AIR FRANCE-KLM (1AF.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1AF - FR001400J770 - Common Stock
11.36 EUR
+0.8 (+7.58%)
Taking everything into account, 1AF scores 3 out of 10 in our fundamental rating. 1AF was compared to 13 industry peers in the Passenger Airlines industry. 1AF has a bad profitability rating. Also its financial health evaluation is rather negative. 1AF scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year 1AF was profitable.
1AF had a positive operating cash flow in the past year.
In multiple years 1AF reported negative net income over the last 5 years.
1AF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of 1AF (2.46%) is worse than 80.00% of its industry peers.
1AF has a Return On Equity of 1248.68%. This is amongst the best in the industry. 1AF outperforms 86.67% of its industry peers.
1AF's Return On Invested Capital of 7.89% is on the low side compared to the rest of the industry. 1AF is outperformed by 60.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 1AF is below the industry average of 9.36%.
The 3 year average ROIC (6.06%) for 1AF is below the current ROIC(7.89%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.46% | ||
| ROE | 1248.68% | ||
| ROIC | 7.89% |
ROA(3y)1.58%
ROA(5y)-6%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)6.06%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 2.90%, 1AF is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of 1AF has declined.
With a Operating Margin value of 6.12%, 1AF is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
1AF's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 45.30%, 1AF is doing worse than 60.00% of the companies in the same industry.
In the last couple of years the Gross Margin of 1AF has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.12% | ||
| PM (TTM) | 2.9% | ||
| GM | 45.3% |
OM growth 3YN/A
OM growth 5Y3.22%
PM growth 3YN/A
PM growth 5Y-5.03%
GM growth 3Y0.72%
GM growth 5Y-1.01%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1AF is still creating some value.
1AF has about the same amout of shares outstanding than it did 1 year ago.
1AF has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, 1AF has a worse debt to assets ratio.
2.2 Solvency
1AF has an Altman-Z score of 0.55. This is a bad value and indicates that 1AF is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.55, 1AF is doing worse than 66.67% of the companies in the same industry.
The Debt to FCF ratio of 1AF is 17.97, which is on the high side as it means it would take 1AF, 17.97 years of fcf income to pay off all of its debts.
1AF has a worse Debt to FCF ratio (17.97) than 80.00% of its industry peers.
A Debt/Equity ratio of 163.37 is on the high side and indicates that 1AF has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 163.37, 1AF is doing worse than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 163.37 | ||
| Debt/FCF | 17.97 | ||
| Altman-Z | 0.55 |
ROIC/WACC1.32
WACC5.99%
2.3 Liquidity
1AF has a Current Ratio of 0.65. This is a bad value and indicates that 1AF is not financially healthy enough and could expect problems in meeting its short term obligations.
1AF has a Current ratio of 0.65. This is in the lower half of the industry: 1AF underperforms 73.33% of its industry peers.
1AF has a Quick Ratio of 0.65. This is a bad value and indicates that 1AF is not financially healthy enough and could expect problems in meeting its short term obligations.
1AF's Quick ratio of 0.60 is on the low side compared to the rest of the industry. 1AF is outperformed by 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
1AF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 209.52%, which is quite impressive.
Measured over the past years, 1AF shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.31% on average per year.
The Revenue has been growing slightly by 5.52% in the past year.
The Revenue has been growing slightly by 2.96% on average over the past years.
EPS 1Y (TTM)209.52%
EPS 3YN/A
EPS 5Y-24.31%
EPS Q2Q%-15.15%
Revenue 1Y (TTM)5.52%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%2.61%
3.2 Future
1AF is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 36.10% yearly.
The Revenue is expected to grow by 3.50% on average over the next years.
EPS Next Y221.56%
EPS Next 2Y84.38%
EPS Next 3Y59%
EPS Next 5Y36.1%
Revenue Next Year5.31%
Revenue Next 2Y4.8%
Revenue Next 3Y5.05%
Revenue Next 5Y3.5%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 3.50 indicates a rather cheap valuation of 1AF.
Based on the Price/Earnings ratio, 1AF is valued cheaper than 86.67% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.61, 1AF is valued rather cheaply.
The Price/Forward Earnings ratio is 2.93, which indicates a rather cheap valuation of 1AF.
86.67% of the companies in the same industry are more expensive than 1AF, based on the Price/Forward Earnings ratio.
1AF's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.5 | ||
| Fwd PE | 2.93 |
4.2 Price Multiples
1AF's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, 1AF is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.59 | ||
| EV/EBITDA | 3.66 |
4.3 Compensation for Growth
1AF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as 1AF's earnings are expected to grow with 59.00% in the coming years.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y84.38%
EPS Next 3Y59%
5. Dividend
5.1 Amount
1AF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BIT:1AF (12/1/2025, 7:00:00 PM)
11.36
+0.8 (+7.58%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners13.14%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap2.99B
Revenue(TTM)32.70B
Net Income(TTM)949.00M
Analysts68.8
Price Target11.74 (3.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend0
Dividend Growth(5Y)-58.45%
DP0.11%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)60.25%
Min EPS beat(2)-9.17%
Max EPS beat(2)129.67%
EPS beat(4)3
Avg EPS beat(4)51.5%
Min EPS beat(4)-9.17%
Max EPS beat(4)129.67%
EPS beat(8)4
Avg EPS beat(8)9.32%
EPS beat(12)7
Avg EPS beat(12)93.85%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-3.78%
Min Revenue beat(2)-4.58%
Max Revenue beat(2)-2.99%
Revenue beat(4)0
Avg Revenue beat(4)-2.09%
Min Revenue beat(4)-4.58%
Max Revenue beat(4)-0.23%
Revenue beat(8)0
Avg Revenue beat(8)-2.46%
Revenue beat(12)1
Avg Revenue beat(12)-2.09%
Revenue beat(16)4
Avg Revenue beat(16)-1.15%
PT rev (1m)-4.96%
PT rev (3m)-2.05%
EPS NQ rev (1m)15.04%
EPS NQ rev (3m)29.74%
EPS NY rev (1m)-3.39%
EPS NY rev (3m)-6.99%
Revenue NQ rev (1m)0.96%
Revenue NQ rev (3m)0.96%
Revenue NY rev (1m)-0.65%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.5 | ||
| Fwd PE | 2.93 | ||
| P/S | 0.09 | ||
| P/FCF | 3.59 | ||
| P/OCF | 0.6 | ||
| P/B | 39.28 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.66 |
EPS(TTM)3.25
EY28.61%
EPS(NY)3.88
Fwd EY34.11%
FCF(TTM)3.16
FCFY27.84%
OCF(TTM)18.91
OCFY166.46%
SpS124.44
BVpS0.29
TBVpS-5
PEG (NY)0.02
PEG (5Y)N/A
Graham Number4.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.46% | ||
| ROE | 1248.68% | ||
| ROCE | 9.2% | ||
| ROIC | 7.89% | ||
| ROICexc | 7.89% | ||
| ROICexgc | 8.43% | ||
| OM | 6.12% | ||
| PM (TTM) | 2.9% | ||
| GM | 45.3% | ||
| FCFM | 2.54% |
ROA(3y)1.58%
ROA(5y)-6%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)6.06%
ROIC(5y)N/A
ROICexc(3y)9.52%
ROICexc(5y)N/A
ROICexgc(3y)10.72%
ROICexgc(5y)N/A
ROCE(3y)7.14%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y5.52%
ROICexc growth 3YN/A
ROICexc growth 5Y5.83%
OM growth 3YN/A
OM growth 5Y3.22%
PM growth 3YN/A
PM growth 5Y-5.03%
GM growth 3Y0.72%
GM growth 5Y-1.01%
F-Score5
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 163.37 | ||
| Debt/FCF | 17.97 | ||
| Debt/EBITDA | 2.53 | ||
| Cap/Depr | 142.84% | ||
| Cap/Sales | 12.65% | ||
| Interest Coverage | 2.96 | ||
| Cash Conversion | 101.43% | ||
| Profit Quality | 87.57% | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 0.55 |
F-Score5
WACC5.99%
ROIC/WACC1.32
Cap/Depr(3y)135.34%
Cap/Depr(5y)114.46%
Cap/Sales(3y)11.65%
Cap/Sales(5y)13.85%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)209.52%
EPS 3YN/A
EPS 5Y-24.31%
EPS Q2Q%-15.15%
EPS Next Y221.56%
EPS Next 2Y84.38%
EPS Next 3Y59%
EPS Next 5Y36.1%
Revenue 1Y (TTM)5.52%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%2.61%
Revenue Next Year5.31%
Revenue Next 2Y4.8%
Revenue Next 3Y5.05%
Revenue Next 5Y3.5%
EBIT growth 1Y118.32%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year254.68%
EBIT Next 3Y61.11%
EBIT Next 5Y35.32%
FCF growth 1Y36.01%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y30.25%
OCF growth 3Y31.6%
OCF growth 5Y-2.14%
AIR FRANCE-KLM / 1AF.MI FAQ
What is the ChartMill fundamental rating of AIR FRANCE-KLM (1AF.MI) stock?
ChartMill assigns a fundamental rating of 3 / 10 to 1AF.MI.
Can you provide the valuation status for AIR FRANCE-KLM?
ChartMill assigns a valuation rating of 9 / 10 to AIR FRANCE-KLM (1AF.MI). This can be considered as Undervalued.
Can you provide the profitability details for AIR FRANCE-KLM?
AIR FRANCE-KLM (1AF.MI) has a profitability rating of 3 / 10.
What is the expected EPS growth for AIR FRANCE-KLM (1AF.MI) stock?
The Earnings per Share (EPS) of AIR FRANCE-KLM (1AF.MI) is expected to grow by 221.56% in the next year.
Can you provide the dividend sustainability for 1AF stock?
The dividend rating of AIR FRANCE-KLM (1AF.MI) is 0 / 10 and the dividend payout ratio is 0.11%.