AIR FRANCE-KLM (1AF.MI) Stock Fundamental Analysis
Europe - BIT:1AF - FR001400J770 - Common Stock
11.955 EUR
+0.17 (+1.44%)
Overall 1AF gets a fundamental rating of 3 out of 10. We evaluated 1AF against 11 industry peers in the Passenger Airlines industry. Both the profitability and financial health of 1AF have multiple concerns. A decent growth rate in combination with a cheap valuation! Better keep an eye on 1AF.
1. Profitability
1.1 Basic Checks
In the past year 1AF was profitable.
1AF had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: 1AF reported negative net income in multiple years.
1AF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
1AF's Return On Assets of 2.57% is on the low side compared to the rest of the industry. 1AF is outperformed by 83.33% of its industry peers.
With a Return On Invested Capital value of 8.30%, 1AF perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for 1AF is below the industry average of 10.22%.
The 3 year average ROIC (6.06%) for 1AF is below the current ROIC(8.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.57% | ||
| ROE | N/A | ||
| ROIC | 8.3% |
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 3.03%, 1AF is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of 1AF has declined.
1AF has a Operating Margin (6.11%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of 1AF has grown nicely.
The Gross Margin of 1AF (45.70%) is comparable to the rest of the industry.
1AF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.11% | ||
| PM (TTM) | 3.03% | ||
| GM | 45.7% |
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
1AF has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for 1AF remains at a similar level compared to 1 year ago.
The number of shares outstanding for 1AF has been increased compared to 5 years ago.
Compared to 1 year ago, 1AF has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.47, we must say that 1AF is in the distress zone and has some risk of bankruptcy.
1AF has a Altman-Z score of 0.47. This is comparable to the rest of the industry: 1AF outperforms 41.67% of its industry peers.
The Debt to FCF ratio of 1AF is 15.85, which is on the high side as it means it would take 1AF, 15.85 years of fcf income to pay off all of its debts.
1AF has a Debt to FCF ratio of 15.85. This is in the lower half of the industry: 1AF underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 15.85 | ||
| Altman-Z | 0.47 |
ROIC/WACC1.36
WACC6.09%
2.3 Liquidity
1AF has a Current Ratio of 0.60. This is a bad value and indicates that 1AF is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of 1AF (0.60) is worse than 83.33% of its industry peers.
A Quick Ratio of 0.55 indicates that 1AF may have some problems paying its short term obligations.
The Quick ratio of 1AF (0.55) is worse than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 76.36% over the past year.
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 5.85% in the past year.
Measured over the past years, 1AF shows a small growth in Revenue. The Revenue has been growing by 2.96% on average per year.
EPS 1Y (TTM)76.36%
EPS 3YN/A
EPS 5Y-24.31%
EPS Q2Q%378.26%
Revenue 1Y (TTM)5.85%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%6.21%
3.2 Future
Based on estimates for the next years, 1AF will show a very strong growth in Earnings Per Share. The EPS will grow by 35.21% on average per year.
Based on estimates for the next years, 1AF will show a small growth in Revenue. The Revenue will grow by 3.08% on average per year.
EPS Next Y232.85%
EPS Next 2Y90.6%
EPS Next 3Y60.24%
EPS Next 5Y35.21%
Revenue Next Year6%
Revenue Next 2Y5.05%
Revenue Next 3Y5.25%
Revenue Next 5Y3.08%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
1AF is valuated cheaply with a Price/Earnings ratio of 3.23.
Based on the Price/Earnings ratio, 1AF is valued cheaper than 83.33% of the companies in the same industry.
1AF is valuated cheaply when we compare the Price/Earnings ratio to 26.35, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 2.89, which indicates a rather cheap valuation of 1AF.
Based on the Price/Forward Earnings ratio, 1AF is valued cheaper than 83.33% of the companies in the same industry.
1AF is valuated cheaply when we compare the Price/Forward Earnings ratio to 33.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.23 | ||
| Fwd PE | 2.89 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1AF indicates a slightly more expensive valuation: 1AF is more expensive than 66.67% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, 1AF is valued cheaper than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.5 | ||
| EV/EBITDA | 3.53 |
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 60.24% in the coming years.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y90.6%
EPS Next 3Y60.24%
5. Dividend
5.1 Amount
1AF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1AF (10/16/2025, 7:00:00 PM)
11.955
+0.17 (+1.44%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners12.75%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap3.14B
Revenue(TTM)32.46B
Net Income(TTM)985.00M
Analysts70
Price Target12.35 (3.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)-58.45%
DP0.2%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)77.54%
Min EPS beat(2)25.42%
Max EPS beat(2)129.67%
EPS beat(4)3
Avg EPS beat(4)50.51%
Min EPS beat(4)-13.15%
Max EPS beat(4)129.67%
EPS beat(8)5
Avg EPS beat(8)10.98%
EPS beat(12)8
Avg EPS beat(12)112.98%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.79%
Min Revenue beat(2)-2.99%
Max Revenue beat(2)-0.58%
Revenue beat(4)0
Avg Revenue beat(4)-1.49%
Min Revenue beat(4)-2.99%
Max Revenue beat(4)-0.23%
Revenue beat(8)0
Avg Revenue beat(8)-2.45%
Revenue beat(12)2
Avg Revenue beat(12)-1.65%
Revenue beat(16)4
Avg Revenue beat(16)-0.97%
PT rev (1m)-1.26%
PT rev (3m)41.7%
EPS NQ rev (1m)-4.79%
EPS NQ rev (3m)-0.18%
EPS NY rev (1m)0%
EPS NY rev (3m)6.98%
Revenue NQ rev (1m)-0.38%
Revenue NQ rev (3m)1.45%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.23 | ||
| Fwd PE | 2.89 | ||
| P/S | 0.1 | ||
| P/FCF | 3.5 | ||
| P/OCF | 0.64 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.53 |
EPS(TTM)3.7
EY30.95%
EPS(NY)4.14
Fwd EY34.64%
FCF(TTM)3.41
FCFY28.55%
OCF(TTM)18.54
OCFY155.12%
SpS123.55
BVpS-3.11
TBVpS-8.4
PEG (NY)0.01
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.57% | ||
| ROE | N/A | ||
| ROCE | 9.93% | ||
| ROIC | 8.3% | ||
| ROICexc | 8.3% | ||
| ROICexgc | 8.9% | ||
| OM | 6.11% | ||
| PM (TTM) | 3.03% | ||
| GM | 45.7% | ||
| FCFM | 2.76% |
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 | N/A | ||
| Debt/FCF | 15.85 | ||
| Debt/EBITDA | 2.5 | ||
| Cap/Depr | 143.07% | ||
| Cap/Sales | 12.25% | ||
| Interest Coverage | 2.9 | ||
| Cash Conversion | 102.31% | ||
| Profit Quality | 91.07% | ||
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 0.47 |
F-Score5
WACC6.09%
ROIC/WACC1.36
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)76.36%
EPS 3YN/A
EPS 5Y-24.31%
EPS Q2Q%378.26%
EPS Next Y232.85%
EPS Next 2Y90.6%
EPS Next 3Y60.24%
EPS Next 5Y35.21%
Revenue 1Y (TTM)5.85%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%6.21%
Revenue Next Year6%
Revenue Next 2Y5.05%
Revenue Next 3Y5.25%
Revenue Next 5Y3.08%
EBIT growth 1Y87.35%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year256.34%
EBIT Next 3Y60.78%
EBIT Next 5Y34.63%
FCF growth 1Y-25.56%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y18.39%
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 8 / 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 232.85% 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 0.2%.