AIR FRANCE-KLM (AFR0.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:AFR0 • FR001400J770
10.57 EUR
-0.06 (-0.56%)
Last: Jan 29, 2026, 07:00 PM
Overall AFR0 gets a fundamental rating of 4 out of 10. We evaluated AFR0 against 14 industry peers in the Passenger Airlines industry. There are concerns on the financial health of AFR0 while its profitability can be described as average. AFR0 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 AFR0 was profitable.
- AFR0 had a positive operating cash flow in the past year.
- In multiple years AFR0 reported negative net income over the last 5 years.
- Of the past 5 years AFR0 4 years had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 2.46%, AFR0 is doing worse than 64.29% of the companies in the same industry.
- AFR0 has a Return On Equity of 1248.68%. This is amongst the best in the industry. AFR0 outperforms 100.00% of its industry peers.
- AFR0 has a better Return On Invested Capital (7.89%) than 64.29% of its industry peers.
- AFR0 had an Average Return On Invested Capital over the past 3 years of 6.06%. This is below the industry average of 9.17%.
- The last Return On Invested Capital (7.89%) for AFR0 is above the 3 year average (6.06%), which is a sign of increasing profitability.
| 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
- AFR0's Profit Margin of 2.90% is on the low side compared to the rest of the industry. AFR0 is outperformed by 64.29% of its industry peers.
- AFR0's Profit Margin has declined in the last couple of years.
- AFR0 has a Operating Margin (6.12%) which is in line with its industry peers.
- In the last couple of years the Operating Margin of AFR0 has grown nicely.
- The Gross Margin of AFR0 (45.30%) is comparable to the rest of the 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 | 6.12% | ||
| 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
- 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.
- Compared to 5 years ago, AFR0 has more shares outstanding
- AFR0 has a worse debt/assets ratio than last year.
2.2 Solvency
- AFR0 has an Altman-Z score of 0.55. 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 0.55. This is in the lower half of the industry: AFR0 underperforms 71.43% 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.
- With a Debt to FCF ratio value of 17.97, AFR0 is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
- A Debt/Equity ratio of 163.37 is on the high side and indicates that AFR0 has dependencies on debt financing.
- AFR0 has a Debt to Equity ratio of 163.37. This is in the lower half of the industry: AFR0 underperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 163.37 | ||
| Debt/FCF | 17.97 | ||
| Altman-Z | 0.55 |
ROIC/WACC1.34
WACC5.9%
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.
- The Current ratio of AFR0 (0.65) is comparable to the rest of the 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.
- Looking at the Quick ratio, with a value of 0.60, AFR0 is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
- AFR0 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 209.52%, which is quite impressive.
- Measured over the past years, AFR0 shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.31% on average per year.
- The Revenue has been growing slightly by 5.52% in the past year.
- The Revenue has been growing slightly by 2.96% on average over the past years.
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
- AFR0 is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 35.70% yearly.
- AFR0 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.20% yearly.
EPS Next Y225.52%
EPS Next 2Y89.03%
EPS Next 3Y62.64%
EPS Next 5Y35.7%
Revenue Next Year5.04%
Revenue Next 2Y4.73%
Revenue Next 3Y5.06%
Revenue Next 5Y3.2%
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.
- 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
- With a Price/Earnings ratio of 3.25, the valuation of AFR0 can be described as very cheap.
- Based on the Price/Earnings ratio, AFR0 is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- AFR0 is valuated cheaply when we compare the Price/Earnings ratio to 28.39, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 2.59, the valuation of AFR0 can be described as very cheap.
- 100.00% of the companies in the same industry are more expensive than AFR0, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 25.72. AFR0 is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.25 | ||
| Fwd PE | 2.59 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AFR0 is on the same level as its industry peers.
- 100.00% of the companies in the same industry are more expensive than AFR0, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.34 | ||
| EV/EBITDA | 3.62 |
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 AFR0's earnings are expected to grow with 62.64% in the coming years.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y89.03%
EPS Next 3Y62.64%
5. Dividend
5.1 Amount
- AFR0 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
AIR FRANCE-KLM / AFR0.DE 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 9 / 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 4 / 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 grow by 225.52% in the next year.