LINDE PLC (LIN.DE) Fundamental Analysis & Valuation
FRA:LIN • IE000S9YS762
Current stock price
431 EUR
-2.2 (-0.51%)
Last:
This LIN.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. LIN.DE Profitability Analysis
1.1 Basic Checks
- In the past year LIN was profitable.
- In the past year LIN had a positive cash flow from operations.
- Each year in the past 5 years LIN has been profitable.
- In the past 5 years LIN always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 7.95%, LIN belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
- The Return On Equity of LIN (18.04%) is better than 91.67% of its industry peers.
- LIN has a better Return On Invested Capital (9.32%) than 80.56% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for LIN is above the industry average of 7.05%.
- The last Return On Invested Capital (9.32%) for LIN is above the 3 year average (9.32%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.95% | ||
| ROE | 18.04% | ||
| ROIC | 9.32% |
ROA(3y)7.94%
ROA(5y)6.74%
ROE(3y)16.96%
ROE(5y)13.99%
ROIC(3y)9.32%
ROIC(5y)8.25%
1.3 Margins
- Looking at the Profit Margin, with a value of 20.30%, LIN belongs to the top of the industry, outperforming 97.22% of the companies in the same industry.
- In the last couple of years the Profit Margin of LIN has grown nicely.
- With an excellent Operating Margin value of 27.06%, LIN belongs to the best of the industry, outperforming 97.22% of the companies in the same industry.
- In the last couple of years the Operating Margin of LIN has grown nicely.
- Looking at the Gross Margin, with a value of 48.83%, LIN is in the better half of the industry, outperforming 72.22% of the companies in the same industry.
- LIN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.06% | ||
| PM (TTM) | 20.3% | ||
| GM | 48.83% |
OM growth 3Y12.03%
OM growth 5Y13.41%
PM growth 3Y17.76%
PM growth 5Y17.2%
GM growth 3Y5.4%
GM growth 5Y2.32%
2. LIN.DE Health Analysis
2.1 Basic Checks
- LIN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- LIN has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for LIN has been reduced compared to 5 years ago.
- LIN has a worse debt/assets ratio than last year.
2.2 Solvency
- LIN has an Altman-Z score of 3.87. This indicates that LIN is financially healthy and has little risk of bankruptcy at the moment.
- With a decent Altman-Z score value of 3.87, LIN is doing good in the industry, outperforming 79.17% of the companies in the same industry.
- The Debt to FCF ratio of LIN is 5.30, which is a neutral value as it means it would take LIN, 5.30 years of fcf income to pay off all of its debts.
- LIN has a Debt to FCF ratio of 5.30. This is in the better half of the industry: LIN outperforms 63.89% of its industry peers.
- LIN has a Debt/Equity ratio of 0.66. This is a neutral value indicating LIN is somewhat dependend on debt financing.
- LIN's Debt to Equity ratio of 0.66 is on the low side compared to the rest of the industry. LIN is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 5.3 | ||
| Altman-Z | 3.87 |
ROIC/WACC1.07
WACC8.73%
2.3 Liquidity
- LIN has a Current Ratio of 0.88. This is a bad value and indicates that LIN is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.88, LIN is doing worse than 88.89% of the companies in the same industry.
- A Quick Ratio of 0.74 indicates that LIN may have some problems paying its short term obligations.
- LIN has a worse Quick ratio (0.74) than 81.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.74 |
3. LIN.DE Growth Analysis
3.1 Past
- LIN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.13%.
- LIN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.83% yearly.
- Looking at the last year, LIN shows a small growth in Revenue. The Revenue has grown by 2.97% in the last year.
- Measured over the past years, LIN shows a small growth in Revenue. The Revenue has been growing by 4.52% on average per year.
EPS 1Y (TTM)7.13%
EPS 3Y10.21%
EPS 5Y14.83%
EPS Q2Q%9.62%
Revenue 1Y (TTM)2.97%
Revenue growth 3Y0.62%
Revenue growth 5Y4.52%
Sales Q2Q%8.25%
3.2 Future
- Based on estimates for the next years, LIN will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.45% on average per year.
- Based on estimates for the next years, LIN will show a small growth in Revenue. The Revenue will grow by 5.93% on average per year.
EPS Next Y9.52%
EPS Next 2Y9.47%
EPS Next 3Y9.76%
EPS Next 5Y9.45%
Revenue Next Year4.94%
Revenue Next 2Y4.93%
Revenue Next 3Y5.23%
Revenue Next 5Y5.93%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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 accelerating.
4. LIN.DE Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 29.97 indicates a quite expensive valuation of LIN.
- Compared to the rest of the industry, the Price/Earnings ratio of LIN is on the same level as its industry peers.
- LIN's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.51.
- With a Price/Forward Earnings ratio of 25.58, LIN can be considered very expensive at the moment.
- The rest of the industry has a similar Price/Forward Earnings ratio as LIN.
- LIN's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.97 | ||
| Fwd PE | 25.58 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LIN indicates a slightly more expensive valuation: LIN is more expensive than 72.22% of the companies listed in the same industry.
- LIN's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.93 | ||
| EV/EBITDA | 19.38 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LIN does not grow enough to justify the current Price/Earnings ratio.
- The excellent profitability rating of LIN may justify a higher PE ratio.
PEG (NY)3.15
PEG (5Y)2.02
EPS Next 2Y9.47%
EPS Next 3Y9.76%
5. LIN.DE Dividend Analysis
5.1 Amount
- LIN has a Yearly Dividend Yield of 1.28%.
- LIN's Dividend Yield is slightly below the industry average, which is at 3.23.
- LIN's Dividend Yield is slightly below the S&P500 average, which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
5.2 History
- On average, the dividend of LIN grows each year by 9.29%, which is quite nice.
Dividend Growth(5Y)9.29%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 40.75% of the earnings are spent on dividend by LIN. This is a bit on the high side, but may be sustainable.
- The dividend of LIN is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP40.75%
EPS Next 2Y9.47%
EPS Next 3Y9.76%
LIN.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:LIN (4/30/2026, 7:00:00 PM)
431
-2.2 (-0.51%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Industry StrengthN/A
Industry GrowthN/A
Earnings (Last)05-01 2026-05-01/bmo
Earnings (Next)07-30 2026-07-30/bmo
Inst Owners87.12%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap199.72B
Revenue(TTM)33.99B
Net Income(TTM)6.90B
Analysts79.35
Price Target454.42 (5.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
Yearly Dividend5.11
Dividend Growth(5Y)9.29%
DP40.75%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-0.33%
Min EPS beat(2)-0.43%
Max EPS beat(2)-0.22%
EPS beat(4)1
Avg EPS beat(4)-0.15%
Min EPS beat(4)-0.43%
Max EPS beat(4)0.43%
EPS beat(8)5
Avg EPS beat(8)0.19%
EPS beat(12)9
Avg EPS beat(12)1.15%
EPS beat(16)13
Avg EPS beat(16)2.12%
Revenue beat(2)1
Avg Revenue beat(2)-0.26%
Min Revenue beat(2)-0.91%
Max Revenue beat(2)0.39%
Revenue beat(4)2
Avg Revenue beat(4)-0.59%
Min Revenue beat(4)-2.54%
Max Revenue beat(4)0.7%
Revenue beat(8)2
Avg Revenue beat(8)-1.42%
Revenue beat(12)3
Avg Revenue beat(12)-1.95%
Revenue beat(16)6
Avg Revenue beat(16)-1.55%
PT rev (1m)2.97%
PT rev (3m)3.91%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)0.39%
EPS NY rev (1m)0.05%
EPS NY rev (3m)0.02%
Revenue NQ rev (1m)-0.01%
Revenue NQ rev (3m)0.21%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.97 | ||
| Fwd PE | 25.58 | ||
| P/S | 6.88 | ||
| P/FCF | 45.93 | ||
| P/OCF | 22.58 | ||
| P/B | 6.11 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.38 |
EPS(TTM)14.38
EY3.34%
EPS(NY)16.85
Fwd EY3.91%
FCF(TTM)9.38
FCFY2.18%
OCF(TTM)19.09
OCFY4.43%
SpS62.67
BVpS70.53
TBVpS-2.86
PEG (NY)3.15
PEG (5Y)2.02
Graham Number151.062 (-64.95%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.95% | ||
| ROE | 18.04% | ||
| ROCE | 12.84% | ||
| ROIC | 9.32% | ||
| ROICexc | 9.98% | ||
| ROICexgc | 22.68% | ||
| OM | 27.06% | ||
| PM (TTM) | 20.3% | ||
| GM | 48.83% | ||
| FCFM | 14.97% |
ROA(3y)7.94%
ROA(5y)6.74%
ROE(3y)16.96%
ROE(5y)13.99%
ROIC(3y)9.32%
ROIC(5y)8.25%
ROICexc(3y)9.99%
ROICexc(5y)8.83%
ROICexgc(3y)23.7%
ROICexgc(5y)21.63%
ROCE(3y)12.88%
ROCE(5y)11.32%
ROICexgc growth 3Y2.66%
ROICexgc growth 5Y17.24%
ROICexc growth 3Y7.63%
ROICexc growth 5Y19.5%
OM growth 3Y12.03%
OM growth 5Y13.41%
PM growth 3Y17.76%
PM growth 5Y17.2%
GM growth 3Y5.4%
GM growth 5Y2.32%
F-Score5
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 5.3 | ||
| Debt/EBITDA | 1.94 | ||
| Cap/Depr | 139.81% | ||
| Cap/Sales | 15.48% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.87% | ||
| Profit Quality | 73.78% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 3.87 |
F-Score5
WACC8.73%
ROIC/WACC1.07
Cap/Depr(3y)119.34%
Cap/Depr(5y)100.02%
Cap/Sales(3y)13.54%
Cap/Sales(5y)12.03%
Profit Quality(3y)79.27%
Profit Quality(5y)109.72%
High Growth Momentum
Growth
EPS 1Y (TTM)7.13%
EPS 3Y10.21%
EPS 5Y14.83%
EPS Q2Q%9.62%
EPS Next Y9.52%
EPS Next 2Y9.47%
EPS Next 3Y9.76%
EPS Next 5Y9.45%
Revenue 1Y (TTM)2.97%
Revenue growth 3Y0.62%
Revenue growth 5Y4.52%
Sales Q2Q%8.25%
Revenue Next Year4.94%
Revenue Next 2Y4.93%
Revenue Next 3Y5.23%
Revenue Next 5Y5.93%
EBIT growth 1Y4.74%
EBIT growth 3Y12.73%
EBIT growth 5Y18.54%
EBIT Next Year39.77%
EBIT Next 3Y16.88%
EBIT Next 5Y14.29%
FCF growth 1Y3.31%
FCF growth 3Y-3.66%
FCF growth 5Y4.78%
OCF growth 1Y9.84%
OCF growth 3Y5.3%
OCF growth 5Y6.86%
LINDE PLC / LIN.DE Fundamental Analysis FAQ
What is the fundamental rating for LIN stock?
ChartMill assigns a fundamental rating of 5 / 10 to LIN.DE.
What is the valuation status of LINDE PLC (LIN.DE) stock?
ChartMill assigns a valuation rating of 2 / 10 to LINDE PLC (LIN.DE). This can be considered as Overvalued.
Can you provide the profitability details for LINDE PLC?
LINDE PLC (LIN.DE) has a profitability rating of 9 / 10.
What are the PE and PB ratios of LINDE PLC (LIN.DE) stock?
The Price/Earnings (PE) ratio for LINDE PLC (LIN.DE) is 29.97 and the Price/Book (PB) ratio is 6.11.
Can you provide the dividend sustainability for LIN stock?
The dividend rating of LINDE PLC (LIN.DE) is 4 / 10 and the dividend payout ratio is 40.75%.