AIR LIQUIDE SA (AI.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:AI - FR0000120073 - Common Stock
160.42 EUR
-1.14 (-0.71%)
We assign a fundamental rating of 5 out of 10 to AI. AI was compared to 69 industry peers in the Chemicals industry. AI has an excellent profitability rating, but there are some minor concerns on its financial health. AI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- AI had positive earnings in the past year.
- AI had a positive operating cash flow in the past year.
- 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
- The Return On Assets of AI (6.70%) is better than 75.36% of its industry peers.
- AI has a better Return On Equity (13.49%) than 76.81% of its industry peers.
- With an excellent Return On Invested Capital value of 9.87%, AI belongs to the best of the industry, outperforming 82.61% of the companies in the same industry.
- AI had an Average Return On Invested Capital over the past 3 years of 9.47%. This 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.
- AI's Profit Margin has improved in the last couple of years.
- 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.
- AI has a better Gross Margin (63.01%) than 91.30% of its industry peers.
- AI's Gross Margin has been stable in the last couple of years.
| 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
- AI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, AI has about the same amount of shares outstanding.
- Compared to 5 years ago, AI has more shares outstanding
- Compared to 1 year ago, AI has an improved debt to assets ratio.
2.2 Solvency
- AI has an Altman-Z score of 3.68. This indicates that AI is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of AI (3.68) is better than 76.81% of its industry peers.
- The Debt to FCF ratio of AI is 4.60, which is a neutral value as it means it would take AI, 4.60 years of fcf income to pay off all of its debts.
- AI's Debt to FCF ratio of 4.60 is fine compared to the rest of the industry. AI outperforms 78.26% of its industry peers.
- A Debt/Equity ratio of 0.47 indicates that AI is not too dependend on debt financing.
- AI's Debt to Equity ratio of 0.47 is in line compared to the rest of the industry. AI outperforms 49.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 4.6 | ||
| Altman-Z | 3.68 |
ROIC/WACC1.34
WACC7.34%
2.3 Liquidity
- A Current Ratio of 0.84 indicates that AI may have some problems paying its short term obligations.
- AI has a Current ratio of 0.84. This is amonst the worse of the industry: AI underperforms 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.
- The Quick ratio of AI (0.61) is worse 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.
- AI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.55% yearly.
- Looking at the last year, AI shows a decrease in Revenue. The Revenue has decreased by -1.99% in the last year.
- AI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.30% yearly.
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.
- AI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.85% yearly.
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 25.59, the valuation of AI can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of AI is on the same level as its industry peers.
- Compared to an average S&P500 Price/Earnings ratio of 27.33, AI is valued at the same level.
- A Price/Forward Earnings ratio of 21.27 indicates a rather expensive valuation of AI.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of AI is on the same level as its industry peers.
- AI's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.12.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.59 | ||
| Fwd PE | 21.27 |
4.2 Price Multiples
- AI's Enterprise Value to EBITDA is on the same level as the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of AI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.76 | ||
| 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)5.53
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%.
- AI's Dividend Yield is comparable with the industry average which is at 2.45.
- Compared to an average S&P500 Dividend Yield of 1.91, AI has a dividend comparable with the average S&P500 company.
| 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
- 59.10% of the earnings are spent on dividend by AI. 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, 9:24:38 AM)
160.42
-1.14 (-0.71%)
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 Cap92.81B
Revenue(TTM)27.06B
Net Income(TTM)3.31B
Analysts81.29
Price Target202.4 (26.17%)
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 | 25.59 | ||
| Fwd PE | 21.27 | ||
| P/S | 3.43 | ||
| P/FCF | 33.76 | ||
| P/OCF | 14.38 | ||
| P/B | 3.79 | ||
| P/tB | 10.15 | ||
| EV/EBITDA | 12.89 |
EPS(TTM)6.27
EY3.91%
EPS(NY)7.54
Fwd EY4.7%
FCF(TTM)4.75
FCFY2.96%
OCF(TTM)11.16
OCFY6.95%
SpS46.77
BVpS42.37
TBVpS15.81
PEG (NY)5.53
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
WACC7.34%
ROIC/WACC1.34
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.