(LIN) Linde Ordinary Shares - Ratings and Ratios

Linde plc, trading under the ticker symbol LIN on the NASDAQ, is a global leader in the industrial gases sector. With a market capitalization exceeding $219 billion, the company operates at scale across Americas, Europe, Middle East, Africa, Asia, and the South Pacific. Its product portfolio spans atmospheric gases—oxygen, nitrogen, argon, and rare gases—and process gases such as carbon dioxide, helium, hydrogen, and acetylene. The company also specializes in electronic and specialty gases, catering to diverse industrial needs.

What sets Linde apart is its engineering prowess. The company designs and builds turnkey process plants for external customers and its own gas businesses. These plants include air separation units, hydrogen production facilities, and natural gas processing plants. This vertical integration allows Linde to maintain control over the entire value chain, from production to delivery, enhancing efficiency and reliability for its customers.

Linde serves a broad range of industries, including healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics. Its gases and technologies are critical to these sectors, enabling everything from medical oxygen supply to semiconductor manufacturing. The company’s deep expertise in hydrogen production positions it as a key player in the emerging clean energy transition.

Founded in 1879 and headquartered in Woking, UK, Linde has built a reputation for innovation and operational excellence. Its forward P/E ratio of 27.47 reflects market expectations for continued growth, driven by increasing demand for industrial gases and the company’s expanding role in hydrogen infrastructure. With a price-to-book ratio of 5.60 and a price-to-sales ratio of 6.64, Linde is valued at a premium, underscoring its strong market position and growth prospects.

For investors and fund managers, Linde’s combination of scale, technological leadership, and exposure to critical industries makes it a compelling investment opportunity. Its significant R&D investments and strategic focus on sustainability further align it with long-term macroeconomic trends, particularly in decarbonization and clean energy.