Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Not financial advice. Analytical data for research only.
Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.
Air France-KLM SA is a leading European airline holding company formed in May 2004 through the merger of Air France and KLM Royal Dutch Airlines, both founding members of the SkyTeam alliance. It operates as a unified group while preserving the distinct brands and identities of its airlines, with primary hubs at Paris-Charles de Gaulle and Amsterdam-Schiphol airports. The group's core businesses encompass passenger transport, cargo, and engineering & maintenance, serving over 320 destinations across 118 countries with a modern fleet exceeding 500 aircraft, including long-haul models like Airbus A350s and Boeing 777s, medium-haul Airbus A320s and Boeing 737s, regional Embraers, and dedicated cargo freighters. Wholly owned subsidiaries include HOP!, KLM Cityhopper, Transavia, Transavia France, and Martinair, alongside minority stakes in carriers such as Kenya Airways and Air Mauritius. Air France-KLM SA plays a pivotal role in international air transport from Europe, transporting millions of passengers annually and emphasizing sustainability through fuel-efficient aircraft to reduce emissions. Its global network and alliances enhance connectivity, positioning it as a key player in the aviation industry.
€12.01
€0.19 (-1.60%)
EOD Aug 17, 2026
Operating margin is thin at 6.13%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 4.9%, steady but not accelerating.
Net debt of €9.36B represents 15.4x FCF, leverage limits flexibility.
2.2x earnings, 5.3x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€33.32B
▲ +4.9% YoY
Net Income (TTM)
€1.75B
▲ +258.7% YoY
Op. Margin
7.10%
▲ +1.0pp YoY
ROIC
11.42%
▲ +2.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€596M
▲ +361.2% YoY
Op. Cash Flow (TTM)
€2.51B
▲ +1183.2% YoY
Net Debt
€9.36B
Cash & Equiv.
€6.04B
3Y CAGR: +7.7%
3Y CAGR: -31.5%
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At a P/E of 2.2 and a price-to-free-cash-flow of 5.3, Air France-KLM SA (AF.XPAR) trades above a two-stage DCF intrinsic value of about €3.68 per share, so at €12.01 the stock looks overvalued (69.3% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Air France-KLM SA scores 67/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.1%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €3.68 per share for AF.XPAR, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €2.76. At today's €12.01, that puts the stock about 69.3% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Air France-KLM SA scores 67 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 7.1% operating margin and a 11.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Air France-KLM SA pays a regular dividend of about €0.01 per share per year (typically in quarterly installments), a yield of roughly 0.1% at the current price. That is a payout ratio of about 0.1% of earnings, so the dividend is amply covered by earnings. Air France-KLM SA has grown the dividend at roughly 26.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For AF.XPAR's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. AF.XPAR currently trades above its estimated intrinsic value and scores 67/100 on quality (solid). It also yields about 0.1%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.