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ALQ logo

ALS LimitedASX:ALQ Stock Report

Market Cap AU$11.0b
Share Price
AU$21.66
My Fair Value
AU$19.1
13.4% overvalued intrinsic discount
1Y53.6%
7D-1.5%
Portfolio Value
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ALS Limited

ASX:ALQ Stock Report

Market Cap: AU$11.0b

ALS (ALQ) Stock Overview

Engages in the provision of professional technical services primarily in the areas of testing, measurement, and inspection in Africa, Asia Pacific, Europe, the Middle East, North Africa, and the United States. More details

ALQ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance5/6
Financial Health3/6
Dividends3/6

Rewards

Trading at 20.8% below our estimate of its fair value

Earnings are forecast to grow 13.33% per year

Earnings grew by 1886% over the past year

Risk Analysis

Has a high level of debt


ALQ Community Fair Values

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See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

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ALS

Capitalizing On Environmental Megatrends And PFAS Demand To Fuel Revenue And Margins

Key Takeaways Integration and optimization of acquisitions could improve operational efficiency, enhancing margins and earnings over time. Expertise in PFAS testing positions ALS to capitalize on regulatory trends, potentially boosting revenue and margins in Life Sciences.
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AU$19.1
FV
13.4% overvalued intrinsic discount
7.19%
Revenue growth p.a.
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9users have followed this narrative
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ALS

Rising ESG Requirements And Automation Will Erode Testing Demand

Key Takeaways Rising automation and self-sufficiency in client industries threaten ALS's core revenues, requiring expensive technological upgrades and risking declining margins. Exposure to mining cycles, tighter regulations, and intensifying competition jeopardize growth prospects and could further squeeze profitability and operational efficiency.
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AU$12.84
FV
68.6% overvalued intrinsic discount
6.28%
Revenue growth p.a.
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0users have followed this narrative
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ALS

Electrification And Renewable Energy Trends Will Expand Testing Capacity

Key Takeaways Accelerated integration of key acquisitions, major lab investments, and automation are driving early margin improvement, recurring revenues, and strong global market positioning. Industry consolidation, robust demand for critical minerals, and selective high-growth acquisitions are fueling above-expectation revenue growth and long-term margin expansion.
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AU$20.95
FV
3.4% overvalued intrinsic discount
8.60%
Revenue growth p.a.
0users have liked this narrative
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0users have followed this narrative
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ALS Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for ALS
Historical stock prices
Current Share PriceAU$21.66
52 Week HighAU$22.69
52 Week LowAU$13.97
Beta0.88
1 Month Change8.73%
3 Month Change19.93%
1 Year Change53.62%
3 Year Change90.67%
5 Year Change121.93%
Change since IPO3,986.84%

Recent News & Updates

Is It Too Late To Consider Buying ALS Limited (ASX:ALQ)?

Oct 22
Is It Too Late To Consider Buying ALS Limited (ASX:ALQ)?

Is There An Opportunity With ALS Limited's (ASX:ALQ) 28% Undervaluation?

Sep 22
Is There An Opportunity With ALS Limited's (ASX:ALQ) 28% Undervaluation?

Recent updates

Is It Too Late To Consider Buying ALS Limited (ASX:ALQ)?

Oct 22
Is It Too Late To Consider Buying ALS Limited (ASX:ALQ)?

Is There An Opportunity With ALS Limited's (ASX:ALQ) 28% Undervaluation?

Sep 22
Is There An Opportunity With ALS Limited's (ASX:ALQ) 28% Undervaluation?

Is There Now An Opportunity In ALS Limited (ASX:ALQ)?

Jun 19
Is There Now An Opportunity In ALS Limited (ASX:ALQ)?

Is There An Opportunity With ALS Limited's (ASX:ALQ) 29% Undervaluation?

May 24
Is There An Opportunity With ALS Limited's (ASX:ALQ) 29% Undervaluation?

ALS Limited (ASX:ALQ) Not Flying Under The Radar

Apr 15
ALS Limited (ASX:ALQ) Not Flying Under The Radar

Return Trends At ALS (ASX:ALQ) Aren't Appealing

Mar 02
Return Trends At ALS (ASX:ALQ) Aren't Appealing

ALS (ASX:ALQ) Seems To Use Debt Quite Sensibly

Feb 09
ALS (ASX:ALQ) Seems To Use Debt Quite Sensibly

Investors Interested In ALS Limited's (ASX:ALQ) Revenues

Dec 11
Investors Interested In ALS Limited's (ASX:ALQ) Revenues
User avatar

Capitalizing On Environmental Megatrends And PFAS Demand To Fuel Revenue And Margins

Integration and optimization of acquisitions could improve operational efficiency, enhancing margins and earnings over time.

ALS (ASX:ALQ) Is Paying Out Less In Dividends Than Last Year

Nov 22
ALS (ASX:ALQ) Is Paying Out Less In Dividends Than Last Year

Slowing Rates Of Return At ALS (ASX:ALQ) Leave Little Room For Excitement

Nov 19
Slowing Rates Of Return At ALS (ASX:ALQ) Leave Little Room For Excitement

Shareholder Returns

ALQAU Professional ServicesAU Market
7D-1.5%-1.2%-1.7%
1Y53.6%36.7%8.9%

Return vs Industry: ALQ exceeded the Australian Professional Services industry which returned 35.2% over the past year.

Return vs Market: ALQ exceeded the Australian Market which returned 9.1% over the past year.

Price Volatility

Is ALQ's price volatile compared to industry and market?
ALQ volatility
ALQ Average Weekly Movement2.5%
Professional Services Industry Average Movement6.2%
Market Average Movement9.5%
10% most volatile stocks in AU Market20.1%
10% least volatile stocks in AU Market3.5%

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

Volatility Over Time: ALQ's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
186320,515Malcolm Deanewww.alsglobal.com

ALS Limited engages in the provision of professional technical services primarily in the areas of testing, measurement, and inspection in Africa, Asia Pacific, Europe, the Middle East, North Africa, and the United States. It operates in two segments, Commodities and Life Sciences. The Commodities segment offers assaying and analytical testing, and metallurgical services for the mining and mineral exploration companies.

ALS Limited Fundamentals Summary

How do ALS's earnings and revenue compare to its market cap?
ALQ fundamental statistics
Market capAU$10.99b
Earnings (TTM)AU$256.20m
Revenue (TTM)AU$3.00b
42.9x
P/E Ratio
3.7x
P/S Ratio

Is ALQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALQ income statement (TTM)
RevenueAU$3.00b
Cost of RevenueAU$2.11b
Gross ProfitAU$888.50m
Other ExpensesAU$632.30m
EarningsAU$256.20m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Nov 18, 2025

Earnings per share (EPS)0.51
Gross Margin29.62%
Net Profit Margin8.54%
Debt/Equity Ratio130.8%

How did ALQ perform over the long term?

See historical performance and comparison

Dividends

1.8%
Current Dividend Yield
73%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/30 00:19
End of Day Share Price 2025/10/30 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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

ALS Limited is covered by 24 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Megan Kirby-LewisBarrenjoey Markets Pty Limited
Joseph HouseBell Potter
Shaurya VisenBofA Global Research