AIR LIQUIDE SA (AI.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:AI - FR0000120073 - Common Stock
160.74 EUR
-0.82 (-0.51%)
Taking everything into account, AI scores 5 out of 10 in our fundamental rating. AI was compared to 69 industry peers in the Chemicals industry. AI scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, AI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year AI was profitable.
- In the past year AI had a positive cash flow from operations.
- AI had positive earnings in each of the past 5 years.
- In the past 5 years AI always reported a positive cash flow from operatings.
1.2 Ratios
- With a decent Return On Assets value of 6.70%, AI is doing good in the industry, outperforming 75.36% of the companies in the same industry.
- With a decent Return On Equity value of 13.49%, AI is doing good in the industry, outperforming 76.81% of the companies in the same industry.
- The Return On Invested Capital of AI (9.87%) is better than 82.61% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for AI is above the industry average of 6.95%.
- The last Return On Invested Capital (9.87%) for AI is above the 3 year average (9.47%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.7% | ||
| ROE | 13.49% | ||
| ROIC | 9.87% |
ROA(3y)6.1%
ROA(5y)5.92%
ROE(3y)12.2%
ROE(5y)12.34%
ROIC(3y)9.47%
ROIC(5y)8.98%
1.3 Margins
- AI's Profit Margin of 12.22% is amongst the best of the industry. AI outperforms 88.41% of its industry peers.
- In the last couple of years the Profit Margin of AI has grown nicely.
- The Operating Margin of AI (19.93%) is better than 92.75% of its industry peers.
- AI's Operating Margin has improved in the last couple of years.
- With an excellent Gross Margin value of 63.01%, AI belongs to the best of the industry, outperforming 91.30% of the companies in the same industry.
- In the last couple of years the Gross Margin of AI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.93% | ||
| PM (TTM) | 12.22% | ||
| GM | 63.01% |
OM growth 3Y3.78%
OM growth 5Y2.86%
PM growth 3Y3.49%
PM growth 5Y3.63%
GM growth 3Y1.78%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AI is still creating some value.
- Compared to 1 year ago, AI has about the same amount of shares outstanding.
- AI has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, AI has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.68 indicates that AI is not in any danger for bankruptcy at the moment.
- AI's Altman-Z score of 3.68 is fine compared to the rest of the industry. AI outperforms 76.81% of its industry peers.
- AI has a debt to FCF ratio of 4.60. This is a neutral value as AI would need 4.60 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 4.60, AI is doing good in the industry, outperforming 78.26% of the companies in the same industry.
- AI has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
- AI has a Debt to Equity ratio (0.47) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 4.6 | ||
| Altman-Z | 3.68 |
ROIC/WACC1.35
WACC7.33%
2.3 Liquidity
- AI has a Current Ratio of 0.84. This is a bad value and indicates that AI is not financially healthy enough and could expect problems in meeting its short term obligations.
- AI's Current ratio of 0.84 is on the low side compared to the rest of the industry. AI is outperformed by 85.51% of its industry peers.
- AI has a Quick Ratio of 0.84. This is a bad value and indicates that AI is not financially healthy enough and could expect problems in meeting its short term obligations.
- AI has a worse Quick ratio (0.61) than 85.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 11.10% over the past year.
- The Earnings Per Share has been growing by 11.55% on average over the past years. This is quite good.
- Looking at the last year, AI shows a decrease in Revenue. The Revenue has decreased by -1.99% in the last year.
- The Revenue has been growing slightly by 4.30% on average over the past years.
EPS 1Y (TTM)11.1%
EPS 3Y12.6%
EPS 5Y11.55%
EPS Q2Q%-4.88%
Revenue 1Y (TTM)-1.99%
Revenue growth 3Y5.06%
Revenue growth 5Y4.3%
Sales Q2Q%2.94%
3.2 Future
- AI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.14% yearly.
- The Revenue is expected to grow by 3.85% on average over the next years.
EPS Next Y4.63%
EPS Next 2Y8.3%
EPS Next 3Y8.77%
EPS Next 5Y10.14%
Revenue Next Year0.45%
Revenue Next 2Y2.29%
Revenue Next 3Y3.29%
Revenue Next 5Y3.85%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 25.64, the valuation of AI can be described as expensive.
- AI's Price/Earnings ratio is in line with the industry average.
- When comparing the Price/Earnings ratio of AI to the average of the S&P500 Index (27.54), we can say AI is valued inline with the index average.
- The Price/Forward Earnings ratio is 21.31, which indicates a rather expensive current valuation of AI.
- The rest of the industry has a similar Price/Forward Earnings ratio as AI.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.31, AI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.64 | ||
| Fwd PE | 21.31 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AI is on the same level as its industry peers.
- AI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.83 | ||
| EV/EBITDA | 12.89 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AI does not grow enough to justify the current Price/Earnings ratio.
- AI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)5.54
PEG (5Y)2.22
EPS Next 2Y8.3%
EPS Next 3Y8.77%
5. Dividend
5.1 Amount
- AI has a Yearly Dividend Yield of 2.12%. Purely for dividend investing, there may be better candidates out there.
- AI's Dividend Yield is comparable with the industry average which is at 2.45.
- AI's Dividend Yield is comparable with the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
5.2 History
- The dividend of AI has a limited annual growth rate of 5.86%.
Dividend Growth(5Y)5.86%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
- AI pays out 59.10% of its income as dividend. This is a bit on the high side, but may be sustainable.
- The dividend of AI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP59.1%
EPS Next 2Y8.3%
EPS Next 3Y8.77%
EPA:AI (1/15/2026, 7:00:00 PM)
160.74
-0.82 (-0.51%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)10-21 2025-10-21
Earnings (Next)02-19 2026-02-19/amc
Inst Owners27.85%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap92.99B
Revenue(TTM)27.06B
Net Income(TTM)3.31B
Analysts81.29
Price Target202.4 (25.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
Yearly Dividend2.98
Dividend Growth(5Y)5.86%
DP59.1%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.05%
PT rev (3m)0.09%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.08%
EPS NY rev (3m)-0.52%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.64 | ||
| Fwd PE | 21.31 | ||
| P/S | 3.44 | ||
| P/FCF | 33.83 | ||
| P/OCF | 14.41 | ||
| P/B | 3.79 | ||
| P/tB | 10.17 | ||
| EV/EBITDA | 12.89 |
EPS(TTM)6.27
EY3.9%
EPS(NY)7.54
Fwd EY4.69%
FCF(TTM)4.75
FCFY2.96%
OCF(TTM)11.16
OCFY6.94%
SpS46.77
BVpS42.37
TBVpS15.81
PEG (NY)5.54
PEG (5Y)2.22
Graham Number77.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.7% | ||
| ROE | 13.49% | ||
| ROCE | 13.55% | ||
| ROIC | 9.87% | ||
| ROICexc | 10.27% | ||
| ROICexgc | 16.67% | ||
| OM | 19.93% | ||
| PM (TTM) | 12.22% | ||
| GM | 63.01% | ||
| FCFM | 10.16% |
ROA(3y)6.1%
ROA(5y)5.92%
ROE(3y)12.2%
ROE(5y)12.34%
ROIC(3y)9.47%
ROIC(5y)8.98%
ROICexc(3y)9.91%
ROICexc(5y)9.43%
ROICexgc(3y)16.92%
ROICexgc(5y)16.28%
ROCE(3y)12.5%
ROCE(5y)11.85%
ROICexgc growth 3Y3.94%
ROICexgc growth 5Y3.85%
ROICexc growth 3Y4.91%
ROICexc growth 5Y4.63%
OM growth 3Y3.78%
OM growth 5Y2.86%
PM growth 3Y3.49%
PM growth 5Y3.63%
GM growth 3Y1.78%
GM growth 5Y0.07%
F-Score7
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 4.6 | ||
| Debt/EBITDA | 1.45 | ||
| Cap/Depr | 144.46% | ||
| Cap/Sales | 13.69% | ||
| Interest Coverage | 20.73 | ||
| Cash Conversion | 81.12% | ||
| Profit Quality | 83.14% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 3.68 |
F-Score7
WACC7.33%
ROIC/WACC1.35
Cap/Depr(3y)136.72%
Cap/Depr(5y)133.49%
Cap/Sales(3y)12.08%
Cap/Sales(5y)12.32%
Profit Quality(3y)89.93%
Profit Quality(5y)95.75%
High Growth Momentum
Growth
EPS 1Y (TTM)11.1%
EPS 3Y12.6%
EPS 5Y11.55%
EPS Q2Q%-4.88%
EPS Next Y4.63%
EPS Next 2Y8.3%
EPS Next 3Y8.77%
EPS Next 5Y10.14%
Revenue 1Y (TTM)-1.99%
Revenue growth 3Y5.06%
Revenue growth 5Y4.3%
Sales Q2Q%2.94%
Revenue Next Year0.45%
Revenue Next 2Y2.29%
Revenue Next 3Y3.29%
Revenue Next 5Y3.85%
EBIT growth 1Y6.38%
EBIT growth 3Y9.02%
EBIT growth 5Y7.28%
EBIT Next Year55.06%
EBIT Next 3Y21.81%
EBIT Next 5Y15.89%
FCF growth 1Y-11.8%
FCF growth 3Y1.77%
FCF growth 5Y6.15%
OCF growth 1Y-1.16%
OCF growth 3Y4.31%
OCF growth 5Y6.05%
AIR LIQUIDE SA / AI.PA FAQ
What is the ChartMill fundamental rating of AIR LIQUIDE SA (AI.PA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to AI.PA.
What is the valuation status for AI stock?
ChartMill assigns a valuation rating of 3 / 10 to AIR LIQUIDE SA (AI.PA). This can be considered as Overvalued.
Can you provide the profitability details for AIR LIQUIDE SA?
AIR LIQUIDE SA (AI.PA) has a profitability rating of 9 / 10.
What is the financial health of AIR LIQUIDE SA (AI.PA) stock?
The financial health rating of AIR LIQUIDE SA (AI.PA) is 4 / 10.
What is the earnings growth outlook for AIR LIQUIDE SA?
The Earnings per Share (EPS) of AIR LIQUIDE SA (AI.PA) is expected to grow by 4.63% in the next year.