AIR LIQUIDE SA (AI.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:AI - FR0000120073 - Common Stock
164.39 EUR
-0.03 (-0.02%)
We assign a fundamental rating of 6 out of 10 to AI. AI was compared to 74 industry peers in the Chemicals industry. While AI has a great profitability rating, there are some minor concerns on its financial health. AI has a correct valuation and a medium 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.
Each year in the past 5 years AI has been profitable.
In the past 5 years AI always reported a positive cash flow from operatings.
1.2 Ratios
AI's Return On Assets of 6.70% is fine compared to the rest of the industry. AI outperforms 79.73% of its industry peers.
Looking at the Return On Equity, with a value of 13.49%, AI belongs to the top of the industry, outperforming 81.08% 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 87.84% 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 6.48%.
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 has a Profit Margin of 12.22%. This is amongst the best in the industry. AI outperforms 90.54% of its industry peers.
AI's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 19.93%, AI belongs to the best of the industry, outperforming 93.24% of the companies in the same industry.
AI's Operating Margin has improved in the last couple of years.
AI's Gross Margin of 63.01% is amongst the best of the industry. AI outperforms 93.24% of its industry peers.
In the last couple of years the Gross Margin of AI 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 5Y3.62%
GM growth 3Y1.78%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
AI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for AI remains at a similar level compared to 1 year ago.
Compared to 5 years ago, AI has more shares outstanding
AI has a better debt/assets ratio than last year.
2.2 Solvency
AI has an Altman-Z score of 3.72. This indicates that AI is financially healthy and has little risk of bankruptcy at the moment.
AI's Altman-Z score of 3.72 is fine compared to the rest of the industry. AI outperforms 78.38% of its industry peers.
AI has a debt to FCF ratio of 4.60. This is a neutral value as AI would need 4.60 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 4.60, AI belongs to the best of the industry, outperforming 81.08% of the companies in the same industry.
A Debt/Equity ratio of 0.47 indicates that AI is not too dependend on debt financing.
AI has a Debt to Equity ratio of 0.47. This is comparable to the rest of the industry: AI outperforms 47.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 4.6 | ||
| Altman-Z | 3.72 |
ROIC/WACC1.34
WACC7.35%
2.3 Liquidity
AI has a Current 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.
AI has a worse Current ratio (0.84) than 85.14% of its industry peers.
A Quick Ratio of 0.61 indicates that AI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.61, AI is doing worse than 83.78% of the companies in the same industry.
AI does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| 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.
Measured over the past years, AI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.55% on average per year.
AI shows a decrease in Revenue. In the last year, the revenue decreased by -1.99%.
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
The Earnings Per Share is expected to grow by 10.58% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.87% on average over the next years.
EPS Next Y4.7%
EPS Next 2Y8.33%
EPS Next 3Y8.81%
EPS Next 5Y10.58%
Revenue Next Year0.49%
Revenue Next 2Y2.38%
Revenue Next 3Y3.34%
Revenue Next 5Y3.87%
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.
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
With a Price/Earnings ratio of 26.22, AI can be considered very expensive at the moment.
AI's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of AI to the average of the S&P500 Index (25.98), we can say AI is valued inline with the index average.
A Price/Forward Earnings ratio of 21.78 indicates a rather expensive valuation of AI.
AI's Price/Forward Earnings ratio is in line with the industry average.
AI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 35.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.22 | ||
| Fwd PE | 21.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AI is on the same level as its industry peers.
AI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AI is cheaper than 63.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.6 | ||
| EV/EBITDA | 13.1 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AI does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of AI may justify a higher PE ratio.
PEG (NY)5.58
PEG (5Y)2.27
EPS Next 2Y8.33%
EPS Next 3Y8.81%
5. Dividend
5.1 Amount
AI has a Yearly Dividend Yield of 1.99%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.18, AI has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, AI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
5.2 History
The dividend of AI has a limited annual growth rate of 5.87%.
Dividend Growth(5Y)5.87%
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.
AI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP59.1%
EPS Next 2Y8.33%
EPS Next 3Y8.81%
EPA:AI (11/26/2025, 3:14:05 PM)
164.39
-0.03 (-0.02%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners28.16%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap95.10B
Revenue(TTM)27.06B
Net Income(TTM)3.31B
Analysts81.94
Price Target201.28 (22.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
Yearly Dividend2.99
Dividend Growth(5Y)5.87%
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)-0.46%
PT rev (3m)1.07%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.45%
EPS NY rev (3m)-1.04%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)-0.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.22 | ||
| Fwd PE | 21.78 | ||
| P/S | 3.51 | ||
| P/FCF | 34.6 | ||
| P/OCF | 14.74 | ||
| P/B | 3.88 | ||
| P/tB | 10.4 | ||
| EV/EBITDA | 13.1 |
EPS(TTM)6.27
EY3.81%
EPS(NY)7.55
Fwd EY4.59%
FCF(TTM)4.75
FCFY2.89%
OCF(TTM)11.16
OCFY6.79%
SpS46.77
BVpS42.37
TBVpS15.81
PEG (NY)5.58
PEG (5Y)2.27
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 5Y3.62%
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 | 144.44% | ||
| Cap/Sales | 13.69% | ||
| Interest Coverage | 20.74 | ||
| Cash Conversion | 81.11% | ||
| Profit Quality | 83.15% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 3.72 |
F-Score7
WACC7.35%
ROIC/WACC1.34
Cap/Depr(3y)136.72%
Cap/Depr(5y)133.49%
Cap/Sales(3y)12.08%
Cap/Sales(5y)12.32%
Profit Quality(3y)89.94%
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 Y4.7%
EPS Next 2Y8.33%
EPS Next 3Y8.81%
EPS Next 5Y10.58%
Revenue 1Y (TTM)-1.99%
Revenue growth 3Y5.06%
Revenue growth 5Y4.3%
Sales Q2Q%2.94%
Revenue Next Year0.49%
Revenue Next 2Y2.38%
Revenue Next 3Y3.34%
Revenue Next 5Y3.87%
EBIT growth 1Y6.37%
EBIT growth 3Y9.03%
EBIT growth 5Y7.28%
EBIT Next Year55.91%
EBIT Next 3Y21.96%
EBIT Next 5Y15.93%
FCF growth 1Y-11.79%
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 6 / 10 to AI.PA.
What is the valuation status of AIR LIQUIDE SA (AI.PA) stock?
ChartMill assigns a valuation rating of 4 / 10 to AIR LIQUIDE SA (AI.PA). This can be considered as Fairly Valued.
What is the profitability of AI stock?
AIR LIQUIDE SA (AI.PA) has a profitability rating of 9 / 10.
How financially healthy is AIR LIQUIDE SA?
The financial health rating of AIR LIQUIDE SA (AI.PA) is 6 / 10.
What is the expected EPS growth for AIR LIQUIDE SA (AI.PA) stock?
The Earnings per Share (EPS) of AIR LIQUIDE SA (AI.PA) is expected to grow by 4.7% in the next year.