AIR FRANCE-KLM (1AF.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1AF - FR001400J770 - Common Stock
10.59 EUR
-1.22 (-10.33%)
We assign a fundamental rating of 4 out of 10 to 1AF. 1AF was compared to 14 industry peers in the Passenger Airlines industry. 1AF has a medium profitability rating, but doesn't score so well on its financial health evaluation. 1AF is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
- 1AF had positive earnings in the past year.
- In the past year 1AF had a positive cash flow from operations.
- 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
- With a Return On Assets value of 2.46%, 1AF is not doing good in the industry: 72.22% of the companies in the same industry are doing better.
- 1AF's Return On Equity of 1248.68% is amongst the best of the industry. 1AF outperforms 88.89% of its industry peers.
- With a Return On Invested Capital value of 7.89%, 1AF perfoms like the industry average, outperforming 44.44% 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 9.24%.
- The last Return On Invested Capital (7.89%) for 1AF is above the 3 year average (6.06%), which is a sign of increasing profitability.
| 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: 72.22% 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: 61.11% of the companies in the same industry are doing better.
- In the last couple of years the Operating Margin of 1AF has grown nicely.
- 1AF has a worse Gross Margin (45.30%) than 66.67% of its industry peers.
- 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.
- Compared to 1 year ago, 1AF has about the same amount of shares outstanding.
- 1AF has more shares outstanding than it did 5 years ago.
- 1AF has a worse debt/assets ratio than last year.
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.
- 1AF's Altman-Z score of 0.55 is on the low side compared to the rest of the industry. 1AF is outperformed by 61.11% of its industry peers.
- 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 Debt to FCF ratio of 17.97. This is in the lower half of the industry: 1AF underperforms 72.22% 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.
- The Debt to Equity ratio of 1AF (163.37) is worse than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 163.37 | ||
| Debt/FCF | 17.97 | ||
| Altman-Z | 0.55 |
ROIC/WACC1.3
WACC6.07%
2.3 Liquidity
- A Current Ratio of 0.65 indicates that 1AF may have some problems paying its short term obligations.
- The Current ratio of 1AF (0.65) is worse than 66.67% 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 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 209.52% over the past year.
- The earnings per share for 1AF have been decreasing by -24.31% on average. This is quite bad
- 1AF shows a small growth in Revenue. In the last year, the Revenue has grown by 5.52%.
- 1AF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.96% yearly.
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 35.70% yearly.
- Based on estimates for the next years, 1AF will show a small growth in Revenue. The Revenue will grow by 3.20% on average per year.
EPS Next Y227.2%
EPS Next 2Y88.22%
EPS Next 3Y62.58%
EPS Next 5Y35.7%
Revenue Next Year5.04%
Revenue Next 2Y4.73%
Revenue Next 3Y5.06%
Revenue Next 5Y3.2%
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
- 1AF is valuated cheaply with a Price/Earnings ratio of 3.26.
- 88.89% of the companies in the same industry are more expensive than 1AF, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 27.38, 1AF is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 2.62, the valuation of 1AF can be described as very cheap.
- 1AF's Price/Forward Earnings ratio is rather cheap when compared to the industry. 1AF is cheaper than 88.89% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of 1AF to the average of the S&P500 Index (24.29), we can say 1AF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.26 | ||
| Fwd PE | 2.62 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, 1AF is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, 1AF is valued cheaper than 88.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.35 | ||
| EV/EBITDA | 3.69 |
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.
- 1AF's earnings are expected to grow with 62.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y88.22%
EPS Next 3Y62.58%
5. Dividend
5.1 Amount
- No dividends for 1AF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BIT:1AF (1/19/2026, 7:00:00 PM)
10.59
-1.22 (-10.33%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)02-19 2026-02-19/amc
Inst Owners16.12%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap2.78B
Revenue(TTM)32.70B
Net Income(TTM)949.00M
Analysts69.6
Price Target11.74 (10.86%)
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)-0.04%
PT rev (3m)-5%
EPS NQ rev (1m)143.11%
EPS NQ rev (3m)136.63%
EPS NY rev (1m)1.75%
EPS NY rev (3m)-1.7%
Revenue NQ rev (1m)-0.79%
Revenue NQ rev (3m)0.17%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-0.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.26 | ||
| Fwd PE | 2.62 | ||
| P/S | 0.09 | ||
| P/FCF | 3.35 | ||
| P/OCF | 0.56 | ||
| P/B | 36.61 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.69 |
EPS(TTM)3.25
EY30.69%
EPS(NY)4.04
Fwd EY38.14%
FCF(TTM)3.16
FCFY29.86%
OCF(TTM)18.91
OCFY178.57%
SpS124.44
BVpS0.29
TBVpS-5
PEG (NY)0.01
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
WACC6.07%
ROIC/WACC1.3
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 Y227.2%
EPS Next 2Y88.22%
EPS Next 3Y62.58%
EPS Next 5Y35.7%
Revenue 1Y (TTM)5.52%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%2.61%
Revenue Next Year5.04%
Revenue Next 2Y4.73%
Revenue Next 3Y5.06%
Revenue Next 5Y3.2%
EBIT growth 1Y118.32%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year257.06%
EBIT Next 3Y61.49%
EBIT Next 5Y34.93%
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 4 / 10 to 1AF.MI.
What is the valuation status of AIR FRANCE-KLM (1AF.MI) stock?
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 4 / 10.
What are the PE and PB ratios of AIR FRANCE-KLM (1AF.MI) stock?
The Price/Earnings (PE) ratio for AIR FRANCE-KLM (1AF.MI) is 3.26 and the Price/Book (PB) ratio is 36.61.
Can you provide the financial health for 1AF stock?
The financial health rating of AIR FRANCE-KLM (1AF.MI) is 0 / 10.