AIR FRANCE-KLM (AFR0.DE) Fundamental Analysis & Valuation

FRA:AFR0 • FR001400J770

Current stock price

9.076 EUR
-0.63 (-6.45%)
Last:

This AFR0.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. AFR0.DE Profitability Analysis

1.1 Basic Checks

  • In the past year AFR0 was profitable.
  • AFR0 had a positive operating cash flow in the past year.
  • AFR0 had positive earnings in 4 of the past 5 years.
  • AFR0 had a positive operating cash flow in each of the past 5 years.
AFR0.DE Yearly Net Income VS EBIT VS OCF VS FCFAFR0.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B -6B

1.2 Ratios

  • AFR0's Return On Assets of 2.46% is on the low side compared to the rest of the industry. AFR0 is outperformed by 68.75% of its industry peers.
  • AFR0 has a Return On Equity of 1248.68%. This is amongst the best in the industry. AFR0 outperforms 87.50% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 6.48%, AFR0 is in line with its industry, outperforming 43.75% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for AFR0 is below the industry average of 8.84%.
  • The 3 year average ROIC (5.81%) for AFR0 is below the current ROIC(6.48%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.46%
ROE 1248.68%
ROIC 6.48%
ROA(3y)2.27%
ROA(5y)-0.52%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.81%
ROIC(5y)N/A
AFR0.DE Yearly ROA, ROE, ROICAFR0.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100 200 300 400 500

1.3 Margins

  • AFR0 has a Profit Margin of 2.90%. This is in the lower half of the industry: AFR0 underperforms 68.75% of its industry peers.
  • AFR0's Profit Margin has improved in the last couple of years.
  • The Operating Margin of AFR0 (6.12%) 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 45.30%, AFR0 is doing worse than 62.50% of the companies in the same industry.
  • AFR0's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 6.12%
PM (TTM) 2.9%
GM 45.3%
OM growth 3Y16.08%
OM growth 5YN/A
PM growth 3Y27.5%
PM growth 5YN/A
GM growth 3Y2.43%
GM growth 5Y6.03%
AFR0.DE Yearly Profit, Operating, Gross MarginsAFR0.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 -60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. AFR0.DE Health Analysis

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.
  • The number of shares outstanding for AFR0 remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, AFR0 has more shares outstanding
  • Compared to 1 year ago, AFR0 has an improved debt to assets ratio.
AFR0.DE Yearly Shares OutstandingAFR0.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
AFR0.DE Yearly Total Debt VS Total AssetsAFR0.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • AFR0 has an Altman-Z score of 0.54. This is a bad value and indicates that AFR0 is not financially healthy and even has some risk of bankruptcy.
  • AFR0 has a Altman-Z score of 0.54. This is in the lower half of the industry: AFR0 underperforms 62.50% of its industry peers.
  • The Debt to FCF ratio of AFR0 is 17.97, which is on the high side as it means it would take AFR0, 17.97 years of fcf income to pay off all of its debts.
  • AFR0 has a Debt to FCF ratio (17.97) which is in line with its industry peers.
  • AFR0 has a Debt/Equity ratio of 163.37. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 163.37, AFR0 is doing worse than 81.25% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 163.37
Debt/FCF 17.97
Altman-Z 0.54
ROIC/WACC1.35
WACC4.81%
AFR0.DE Yearly LT Debt VS Equity VS FCFAFR0.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B 10B 15B

2.3 Liquidity

  • AFR0 has a Current Ratio of 0.65. This is a bad value and indicates that AFR0 is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.65, AFR0 is doing worse than 62.50% of the companies in the same industry.
  • AFR0 has a Quick Ratio of 0.65. 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 Quick ratio of 0.60. This is in the lower half of the industry: AFR0 underperforms 62.50% of its industry peers.
Industry RankSector Rank
Current Ratio 0.65
Quick Ratio 0.6
AFR0.DE Yearly Current Assets VS Current LiabilitesAFR0.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. AFR0.DE Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 411.40% over the past year.
  • AFR0 shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.56% yearly.
  • AFR0 shows a small growth in Revenue. In the last year, the Revenue has grown by 4.92%.
  • Measured over the past years, AFR0 shows a very strong growth in Revenue. The Revenue has been growing by 24.38% on average per year.
EPS 1Y (TTM)411.4%
EPS 3Y21.56%
EPS 5YN/A
EPS Q2Q%832.26%
Revenue 1Y (TTM)4.92%
Revenue growth 3Y7.74%
Revenue growth 5Y24.38%
Sales Q2Q%3.91%

3.2 Future

  • The Earnings Per Share is expected to grow by 0.86% on average over the next years.
  • AFR0 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.38% yearly.
EPS Next Y-25.17%
EPS Next 2Y-5.93%
EPS Next 3Y-0.21%
EPS Next 5Y0.86%
Revenue Next Year4.71%
Revenue Next 2Y4.98%
Revenue Next 3Y4.51%
Revenue Next 5Y3.38%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
AFR0.DE Yearly Revenue VS EstimatesAFR0.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B
AFR0.DE Yearly EPS VS EstimatesAFR0.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -20 -40 -60

More info and screens

Find the best growth stocksShow best growing peers

7

4. AFR0.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 1.56 indicates a rather cheap valuation of AFR0.
  • Based on the Price/Earnings ratio, AFR0 is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 25.73, AFR0 is valued rather cheaply.
  • The Price/Forward Earnings ratio is 2.08, which indicates a rather cheap valuation of AFR0.
  • 87.50% of the companies in the same industry are more expensive than AFR0, based on the Price/Forward Earnings ratio.
  • AFR0's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.72.
Industry RankSector Rank
PE 1.56
Fwd PE 2.08
AFR0.DE Price Earnings VS Forward Price EarningsAFR0.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • AFR0's Enterprise Value to EBITDA ratio is in line with the industry average.
  • AFR0's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AFR0 is cheaper than 87.50% of the companies in the same industry.
Industry RankSector Rank
P/FCF 2.87
EV/EBITDA 3.57
AFR0.DE Per share dataAFR0.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.93%
EPS Next 3Y-0.21%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. AFR0.DE Dividend Analysis

5.1 Amount

  • No dividends for AFR0!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

AFR0.DE Fundamentals: All Metrics, Ratios and Statistics

AIR FRANCE-KLM

FRA:AFR0 (3/19/2026, 7:00:00 PM)

9.076

-0.63 (-6.45%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)02-19
Earnings (Next)04-30
Inst Owners17.04%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap2.38B
Revenue(TTM)33.01B
Net Income(TTM)949.00M
Analysts54.07
Price Target12.43 (36.95%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0.01
Dividend Growth(5Y)N/A
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)5.38%
PT rev (3m)3.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)149.95%
EPS NY rev (1m)7.1%
EPS NY rev (3m)12.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.73%
Revenue NY rev (1m)0.58%
Revenue NY rev (3m)0.45%
Valuation
Industry RankSector Rank
PE 1.56
Fwd PE 2.08
P/S 0.07
P/FCF 2.87
P/OCF 0.48
P/B 31.38
P/tB N/A
EV/EBITDA 3.57
EPS(TTM)5.83
EY64.24%
EPS(NY)4.36
Fwd EY48.07%
FCF(TTM)3.16
FCFY34.84%
OCF(TTM)18.91
OCFY208.35%
SpS124.44
BVpS0.29
TBVpS-5
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.16
Profitability
Industry RankSector Rank
ROA 2.46%
ROE 1248.68%
ROCE 9.2%
ROIC 6.48%
ROICexc 6.48%
ROICexgc 6.92%
OM 6.12%
PM (TTM) 2.9%
GM 45.3%
FCFM 2.54%
ROA(3y)2.27%
ROA(5y)-0.52%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.81%
ROIC(5y)N/A
ROICexc(3y)8.61%
ROICexc(5y)N/A
ROICexgc(3y)9.59%
ROICexgc(5y)N/A
ROCE(3y)8.32%
ROCE(5y)N/A
ROICexgc growth 3Y9.82%
ROICexgc growth 5YN/A
ROICexc growth 3Y11.1%
ROICexc growth 5YN/A
OM growth 3Y16.08%
OM growth 5YN/A
PM growth 3Y27.5%
PM growth 5YN/A
GM growth 3Y2.43%
GM growth 5Y6.03%
F-Score6
Asset Turnover0.85
Health
Industry RankSector 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 0.54
F-Score6
WACC4.81%
ROIC/WACC1.35
Cap/Depr(3y)143%
Cap/Depr(5y)128.92%
Cap/Sales(3y)12.39%
Cap/Sales(5y)12.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)411.4%
EPS 3Y21.56%
EPS 5YN/A
EPS Q2Q%832.26%
EPS Next Y-25.17%
EPS Next 2Y-5.93%
EPS Next 3Y-0.21%
EPS Next 5Y0.86%
Revenue 1Y (TTM)4.92%
Revenue growth 3Y7.74%
Revenue growth 5Y24.38%
Sales Q2Q%3.91%
Revenue Next Year4.71%
Revenue Next 2Y4.98%
Revenue Next 3Y4.51%
Revenue Next 5Y3.38%
EBIT growth 1Y118.32%
EBIT growth 3Y25.06%
EBIT growth 5YN/A
EBIT Next Year180.81%
EBIT Next 3Y48.02%
EBIT Next 5Y28.02%
FCF growth 1Y142.75%
FCF growth 3Y-31.48%
FCF growth 5YN/A
OCF growth 1Y120.06%
OCF growth 3Y1.35%
OCF growth 5YN/A

AIR FRANCE-KLM / AFR0.DE Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for AIR FRANCE-KLM?

ChartMill assigns a fundamental rating of 4 / 10 to AFR0.DE.


What is the valuation status of AIR FRANCE-KLM (AFR0.DE) stock?

ChartMill assigns a valuation rating of 7 / 10 to AIR FRANCE-KLM (AFR0.DE). This can be considered as Undervalued.


How profitable is AIR FRANCE-KLM (AFR0.DE) stock?

AIR FRANCE-KLM (AFR0.DE) has a profitability rating of 5 / 10.


What is the financial health of AIR FRANCE-KLM (AFR0.DE) stock?

The financial health rating of AIR FRANCE-KLM (AFR0.DE) is 1 / 10.


Can you provide the expected EPS growth for AFR0 stock?

The Earnings per Share (EPS) of AIR FRANCE-KLM (AFR0.DE) is expected to decline by -25.17% in the next year.