, and emerging markets—eQ Oyj manages funds ranging from €50 million to €500 million, targeting majority acquisitions in private companies. Formerly known as Amanda Capital Oyj, the company has built a reputation for strategic fund-of-funds investments and secondary market transactions since its founding in 2000. As a key player in the Nordic financial services sector, eQ Oyj leverages its regional expertise and global reach to deliver value to institutional and private investors. Its strong presence in Finland and expanding footprint in international markets make it a noteworthy entity in the diversified financial services industry.
eQ Oyj presents a moderately attractive investment opportunity with a market capitalization of €461.7 million and a beta of 0.544, indicating lower volatility relative to the broader market. The firm reported €66.2 million in revenue and €27.4 million in net income for the latest fiscal period, with a diluted EPS of €0.65. Its dividend payout of €0.73 per share suggests a shareholder-friendly approach. However, the firm's relatively small scale compared to global asset managers and its concentrated exposure to private equity markets introduce risks, particularly in economic downturns affecting fund valuations. The positive operating cash flow (€14.8 million) and manageable debt (€3.96 million) provide financial stability, but growth may hinge on expanding its fund mandates and secondary market activity.
eQ Oyj competes in a niche segment of the asset management industry, focusing on private equity and venture capital fund-of-funds. Its competitive advantage lies in its deep regional expertise in Northern Europe and selective North American investments, allowing it to identify high-potential middle-market opportunities. The firm’s ability to participate in secondary transactions adds liquidity optionality for investors. However, its smaller AUM (assets under management) compared to global giants limits its bargaining power with top-tier fund managers. While eQ Oyj benefits from Finland’s stable financial ecosystem, it faces stiff competition from larger, more diversified asset managers with broader geographic reach and stronger brand recognition. Its specialization in technology and buyout funds is a strength but also a concentration risk if these sectors underperform. The firm’s low beta suggests resilience to market swings, but its growth trajectory depends on scaling its client mandates and maintaining strong fund selection acumen.