Air Liquide
| (at previous day's close) |
| Market Cap. |
44,525.97 |
m |
| Shares In Issue |
352.10 |
m |
| Prev. Close |
122.44 |
|
| PE Ratio |
24.55 |
|
| Dividend Yield |
2.07 |
% |
| EPS – basic |
4.99 |
c |
| Dividend PS |
2.53 |
c |
| Dividend Cover |
1.97 |
|
| Cash Flow PS |
8.04 |
c |
| Return On Equity (ROE) |
14.67 |
% |
| Operating Margin |
- |
% |
| PEG Factor |
- |
|
| EPS Growth Rate |
- |
% |
| Dividend PS Growth Rate |
-0.69 |
% |
| Net Debt |
15,073.50 |
m |
| Gross Gearing |
55.64 |
% |
| Quick Assets |
4,135.90 |
m |
| Net Working Cap |
22,971.60 |
m |
| Intangibles / Fixed Assets |
18.53 |
% |
| Turnover PS |
46.52 |
c |
| Pre-Tax Profit PS |
0.00 |
c |
| Retained Profit PS |
- |
c |
| Cash PS |
292.05 |
c |
| Net Cash PS |
-1,403.46 |
c |
| Net Tangible Asset Value PS* |
100.82 |
c |
| Net Asset Value PS |
8,200.22 |
c |
| Spread |
0.84 (0.66%) |
|
| *Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies. |
|
Air Liquide Balance Sheet (31 Dec 2015)
Air Liquide Share Price
| Sample Period † |
High |
Low |
| 1 week |
122.42 |
134.12 |
| 4 weeks |
122.42 |
147.82 |
| 12 weeks |
122.42 |
166.60 |
| 1 year |
122.42 |
166.60 |
Air Liquide (5 years)
|
Air Liquide Historic Returns
| Period * |
Open |
Change |
% |
Open Avg. |
Avg. Daily Vol [m] |
Total Vol. [m] |
VWAP |
| 1 week |
133.24 |
-6.78 |
-5.09 |
127.47 |
1,046,039.00 |
|
127.14 |
| 4 weeks |
147.52 |
-21.06 |
-14.28 |
132.74 |
1,033,358.00 |
|
132.18 |
| 12 weeks |
161.90 |
-35.44 |
-21.89 |
151.19 |
838,612.00 |
|
148.60 |
| 26 weeks |
158.40 |
-31.94 |
-20.16 |
151.61 |
895,092.00 |
|
149.80 |
| 1 year |
147.42 |
-20.96 |
-14.22 |
150.45 |
771,416.00 |
|
149.48 |
| 3 years |
122.00 |
4.46 |
3.66 |
136.86 |
873,855.00 |
|
134.41 |
| 5 years |
108.55 |
17.91 |
16.50 |
125.16 |
864,998.00 |
|
123.79 |
| * periods calculated are whole weeks rather than calendar months |
|
|
Air Liquide Key Management Ratio
|
Air Liquide Investment Ratios
| (Market value analysis) at previous day's close |
|
PQ Ratio |
13.76 |
|
|
PE Ratio |
24.55 |
|
|
Tobin's Q Ratio |
- |
|
|
Tobin's Q Ratio (excl. intangibles) |
- |
|
|
Dividend Yield |
2.07 |
% |
|
Market-to-Book Ratio |
1.49 |
|
|
Price-to-Pre-Tax Profit PS |
173,106.91 |
|
|
Price-to-Retained Profit PS |
- |
|
|
Price-to-Cash Flow PS |
15.22 |
|
|
Price-to-Sales PS |
2.63 |
|
|
Price-to-Net Tangible Asset Value PS |
1.21 |
|
|
Price-to-Cash PS |
0.42 |
|
|
Net Working Capital PS |
65.24 |
|
|
Price Pct to Working Capital PS |
1.88 |
% |
|
Earnings Yield |
0.04 |
% |
|
Average PE |
- |
|
|
Years in Average PE |
- |
|
|
PE to PE average |
- |
% |
|
Air Liquide Financial Ratios
| (Leverage Ratios) |
|
Debt Ratio |
93.61 |
% |
|
Debt-to-Equity Ratio |
1.18 |
|
|
Debt-to-Equity Ratio (excl. Intgbl) |
2.43 |
|
|
Debt-to-Equity Market Value |
0.34 |
|
|
Net Gearing |
52.08 |
% |
|
Net Gearing (excl. Intangibles) |
67.41 |
% |
|
Gross Gearing |
55.64 |
% |
|
Gross Gearing (excl. Intangibles) |
72.00 |
% |
|
Gearing Under 1 Year |
20.63 |
% |
|
Gearing Under 1 Year (excl. Intgbl) |
26.70 |
% |
|
Assets / Equity |
2.27 |
|
|
Cash / Equity |
0.08 |
|
|
(Liquidity Ratios) |
|
Net Working Capital to Total Assets |
79.37 |
% |
|
Current Ratio |
3.51 |
|
|
Quick Ratio (Acid Test) |
3.35 |
|
|
Liquidity Ratio |
0.17 |
|
|
Cash & Equiv / Current Assets |
4.90 |
% |
|
(Solvency Ratios) |
|
Enterprise Value |
536,296.69 |
m |
|
Sales |
0.17 |
|
|
CFO / Attributable Profit |
- |
|
|
CFO / Assets |
0.00 |
|
|
CFO / Debt |
0.00 |
|
|
Total Debt / Equity Market Value |
0.36 |
|
|
Total Debt / Sales |
0.98 |
|
|
Total Debt / Pre-Tax Profit |
6,465,547.70 |
|
|
Total Debt |
16,101.80 |
m |
|
Total Debt / Net Current Assets |
0.70 |
% |
|
(Dodds – Graham Ratios) |
|
|
|
3 yr Compound Earnings Growth |
- |
% |
|
5 yr Compound Earnings Growth |
- |
% |
|
10 yr Compound Earnings Growth |
- |
% |
|
Earn drops > 5% in 10yrs |
- |
|
|
Beta (60-Mnth) |
Beta (36-Mnth) |
| - |
- |
|
Alpha (60-Mnth) |
Alpha (36-Mnth) |
| - |
- |
|
Air Liquide Operating Ratios
| (Profitability Ratios) |
|
Return On Capital Employed (ROCE) |
- |
% |
|
Return On Assets (ROA) |
- |
% |
|
Net Profit Margin |
- |
% |
|
Assets Turnover |
- |
|
|
Return On Equity (ROE) |
14.67 |
% |
|
Return On Investment (ROI) |
- |
% |
|
Dividend Payout Ratio |
50.78 |
% |
|
Plowback Ratio |
49.22 |
% |
|
Growth from Plowback Ratio |
722.14 |
% |
|
Net Income of Revenues |
- |
% |
| (Asset Utilisation Multiples) |
|
Shareholders Equity Turnover |
- |
|
|
Fixed Assets Turnover |
- |
|
|
Current Assets Turnover |
- |
|
|
Net Working Capital Turnover |
- |
|
|
Inventory Turnover |
- |
|
| (Other Operating Ratios) |
|
Total Assets-to-Sales |
- |
|
|
Debtors-to-Sales |
- |
% |
|
Debt Collection Period |
- |
Days |
|
Air Liquide Dividends
| Type |
Curr. |
Dividend Amount |
Period Start |
Period End |
Total Dividend Amount |
| Final |
EUR |
2.53 |
31 Dec 2014 |
31 Dec 2015 |
2.53 |
| Final |
EUR |
2.55 |
31 Dec 2013 |
31 Dec 2014 |
2.55 |
| Final |
EUR |
2.32 |
31 Dec 2012 |
31 Dec 2013 |
2.32 |
| Final |
EUR |
2.50 |
31 Dec 2011 |
31 Dec 2012 |
2.50 |
| Final |
EUR |
2.27 |
31 Dec 2010 |
31 Dec 2011 |
2.27 |
| Final |
EUR |
2.35 |
31 Dec 2009 |
31 Dec 2010 |
2.35 |
| Final |
EUR |
1.98 |
31 Dec 2008 |
31 Dec 2009 |
1.98 |
| Final |
EUR |
2.11 |
31 Dec 2007 |
31 Dec 2008 |
2.11 |
|
Air Liquide Fundamentals
|
| |
31 Dec 2012 (EUR) |
|
31 Dec 2013 (EUR) |
|
31 Dec 2014 (EUR) |
|
31 Dec 2015 (EUR) |
|
|
Turnover |
15,326.30 |
100.00% |
|
15,225.20 |
100.00% |
|
15,358.30 |
100.00% |
|
16,379.80 |
100.00% |
m |
|
Pre Tax Profit |
2,221.50 |
14.49% |
|
2,301.90 |
15.12% |
|
2,399.20 |
15.62% |
|
2,490.40 |
15.20% |
m |
|
Attributable Profit |
- |
-% |
|
- |
-% |
|
- |
-% |
|
- |
-% |
m |
|
Retained Profit |
- |
-% |
|
- |
-% |
|
- |
-% |
|
- |
-% |
m |
|
Eps – Basic |
5.17 |
|
|
4.80 |
|
|
4.85 |
|
|
4.99 |
|
|
|
Eps – Diluted |
5.15 |
|
|
4.78 |
|
|
4.83 |
|
|
4.97 |
|
|
|
Dividends per Share |
2.50 |
|
|
2.32 |
|
|
2.55 |
|
|
2.53 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Air Liquide Balance Sheet
| |
31 Dec 2012 (EUR) |
|
31 Dec 2013 (EUR) |
|
31 Dec 2014 (EUR) |
|
31 Dec 2015 (EUR) |
|
|
  |
|
  |
|
  |
|
  |
|
|
|
| |
31 Dec 2012 (EUR) |
|
31 Dec 2013 (EUR) |
|
31 Dec 2014 (EUR) |
|
31 Dec 2015 (EUR) |
|
|
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed assets |
- |
-% |
|
- |
-% |
|
- |
-% |
|
- |
-% |
m |
Intangibles |
5,859.20 |
23.43% |
|
5,803.00 |
23.12% |
|
6,023.10 |
22.54% |
|
6,579.30 |
22.73% |
m |
|
Fixed Investments |
372.50 |
1.49% |
|
397.40 |
1.58% |
|
333.90 |
1.25% |
|
355.00 |
1.23% |
m |
Current Assets – Other |
13,826.70 |
55.30% |
|
14,228.50 |
56.70% |
|
15,550.60 |
58.19% |
|
16,884.20 |
58.34% |
m |
|
Stocks |
860.40 |
3.44% |
|
903.20 |
3.60% |
|
876.20 |
3.28% |
|
980.60 |
3.39% |
m |
|
Debtors |
2,897.80 |
11.59% |
|
2,781.80 |
11.09% |
|
2,972.50 |
11.12% |
|
3,114.00 |
10.76% |
m |
Cash & securities |
1,187.40 |
4.75% |
|
980.70 |
3.91% |
|
968.60 |
3.62% |
|
1,028.30 |
3.55% |
m |
|
Other assets |
1.20 |
0.00% |
|
4.90 |
0.02% |
|
1.50 |
0.01% |
|
6.40 |
0.02% |
m |
|
|
|
TOTAL |
25,004.00 |
100.00% |
|
25,094.60 |
100.00% |
|
26,724.90 |
100.00% |
|
28,941.40 |
100.00% |
m |
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
Creditors – Short |
5,139.10 |
49.20% |
|
4,931.80 |
45.30% |
|
5,352.00 |
45.25% |
|
5,969.80 |
46.75% |
m |
Creditors – Long |
9,343.10 |
89.46% |
|
9,207.10 |
84.56% |
|
9,481.50 |
80.17% |
|
10,132.00 |
79.34% |
m |
|
|
TOTAL |
14,482.20 |
138.66% |
|
14,138.90 |
129.86% |
|
14,833.50 |
125.42% |
|
16,101.80 |
126.08% |
m |
|
|
EQUITY |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Minority Interest |
-10,211.70 |
-97.77% |
|
-10,625.10 |
-97.58% |
|
-11,536.50 |
-97.54% |
|
-12,405.70 |
-97.14% |
m |
|
Capital Reserves |
10,211.70 |
97.77% |
|
10,625.10 |
97.58% |
|
11,536.50 |
97.54% |
|
12,405.70 |
97.14% |
m |
|
TOTAL |
10,444.30 |
100.00% |
|
10,888.10 |
100.00% |
|
11,826.90 |
100.00% |
|
12,770.80 |
100.00% |
m |
|
|
Air Liquide Cash Flow Statement
|
31 Dec 2012 (EUR) |
|
31 Dec 2013 (EUR) |
|
31 Dec 2014 (EUR) |
|
31 Dec 2015 (EUR) |
|
|
Operating CF |
2,708.50 |
|
2,802.70 |
|
2,829.60 |
|
2,832.40 |
|
|
Investing CF |
-2,837.00 |
|
-2,230.90 |
|
-1,836.30 |
|
-2,281.10 |
|
|
Financial CF |
-484.50 |
|
-838.40 |
|
-991.70 |
|
-392.40 |
|
|
Net change CF |
-613.00 |
|
-266.60 |
|
1.60 |
|
158.90 |
|
|
|
|
|
|
|
|
|
|
|
Air Liquide Employee Data
|
31 Dec 2012 (EUR) |
|
31 Dec 2013 (EUR) |
|
31 Dec 2014 (EUR) |
|
31 Dec 2015 (EUR) |
|
|
Number of employees |
50,250.00 |
|
50,250.00 |
|
50,300.00 |
|
51,500.00 |
|
|
Sales per employee |
0.31 |
|
0.30 |
|
0.31 |
|
0.32 |
m |
|
|
|
|
|
|
|
|
|
|
|