ALS (ASX:ALQ) EBIT: A$517 Mil (TTM As of Mar. 2026)


ASX:ALQ ALS Ltd ASX:ALQ
88 GF Score
Price A$22.48
GF Value A$18.96
Valuation Modestly Overvalued
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What is ALS EBIT?

ALS ASX:ALQ -1.96% 88 EBIT is A$517 Mil as of Mar. 2026. GuruFocus rates ASX:ALQ with a GF Score™ of 88/100 and a GF Value™ of A$18.96 (Modestly Overvalued).

ALS's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was A$276 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was A$517 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ALS's annualized ROC % for the quarter that ended in Mar. 2026 was 12.59%. ALS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 40.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ALS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.03%.

ALS  (ASX:ALQ) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

ALS's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=584.4 * ( 1 - 28.18% )/( (3391.4 + 3274.5)/ 2 )
=419.71608/3332.95
=12.59 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4108.8 - 506.2 - ( 211.2 - max(0, 723.1 - 1112.5+211.2))
=3391.4

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3902.5 - 478.3 - ( 149.7 - max(0, 671.6 - 985.5+149.7))
=3274.5

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

ALS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=551.8/( ( (1162.3 + max(310.5, 0)) + (1135.6 + max(141.3, 0)) )/ 2 )
=551.8/( ( 1472.8 + 1276.9 )/ 2 )
=551.8/1374.85
=40.14 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(640.6 + 130.6 + 130.1) - (506.2 + 0 + 84.6)
=310.5

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(483.8 + 126.1 + 86) - (478.3 + 2.5 + 73.8)
=141.3

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

ALS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=516.7/12836.957
=4.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ALS EBIT Related Terms

ALS EBIT Historical Data

* Premium members only.

The historical data trend for ALS's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ALS EBIT Chart

ALS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 315.70 433.70 179.90 441.50 516.70

ALS Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -36.60 218.40 223.10 240.80 275.90

ASX:ALQ vs VRSK, EFX, BAH: EBIT Comparison

For the Consulting Services subindustry, ALS's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ALS EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, ALS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ALS's EV-to-EBIT falls into.


ASX:ALQ
88GF Score
ALS Ltd ASX:ALQ
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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ALS EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$517 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$517 Mil mean?
ALS (ASX:ALQ) has a EBIT of A$517 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ALS.
Is ALS's EBIT too high?
ALS's current EBIT is A$517 Mil. Overall, ALS has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ALS's EBIT compare to VRSK and EFX?
ALS's EBIT of A$517 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Business Services company?
A good EBIT depends on the Business Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ALS. ALS's current EBIT is A$517 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALS stock overvalued right now?
Based on GuruFocus' analysis, ALS (ASX:ALQ) is currently considered Modestly Overvalued. The stock's GF Value™ is A$18.96, compared to a current price of A$22.48 — trading 18.6% above its estimated fair value. The current EBIT is A$517 Mil. ALS's overall GF Score™ is 88/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For ALS (ASX:ALQ), the current EBIT is A$517 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ALS (ASX:ALQ) Overvalued in 2026?

Based on GuruFocus' analysis, ALS stock appears to be overvalued. The current stock price of A$22.48 is trading 18.6% above its estimated GF Value™ of A$18.96. GuruFocus considers ALS to be Modestly Overvalued.

Key valuation signals for ASX:ALQ:

  • EBIT: A$517 Mil
  • GF Value™: A$18.96 vs. price of A$22.48 (18.6% above fair value)
  • GF Score™: 88/100

No single metric tells the full story. See the ASX:ALQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ALS Business Description

Other Exchanges CPBLF:USACP4:Germany
Address 25 King Street, Level 9B, Bowen Hills, Brisbane, QLD, AUS, 4006
Founded in the 1880s and listed on the ASX in 1952, ALS operates two divisions: commodities and life sciences. ALS commodities traditionally generated the majority of underlying earnings, providing geochemistry, metallurgy, inspection, and mine site services for the global mining industry. Expansion into environmental, pharmaceutical, and food testing areas has lessened earnings exposure to commodities.
88GF Score

Get the complete analysis for ASX:ALQ

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$22.48
Price
A$18.96
GF Value