Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Applus Services, S.A., together with its subsidiaries, provides testing, inspection, and certification services. It operates through four segments: Applus+ Energy & lndustry, Applus+ Laboratories, Applus+ Automotive, and Applus+ IDIADA. The Applus+ Energy & lndustry segment offers non-destructive testing, quality control, and accreditation services, as well as project management, supplier inspection, facility inspection, and asset certification and integrity services. This segment also provides qualified staff recruitment and hiring services for the oil and gas, aircraft, energy, mining, telecommunications, and construction industries. The Applus+ Laboratories segment offers a range of laboratory testing, system certification, and product development services across various industries and electronic payment systems, including aerospace and industrial sectors. The Applus+ Automotive segment provides mandatory vehicle roadworthiness testing services, as well as verifies vehicles' compliance with safety and emissions regulations in force in various countries. The Applus+ IDIADA segment offers design, engineering, testing, and certification services primarily to car manufacturers. It operates in Spain, rest of Europe, the United States, Canada, the Asia Pacific, the Middle East, Africa, and Latin America. The company was formerly known as Applus Technologies Holding, S.L. and changed its name to Applus Services, S.A. in March 2014. Applus Services, S.A. was founded in 1996 and is headquartered in Madrid, Spain.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, 'ex