AXA SA (1CS.MI) Stock Fundamental Analysis
BIT:1CS - Euronext Milan - FR0000120628 - Common Stock - Currency: EUR
1CS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 33 industry peers in the Insurance industry. 1CS has an average financial health and profitability rating. 1CS is not valued too expensively and it also shows a decent growth rate. Finally 1CS also has an excellent dividend rating. This makes 1CS very considerable for dividend investing!
1. Profitability
1.1 Basic Checks
1CS had positive earnings in the past year.
1CS had a positive operating cash flow in the past year.
1CS had positive earnings in each of the past 5 years.
1CS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.12%, 1CS is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
Looking at the Return On Equity, with a value of 15.16%, 1CS is in the better half of the industry, outperforming 69.44% of the companies in the same industry.
1CS has a better Return On Invested Capital (1.32%) than 61.11% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 1CS is in line with the industry average of 2.25%.
The 3 year average ROIC (1.23%) for 1CS is below the current ROIC(1.32%), indicating increased profibility in the last year.
| 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's Profit Margin of 8.20% is in line compared to the rest of the industry. 1CS outperforms 47.22% of its industry peers.
1CS's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 11.69%, 1CS is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
In the last couple of years the Operating Margin of 1CS has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1CS is destroying value.
1CS has less shares outstanding than it did 1 year ago.
The number of shares outstanding for 1CS has been reduced compared to 5 years ago.
1CS has about the same debt/assets ratio as last year.
2.2 Solvency
Based on the Altman-Z score of 0.35, we must say that 1CS is in the distress zone and has some risk of bankruptcy.
With an excellent Altman-Z score value of 0.35, 1CS belongs to the best of the industry, outperforming 86.11% 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 decent Debt to FCF ratio value of 3.32, 1CS is doing good in the industry, outperforming 61.11% of the companies in the same industry.
1CS has a Debt/Equity ratio of 0.57. This is a neutral value indicating 1CS is somewhat dependend on debt financing.
The Debt to Equity ratio of 1CS (0.57) is better than 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.32 | ||
| Altman-Z | 0.35 |
ROIC/WACC0.13
WACC10.35%
2.3 Liquidity
A Current Ratio of 1.00 indicates that 1CS should not have too much problems paying its short term obligations.
1CS's Current ratio of 1.00 is amongst the best of the industry. 1CS outperforms 86.11% of its industry peers.
A Quick Ratio of 1.00 indicates that 1CS should not have too much problems paying its short term obligations.
1CS has a Quick ratio of 1.00. This is amongst the best in the industry. 1CS outperforms 86.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.49% over the past year.
The Earnings Per Share has been growing by 32.03% on average over the past years. This is a very strong growth
Looking at the last year, 1CS shows a very negative growth in Revenue. The Revenue has decreased by -11.35% in the last year.
1CS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.60% yearly.
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.
The Revenue is expected to grow by 5.65% on average over the next years.
EPS Next Y7.01%
EPS Next 2Y8.89%
EPS Next 3Y8.1%
EPS Next 5Y5.8%
Revenue Next Year-9.57%
Revenue Next 2Y-2.36%
Revenue Next 3Y-0.04%
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 11.81, the valuation of 1CS can be described as very reasonable.
1CS's Price/Earnings ratio is a bit cheaper when compared to the industry. 1CS is cheaper than 66.67% of the companies in the same industry.
1CS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
A Price/Forward Earnings ratio of 9.47 indicates a reasonable valuation of 1CS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1CS indicates a somewhat cheap valuation: 1CS is cheaper than 66.67% of the companies listed in the same industry.
1CS is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.81 | ||
| Fwd PE | 9.47 |
4.2 Price Multiples
1CS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. 1CS is cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.46 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
1CS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.68
PEG (5Y)0.37
EPS Next 2Y8.89%
EPS Next 3Y8.1%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.56%, 1CS is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.64, 1CS pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, 1CS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
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
62.10% of the earnings are spent on dividend by 1CS. 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 2Y8.89%
EPS Next 3Y8.1%
BIT:1CS (3/3/2025, 7:00:00 PM)
38.15
+0.5 (+1.33%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners36.79%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap84.50B
Analysts80
Price Target41.25 (8.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
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)1.68%
PT rev (3m)2.5%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.18%
EPS NY rev (3m)-1.03%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)4.65%
Revenue NY rev (3m)0.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.81 | ||
| Fwd PE | 9.47 | ||
| P/S | 0.97 | ||
| P/FCF | 10.46 | ||
| P/OCF | 9.87 | ||
| P/B | 1.78 | ||
| P/tB | 3.45 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.23
EY8.47%
EPS(NY)4.03
Fwd EY10.56%
FCF(TTM)3.65
FCFY9.56%
OCF(TTM)3.86
OCFY10.13%
SpS39.5
BVpS21.37
TBVpS11.07
PEG (NY)1.68
PEG (5Y)0.37
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 | 0.35 |
F-Score7
WACC10.35%
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 Y7.01%
EPS Next 2Y8.89%
EPS Next 3Y8.1%
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-9.57%
Revenue Next 2Y-2.36%
Revenue Next 3Y-0.04%
Revenue Next 5Y5.65%
EBIT growth 1Y4.29%
EBIT growth 3Y12.44%
EBIT growth 5Y-0.05%
EBIT Next Year23.05%
EBIT Next 3Y8.68%
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%