AIR FRANCE-KLM (AFR0.DE) Stock Fundamental Analysis
Europe - FRA:AFR0 - FR001400J770 - Common Stock
10.135 EUR
-1.71 (-14.47%)
Overall AFR0 gets a fundamental rating of 4 out of 10. We evaluated AFR0 against 12 industry peers in the Passenger Airlines industry. While AFR0 is still in line with the averages on profitability rating, there are concerns on its financial health. AFR0 may be a bit undervalued, certainly considering the very reasonable score on growth
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 worse Return On Assets (2.57%) than 75.00% of its industry peers.
AFR0 has a better Return On Invested Capital (8.30%) than 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AFR0 is below the industry average of 9.54%.
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
AFR0 has a worse Profit Margin (3.03%) than 75.00% of its industry peers.
In the last couple of years the Profit Margin of AFR0 has declined.
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 line with its industry, outperforming 50.00% of the companies in the same 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 | 6.11% | ||
| 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
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.
The number of shares outstanding for AFR0 has been increased compared to 5 years ago.
AFR0 has a worse debt/assets ratio than last year.
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.
AFR0's Altman-Z score of 0.46 is on the low side compared to the rest of the industry. AFR0 is outperformed by 66.67% 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.
AFR0 has a Debt to FCF ratio of 15.85. This is comparable to the rest of the industry: AFR0 outperforms 41.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 15.85 | ||
| Altman-Z | 0.46 |
ROIC/WACC1.42
WACC5.83%
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.
Looking at the Current ratio, with a value of 0.60, AFR0 is doing worse than 75.00% of the companies in the same industry.
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 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
AFR0 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 76.36%, which is quite impressive.
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 5.85%.
AFR0 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.96% yearly.
EPS 1Y (TTM)76.36%
EPS 3YN/A
EPS 5Y-24.31%
EPS Q2Q%378.26%
Revenue 1Y (TTM)5.85%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%6.21%
3.2 Future
The Earnings Per Share is expected to grow by 35.21% on average over the next years. This is a very strong growth
Based on estimates for the next years, AFR0 will show a small growth in Revenue. The Revenue will grow by 3.08% on average per year.
EPS Next Y232.85%
EPS Next 2Y90.6%
EPS Next 3Y60.24%
EPS Next 5Y35.21%
Revenue Next Year6%
Revenue Next 2Y5.05%
Revenue Next 3Y5.25%
Revenue Next 5Y3.08%
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
The Price/Earnings ratio is 2.74, which indicates a rather cheap valuation of AFR0.
Based on the Price/Earnings ratio, AFR0 is valued cheaper than 91.67% of the companies in the same industry.
AFR0 is valuated cheaply when we compare the Price/Earnings ratio to 25.67, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 2.45, which indicates a rather cheap valuation of AFR0.
91.67% of the companies in the same industry are more expensive than AFR0, based on the Price/Forward Earnings ratio.
AFR0 is valuated cheaply when we compare the Price/Forward Earnings ratio to 31.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.74 | ||
| Fwd PE | 2.45 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AFR0 indicates a rather cheap valuation: AFR0 is cheaper than 91.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.97 | ||
| EV/EBITDA | 3.43 |
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 60.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y90.6%
EPS Next 3Y60.24%
5. Dividend
5.1 Amount
No dividends for AFR0!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:AFR0 (11/6/2025, 7:00:00 PM)
10.135
-1.71 (-14.47%)
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 Cap2.66B
Revenue(TTM)32.46B
Net Income(TTM)985.00M
Analysts70
Price Target12.54 (23.73%)
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)0.27%
PT rev (3m)35%
EPS NQ rev (1m)-7.91%
EPS NQ rev (3m)-3.45%
EPS NY rev (1m)0%
EPS NY rev (3m)6.98%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.74 | ||
| Fwd PE | 2.45 | ||
| P/S | 0.08 | ||
| P/FCF | 2.97 | ||
| P/OCF | 0.55 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.43 |
EPS(TTM)3.7
EY36.51%
EPS(NY)4.14
Fwd EY40.86%
FCF(TTM)3.41
FCFY33.68%
OCF(TTM)18.54
OCFY182.98%
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
WACC5.83%
ROIC/WACC1.42
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)76.36%
EPS 3YN/A
EPS 5Y-24.31%
EPS Q2Q%378.26%
EPS Next Y232.85%
EPS Next 2Y90.6%
EPS Next 3Y60.24%
EPS Next 5Y35.21%
Revenue 1Y (TTM)5.85%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%6.21%
Revenue Next Year6%
Revenue Next 2Y5.05%
Revenue Next 3Y5.25%
Revenue Next 5Y3.08%
EBIT growth 1Y87.35%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year256.34%
EBIT Next 3Y60.78%
EBIT Next 5Y34.63%
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 232.85% in the next year.