AIR FRANCE-KLM (AFR0.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AFR0 - FR001400J770 - Common Stock
11.405 EUR
+0.08 (+0.71%)
AFR0 gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals 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 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.
Of the past 5 years AFR0 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.46%, AFR0 is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
The Return On Equity of AFR0 (1248.68%) is better than 100.00% of its industry peers.
AFR0 has a Return On Invested Capital of 7.89%. This is comparable to the rest of the industry: AFR0 outperforms 53.85% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AFR0 is below the industry average of 9.36%.
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
Looking at the Profit Margin, with a value of 2.90%, 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.
Looking at the Operating Margin, with a value of 6.12%, AFR0 is in line with its industry, outperforming 46.15% of the companies in the same industry.
In the last couple of years the Operating Margin of AFR0 has grown nicely.
AFR0's Gross Margin of 45.30% is in line compared to the rest of the industry. AFR0 outperforms 53.85% 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 | 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
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.
The number of shares outstanding for AFR0 has been increased compared to 5 years ago.
Compared to 1 year ago, AFR0 has a worse debt to assets ratio.
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 worse Altman-Z score (0.55) than 76.92% 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 has a worse Debt to FCF ratio (17.97) than 69.23% 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.
AFR0 has a worse Debt to Equity ratio (163.37) than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 163.37 | ||
| Debt/FCF | 17.97 | ||
| Altman-Z | 0.55 |
ROIC/WACC1.31
WACC6%
2.3 Liquidity
A Current Ratio of 0.65 indicates that AFR0 may have some problems paying its short term obligations.
AFR0 has a Current ratio of 0.65. This is in the lower half of the industry: AFR0 underperforms 61.54% of its industry peers.
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 doing worse than 61.54% 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.
The earnings per share for AFR0 have been decreasing by -24.31% on average. This is quite bad
Looking at the last year, AFR0 shows a small growth in Revenue. The Revenue has grown by 5.52% in the last 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 36.10% on average per year.
AFR0 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.50% yearly.
EPS Next Y227.2%
EPS Next 2Y88.22%
EPS Next 3Y62.58%
EPS Next 5Y36.1%
Revenue Next Year5.04%
Revenue Next 2Y4.73%
Revenue Next 3Y5.06%
Revenue Next 5Y3.5%
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
AFR0 is valuated cheaply with a Price/Earnings ratio of 3.51.
Based on the Price/Earnings ratio, AFR0 is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AFR0 to the average of the S&P500 Index (26.77), we can say AFR0 is valued rather cheaply.
With a Price/Forward Earnings ratio of 2.82, the valuation of AFR0 can be described as very cheap.
Based on the Price/Forward Earnings ratio, AFR0 is valued cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.35, AFR0 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.51 | ||
| Fwd PE | 2.82 |
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 69.23% of the companies listed 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 | 3.61 | ||
| EV/EBITDA | 3.66 |
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)0.02
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 (12/30/2025, 7:00:00 PM)
11.405
+0.08 (+0.71%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners13.14%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap3.00B
Revenue(TTM)32.70B
Net Income(TTM)949.00M
Analysts68.8
Price Target11.7 (2.59%)
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)-2.58%
PT rev (3m)-6.47%
EPS NQ rev (1m)133.85%
EPS NQ rev (3m)130.29%
EPS NY rev (1m)-11.38%
EPS NY rev (3m)-1.7%
Revenue NQ rev (1m)-0.76%
Revenue NQ rev (3m)0.17%
Revenue NY rev (1m)-0.65%
Revenue NY rev (3m)-0.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.51 | ||
| Fwd PE | 2.82 | ||
| P/S | 0.09 | ||
| P/FCF | 3.61 | ||
| P/OCF | 0.6 | ||
| P/B | 39.43 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.66 |
EPS(TTM)3.25
EY28.5%
EPS(NY)4.04
Fwd EY35.41%
FCF(TTM)3.16
FCFY27.73%
OCF(TTM)18.91
OCFY165.81%
SpS124.44
BVpS0.29
TBVpS-5
PEG (NY)0.02
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
WACC6%
ROIC/WACC1.31
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 5Y36.1%
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 5Y3.5%
EBIT growth 1Y118.32%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year257.06%
EBIT Next 3Y61.49%
EBIT Next 5Y35.32%
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.
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 0 / 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 227.2% in the next year.