AIR FRANCE-KLM (1AF.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1AF - FR001400J770 - Common Stock
11.81 EUR
+1.25 (+11.84%)
1AF gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 14 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
1AF had positive earnings in the past year.
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.
Of the past 5 years 1AF 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.46%, 1AF is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
The Return On Equity of 1AF (1248.68%) is better than 86.67% of its industry peers.
1AF has a worse Return On Invested Capital (7.89%) than 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 9.01%.
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
The Profit Margin of 1AF (2.90%) is worse than 80.00% of its industry peers.
1AF's Profit Margin has declined in the last couple of years.
1AF's Operating Margin of 6.12% is on the low side compared to the rest of the industry. 1AF is outperformed by 66.67% of its industry peers.
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.
1AF's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), 1AF 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.
The debt/assets ratio for 1AF is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.55, we must say that 1AF is in the distress zone and 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.
1AF has a debt to FCF ratio of 17.97. This is a negative value and a sign of low solvency as 1AF would need 17.97 years to pay back of all of its debts.
The Debt to FCF ratio of 1AF (17.97) is worse 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.
1AF has a worse Debt to Equity ratio (163.37) than 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 163.37 | ||
| Debt/FCF | 17.97 | ||
| Altman-Z | 0.55 |
ROIC/WACC1.32
WACC5.99%
2.3 Liquidity
A Current Ratio of 0.65 indicates that 1AF may have some problems paying 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 has a Quick ratio of 0.60. This is in the lower half of the industry: 1AF underperforms 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.
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%.
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)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.
1AF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.50% yearly.
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.
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
With a Price/Earnings ratio of 3.63, the valuation of 1AF can be described as very cheap.
Based on the Price/Earnings ratio, 1AF is valued cheaper than 86.67% of the companies in the same industry.
1AF is valuated cheaply when we compare the Price/Earnings ratio to 27.17, which is the current average of the S&P500 Index.
1AF is valuated cheaply with a Price/Forward Earnings ratio of 3.05.
86.67% of the companies in the same industry are more expensive than 1AF, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.79, 1AF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.63 | ||
| Fwd PE | 3.05 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1AF is on the same level as its industry peers.
1AF's Price/Free Cash Flow ratio is rather cheap when compared to the industry. 1AF is cheaper than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.73 | ||
| 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 (1/5/2026, 7:00:00 PM)
11.81
+1.25 (+11.84%)
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 Cap3.10B
Revenue(TTM)32.70B
Net Income(TTM)949.00M
Analysts68.8
Price Target11.74 (-0.59%)
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 | 3.63 | ||
| Fwd PE | 3.05 | ||
| P/S | 0.09 | ||
| P/FCF | 3.73 | ||
| P/OCF | 0.62 | ||
| P/B | 40.83 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.66 |
EPS(TTM)3.25
EY27.52%
EPS(NY)3.88
Fwd EY32.81%
FCF(TTM)3.16
FCFY26.78%
OCF(TTM)18.91
OCFY160.12%
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.
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 3 / 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 3.63 and the Price/Book (PB) ratio is 40.83.
Can you provide the financial health for 1AF stock?
The financial health rating of AIR FRANCE-KLM (1AF.MI) is 0 / 10.