Loading stockData sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Loading stockData sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Not financial advice. Analytical data for research only.
Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.
Air Liquide S.A. is a French multinational industrial gases company founded in 1902, serving as the second largest global supplier of industrial gases by revenues. It specializes in producing and supplying gases and related services to diverse industries, including medical, chemical, electronic, energy, and large-scale manufacturing sectors such as petrochemicals, metallurgy, and refining. The company operates in over 70 countries with headquarters in Paris and major offices worldwide, maintaining the longest pipeline network globally for direct gas and energy delivery to industrial basins. Key activities encompass large industries (26% of revenue), industrial merchant sales to SMEs (46%), healthcare solutions for chronic conditions like COPD and sleep apnea (18%), and electronics for semiconductors and photovoltaics (9%). Air Liquide invests heavily in R&D, focusing on hydrogen production, energy transition, biomethane, and digital transformation through initiatives like the Neos strategic plan and ALIAD venture capital arm. With over 67,000 employees and engineering expertise via subsidiaries like Air Liquide Engineering & Construction, it plays a pivotal role in advancing sustainable technologies, climate goals, and innovations in hydrogen mobility and e-health.
€172.38
€0.84 (-0.48%)
EOD Aug 7, 2026
19.43% operating margin is respectable but not wide. ROIC at 9.72%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 0.4% YoY. The question is whether this is cyclical or a structural shift.
At 28x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
28.4x earnings, 37.2x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€26.94B
▼ -0.4% YoY
Net Income (TTM)
€3.64B
▲ +5.9% YoY
Op. Margin
19.43%
▲ +0.4pp YoY
ROIC
9.72%
▼ -0.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€2.67B
▼ -4.4% YoY
Op. Cash Flow (TTM)
€3.85B
▲ +7.5% YoY
Net Debt
€9.96B
Cash & Equiv.
€3.63B
3Y CAGR: -3.5%
3Y CAGR: +1.8%
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At a P/E of 28.4 and a price-to-free-cash-flow of 37.2, Air Liquide (AI.XPAR) trades above a two-stage DCF intrinsic value of about €63.09 per share, so at €172.38 the stock looks overvalued (63.4% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Air Liquide scores 37/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.0%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €63.09 per share for AI.XPAR, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €47.32. At today's €172.38, that puts the stock about 63.4% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Air Liquide scores 37 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 19.4% operating margin and a 9.7% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Air Liquide pays a regular dividend of about €3.39 per share per year (typically in quarterly installments), a yield of roughly 2.0% at the current price. That is a payout ratio of about 53.6% of earnings, so the dividend is well covered. Air Liquide has grown the dividend at roughly 10.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For AI.XPAR's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. AI.XPAR currently trades above its estimated intrinsic value and scores 37/100 on quality (lower-quality). It also yields about 2.0%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.