Linde plc

NasdaqGS:LIN Stock Report

Market Cap: US$212.8b

Linde Valuation

Is LIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of LIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: LIN ($466.22) is trading above our estimate of future cash flow value ($309.52)

Significantly Below Future Cash Flow Value: LIN is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LIN?

Key metric: As LIN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LIN. This is calculated by dividing LIN's market cap by their current earnings.
What is LIN's PE Ratio?
PE Ratio29.7x
EarningsUS$7.24b
Market CapUS$212.80b

Price to Earnings Ratio vs Peers

How does LIN's PE Ratio compare to its peers?

The above table shows the PE ratio for LIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.5x
SHW Sherwin-Williams
29x9.14%US$76.6b
ECL Ecolab
36.6x15.22%US$76.1b
CTVA Corteva
51.6x19.58%US$56.4b
SCCO Southern Copper
28.9x3.87%US$163.9b
LIN Linde
29.7x9.37%US$212.8b

Price-To-Earnings vs Peers: LIN is good value based on its Price-To-Earnings Ratio (29.7x) compared to the peer average (36.5x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does LIN's PE Ratio compare vs other companies in the US Chemicals Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
FFHL Fuwei Films (Holdings)
2.8xn/aUS$27.11m
No more companies available in this PE range
LIN 29.7xIndustry Avg. 24.0xNo. of Companies6PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LIN is expensive based on its Price-To-Earnings Ratio (29.7x) compared to the US Chemicals industry average (24x).

Price to Earnings Ratio vs Fair Ratio

What is LIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.7x
Fair PE Ratio24.2x

Price-To-Earnings vs Fair Ratio: LIN is expensive based on its Price-To-Earnings Ratio (29.7x) compared to the estimated Fair Price-To-Earnings Ratio (24.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst LIN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$466.22
US$544.40
+16.77%
6.70%US$580.00US$400.00n/a25
Sep ’27US$486.76
US$547.24
+12.43%
7.10%US$612.00US$400.00n/a25
Aug ’27US$478.38
US$547.08
+14.36%
7.32%US$622.00US$400.00n/a25
Jul ’27US$533.55
US$546.04
+2.34%
7.40%US$600.00US$400.00n/a25
Jun ’27US$497.41
US$543.76
+9.32%
7.40%US$600.00US$400.00n/a25
May ’27US$507.92
US$529.61
+4.27%
8.17%US$580.00US$381.00n/a25
Apr ’27US$493.83
US$515.25
+4.34%
7.11%US$560.00US$381.00n/a25
Mar ’27US$508.08
US$512.43
+0.86%
7.57%US$565.00US$381.00n/a26
Feb ’27US$456.97
US$502.85
+10.04%
7.24%US$565.00US$381.00n/a26
Jan ’27US$426.39
US$502.71
+17.90%
7.08%US$565.00US$381.00n/a24
Dec ’26US$407.14
US$505.83
+24.24%
7.41%US$565.00US$381.00n/a23
Nov ’26US$418.30
US$512.23
+22.45%
7.62%US$576.00US$381.00n/a22
Oct ’26US$466.81
US$513.05
+9.90%
7.73%US$576.00US$381.00n/a22
Sep ’26US$478.29
US$510.50
+6.73%
7.55%US$576.00US$381.00US$486.7622
Aug ’26US$459.41
US$502.87
+9.46%
7.34%US$576.00US$381.00US$478.3823
Jul ’26US$476.75
US$496.06
+4.05%
7.93%US$576.00US$381.00US$533.5525
Jun ’26US$467.58
US$491.63
+5.14%
6.95%US$540.00US$381.00US$497.4126
May ’26US$448.05
US$490.55
+9.49%
6.96%US$540.00US$381.00US$507.9226
Apr ’26US$467.09
US$494.47
+5.86%
7.22%US$540.00US$381.00US$493.8326
Mar ’26US$467.05
US$494.47
+5.87%
7.22%US$540.00US$381.00US$508.0826
Feb ’26US$446.12
US$490.21
+9.88%
7.82%US$540.00US$381.00US$456.9726
Jan ’26US$418.67
US$494.17
+18.03%
7.78%US$550.00US$381.00US$426.3925
Dec ’25US$460.99
US$493.97
+7.15%
7.86%US$550.00US$381.00US$407.1425
Nov ’25US$457.31
US$493.17
+7.84%
7.83%US$550.00US$381.00US$418.3025
Oct ’25US$475.02
US$485.29
+2.16%
7.77%US$550.00US$381.00US$466.8125
Sep ’25US$478.25
US$487.19
+1.87%
7.33%US$550.00US$381.00US$478.2925
US$544.4
Fair Value
14.4% undervalued intrinsic discount
25
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 15:32
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Linde plc is covered by 53 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
David MantheyBaird
null nullBanco de Sabadell. S.A.