AIR FRANCE-KLM (1AF.MI) Stock Fundamental Analysis
Europe - BIT:1AF - FR001400J770 - Common Stock
11.955 EUR
+0.17 (+1.44%)
We assign a fundamental rating of 3 out of 10 to 1AF. 1AF was compared to 12 industry peers in the Passenger Airlines industry. 1AF has a bad profitability rating. Also its financial health evaluation is rather negative. 1AF 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 1AF was profitable.
1AF had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: 1AF reported negative net income in multiple years.
Of the past 5 years 1AF 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of 1AF (2.57%) is worse than 83.33% of its industry peers.
The Return On Invested Capital of 1AF (8.30%) is comparable to the rest of the industry.
1AF had an Average Return On Invested Capital over the past 3 years of 6.06%. This is below the industry average of 9.69%.
The 3 year average ROIC (6.06%) for 1AF is below the current ROIC(8.30%), indicating increased profibility in the last year.
| 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
1AF's Profit Margin of 3.03% is on the low side compared to the rest of the industry. 1AF is outperformed by 83.33% of its industry peers.
In the last couple of years the Profit Margin of 1AF has declined.
1AF's Operating Margin of 6.11% is in line compared to the rest of the industry. 1AF outperforms 41.67% of its industry peers.
In the last couple of years the Operating Margin of 1AF has grown nicely.
1AF has a Gross Margin (45.70%) which is comparable to the rest of the industry.
1AF'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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1AF is still creating some value.
Compared to 1 year ago, 1AF has about the same amount of shares outstanding.
The number of shares outstanding for 1AF has been increased compared to 5 years ago.
1AF has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.47, we must say that 1AF is in the distress zone and has some risk of bankruptcy.
1AF has a Altman-Z score (0.47) which is in line with its industry peers.
1AF has a debt to FCF ratio of 15.85. This is a negative value and a sign of low solvency as 1AF would need 15.85 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 15.85, 1AF is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 15.85 | ||
| Altman-Z | 0.47 |
ROIC/WACC1.36
WACC6.09%
2.3 Liquidity
1AF has a Current Ratio of 0.60. This is a bad value and indicates that 1AF is not financially healthy enough and could expect problems in meeting its short term obligations.
1AF has a Current ratio of 0.60. This is amonst the worse of the industry: 1AF underperforms 83.33% of its industry peers.
A Quick Ratio of 0.55 indicates that 1AF may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.55, 1AF is doing worse than 83.33% 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 76.36% over the past year.
Measured over the past years, 1AF shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.31% on average per year.
Looking at the last year, 1AF shows a small growth in Revenue. The Revenue has grown by 5.85% in the last year.
1AF 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
1AF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.08% yearly.
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.
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
With a Price/Earnings ratio of 3.23, the valuation of 1AF can be described as very cheap.
1AF's Price/Earnings ratio is rather cheap when compared to the industry. 1AF is cheaper than 83.33% of the companies in the same industry.
1AF's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.83.
The Price/Forward Earnings ratio is 2.89, which indicates a rather cheap valuation of 1AF.
Based on the Price/Forward Earnings ratio, 1AF is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.88. 1AF is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.23 | ||
| Fwd PE | 2.89 |
4.2 Price Multiples
1AF's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. 1AF is more expensive than 66.67% of the companies in the same industry.
83.33% of the companies in the same industry are more expensive than 1AF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.5 | ||
| EV/EBITDA | 3.53 |
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 1AF's earnings are expected to grow with 60.24% in the coming years.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y90.6%
EPS Next 3Y60.24%
5. Dividend
5.1 Amount
1AF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1AF (10/16/2025, 7:00:00 PM)
11.955
+0.17 (+1.44%)
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 Cap3.14B
Revenue(TTM)32.46B
Net Income(TTM)985.00M
Analysts70
Price Target12.35 (3.3%)
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)-1.26%
PT rev (3m)41.7%
EPS NQ rev (1m)-4.79%
EPS NQ rev (3m)-0.18%
EPS NY rev (1m)0%
EPS NY rev (3m)6.98%
Revenue NQ rev (1m)-0.38%
Revenue NQ rev (3m)1.45%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.23 | ||
| Fwd PE | 2.89 | ||
| P/S | 0.1 | ||
| P/FCF | 3.5 | ||
| P/OCF | 0.64 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.53 |
EPS(TTM)3.7
EY30.95%
EPS(NY)4.14
Fwd EY34.64%
FCF(TTM)3.41
FCFY28.55%
OCF(TTM)18.54
OCFY155.12%
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 | 0.47 |
F-Score5
WACC6.09%
ROIC/WACC1.36
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 / 1AF.MI FAQ
What is the ChartMill fundamental rating of AIR FRANCE-KLM (1AF.MI) stock?
ChartMill assigns a fundamental rating of 3 / 10 to 1AF.MI.
Can you provide the valuation status for AIR FRANCE-KLM?
ChartMill assigns a valuation rating of 8 / 10 to AIR FRANCE-KLM (1AF.MI). This can be considered as Undervalued.
Can you provide the profitability details for AIR FRANCE-KLM?
AIR FRANCE-KLM (1AF.MI) has a profitability rating of 3 / 10.
What is the expected EPS growth for AIR FRANCE-KLM (1AF.MI) stock?
The Earnings per Share (EPS) of AIR FRANCE-KLM (1AF.MI) is expected to grow by 232.85% in the next year.
Can you provide the dividend sustainability for 1AF stock?
The dividend rating of AIR FRANCE-KLM (1AF.MI) is 0 / 10 and the dividend payout ratio is 0.2%.