AIR FRANCE-KLM (1AF.MI) Stock Fundamental Analysis
Europe - BIT:1AF - FR001400J770 - Common Stock
11.955 EUR
+0.17 (+1.44%)
1AF gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 12 industry peers in the Passenger Airlines industry. 1AF may be in some trouble as it scores bad on both profitability and health. A decent growth rate in combination with a cheap valuation! Better keep an eye on 1AF.
1. Profitability
1.1 Basic Checks
In the past year 1AF was profitable.
In the past year 1AF had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: 1AF reported negative net income in multiple years.
1AF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
1AF has a Return On Assets of 2.57%. This is amonst the worse of the industry: 1AF underperforms 84.62% of its industry peers.
1AF has a Return On Invested Capital (8.30%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for 1AF is below the industry average of 9.93%.
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
With a Profit Margin value of 3.03%, 1AF is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
1AF's Profit Margin has declined in the last couple of years.
1AF's Operating Margin of 6.11% is on the low side compared to the rest of the industry. 1AF is outperformed by 61.54% of its industry peers.
In the last couple of years the Operating Margin of 1AF has grown nicely.
1AF has a Gross Margin of 45.70%. This is comparable to the rest of the industry: 1AF outperforms 46.15% of its industry peers.
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.
1AF has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, 1AF has a worse debt to assets ratio.
2.2 Solvency
1AF has an Altman-Z score of 0.47. This is a bad value and indicates that 1AF is not financially healthy and even has some risk of bankruptcy.
1AF has a Altman-Z score of 0.47. This is in the lower half of the industry: 1AF underperforms 61.54% of 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.
1AF's Debt to FCF ratio of 15.85 is on the low side compared to the rest of the industry. 1AF is outperformed by 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 15.85 | ||
| Altman-Z | 0.47 |
ROIC/WACC1.36
WACC6.09%
2.3 Liquidity
A Current Ratio of 0.60 indicates that 1AF may have some problems paying its short term obligations.
The Current ratio of 1AF (0.60) is worse than 76.92% of its industry peers.
1AF has a Quick 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 worse Quick ratio (0.55) than 76.92% of its industry peers.
| 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.
The earnings per share for 1AF have been decreasing by -24.31% on average. This is quite bad
The Revenue has been growing slightly by 5.85% in the past year.
Measured over the past years, 1AF shows a small growth in Revenue. The Revenue has been growing by 2.96% on average per year.
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
1AF is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 35.21% yearly.
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
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
A Price/Earnings ratio of 3.23 indicates a rather cheap valuation of 1AF.
Based on the Price/Earnings ratio, 1AF is valued cheaper than 84.62% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.42. 1AF is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 2.89, which indicates a rather cheap valuation of 1AF.
84.62% of the companies in the same industry are more expensive than 1AF, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of 1AF to the average of the S&P500 Index (22.94), we can say 1AF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.23 | ||
| Fwd PE | 2.89 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1AF indicates a slightly more expensive valuation: 1AF is more expensive than 61.54% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1AF indicates a rather cheap valuation: 1AF is cheaper than 84.62% of the companies listed in the same industry.
| 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
No dividends for 1AF!.
| 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
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)3.06%
PT rev (3m)41.7%
EPS NQ rev (1m)-4.79%
EPS NQ rev (3m)-0.18%
EPS NY rev (1m)-3.72%
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
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
ROICexcg growth 3YN/A
ROICexcg 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%