L'Air Liquide S.A. Logo

L'Air Liquide S.A.

AI.PA

(3.0)
Stock Price

171,06 EUR

9.74% ROA

12.94% ROE

28.8x PER

Market Cap.

91.303.405.838,00 EUR

57.91% DER

1.69% Yield

11.15% NPM

L'Air Liquide S.A. Stock Analysis

L'Air Liquide S.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

L'Air Liquide S.A. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (16.62%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 Net Profit Growth

This company has consistently achieved strong net profit growth over the past five years, demonstrating a solid financial performance and making it an appealing investment option.

3 Dividend Growth

With a history of consistent dividend increases over the last five years, the company has proven to be a reliable choice for investors seeking steady income.

4 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

5 ROA

The stock's ROA (9.74%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 DER

The stock maintains a fair debt to equity ratio (58%), indicating a reasonable balance between the money it owes and the ownership it possesses.

7 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

8 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (1.657) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 PBV

The stock's elevated P/BV ratio (3.83x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

10 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

11 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

L'Air Liquide S.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

L'Air Liquide S.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

L'Air Liquide S.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

L'Air Liquide S.A. Revenue
Year Revenue Growth
2003 8.393.600.000
2004 9.376.200.000 10.48%
2005 10.434.800.000 10.14%
2006 10.948.700.000 4.69%
2007 11.801.200.000 7.22%
2008 13.103.100.000 9.94%
2009 11.976.100.000 -9.41%
2010 13.488.000.000 11.21%
2011 14.456.900.000 6.7%
2012 15.326.300.000 5.67%
2013 15.225.200.000 -0.66%
2014 15.358.300.000 0.87%
2015 16.379.800.000 6.24%
2016 18.134.800.000 9.68%
2017 20.349.300.000 10.88%
2018 21.011.100.000 3.15%
2019 21.920.100.000 4.15%
2020 20.485.200.000 -7%
2021 23.334.800.000 12.21%
2022 29.934.000.000 22.05%
2023 27.960.600.000 -7.06%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

L'Air Liquide S.A. Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

L'Air Liquide S.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 0
2004 0 0%
2005 1.856.400.000 100%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

L'Air Liquide S.A. EBITDA
Year EBITDA Growth
2003 2.008.100.000
2004 2.199.400.000 8.7%
2005 2.370.100.000 7.2%
2006 2.527.800.000 6.24%
2007 2.670.400.000 5.34%
2008 2.855.700.000 6.49%
2009 2.926.200.000 2.41%
2010 3.322.400.000 11.93%
2011 3.624.000.000 8.32%
2012 3.754.500.000 3.48%
2013 3.801.300.000 1.23%
2014 3.872.100.000 1.83%
2015 4.254.800.000 8.99%
2016 4.642.300.000 8.35%
2017 5.109.700.000 9.15%
2018 5.008.100.000 -2.03%
2019 5.905.300.000 15.19%
2020 5.908.000.000 0.05%
2021 6.258.400.000 5.6%
2022 7.307.900.000 14.36%
2023 7.161.800.000 -2.04%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

L'Air Liquide S.A. Gross Profit
Year Gross Profit Growth
2003 2.004.700.000
2004 2.191.300.000 8.52%
2005 6.489.300.000 66.23%
2006 6.708.100.000 3.26%
2007 7.253.300.000 7.52%
2008 7.556.000.000 4.01%
2009 7.412.800.000 -1.93%
2010 8.248.000.000 10.13%
2011 8.695.300.000 5.14%
2012 9.227.700.000 5.77%
2013 9.240.100.000 0.13%
2014 9.351.100.000 1.19%
2015 10.215.800.000 8.46%
2016 11.442.000.000 10.72%
2017 12.628.500.000 9.4%
2018 12.734.700.000 0.83%
2019 13.766.200.000 7.49%
2020 13.287.500.000 -3.6%
2021 13.946.100.000 4.72%
2022 16.121.000.000 13.49%
2023 16.487.000.000 2.22%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

L'Air Liquide S.A. Net Profit
Year Net Profit Growth
2003 781.800.000
2004 841.800.000 7.13%
2005 1.007.000.000 16.41%
2006 1.072.100.000 6.07%
2007 1.170.000.000 8.37%
2008 1.271.800.000 8%
2009 1.285.200.000 1.04%
2010 1.458.100.000 11.86%
2011 1.594.700.000 8.57%
2012 1.609.400.000 0.91%
2013 1.640.300.000 1.88%
2014 1.665.000.000 1.48%
2015 1.756.400.000 5.2%
2016 1.844.000.000 4.75%
2017 2.199.600.000 16.17%
2018 2.113.400.000 -4.08%
2019 2.241.500.000 5.71%
2020 2.435.100.000 7.95%
2021 2.572.200.000 5.33%
2022 2.758.800.000 6.76%
2023 3.443.200.000 19.88%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

L'Air Liquide S.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 2
2004 2 0%
2005 2 50%
2006 2 0%
2007 2 0%
2008 3 0%
2009 3 0%
2010 3 33.33%
2011 3 0%
2012 3 0%
2013 4 0%
2014 4 0%
2015 4 0%
2016 4 0%
2017 4 25%
2018 4 0%
2019 4 0%
2020 5 0%
2021 5 0%
2022 5 20%
2023 7 16.67%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

L'Air Liquide S.A. Free Cashflow
Year Free Cashflow Growth
2004 550.800.000
2005 744.900.000 26.06%
2006 638.500.000 -16.66%
2007 742.800.000 14.04%
2008 384.600.000 -93.14%
2009 1.040.800.000 63.05%
2010 970.100.000 -7.29%
2011 670.800.000 -44.62%
2012 700.600.000 4.25%
2013 646.600.000 -8.35%
2014 927.900.000 30.32%
2015 804.700.000 -15.31%
2016 1.437.900.000 44.04%
2017 2.071.500.000 30.59%
2018 2.467.200.000 16.04%
2019 2.075.800.000 -18.86%
2020 2.575.500.000 19.4%
2021 2.653.900.000 2.95%
2022 2.537.100.000 -4.6%
2023 623.200.000 -307.11%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

L'Air Liquide S.A. Operating Cashflow
Year Operating Cashflow Growth
2004 1.451.800.000
2005 1.720.100.000 15.6%
2006 1.766.700.000 2.64%
2007 2.102.100.000 15.96%
2008 2.292.900.000 8.32%
2009 2.451.800.000 6.48%
2010 2.419.900.000 -1.32%
2011 2.425.800.000 0.24%
2012 2.708.500.000 10.44%
2013 2.802.700.000 3.36%
2014 2.829.600.000 0.95%
2015 2.832.400.000 0.1%
2016 3.696.500.000 23.38%
2017 4.254.000.000 13.11%
2018 4.716.400.000 9.8%
2019 4.712.200.000 -0.09%
2020 5.205.700.000 9.48%
2021 5.570.700.000 6.55%
2022 5.810.100.000 4.12%
2023 1.480.150.000 -292.53%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

L'Air Liquide S.A. Capital Expenditure
Year Capital Expenditure Growth
2004 901.000.000
2005 975.200.000 7.61%
2006 1.128.200.000 13.56%
2007 1.359.300.000 17%
2008 1.908.300.000 28.77%
2009 1.411.000.000 -35.24%
2010 1.449.800.000 2.68%
2011 1.755.000.000 17.39%
2012 2.007.900.000 12.6%
2013 2.156.100.000 6.87%
2014 1.901.700.000 -13.38%
2015 2.027.700.000 6.21%
2016 2.258.600.000 10.22%
2017 2.182.500.000 -3.49%
2018 2.249.200.000 2.97%
2019 2.636.400.000 14.69%
2020 2.630.200.000 -0.24%
2021 2.916.800.000 9.83%
2022 3.273.000.000 10.88%
2023 856.950.000 -281.94%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

L'Air Liquide S.A. Equity
Year Equity Growth
2003 5.079.200.000
2004 5.373.600.000 5.48%
2005 5.652.300.000 4.93%
2006 6.285.800.000 10.08%
2007 6.328.300.000 0.67%
2008 6.856.800.000 7.71%
2009 7.583.700.000 9.59%
2010 8.903.500.000 14.82%
2011 9.758.600.000 8.76%
2012 10.211.700.000 4.44%
2013 10.625.100.000 3.89%
2014 11.536.500.000 7.9%
2015 12.405.700.000 7.01%
2016 16.741.800.000 25.9%
2017 16.317.900.000 -2.6%
2018 18.207.400.000 10.38%
2019 19.324.400.000 5.78%
2020 19.004.600.000 -1.68%
2021 21.998.800.000 13.61%
2022 24.572.000.000 10.47%
2023 24.046.400.000 -2.19%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

L'Air Liquide S.A. Assets
Year Assets Growth
2003 11.004.800.000
2004 14.425.000.000 23.71%
2005 16.288.400.000 11.44%
2006 16.295.300.000 0.04%
2007 18.291.700.000 10.91%
2008 20.604.700.000 11.23%
2009 20.625.600.000 0.1%
2010 22.537.600.000 8.48%
2011 24.123.400.000 6.57%
2012 25.004.000.000 3.52%
2013 25.094.600.000 0.36%
2014 26.724.900.000 6.1%
2015 28.941.400.000 7.66%
2016 44.117.800.000 34.4%
2017 41.027.300.000 -7.53%
2018 41.980.600.000 2.27%
2019 43.666.500.000 3.86%
2020 41.977.100.000 -4.02%
2021 46.783.100.000 10.27%
2022 49.518.000.000 5.52%
2023 48.556.200.000 -1.98%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

L'Air Liquide S.A. Liabilities
Year Liabilities Growth
2003 5.465.600.000
2004 8.709.900.000 37.25%
2005 10.079.700.000 13.59%
2006 9.728.500.000 -3.61%
2007 11.815.300.000 17.66%
2008 13.599.100.000 13.12%
2009 12.873.700.000 -5.63%
2010 13.425.100.000 4.11%
2011 14.127.700.000 4.97%
2012 14.559.700.000 2.97%
2013 14.206.500.000 -2.49%
2014 14.898.000.000 4.64%
2015 16.170.600.000 7.87%
2016 26.992.800.000 40.09%
2017 24.308.900.000 -11.04%
2018 23.773.200.000 -2.25%
2019 24.342.100.000 2.34%
2020 22.972.500.000 -5.96%
2021 24.784.300.000 7.31%
2022 24.946.000.000 0.65%
2023 24.509.800.000 -1.78%

L'Air Liquide S.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
55.32
Net Income per Share
6.06
Price to Earning Ratio
28.8x
Price To Sales Ratio
3.15x
POCF Ratio
15.58
PFCF Ratio
36.3
Price to Book Ratio
3.93
EV to Sales
3.56
EV Over EBITDA
14.6
EV to Operating CashFlow
17.57
EV to FreeCashFlow
40.98
Earnings Yield
0.03
FreeCashFlow Yield
0.03
Market Cap
91,30 Bil.
Enterprise Value
103,05 Bil.
Graham Number
77.84
Graham NetNet
-37.04

Income Statement Metrics

Net Income per Share
6.06
Income Quality
1.89
ROE
0.17
Return On Assets
0.06
Return On Capital Employed
0.13
Net Income per EBT
0.74
EBT Per Ebit
0.82
Ebit per Revenue
0.18
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.32
Operating Profit Margin
0.18
Pretax Profit Margin
0.15
Net Profit Margin
0.11

Dividends

Dividend Yield
0.02
Dividend Yield %
1.69
Payout Ratio
0.72
Dividend Per Share
2.95

Operating Metrics

Operating Cashflow per Share
11.21
Free CashFlow per Share
4.81
Capex to Operating CashFlow
-0.57
Capex to Revenue
-0.12
Capex to Depreciation
-1.36
Return on Invested Capital
0.09
Return on Tangible Assets
0.1
Days Sales Outstanding
40.4
Days Payables Outstanding
93.36
Days of Inventory on Hand
58.39
Receivables Turnover
9.03
Payables Turnover
3.91
Inventory Turnover
6.25
Capex per Share
-6.4

Balance Sheet

Cash per Share
3,27
Book Value per Share
44,41
Tangible Book Value per Share
15.44
Shareholders Equity per Share
44.41
Interest Debt per Share
26.07
Debt to Equity
0.58
Debt to Assets
0.28
Net Debt to EBITDA
1.66
Current Ratio
0.79
Tangible Asset Value
8,08 Bil.
Net Current Asset Value
-16,73 Bil.
Invested Capital
0.58
Working Capital
-2,06 Bil.
Intangibles to Total Assets
0.33
Average Receivables
3,09 Bil.
Average Payables
3,23 Bil.
Average Inventory
2022600000
Debt to Market Cap
0.15

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

L'Air Liquide S.A. Dividends
Year Dividends Growth
2000 3
2001 3 33.33%
2002 3 -50%
2003 3 0%
2004 5 50%
2005 4 0%
2006 4 0%
2007 5 0%
2008 3 -100%
2009 2 0%
2010 2 0%
2011 2 0%
2012 3 0%
2013 3 0%
2014 3 0%
2015 3 0%
2016 3 0%
2017 3 0%
2018 3 0%
2019 3 0%
2020 3 0%
2021 3 0%
2022 3 0%
2023 3 0%

L'Air Liquide S.A. Profile

About L'Air Liquide S.A.

L'Air Liquide S.A. provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company's Gas & Services segment offers oxygen, nitrogen, argon, hydrogen, and carbon monoxide to the metals, chemicals, refining, and energy sectors; and gases, application equipment, and associated services to the materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors. It also supplies medical gases, hygiene products, equipment, and services to hospitals, as well as to patients in their homes; and produces and distributes healthcare specialty ingredients for the cosmetics, pharmaceutical, and vaccine markets. In addition, this segment supplies gases, materials, and services for use in the production of semi-conductors, as well as flat screens and photovoltaic panels. Its Engineering & Construction segment designs, develops, and builds industrial gas production plants for third parties; and designs and manufactures plants in the traditional, renewable, and alternative energy sectors. The company's Global Markets & Technologies segment delivers technological solutions, such as molecules, equipment, and services to support the markets of energy transition, primarily in transport, energy, and waste valorization, as well as related to deep tech in the space exploration, aerospace, and big science. This segment also invests in biomethane production units, as well as develops stations for distributing natural bio-gas for vehicles and hydrogen to support clean mobility; operates biomethane production units for use in the maritime industry; and supplies gases for the offshore oil and gas platforms, offshore wind turbines, and cryogenic transportation by sea. L'Air Liquide S.A. was incorporated in 1902 and is headquartered in Paris, France.

CEO
Mr. Francois Jackow
Employee
67.778
Address
75 quai d'Orsay
Paris, 75321

L'Air Liquide S.A. Executives & BODs

L'Air Liquide S.A. Executives & BODs
# Name Age
1 Ms. Diana Schillag
Chief Executive Officer of Europe Healthcare
70
2 Mr. Pascal Vinet
Executive Vice President
70
3 Dolores Paredes
Head of Markets, Strategy and Innovation - Healthcare Business Line
70
4 Ms. Amelia Irion
Group Human Resources Vice President
70
5 Mr. Francois Jackow
Executive Vice President, Chief Executive Officer & Director
70
6 Mr. Jérôme Pelletan
Chief Financial Officer
70
7 Christiane Muller
Vice President of Global Markets & Technologies Activities
70
8 Aude Rodriguez
Head of Investor Relations
70
9 Mr. Michael J. Graff
Executive Vice President
70
10 Mr. Francois Venet
Senior Vice President
70

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