WallStSmart

Linde plc Ordinary Shares (LIN)vsTitan America SA (TTAM)

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Smart Verdict

WallStSmart Research — data-driven comparison

Linde plc Ordinary Shares generates 1942% more annual revenue ($33.99B vs $1.66B). LIN leads profitability with a 20.3% profit margin vs 11.1%. TTAM trades at a lower P/E of 16.1x. LIN earns a higher WallStSmart Score of 56/100 (C).

LIN

Buy

56

out of 100

Grade: C

Growth: 4.0Profit: 8.0Value: 3.3Quality: 4.0
Piotroski: 3/9Altman Z: 1.49

TTAM

Buy

53

out of 100

Grade: C-

Growth: 5.3Profit: 7.0Value: 7.0Quality: 6.8
Piotroski: 5/9Altman Z: 2.83
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Intrinsic Value Comparison

Multi-model valuation · Graham Formula

LINSignificantly Overvalued (-46.4%)

Margin of Safety

-46.4%

Fair Value

$347.07

Current Price

$501.14

$154.07 premium

UndervaluedFair: $347.07Overvalued
TTAMUndervalued (+19.8%)

Margin of Safety

+19.8%

Fair Value

$23.29

Current Price

$16.49

$6.80 discount

UndervaluedFair: $23.29Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

LIN4 strengths · Avg: 8.8/10
Market CapQuality
$232.23B10/10

Mega-cap, among the largest globally

Profit MarginProfitability
20.3%9/10

Keeps 20 of every $100 in revenue as profit

Operating MarginProfitability
28.2%8/10

Strong operational efficiency at 28.2%

Free Cash FlowQuality
$1.57B8/10

Generating 1.6B in free cash flow

TTAM3 strengths · Avg: 8.3/10
Return on EquityProfitability
20.8%9/10

Every $100 of equity generates 21 in profit

P/E RatioValuation
16.1x8/10

Attractively priced relative to earnings

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

Areas to Watch

LIN4 concerns · Avg: 3.3/10
PEG RatioValuation
2.374/10

Expensive relative to growth rate

P/E RatioValuation
34.3x4/10

Premium valuation, high expectations priced in

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-9.4%2/10

Earnings declined 9.4%

TTAM1 concerns · Avg: 4.0/10
Revenue GrowthGrowth
4.1%4/10

4.1% revenue growth

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 20.3% and operating margin at 28.2%.

Bull Case : TTAM

The strongest argument for TTAM centers on Return on Equity, P/E Ratio, Price/Book.

Bear Case : LIN

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

Bear Case : TTAM

The primary concerns for TTAM are Revenue Growth.

Key Dynamics to Monitor

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

LIN is growing revenue faster at 5.8% — sustainability is the question.

LIN generates stronger free cash flow (1.6B), providing more financial flexibility.

Monitor SPECIALTY CHEMICALS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

LIN scores higher overall (56/100 vs 53/100), backed by strong 20.3% margins. TTAM offers better value entry with a 19.8% margin of safety. 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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Titan America SA

BASIC MATERIALS · BUILDING MATERIALS · USA

Titan America SA (TTAM) is a leading manufacturer and supplier of cement and construction materials in the United States, committed to delivering sustainable building solutions while prioritizing environmental responsibility. With strategically located facilities, TTAM enhances distribution efficiency and was well-prepared to capitalize on the growing demand driven by substantial infrastructure investments. Emphasizing advanced technologies in its operations, the company not only boosts production efficiency but also reinforces its competitive edge. As the construction sector continues to evolve, TTAM stands poised for significant growth and enduring success in the marketplace.

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