ALS Limited provides professional technical services primarily in the areas of testing, measurement, and inspection in Africa, Asia/Pacific, Europe, the Middle East, North Africa, and the Americas.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$12.72|
|52 Week High||AU$9.05|
|52 Week Low||AU$13.32|
|1 Month Change||1.11%|
|3 Month Change||-1.62%|
|1 Year Change||38.26%|
|3 Year Change||45.37%|
|5 Year Change||104.50%|
|Change since IPO||2,300.03%|
Recent News & Updates
Investors Will Want ALS' (ASX:ALQ) Growth In ROCE To Persist
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
ALS Limited's (ASX:ALQ) CEO Looks Due For A Compensation Raise
The impressive results at ALS Limited ( ASX:ALQ ) recently will be great news for shareholders. At the upcoming AGM on...
|ALQ||AU Professional Services||AU Market|
Return vs Industry: ALQ exceeded the Australian Professional Services industry which returned 37% over the past year.
Return vs Market: ALQ exceeded the Australian Market which returned 23.7% over the past year.
Stable Share Price: ALQ is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ALQ's weekly volatility (3%) has been stable over the past year.
About the Company
ALS Limited provides professional technical services primarily in the areas of testing, measurement, and inspection in Africa, Asia/Pacific, Europe, the Middle East, North Africa, and the Americas. The company operates through three segments: Commodities, Life Sciences, and Industrial. The Commodities segment offers assaying and analytical testing, and metallurgical services for the mining and mineral exploration companies in geochemistry, metallurgy, inspection, and coal quality areas.
ALS Fundamentals Summary
|ALQ fundamental statistics|
Is ALQ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ALQ income statement (TTM)|
|Cost of Revenue||AU$1.24b|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 17, 2021
|Earnings per share (EPS)||0.36|
|Net Profit Margin||9.80%|
How did ALQ perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Is ALS undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ALQ (A$12.72) is trading above our estimate of fair value (A$8.18)
Significantly Below Fair Value: ALQ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ALQ is poor value based on its PE Ratio (35.6x) compared to the Australian Professional Services industry average (19.9x).
PE vs Market: ALQ is poor value based on its PE Ratio (35.6x) compared to the Australian market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: ALQ is poor value based on its PEG Ratio (3.9x)
Price to Book Ratio
PB vs Industry: ALQ is overvalued based on its PB Ratio (5.7x) compared to the AU Professional Services industry average (3.4x).
How is ALS forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALQ's forecast earnings growth (9.2% per year) is above the savings rate (1.9%).
Earnings vs Market: ALQ's earnings (9.2% per year) are forecast to grow slower than the Australian market (11.5% per year).
High Growth Earnings: ALQ's earnings are forecast to grow, but not significantly.
Revenue vs Market: ALQ's revenue (6.5% per year) is forecast to grow faster than the Australian market (5.6% per year).
High Growth Revenue: ALQ's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALQ's Return on Equity is forecast to be high in 3 years time (20.8%)
How has ALS performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALQ has high quality earnings.
Growing Profit Margin: ALQ's current net profit margins (9.8%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: ALQ has become profitable over the past 5 years, growing earnings by 46.1% per year.
Accelerating Growth: ALQ's earnings growth over the past year (126.2%) exceeds its 5-year average (46.1% per year).
Earnings vs Industry: ALQ earnings growth over the past year (126.2%) exceeded the Professional Services industry 9.3%.
Return on Equity
High ROE: ALQ's Return on Equity (16.1%) is considered low.
How is ALS's financial position?
Financial Position Analysis
Short Term Liabilities: ALQ's short term assets (A$611.1M) exceed its short term liabilities (A$378.1M).
Long Term Liabilities: ALQ's short term assets (A$611.1M) do not cover its long term liabilities (A$1.0B).
Debt to Equity History and Analysis
Debt Level: ALQ's debt to equity ratio (72.4%) is considered high.
Reducing Debt: ALQ's debt to equity ratio has increased from 63.1% to 72.4% over the past 5 years.
Debt Coverage: ALQ's debt is well covered by operating cash flow (34.5%).
Interest Coverage: ALQ's interest payments on its debt are well covered by EBIT (7.2x coverage).
What is ALS current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ALQ's dividend (1.82%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.32%).
High Dividend: ALQ's dividend (1.82%) is low compared to the top 25% of dividend payers in the Australian market (5.55%).
Stability and Growth of Payments
Stable Dividend: ALQ's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALQ's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.6%), ALQ's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ALQ's dividends in 3 years are forecast to be covered by earnings (59.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Raj Naran (59 yo)
Mr. Raj Naran, BSc (Chemistry), BA (Mathematics), has been Managing Director, Chief Executive Officer and Director at ALS Limited since July 20, 2017. Mr. Naran served as the Group General Manager of Life...
CEO Compensation Analysis
Compensation vs Market: Raj's total compensation ($USD2.10M) is about average for companies of similar size in the Australian market ($USD1.83M).
Compensation vs Earnings: Raj's compensation has been consistent with company performance over the past year.
Experienced Management: ALQ's management team is considered experienced (4.4 years average tenure).
Experienced Board: ALQ's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ALQ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ALS Limited's employee growth, exchange listings and data sources
- Name: ALS Limited
- Ticker: ALQ
- Exchange: ASX
- Founded: 1863
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: AU$6.136b
- Shares outstanding: 482.40m
- Website: https://www.alsglobal.com
Number of Employees
- ALS Limited
- 32 Shand Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 15:10|
|End of Day Share Price||2021/09/22 00:00|
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 here.