AIR FRANCE-KLM (AFR0.DE) Fundamental Analysis & Valuation

FRA:AFR0 • FR001400J770

Current stock price

9.034 EUR
+0.3 (+3.43%)
Last:

This AFR0.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. AFR0.DE Profitability Analysis

1.1 Basic Checks

  • In the past year AFR0 was profitable.
  • AFR0 had a positive operating cash flow in the past year.
  • Of the past 5 years AFR0 4 years were profitable.
  • In the past 5 years AFR0 always reported a positive cash flow from operatings.
AFR0.DE Yearly Net Income VS EBIT VS OCF VS FCFAFR0.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B -6B

1.2 Ratios

  • With a Return On Assets value of 2.38%, AFR0 is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
  • The Return On Equity of AFR0 (1205.26%) is better than 100.00% of its industry peers.
  • The Return On Invested Capital of AFR0 (6.54%) is worse 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 9.31%.
  • The 3 year average ROIC (5.81%) for AFR0 is below the current ROIC(6.54%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.38%
ROE 1205.26%
ROIC 6.54%
ROA(3y)2.27%
ROA(5y)-0.52%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.81%
ROIC(5y)N/A
AFR0.DE Yearly ROA, ROE, ROICAFR0.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100 200 300 400 500

1.3 Margins

  • Looking at the Profit Margin, with a value of 2.80%, AFR0 is doing worse than 73.33% of the companies in the same industry.
  • AFR0's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 6.18%, AFR0 is in line with its industry, outperforming 46.67% of the companies in the same industry.
  • AFR0's Operating Margin has improved in the last couple of years.
  • With a Gross Margin value of 48.48%, AFR0 perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
  • AFR0's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 6.18%
PM (TTM) 2.8%
GM 48.48%
OM growth 3Y16.08%
OM growth 5YN/A
PM growth 3Y27.5%
PM growth 5YN/A
GM growth 3Y2.43%
GM growth 5Y6.03%
AFR0.DE Yearly Profit, Operating, Gross MarginsAFR0.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 -60

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. AFR0.DE Health Analysis

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.
  • AFR0 has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, AFR0 has more shares outstanding
  • AFR0 has a better debt/assets ratio than last year.
AFR0.DE Yearly Shares OutstandingAFR0.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
AFR0.DE Yearly Total Debt VS Total AssetsAFR0.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • AFR0 has an Altman-Z score of 0.54. This is a bad value and indicates that AFR0 is not financially healthy and even has some risk of bankruptcy.
  • AFR0 has a Altman-Z score of 0.54. This is amonst the worse of the industry: AFR0 underperforms 80.00% of its industry peers.
  • AFR0 has a debt to FCF ratio of 17.97. This is a negative value and a sign of low solvency as AFR0 would need 17.97 years to pay back of all of its debts.
  • AFR0 has a Debt to FCF ratio of 17.97. This is in the lower half of the industry: AFR0 underperforms 66.67% 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.
  • The Debt to Equity ratio of AFR0 (163.37) is worse than 86.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 163.37
Debt/FCF 17.97
Altman-Z 0.54
ROIC/WACC1.37
WACC4.78%
AFR0.DE Yearly LT Debt VS Equity VS FCFAFR0.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B 10B 15B

2.3 Liquidity

  • AFR0 has a Current 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.
  • The Current ratio of AFR0 (0.65) is worse than 66.67% 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.
  • The Quick ratio of AFR0 (0.60) is worse than 66.67% of its industry peers.
Industry RankSector Rank
Current Ratio 0.65
Quick Ratio 0.6
AFR0.DE Yearly Current Assets VS Current LiabilitesAFR0.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. AFR0.DE Growth Analysis

3.1 Past

  • AFR0 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 411.40%, which is quite impressive.
  • Measured over the past years, AFR0 shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.56% on average per year.
  • The Revenue has been growing slightly by 4.92% in the past year.
  • Measured over the past years, AFR0 shows a very strong growth in Revenue. The Revenue has been growing by 24.38% on average per year.
EPS 1Y (TTM)411.4%
EPS 3Y21.56%
EPS 5YN/A
EPS Q2Q%832.26%
Revenue 1Y (TTM)4.92%
Revenue growth 3Y7.74%
Revenue growth 5Y24.38%
Sales Q2Q%3.91%

3.2 Future

  • Based on estimates for the next years, AFR0 will show a small growth in Earnings Per Share. The EPS will grow by 0.30% on average per year.
  • Based on estimates for the next years, AFR0 will show a small growth in Revenue. The Revenue will grow by 3.82% on average per year.
EPS Next Y-33.56%
EPS Next 2Y-8.78%
EPS Next 3Y-1.56%
EPS Next 5Y0.3%
Revenue Next Year5.88%
Revenue Next 2Y5.5%
Revenue Next 3Y4.96%
Revenue Next 5Y3.82%

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 decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
AFR0.DE Yearly Revenue VS EstimatesAFR0.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B
AFR0.DE Yearly EPS VS EstimatesAFR0.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -20 -40 -60

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Find the best growth stocksShow best growing peers

7

4. AFR0.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 1.55 indicates a rather cheap valuation of AFR0.
  • Compared to the rest of the industry, the Price/Earnings ratio of AFR0 indicates a rather cheap valuation: AFR0 is cheaper than 93.33% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.77, AFR0 is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 2.33, the valuation of AFR0 can be described as very cheap.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of AFR0 indicates a rather cheap valuation: AFR0 is cheaper than 93.33% of the companies listed in the same industry.
  • AFR0 is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.75, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 1.55
Fwd PE 2.33
AFR0.DE Price Earnings VS Forward Price EarningsAFR0.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 66.67% of the companies in the same industry are more expensive than AFR0, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, AFR0 is valued cheaper than 100.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 2.86
EV/EBITDA 3.52
AFR0.DE Per share dataAFR0.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.78%
EPS Next 3Y-1.56%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. AFR0.DE Dividend Analysis

5.1 Amount

  • No dividends for AFR0!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

AFR0.DE Fundamentals: All Metrics, Ratios and Statistics

AIR FRANCE-KLM

FRA:AFR0 (4/30/2026, 7:00:00 PM)

9.034

+0.3 (+3.43%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Industry Strength29.73
Industry Growth99.33
Earnings (Last)02-19
Earnings (Next)04-30
Inst Owners17.35%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap2.37B
Revenue(TTM)33.01B
Net Income(TTM)916.00M
Analysts69.29
Price Target11.37 (25.86%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0.01
Dividend Growth(5Y)N/A
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)-8.54%
PT rev (3m)-2.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)15.87%
EPS NY rev (1m)-11.22%
EPS NY rev (3m)-4.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.06%
Revenue NY rev (1m)1.12%
Revenue NY rev (3m)1.71%
Valuation
Industry RankSector Rank
PE 1.55
Fwd PE 2.33
P/S 0.07
P/FCF 2.86
P/OCF 0.48
P/B 31.24
P/tB N/A
EV/EBITDA 3.52
EPS(TTM)5.83
EY64.53%
EPS(NY)3.87
Fwd EY42.87%
FCF(TTM)3.16
FCFY35.01%
OCF(TTM)18.91
OCFY209.32%
SpS124.44
BVpS0.29
TBVpS-5
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.15949 (-31.82%)
Profitability
Industry RankSector Rank
ROA 2.38%
ROE 1205.26%
ROCE 9.29%
ROIC 6.54%
ROICexc 6.54%
ROICexgc 6.99%
OM 6.18%
PM (TTM) 2.8%
GM 48.48%
FCFM 2.54%
ROA(3y)2.27%
ROA(5y)-0.52%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.81%
ROIC(5y)N/A
ROICexc(3y)8.61%
ROICexc(5y)N/A
ROICexgc(3y)9.59%
ROICexgc(5y)N/A
ROCE(3y)8.32%
ROCE(5y)N/A
ROICexgc growth 3Y9.82%
ROICexgc growth 5YN/A
ROICexc growth 3Y11.1%
ROICexc growth 5YN/A
OM growth 3Y16.08%
OM growth 5YN/A
PM growth 3Y27.5%
PM growth 5YN/A
GM growth 3Y2.43%
GM growth 5Y6.03%
F-Score7
Asset Turnover0.85
Health
Industry RankSector Rank
Debt/Equity 163.37
Debt/FCF 17.97
Debt/EBITDA 2.52
Cap/Depr 142.84%
Cap/Sales 12.65%
Interest Coverage 2.99
Cash Conversion 101.02%
Profit Quality 90.72%
Current Ratio 0.65
Quick Ratio 0.6
Altman-Z 0.54
F-Score7
WACC4.78%
ROIC/WACC1.37
Cap/Depr(3y)143%
Cap/Depr(5y)128.92%
Cap/Sales(3y)12.39%
Cap/Sales(5y)12.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)411.4%
EPS 3Y21.56%
EPS 5YN/A
EPS Q2Q%832.26%
EPS Next Y-33.56%
EPS Next 2Y-8.78%
EPS Next 3Y-1.56%
EPS Next 5Y0.3%
Revenue 1Y (TTM)4.92%
Revenue growth 3Y7.74%
Revenue growth 5Y24.38%
Sales Q2Q%3.91%
Revenue Next Year5.88%
Revenue Next 2Y5.5%
Revenue Next 3Y4.96%
Revenue Next 5Y3.82%
EBIT growth 1Y120.5%
EBIT growth 3Y25.06%
EBIT growth 5YN/A
EBIT Next Year171.45%
EBIT Next 3Y47.45%
EBIT Next 5Y27.76%
FCF growth 1Y142.75%
FCF growth 3Y-31.48%
FCF growth 5YN/A
OCF growth 1Y120.06%
OCF growth 3Y1.35%
OCF growth 5YN/A

AIR FRANCE-KLM / AFR0.DE Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for AIR FRANCE-KLM?

ChartMill assigns a fundamental rating of 4 / 10 to AFR0.DE.


What is the valuation status for AFR0 stock?

ChartMill assigns a valuation rating of 7 / 10 to AIR FRANCE-KLM (AFR0.DE). This can be considered as Undervalued.


What is the profitability of AFR0 stock?

AIR FRANCE-KLM (AFR0.DE) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for AFR0 stock?

The Price/Earnings (PE) ratio for AIR FRANCE-KLM (AFR0.DE) is 1.55 and the Price/Book (PB) ratio is 31.24.


Can you provide the expected EPS growth for AFR0 stock?

The Earnings per Share (EPS) of AIR FRANCE-KLM (AFR0.DE) is expected to decline by -33.56% in the next year.