AIR FRANCE-KLM (AFR0.DE) Stock Fundamental Analysis
Europe - FRA:AFR0 - FR001400J770 - Common Stock
11.715 EUR
+0.16 (+1.43%)
Overall AFR0 gets a fundamental rating of 3 out of 10. We evaluated AFR0 against 13 industry peers in the Passenger Airlines industry. Both the profitability and financial health of AFR0 have multiple concerns. AFR0 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 AFR0 was profitable.
In the past year AFR0 had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: AFR0 reported negative net income in multiple years.
Of the past 5 years AFR0 4 years had a positive operating cash flow.
1.2 Ratios
AFR0's Return On Assets of 2.57% is on the low side compared to the rest of the industry. AFR0 is outperformed by 76.92% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.30%, AFR0 is in line with its industry, outperforming 53.85% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AFR0 is below the industry average of 9.96%.
The 3 year average ROIC (6.06%) for AFR0 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
The Profit Margin of AFR0 (3.03%) is worse than 76.92% of its industry peers.
In the last couple of years the Profit Margin of AFR0 has declined.
AFR0 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 AFR0 has grown nicely.
Looking at the Gross Margin, with a value of 45.70%, AFR0 is in line with its industry, outperforming 53.85% of the companies in the same industry.
In the last couple of years the Gross Margin of AFR0 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AFR0 is still creating some value.
Compared to 1 year ago, AFR0 has about the same amount of shares outstanding.
AFR0 has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AFR0 is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.47, we must say that AFR0 is in the distress zone and has some risk of bankruptcy.
AFR0 has a Altman-Z score of 0.47. This is in the lower half of the industry: AFR0 underperforms 69.23% of its industry peers.
AFR0 has a debt to FCF ratio of 15.85. This is a negative value and a sign of low solvency as AFR0 would need 15.85 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 15.85, AFR0 is doing worse than 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 15.85 | ||
| Altman-Z | 0.47 |
ROIC/WACC1.37
WACC6.04%
2.3 Liquidity
AFR0 has a Current Ratio of 0.60. This is a bad value and indicates that AFR0 is not financially healthy enough and could expect problems in meeting its short term obligations.
AFR0 has a worse Current ratio (0.60) than 69.23% of its industry peers.
A Quick Ratio of 0.55 indicates that AFR0 may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.55, AFR0 is doing worse than 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
AFR0 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 76.36%, which is quite impressive.
AFR0 shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -24.31% yearly.
AFR0 shows a small growth in Revenue. In the last year, the Revenue has grown by 5.85%.
The Revenue has been growing slightly by 2.96% on average over the past years.
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
AFR0 is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 35.21% yearly.
Based on estimates for the next years, AFR0 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.
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
A Price/Earnings ratio of 3.17 indicates a rather cheap valuation of AFR0.
92.31% of the companies in the same industry are more expensive than AFR0, based on the Price/Earnings ratio.
AFR0's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.49.
AFR0 is valuated cheaply with a Price/Forward Earnings ratio of 2.83.
AFR0's Price/Forward Earnings ratio is rather cheap when compared to the industry. AFR0 is cheaper than 92.31% of the companies in the same industry.
AFR0 is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.17 | ||
| Fwd PE | 2.83 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AFR0.
AFR0's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AFR0 is cheaper than 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.43 | ||
| EV/EBITDA | 3.52 |
4.3 Compensation for Growth
AFR0'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 AFR0'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 AFR0!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:AFR0 (10/14/2025, 7:00:00 PM)
11.715
+0.16 (+1.43%)
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 Cap3.08B
Analysts70
Price Target12.43 (6.1%)
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)3.61%
PT rev (3m)40.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.84%
EPS NY rev (1m)-3.72%
EPS NY rev (3m)6.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.84%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.17 | ||
| Fwd PE | 2.83 | ||
| P/S | 0.09 | ||
| P/FCF | 3.43 | ||
| P/OCF | 0.63 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.52 |
EPS(TTM)3.7
EY31.58%
EPS(NY)4.14
Fwd EY35.35%
FCF(TTM)3.41
FCFY29.14%
OCF(TTM)18.54
OCFY158.3%
SpS123.55
BVpS-3.11
TBVpS-8.4
PEG (NY)0.01
PEG (5Y)N/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
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 Turnover0.85
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
WACC6.04%
ROIC/WACC1.37
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%