AIR FRANCE-KLM (1AF.MI) Stock Fundamental Analysis
BIT:1AF - FR001400J770 - Common Stock
13.79 EUR
-0.98 (-6.6%)
Overall 1AF gets a fundamental rating of 4 out of 10. We evaluated 1AF against 12 industry peers in the Passenger Airlines industry. 1AF has a bad profitability rating. Also its financial health evaluation is rather negative. 1AF may be a bit undervalued, certainly considering the very reasonable score on growth
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.
In multiple years 1AF reported negative net income over the last 5 years.
Of the past 5 years 1AF 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of 1AF (2.72%) is worse than 83.33% of its industry peers.
With a Return On Invested Capital value of 8.56%, 1AF perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
1AF had an Average Return On Invested Capital over the past 3 years of 6.06%. This is below the industry average of 9.96%.
The 3 year average ROIC (6.06%) for 1AF is below the current ROIC(8.56%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.72% | ||
| ROE | N/A | ||
| ROIC | 8.56% |
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
The Profit Margin of 1AF (3.03%) is worse than 83.33% of its industry peers.
In the last couple of years the Profit Margin of 1AF has declined.
Looking at the Operating Margin, with a value of 6.11%, 1AF is in line with its industry, outperforming 41.67% of the companies in the same industry.
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.
In the last couple of years the Gross Margin of 1AF 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 1AF is still creating some value.
Compared to 1 year ago, 1AF has about the same amount of shares outstanding.
Compared to 5 years ago, 1AF has more shares outstanding
The debt/assets ratio for 1AF is higher compared to a year ago.
2.2 Solvency
1AF has an Altman-Z score of 0.56. 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 0.56. This is comparable to the rest of the industry: 1AF outperforms 41.67% of its industry peers.
The Debt to FCF ratio of 1AF is 16.17, which is on the high side as it means it would take 1AF, 16.17 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 16.17, 1AF is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 16.17 | ||
| Altman-Z | 0.56 |
ROIC/WACC1.36
WACC6.28%
2.3 Liquidity
A Current Ratio of 0.65 indicates that 1AF may have some problems paying its short term obligations.
1AF's Current ratio of 0.65 is on the low side compared to the rest of the industry. 1AF is outperformed by 83.33% of its industry peers.
A Quick Ratio of 0.59 indicates that 1AF may have some problems paying its short term obligations.
1AF's Quick ratio of 0.59 is on the low side compared to the rest of the industry. 1AF is outperformed by 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 76.36% over the past year.
1AF shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -24.31% yearly.
The Revenue has been growing slightly by 5.85% in the past year.
The Revenue has been growing slightly by 2.96% on average over the past years.
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 35.30% 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 3.14% yearly.
EPS Next Y245.72%
EPS Next 2Y96.79%
EPS Next 3Y63.64%
EPS Next 5Y35.3%
Revenue Next Year5.78%
Revenue Next 2Y4.97%
Revenue Next 3Y5.18%
Revenue Next 5Y3.14%
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.
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
The Price/Earnings ratio is 3.73, which indicates a rather cheap valuation of 1AF.
Based on the Price/Earnings ratio, 1AF is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
1AF is valuated cheaply when we compare the Price/Earnings ratio to 27.13, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 3.12, which indicates a rather cheap valuation of 1AF.
Based on the Price/Forward Earnings ratio, 1AF is valued cheaper than 83.33% of the companies in the same industry.
1AF is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.73 | ||
| Fwd PE | 3.12 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as 1AF.
1AF's Price/Free Cash Flow ratio is rather cheap when compared to the industry. 1AF is cheaper than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.04 | ||
| EV/EBITDA | 2.68 |
4.3 Compensation for Growth
1AF's 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 63.64% in the coming years.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y96.79%
EPS Next 3Y63.64%
5. Dividend
5.1 Amount
1AF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1AF (8/26/2025, 7:00:00 PM)
13.79
-0.98 (-6.6%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners8.37%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap3.62B
Analysts53.91
Price Target11.95 (-13.34%)
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)37.02%
PT rev (3m)38.66%
EPS NQ rev (1m)4.84%
EPS NQ rev (3m)N/A
EPS NY rev (1m)11.11%
EPS NY rev (3m)11.11%
Revenue NQ rev (1m)1.84%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.57%
Revenue NY rev (3m)0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.73 | ||
| Fwd PE | 3.12 | ||
| P/S | 0.11 | ||
| P/FCF | 4.04 | ||
| P/OCF | 0.74 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 2.68 |
EPS(TTM)3.7
EY26.83%
EPS(NY)4.41
Fwd EY32.02%
FCF(TTM)3.41
FCFY24.75%
OCF(TTM)18.54
OCFY134.48%
SpS123.55
BVpS-6.71
TBVpS-11.95
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.72% | ||
| ROE | N/A | ||
| ROCE | 9.98% | ||
| ROIC | 8.56% | ||
| ROICexc | 10.83% | ||
| ROICexgc | 11.87% | ||
| 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 Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 16.17 | ||
| Debt/EBITDA | 2.51 | ||
| Cap/Depr | 143.07% | ||
| Cap/Sales | 12.25% | ||
| Interest Coverage | 2.9 | ||
| Cash Conversion | 102.31% | ||
| Profit Quality | 91.07% | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 0.56 |
F-Score5
WACC6.28%
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 Y245.72%
EPS Next 2Y96.79%
EPS Next 3Y63.64%
EPS Next 5Y35.3%
Revenue 1Y (TTM)5.85%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%6.21%
Revenue Next Year5.78%
Revenue Next 2Y4.97%
Revenue Next 3Y5.18%
Revenue Next 5Y3.14%
EBIT growth 1Y87.35%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year245.03%
EBIT Next 3Y58.73%
EBIT Next 5Y34.71%
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%