SweetValueLab
Write for us

Air Products and Chemicals, Inc. — Intrinsic Value & Fair Price

APD
NYSEBasic MaterialsChemicals - SpecialtyCIK 0000002969airproducts.comAbout APD
Valuation grade ?–not graded
Quant grade ?B
Last close · Oct 30, 2026316.43+4.68 (+1.50%)

Valuation models

price $316.43 · as of Nov 2, 2026
EV/Revenue · peersused220.19 – 341.65280.9213% overvaluedWall St. consensus target—324.502% belowCost of capital (WACC)—7.48%—

EV/Revenue · peers leads because DCF · Perpetuity growth · 5y could not lead: the cash-flow gate is shut (an operating loss, or three years of free cash flow summing below zero); P/E · peers does not describe this kind of business; EV/EBITDA · peers could not run on the filed statements. How the headline model is chosen.

engine build:07a9d3f952ed
Model value · EV/Revenue · peers
280.92
Air Products closed at $316.43 — overvalued by 13% vs model.
220.19the model's range341.65

EV/Revenue · peers leads because DCF · Perpetuity growth · 5y could not lead: the cash-flow gate is shut (an operating loss, or three years of free cash flow summing below zero); P/E · peers does not describe this kind of business; EV/EBITDA · peers could not run on the filed statements. From its peers' median EV/Revenue.

Other models
—
Wall St. target
324.50 2% below
Above model, 1y
30 of 30 days

How it is valued

Valued asMature & stable
Revenue declining (~-2% recent)Currently unprofitablePays dividendsHighly cyclical earningsNegative free cash flow
What growth the price implies: the reverse DCF

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.