AIR FRANCE-KLM (AFR0.DE) Stock Fundamental Analysis
FRA:AFR0 - Deutsche Boerse Ag - FR001400J770 - Common Stock - Currency: EUR
Taking everything into account, AFR0 scores 3 out of 10 in our fundamental rating. AFR0 was compared to 12 industry peers in the Passenger Airlines industry. AFR0 has a bad profitability rating. Also its financial health evaluation is rather negative. AFR0 is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year AFR0 was profitable.
AFR0 had a positive operating cash flow in the past year.
In multiple years AFR0 reported negative net income over the last 5 years.
AFR0 had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.67%, AFR0 is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
The Return On Invested Capital of AFR0 (6.31%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for AFR0 is below the industry average of 9.37%.
The last Return On Invested Capital (6.31%) for AFR0 is above the 3 year average (6.06%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.67% | ||
| ROE | N/A | ||
| ROIC | 6.31% |
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 AFR0 (0.78%) is worse than 83.33% of its industry peers.
AFR0's Profit Margin has declined in the last couple of years.
AFR0 has a Operating Margin of 4.65%. This is in the lower half of the industry: AFR0 underperforms 66.67% of its industry peers.
In the last couple of years the Operating Margin of AFR0 has grown nicely.
AFR0 has a Gross Margin of 46.94%. This is comparable to the rest of the industry: AFR0 outperforms 58.33% of its industry peers.
AFR0's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.65% | ||
| PM (TTM) | 0.78% | ||
| GM | 46.94% |
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.
The number of shares outstanding for AFR0 has been increased compared to 5 years ago.
AFR0 has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.47, we must say that AFR0 is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.47, AFR0 is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.47 |
ROIC/WACC1.07
WACC5.92%
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 66.67% 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 0.59. This is in the lower half of the industry: AFR0 underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
AFR0 shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.08%.
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 4.80%.
The Revenue has been growing slightly by 2.96% on average over the past years.
EPS 1Y (TTM)-18.08%
EPS 3YN/A
EPS 5Y-24.31%
EPS Q2Q%-52.47%
Revenue 1Y (TTM)4.8%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%5.39%
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 31.40% on average per year.
AFR0 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.69% yearly.
EPS Next Y211.14%
EPS Next 2Y92.17%
EPS Next 3Y57.03%
EPS Next 5Y31.4%
Revenue Next Year5.8%
Revenue Next 2Y4.98%
Revenue Next 3Y5.11%
Revenue Next 5Y2.69%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 6.45, the valuation of AFR0 can be described as very cheap.
AFR0's Price/Earnings ratio is a bit cheaper when compared to the industry. AFR0 is cheaper than 75.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.82, AFR0 is valued rather cheaply.
With a Price/Forward Earnings ratio of 2.64, the valuation of AFR0 can be described as very cheap.
100.00% 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 (36.21), we can say AFR0 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.45 | ||
| Fwd PE | 2.64 |
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 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.94 |
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 57.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y92.17%
EPS Next 3Y57.03%
5. Dividend
5.1 Amount
AFR0 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:AFR0 (8/1/2025, 7:00:00 PM)
11.095
-0.48 (-4.19%)
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 Cap2.92B
Analysts54.17
Price Target9.29 (-16.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)-58.45%
DP0.41%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)23.47%
Min EPS beat(2)-13.15%
Max EPS beat(2)60.08%
EPS beat(4)1
Avg EPS beat(4)-29.02%
Min EPS beat(4)-91.85%
Max EPS beat(4)60.08%
EPS beat(8)4
Avg EPS beat(8)-11.33%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.19%
Min Revenue beat(2)-2.15%
Max Revenue beat(2)-0.23%
Revenue beat(4)0
Avg Revenue beat(4)-2.03%
Min Revenue beat(4)-3.43%
Max Revenue beat(4)-0.23%
Revenue beat(8)0
Avg Revenue beat(8)-2.67%
Revenue beat(12)4
Avg Revenue beat(12)-0.85%
Revenue beat(16)6
Avg Revenue beat(16)-0.13%
PT rev (1m)4.82%
PT rev (3m)7.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.66%
Revenue NQ rev (3m)0.66%
Revenue NY rev (1m)0.58%
Revenue NY rev (3m)0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.45 | ||
| Fwd PE | 2.64 | ||
| P/S | 0.09 | ||
| P/FCF | N/A | ||
| P/OCF | 0.83 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 2.94 |
EPS(TTM)1.72
EY15.5%
EPS(NY)4.21
Fwd EY37.94%
FCF(TTM)-0.88
FCFYN/A
OCF(TTM)13.3
OCFY119.91%
SpS119.72
BVpS-6.71
TBVpS-11.95
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.67% | ||
| ROE | N/A | ||
| ROCE | 7.35% | ||
| ROIC | 6.31% | ||
| ROICexc | 7.98% | ||
| ROICexgc | 8.75% | ||
| OM | 4.65% | ||
| PM (TTM) | 0.78% | ||
| GM | 46.94% | ||
| FCFM | N/A |
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-Score4
Asset Turnover0.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.92 | ||
| Cap/Depr | 141.05% | ||
| Cap/Sales | 11.85% | ||
| Interest Coverage | 2.2 | ||
| Cash Conversion | 85.16% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 0.47 |
F-Score4
WACC5.92%
ROIC/WACC1.07
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)-18.08%
EPS 3YN/A
EPS 5Y-24.31%
EPS Q2Q%-52.47%
EPS Next Y211.14%
EPS Next 2Y92.17%
EPS Next 3Y57.03%
EPS Next 5Y31.4%
Revenue 1Y (TTM)4.8%
Revenue growth 3Y30.01%
Revenue growth 5Y2.96%
Sales Q2Q%5.39%
Revenue Next Year5.8%
Revenue Next 2Y4.98%
Revenue Next 3Y5.11%
Revenue Next 5Y2.69%
EBIT growth 1Y-6.28%
EBIT growth 3YN/A
EBIT growth 5Y6.27%
EBIT Next Year245.03%
EBIT Next 3Y58.73%
EBIT Next 5Y32.36%
FCF growth 1Y-521.82%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-3.05%
OCF growth 3Y31.6%
OCF growth 5Y-2.14%