AIR LIQUIDE SA (AIL.DE) Stock Fundamental Analysis
FRA:AIL - Deutsche Boerse Ag - FR0000120073 - Common Stock - Currency: EUR
Taking everything into account, AIL scores 5 out of 10 in our fundamental rating. AIL was compared to 68 industry peers in the Chemicals industry. While AIL belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. While showing a medium growth rate, AIL is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year AIL was profitable.
AIL had a positive operating cash flow in the past year.
Each year in the past 5 years AIL has been profitable.
In the past 5 years AIL always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AIL (6.37%) is better than 77.94% of its industry peers.
The Return On Equity of AIL (12.31%) is better than 76.47% of its industry peers.
AIL's Return On Invested Capital of 9.63% is amongst the best of the industry. AIL outperforms 86.76% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AIL is above the industry average of 6.10%.
The 3 year average ROIC (9.47%) for AIL is below the current ROIC(9.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.37% | ||
| ROE | 12.31% | ||
| ROIC | 9.63% |
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
AIL has a better Profit Margin (12.22%) than 88.24% of its industry peers.
AIL's Profit Margin has improved in the last couple of years.
AIL has a better Operating Margin (19.93%) than 92.65% of its industry peers.
AIL's Operating Margin has improved in the last couple of years.
The Gross Margin of AIL (63.01%) is better than 92.65% of its industry peers.
In the last couple of years the Gross Margin of AIL has remained more or less at the same level.
| 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
AIL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
AIL has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for AIL has been increased compared to 5 years ago.
The debt/assets ratio for AIL has been reduced compared to a year ago.
2.2 Solvency
AIL has an Altman-Z score of 3.88. This indicates that AIL is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.88, AIL is in the better half of the industry, outperforming 79.41% of the companies in the same industry.
AIL has a debt to FCF ratio of 4.43. This is a neutral value as AIL would need 4.43 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.43, AIL is in the better half of the industry, outperforming 79.41% of the companies in the same industry.
AIL has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AIL (0.37) is better than 60.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 4.43 | ||
| Altman-Z | 3.88 |
ROIC/WACC1.33
WACC7.23%
2.3 Liquidity
AIL has a Current Ratio of 0.88. This is a bad value and indicates that AIL is not financially healthy enough and could expect problems in meeting its short term obligations.
AIL has a worse Current ratio (0.88) than 88.24% of its industry peers.
A Quick Ratio of 0.65 indicates that AIL may have some problems paying its short term obligations.
AIL has a worse Quick ratio (0.65) than 86.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.88% over the past year.
The Earnings Per Share has been growing by 11.55% on average over the past years. This is quite good.
AIL shows a decrease in Revenue. In the last year, the revenue decreased by -1.99%.
AIL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.30% yearly.
EPS 1Y (TTM)19.88%
EPS 3Y12.6%
EPS 5Y11.55%
EPS Q2Q%33.27%
Revenue 1Y (TTM)-1.99%
Revenue growth 3Y5.06%
Revenue growth 5Y4.3%
Sales Q2Q%0.38%
3.2 Future
AIL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.15% yearly.
Based on estimates for the next years, AIL will show a small growth in Revenue. The Revenue will grow by 4.06% on average per year.
EPS Next Y9.9%
EPS Next 2Y10.48%
EPS Next 3Y10.45%
EPS Next 5Y10.15%
Revenue Next Year3.69%
Revenue Next 2Y3.9%
Revenue Next 3Y4.39%
Revenue Next 5Y4.06%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 27.23, which means the current valuation is very expensive for AIL.
AIL's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.30, AIL is valued at the same level.
Based on the Price/Forward Earnings ratio of 24.78, the valuation of AIL can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as AIL.
When comparing the Price/Forward Earnings ratio of AIL to the average of the S&P500 Index (21.76), we can say AIL is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.23 | ||
| Fwd PE | 24.78 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AIL.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AIL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.21 | ||
| EV/EBITDA | 14.21 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AIL does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of AIL may justify a higher PE ratio.
PEG (NY)2.75
PEG (5Y)2.36
EPS Next 2Y10.48%
EPS Next 3Y10.45%
5. Dividend
5.1 Amount
AIL has a Yearly Dividend Yield of 1.88%. Purely for dividend investing, there may be better candidates out there.
AIL's Dividend Yield is comparable with the industry average which is at 3.08.
AIL's Dividend Yield is slightly below the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
5.2 History
The dividend of AIL has a limited annual growth rate of 5.86%.
Dividend Growth(5Y)5.86%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
AIL pays out 51.97% of its income as dividend. This is a bit on the high side, but may be sustainable.
AIL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP51.97%
EPS Next 2Y10.48%
EPS Next 3Y10.45%
FRA:AIL (7/11/2025, 7:00:00 PM)
175.12
-1.42 (-0.8%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners27.27%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap101.30B
Analysts78.75
Price Target198.82 (13.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
Yearly Dividend2.98
Dividend Growth(5Y)5.86%
DP51.97%
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)0.27%
PT rev (3m)0.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.25%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.23 | ||
| Fwd PE | 24.78 | ||
| P/S | 3.74 | ||
| P/FCF | 36.21 | ||
| P/OCF | 16.02 | ||
| P/B | 3.77 | ||
| P/tB | 9.94 | ||
| EV/EBITDA | 14.21 |
EPS(TTM)6.43
EY3.67%
EPS(NY)7.07
Fwd EY4.04%
FCF(TTM)4.84
FCFY2.76%
OCF(TTM)10.93
OCFY6.24%
SpS46.78
BVpS46.44
TBVpS17.62
PEG (NY)2.75
PEG (5Y)2.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.37% | ||
| ROE | 12.31% | ||
| ROCE | 12.72% | ||
| ROIC | 9.63% | ||
| ROICexc | 10.08% | ||
| ROICexgc | 17.03% | ||
| OM | 19.93% | ||
| PM (TTM) | 12.22% | ||
| GM | 63.01% | ||
| FCFM | 10.34% |
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%
ROICexcg growth 3Y3.94%
ROICexcg 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-Score8
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 4.43 | ||
| Debt/EBITDA | 1.25 | ||
| Cap/Depr | 140.72% | ||
| Cap/Sales | 13.03% | ||
| Interest Coverage | 20.46 | ||
| Cash Conversion | 80.06% | ||
| Profit Quality | 84.6% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 3.88 |
F-Score8
WACC7.23%
ROIC/WACC1.33
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)19.88%
EPS 3Y12.6%
EPS 5Y11.55%
EPS Q2Q%33.27%
EPS Next Y9.9%
EPS Next 2Y10.48%
EPS Next 3Y10.45%
EPS Next 5Y10.15%
Revenue 1Y (TTM)-1.99%
Revenue growth 3Y5.06%
Revenue growth 5Y4.3%
Sales Q2Q%0.38%
Revenue Next Year3.69%
Revenue Next 2Y3.9%
Revenue Next 3Y4.39%
Revenue Next 5Y4.06%
EBIT growth 1Y6.38%
EBIT growth 3Y9.02%
EBIT growth 5Y7.28%
EBIT Next Year58.93%
EBIT Next 3Y22.7%
EBIT Next 5Y15.83%
FCF growth 1Y-2.53%
FCF growth 3Y1.77%
FCF growth 5Y6.15%
OCF growth 1Y0.95%
OCF growth 3Y4.31%
OCF growth 5Y6.05%