Linde Plc Intrinsic Stock Value – LINDE PLC Reports Q2 FY2023 Earnings Results for June 30 2023
July 29, 2023
🌥️Earnings Overview
For the second quarter of FY2023, LINDE PLC ($NYSE:LIN) reported a total revenue of USD 8204.0 million, a decrease of 3.0% compared to the same period in the previous year. Net income also saw a dramatic rise, from USD 372.0 million in the prior year to USD 1575.0 million for the quarter ending on June 30 2023.
Market Price
On Thursday morning, LINDE PLC reported its earnings results for the second quarter of fiscal year 2023, which ended on June 30th 2023. The stock opened at $388.2 and closed at $384.6, a decrease of 0.9% from its previous closing price of 388.2. Overall, LINDE PLC’s earnings report for Q2 FY2023 reflected a strong performance, with increases in both revenue and net income, as well as a healthy dividend payout. The company is expected to continue to show strong growth in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Linde Plc. More…
| Total Revenues | Net Income | Net Margin |
| 33.09k | 5.69k | 17.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Linde Plc. More…
| Operations | Investing | Financing |
| 8.79k | -4.08k | -4.99k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Linde Plc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 78.72k | 37.47k | 81.79 |
Key Ratios Snapshot
Some of the financial key ratios for Linde Plc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.8% | 28.6% | 23.0% |
| FCF Margin | ROE | ROA |
| 16.3% | 11.9% | 6.0% |
Analysis – Linde Plc Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of LINDE PLC‘s wellbeing. Our proprietary Valuation Line suggests that the intrinsic value of LINDE PLC shares is around $335.5. Despite this, LINDE PLC’s stock is currently traded at a price of $384.6, which is 14.6% overvalued compared to the intrinsic value. We advise investors to exercise caution and conduct further research before investing in LINDE PLC. More…
Peers
The company operates in more than 100 countries and serves customers in a wide range of industries, from food and beverage to healthcare and chemical manufacturing. Linde’s main competitors are Air Products & Chemicals Inc, Air Liquide SA, and Southern Gas Ltd.
– Air Products & Chemicals Inc ($NYSE:APD)
Air Products & Chemicals Inc is an international industrial gases company. Headquartered in Allentown, Pennsylvania, in the United States, the company has operations in over 50 countries, and serves customers in a wide range of industries including chemicals, energy, electronics, food and beverage, healthcare, manufacturing, metals, and others.
The company has a market capitalization of $53.55 billion as of 2022 and a return on equity of 12.98%. Air Products & Chemicals Inc is a leading supplier of industrial gases and related equipment, and is one of the world’s leading producers of hydrogen. The company also produces a variety of other gases, including nitrogen, oxygen, and argon. In addition to gas production, Air Products & Chemicals Inc also provides engineering and construction services for a variety of industries.
– Air Liquide SA ($OTCPK:AIQUF)
Air Liquide SA is a French multinational company that supplies industrial gases and services to various industries. The company has a market cap of 62.29B as of 2022 and a Return on Equity of 11.4%. The company’s products and services include oxygen, nitrogen, hydrogen, carbon dioxide, and other gases. Air Liquide SA also offers welding, medical, and food-grade gases.
– Southern Gas Ltd ($BSE:509910)
Southern Gas Ltd is a gas distribution company that serves the southern United States. The company has a market capitalization of $2.66 million and a return on equity of 4.12%. Southern Gas is a publicly traded company listed on the New York Stock Exchange.
Summary
LINDE PLC‘s second quarter of FY2023 saw a 3.0% decrease in total revenue from the same period in the previous year. However, net income in Q2 was significantly higher than last year, coming in at USD 1575.0 million compared to USD 372.0 million. Investors should take note of this positive trend in LINDE PLC’s performance, which could lead to greater returns in the future. Overall, the company’s strong financial results suggest that it is well-positioned to continue its growth trajectory in the coming quarters.
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