WallStSmart

Linde plc Ordinary Shares (LIN)vsIngevity Corp (NGVT)

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Smart Verdict

WallStSmart Research — data-driven comparison

Linde plc Ordinary Shares generates 2955% more annual revenue ($35.45B vs $1.16B). LIN leads profitability with a 20.4% profit margin vs 4.7%. LIN appears more attractively valued with a PEG of 1.79. LIN earns a higher WallStSmart Score of 64/100 (C+).

LIN

Buy

64

out of 100

Grade: C+

Growth: 5.3Profit: 8.0Value: 4.0Quality: 4.0
Piotroski: 3/9Altman Z: 1.49

NGVT

Buy

57

out of 100

Grade: C

Growth: 4.7Profit: 6.0Value: 2.7Quality: 5.0
Piotroski: 6/9Altman Z: 1.01
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

LINSignificantly Overvalued (-50.9%)

Margin of Safety

-50.9%

Fair Value

$308.97

Current Price

$466.22

$157.25 premium

UndervaluedFair: $308.97Overvalued
NGVTSignificantly Overvalued (-64.6%)

Margin of Safety

-64.6%

Fair Value

$45.52

Current Price

$69.41

$23.89 premium

UndervaluedFair: $45.52Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

LIN3 strengths · Avg: 9.0/10
Market CapQuality
$214.92B10/10

Mega-cap, among the largest globally

Profit MarginProfitability
20.4%9/10

Keeps 20 of every $100 in revenue as profit

Operating MarginProfitability
28.1%8/10

Strong operational efficiency at 28.1%

NGVT2 strengths · Avg: 9.0/10
EPS GrowthGrowth
199.0%10/10

Earnings expanding 199.0% YoY

Operating MarginProfitability
29.9%8/10

Strong operational efficiency at 29.9%

Areas to Watch

LIN4 concerns · Avg: 3.3/10
PEG RatioValuation
1.794/10

Expensive relative to growth rate

P/E RatioValuation
29.8x4/10

Moderate valuation

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Altman Z-ScoreHealth
1.492/10

Distress zone — elevated risk

NGVT4 concerns · Avg: 2.8/10
PEG RatioValuation
2.414/10

Expensive relative to growth rate

Profit MarginProfitability
4.7%3/10

4.7% margin — thin

P/E RatioValuation
99.3x2/10

Premium valuation, high expectations priced in

Price/BookValuation
51.0x2/10

Trading at 51.0x book value

Comparative Analysis Report

WallStSmart Research

Bull Case : LIN

The strongest argument for LIN centers on Market Cap, Profit Margin, Operating Margin. Profitability is solid with margins at 20.4% and operating margin at 28.1%.

Bull Case : NGVT

The strongest argument for NGVT centers on EPS Growth, Operating Margin.

Bear Case : LIN

The primary concerns for LIN are PEG Ratio, P/E Ratio, Piotroski F-Score.

Bear Case : NGVT

The primary concerns for NGVT are PEG Ratio, Profit Margin, P/E Ratio. A P/E of 99.3x leaves little room for execution misses. Debt-to-equity of 26.36 is elevated, increasing financial risk.

Key Dynamics to Monitor

LIN profiles as a mature stock while NGVT is a value play — different risk/reward profiles.

NGVT carries more volatility with a beta of 1.17 — expect wider price swings.

LIN is growing revenue faster at 9.3% — sustainability is the question.

LIN generates stronger free cash flow (833M), providing more financial flexibility.

Bottom Line

LIN scores higher overall (64/100 vs 57/100), backed by strong 20.4% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Linde plc Ordinary Shares

BASIC MATERIALS · SPECIALTY CHEMICALS · USA

Linde plc is a multinational chemical company. It is the largest industrial gas company by market share and revenue. It serves customers in the healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, electronics and water treatment industries. The company's primary business is the manufacturing and distribution of atmospheric gases, including oxygen, nitrogen, argon, rare gases, and process gases, including carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

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Ingevity Corp

BASIC MATERIALS · SPECIALTY CHEMICALS · USA

Ingevity Corporation manufactures and sells specialty chemicals and activated carbon materials in North America, Asia-Pacific, Europe, the Middle East, Africa, and South America. The company is headquartered in North Charleston, South Carolina.

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