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Aquirian Limited (AQN) Fair Value & Analysis

Industrials · AU · Market cap A$44.5M

AL Aquirian Limited AQN · AU
PriceA$0.4250
Fair ValueA$0.5400
Upside+27.1%
Quality92/100
Evidence: Low Range A$0.4100 – A$0.6800

Fair value as of: Jun 24, 2026

From 5 valuation models · updated 5 days ago

Share price +2.6% over the past month.

Price vs Fair Value (12 months)

A$0.5206 A$0.3241 Fair Value A$0.5400 Jun 2025 Jun 2026

12‑month range A$0.3241 – A$0.5206 · fair‑value band A$0.4100 – A$0.6800 · the A$0.4250 price screens below the A$0.5400 fair value. As of Jun 24, 2026.

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Analysis

Aquirian Limited (AQN) currently trades at A$0.4250, while our model-based Fair Value estimate is A$0.5400 — implying the stock looks roughly 27.1% undervalued today. We read business quality at 92/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, Aquirian Limited generated revenue of A$29.2M at a net margin of -7.5%. Revenue grew 24.3% year over year. It earns a return on equity of -16.2%. Net debt stands at A$8.3M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) A$29.2M
Revenue growth (YoY) +24.3%
Net margin -7.5%
Return on equity -16.2%
Free cash flow −A$1.7M FY2024
Operating margin 5.5%
More key figures
EPS (TTM) A$-0.0300
EPS growth (YoY) +0.1%
Net debt A$8.3M FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Aquirian Limited engages in manufacture and supply of energetics, development of technology and innovative products, provision of equipment, onsite field services, workforce and training solutions to the mining and resources industry in Australia. The company operates through Mining Services and People Services segments. It offers consumable products; blasting products and lease equipment; equipment repairs, maintenance and reconditioning, engineering, and onsite field services; and manufacturing storage solutions for explosive materials and dangerous goods under the Collar Keeper, Cybem, and MagLok brands. The company also provides people services, such as permanent placements, casual workforce, and contract personnel for various functional resourcing requirements; and surface and support shot firing courses through classroom and virtual participation. In addition, it provides nationwide personnel on permanent, casual or contract basis, and the training of individuals within the dr…

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Aquirian Limited reported revenue of A$26.0M in FY2024 versus A$12.5M in FY2020, a compound +20.2%/yr. Reported net income was −A$3.4M in FY2024.

Revenue +20.2%/yr
FY20 A$12.5M
FY21 A$17.4M
FY22 A$26.2M
FY23 A$23.1M
FY24 A$26.0M
Net income
FY20 A$623K
FY21 A$558K
FY22 A$547K
FY23 −A$649K
FY24 −A$3.4M

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Frequently asked questions

Is Aquirian Limited (AQN) undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$0.5400 versus a price of A$0.4250 — about +27% (undervalued). Model-based estimate, not financial advice.
What is the fair value of AQN?
Our 21-model fair value for Aquirian Limited is A$0.5400 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$0.4250.
What is the quality score of AQN?
Aquirian Limited has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Aquirian Limited (AQN)?
Aquirian Limited reported trailing-twelve-month revenue of about A$29.2M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of AQN?
The net profit margin of Aquirian Limited is about -7.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.