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Australian Clinical Labs LimitedASX:ACL Stock Report

Market Cap AU$384.1m
Share Price
AU$2.06
AU$3.48
40.8% undervalued intrinsic discount
1Y-25.6%
7D1.5%
1D
Portfolio Value
View

Australian Clinical Labs Limited

ASX:ACL Stock Report

Market Cap: AU$384.1m

Australian Clinical Labs (ACL) Stock Overview

Provides pathology diagnostic services in Australia. More details

ACL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance1/6
Financial Health4/6
Dividends2/6

ACL Community Fair Values

Create Narrative

See what 38 others think this stock is worth. Follow their fair value or set your own to get alerts.

Australian Clinical Labs Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Australian Clinical Labs
Historical stock prices
Current Share PriceAU$2.06
52 Week HighAU$2.97
52 Week LowAU$1.83
Beta0.83
1 Month Change7.29%
3 Month Change-5.94%
1 Year Change-25.63%
3 Year Change-38.32%
5 Year Change-44.92%
Change since IPO-39.77%

Recent News & Updates

Narrative Update May 29

ACL: New CEO Appointment And Index Inclusion Will Support Future Upside

Analysts have slightly reset their price target for Australian Clinical Labs to A$2.58, reflecting updates to assumptions around the discount rate and future P/E multiples, while keeping fair value estimates broadly unchanged. What's in the News Australian Clinical Labs appointed Greg Horan as Group CEO, with Horan joining as Group CEO elect on 1 June 2026 and formally taking over on 31 August 2026 when current Group CEO and Executive Director Melinda McGrath steps down after 10 years in the role (Key Developments).
Narrative Update May 05

ACL: Index Inclusion And Franked Dividend Will Support Undervalued Share Price

Analysts have trimmed their price target for Australian Clinical Labs slightly to A$3.48 from A$3.50, reflecting updated assumptions around revenue growth, profit margins, the discount rate and future P/E multiples. What's in the News Australian Clinical Labs has been added to the S&P/ASX Emerging Companies Index, placing the stock in a broader benchmark followed by many Australian equity investors (Key Developments).
Narrative Update Apr 20

ACL: Index Inclusion And Dividend Policy Will Support Future Share Price Upside

Analysts have reduced their price target for Australian Clinical Labs to A$2.58 from A$3.37, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Australian Clinical Labs Limited has been added to the S&P/ASX Emerging Companies Index, reflecting its inclusion in this benchmark group of smaller listed companies (Key Developments).
Narrative Update Apr 05

ACL: Index Inclusion And Dividend Settings Will Shape A Balanced Outlook

Analysts have trimmed their price target on Australian Clinical Labs to A$2.20 from A$2.40, citing slightly softer revenue growth assumptions, a modestly higher discount rate, and a lower future P/E multiple, partly offset by adjusted profit margin expectations. What's in the News Australian Clinical Labs Limited (ASX:ACL) is being added to the S&P/ASX Emerging Companies Index, which can increase visibility among index and fund investors (Index Constituent Adds).

Recent updates

Narrative Update May 29

ACL: New CEO Appointment And Index Inclusion Will Support Future Upside

Analysts have slightly reset their price target for Australian Clinical Labs to A$2.58, reflecting updates to assumptions around the discount rate and future P/E multiples, while keeping fair value estimates broadly unchanged. What's in the News Australian Clinical Labs appointed Greg Horan as Group CEO, with Horan joining as Group CEO elect on 1 June 2026 and formally taking over on 31 August 2026 when current Group CEO and Executive Director Melinda McGrath steps down after 10 years in the role (Key Developments).
Narrative Update May 05

ACL: Index Inclusion And Franked Dividend Will Support Undervalued Share Price

Analysts have trimmed their price target for Australian Clinical Labs slightly to A$3.48 from A$3.50, reflecting updated assumptions around revenue growth, profit margins, the discount rate and future P/E multiples. What's in the News Australian Clinical Labs has been added to the S&P/ASX Emerging Companies Index, placing the stock in a broader benchmark followed by many Australian equity investors (Key Developments).
Narrative Update Apr 20

ACL: Index Inclusion And Dividend Policy Will Support Future Share Price Upside

Analysts have reduced their price target for Australian Clinical Labs to A$2.58 from A$3.37, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Australian Clinical Labs Limited has been added to the S&P/ASX Emerging Companies Index, reflecting its inclusion in this benchmark group of smaller listed companies (Key Developments).
Narrative Update Apr 05

ACL: Index Inclusion And Dividend Settings Will Shape A Balanced Outlook

Analysts have trimmed their price target on Australian Clinical Labs to A$2.20 from A$2.40, citing slightly softer revenue growth assumptions, a modestly higher discount rate, and a lower future P/E multiple, partly offset by adjusted profit margin expectations. What's in the News Australian Clinical Labs Limited (ASX:ACL) is being added to the S&P/ASX Emerging Companies Index, which can increase visibility among index and fund investors (Index Constituent Adds).
Narrative Update Mar 22

ACL: Future Dividend Visibility Will Support Confidence In Undervalued Share Price

Analysts have trimmed their price target on Australian Clinical Labs from A$3.85 to A$3.50, citing updated assumptions that include a higher discount rate, a lower revenue growth outlook, a slightly higher profit margin and a modestly reduced future P/E multiple. What's in the News The Board has declared a fully franked interim dividend of A$0.0375 per share for the six months ending 31 December 2025, providing clearer visibility on near term cash returns (Key Developments).
Narrative Update Mar 07

ACL: Dividend Timeline And Updated Assumptions Will Shape A Measured Outlook

Analysts have nudged their price target for Australian Clinical Labs higher to A$2.40, reflecting updated assumptions around revenue growth, profit margins, the discount rate and future P/E that slightly increase their view of fair value from A$2.30. What's in the News The board has declared a fully franked interim dividend of A$0.0375 per share for the six months ending 31 December 2025, indicating a cash return to shareholders for that period (Key Developments).
Narrative Update Feb 21

ACL: Dividend Timeline And Revised Assumptions Will Guide A Balanced Outlook

Analysts have reduced their price target on Australian Clinical Labs by A$0.50 to A$2.30, citing updated assumptions around revenue growth, profit margin, discount rate and future P/E multiples. What's in the News The board has declared a fully franked interim dividend of A$0.0375 per share for the six months ending 31 December 2025 (Key Developments).
Narrative Update Feb 07

ACL: Updated Assumptions Will Support Confidence In Undervalued Share Price

Analysts have revised their price target on Australian Clinical Labs to A$3.85. The update reflects slightly adjusted assumptions around discount rate, revenue growth, profit margin and future P/E, while keeping fair value unchanged at A$3.85.
Narrative Update Jan 24

ACL: Updated Discount Rate And Margins Will Shape A Measured Outlook

Analysts have trimmed their price target for Australian Clinical Labs to A$2.80 from A$2.90, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E, which together point to a slightly more cautious valuation outlook. Valuation Changes Fair Value Estimate: Trimmed slightly from A$2.90 to A$2.80, reflecting a modestly lower central valuation point.
Narrative Update Jan 09

ACL: Share Buyback Plan Will Support Future Share Price Upside

Analysts have trimmed their price target for Australian Clinical Labs to about A$3.37 from A$3.40, citing slightly softer assumptions for revenue growth and profit margins, while keeping the assumed future P/E multiple broadly unchanged. What's in the News The Board of Directors authorized a share buyback plan on October 23, 2025, signaling an intention to return capital to shareholders over time (Key Developments).
Narrative Update Dec 15

ACL: Share Buyback And Cyber Penalty Resolution Will Support Stronger Outlook

Narrative Update on Australian Clinical Labs Analysts have trimmed their price target on Australian Clinical Labs from approximately A$4.73 to around A$3.85. This reflects slightly higher perceived risk, more moderate valuation multiples, and only modest upgrades to long term growth and margin assumptions.
Narrative Update Nov 30

ACL: Share Buyback Program Will Drive Shareholder Value Over The Next Year

Analysts have reaffirmed their price target for Australian Clinical Labs at $3.40, citing stable financial forecasts and consistent assumptions for discount rate, revenue growth, profit margin, and future price-earnings ratio. What's in the News The Board of Directors authorized a buyback plan on October 23, 2025 (Key Developments).
Narrative Update Nov 16

ACL: Share Buyback Plan And Acquisitions Will Drive Future Upside

Analysts have maintained their price target for Australian Clinical Labs at $3.40. They cite steady expectations for profit margins and revenue growth, even with a slight increase in the discount rate.
Narrative Update Nov 02

ACL: Share Buyback And Acquisition Plans Will Drive Strong Shareholder Returns

Analysts have revised their price target for Australian Clinical Labs slightly downward to $3.40. This adjustment is due to marginally lower expectations for revenue growth and future earnings multiples.
Narrative Update Oct 18

AI And Laboratory Automation Will Advance Personalized Testing

Analysts have lowered their price target for Australian Clinical Labs from $3.60 to $3.40. They cite adjustments to their revenue growth forecasts and a slightly higher discount rate in their valuation model.
Analysis Article Mar 02

Australian Clinical Labs Limited Just Missed Earnings - But Analysts Have Updated Their Models

It's been a mediocre week for Australian Clinical Labs Limited ( ASX:ACL ) shareholders, with the stock dropping 16% to...
User avatar
New Narrative Feb 09

Operational Improvements And New Genomic Tests Aim To Improve Future Outlook

Improving collection centers and digital transformations are set to enhance operational efficiency, boosting profit margins and supporting revenue growth.
Analysis Article Sep 03

Why Investors Shouldn't Be Surprised By Australian Clinical Labs Limited's (ASX:ACL) 29% Share Price Surge

Australian Clinical Labs Limited ( ASX:ACL ) shares have continued their recent momentum with a 29% gain in the last...
Analysis Article Sep 02

Should You Think About Buying Australian Clinical Labs Limited (ASX:ACL) Now?

Australian Clinical Labs Limited ( ASX:ACL ), might not be a large cap stock, but it led the ASX gainers with a...
Analysis Article Jun 20

We Think Australian Clinical Labs (ASX:ACL) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 21

Are Investors Undervaluing Australian Clinical Labs Limited (ASX:ACL) By 46%?

Key Insights The projected fair value for Australian Clinical Labs is AU$5.01 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Dec 08

Is It Time To Consider Buying Australian Clinical Labs Limited (ASX:ACL)?

While Australian Clinical Labs Limited ( ASX:ACL ) might not be the most widely known stock at the moment, it saw a...
Analysis Article Aug 14

Here's Why We Think Australian Clinical Labs (ASX:ACL) Might Deserve Your Attention Today

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Feb 25

Australian Clinical Labs Limited (ASX:ACL) Just Reported Half-Year Earnings: Have Analysts Changed Their Mind On The Stock?

Australian Clinical Labs Limited ( ASX:ACL ) last week reported its latest half-yearly results, which makes it a good...
Analysis Article Dec 22

New Forecasts: Here's What Analysts Think The Future Holds For Australian Clinical Labs Limited (ASX:ACL)

Celebrations may be in order for Australian Clinical Labs Limited ( ASX:ACL ) shareholders, with the analysts...
Analysis Article Dec 21

The Market Lifts Australian Clinical Labs Limited (ASX:ACL) Shares 31% But It Can Do More

Australian Clinical Labs Limited ( ASX:ACL ) shareholders would be excited to see that the share price has had a great...

Shareholder Returns

ACLAU HealthcareAU Market
7D1.5%-1.0%-1.2%
1Y-25.6%-11.8%0.8%

Return vs Industry: ACL underperformed the Australian Healthcare industry which returned -11.8% over the past year.

Return vs Market: ACL underperformed the Australian Market which returned 0.8% over the past year.

Price Volatility

Is ACL's price volatile compared to industry and market?
ACL volatility
ACL Average Weekly Movement4.0%
Healthcare Industry Average Movement6.1%
Market Average Movement10.2%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market4.1%

Stable Share Price: ACL has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: ACL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20204,700Melinda McGrathwww.clinicallabs.com.au

Australian Clinical Labs Limited provides pathology diagnostic services in Australia. The company offers range of services, including molecular cancer, harmony NIPT, genetic carrier screening and other antenatal, cardiac, and commercial drug and alcohol testing services; chemical pathology, haematology, histopathology and cytopathology, serology and microbiology, allergy and immunology, and veterinary and functional pathology services; pathology services for clinical trials; and CPD programs. It serves doctors, patients, and corporate clients.

Australian Clinical Labs Limited Fundamentals Summary

How do Australian Clinical Labs's earnings and revenue compare to its market cap?
ACL fundamental statistics
Market capAU$384.10m
Earnings (TTM)AU$26.31m
Revenue (TTM)AU$737.49m
14.6x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACL income statement (TTM)
RevenueAU$737.49m
Cost of RevenueAU$467.32m
Gross ProfitAU$270.17m
Other ExpensesAU$243.86m
EarningsAU$26.31m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 26, 2026

Earnings per share (EPS)0.14
Gross Margin36.63%
Net Profit Margin3.57%
Debt/Equity Ratio47.8%

How did ACL perform over the long term?

See historical performance and comparison

Dividends

6.1%
Current Dividend Yield
90%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/07 09:12
End of Day Share Price 2026/06/05 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Australian Clinical Labs Limited is covered by 10 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lyanne HarrisonBofA Global Research
Shane StoreyCanaccord Genuity
Citi ResearchCitigroup Inc