Intrinsic value of Air Products and Chemicals, Inc. (APD)

[per Chepakovich valuation model]

other valuations of APD

[per Chepakovich valuation model]  See other valuations of APD stock

Previous Close$293.16
Intrinsic Value
Upside potential
Previous Close
$293.16

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-09-30 and quarterly data as of 2020-12-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %-0.7NaN
Revenue, $8856NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m6619NaN
Operating income, $m2238NaN
EBITDA, $m3423NaN
Interest expense (income), $mNaN
Earnings before tax, $m2365NaN
Tax expense, $m478NaN
Net income, $m1887NaN

BALANCE SHEET

Cash and short-term investments, $m6358NaN
Total assets, $m25169NaN
Adjusted assets (=assets-cash), $m18811NaN
Average production assets, $m12423NaN
Working capital, $m6268NaN
Total debt, $m7900NaN
Total liabilities, $m12725NaN
Total equity, $m12443NaN
Debt-to-equity ratio0.635NaN
Adjusted equity ratio0.348NaN

CASH FLOW

Net income, $m1887NaN
Depreciation, amort., depletion, $m1185NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m3265NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-2429NaN
Free cash flow, $m5693NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m6268
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN