GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air France-KLM (OTCPK:AFLYY) » Definitions » Enterprise Value

Air France-KLM (Air France-KLM) Enterprise Value : $10,926 Mil (As of Apr. 25, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Air France-KLM Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Air France-KLM's Enterprise Value is $10,926 Mil. Air France-KLM's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,962 Mil. Therefore, Air France-KLM's EV-to-EBIT ratio for today is 5.57.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Air France-KLM's Enterprise Value is $10,926 Mil. Air France-KLM's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $4,798 Mil. Therefore, Air France-KLM's EV-to-EBITDA ratio for today is 2.28.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Air France-KLM's Enterprise Value is $10,926 Mil. Air France-KLM's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $32,355 Mil. Therefore, Air France-KLM's EV-to-Revenue ratio for today is 0.34.


Air France-KLM Enterprise Value Historical Data

The historical data trend for Air France-KLM's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Air France-KLM Enterprise Value Chart

Air France-KLM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,797.18 18,614.33 14,630.62 10,707.21 12,391.40

Air France-KLM Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,707.21 11,133.34 10,699.26 9,400.11 12,391.40

Competitive Comparison of Air France-KLM's Enterprise Value

For the Airlines subindustry, Air France-KLM's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Air France-KLM's Enterprise Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air France-KLM's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Air France-KLM's Enterprise Value falls into.



Air France-KLM Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Air France-KLM's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Air France-KLM's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Air France-KLM  (OTCPK:AFLYY) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Air France-KLM's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10926.446/1961.553
=5.57

Air France-KLM's current Enterprise Value is $10,926 Mil.
Air France-KLM's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,962 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Air France-KLM's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=10926.446/4798.473
=2.28

Air France-KLM's current Enterprise Value is $10,926 Mil.
Air France-KLM's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,798 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Air France-KLM's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=10926.446/32354.874
=0.34

Air France-KLM's current Enterprise Value is $10,926 Mil.
Air France-KLM's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $32,355 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Air France-KLM Enterprise Value Related Terms

Thank you for viewing the detailed overview of Air France-KLM's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Air France-KLM (Air France-KLM) Business Description

Address
2 Rue Robert Esnault-Pelterie, Paris, FRA, 75007
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The Group has four segments which include Network, Maintenance, Transavia, and Other. The Network segment derives key revenue which includes the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. Its geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.

Air France-KLM (Air France-KLM) Headlines

From GuruFocus

Donald Smith Continues to Buy Airlines and Mining Companies

By Tiziano Frateschi Tiziano Frateschi 11-15-2018