Valuation Air France-KLM

Equities

Market Closed - Euronext Paris Other stock markets 11:35:24 2025-01-21 am EST			5-day change	1st Jan Change
7.390 ^EUR	+1.73%		+3.18%	-9.03%

Jan. 21	Global airlines in talks with Brazil's Gol as part of bankruptcy exit, reports local media	RE
Jan. 21	Portuguese airline TAP's passenger traffic up in 2024, Americas lead growth	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	4,242	2,188	2,483	3,163	3,570	1,941	1,941	-
Change	-	-48.41%	13.46%	27.38%	12.87%	-45.63%	0%	-
Enterprise Value (EV) ¹	10,389	13,237	10,699	9,500	8,611	8,764	9,390	9,420
Change	-	27.41%	-19.18%	-11.21%	-9.36%	1.78%	7.13%	0.33%
P/E ratio	14.6x	-0.31x	-0.65x	3.97x	3.32x	3.83x	2.05x	1.86x
PBR	1.86x	-0.4x	-0.65x	-0.8x	-1.74x	-1.3x	-3.48x	3.69x
PEG	-	0x	0x	-0x	0.1x	-0.1x	0x	0.2x
Capitalization / Revenue	0.16x	0.2x	0.17x	0.12x	0.12x	0.06x	0.06x	0.06x
EV / Revenue	0.38x	1.19x	0.75x	0.36x	0.29x	0.28x	0.29x	0.28x
EV / EBITDA	2.52x	-7.84x	14.4x	2.63x	2.05x	2.16x	2.04x	1.9x
EV / EBIT	9.11x	-2.91x	-6.58x	7.96x	5.03x	6.47x	5.33x	4.73x
EV / FCF	19.9x	-2.69x	46.3x	5.04x	-20.2x	-11.6x	-15.3x	-40.3x
FCF Yield	5.03%	-37.2%	2.16%	19.8%	-4.95%	-8.65%	-6.53%	-2.48%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	6.802	-165.6	-59.5	3.1	4.1	1.93	3.602	3.974
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	27,189	11,088	14,315	26,393	30,019	31,279	32,645	34,007
EBITDA ¹	4,128	-1,689	745	3,615	4,208	4,052	4,609	4,962
EBIT ¹	1,141	-4,548	-1,626	1,193	1,712	1,354	1,761	1,991
Net income ¹	290	-7,078	-3,292	728	934	487.9	999.1	1,118
Net Debt ¹	6,147	11,049	8,216	6,337	5,041	6,823	7,449	7,479
Reference price ²	99.240	51.200	38.710	12.310	13.592	7.390	7.390	7.390
Nbr of stocks (in thousands)	42,749	42,743	64,143	256,933	262,649	262,626	262,626	-
Announcement Date	2/20/20	2/18/21	2/17/22	2/17/23	2/29/24	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield	Capi. ($)
AIR FRANCE-KLM	3.76x	0.28x	2.15x	-.--%	2.02B
DELTA AIR LINES, INC.	10.94x	1.01x	6.88x	+0.71%	43.81B
UNITED AIRLINES HOLDINGS, INC.	11.26x	0.94x	6.52x	-.--%	36.35B
RYANAIR HOLDINGS PLC	13.12x	1.34x	6.53x	+2.07%	21.51B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	7.21x	0.82x	4.12x	+2.04%	19.59B
INTERGLOBE AVIATION LIMITED	23.47x	2.16x	9.71x	+0.44%	17.91B
AIR CHINA LIMITED	122.05x	1.84x	9.33x	+0.03%	16.65B
CHINA SOUTHERN AIRLINES COMPANY LIMITED	771.53x	1.66x	8.85x	-.--%	14.25B
SINGAPORE AIRLINES LIMITED	7.95x	1.19x	5.39x	+4.66%	13.99B
TÜRK HAVA YOLLARI ANONIM ORTAKLIGI	4.15x	0.91x	4.08x	+0.94%	11.67B
Average	97.54x	1.21x	6.36x	+1.09%	19.77B
Weighted average by Cap.	75.47x	1.23x	6.79x	+1.01%