Is AF.PA undervalued or overvalued?

As of 2025-03-24, the Intrinsic Value of Air France KLM SA (AF.PA) is 13.55 EUR. This AF.PA valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 9.49 EUR, the upside of Air France KLM SA is 39.00%. This means that AF.PA is undervalued by 39.00%.

The range of the Intrinsic Value is (8.06) - 100.19 EUR

	Range	Selected	Upside
a
DCF (Growth 5y)	(8.06) - 100.19	13.55	39.0%
DCF (Growth 10y)	(1.58) - 117.13	22.36	129.3%
DCF (EBITDA 5y)	21.43 - 40.25	30.89	216.9%
DCF (EBITDA 10y)	22.99 - 54.79	37.76	287.4%
Fair Value	6.03 - 6.03	6.03	-38.12%
P/E	9.68 - 13.42	10.66	9.3%
EV/EBITDA	12.29 - 52.75	29.08	198.3%
EPV	88.66 - 192.09	140.38	1340.0%
DDM - Stable	5.00 - 12.23	8.62	-11.6%
DDM - Multi	7.60 - 15.82	10.41	6.8%