Air France-KLM SA, together with its subsidiaries, provides passenger transportation services on scheduled flights. More Details
High growth potential and slightly overvalued.
Share Price & News
How has Air France-KLM's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AF is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AF's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AF underperformed the French Airlines industry which returned 26.7% over the past year.
Return vs Market: AF underperformed the French Market which returned 42% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Air France-KLM's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StDoes Air France-KLM (EPA:AF) Have A Healthy Balance Sheet?
2 years ago | Simply Wall StIf You Had Bought Air France-KLM Stock Three Years Ago, You Could Pocket A 40% Gain Today
2 years ago | Simply Wall StHow Much Of Air France-KLM SA (EPA:AF) Do Institutions Own?
Is Air France-KLM undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AF (€4.63) is trading below our estimate of fair value (€18.35)
Significantly Below Fair Value: AF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AF is unprofitable, so we can't compare its PE Ratio to the XX Airlines industry average.
PE vs Market: AF is unprofitable, so we can't compare its PE Ratio to the French market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AF has negative assets, so we can't compare its PB Ratio to the XE Airlines industry average.
How is Air France-KLM forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).
Earnings vs Market: AF is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AF's is expected to become profitable in the next 3 years.
Revenue vs Market: AF's revenue (20% per year) is forecast to grow faster than the French market (6.8% per year).
High Growth Revenue: AF's revenue (20% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AF's Return on Equity is forecast to be high in 3 years time
How has Air France-KLM performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AF is currently unprofitable.
Growing Profit Margin: AF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AF is unprofitable, and losses have increased over the past 5 years at a rate of 82% per year.
Accelerating Growth: Unable to compare AF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AF is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-26.2%).
Return on Equity
High ROE: AF's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Air France-KLM's financial position?
Financial Position Analysis
Short Term Liabilities: AF has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AF has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AF has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AF has sufficient cash runway for 12 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if AF has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Air France-KLM current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AF's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ben Smith (49 yo)
Mr. Benjamin M. Smith, also known as Ben, has been Chief Executive Officer at Air France-KLM SA since September 17, 2018 and has been its Director since December 5, 2018. He served as President of Passenge...
CEO Compensation Analysis
Compensation vs Market: Ben's total compensation ($USD4.84M) is above average for companies of similar size in the French market ($USD1.77M).
Compensation vs Earnings: Ben's compensation has increased whilst the company is unprofitable.
Experienced Management: AF's management team is considered experienced (4.6 years average tenure).
Experienced Board: AF's board of directors are considered experienced (4.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 50.1%.
Air France-KLM SA's company bio, employee growth, exchange listings and data sources
- Name: Air France-KLM SA
- Ticker: AF
- Exchange: ENXTPA
- Founded: 1919
- Industry: Airlines
- Sector: Transportation
- Market Cap: €2.969b
- Shares outstanding: 641.43m
- Website: https://www.airfranceklm.com
Number of Employees
- Air France-KLM SA
- 2 rue Robert Esnault-Pelterie
Air France-KLM SA, together with its subsidiaries, provides passenger transportation services on scheduled flights. The company operates through Network, Maintenance, Transavia, and Other segments. It also...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 19:44|
|End of Day Share Price||2021/05/10 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.