LINDE PLC (LIN.DE) Fundamental Analysis & Valuation
FRA:LIN • IE000S9YS762
Current stock price
420.4 EUR
-1 (-0.24%)
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.
- LIN had a positive operating cash flow in the past year.
- In the past 5 years LIN has always been profitable.
- Each year in the past 5 years LIN had a positive operating cash flow.
1.2 Ratios
- LIN's Return On Assets of 7.95% is amongst the best of the industry. LIN outperforms 85.51% of its industry peers.
- With an excellent Return On Equity value of 18.04%, LIN belongs to the best of the industry, outperforming 89.86% of the companies in the same industry.
- The Return On Invested Capital of LIN (9.32%) is better than 76.81% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for LIN is above the industry average of 7.13%.
- The 3 year average ROIC (9.32%) for LIN is below the current ROIC(9.32%), indicating increased profibility in the last year.
| 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
- LIN has a Profit Margin of 20.30%. This is amongst the best in the industry. LIN outperforms 95.65% of its industry peers.
- In the last couple of years the Profit Margin of LIN has grown nicely.
- The Operating Margin of LIN (27.06%) is better than 97.10% of its industry peers.
- In the last couple of years the Operating Margin of LIN has grown nicely.
- With a decent Gross Margin value of 48.83%, LIN is doing good in the industry, outperforming 72.46% 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LIN is still creating some value.
- LIN has less shares outstanding than it did 1 year ago.
- LIN has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for LIN is higher compared to a year ago.
2.2 Solvency
- LIN has an Altman-Z score of 3.82. This indicates that LIN is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of LIN (3.82) is better than 81.16% of its industry peers.
- 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.
- The Debt to FCF ratio of LIN (5.30) is better than 62.32% of its industry peers.
- A Debt/Equity ratio of 0.66 indicates that 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 63.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 5.3 | ||
| Altman-Z | 3.82 |
ROIC/WACC1.07
WACC8.72%
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.
- LIN's Current ratio of 0.88 is on the low side compared to the rest of the industry. LIN is outperformed by 88.41% of its industry peers.
- A Quick Ratio of 0.74 indicates that LIN may have some problems paying its short term obligations.
- LIN has a Quick ratio of 0.74. This is amonst the worse of the industry: LIN underperforms 82.61% 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 6.06%.
- The Earnings Per Share has been growing by 14.83% on average over the past years. This is quite good.
- LIN shows a small growth in Revenue. In the last year, the Revenue has grown by 2.97%.
- LIN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.52% yearly.
EPS 1Y (TTM)6.06%
EPS 3Y10.21%
EPS 5Y14.83%
EPS Q2Q%5.79%
Revenue 1Y (TTM)2.97%
Revenue growth 3Y0.62%
Revenue growth 5Y4.52%
Sales Q2Q%5.82%
3.2 Future
- LIN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.22% yearly.
- The Revenue is expected to grow by 5.78% on average over the next years.
EPS Next Y9.37%
EPS Next 2Y9.3%
EPS Next 3Y9.56%
EPS Next 5Y9.22%
Revenue Next Year4.84%
Revenue Next 2Y4.88%
Revenue Next 3Y5.18%
Revenue Next 5Y5.78%
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
- Based on the Price/Earnings ratio of 30.11, the valuation of LIN can be described as expensive.
- The rest of the industry has a similar Price/Earnings ratio as LIN.
- The average S&P500 Price/Earnings ratio is at 27.53. LIN is around the same levels.
- With a Price/Forward Earnings ratio of 27.53, LIN can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of LIN indicates a slightly more expensive valuation: LIN is more expensive than 62.32% of the companies listed in the same industry.
- LIN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 37.95, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.11 | ||
| Fwd PE | 27.53 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, LIN is valued a bit more expensive than 68.12% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of LIN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.09 | ||
| EV/EBITDA | 19.05 |
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.
- LIN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.21
PEG (5Y)2.03
EPS Next 2Y9.3%
EPS Next 3Y9.56%
5. LIN.DE Dividend Analysis
5.1 Amount
- LIN has a Yearly Dividend Yield of 1.27%. Purely for dividend investing, there may be better candidates out there.
- LIN's Dividend Yield is comparable with the industry average which is at 2.31.
- LIN's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
5.2 History
- The dividend of LIN is nicely growing with an annual growth rate of 9.29%!
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.
- LIN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP40.75%
EPS Next 2Y9.3%
EPS Next 3Y9.56%
LIN.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:LIN (4/15/2026, 7:00:00 PM)
420.4
-1 (-0.24%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)02-05 2026-02-05/bmo
Earnings (Next)05-01 2026-05-01/bmo
Inst Owners87.12%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap194.81B
Revenue(TTM)33.99B
Net Income(TTM)6.90B
Analysts79.35
Price Target446.29 (6.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
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)1.13%
PT rev (3m)2.54%
EPS NQ rev (1m)-0.2%
EPS NQ rev (3m)0.3%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)-0.05%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)0.58%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.11 | ||
| Fwd PE | 27.53 | ||
| P/S | 6.75 | ||
| P/FCF | 45.09 | ||
| P/OCF | 22.17 | ||
| P/B | 6 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.05 |
EPS(TTM)13.96
EY3.32%
EPS(NY)15.27
Fwd EY3.63%
FCF(TTM)9.32
FCFY2.22%
OCF(TTM)18.96
OCFY4.51%
SpS62.26
BVpS70.06
TBVpS-2.84
PEG (NY)3.21
PEG (5Y)2.03
Graham Number148.346 (-64.71%)
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 | 3.82 |
F-Score5
WACC8.72%
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)6.06%
EPS 3Y10.21%
EPS 5Y14.83%
EPS Q2Q%5.79%
EPS Next Y9.37%
EPS Next 2Y9.3%
EPS Next 3Y9.56%
EPS Next 5Y9.22%
Revenue 1Y (TTM)2.97%
Revenue growth 3Y0.62%
Revenue growth 5Y4.52%
Sales Q2Q%5.82%
Revenue Next Year4.84%
Revenue Next 2Y4.88%
Revenue Next 3Y5.18%
Revenue Next 5Y5.78%
EBIT growth 1Y4.74%
EBIT growth 3Y12.73%
EBIT growth 5Y18.54%
EBIT Next Year41.06%
EBIT Next 3Y17.23%
EBIT Next 5Y13.39%
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 30.11 and the Price/Book (PB) ratio is 6.
Can you provide the dividend sustainability for LIN stock?
The dividend rating of LINDE PLC (LIN.DE) is 3 / 10 and the dividend payout ratio is 40.75%.