AIR FRANCE-KLM (1AF.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1AF - FR001400J770 - Common Stock
9.618 EUR
-0.07 (-0.76%)
We assign a fundamental rating of 3 out of 10 to 1AF. 1AF was compared to 12 industry peers in the Passenger Airlines industry. 1AF may be in some trouble as it scores bad on both profitability and health. 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.
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
The Return On Assets of 1AF (2.57%) is worse than 83.33% of its industry peers.
1AF's Return On Invested Capital of 8.30% is in line compared to the rest of the industry. 1AF outperforms 50.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1AF is below the industry average of 9.99%.
The last Return On Invested Capital (8.30%) for 1AF is above the 3 year average (6.06%), which is a sign of increasing profitability.
| 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
1AF has a Profit Margin of 3.03%. This is amonst the worse of the industry: 1AF underperforms 83.33% of its industry peers.
1AF's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 6.11%, 1AF is in line with its industry, outperforming 41.67% of the companies in the same industry.
1AF's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 45.70%, 1AF perfoms like the industry average, outperforming 50.00% 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 | 6.11% | ||
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), 1AF is 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
Based on the Altman-Z score of 0.46, we must say that 1AF is in the distress zone and has some risk of bankruptcy.
1AF has a Altman-Z score (0.46) which is comparable to the rest of the industry.
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.
The Debt to FCF ratio of 1AF (15.85) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 15.85 | ||
| Altman-Z | 0.46 |
ROIC/WACC1.44
WACC5.75%
2.3 Liquidity
A Current Ratio of 0.60 indicates that 1AF may have some problems paying its short term obligations.
With a Current ratio value of 0.60, 1AF is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
1AF has a Quick 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.
Looking at the Quick ratio, with a value of 0.55, 1AF is doing worse than 83.33% of the companies in the same industry.
| 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.
1AF shows a small growth in Revenue. In the last year, the Revenue has grown by 5.85%.
1AF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.96% yearly.
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
The Earnings Per Share is expected to grow by 35.21% on average over the next years. This is a very strong growth
1AF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.08% yearly.
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 2.60.
91.67% of the companies in the same industry are more expensive than 1AF, based on the Price/Earnings ratio.
1AF's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.45.
Based on the Price/Forward Earnings ratio of 2.32, the valuation of 1AF can be described as very cheap.
100.00% of the companies in the same industry are more expensive than 1AF, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.46. 1AF is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.6 | ||
| Fwd PE | 2.32 |
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 cheaply inside the industry as 83.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.82 | ||
| EV/EBITDA | 3.4 |
4.3 Compensation for Growth
The 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
No dividends for 1AF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1AF (11/20/2025, 7:00:00 PM)
9.618
-0.07 (-0.76%)
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 Cap2.53B
Revenue(TTM)32.46B
Net Income(TTM)985.00M
Analysts69.6
Price Target12.01 (24.87%)
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 | 2.6 | ||
| Fwd PE | 2.32 | ||
| P/S | 0.08 | ||
| P/FCF | 2.82 | ||
| P/OCF | 0.52 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.4 |
EPS(TTM)3.7
EY38.47%
EPS(NY)4.14
Fwd EY43.06%
FCF(TTM)3.41
FCFY35.49%
OCF(TTM)18.54
OCFY192.81%
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 | 0.46 |
F-Score5
WACC5.75%
ROIC/WACC1.44
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%.