ALS Limited provides analytical testing services in Australia, Asia/Pacific, Europe, the Middle East, North Africa, and internationally. More Details
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has ALS's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALQ's share price has been volatile over the past 3 months.
7 Day Return
AU Professional Services
1 Year Return
AU Professional Services
Return vs Industry: ALQ exceeded the Australian Professional Services industry which returned -6.9% over the past year.
Return vs Market: ALQ exceeded the Australian Market which returned -5.4% over the past year.
Price Volatility Vs. Market
How volatile is ALS's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StIs It Time To Consider Buying ALS Limited (ASX:ALQ)?
2 weeks ago | Simply Wall StHere's How We Evaluate ALS Limited's (ASX:ALQ) Dividend
4 weeks ago | Simply Wall StReturns On Capital - An Important Metric For ALS (ASX:ALQ)
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$9.6) is trading above our estimate of fair value (A$7.64)
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 (60.8x) compared to the AU Professional Services industry average (16.4x).
PE vs Market: ALQ is poor value based on its PE Ratio (60.8x) compared to the Australian market (21x).
Price to Earnings Growth Ratio
PEG Ratio: ALQ is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: ALQ is overvalued based on its PB Ratio (4.2x) compared to the AU Professional Services industry average (2.8x).
How is ALS forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALQ's forecast earnings growth (20.5% per year) is above the savings rate (2.3%).
Earnings vs Market: ALQ's earnings (20.5% per year) are forecast to grow faster than the Australian market (17.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ALQ's revenue (3.8% per year) is forecast to grow slower than the Australian market (4.6% per year).
High Growth Revenue: ALQ's revenue (3.8% 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 low in 3 years time (16.4%).
How has ALS performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALQ has a large one-off loss of A$105.8M impacting its March 31 2020 financial results.
Growing Profit Margin: ALQ's current net profit margins (4.2%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: ALQ has become profitable over the past 5 years, growing earnings by 60.5% per year.
Accelerating Growth: ALQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ALQ had negative earnings growth (-54.3%) over the past year, making it difficult to compare to the Professional Services industry average (-5.6%).
Return on Equity
High ROE: ALQ's Return on Equity (7%) is considered low.
How is ALS's financial position?
Financial Position Analysis
Short Term Liabilities: ALQ's short term assets (A$936.7M) exceed its short term liabilities (A$587.1M).
Long Term Liabilities: ALQ's short term assets (A$936.7M) do not cover its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: ALQ's debt to equity ratio (110.5%) is considered high.
Reducing Debt: ALQ's debt to equity ratio has increased from 76.3% to 110.5% over the past 5 years.
Debt Coverage: ALQ's debt is well covered by operating cash flow (21.1%).
Interest Coverage: ALQ's interest payments on its debt are well covered by EBIT (7.1x coverage).
What is ALS current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ALQ's dividend (1.83%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.15%).
High Dividend: ALQ's dividend (1.83%) is low compared to the top 25% of dividend payers in the Australian market (5.43%).
Stability and Growth of Payments
Stable Dividend: ALQ's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALQ's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (111.4%), ALQ's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ALQ's dividends in 3 years are forecast to be covered by earnings (58.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Raj Naran (58 yo)
Mr. Raj Naran, BSc (Chemistry), BA (Mathematics), has been Managing Director, Chief Executive Officer and Director at ALS Limited since July 20, 2017. Mr. Naran served as the Group General Manager of Life ...
CEO Compensation Analysis
Compensation vs Market: Raj's total compensation ($USD2.14M) is about average for companies of similar size in the Australian market ($USD2.06M).
Compensation vs Earnings: Raj's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||3.25yrs||AU$3.01m||0.049% |
|Chief Financial Officer||2.08yrs||AU$1.19m||no data|
|General Manager of Geochemistry||11.5yrs||AU$1.05m||0.0059% |
|General Manager of Industrial||no data||AU$882.85k||0.0066% |
|General Manager of Life Sciences APAC||3.5yrs||AU$836.94k||0.0083% |
|General Manager of Life Sciences EMEA||3.5yrs||AU$798.38k||0.011% |
|General Counsel & Company Secretary||2.83yrs||no data||no data|
|Global Head of Human Resources||12.75yrs||no data||no data|
|Chief Risk Officer||no data||no data||no data|
|Group Financial Controller||no data||no data||no data|
Experienced Management: ALQ's management team is considered experienced (3.5 years average tenure).
|MD, CEO & Director||3.25yrs||AU$3.01m||0.049% |
|Independent Non-Executive Director||8.67yrs||AU$180.70k||0.011% |
|Independent Chairman||4.25yrs||AU$354.55k||0.012% |
|Independent Non-Executive Director||5.67yrs||AU$193.20k||0.019% |
|Independent Non-Executive Director||4.25yrs||AU$193.20k||0.0056% |
|Independent Non-Executive Director||0.92yr||AU$67.73k||0.0015% |
|Independent Non-Executive Director||1.75yrs||AU$190.77k||no data|
Experienced Board: ALQ's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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 company bio, 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$4.669b
- Shares outstanding: 482.29m
- Website: https://www.alsglobal.com
Number of Employees
- ALS Limited
- 32 Shand Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ALQ||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|CPBL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|CP4||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|ALQ||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
ALS Limited provides analytical testing services in Australia, Asia/Pacific, Europe, the Middle East, North Africa, and internationally. The company operates through three segments: Commodities, Life Scien ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/22 10:41|
|End of Day Share Price||2020/10/22 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.