ALTO vs LIN vs IFF Stock Comparison

Alto Ingredients, Linde and International Flavors & Fragrances Prices as of Oct 26, 2026 Peers: Industry group
ALTO Alto Ingredients, Inc.
$3.66 -1.9% 1M +235.8% 1Y
Market cap
$274.38M
P/E
5.4x
Revenue (TTM)
$943.33M
Div. yield
–
Specialty Chemicals Basic Materials
5 wins
LIN Linde Plc
$507.56 +8.0% 1M +13.8% 1Y
Market cap
$234.47B
P/E
32.4x
Revenue (TTM)
$35.45B
Div. yield
0.01%
Industrial Gases Basic Materials
6 wins

Head to Head

12 decided of 12

Linde leads on 6 of the 12 questions below (Linde 6, Alto Ingredients 5, International Flavors & Fragrances 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionALTOLINIFFLeader
Larger companyMarket capitalisation $274.38M $234.47B $23.74B LIN
Cheaper on earningsLower P/E, profitable companies only 5.4x 32.4x 34.1x ALTO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.9x 30.3x 28.6x ALTO
Faster revenue growthRevenue growth, trailing twelve months +1.1% +6.6% -4.6% LIN
More profitableNet margin, trailing twelve months 5.4% 20.4% 7.0% LIN
Better return on capitalReturn on invested capital — 10.8% 3.0% LIN
Less leveragedLower net debt / EBITDA 0.6x 1.8x 3.0x ALTO
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.02% IFF
Better 1-year returnPrice return, last 12 months +235.8% +13.8% +42.1% ALTO
Better 5-year returnAnnualised price return, 5 years -6.5%/yr +9.7%/yr -8.8%/yr LIN
Less volatileAnnualised volatility, 1 year 86.6% 19.2% 35.1% LIN
Higher overall scoreMean of the five percentile scores vs peers 85/100 59/100 50/100 ALTO

Percentile Scorecard

ALTOLINIFF

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisALTOLINIFF
Valuation 100 #1 of 94 20 #75 of 94 42 #55 of 94
Growth 96 #5 of 92 66 #32 of 92 81 #18 of 92
Profitability 66 #31 of 89 94 #6 of 89 57 #39 of 89
Financial Health 80 #20 of 97 52 #47 of 97 44 #55 of 97
Shareholder Returns – 64 #26 of 70 26 #52 of 70
Overall 85 59 50
  • ALTO ranked among 99 companies in Chemicals
  • LIN ranked among 99 companies in Chemicals
  • IFF ranked among 99 companies in Chemicals

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodALTOLINIFFSPY
1 month -1.9%+8.0%+9.3% -0.8%
3 months -18.7%+0.1%+22.6% +3.5%
6 months -33.3%-0.6%+32.0% +7.0%
Year to date +27.1%+19.0%+39.0% +12.2%
1 year +235.8%+13.8%+42.1% +13.0%
3 years -5.2%+37.0%+38.1% +86.3%
3 years, per year -1.8%+11.1%+11.4% +23.1%
5 years -28.5%+59.1%-36.8% +68.6%
5 years, per year -6.5%+9.7%-8.8% +11.0%
10 years -50.5%+328.1%-29.1% +258.0%
10 years, per year -6.8%+15.7%-3.4% +13.6%

Risk

MeasureALTOLINIFFSPY
Volatility, 1Y 86.6%19.2%35.1% 12.7%
Downside volatility, 1Y 68.2%19.6%28.7% 12.7%
Beta vs S&P 500, 1Y 0.310.050.68 1.00
Return / volatility, 1Y 2.720.721.20 1.02
Max drawdown, 5Y -89.1%-23.7%-61.1% -25.4%
From 52-week high -38.9%-7.1%-0.5% -1.8%
52-week high $5.99$546.64$94.13 $779.14
52-week low $1.01$389.38$61.49 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleALTOLINIFF
P/E now vs peer median 5.5xmedian 21.6x 32.4xmedian 21.6x 34.3xmedian 21.6x
P/S now vs peer median 0.3xmedian 1.4x 6.6xmedian 1.4x 2.4xmedian 1.4x
EV/EBITDA now vs peer median 5.2xmedian 12.4x 19.5xmedian 12.4x 17.1xmedian 12.4x
P/FCF now vs peer median 5.7xmedian 15.8x 47.0xmedian 15.8x 44.3xmedian 15.8x
P/B now vs peer median 1.1xmedian 1.6x 5.8xmedian 1.6x 1.7xmedian 1.6x
PEG now vs peer median 0.14median 1.66 3.06median 1.66 1.06median 1.66

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsALTOLINIFF
Revenue $943.33M $35.45B $9.98B
Gross profit $64.51M $17.14B $3.74B
Operating income $35.61M $9.38B $754.00M
Net income $51.99M $7.26B $295.00M
Free cash flow $49.94M $4.98B $540.00M
R&D – $146.00M $684.00M
EPS (diluted) $0.66 $15.59 $2.71
Cash & equivalents $23.96M $4.90B $569.00M
Total debt $60.47M $28.01B $5.70B
Shares (diluted) 77.07M 464.52M 257.00M
Enterprise value $174.18M $216.05B $21.40B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricALTOLINIFF
P/E 5.5x 32.4x 34.3x
P/FCF 5.7x 47.0x 44.3x
P/Operating cash flow 4.4x 22.3x 20.6x
P/S 0.3x 6.6x 2.4x
P/B 1.1x 5.8x 1.7x
P/Tangible book 1.1x 8.1x 2.3x
EV/EBITDA 5.2x 19.5x 17.1x
EV/EBIT 9.0x 27.4x 38.5x
EV/Revenue 0.3x 7.3x 2.9x
EV/FCF 6.4x 51.7x 53.8x
EV/Operating cash flow 4.9x 24.5x 25.0x
PEG (3Y EPS CAGR) 0.14 3.06 1.06

Growth

14 metrics
MetricALTOLINIFF
Revenue growth (1Y) 1.1% 6.6% -4.6%
Revenue CAGR (3Y) -10.1% 2.3% -5.6%
Gross profit growth (1Y) 7,720% 6.4% -3.8%
Gross profit CAGR (3Y) 63.6% 5.4% -0.2%
Operating income growth (1Y) 162.4% 5.4% 295.8%
Operating income CAGR (3Y) 37.3% 9.0% 35.2%
Net income growth (1Y) 177.8% 8.1% 170.2%
Net income CAGR (3Y) 40.6% 8.2% 28.8%
EPS growth (1Y) 172.1% 10.0% 900.0%
EPS CAGR (3Y) 39.5% 10.6% 32.3%
Operating cash flow growth (1Y) 731.1% 5.8% 5.4%
Operating cash flow CAGR (3Y) 63.4% 6.1% 12.2%
Free cash flow growth (1Y) 481.7% -1.9% -4.4%
Free cash flow CAGR (3Y) 38.9% -2.7% 26.8%

Profitability

14 metrics
MetricALTOLINIFF
Gross margin 6.8% 48.3% 37.5%
EBITDA margin 6.6% 37.2% 17.1%
Operating margin 3.8% 26.5% 7.6%
Pretax margin 5.4% 26.4% 3.5%
Net margin 5.4% 20.4% 7.0%
FCF margin 5.3% 14.0% 5.4%
Operating cash flow margin 6.9% 29.6% 11.6%
Return on equity 20.2% 18.3% 2.1%
Return on assets 13.1% 8.4% 1.2%
Return on invested capital – 10.8% 3.0%
Return on capital employed 10.4% 13.2% 3.6%
Asset turnover 2.4x 0.4x 0.4x
Cash conversion (OCF / net income) 1.3x 1.4x 3.9x
Stock comp / revenue 0.3% 0.4% 0.9%

Financial Health

11 metrics
MetricALTOLINIFF
Debt / assets 15.2% 31.7% 22.7%
Debt / equity 0.2x 0.7x 0.4x
Net debt / EBITDA 0.6x 1.8x 3.0x
Debt / FCF 1.2x 5.6x 10.6x
Liabilities / assets 34.6% 54.0% 44.3%
Equity / assets 65.4% 46.0% 55.7%
Interest coverage 3.8x 37.4x 4.0x
Current ratio 3.2x 0.9x 2.1x
Quick ratio 1.8x 0.7x 0.5x
Cash ratio 0.5x 0.3x 0.1x
Altman Z-score 1.44 3.96 1.82

Shareholder Returns

7 metrics
MetricALTOLINIFF
Dividend yield – 1.2% 1.7%
Net buyback yield – 1.7% 0.3%
Shareholder yield – 3.0% 2.0%
Payout ratio (earnings) – 39.7% 138.6%
Payout ratio (FCF) – 57.8% 75.7%
Dividend growth (1Y) – 5.3% 0.0%
Dividend CAGR (3Y) – 6.1% -20.7%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusALTOLINIFF
Forward P/E 9.9xFY2026 30.3xFY2026 28.6xFY2026
EPS, next fiscal year $0.37FY2026 $16.73FY2026 $3.28FY2026
EPS growth, next FY +131.3%FY2026 +1.7%FY2026 -21.9%FY2026
EPS growth, the year after -16.2% +14.2% +23.5%
Revenue, next fiscal year $1.00BFY2026 $38.84BFY2026 $8.10BFY2026
Revenue growth, next FY +9.1%FY2026 +14.3%FY2026 -25.7%FY2026
Revenue growth, the year after +1.1% -4.2% -8.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersALTOLINIFF
Held by institutions 46.3% 85.2% 100.0%
Institutions holding 134 2,321 753
Change in shares held, QoQ +14.2% +4.2% +6.0%
Institutions buying 97 1,213 410
Institutions selling 25 764 226
Buyers to sellers 3.88 1.59 1.81

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ALTOLINIFF
ALTO 1.00 -0.06 -0.09
LIN -0.06 1.00 0.30
IFF -0.09 0.30 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ALTO, LIN and IFF?

Linde (LIN) is the largest by market capitalisation: Alto Ingredients (ALTO) $274.38M, Linde (LIN) $234.47B, International Flavors & Fragrances (IFF) $23.74B.

Which stock is cheaper, ALTO, LIN and IFF?

Alto Ingredients (ALTO) trades on the lowest price-to-earnings ratio (Alto Ingredients (ALTO) 5.4x, Linde (LIN) 32.4x, International Flavors & Fragrances (IFF) 34.1x). On next year's consensus earnings, Alto Ingredients (ALTO) is cheapest (Alto Ingredients (ALTO) 9.9x, Linde (LIN) 30.3x, International Flavors & Fragrances (IFF) 28.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Linde (LIN) grew revenue fastest over the trailing twelve months: Alto Ingredients (ALTO) +1.1%, Linde (LIN) +6.6%, International Flavors & Fragrances (IFF) -4.6%.

Which company is more profitable?

Linde (LIN) has the highest net margin (Alto Ingredients (ALTO) 5.4%, Linde (LIN) 20.4%, International Flavors & Fragrances (IFF) 7.0%). On return on invested capital, Linde (LIN) leads (Linde (LIN) 10.8%, International Flavors & Fragrances (IFF) 3.0%).

Which stock has performed better?

Over the past year Alto Ingredients (ALTO) returned the most: Alto Ingredients (ALTO) +235.8%, Linde (LIN) +13.8%, International Flavors & Fragrances (IFF) +42.1%. Over five years, Linde (LIN) compounded fastest (Alto Ingredients (ALTO) -6.5%/yr, Linde (LIN) +9.7%/yr, International Flavors & Fragrances (IFF) -8.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

International Flavors & Fragrances (IFF) has the highest dividend yield: Alto Ingredients (ALTO) 0.00%, Linde (LIN) 0.01%, International Flavors & Fragrances (IFF) 0.02%. Alto Ingredients (ALTO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Linde (LIN) has been the steadiest (Alto Ingredients (ALTO) 86.6%, Linde (LIN) 19.2%, International Flavors & Fragrances (IFF) 35.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ALTO, LIN and IFF?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Linde (LIN) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.