AIR LIQUIDE SA (AI.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:AI - FR0000120073 - Common Stock
158.6 EUR
+0.08 (+0.05%)
Overall AI gets a fundamental rating of 5 out of 10. We evaluated AI against 72 industry peers in the Chemicals industry. AI scores excellent on profitability, but there are some minor concerns on its financial health. AI is quite expensive at the moment. It does show a decent 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.
AI had positive earnings in each of the past 5 years.
In the past 5 years AI always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.70%, AI is in the better half of the industry, outperforming 76.39% of the companies in the same industry.
Looking at the Return On Equity, with a value of 13.49%, AI is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
AI's Return On Invested Capital of 9.87% is amongst the best of the industry. AI outperforms 83.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AI is above the industry average of 7.08%.
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
The Profit Margin of AI (12.22%) is better than 90.28% of its industry peers.
In the last couple of years the Profit Margin of AI has grown nicely.
Looking at the Operating Margin, with a value of 19.93%, AI belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
In the last couple of years the Operating Margin of AI has grown nicely.
Looking at the Gross Margin, with a value of 63.01%, AI belongs to the top of the industry, outperforming 93.06% of the companies in the same industry.
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
The debt/assets ratio for AI has been reduced compared to a year ago.
2.2 Solvency
AI has an Altman-Z score of 3.64. This indicates that AI is financially healthy and has little risk of bankruptcy at the moment.
AI's Altman-Z score of 3.64 is fine compared to the rest of the industry. AI outperforms 73.61% 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 a decent Debt to FCF ratio value of 4.60, AI is doing good in the industry, outperforming 76.39% 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 (0.47) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 4.6 | ||
| Altman-Z | 3.64 |
ROIC/WACC1.35
WACC7.32%
2.3 Liquidity
A Current Ratio of 0.84 indicates that AI may have some problems paying its short term obligations.
AI has a worse Current ratio (0.84) than 86.11% of its industry peers.
AI has a Quick 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 Quick ratio (0.61) than 86.11% of its industry peers.
| 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.
The Earnings Per Share has been growing by 11.55% on average over the past years. This is quite good.
Looking at the last year, AI shows a decrease in Revenue. The Revenue has decreased by -1.99% in the last year.
Measured over the past years, AI shows a small growth in Revenue. The Revenue has been growing by 4.30% on average per year.
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 10.46% on average per year.
AI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.92% yearly.
EPS Next Y4.71%
EPS Next 2Y8.33%
EPS Next 3Y8.77%
EPS Next 5Y10.46%
Revenue Next Year0.5%
Revenue Next 2Y2.35%
Revenue Next 3Y3.29%
Revenue Next 5Y3.92%
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
Based on the Price/Earnings ratio of 25.30, the valuation of AI can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as AI.
The average S&P500 Price/Earnings ratio is at 26.29. AI is around the same levels.
With a Price/Forward Earnings ratio of 21.02, AI is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AI is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of AI to the average of the S&P500 Index (23.51), we can say AI is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.3 | ||
| Fwd PE | 21.02 |
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.
The rest of the industry has a similar Price/Free Cash Flow ratio as AI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.38 | ||
| EV/EBITDA | 12.67 |
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)5.37
PEG (5Y)2.19
EPS Next 2Y8.33%
EPS Next 3Y8.77%
5. Dividend
5.1 Amount
AI has a Yearly Dividend Yield of 2.02%. Purely for dividend investing, there may be better candidates out there.
AI's Dividend Yield is comparable with the industry average which is at 3.19.
Compared to an average S&P500 Dividend Yield of 2.31, AI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
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.
The dividend of AI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP59.1%
EPS Next 2Y8.33%
EPS Next 3Y8.77%
EPA:AI (12/10/2025, 5:04:17 PM)
158.6
+0.08 (+0.05%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners28.13%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap91.75B
Revenue(TTM)27.06B
Net Income(TTM)3.31B
Analysts81.94
Price Target202.3 (27.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
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)0.41%
PT rev (3m)0.97%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.01%
EPS NY rev (3m)-1.03%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-0.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.3 | ||
| Fwd PE | 21.02 | ||
| P/S | 3.39 | ||
| P/FCF | 33.38 | ||
| P/OCF | 14.22 | ||
| P/B | 3.74 | ||
| P/tB | 10.03 | ||
| EV/EBITDA | 12.67 |
EPS(TTM)6.27
EY3.95%
EPS(NY)7.55
Fwd EY4.76%
FCF(TTM)4.75
FCFY3%
OCF(TTM)11.16
OCFY7.03%
SpS46.77
BVpS42.37
TBVpS15.81
PEG (NY)5.37
PEG (5Y)2.19
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 | 3.64 |
F-Score7
WACC7.32%
ROIC/WACC1.35
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 Y4.71%
EPS Next 2Y8.33%
EPS Next 3Y8.77%
EPS Next 5Y10.46%
Revenue 1Y (TTM)-1.99%
Revenue growth 3Y5.06%
Revenue growth 5Y4.3%
Sales Q2Q%2.94%
Revenue Next Year0.5%
Revenue Next 2Y2.35%
Revenue Next 3Y3.29%
Revenue Next 5Y3.92%
EBIT growth 1Y6.37%
EBIT growth 3Y9.03%
EBIT growth 5Y7.28%
EBIT Next Year55.08%
EBIT Next 3Y21.79%
EBIT Next 5Y15.96%
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 5 / 10 to AI.PA.
What is the valuation status of AIR LIQUIDE SA (AI.PA) stock?
ChartMill assigns a valuation rating of 3 / 10 to AIR LIQUIDE SA (AI.PA). This can be considered as Overvalued.
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 4 / 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 4.71% in the next year.