AIR LIQUIDE SA (AI.PA) Fundamental Analysis & Valuation
EPA:AI • FR0000120073
Current stock price
170.88 EUR
+0.06 (+0.04%)
Last:
This AI.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. AI.PA Profitability Analysis
1.1 Basic Checks
- In the past year AI was profitable.
- AI had a positive operating cash flow in the past year.
- AI had positive earnings in each of the past 5 years.
- Each year in the past 5 years AI had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 6.78%, AI is in the better half of the industry, outperforming 77.61% of the companies in the same industry.
- AI's Return On Equity of 13.42% is fine compared to the rest of the industry. AI outperforms 71.64% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 9.75%, AI belongs to the top of the industry, outperforming 82.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.78% | ||
| ROE | 13.42% | ||
| ROIC | 9.75% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- AI has a better Profit Margin (13.06%) than 92.54% of its industry peers.
- AI's Profit Margin has improved in the last couple of years.
- The Operating Margin of AI (20.72%) is better than 92.54% of its industry peers.
- AI's Operating Margin has improved in the last couple of years.
- The Gross Margin of AI (64.18%) is better than 92.54% of its industry peers.
- 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 | 20.72% | ||
| PM (TTM) | 13.06% | ||
| GM | 64.18% |
OM growth 3Y8.45%
OM growth 5Y2.29%
PM growth 3Y12.32%
PM growth 5Y1.9%
GM growth 3Y6.02%
GM growth 5Y-0.21%
2. AI.PA Health Analysis
2.1 Basic Checks
- AI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- AI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- AI has an Altman-Z score of 3.78. This indicates that AI is financially healthy and has little risk of bankruptcy at the moment.
- AI's Altman-Z score of 3.78 is fine compared to the rest of the industry. AI outperforms 77.61% of its industry peers.
- AI has a debt to FCF ratio of 5.10. This is a neutral value as AI would need 5.10 years to pay back of all of its debts.
- AI has a better Debt to FCF ratio (5.10) than 65.67% of its industry peers.
- AI has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.42, AI perfoms like the industry average, outperforming 52.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 5.1 | ||
| Altman-Z | 3.78 |
ROIC/WACC1.24
WACC7.85%
2.3 Liquidity
- AI has a Current Ratio of 1.14. This is a normal value and indicates that AI is financially healthy and should not expect problems in meeting its short term obligations.
- AI's Current ratio of 1.14 is on the low side compared to the rest of the industry. AI is outperformed by 80.60% of its industry peers.
- AI has a Quick Ratio of 1.14. This is a bad value and indicates that AI is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.90, AI is doing worse than 65.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.9 |
3. AI.PA Growth Analysis
3.1 Past
- The earnings per share for AI have decreased by -0.78% in the last year.
- The Earnings Per Share has been growing by 8.39% on average over the past years. This is quite good.
- AI shows a decrease in Revenue. In the last year, the revenue decreased by -0.43%.
- Measured over the past years, AI shows a small growth in Revenue. The Revenue has been growing by 5.63% on average per year.
EPS 1Y (TTM)-0.78%
EPS 3Y9.95%
EPS 5Y8.39%
EPS Q2Q%3.49%
Revenue 1Y (TTM)-0.43%
Revenue growth 3Y-3.45%
Revenue growth 5Y5.63%
Sales Q2Q%-3.73%
3.2 Future
- The Earnings Per Share is expected to grow by 11.19% on average over the next years. This is quite good.
- Based on estimates for the next years, AI will show a small growth in Revenue. The Revenue will grow by 4.80% on average per year.
EPS Next Y15.62%
EPS Next 2Y12.9%
EPS Next 3Y11.98%
EPS Next 5Y11.19%
Revenue Next Year3.69%
Revenue Next 2Y4.46%
Revenue Next 3Y4.55%
Revenue Next 5Y4.8%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better 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. AI.PA Valuation Analysis
4.1 Price/Earnings Ratio
- AI is valuated quite expensively with a Price/Earnings ratio of 26.78.
- The rest of the industry has a similar Price/Earnings ratio as AI.
- AI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.70.
- With a Price/Forward Earnings ratio of 23.16, AI is valued on the expensive side.
- AI's Price/Forward Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, AI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.78 | ||
| Fwd PE | 23.16 |
4.2 Price Multiples
- AI's Enterprise Value to EBITDA ratio is in line with the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as AI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.01 | ||
| EV/EBITDA | 13.34 |
4.3 Compensation for Growth
- AI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The excellent profitability rating of AI may justify a higher PE ratio.
PEG (NY)1.71
PEG (5Y)3.19
EPS Next 2Y12.9%
EPS Next 3Y11.98%
5. AI.PA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 2.17%, AI has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.29, AI has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, AI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
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
- 55.57% of the earnings are spent on dividend by AI. This is a bit on the high side, but may be sustainable.
- AI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP55.57%
EPS Next 2Y12.9%
EPS Next 3Y11.98%
AI.PA Fundamentals: All Metrics, Ratios and Statistics
EPA:AI (3/13/2026, 7:00:00 PM)
170.88
+0.06 (+0.04%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)02-20 2026-02-20/amc
Earnings (Next)04-22 2026-04-22
Inst Owners26.3%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap98.99B
Revenue(TTM)26.94B
Net Income(TTM)3.52B
Analysts81.88
Price Target200.36 (17.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
Yearly Dividend2.98
Dividend Growth(5Y)5.86%
DP55.57%
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)0.12%
PT rev (3m)-0.96%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.4%
EPS NY rev (3m)-2.24%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.97%
Revenue NY rev (3m)-1.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.78 | ||
| Fwd PE | 23.16 | ||
| P/S | 3.67 | ||
| P/FCF | 37.01 | ||
| P/OCF | 15.19 | ||
| P/B | 3.78 | ||
| P/tB | 9.14 | ||
| EV/EBITDA | 13.34 |
EPS(TTM)6.38
EY3.73%
EPS(NY)7.38
Fwd EY4.32%
FCF(TTM)4.62
FCFY2.7%
OCF(TTM)11.25
OCFY6.58%
SpS46.51
BVpS45.25
TBVpS18.69
PEG (NY)1.71
PEG (5Y)3.19
Graham Number80.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.78% | ||
| ROE | 13.42% | ||
| ROCE | 12.93% | ||
| ROIC | 9.75% | ||
| ROICexc | 10.74% | ||
| ROICexgc | 17.68% | ||
| OM | 20.72% | ||
| PM (TTM) | 13.06% | ||
| GM | 64.18% | ||
| FCFM | 9.93% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y8.45%
OM growth 5Y2.29%
PM growth 3Y12.32%
PM growth 5Y1.9%
GM growth 3Y6.02%
GM growth 5Y-0.21%
F-Score6
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 5.1 | ||
| Debt/EBITDA | 1.36 | ||
| Cap/Depr | 149.93% | ||
| Cap/Sales | 14.27% | ||
| Interest Coverage | 24.48 | ||
| Cash Conversion | 80.03% | ||
| Profit Quality | 76.04% | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 3.78 |
F-Score6
WACC7.85%
ROIC/WACC1.24
Cap/Depr(3y)142.46%
Cap/Depr(5y)138.87%
Cap/Sales(3y)13.2%
Cap/Sales(5y)12.6%
Profit Quality(3y)84.62%
Profit Quality(5y)89.8%
High Growth Momentum
Growth
EPS 1Y (TTM)-0.78%
EPS 3Y9.95%
EPS 5Y8.39%
EPS Q2Q%3.49%
EPS Next Y15.62%
EPS Next 2Y12.9%
EPS Next 3Y11.98%
EPS Next 5Y11.19%
Revenue 1Y (TTM)-0.43%
Revenue growth 3Y-3.45%
Revenue growth 5Y5.63%
Sales Q2Q%-3.73%
Revenue Next Year3.69%
Revenue Next 2Y4.46%
Revenue Next 3Y4.55%
Revenue Next 5Y4.8%
EBIT growth 1Y3.53%
EBIT growth 3Y4.71%
EBIT growth 5Y8.05%
EBIT Next Year57.89%
EBIT Next 3Y22.27%
EBIT Next 5Y16.6%
FCF growth 1Y-4.37%
FCF growth 3Y1.78%
FCF growth 5Y0.76%
OCF growth 1Y3.1%
OCF growth 3Y3.91%
OCF growth 5Y4.6%
AIR LIQUIDE SA / AI.PA Fundamental Analysis 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 8 / 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 15.62% in the next year.