AIR LIQUIDE SA (AI.PA) Fundamental Analysis & Valuation
EPA:AI • FR0000120073
Current stock price
180.6 EUR
-1.02 (-0.56%)
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
- AI had positive earnings in the past year.
- In the past year AI had a positive cash flow from operations.
- Each year in the past 5 years AI has been profitable.
- AI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 6.78%, AI belongs to the best of the industry, outperforming 81.94% 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 79.17% of its industry peers.
- AI has a Return On Invested Capital of 9.62%. This is amongst the best in the industry. AI outperforms 81.94% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for AI is above the industry average of 6.88%.
- The 3 year average ROIC (9.55%) for AI is below the current ROIC(9.62%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.78% | ||
| ROE | 13.42% | ||
| ROIC | 9.62% |
ROA(3y)6.51%
ROA(5y)6.12%
ROE(3y)12.79%
ROE(5y)12.4%
ROIC(3y)9.55%
ROIC(5y)9.15%
1.3 Margins
- AI has a better Profit Margin (13.06%) than 91.67% of its industry peers.
- AI's Profit Margin has improved in the last couple of years.
- AI has a better Operating Margin (20.72%) than 93.06% of its industry peers.
- In the last couple of years the Operating Margin of AI has grown nicely.
- AI has a better Gross Margin (64.18%) than 94.44% 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
- 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 more shares outstanding
- AI has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for AI is higher compared to a year ago.
2.2 Solvency
- AI has an Altman-Z score of 3.93. This indicates that AI is financially healthy and has little risk of bankruptcy at the moment.
- AI's Altman-Z score of 3.93 is amongst the best of the industry. AI outperforms 84.72% of its industry peers.
- The Debt to FCF ratio of AI is 5.08, which is a neutral value as it means it would take AI, 5.08 years of fcf income to pay off all of its debts.
- AI has a Debt to FCF ratio of 5.08. This is in the better half of the industry: AI outperforms 68.06% of its industry peers.
- A Debt/Equity ratio of 0.44 indicates that AI is not too dependend on debt financing.
- The Debt to Equity ratio of AI (0.44) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 5.08 | ||
| Altman-Z | 3.93 |
ROIC/WACC1.32
WACC7.3%
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 has a Current ratio of 1.14. This is amonst the worse of the industry: AI underperforms 83.33% of its industry peers.
- A Quick Ratio of 0.90 indicates that AI may have some problems paying its short term obligations.
- With a Quick ratio value of 0.90, AI is not doing good in the industry: 72.22% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.9 |
3. AI.PA Growth Analysis
3.1 Past
- AI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.78%.
- Measured over the past years, AI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.39% on average per year.
- AI shows a decrease in Revenue. In the last year, the revenue decreased by -0.43%.
- AI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.63% yearly.
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 11.48% on average over the next years. This is quite good.
- AI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.94% yearly.
EPS Next Y15.3%
EPS Next 2Y12.73%
EPS Next 3Y11.62%
EPS Next 5Y11.48%
Revenue Next Year4.06%
Revenue Next 2Y4.58%
Revenue Next 3Y4.63%
Revenue Next 5Y4.94%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- With a Price/Earnings ratio of 28.31, AI can be considered very expensive at the moment.
- AI's Price/Earnings ratio is in line with the industry average.
- AI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.54.
- AI is valuated rather expensively with a Price/Forward Earnings ratio of 24.55.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of AI is on the same level as its industry peers.
- AI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.31 | ||
| Fwd PE | 24.55 |
4.2 Price Multiples
- 63.89% of the companies in the same industry are cheaper than AI, based on the Enterprise Value to EBITDA ratio.
- 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 | 39.11 | ||
| EV/EBITDA | 14.03 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- AI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.85
PEG (5Y)3.37
EPS Next 2Y12.73%
EPS Next 3Y11.62%
5. AI.PA Dividend Analysis
5.1 Amount
- AI has a Yearly Dividend Yield of 1.97%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.24, 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 | 1.97% |
5.2 History
- The dividend of AI is nicely growing with an annual growth rate of 6.09%!
Dividend Growth(5Y)6.09%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
- AI pays out 55.57% 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.
DP55.57%
EPS Next 2Y12.73%
EPS Next 3Y11.62%
AI.PA Fundamentals: All Metrics, Ratios and Statistics
EPA:AI (4/29/2026, 7:00:00 PM)
180.6
-1.02 (-0.56%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Industry Strength75
Industry Growth40.67
Earnings (Last)04-22 2026-04-22
Earnings (Next)07-27 2026-07-27
Inst Owners26.27%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap104.62B
Revenue(TTM)26.94B
Net Income(TTM)3.52B
Analysts83.13
Price Target202.73 (12.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.97% |
Yearly Dividend3.39
Dividend Growth(5Y)6.09%
DP55.57%
Div Incr Years7
Div Non Decr Years7
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)1.18%
PT rev (3m)0.67%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.28%
EPS NY rev (3m)-0.68%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)-0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.31 | ||
| Fwd PE | 24.55 | ||
| P/S | 3.88 | ||
| P/FCF | 39.11 | ||
| P/OCF | 16.05 | ||
| P/B | 3.99 | ||
| P/tB | 9.66 | ||
| EV/EBITDA | 14.03 |
EPS(TTM)6.38
EY3.53%
EPS(NY)7.36
Fwd EY4.07%
FCF(TTM)4.62
FCFY2.56%
OCF(TTM)11.25
OCFY6.23%
SpS46.51
BVpS45.25
TBVpS18.69
PEG (NY)1.85
PEG (5Y)3.37
Graham Number80.5971 (-55.37%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.78% | ||
| ROE | 13.42% | ||
| ROCE | 12.93% | ||
| ROIC | 9.62% | ||
| ROICexc | 10.57% | ||
| ROICexgc | 17.26% | ||
| OM | 20.72% | ||
| PM (TTM) | 13.06% | ||
| GM | 64.18% | ||
| FCFM | 9.93% |
ROA(3y)6.51%
ROA(5y)6.12%
ROE(3y)12.79%
ROE(5y)12.4%
ROIC(3y)9.55%
ROIC(5y)9.15%
ROICexc(3y)10.16%
ROICexc(5y)9.7%
ROICexgc(3y)17.01%
ROICexgc(5y)16.46%
ROCE(3y)12.82%
ROCE(5y)12.26%
ROICexgc growth 3Y1.94%
ROICexgc growth 5Y2.46%
ROICexc growth 3Y3.94%
ROICexc growth 5Y4.21%
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 | 0.44 | ||
| Debt/FCF | 5.08 | ||
| Debt/EBITDA | 1.42 | ||
| 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 | 3.93 |
F-Score6
WACC7.3%
ROIC/WACC1.32
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 Y15.3%
EPS Next 2Y12.73%
EPS Next 3Y11.62%
EPS Next 5Y11.48%
Revenue 1Y (TTM)-0.43%
Revenue growth 3Y-3.45%
Revenue growth 5Y5.63%
Sales Q2Q%-3.73%
Revenue Next Year4.06%
Revenue Next 2Y4.58%
Revenue Next 3Y4.63%
Revenue Next 5Y4.94%
EBIT growth 1Y3.53%
EBIT growth 3Y4.71%
EBIT growth 5Y8.05%
EBIT Next Year57.44%
EBIT Next 3Y22.11%
EBIT Next 5Y16.89%
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.
Can you provide the valuation status for AIR LIQUIDE SA?
ChartMill assigns a valuation rating of 2 / 10 to AIR LIQUIDE SA (AI.PA). This can be considered as Overvalued.
How profitable is AIR LIQUIDE SA (AI.PA) stock?
AIR LIQUIDE SA (AI.PA) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for AI stock?
The Price/Earnings (PE) ratio for AIR LIQUIDE SA (AI.PA) is 28.31 and the Price/Book (PB) ratio is 3.99.
Can you provide the expected EPS growth for AI stock?
The Earnings per Share (EPS) of AIR LIQUIDE SA (AI.PA) is expected to grow by 15.3% in the next year.