AIR FRANCE-KLM (AFR0.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AFR0 - FR001400J770 - Common Stock
10.54 EUR
+0.38 (+3.74%)
Overall AFR0 gets a fundamental rating of 4 out of 10. We evaluated AFR0 against 13 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 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.
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 2.57%. This is in the lower half of the industry: AFR0 underperforms 69.23% of its industry peers.
AFR0 has a better Return On Invested Capital (8.30%) than 61.54% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AFR0 is below the industry average of 9.99%.
The last Return On Invested Capital (8.30%) for AFR0 is above the 3 year average (6.06%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 3.03%, AFR0 is doing worse than 69.23% of the companies in the same industry.
AFR0's Profit Margin has declined in the last couple of years.
AFR0 has a Operating Margin (6.11%) which is comparable to the rest of the industry.
AFR0's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 45.70%, AFR0 is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
AFR0's Gross Margin has been stable in the last couple of years.
| 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
AFR0 has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for AFR0 remains at a similar level compared to 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
AFR0 has an Altman-Z score of 0.46. This is a bad value and indicates that AFR0 is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of AFR0 (0.46) is worse than 61.54% of its industry peers.
The Debt to FCF ratio of AFR0 is 15.85, which is on the high side as it means it would take AFR0, 15.85 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AFR0 (15.85) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 15.85 | ||
| Altman-Z | 0.46 |
ROIC/WACC1.41
WACC5.88%
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.
The Current ratio of AFR0 (0.60) is worse than 69.23% of its industry peers.
AFR0 has a Quick 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.
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
The Earnings Per Share has grown by an impressive 209.52% over the past year.
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.
Measured over the past years, AFR0 shows a small growth in Revenue. The Revenue has been growing by 2.96% on average per year.
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
Based on estimates for the next years, AFR0 will show a very strong growth in Earnings Per Share. The EPS will grow by 35.79% on average per year.
Based on estimates for the next years, AFR0 will show a small growth in Revenue. The Revenue will grow by 3.51% on average per year.
EPS Next Y269.19%
EPS Next 2Y90.05%
EPS Next 3Y61.4%
EPS Next 5Y35.79%
Revenue Next Year5.72%
Revenue Next 2Y4.84%
Revenue Next 3Y5.05%
Revenue Next 5Y3.51%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 3.24 indicates a rather cheap valuation of AFR0.
Based on the Price/Earnings ratio, AFR0 is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
AFR0's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.98.
Based on the Price/Forward Earnings ratio of 2.56, the valuation of AFR0 can be described as very cheap.
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 35.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.24 | ||
| Fwd PE | 2.56 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AFR0 indicates a somewhat cheap valuation: AFR0 is cheaper than 61.54% of the companies listed in the same industry.
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 | 3.09 | ||
| EV/EBITDA | 3.45 |
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 61.40% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y90.05%
EPS Next 3Y61.4%
5. Dividend
5.1 Amount
No dividends for AFR0!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:AFR0 (11/24/2025, 7:00:00 PM)
10.54
+0.38 (+3.74%)
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 Cap2.77B
Revenue(TTM)32.70B
Net Income(TTM)985.00M
Analysts69.6
Price Target12.01 (13.95%)
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)-3.39%
PT rev (3m)0.13%
EPS NQ rev (1m)-3.28%
EPS NQ rev (3m)-7.91%
EPS NY rev (1m)10.92%
EPS NY rev (3m)6.79%
Revenue NQ rev (1m)0.44%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.24 | ||
| Fwd PE | 2.56 | ||
| P/S | 0.09 | ||
| P/FCF | 3.09 | ||
| P/OCF | 0.57 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.45 |
EPS(TTM)3.25
EY30.83%
EPS(NY)4.12
Fwd EY39.06%
FCF(TTM)3.41
FCFY32.39%
OCF(TTM)18.54
OCFY175.95%
SpS123.55
BVpS-3.11
TBVpS-8.4
PEG (NY)0.01
PEG (5Y)N/A
Graham NumberN/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
ROICexgc growth 3YN/A
ROICexgc 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 | 0.46 |
F-Score5
WACC5.88%
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)209.52%
EPS 3YN/A
EPS 5Y-24.31%
EPS Q2Q%-15.15%
EPS Next Y269.19%
EPS Next 2Y90.05%
EPS Next 3Y61.4%
EPS Next 5Y35.79%
Revenue 1Y (TTM)5.52%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%2.61%
Revenue Next Year5.72%
Revenue Next 2Y4.84%
Revenue Next 3Y5.05%
Revenue Next 5Y3.51%
EBIT growth 1Y87.35%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year256.34%
EBIT Next 3Y60.78%
EBIT Next 5Y35.1%
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%
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.
Can you provide the valuation status for AIR FRANCE-KLM?
ChartMill assigns a valuation rating of 9 / 10 to AIR FRANCE-KLM (AFR0.DE). This can be considered as Undervalued.
Can you provide the profitability details for AIR FRANCE-KLM?
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.
What is the earnings growth outlook for AIR FRANCE-KLM?
The Earnings per Share (EPS) of AIR FRANCE-KLM (AFR0.DE) is expected to grow by 269.19% in the next year.