AIR FRANCE-KLM (1AF.MI) Stock Fundamental Analysis
Europe - BIT:1AF - FR001400J770 - Common Stock
12.37 EUR
-0.26 (-2.02%)
Overall 1AF gets a fundamental rating of 4 out of 10. We evaluated 1AF against 12 industry peers in the Passenger Airlines industry. There are concerns on the financial health of 1AF while its profitability can be described as average. 1AF is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year 1AF was profitable.
In the past year 1AF had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 2.72%, 1AF is doing worse than 66.67% of the companies in the same industry.
With a decent Return On Invested Capital value of 8.56%, 1AF is doing good in the industry, outperforming 66.67% of the companies in the same industry.
1AF had an Average Return On Invested Capital over the past 3 years of 6.06%. This is below the industry average of 9.96%.
The 3 year average ROIC (6.06%) for 1AF is below the current ROIC(8.56%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.72% | ||
| ROE | N/A | ||
| ROIC | 8.56% |
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 (3.03%) is worse than 66.67% of its industry peers.
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.
1AF's Gross Margin of 45.70% is fine compared to the rest of the industry. 1AF outperforms 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 | 6.11% | ||
| 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 0.55, we must say that 1AF is in the distress zone and has some risk of bankruptcy.
1AF has a worse Altman-Z score (0.55) than 75.00% of its industry peers.
1AF has a debt to FCF ratio of 16.17. This is a negative value and a sign of low solvency as 1AF would need 16.17 years to pay back of all of its debts.
With a Debt to FCF ratio value of 16.17, 1AF perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 16.17 | ||
| Altman-Z | 0.55 |
ROIC/WACC1.41
WACC6.09%
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 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.
Looking at the Quick ratio, with a value of 0.59, 1AF is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 76.36% over the past year.
1AF shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -24.31% yearly.
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 35.33% on average per year.
Based on estimates for the next years, 1AF will show a small growth in Revenue. The Revenue will grow by 3.17% on average per year.
EPS Next Y245.72%
EPS Next 2Y96.79%
EPS Next 3Y63.64%
EPS Next 5Y35.33%
Revenue Next Year5.78%
Revenue Next 2Y4.97%
Revenue Next 3Y5.18%
Revenue Next 5Y3.17%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 3.34.
Based on the Price/Earnings ratio, 1AF is valued cheaper than 100.00% of the companies in the same industry.
1AF is valuated cheaply when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 2.80, the valuation of 1AF can be described as very cheap.
Based on the Price/Forward Earnings ratio, 1AF is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, 1AF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.34 | ||
| Fwd PE | 2.8 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1AF indicates a rather cheap valuation: 1AF is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.62 | ||
| EV/EBITDA | 2.6 |
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 63.64% in the coming years.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y96.79%
EPS Next 3Y63.64%
5. Dividend
5.1 Amount
No dividends for 1AF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1AF (9/17/2025, 7:00:00 PM)
12.37
-0.26 (-2.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners8.37%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap3.25B
Analysts70
Price Target11.99 (-3.07%)
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)37.49%
PT rev (3m)37.49%
EPS NQ rev (1m)5.03%
EPS NQ rev (3m)N/A
EPS NY rev (1m)11.11%
EPS NY rev (3m)11.11%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.34 | ||
| Fwd PE | 2.8 | ||
| P/S | 0.1 | ||
| P/FCF | 3.62 | ||
| P/OCF | 0.67 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 2.6 |
EPS(TTM)3.7
EY29.91%
EPS(NY)4.41
Fwd EY35.69%
FCF(TTM)3.41
FCFY27.6%
OCF(TTM)18.54
OCFY149.92%
SpS123.55
BVpS-6.71
TBVpS-11.95
PEG (NY)0.01
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.72% | ||
| ROE | N/A | ||
| ROCE | 9.98% | ||
| ROIC | 8.56% | ||
| ROICexc | 10.83% | ||
| ROICexgc | 11.87% | ||
| 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
ROICexcg growth 3YN/A
ROICexcg 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 Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 16.17 | ||
| Debt/EBITDA | 2.51 | ||
| Cap/Depr | 143.07% | ||
| Cap/Sales | 12.25% | ||
| Interest Coverage | 2.9 | ||
| Cash Conversion | 102.31% | ||
| Profit Quality | 91.07% | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 0.55 |
F-Score5
WACC6.09%
ROIC/WACC1.41
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 Y245.72%
EPS Next 2Y96.79%
EPS Next 3Y63.64%
EPS Next 5Y35.33%
Revenue 1Y (TTM)5.85%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%6.21%
Revenue Next Year5.78%
Revenue Next 2Y4.97%
Revenue Next 3Y5.18%
Revenue Next 5Y3.17%
EBIT growth 1Y87.35%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year245.03%
EBIT Next 3Y58.73%
EBIT Next 5Y34.74%
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%