Linde Plc Intrinsic Value – LINDE PLC Reports Earnings for Second Quarter of FY2023 on June 30th
August 3, 2023
🌥️Earnings Overview
On June 30, 2023, LINDE PLC ($NYSE:LIN) reported a total revenue of USD 8204.0 million for the second quarter of FY2023, indicating a 3.0% decrease year over year.
Price History
On Thursday, stock opened at $388.2 and closed at $384.6, down by 0.9% from the previous closing price of 388.2. The earnings report was largely in line with analysts’ estimates, but LINDE PLC did miss some of its own projected guidance. LINDE PLC’s stock price has been volatile in recent months as investors are uncertain about the company’s long-term prospects and how it will be affected by the ongoing global pandemic situation.
Overall, LINDE PLC’s earnings report for the second quarter of FY2023 shows a slight downtrend in both revenue and net income compared to the same period last year. While the company’s stock price has been volatile, investors are watching closely to see if it will return to its former highs or if it will remain at its current levels. 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 Value
At GoodWhale, we conducted an analysis of LINDE PLC‘s wellbeing. After taking into account a number of factors, we were able to calculate the intrinsic value of their shares at around $336.0. Our proprietary Valuation Line was used to make this determination. Currently, the stock is being traded at $384.6, which is a fair price, but it is slightly overvalued by 14.5%. While we recommend that investors carefully consider all of the factors that make up a company’s worth before investing, our analysis shows that LINDE PLC is a sound investment. More…
Peers
The company operates in more than 100 countries and serves customers in a wide range of industries, from food and beverage to healthcare and chemical manufacturing. Linde’s main competitors are Air Products & Chemicals Inc, Air Liquide SA, and Southern Gas Ltd.
– Air Products & Chemicals Inc ($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 has had a successful second quarter in FY2023, with total revenue dropping by only 3.0% year over year to USD 8204.0 million, while net income jumped to USD 1575.0 million from the previous year’s figure of USD 372.0 million. This is an impressive return for investors, showing that LINDE PLC is able to consistently grow and perform well despite the volatile market conditions. For long-term investors, LINDE PLC’s performance may be a solid choice, as the company continues to build up its foundation for sustainable growth and profitability.
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