AIR FRANCE-KLM (AFR0.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AFR0 - FR001400J770 - Common Stock
11.33 EUR
+0.22 (+2.03%)
AFR0 gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 14 industry peers in the Passenger Airlines industry. While AFR0 is still in line with the averages on profitability rating, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on AFR0.
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.
In multiple years AFR0 reported negative net income over the last 5 years.
Of the past 5 years AFR0 4 years had a positive operating cash flow.
1.2 Ratios
AFR0 has a worse Return On Assets (2.46%) than 71.43% of its industry peers.
The Return On Equity of AFR0 (1248.68%) is better than 92.86% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.89%, AFR0 is in line with its industry, outperforming 50.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AFR0 is below the industry average of 9.01%.
The 3 year average ROIC (6.06%) for AFR0 is below the current ROIC(7.89%), indicating increased profibility in the last year.
| 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
AFR0's Profit Margin of 2.90% is on the low side compared to the rest of the industry. AFR0 is outperformed by 71.43% of its industry peers.
In the last couple of years the Profit Margin of AFR0 has declined.
AFR0 has a Operating Margin (6.12%) which is in line with its industry peers.
AFR0's Operating Margin has improved in the last couple of years.
The Gross Margin of AFR0 (45.30%) is comparable to the rest of the industry.
AFR0's Gross Margin has been stable in the last couple of years.
| 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.
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 worse debt/assets ratio than last year.
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.
With a Altman-Z score value of 0.55, AFR0 is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
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's Debt to FCF ratio of 17.97 is on the low side compared to the rest of the industry. AFR0 is outperformed by 71.43% of its industry peers.
A Debt/Equity ratio of 163.37 is on the high side and indicates that AFR0 has dependencies on debt financing.
AFR0 has a worse Debt to Equity ratio (163.37) than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 163.37 | ||
| Debt/FCF | 17.97 | ||
| Altman-Z | 0.55 |
ROIC/WACC1.32
WACC5.99%
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.
Looking at the Current ratio, with a value of 0.65, AFR0 is doing worse than 64.29% of the companies in the same industry.
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.
AFR0 has a Quick ratio of 0.60. This is in the lower half of the industry: AFR0 underperforms 64.29% of its industry peers.
| 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.
Measured over the past years, AFR0 shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.31% on average per year.
AFR0 shows a small growth in Revenue. In the last year, the Revenue has grown by 5.52%.
The Revenue has been growing slightly by 2.96% on average over the past years.
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.
The Revenue is expected to grow by 3.50% on average over the next years.
EPS Next Y221.56%
EPS Next 2Y84.38%
EPS Next 3Y59%
EPS Next 5Y36.1%
Revenue Next Year5.31%
Revenue Next 2Y4.8%
Revenue Next 3Y5.05%
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.
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
A Price/Earnings ratio of 3.49 indicates a rather cheap valuation of AFR0.
Based on the Price/Earnings ratio, AFR0 is valued cheaper than 92.86% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.55. AFR0 is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 2.92, the valuation of AFR0 can be described as very cheap.
Based on the Price/Forward Earnings ratio, AFR0 is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, AFR0 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.49 | ||
| Fwd PE | 2.92 |
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 64.29% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AFR0 is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.58 | ||
| EV/EBITDA | 3.66 |
4.3 Compensation for Growth
AFR0's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AFR0's earnings are expected to grow with 59.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y84.38%
EPS Next 3Y59%
5. Dividend
5.1 Amount
No dividends for AFR0!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
FRA:AFR0 (12/15/2025, 7:00:00 PM)
11.33
+0.22 (+2.03%)
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 Cap2.98B
Revenue(TTM)32.70B
Net Income(TTM)949.00M
Analysts68.8
Price Target11.97 (5.65%)
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)-4.54%
PT rev (3m)-4.29%
EPS NQ rev (1m)-141.4%
EPS NQ rev (3m)29.74%
EPS NY rev (1m)-12.9%
EPS NY rev (3m)-6.99%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)0.96%
Revenue NY rev (1m)-0.39%
Revenue NY rev (3m)-0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.49 | ||
| Fwd PE | 2.92 | ||
| P/S | 0.09 | ||
| P/FCF | 3.58 | ||
| P/OCF | 0.6 | ||
| P/B | 39.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.66 |
EPS(TTM)3.25
EY28.68%
EPS(NY)3.88
Fwd EY34.2%
FCF(TTM)3.16
FCFY27.91%
OCF(TTM)18.91
OCFY166.9%
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
WACC5.99%
ROIC/WACC1.32
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 Y221.56%
EPS Next 2Y84.38%
EPS Next 3Y59%
EPS Next 5Y36.1%
Revenue 1Y (TTM)5.52%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%2.61%
Revenue Next Year5.31%
Revenue Next 2Y4.8%
Revenue Next 3Y5.05%
Revenue Next 5Y3.5%
EBIT growth 1Y118.32%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year254.68%
EBIT Next 3Y61.11%
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 1 / 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 221.56% in the next year.