0.61%
5.24%
1.61%
1.66%
14.56%
53.37%
133.41%
AI Spotlight on LIN
Company Description
Linde plc operates as an industrial gas and engineering company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific.It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as olefin, natural gas, air separation, hydrogen, and synthesis gas plants.
It serves a range of industries, including healthcare, energy, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment.The company was founded in 1879 and is based in Woking, the United Kingdom.
Market Data
| Last Price | 429.6 |
| Change Percentage | 0.61% |
| Open | 432.6 |
| Previous Close | 427 |
| Market Cap ( Millions) | 204557 |
| Volume | 11611 |
| Year High | 450.8 |
| Year Low | 368.5 |
| M A 50 | 417.55 |
| M A 200 | 415.92 |
Financial Ratios
| FCF Yield | 2.33% |
| Dividend Yield | 1.25% |
| ROE | 16.38% |
| Debt / Equity | 56.83% |
| Net Debt / EBIDTA | 138.56% |
| Price To Book | 5.44 |
| Price Earnings Ratio | 33.4 |
| Price To FCF | 43.0 |
| Price To sales | 5.67 |
| EV / EBITDA | 18.63 |
News
- Jan -20 - Linde plc's (NASDAQ:LIN) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
- Jan -09 - Linde Announces Fourth Quarter 2024 Earnings and Conference Call Schedule
- Jan -09 - Linde Announces Fourth Quarter 2024 Earnings and Conference Call Schedule
- Dec -19 - Dow Jones Sustainability(TM) World Index Includes Linde for the Twenty-Second Consecutive Year
- Dec -19 - Dow Jones Sustainability(TM) World Index Includes Linde for the Twenty-Second Consecutive Year
- Oct -31 - Linde Reports Third-Quarter 2024 Results (Earnings Release Tables Attached)
- Oct -29 - Linde Starts Up Supply of Industrial Gases to PT Freeport Indonesia
- Oct -28 - Linde Declares Dividend in Fourth Quarter 2024
- Oct -24 - Linde Signs Agreements to De-captivate Two Air Separation Units and Expand Supply of Industrial Gases to Tata Steel Limited in India
- Oct -08 - Linde Announces Third Quarter 2024 Earnings and Conference Call Schedule
- Oct -02 - China and Middle East tensions push commodities into the spotlight: Morning Brief
- Aug -27 - Linde Signs Long-Term Agreement to Supply Clean Hydrogen to Dow’s Path2Zero Project in Canada
- Aug -14 - Russian court orders $1.2 billion of Linde UK assets be frozen
- Aug -02 - Linde Reports Second-Quarter 2024 Results (Earnings Release Tables Attached)
- Jul -31 - FTSE4Good Recognizes Linde for Ninth Consecutive Year
- Jul -30 - Linde Declares Dividend in Third Quarter 2024
- Jul -29 - Linde Publishes 2023 Sustainable Development Report
- Jul -18 - Linde Recognized as a Leader for Diversity, Equity & Inclusion
- Jul -10 - Linde Announces Second Quarter 2024 Earnings and Conference Call Schedule
- May -10 - Stocks to watch this week: Burberry, Vodafone, BT and Walmart
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Industrial Gases
Expected Growth : 4.5 %
What the company do ?
Industrial Gases from Linde plc refers to the production and supply of oxygen, nitrogen, argon, and other gases used in various industries such as manufacturing, healthcare, and food processing.
Why we expect these perspectives ?
Linde plc's Industrial Gases segment growth of 4.5% is driven by increasing demand from manufacturing and energy industries, expansion in emerging markets, and strategic acquisitions. Additionally, the company's focus on digitalization, cost savings initiatives, and investments in new technologies such as hydrogen fueling and carbon capture are contributing to growth.
Segment n°2 -> Engineering
Expected Growth : 4.8 %
What the company do ?
Linde plc's Engineering division provides industrial gases, engineering and construction services, and product solutions to various industries, including oil and gas, chemicals, and manufacturing.
Why we expect these perspectives ?
Linde plc's 4.8% growth in Engineering is driven by increasing demand for industrial gases, expansion in emerging markets, and strategic acquisitions. Additionally, the company's focus on digitalization, sustainability, and cost savings initiatives have contributed to its growth. The engineering segment benefits from Linde's diversified customer base, including chemicals, energy, and manufacturing industries, which provides a stable source of revenue.
Segment n°3 -> Other
Expected Growth : 5.2 %
What the company do ?
The 'Other' segment from Linde plc includes revenue from the sale of hydrogen, helium, and other gases, as well as from the sale of equipment and installation services.
Why we expect these perspectives ?
Linde plc's 5.2% growth in 'Other' segment is driven by increasing demand for industrial gases in emerging markets, expansion of its healthcare business, and strategic acquisitions. Additionally, growth in the renewable energy sector and rising adoption of clean technologies also contribute to this growth.
Linde Plc Products
| Product Range | What is it ? |
|---|---|
| Industrial Gases | Linde plc provides a range of industrial gases including oxygen, nitrogen, argon, and others, used in various industries such as manufacturing, healthcare, and food processing. |
| Gas Supply Systems | Linde plc designs and installs gas supply systems for industrial and medical applications, providing a reliable and efficient supply of gases. |
| Welding and Cutting Equipment | Linde plc offers a range of welding and cutting equipment, including welding machines, cutting torches, and accessories. |
| Healthcare Gases | Linde plc provides medical gases and equipment for healthcare facilities, including oxygen therapy, anesthesia, and respiratory care. |
| Clean Energy Solutions | Linde plc offers clean energy solutions, including hydrogen fueling stations and carbon capture technology. |
| Engineering and Construction Services | Linde plc provides engineering and construction services for industrial and energy projects, including plant design, construction, and commissioning. |
Linde plc's Porter Forces
Threat Of Substitutes
Linde plc operates in the industrial gases market, which has a moderate threat of substitutes. While there are some substitutes available, such as on-site gas generation, they are not yet widely adopted and do not pose a significant threat to Linde's business.
Bargaining Power Of Customers
Linde plc's customers are largely industrial companies that require a steady supply of industrial gases. While some customers may have some bargaining power, the overall bargaining power of customers is low due to the specialized nature of Linde's products and services.
Bargaining Power Of Suppliers
Linde plc relies on a network of suppliers for raw materials, equipment, and services. While some suppliers may have some bargaining power, the overall bargaining power of suppliers is moderate due to the availability of alternative suppliers and Linde's scale and negotiating power.
Threat Of New Entrants
The industrial gases market has significant barriers to entry, including high capital costs, complex logistics, and regulatory hurdles. As a result, the threat of new entrants is low, and Linde plc faces limited competition from new market entrants.
Intensity Of Rivalry
The industrial gases market is highly competitive, with several established players competing for market share. Linde plc faces intense competition from rivals such as Air Products, Praxair, and Air Liquide, which can lead to pricing pressure and reduced market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 33.84% |
| Debt Cost | 3.95% |
| Equity Weight | 66.16% |
| Equity Cost | 8.35% |
| WACC | 6.86% |
| Leverage | 51.15% |
Linde plc : Quality Control
Linde plc passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GIVN.SW | Givaudan SA, together with its subsidiaries, manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through in divisions, Fragrance & Beauty, … |
| SIKA.SW | Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and automotive industry worldwide. It offers … |
| EMSN.SW | EMS-CHEMIE HOLDING AG engages in the high performance polymers and specialty chemicals businesses worldwide. The company's High Performance Polymers segment is involved in the manufacture and supply of high-performance polyamides … |
| AI.PA | 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 & … |
| HEI.DE | HeidelbergCement AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products, natural stone aggregates, such as sand and gravel; crushed aggregates … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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HeidelbergCement
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Linde
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Air Liquide
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Givaudan
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EMS-Chemie
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