AIR LIQUIDE SA (AI.PA) Stock Fundamental Analysis
Europe - EPA:AI - FR0000120073 - Common Stock
174.6 EUR
-1.08 (-0.61%)
Overall AI gets a fundamental rating of 6 out of 10. We evaluated AI against 69 industry peers in the Chemicals industry. AI scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, AI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
AI had positive earnings in the past year.
AI had a positive operating cash flow in the past year.
AI had positive earnings in each of the past 5 years.
Each year in the past 5 years AI had a positive operating cash flow.
1.2 Ratios
AI's Return On Assets of 6.70% is fine compared to the rest of the industry. AI outperforms 79.71% of its industry peers.
With a decent Return On Equity value of 13.49%, AI is doing good in the industry, outperforming 78.26% 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 85.51% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AI is above the industry average of 6.84%.
The 3 year average ROIC (9.47%) for AI is below the current ROIC(9.87%), indicating increased profibility in the last year.
| 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's Profit Margin of 12.22% is amongst the best of the industry. AI outperforms 92.75% of its industry peers.
In the last couple of years the Profit Margin of AI has grown nicely.
The Operating Margin of AI (19.93%) is better than 95.65% of its industry peers.
In the last couple of years the Operating Margin of AI has grown nicely.
AI has a better Gross Margin (63.01%) than 94.20% of its industry peers.
AI's Gross Margin has been stable in the last couple of years.
| 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
AI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, AI has about the same amount of shares outstanding.
Compared to 5 years ago, AI has more shares outstanding
AI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.88 indicates that AI is not in any danger for bankruptcy at the moment.
AI has a Altman-Z score of 3.88. This is amongst the best in the industry. AI outperforms 82.61% of its industry peers.
The Debt to FCF ratio of AI is 4.60, which is a neutral value as it means it would take AI, 4.60 years of fcf income to pay off all of its debts.
AI has a better Debt to FCF ratio (4.60) than 81.16% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that AI is not too dependend on debt financing.
AI's Debt to Equity ratio of 0.47 is in line compared to the rest of the industry. AI outperforms 49.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 4.6 | ||
| Altman-Z | 3.88 |
ROIC/WACC1.34
WACC7.37%
2.3 Liquidity
A Current Ratio of 0.84 indicates that AI may have some problems paying its short term obligations.
AI has a Current ratio of 0.84. This is amonst the worse of the industry: AI underperforms 88.41% 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 85.51% 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
The Earnings Per Share has grown by an nice 11.10% over the past year.
AI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.55% yearly.
Looking at the last year, AI shows a decrease in Revenue. The Revenue has decreased by -1.99% in the last year.
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
Based on estimates for the next years, AI will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.10% on average per year.
The Revenue is expected to grow by 4.07% on average over the next years.
EPS Next Y5.81%
EPS Next 2Y9.11%
EPS Next 3Y9.27%
EPS Next 5Y10.1%
Revenue Next Year0.89%
Revenue Next 2Y3%
Revenue Next 3Y3.73%
Revenue Next 5Y4.07%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
The Price/Earnings ratio is 27.85, which means the current valuation is very expensive for AI.
The rest of the industry has a similar Price/Earnings ratio as AI.
AI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 22.81 indicates a rather expensive valuation of AI.
AI's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.87, AI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.85 | ||
| Fwd PE | 22.81 |
4.2 Price Multiples
60.87% of the companies in the same industry are cheaper than AI, based on the Enterprise Value to EBITDA ratio.
AI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.74 | ||
| EV/EBITDA | 13.92 |
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.
AI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.8
PEG (5Y)2.41
EPS Next 2Y9.11%
EPS Next 3Y9.27%
5. Dividend
5.1 Amount
AI has a Yearly Dividend Yield of 1.89%.
Compared to an average industry Dividend Yield of 3.11, AI has a dividend in line with its industry peers.
AI's Dividend Yield is slightly below the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
5.2 History
The dividend of AI has a limited annual growth rate of 5.86%.
Dividend Growth(5Y)5.86%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
59.10% of the earnings are spent on dividend by AI. This is a bit on the high side, but may be sustainable.
The dividend of AI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP59.1%
EPS Next 2Y9.11%
EPS Next 3Y9.27%
EPA:AI (9/22/2025, 7:00:00 PM)
174.6
-1.08 (-0.61%)
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 Cap101.01B
Analysts80
Price Target201.69 (15.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
Yearly Dividend2.98
Dividend Growth(5Y)5.86%
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)1.4%
PT rev (3m)1.4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-3.72%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.57%
Revenue NY rev (3m)-2.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.85 | ||
| Fwd PE | 22.81 | ||
| P/S | 3.73 | ||
| P/FCF | 36.74 | ||
| P/OCF | 15.65 | ||
| P/B | 4.12 | ||
| P/tB | 11.04 | ||
| EV/EBITDA | 13.92 |
EPS(TTM)6.27
EY3.59%
EPS(NY)7.66
Fwd EY4.38%
FCF(TTM)4.75
FCFY2.72%
OCF(TTM)11.16
OCFY6.39%
SpS46.77
BVpS42.38
TBVpS15.81
PEG (NY)4.8
PEG (5Y)2.41
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%
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-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 | 81.12% | ||
| Profit Quality | 83.16% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 3.88 |
F-Score7
WACC7.37%
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)89.93%
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 Y5.81%
EPS Next 2Y9.11%
EPS Next 3Y9.27%
EPS Next 5Y10.1%
Revenue 1Y (TTM)-1.99%
Revenue growth 3Y5.06%
Revenue growth 5Y4.3%
Sales Q2Q%2.94%
Revenue Next Year0.89%
Revenue Next 2Y3%
Revenue Next 3Y3.73%
Revenue Next 5Y4.07%
EBIT growth 1Y6.38%
EBIT growth 3Y9.02%
EBIT growth 5Y7.28%
EBIT Next Year58.93%
EBIT Next 3Y22.7%
EBIT Next 5Y16.17%
FCF growth 1Y-11.78%
FCF growth 3Y1.77%
FCF growth 5Y6.15%
OCF growth 1Y-1.15%
OCF growth 3Y4.31%
OCF growth 5Y6.05%