AIR FRANCE-KLM (AFR0.DE) Stock Fundamental Analysis
FRA:AFR0 - Deutsche Boerse Ag - FR001400J770 - Common Stock - Currency: EUR
Taking everything into account, AFR0 scores 3 out of 10 in our fundamental rating. AFR0 was compared to 12 industry peers in the Passenger Airlines industry. There are concerns on the financial health of AFR0 while its profitability can be described as average. A decent growth rate in combination with a cheap valuation! Better keep an eye on AFR0.
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
AFR0 has a Return On Assets of 0.67%. This is in the lower half of the industry: AFR0 underperforms 75.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.31%, AFR0 is in line with its industry, outperforming 50.00% 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 8.15%.
The last Return On Invested Capital (6.31%) for AFR0 is above the 3 year average (6.06%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.67% | ||
| ROE | N/A | ||
| ROIC | 6.31% |
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 has a Profit Margin of 0.78%. This is in the lower half of the industry: AFR0 underperforms 75.00% of its industry peers.
AFR0's Profit Margin has declined in the last couple of years.
AFR0 has a Operating Margin (4.65%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AFR0 has grown nicely.
The Gross Margin of AFR0 (46.94%) is better than 66.67% of its industry peers.
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 | 4.65% | ||
| PM (TTM) | 0.78% | ||
| GM | 46.94% |
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
AFR0 has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
AFR0 has about the same amout of shares outstanding than it did 1 year ago.
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 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.47 |
ROIC/WACC1.09
WACC5.76%
2.3 Liquidity
A Current Ratio of 0.65 indicates that AFR0 may have some problems paying its short term obligations.
With a Current ratio value of 0.65, AFR0 is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
A Quick Ratio of 0.59 indicates that AFR0 may have some problems paying its short term obligations.
AFR0 has a worse Quick ratio (0.59) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
AFR0 shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.60%.
The earnings per share for AFR0 have been decreasing by -24.31% on average. This is quite bad
AFR0 shows a small growth in Revenue. In the last year, the Revenue has grown by 5.36%.
AFR0 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.96% yearly.
EPS 1Y (TTM)-44.6%
EPS 3YN/A
EPS 5Y-24.31%
EPS Q2Q%41.41%
Revenue 1Y (TTM)5.36%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%7.68%
3.2 Future
Based on estimates for the next years, AFR0 will show a very strong growth in Earnings Per Share. The EPS will grow by 31.40% on average per year.
AFR0 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.69% yearly.
EPS Next Y211.14%
EPS Next 2Y92.17%
EPS Next 3Y57.03%
EPS Next 5Y31.4%
Revenue Next Year5.19%
Revenue Next 2Y4.48%
Revenue Next 3Y4.47%
Revenue Next 5Y2.69%
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
The Price/Earnings ratio is 5.06, which indicates a rather cheap valuation of AFR0.
Based on the Price/Earnings ratio, AFR0 is valued cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.45. AFR0 is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 2.36, the valuation of AFR0 can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AFR0 indicates a rather cheap valuation: AFR0 is cheaper than 100.00% of the companies listed in the same industry.
AFR0's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.06 | ||
| Fwd PE | 2.36 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AFR0 is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.86 |
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.
AFR0's earnings are expected to grow with 57.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y92.17%
EPS Next 3Y57.03%
5. Dividend
5.1 Amount
No dividends for AFR0!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:AFR0 (7/4/2025, 7:00:00 PM)
9.918
+0.04 (+0.38%)
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 Cap2.61B
Analysts54.17
Price Target8.86 (-10.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)-58.45%
DP0.41%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)23.47%
Min EPS beat(2)-13.15%
Max EPS beat(2)60.08%
EPS beat(4)1
Avg EPS beat(4)-29.02%
Min EPS beat(4)-91.85%
Max EPS beat(4)60.08%
EPS beat(8)4
Avg EPS beat(8)-11.33%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.19%
Min Revenue beat(2)-2.15%
Max Revenue beat(2)-0.23%
Revenue beat(4)0
Avg Revenue beat(4)-2.03%
Min Revenue beat(4)-3.43%
Max Revenue beat(4)-0.23%
Revenue beat(8)0
Avg Revenue beat(8)-2.67%
Revenue beat(12)4
Avg Revenue beat(12)-0.85%
Revenue beat(16)6
Avg Revenue beat(16)-0.13%
PT rev (1m)3.35%
PT rev (3m)-16.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)14.69%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.98%
Revenue NQ rev (1m)0.66%
Revenue NQ rev (3m)0.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.06 | ||
| Fwd PE | 2.36 | ||
| P/S | 0.08 | ||
| P/FCF | N/A | ||
| P/OCF | 0.75 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 2.86 |
EPS(TTM)1.96
EY19.76%
EPS(NY)4.21
Fwd EY42.45%
FCF(TTM)-0.88
FCFYN/A
OCF(TTM)13.3
OCFY134.14%
SpS119.72
BVpS-6.71
TBVpS-11.95
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.67% | ||
| ROE | N/A | ||
| ROCE | 7.35% | ||
| ROIC | 6.31% | ||
| ROICexc | 7.98% | ||
| ROICexgc | 8.75% | ||
| OM | 4.65% | ||
| PM (TTM) | 0.78% | ||
| GM | 46.94% | ||
| FCFM | N/A |
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-Score4
Asset Turnover0.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.92 | ||
| Cap/Depr | 141.05% | ||
| Cap/Sales | 11.85% | ||
| Interest Coverage | 2.2 | ||
| Cash Conversion | 85.16% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 0.47 |
F-Score4
WACC5.76%
ROIC/WACC1.09
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)-44.6%
EPS 3YN/A
EPS 5Y-24.31%
EPS Q2Q%41.41%
EPS Next Y211.14%
EPS Next 2Y92.17%
EPS Next 3Y57.03%
EPS Next 5Y31.4%
Revenue 1Y (TTM)5.36%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%7.68%
Revenue Next Year5.19%
Revenue Next 2Y4.48%
Revenue Next 3Y4.47%
Revenue Next 5Y2.69%
EBIT growth 1Y-6.28%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year245.03%
EBIT Next 3Y58.73%
EBIT Next 5Y32.36%
FCF growth 1Y-521.82%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-3.05%
OCF growth 3Y31.6%
OCF growth 5Y-2.14%