As of 2025-07-05, the Intrinsic Value of Air Products and Chemicals Inc (APD) is 350.01 USD. This APD valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 291.84 USD, the upside of Air Products and Chemicals Inc is 19.9%.

The range of the Intrinsic Value is 224.67 - 709.74 USD.

Is APD undervalued or overvalued?

Based on its market price of 291.84 USD and our intrinsic valuation, Air Products and Chemicals Inc (APD) is undervalued by 19.9%.

291.84 USD

Stock Price

350.01 USD

Intrinsic Value

Intrinsic Value Details

APD Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	224.67 - 709.74	350.01	19.9%
DCF (Growth Exit 10Y)	227.84 - 651.42	338.32	15.9%
DCF (EBITDA Exit 5Y)	297.96 - 577.33	426.83	46.3%
DCF (EBITDA Exit 10Y)	287.82 - 556.64	407.07	39.5%
Peter Lynch Fair Value	129.98 - 129.98	129.98	-55.46%
P/E Multiples	164.4 - 438.6	269.67	-7.6%
EV/EBITDA Multiples	113.11 - 658.27	361.47	23.9%
Dividend Discount Model - Stable	63.52 - 211.62	137.57	-52.9%
Dividend Discount Model - Multi Stages	244.92 - 573.85	336.87	15.4%

APD Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Linde PLC	330.53 - 1,189.99	518.97	9.1%
Sherwin-Williams Co	268.41 - 693.22	389.19	9.9%
PPG Industries Inc	90.15 - 187.25	122.77	3.8%
International Flavors & Fragrances Inc	69.03 - 223.09	111.63	46.2%
CF Industries Holdings Inc	100.01 - 160.36	123.29	30.3%
RPM International Inc	80.27 - 199.74	115.41	1.8%
Mosaic Co	36.36 - 60.86	46.02	23.5%
Westlake Chemical Corp	70.58 - 230.36	109.96	35.6%
Eastman Chemical Co	84.89 - 145.28	108.62	36.5%
Albemarle Corp	16.71 - 34.01	22.37	-66.7%

APD Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	64,946
Beta	0.81
Outstanding shares (mil)	223
Enterprise Value (mil)	79,313

Market risk premium	5.1%
Cost of Equity	8.25%
Cost of Debt	4.25%
WACC	7.4%