AIR LIQUIDE SA (AI.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:AI - FR0000120073 - Common Stock
159.22 EUR
-1.52 (-0.95%)
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 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
- In the past year AI was profitable.
- In the past year AI had a positive cash flow from operations.
- In the past 5 years AI has always been profitable.
- In the past 5 years AI always reported a positive cash flow from operatings.
1.2 Ratios
- AI has a Return On Assets of 6.70%. This is in the better half of the industry: AI outperforms 75.36% of its industry peers.
- Looking at the Return On Equity, with a value of 13.49%, AI is in the better half of the industry, outperforming 76.81% of the companies in the same industry.
- 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.
- Measured over the past 3 years, the Average Return On Invested Capital 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.
- AI has a better Operating Margin (19.93%) than 92.75% of its industry peers.
- In the last couple of years the Operating Margin of AI has grown nicely.
- 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.
- 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AI is creating some value.
- The number of shares outstanding for AI remains at a similar level compared to 1 year ago.
- The number of shares outstanding for AI has been increased compared to 5 years ago.
- Compared to 1 year ago, AI has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.67 indicates that AI is not in any danger for bankruptcy at the moment.
- AI has a better Altman-Z score (3.67) 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.
- 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 | 3.67 |
ROIC/WACC1.35
WACC7.33%
2.3 Liquidity
- A Current Ratio of 0.84 indicates that AI may have some problems paying its short term obligations.
- AI has a worse Current ratio (0.84) than 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.
- Looking at the Quick ratio, with a value of 0.61, AI is doing worse than 85.51% of the companies in the same industry.
| 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.
- The Revenue has decreased by -1.99% in the past 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.
- 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
- 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
- A Price/Earnings ratio of 25.39 indicates a quite expensive valuation of AI.
- The rest of the industry has a similar Price/Earnings ratio as AI.
- The average S&P500 Price/Earnings ratio is at 27.47. AI is around the same levels.
- A Price/Forward Earnings ratio of 21.11 indicates a rather expensive valuation of AI.
- AI's Price/Forward Earnings ratio is in line with the industry average.
- When comparing the Price/Forward Earnings ratio of AI to the average of the S&P500 Index (24.26), we can say AI is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.39 | ||
| Fwd PE | 21.11 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as AI.
- 60.87% of the companies in the same industry are more expensive than AI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.51 | ||
| EV/EBITDA | 12.83 |
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)5.49
PEG (5Y)2.2
EPS Next 2Y8.3%
EPS Next 3Y8.77%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.12%, AI has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.45, AI has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.89, 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
- 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 (1/16/2026, 7:00:00 PM)
159.22
-1.52 (-0.95%)
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 Cap92.11B
Revenue(TTM)27.06B
Net Income(TTM)3.31B
Analysts81.29
Price Target202.4 (27.12%)
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 | 25.39 | ||
| Fwd PE | 21.11 | ||
| P/S | 3.4 | ||
| P/FCF | 33.51 | ||
| P/OCF | 14.27 | ||
| P/B | 3.76 | ||
| P/tB | 10.07 | ||
| EV/EBITDA | 12.83 |
EPS(TTM)6.27
EY3.94%
EPS(NY)7.54
Fwd EY4.74%
FCF(TTM)4.75
FCFY2.98%
OCF(TTM)11.16
OCFY7.01%
SpS46.77
BVpS42.37
TBVpS15.81
PEG (NY)5.49
PEG (5Y)2.2
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 | 3.67 |
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.