AIR LIQUIDE SA (AIL.DE) Stock Fundamental Analysis
FRA:AIL - Deutsche Boerse Ag - FR0000120073 - Common Stock - Currency: EUR
AIL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 69 industry peers in the Chemicals industry. While AIL has a great profitability rating, there are some minor concerns on its financial health. AIL is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AIL was profitable.
In the past year AIL had a positive cash flow from operations.
In the past 5 years AIL has always been profitable.
AIL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AIL's Return On Assets of 6.70% is fine compared to the rest of the industry. AIL outperforms 76.81% of its industry peers.
With a decent Return On Equity value of 13.49%, AIL is doing good in the industry, outperforming 75.36% of the companies in the same industry.
With an excellent Return On Invested Capital value of 9.87%, AIL 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 AIL is above the industry average of 6.84%.
The 3 year average ROIC (9.47%) for AIL 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
Looking at the Profit Margin, with a value of 12.22%, AIL belongs to the top of the industry, outperforming 88.41% of the companies in the same industry.
In the last couple of years the Profit Margin of AIL has grown nicely.
Looking at the Operating Margin, with a value of 19.93%, AIL belongs to the top of the industry, outperforming 94.20% of the companies in the same industry.
AIL's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 63.01%, AIL belongs to the top of the industry, outperforming 94.20% of the companies in the same industry.
In the last couple of years the Gross Margin of AIL 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 5Y3.63%
GM growth 3Y1.78%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AIL is still creating some value.
AIL has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for AIL has been increased compared to 5 years ago.
Compared to 1 year ago, AIL has an improved debt to assets ratio.
2.2 Solvency
AIL has an Altman-Z score of 3.85. This indicates that AIL is financially healthy and has little risk of bankruptcy at the moment.
AIL has a Altman-Z score of 3.85. This is in the better half of the industry: AIL outperforms 79.71% of its industry peers.
The Debt to FCF ratio of AIL is 4.60, which is a neutral value as it means it would take AIL, 4.60 years of fcf income to pay off all of its debts.
AIL has a Debt to FCF ratio of 4.60. This is amongst the best in the industry. AIL outperforms 81.16% of its industry peers.
AIL has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
AIL's Debt to Equity ratio of 0.47 is in line compared to the rest of the industry. AIL outperforms 52.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 4.6 | ||
| Altman-Z | 3.85 |
ROIC/WACC1.37
WACC7.2%
2.3 Liquidity
A Current Ratio of 0.84 indicates that AIL may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.84, AIL is doing worse than 85.51% of the companies in the same industry.
AIL has a Quick Ratio of 0.84. This is a bad value and indicates that AIL is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.61, AIL is not doing good in the industry: 84.06% of the companies in the same industry are doing better.
The current and quick ratio evaluation for AIL is rather negative, while it does have 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
AIL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.10%, which is quite good.
AIL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.55% yearly.
AIL shows a decrease in Revenue. In the last year, the revenue decreased by -1.99%.
Measured over the past years, AIL 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
The Earnings Per Share is expected to grow by 10.15% on average over the next years. This is quite good.
The Revenue is expected to grow by 4.06% on average over the next years.
EPS Next Y9.9%
EPS Next 2Y10.48%
EPS Next 3Y10.45%
EPS Next 5Y10.15%
Revenue Next Year1.94%
Revenue Next 2Y3.24%
Revenue Next 3Y3.84%
Revenue Next 5Y4.06%
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 27.51, the valuation of AIL can be described as expensive.
AIL's Price/Earnings is on the same level as the industry average.
AIL is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.41, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 21.98, which indicates a rather expensive current valuation of AIL.
The rest of the industry has a similar Price/Forward Earnings ratio as AIL.
The average S&P500 Price/Forward Earnings ratio is at 33.87. AIL is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.51 | ||
| Fwd PE | 21.98 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AIL.
The rest of the industry has a similar Price/Free Cash Flow ratio as AIL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.29 | ||
| EV/EBITDA | 13.78 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AIL does not grow enough to justify the current Price/Earnings ratio.
AIL has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.78
PEG (5Y)2.38
EPS Next 2Y10.48%
EPS Next 3Y10.45%
5. Dividend
5.1 Amount
AIL has a Yearly Dividend Yield of 1.90%. Purely for dividend investing, there may be better candidates out there.
AIL's Dividend Yield is comparable with the industry average which is at 3.05.
Compared to the average S&P500 Dividend Yield of 2.39, AIL is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
5.2 History
The dividend of AIL 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 AIL. This is a bit on the high side, but may be sustainable.
AIL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP59.1%
EPS Next 2Y10.48%
EPS Next 3Y10.45%
FRA:AIL (8/11/2025, 7:00:00 PM)
172.46
-1.24 (-0.71%)
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 Cap99.76B
Analysts80
Price Target198.86 (15.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
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)0.02%
PT rev (3m)0.29%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.69%
Revenue NY rev (3m)-1.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.51 | ||
| Fwd PE | 21.98 | ||
| P/S | 3.69 | ||
| P/FCF | 36.29 | ||
| P/OCF | 15.46 | ||
| P/B | 4.07 | ||
| P/tB | 10.91 | ||
| EV/EBITDA | 13.78 |
EPS(TTM)6.27
EY3.64%
EPS(NY)7.85
Fwd EY4.55%
FCF(TTM)4.75
FCFY2.76%
OCF(TTM)11.16
OCFY6.47%
SpS46.77
BVpS42.38
TBVpS15.81
PEG (NY)2.78
PEG (5Y)2.38
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 | 3.85 |
F-Score7
WACC7.2%
ROIC/WACC1.37
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 Y9.9%
EPS Next 2Y10.48%
EPS Next 3Y10.45%
EPS Next 5Y10.15%
Revenue 1Y (TTM)-1.99%
Revenue growth 3Y5.06%
Revenue growth 5Y4.3%
Sales Q2Q%2.94%
Revenue Next Year1.94%
Revenue Next 2Y3.24%
Revenue Next 3Y3.84%
Revenue Next 5Y4.06%
EBIT growth 1Y6.38%
EBIT growth 3Y9.02%
EBIT growth 5Y7.28%
EBIT Next Year58.93%
EBIT Next 3Y22.7%
EBIT Next 5Y15.83%
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%