Added to YB: 2024-12-04
Pitch date: 2024-11-30
AI.PA [neutral]
L'Air Liquide S.A.
+2.94%
current return
Author Info
Devil Investors talk about the stock market and analyze companies that they like. Sign up for the newsletter.
Company Info
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.
Market Cap
EUR 95.8B
Pitch Price
EUR 154.07
Price Target
N/A
Dividend
1.99%
EV/EBITDA
13.75
P/E
27.98
EV/Sales
3.92
Sector
Chemicals
Category
growth
L'Air Liquide S.A. - $AI.PA
AI.PA (too expensive): Industrial gas leader in oligopoly, outperforming CAC40/EuroStoxx50. Strong balance sheet, 8-10% growth expected. Focused on hydrogen/decarbonization. 6-7% historical growth, manageable debt. High-quality business with long-term contracts, but currently trading at premium valuation (30x PE, 36x FCF).
Read full article (17 min)