AIR FRANCE-KLM (AFR0.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AFR0 - FR001400J770 - Common Stock
10.16 EUR
+0.55 (+5.72%)
Overall AFR0 gets a fundamental rating of 3 out of 10. We evaluated AFR0 against 12 industry peers in the Passenger Airlines industry. AFR0 may be in some trouble as it scores bad on both profitability and health. AFR0 may be a bit undervalued, certainly considering the very reasonable score on growth
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.
The reported net income has been mixed in the past 5 years: AFR0 reported negative net income in multiple years.
Of the past 5 years AFR0 4 years had a positive operating cash flow.
1.2 Ratios
AFR0 has a Return On Assets of 2.57%. This is in the lower half of the industry: AFR0 underperforms 75.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.30%, AFR0 is in line with its industry, outperforming 58.33% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AFR0 is below the industry average of 9.99%.
The 3 year average ROIC (6.06%) for AFR0 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
AFR0 has a worse Profit Margin (3.03%) than 75.00% of its industry peers.
In the last couple of years the Profit Margin of AFR0 has declined.
AFR0 has a Operating Margin (6.11%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AFR0 has grown nicely.
AFR0 has a Gross Margin (45.70%) which 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 | 6.11% | ||
| 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
AFR0 has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for AFR0 remains at a similar level compared to 1 year ago.
AFR0 has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AFR0 is higher compared to a year ago.
2.2 Solvency
AFR0 has an Altman-Z score of 0.46. This is a bad value and indicates that AFR0 is not financially healthy and even has some risk of bankruptcy.
AFR0's Altman-Z score of 0.46 is on the low side compared to the rest of the industry. AFR0 is outperformed by 66.67% of its industry peers.
The Debt to FCF ratio of AFR0 is 15.85, which is on the high side as it means it would take AFR0, 15.85 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 15.85, AFR0 is in line with its industry, outperforming 41.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 15.85 | ||
| Altman-Z | 0.46 |
ROIC/WACC1.42
WACC5.83%
2.3 Liquidity
A Current Ratio of 0.60 indicates that AFR0 may have some problems paying its short term obligations.
AFR0 has a worse Current ratio (0.60) than 75.00% of its industry peers.
A Quick Ratio of 0.55 indicates that AFR0 may have some problems paying its short term obligations.
AFR0 has a worse Quick ratio (0.55) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.55 |
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.
The earnings per share for AFR0 have been decreasing by -24.31% on average. This is quite bad
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
The Earnings Per Share is expected to grow by 35.79% on average over the next years. This is a very strong growth
Based on estimates for the next years, AFR0 will show a small growth in Revenue. The Revenue will grow by 3.51% on average per year.
EPS Next Y269.19%
EPS Next 2Y90.05%
EPS Next 3Y61.4%
EPS Next 5Y35.79%
Revenue Next Year5.72%
Revenue Next 2Y4.84%
Revenue Next 3Y5.05%
Revenue Next 5Y3.51%
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
A Price/Earnings ratio of 3.13 indicates a rather cheap valuation of AFR0.
Compared to the rest of the industry, the Price/Earnings ratio of AFR0 indicates a rather expensive valuation: AFR0 more expensive than 83.33% of the companies listed in the same industry.
AFR0's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.45.
A Price/Forward Earnings ratio of 2.47 indicates a rather cheap valuation of AFR0.
83.33% of the companies in the same industry are more expensive than AFR0, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AFR0 to the average of the S&P500 Index (34.46), we can say AFR0 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.13 | ||
| Fwd PE | 2.47 |
4.2 Price Multiples
AFR0's Enterprise Value to EBITDA ratio is in line with the industry average.
91.67% of the companies in the same industry are more expensive than AFR0, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.98 | ||
| EV/EBITDA | 3.43 |
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 61.40% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y90.05%
EPS Next 3Y61.4%
5. Dividend
5.1 Amount
No dividends for AFR0!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:AFR0 (11/21/2025, 7:00:00 PM)
10.16
+0.55 (+5.72%)
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 Cap2.67B
Revenue(TTM)32.70B
Net Income(TTM)985.00M
Analysts69.6
Price Target12.01 (18.21%)
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)-3.39%
PT rev (3m)0.13%
EPS NQ rev (1m)-3.28%
EPS NQ rev (3m)-7.91%
EPS NY rev (1m)10.92%
EPS NY rev (3m)6.79%
Revenue NQ rev (1m)0.44%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.13 | ||
| Fwd PE | 2.47 | ||
| P/S | 0.08 | ||
| P/FCF | 2.98 | ||
| P/OCF | 0.55 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.43 |
EPS(TTM)3.25
EY31.99%
EPS(NY)4.12
Fwd EY40.53%
FCF(TTM)3.41
FCFY33.6%
OCF(TTM)18.54
OCFY182.53%
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 | 0.46 |
F-Score5
WACC5.83%
ROIC/WACC1.42
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 Y269.19%
EPS Next 2Y90.05%
EPS Next 3Y61.4%
EPS Next 5Y35.79%
Revenue 1Y (TTM)5.52%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%2.61%
Revenue Next Year5.72%
Revenue Next 2Y4.84%
Revenue Next 3Y5.05%
Revenue Next 5Y3.51%
EBIT growth 1Y87.35%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year256.34%
EBIT Next 3Y60.78%
EBIT Next 5Y35.1%
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 / AFR0.DE FAQ
Can you provide the ChartMill fundamental rating for AIR FRANCE-KLM?
ChartMill assigns a fundamental rating of 3 / 10 to AFR0.DE.
Can you provide the valuation status for AIR FRANCE-KLM?
ChartMill assigns a valuation rating of 8 / 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 3 / 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 269.19% in the next year.