AIR LIQUIDE SA (AI.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:AI - FR0000120073 - Common Stock
158.6 EUR
+0.14 (+0.09%)
We assign a fundamental rating of 5 out of 10 to AI. AI was compared to 72 industry peers in the Chemicals industry. While AI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. AI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AI was profitable.
AI had a positive operating cash flow in the past year.
Each year in the past 5 years AI has been profitable.
In the past 5 years AI always reported a positive cash flow from operatings.
1.2 Ratios
AI has a better Return On Assets (6.70%) than 76.39% of its industry peers.
With a decent Return On Equity value of 13.49%, AI is doing good in the industry, outperforming 77.78% of the companies in the same industry.
AI has a Return On Invested Capital of 9.87%. This is amongst the best in the industry. AI outperforms 83.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AI is above the industry average of 7.08%.
The 3 year average ROIC (9.47%) for AI is below the current ROIC(9.87%), indicating increased profibility in the last year.
| 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 90.28% of its industry peers.
AI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 19.93%, AI belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
In the last couple of years the Operating Margin of AI has grown nicely.
The Gross Margin of AI (63.01%) is better than 93.06% 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 5Y3.62%
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.
The number of shares outstanding for AI remains at a similar level compared to 1 year ago.
AI has more shares outstanding than it did 5 years ago.
AI has a better debt/assets ratio than last year.
2.2 Solvency
AI has an Altman-Z score of 3.64. This indicates that AI is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.64, AI is doing good in the industry, outperforming 73.61% of the companies in the same industry.
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.
AI's Debt to FCF ratio of 4.60 is fine compared to the rest of the industry. AI outperforms 76.39% of its industry peers.
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 comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 4.6 | ||
| Altman-Z | 3.64 |
ROIC/WACC1.35
WACC7.32%
2.3 Liquidity
A Current Ratio of 0.84 indicates that AI may have some problems paying its short term obligations.
With a Current ratio value of 0.84, AI is not doing good in the industry: 86.11% of the companies in the same industry are doing better.
A Quick Ratio of 0.61 indicates that AI may have some problems paying its short term obligations.
With a Quick ratio value of 0.61, AI is not doing good in the industry: 86.11% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
AI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.10%, which is quite good.
The Earnings Per Share has been growing by 11.55% on average over the past years. This is quite good.
AI shows a decrease in Revenue. In the last year, the revenue decreased by -1.99%.
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
The Earnings Per Share is expected to grow by 10.46% 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 3.92% on average per year.
EPS Next Y4.71%
EPS Next 2Y8.33%
EPS Next 3Y8.77%
EPS Next 5Y10.46%
Revenue Next Year0.5%
Revenue Next 2Y2.35%
Revenue Next 3Y3.29%
Revenue Next 5Y3.92%
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 stable.
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 25.30, the valuation of AI can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as AI.
The average S&P500 Price/Earnings ratio is at 26.54. AI is around the same levels.
With a Price/Forward Earnings ratio of 21.02, AI is valued on the expensive side.
AI's Price/Forward Earnings ratio is in line with the industry average.
AI's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.3 | ||
| Fwd PE | 21.02 |
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.
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 | 33.38 | ||
| EV/EBITDA | 12.67 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of AI may justify a higher PE ratio.
PEG (NY)5.37
PEG (5Y)2.19
EPS Next 2Y8.33%
EPS Next 3Y8.77%
5. Dividend
5.1 Amount
AI has a Yearly Dividend Yield of 2.02%.
Compared to an average industry Dividend Yield of 3.19, AI has a dividend in line with its industry peers.
AI's Dividend Yield is comparable with the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
5.2 History
The dividend of AI has a limited annual growth rate of 5.87%.
Dividend Growth(5Y)5.87%
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.
AI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP59.1%
EPS Next 2Y8.33%
EPS Next 3Y8.77%
EPA:AI (12/12/2025, 7:00:00 PM)
158.6
+0.14 (+0.09%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners28.13%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap91.75B
Revenue(TTM)27.06B
Net Income(TTM)3.31B
Analysts81.94
Price Target202.3 (27.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
Yearly Dividend2.99
Dividend Growth(5Y)5.87%
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)0.41%
PT rev (3m)0.97%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.01%
EPS NY rev (3m)-1.03%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-0.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.3 | ||
| Fwd PE | 21.02 | ||
| P/S | 3.39 | ||
| P/FCF | 33.38 | ||
| P/OCF | 14.22 | ||
| P/B | 3.74 | ||
| P/tB | 10.03 | ||
| EV/EBITDA | 12.67 |
EPS(TTM)6.27
EY3.95%
EPS(NY)7.55
Fwd EY4.76%
FCF(TTM)4.75
FCFY3%
OCF(TTM)11.16
OCFY7.03%
SpS46.77
BVpS42.37
TBVpS15.81
PEG (NY)5.37
PEG (5Y)2.19
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 5Y3.62%
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 | 144.44% | ||
| Cap/Sales | 13.69% | ||
| Interest Coverage | 20.74 | ||
| Cash Conversion | 81.11% | ||
| Profit Quality | 83.15% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 3.64 |
F-Score7
WACC7.32%
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)89.94%
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 Y4.71%
EPS Next 2Y8.33%
EPS Next 3Y8.77%
EPS Next 5Y10.46%
Revenue 1Y (TTM)-1.99%
Revenue growth 3Y5.06%
Revenue growth 5Y4.3%
Sales Q2Q%2.94%
Revenue Next Year0.5%
Revenue Next 2Y2.35%
Revenue Next 3Y3.29%
Revenue Next 5Y3.92%
EBIT growth 1Y6.37%
EBIT growth 3Y9.03%
EBIT growth 5Y7.28%
EBIT Next Year55.08%
EBIT Next 3Y21.79%
EBIT Next 5Y15.96%
FCF growth 1Y-11.79%
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 of AIR LIQUIDE SA (AI.PA) stock?
ChartMill assigns a valuation rating of 3 / 10 to AIR LIQUIDE SA (AI.PA). This can be considered as Overvalued.
What is the profitability of AI stock?
AIR LIQUIDE SA (AI.PA) has a profitability rating of 9 / 10.
How financially healthy is AIR LIQUIDE SA?
The financial health rating of AIR LIQUIDE SA (AI.PA) is 4 / 10.
What is the expected EPS growth for AIR LIQUIDE SA (AI.PA) stock?
The Earnings per Share (EPS) of AIR LIQUIDE SA (AI.PA) is expected to grow by 4.71% in the next year.