Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
93.93 (1y: +16%)
Market Cap 19.62 B P/E(ttm) 16.80
Enterprise Value 25.2 B P/B 3.02
APD- NYSE (USA)
Air Products & Chemicals Inc
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$93.93
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.086
APD's Cash to Debt is ranked lower than
94% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 0.96 vs. APD: 0.086 )
APD' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.11
Current: 0.09
0.01
0.11
Equity to Asset 0.242
APD's Equity to Asset is ranked lower than
84% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 0.56 vs. APD: 0.242 )
APD' s 10-Year Equity to Asset Range
Min: 0.24   Max: 0.36
Current: 0.24
0.24
0.36
Interest Coverage 33.9
APD's Interest Coverage is ranked higher than
64% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 10.40 vs. APD: 33.9 )
APD' s 10-Year Interest Coverage Range
Min: 4   Max: 34
Current: 33.9
4
34
F-Score: 4
Z-Score: 2.7
M-Score: -2.37
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 13.30
APD's Operating margin (%) is ranked higher than
86% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 5.20 vs. APD: 13.30 )
APD' s 10-Year Operating margin (%) Range
Min: 9.6   Max: 16.1
Current: 13.3
9.6
16.1
Net-margin (%) 12.1
APD's Net-margin (%) is ranked higher than
89% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 3.50 vs. APD: 12.1 )
APD' s 10-Year Net-margin (%) Range
Min: 2.3   Max: 12.1
Current: 12.1
2.3
12.1
ROE (%) 18.1
APD's ROE (%) is ranked higher than
90% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 5.60 vs. APD: 18.1 )
APD' s 10-Year ROE (%) Range
Min: 4.4   Max: 21.1
Current: 18.1
4.4
21.1
ROA (%) 6.9
APD's ROA (%) is ranked higher than
80% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 3.20 vs. APD: 6.9 )
APD' s 10-Year ROA (%) Range
Min: 1.5   Max: 8.6
Current: 6.9
1.5
8.6
ROC (Joel Greenblatt) (%) 13.90
APD's ROC (Joel Greenblatt) (%) is ranked higher than
64% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 10.10 vs. APD: 13.90 )
APD' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 9.5   Max: 19.7
Current: 13.9
9.5
19.7
Revenue Growth (%) 3.7
APD's Revenue Growth (%) is ranked higher than
63% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 0.00 vs. APD: 3.7 )
APD' s 10-Year Revenue Growth (%) Range
Min: -1.9   Max: 9.8
Current: 3.7
-1.9
9.8
EBITDA Growth (%) 5.8
APD's EBITDA Growth (%) is ranked higher than
79% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 0.00 vs. APD: 5.8 )
APD' s 10-Year EBITDA Growth (%) Range
Min: -3.8   Max: 9.6
Current: 5.8
-3.8
9.6
EPS Growth (%) 16.4
APD's EPS Growth (%) is ranked higher than
88% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 0.00 vs. APD: 16.4 )
APD' s 10-Year EPS Growth (%) Range
Min: -1.8   Max: 32.9
Current: 16.4
-1.8
32.9
ยป APD's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

APD Guru Trades in Q2 2012

Manning & Napier Advisors, Inc 1,106,648 sh (+11913.1%)
Tom Gayner 15,800 sh (+464.29%)
Chris Davis 7,485,887 sh (+104.85%)
Diamond Hill Capital 1,782,239 sh (+7.25%)
Mario Gabelli 33,879 sh (+6.18%)
Westport Asset Management 140,000 sh (unchged)
Dodge & Cox 12,100 sh (unchged)
Pioneer Investments Sold Out
Louis Moore Bacon Sold Out
Steven Cohen 4,700 sh (-54.31%)
» More
Q3 2012

APD Guru Trades in Q3 2012

Sarah Ketterer 198,100 sh (New)
Paul Tudor Jones 2,900 sh (New)
Tom Gayner 27,700 sh (+75.32%)
Manning & Napier Advisors, Inc 1,196,283 sh (+8.1%)
Mario Gabelli 35,656 sh (+5.25%)
Diamond Hill Capital 1,811,781 sh (+1.66%)
Westport Asset Management 140,000 sh (unchged)
Dodge & Cox 12,000 sh (-0.83%)
Chris Davis 6,183,581 sh (-17.4%)
Steven Cohen 3,158 sh (-32.81%)
» More
Q4 2012

APD Guru Trades in Q4 2012

Meridian Funds 87,400 sh (New)
Steven Cohen 8,589 sh (+171.98%)
Sarah Ketterer 358,500 sh (+80.97%)
Manning & Napier Advisors, Inc 1,395,399 sh (+16.64%)
Paul Tudor Jones 3,100 sh (+6.9%)
Mario Gabelli 37,382 sh (+4.84%)
Chris Davis 6,337,950 sh (+2.5%)
Westport Asset Management 150,000 sh (unchged)
Tom Gayner 27,300 sh (-1.44%)
Dodge & Cox 10,950 sh (-8.75%)
Diamond Hill Capital 915,765 sh (-49.45%)
» More
Q1 2013

APD Guru Trades in Q1 2013

Paul Tudor Jones 4,600 sh (+48.39%)
Meridian Funds 113,100 sh (+29.41%)
Mario Gabelli 40,008 sh (+7.02%)
Sarah Ketterer 378,500 sh (+5.58%)
Westport Asset Management 157,500 sh (+5%)
Chris Davis 6,650,427 sh (+4.93%)
Dodge & Cox 10,950 sh (unchged)
Diamond Hill Capital 914,183 sh (-0.17%)
Manning & Napier Advisors, Inc 1,359,050 sh (-2.6%)
Tom Gayner 26,400 sh (-3.3%)
Steven Cohen 3,275 sh (-61.87%)
» More
» Details

Insider Trades

Latest Guru Trades with APD

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Meridian Funds 2013-03-31 Add 29.41%0.08%$84.02 - $90.17 $ 93.937%113100
Meridian Funds 2012-12-31 New Buy0.29%$77.09 - $85.75 $ 93.9315%87400
Tom Gayner 2012-09-30 Add 75.32%0.04%$77.73 - $85.45 $ 93.9314%27700
Tom Gayner 2012-06-30 Add 464.29%0.05%$76.61 - $91.98 $ 93.9313%15800
Tom Gayner 2012-03-31 Reduce -41.67%0.01%$86.32 - $92.06 $ 93.9313%2800
Mario Gabelli 2012-03-31 Add 51.94%0.01%$86.32 - $92.06 $ 93.9313%31908
Mario Gabelli 2011-12-31 Reduce -37.5%0.01%$73.87 - $89.41 $ 93.9313%21000
Ray Dalio 2011-09-30 Sold Out 0.01%$74.8 - $97.79 $ 93.9311%0
Mario Gabelli 2011-03-31 Reduce -66.5%0.04%$84.12 - $94.96 $ 93.935%33200
Jean-Marie Eveillard 2011-03-31 Sold Out $84.12 - $94.96 $ 93.935%0
George Soros 2011-03-31 Sold Out $84.12 - $94.96 $ 93.935%0
Jean-Marie Eveillard 2010-12-31 Reduce -96.62%0.57%$81.3 - $91.25 $ 93.939%35000
Mario Gabelli 2010-12-31 Add 126.26%0.02%$81.3 - $91.25 $ 93.939%99100
George Soros 2010-12-31 New Buy0.01%$81.3 - $91.25 $ 93.939%5400
Jean-Marie Eveillard 2010-09-30 Add 2861.48%0.52%$64.97 - $84.2 $ 93.9325%1036518
Mario Gabelli 2010-06-30 New Buy0.02%$65.52 - $79.22 $ 93.93147%43800
Jean-Marie Eveillard 2010-06-30 Reduce -97.84%0.02%$65.52 - $79.22 $ 93.93147%35000
Tom Gayner 2010-06-30 Add 36.59%0.01%$65.52 - $79.22 $ 93.93147%5600
Jean-Marie Eveillard 2010-03-31 Add 5312.15%0.91%$67.95 - $83.34 $ 93.93154%1623646
Tom Gayner 2010-03-31 New Buy0.02%$67.95 - $83.34 $ 93.93154%4100
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Air Products & Chemicals Inc

My 4 Favorite Stocks With Dividend Growth
March 24, 2013
Within the past week, 20 companies announced a dividend hike. I have the feeling that the number of hikes will go down for a few weeks. I remember times when 70 stocks a week hiked dividends. But I think itโ€™s only a span and the number will rise in the future. Read more...
Weekly CEO Buys Highlight: APD, PG, TWIN, CYS, CLGX
November 4, 2012
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 16.80
APD's P/E(ttm) is ranked higher than
60% of the 555 Companies
in the Global Chemicals industry.

( Industry Median: 19.80 vs. APD: 16.80 )
APD' s 10-Year P/E(ttm) Range
Min: 10.73   Max: 312.5
Current: 16.8
10.73
312.5
P/B 3.02
APD's P/B is ranked lower than
81% of the 659 Companies
in the Global Chemicals industry.

( Industry Median: 1.46 vs. APD: 3.02 )
APD' s 10-Year P/B Range
Min: 1.84   Max: 4.06
Current: 3.02
1.84
4.06
P/S 2.01
APD's P/S is ranked lower than
76% of the 666 Companies
in the Global Chemicals industry.

( Industry Median: 0.90 vs. APD: 2.01 )
APD' s 10-Year P/S Range
Min: 0.93   Max: 2.25
Current: 2.01
0.93
2.25
PFCF 159.20
APD's PFCF is ranked lower than
94% of the 389 Companies
in the Global Chemicals industry.

( Industry Median: 19.04 vs. APD: 159.20 )
APD' s 10-Year PFCF Range
Min: 15.37   Max: 408.79
Current: 159.2
15.37
408.79
EV-to-EBIT 17.96
APD's EV-to-EBIT is ranked lower than
60% of the 537 Companies
in the Global Chemicals industry.

( Industry Median: 15.15 vs. APD: 17.96 )
APD' s 10-Year EV-to-EBIT Range
Min: 9   Max: 26
Current: 17.96
9
26
PEG 8.4
APD's PEG is ranked lower than
85% of the 199 Companies
in the Global Chemicals industry.

( Industry Median: 1.62 vs. APD: 8.4 )
APD' s 10-Year PEG Range
Min: 0.83   Max: 52.49
Current: 8.4
0.83
52.49
Shiller P/E 18.84
APD's Shiller P/E is ranked lower than
100% of the Companies
in the Global Chemicals industry.

( Industry Median: vs. APD: 18.84 )
APD' s 10-Year Shiller P/E Range
Min: 12.55   Max: 31.24
Current: 18.84
12.55
31.24

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.80
APD's Dividend Yield is ranked higher than
86% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 1.18 vs. APD: 2.80 )
APD' s 10-Year Dividend Yield Range
Min: 1.49   Max: 3.83
Current: 2.8
1.49
3.83
Dividend Payout 0.5
APD's Dividend Payout is ranked lower than
69% of the 389 Companies
in the Global Chemicals industry.

( Industry Median: 0.36 vs. APD: 0.5 )
APD' s 10-Year Dividend Payout Range
Min: 0.31   Max: 1.29
Current: 0.5
0.31
1.29
Dividend growth (3y) 8.7
APD's Dividend growth (3y) is ranked higher than
92% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 0.00 vs. APD: 8.7 )
APD' s 10-Year Dividend growth (3y) Range
Min: 4   Max: 11.1
Current: 8.7
4
11.1
Yield on cost (5-Year) 4.59
APD's Yield on cost (5-Year) is ranked higher than
94% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 1.19 vs. APD: 4.59 )
APD' s 10-Year Yield on cost (5-Year) Range
Min: 2.44   Max: 6.28
Current: 4.59
2.44
6.28
Share Buyback Rate -0.1
APD's Share Buyback Rate is ranked lower than
59% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 0.00 vs. APD: -0.1 )
APD' s 10-Year Share Buyback Rate Range
Min: 1.6   Max: -1.1
Current: -0.1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 11.1
APD's Price/Net Current Asset Value is ranked lower than
63% of the 627 Companies
in the Global Chemicals industry.

( Industry Median: 7.50 vs. APD: 11.1 )
APD' s 10-Year Price/Net Current Asset Value Range
Min: 8   Max: 12.2
Current: 11.1
8
12.2
Price/Tangible Book 4.7
APD's Price/Tangible Book is ranked lower than
86% of the 643 Companies
in the Global Chemicals industry.

( Industry Median: 1.50 vs. APD: 4.7 )
APD' s 10-Year Price/Tangible Book Range
Min: 3.1   Max: 5.5
Current: 4.7
3.1
5.5
Price/DCF (Projected) 2.2
APD's Price/DCF (Projected) is ranked lower than
66% of the 166 Companies
in the Global Chemicals industry.

( Industry Median: 1.80 vs. APD: 2.2 )
APD' s 10-Year Price/DCF (Projected) Range
Min: 1.5   Max: 2.3
Current: 2.2
1.5
2.3
Price/Median PS Value 1.1
APD's Price/Median PS Value is ranked higher than
50% of the 645 Companies
in the Global Chemicals industry.

( Industry Median: 1.10 vs. APD: 1.1 )
APD' s 10-Year Price/Median PS Value Range
Min: 0.8   Max: 1.2
Current: 1.1
0.8
1.2
Price/Graham Number 2
APD's Price/Graham Number is ranked lower than
75% of the 547 Companies
in the Global Chemicals industry.

( Industry Median: 1.20 vs. APD: 2 )
APD' s 10-Year Price/Graham Number Range
Min: 1.5   Max: 3.2
Current: 2
1.5
3.2
Earnings Yield (Greenblatt) 5.60
APD's Earnings Yield (Greenblatt) is ranked higher than
51% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 5.30 vs. APD: 5.60 )
APD' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.8   Max: 11.1
Current: 5.6
3.8
11.1
Forward Rate of Return (Yacktman) 3.98
APD's Forward Rate of Return (Yacktman) is ranked higher than
82% of the 669 Companies
in the Global Chemicals industry.

( Industry Median: 0.00 vs. APD: 3.98 )
APD' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 1.5   Max: 16.4
Current: 3.98
1.5
16.4

Business Description

Air Products and Chemicals, Inc. is a Delaware corporation originally founded in 1940. The Company is a supplier of hydrogen and helium. It also provides semiconductor materials, refinery hydrogen, natural gas liquefaction, and advanced coatings and adhesives. It serves technology, energy, industrial, and healthcare customers globally with a unique portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. It manages its operations, assesses performance, and reports earnings under four business segments: Merchant Gases; Tonnage Gases; Electronics and Performance Materials; and Equipment and Energy. Merchant Gases sells atmospheric gases such as oxygen, nitrogen, and argon (primarily recovered by the cryogenic distillation of air); process gases such as hydrogen and helium (purchased or refined from crude helium); and medical and specialty gases, along with certain services and equipment, throughout the world to customers in many industries, including those in metals, glass, chemical processing, food processing, healthcare, steel, general manufacturing, and petroleum and natural gas industries. Merchant Gases includes the following types of products: Liquid bulk, Packaged gases, Small on-site plants, and Healthcare products. Tonnage Gases provides hydrogen, carbon monoxide, nitrogen, oxygen, and syngas principally to the energy production and refining, chemical, and metallurgical industries worldwide. Electronics and Performance Materials segment provides the electronics industry with specialty gases (such as nitrogen trifluoride, silane, arsine, phosphine, white ammonia, silicon tetrafluoride, carbon tetrafluoride, hexafluoromethane, critical etch gases, and tungsten hexafluoride) as well as tonnage gases (primarily nitrogen), specialty chemicals, services, and equipment for the manufacture of silicon and compound semiconductors, thin film transistor liquid crystal displays, and photovoltaic devices. Equipment and Energy designs and manufactures cryogenic and gas processing equipment for air separation (utilizing membrane technology and adsorption technology), hydrocarbon recovery and purification, natural gas liquefaction (LNG), and helium distribution (cryogenic transportation containers), and serves energy markets in a variety of ways. The Company faces strong competition from several large, global competitors and many smaller regional ones in all of its business segments. The Company is subject to various environmental laws and regulations in the countries in which it has operations.
Company Website
SEC Reports
Industry: Chemicals
Compare:BASFY, DD, SHECY, URALL, CE
Traded in other countries:AP3.Germany
ยป More Articles for APD

Headlines

Articles On GuruFocus.com
Attractively valued dividend stocks to consider today May 14 2013 
5 Dividend Stocks Trading at Appealing Valuations Apr 18 2013 
Why I Bought BHP Billiton Apr 17 2013 
The Truth About the Impact of Dividend Reinvesting Apr 10 2013 
Why I Vastly Prefer Dividend Growth Investing To Index Investing Apr 10 2013 
4 Stocks Raising Dividends and Expectations Apr 01 2013 
How to Invest in Dividend Stocks When the Market Is at All Time Highs? Mar 27 2013 
Three Dividend Paying Stocks that Deliver Dividend Growth Mar 25 2013 
My 4 Favorite Stocks With Dividend Growth Mar 24 2013 
Why Accomplished Dividend Growth Investors Can Ignore Price Volatility Mar 21 2013 

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial