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LINDE PLC (NASDAQ:LIN) Exhibits Quality Stock Traits. Here's Why.

By Mill Chart

Last update: Feb 14, 2024

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if LINDE PLC (NASDAQ:LIN) is suited for quality investing. Investors should of course do their own research, but we spotted LINDE PLC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Looking into the quality metrics of LINDE PLC

  • LINDE PLC has achieved substantial revenue growth over the past 5 years, with a 17.23% increase. This signifies the company's ability to successfully capture market opportunities and generate sustained revenue growth.
  • With a notable ROIC excluding cash and goodwill at 23.49%, LINDE PLC demonstrates its commitment to generating sustainable returns for shareholders. This metric emphasizes the company's effective use of capital and its ability to deliver long-term value.
  • LINDE PLC demonstrates a well-balanced Debt/Free Cash Flow Ratio of 3.51, indicating effective debt management and strong cash flow generation. This ratio suggests the company has a sustainable financial position and the capacity to allocate capital efficiently.
  • LINDE PLC demonstrates consistent Profit Quality over the past 5 years, with a strong 134.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
  • With a robust 5-year EBIT growth of 29.04%, LINDE PLC showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
  • LINDE PLC has achieved impressive EBIT 5-year growth, surpassing its Revenue 5-year growth. This indicates the company's ability to improve its profitability and operational efficiency, highlighting its strong financial performance.

How does the complete fundamental picture look for NASDAQ:LIN?

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

LIN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 85 industry peers in the Chemicals industry. LIN has an excellent profitability rating, but there are some minor concerns on its financial health. LIN is valied quite expensively at the moment, while it does show a decent growth rate.

Check the latest full fundamental report of LIN for a complete fundamental analysis.

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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LINDE PLC

NASDAQ:LIN (4/29/2024, 7:11:32 PM)

After market: 445.07 0 (0%)

445.07

+1.89 (+0.43%)

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