AIR FRANCE-KLM (AFR0.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AFR0 - FR001400J770 - Common Stock
10.565 EUR
-0.03 (-0.28%)
Overall AFR0 gets a fundamental rating of 4 out of 10. We evaluated AFR0 against 14 industry peers in the Passenger Airlines industry. AFR0 has a medium profitability rating, but doesn't score so well on its financial health evaluation. AFR0 is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
- AFR0 had positive earnings in the past year.
- 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.
- AFR0 had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 2.46%, AFR0 is doing worse than 71.43% of the companies in the same industry.
- AFR0's Return On Equity of 1248.68% is amongst the best of the industry. AFR0 outperforms 100.00% of its industry peers.
- AFR0 has a Return On Invested Capital (7.89%) which is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for AFR0 is below the industry average of 9.24%.
- 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 has a Profit Margin of 2.90%. This is in the lower half of the industry: AFR0 underperforms 71.43% of its industry peers.
- AFR0's Profit Margin has declined 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 in line with its industry, outperforming 50.00% 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 | 6.12% | ||
| 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.
- 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
- AFR0 has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.55, we must say that AFR0 is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of AFR0 (0.55) is worse than 64.29% 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's Debt to FCF ratio of 17.97 is on the low side compared to the rest of the industry. AFR0 is outperformed by 71.43% of its industry peers.
- AFR0 has a Debt/Equity ratio of 163.37. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of AFR0 (163.37) is worse than 78.57% 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.
- With a Current ratio value of 0.65, AFR0 perfoms like the industry average, outperforming 42.86% 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 (0.60) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 209.52% over the past year.
- The earnings per share for AFR0 have been decreasing by -24.31% on average. This is quite bad
- The Revenue has been growing slightly by 5.52% in the past year.
- AFR0 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.96% yearly.
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
- The Earnings Per Share is expected to grow by 35.70% on average over the next years. This is a very strong growth
- The Revenue is expected to grow by 3.20% on average over the next years.
EPS Next Y227.2%
EPS Next 2Y88.22%
EPS Next 3Y62.58%
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.
- 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
- With a Price/Earnings ratio of 3.25, the valuation of AFR0 can be described as very cheap.
- Compared to the rest of the industry, the Price/Earnings ratio of AFR0 indicates a rather cheap valuation: AFR0 is cheaper than 100.00% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of AFR0 to the average of the S&P500 Index (26.94), we can say AFR0 is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 2.62, the valuation of AFR0 can be described as very cheap.
- Based on the Price/Forward Earnings ratio, AFR0 is valued cheaper than 92.86% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.94, AFR0 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.25 | ||
| Fwd PE | 2.62 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, AFR0 is valued a bit cheaper than 71.43% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, AFR0 is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| 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 62.58% in the coming years.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y88.22%
EPS Next 3Y62.58%
5. Dividend
5.1 Amount
- No dividends for AFR0!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FRA:AFR0 (1/20/2026, 7:00:00 PM)
10.565
-0.03 (-0.28%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)02-19 2026-02-19/amc
Inst Owners16.12%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap2.78B
Revenue(TTM)32.70B
Net Income(TTM)949.00M
Analysts69.6
Price Target11.71 (10.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend0
Dividend Growth(5Y)-58.45%
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)-2.21%
PT rev (3m)-5.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)136.63%
EPS NY rev (1m)1.75%
EPS NY rev (3m)-1.7%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.17%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-0.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.25 | ||
| Fwd PE | 2.62 | ||
| P/S | 0.08 | ||
| P/FCF | 3.34 | ||
| P/OCF | 0.56 | ||
| P/B | 36.53 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.62 |
EPS(TTM)3.25
EY30.76%
EPS(NY)4.04
Fwd EY38.23%
FCF(TTM)3.16
FCFY29.93%
OCF(TTM)18.91
OCFY178.99%
SpS124.44
BVpS0.29
TBVpS-5
PEG (NY)0.01
PEG (5Y)N/A
Graham Number4.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.46% | ||
| ROE | 1248.68% | ||
| ROCE | 9.2% | ||
| ROIC | 7.89% | ||
| ROICexc | 7.89% | ||
| ROICexgc | 8.43% | ||
| OM | 6.12% | ||
| PM (TTM) | 2.9% | ||
| GM | 45.3% | ||
| FCFM | 2.54% |
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 | 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 | 0.55 |
F-Score5
WACC5.9%
ROIC/WACC1.34
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 Y227.2%
EPS Next 2Y88.22%
EPS Next 3Y62.58%
EPS Next 5Y35.7%
Revenue 1Y (TTM)5.52%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%2.61%
Revenue Next Year5.04%
Revenue Next 2Y4.73%
Revenue Next 3Y5.06%
Revenue Next 5Y3.2%
EBIT growth 1Y118.32%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year257.06%
EBIT Next 3Y61.49%
EBIT Next 5Y34.93%
FCF growth 1Y36.01%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y30.25%
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.
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 227.2% in the next year.