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LindeBUD:LINDEPLC 93 Intrinsic Value: Projected FCF is Ft52,769.94 as of Aug. 18, 2026, which is 100% below its 10-year median of 2.29. GuruFocus rates BUD:LINDEPLC with a GF Score™ of 93/100 and a GF Value™ of Ft130,036.83. The stock has 1 warning sign investors should review. Among 1,144 Chemicals companies, Linde ranks worse than 67.48% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-18), Linde's Intrinsic Value: Projected FCF is Ft52,769.94. The stock price of Linde is Ft121430.00. Therefore, Linde's Price-to-Intrinsic-Value-Projected-FCF of today is 2.3.
The historical rank and industry rank for Linde's Intrinsic Value: Projected FCF or its related term are showing as below:
BUD:LINDEPLC'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.33 Med: 2.29 Max: 2.88
Current: 2.3
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Linde was 2.88. The lowest was 1.33. And the median was 2.29.
BUD:LINDEPLC's Price-to-Projected-FCF is ranked worse than 67.48% of 1144
companies
in the Chemicals industry
Industry Median: 1.36
vs BUD:LINDEPLC: 2.30
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Linde's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
121430.00
/
65095.294525269
=
1.87
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Linde Intrinsic Value: Projected FCF Related Terms
Linde Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Linde's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BUD:LINDEPLC vs SHW, ECL, APD: Intrinsic Value: Projected FCF Comparison
For the Specialty Chemicals subindustry, Linde's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Linde Price-to-Projected-FCF vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Linde's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Linde's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of Ft52,769.94 mean?
Linde (BUD:LINDEPLC) has a Intrinsic Value: Projected FCF of Ft52,769.94 as of Aug. 18, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Linde and its competitors. This is 2304264% above median its historical median of 2.29. Over the past decade, Linde's Intrinsic Value: Projected FCF has ranged from 1.33 to 2.88. According to the industry distribution chart, Linde ranks #772 out of 1144 companies in the Chemicals industry, placing it in the top 67.5%.
Is Linde's Intrinsic Value: Projected FCF too high?
Linde's current Intrinsic Value: Projected FCF of Ft52,769.94 is 2304264% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 2.88. Based on the distribution chart, Linde ranks #772 out of 1144 companies in the Chemicals industry, which is below the industry midpoint. Overall, Linde has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Linde's Intrinsic Value: Projected FCF compare to SHW and ECL?
According to the Chemicals industry distribution chart, Linde ranks #772 out of 1144 companies for Intrinsic Value: Projected FCF. This places Linde in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.36. Historically, Linde's own Intrinsic Value: Projected FCF has ranged from 1.33 to 2.88 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Chemicals company?
The median Intrinsic Value: Projected FCF among Chemicals companies is 1.36, based on 1,144 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Linde and its competitors. For the Chemicals industry, the median Intrinsic Value: Projected FCF is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde's current Intrinsic Value: Projected FCF is Ft52,769.94, which is 2304264% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linde stock overvalued right now?
Linde (BUD:LINDEPLC) has a current Intrinsic Value: Projected FCF of Ft52,769.94. The stock's GF Value™ is Ft130,036.83, compared to a current price of Ft121,430.00 — trading 6.6% below its estimated fair value. The current Intrinsic Value: Projected FCF is Ft52,769.94, which is 2304264% above median its 10-year median of 2.29. Linde's overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Linde (BUD:LINDEPLC), the current Intrinsic Value: Projected FCF is Ft52,769.94 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Linde (BUD:LINDEPLC) Overvalued in 2026?
Based on GuruFocus' analysis, Linde stock appears to be undervalued.
The current stock price of Ft121,430.00 is trading 6.6% below its estimated GF Value™ of Ft130,036.83.
Key valuation signals for BUD:LINDEPLC:
Intrinsic Value: Projected FCF: Ft52,769.94 (2304264% above median its 10-year median of 2.29)
GF Value™: Ft130,036.83 vs. price of Ft121,430.00 (6.6% below fair value)
No single metric tells the full story. See the BUD:LINDEPLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $34 billion in revenue in 2025.
93GF Score
Get the complete analysis for BUD:LINDEPLC
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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