AXA SA (1CS.MI) Stock Fundamental Analysis
BIT:1CS - Borsa Italiana Milan - FR0000120628 - Common Stock - Currency: EUR
Overall 1CS gets a fundamental rating of 5 out of 10. We evaluated 1CS against 32 industry peers in the Insurance industry. 1CS has an average financial health and profitability rating. 1CS has a correct valuation and a medium growth rate. 1CS also has an excellent dividend rating. With these ratings, 1CS could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
In the past year 1CS was profitable.
In the past year 1CS had a positive cash flow from operations.
In the past 5 years 1CS has always been profitable.
Each year in the past 5 years 1CS had a positive operating cash flow.
1.2 Ratios
1CS has a Return On Assets (1.12%) which is in line with its industry peers.
The Return On Equity of 1CS (15.16%) is comparable to the rest of the industry.
1CS has a Return On Invested Capital (1.32%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for 1CS is in line with the industry average of 2.08%.
The last Return On Invested Capital (1.32%) for 1CS is above the 3 year average (1.23%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 15.16% | ||
| ROIC | 1.32% |
ROA(3y)1.01%
ROA(5y)0.77%
ROE(3y)12.73%
ROE(5y)9.51%
ROIC(3y)1.23%
ROIC(5y)1.01%
1.3 Margins
1CS has a worse Profit Margin (8.20%) than 60.00% of its industry peers.
In the last couple of years the Profit Margin of 1CS has grown nicely.
1CS has a Operating Margin of 11.69%. This is comparable to the rest of the industry: 1CS outperforms 56.67% of its industry peers.
1CS's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.69% | ||
| PM (TTM) | 8.2% | ||
| GM | N/A |
OM growth 3Y23.76%
OM growth 5Y4.76%
PM growth 3Y46.22%
PM growth 5Y36.38%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1CS is destroying value.
The number of shares outstanding for 1CS has been reduced compared to 1 year ago.
Compared to 5 years ago, 1CS has less shares outstanding
Compared to 1 year ago, 1CS has about the same debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.34, we must say that 1CS is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.34, 1CS belongs to the top of the industry, outperforming 93.33% of the companies in the same industry.
1CS has a debt to FCF ratio of 3.32. This is a good value and a sign of high solvency as 1CS would need 3.32 years to pay back of all of its debts.
With a Debt to FCF ratio value of 3.32, 1CS perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
A Debt/Equity ratio of 0.57 indicates that 1CS is somewhat dependend on debt financing.
1CS has a Debt to Equity ratio (0.57) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.32 | ||
| Altman-Z | 0.34 |
ROIC/WACC0.13
WACC10.16%
2.3 Liquidity
1CS has a Current Ratio of 1.00. This is a normal value and indicates that 1CS is financially healthy and should not expect problems in meeting its short term obligations.
1CS has a better Current ratio (1.00) than 80.00% of its industry peers.
1CS has a Quick Ratio of 1.00. This is a normal value and indicates that 1CS is financially healthy and should not expect problems in meeting its short term obligations.
1CS's Quick ratio of 1.00 is fine compared to the rest of the industry. 1CS outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
1CS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.49%, which is quite good.
The Earnings Per Share has been growing by 32.03% on average over the past years. This is a very strong growth
The Revenue for 1CS has decreased by -11.35% in the past year. This is quite bad
The Revenue has been decreasing by -4.60% on average over the past years.
EPS 1Y (TTM)17.49%
EPS 3Y35.79%
EPS 5Y32.03%
EPS Q2Q%4.47%
Revenue 1Y (TTM)-11.35%
Revenue growth 3Y-9.14%
Revenue growth 5Y-4.6%
Sales Q2Q%-21.85%
3.2 Future
1CS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.80% yearly.
1CS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.65% yearly.
EPS Next Y6.81%
EPS Next 2Y8.71%
EPS Next 3Y7.94%
EPS Next 5Y5.8%
Revenue Next Year-13.58%
Revenue Next 2Y-4.81%
Revenue Next 3Y-3.63%
Revenue Next 5Y5.65%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.48, the valuation of 1CS can be described as very reasonable.
The rest of the industry has a similar Price/Earnings ratio as 1CS.
1CS is valuated cheaply when we compare the Price/Earnings ratio to 28.47, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.23, the valuation of 1CS can be described as very reasonable.
1CS's Price/Forward Earnings ratio is in line with the industry average.
1CS is valuated cheaply when we compare the Price/Forward Earnings ratio to 92.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.48 | ||
| Fwd PE | 9.23 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as 1CS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.16 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
1CS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.68
PEG (5Y)0.36
EPS Next 2Y8.71%
EPS Next 3Y7.94%
5. Dividend
5.1 Amount
1CS has a Yearly Dividend Yield of 5.40%, which is a nice return.
1CS's Dividend Yield is a higher than the industry average which is at 5.01.
1CS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.4% |
5.2 History
The dividend of 1CS has a limited annual growth rate of 4.19%.
Dividend Growth(5Y)4.19%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1CS pays out 62.10% of its income as dividend. This is not a sustainable payout ratio.
1CS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.1%
EPS Next 2Y8.71%
EPS Next 3Y7.94%
AXA SA
BIT:1CS (2/4/2025, 7:00:00 PM)
37.07
+0.76 (+2.09%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners41.04%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap82.08B
Analysts80.71
Price Target40.57 (9.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.4% |
Yearly Dividend1.76
Dividend Growth(5Y)4.19%
DP62.1%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.42%
PT rev (3m)5.17%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.22%
EPS NY rev (3m)0.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-4.43%
Revenue NY rev (3m)-4.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.48 | ||
| Fwd PE | 9.23 | ||
| P/S | 0.94 | ||
| P/FCF | 10.16 | ||
| P/OCF | 9.59 | ||
| P/B | 1.73 | ||
| P/tB | 3.35 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.23
EY8.71%
EPS(NY)4.02
Fwd EY10.83%
FCF(TTM)3.65
FCFY9.85%
OCF(TTM)3.87
OCFY10.43%
SpS39.51
BVpS21.38
TBVpS11.07
PEG (NY)1.68
PEG (5Y)0.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 15.16% | ||
| ROCE | 1.63% | ||
| ROIC | 1.32% | ||
| ROICexc | 1.37% | ||
| ROICexgc | 1.79% | ||
| OM | 11.69% | ||
| PM (TTM) | 8.2% | ||
| GM | N/A | ||
| FCFM | 9.24% |
ROA(3y)1.01%
ROA(5y)0.77%
ROE(3y)12.73%
ROE(5y)9.51%
ROIC(3y)1.23%
ROIC(5y)1.01%
ROICexc(3y)1.28%
ROICexc(5y)1.05%
ROICexgc(3y)1.64%
ROICexgc(5y)1.33%
ROCE(3y)1.52%
ROCE(5y)1.25%
ROICexcg growth 3Y24.63%
ROICexcg growth 5Y6.98%
ROICexc growth 3Y21.16%
ROICexc growth 5Y7.2%
OM growth 3Y23.76%
OM growth 5Y4.76%
PM growth 3Y46.22%
PM growth 5Y36.38%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.32 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.55% | ||
| Interest Coverage | 1.51 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 112.61% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 0.34 |
F-Score7
WACC10.16%
ROIC/WACC0.13
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.37%
Cap/Sales(5y)0.36%
Profit Quality(3y)112.32%
Profit Quality(5y)257.76%
High Growth Momentum
Growth
EPS 1Y (TTM)17.49%
EPS 3Y35.79%
EPS 5Y32.03%
EPS Q2Q%4.47%
EPS Next Y6.81%
EPS Next 2Y8.71%
EPS Next 3Y7.94%
EPS Next 5Y5.8%
Revenue 1Y (TTM)-11.35%
Revenue growth 3Y-9.14%
Revenue growth 5Y-4.6%
Sales Q2Q%-21.85%
Revenue Next Year-13.58%
Revenue Next 2Y-4.81%
Revenue Next 3Y-3.63%
Revenue Next 5Y5.65%
EBIT growth 1Y4.29%
EBIT growth 3Y12.44%
EBIT growth 5Y-0.05%
EBIT Next Year26.06%
EBIT Next 3Y9.55%
EBIT Next 5YN/A
FCF growth 1Y9.42%
FCF growth 3Y-33.47%
FCF growth 5Y-1.8%
OCF growth 1Y11.23%
OCF growth 3Y-32.45%
OCF growth 5Y-1.79%