AXA SA (AXA.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AXA - FR0000120628 - Common Stock
41.21 EUR
+0.36 (+0.88%)
Taking everything into account, AXA scores 5 out of 10 in our fundamental rating. AXA was compared to 45 industry peers in the Insurance industry. AXA has only an average score on both its financial health and profitability. AXA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
AXA had positive earnings in the past year.
AXA had a positive operating cash flow in the past year.
In the past 5 years AXA has always been profitable.
In the past 5 years AXA always reported a positive cash flow from operatings.
1.2 Ratios
AXA has a Return On Assets (1.18%) which is in line with its industry peers.
The Return On Equity of AXA (16.72%) is better than 64.44% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.28%, AXA is in line with its industry, outperforming 55.56% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AXA is in line with the industry average of 2.72%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.18% | ||
| ROE | 16.72% | ||
| ROIC | 1.28% |
ROA(3y)1.09%
ROA(5y)0.91%
ROE(3y)14.54%
ROE(5y)11.55%
ROIC(3y)1.29%
ROIC(5y)1.11%
1.3 Margins
The Profit Margin of AXA (8.52%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AXA has grown nicely.
Looking at the Operating Margin, with a value of 11.47%, AXA is in line with its industry, outperforming 48.89% of the companies in the same industry.
In the last couple of years the Operating Margin of AXA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.47% | ||
| PM (TTM) | 8.52% | ||
| GM | N/A |
OM growth 3Y15.12%
OM growth 5Y20.23%
PM growth 3Y14.87%
PM growth 5Y26.69%
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), AXA is destroying value.
The number of shares outstanding for AXA has been reduced compared to 1 year ago.
AXA has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, AXA has a worse debt to assets ratio.
2.2 Solvency
AXA has an Altman-Z score of 0.35. This is a bad value and indicates that AXA is not financially healthy and even has some risk of bankruptcy.
AXA has a better Altman-Z score (0.35) than 91.11% of its industry peers.
AXA has a debt to FCF ratio of 1.41. This is a very positive value and a sign of high solvency as it would only need 1.41 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.41, AXA is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
AXA has a Debt/Equity ratio of 0.65. This is a neutral value indicating AXA is somewhat dependend on debt financing.
AXA's Debt to Equity ratio of 0.65 is in line compared to the rest of the industry. AXA outperforms 46.67% of its industry peers.
Even though the debt/equity ratio score it not favorable for AXA, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | 0.35 |
ROIC/WACC0.12
WACC10.69%
2.3 Liquidity
AXA has a Current Ratio of 0.82. This is a bad value and indicates that AXA is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of AXA (0.82) is better than 84.44% of its industry peers.
A Quick Ratio of 0.82 indicates that AXA may have some problems paying its short term obligations.
AXA's Quick ratio of 0.82 is amongst the best of the industry. AXA outperforms 84.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.70% over the past year.
AXA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.09% yearly.
Looking at the last year, AXA shows a small growth in Revenue. The Revenue has grown by 4.40% in the last year.
AXA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -8.16% yearly.
EPS 1Y (TTM)8.7%
EPS 3Y9.29%
EPS 5Y18.09%
EPS Q2Q%8.56%
Revenue 1Y (TTM)4.4%
Revenue growth 3Y-10.62%
Revenue growth 5Y-8.16%
Sales Q2Q%3.72%
3.2 Future
Based on estimates for the next years, AXA will show a small growth in Earnings Per Share. The EPS will grow by 6.92% on average per year.
The Revenue is expected to grow by 8.53% on average over the next years. This is quite good.
EPS Next Y11.96%
EPS Next 2Y9.07%
EPS Next 3Y8.34%
EPS Next 5Y6.92%
Revenue Next Year9.09%
Revenue Next 2Y7%
Revenue Next 3Y6.85%
Revenue Next 5Y8.53%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.99, the valuation of AXA can be described as reasonable.
Based on the Price/Earnings ratio, AXA is valued a bit cheaper than 77.78% of the companies in the same industry.
AXA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.39.
Based on the Price/Forward Earnings ratio of 9.65, the valuation of AXA can be described as reasonable.
77.78% of the companies in the same industry are more expensive than AXA, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.84. AXA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.99 | ||
| Fwd PE | 9.65 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, AXA is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.18 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
AXA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.92
PEG (5Y)0.61
EPS Next 2Y9.07%
EPS Next 3Y8.34%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.27%, AXA is a good candidate for dividend investing.
AXA's Dividend Yield is a higher than the industry average which is at 3.95.
AXA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.27% |
5.2 History
The dividend of AXA is nicely growing with an annual growth rate of 8.12%!
Dividend Growth(5Y)8.12%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
AXA pays out 61.79% of its income as dividend. This is not a sustainable payout ratio.
The dividend of AXA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP61.79%
EPS Next 2Y9.07%
EPS Next 3Y8.34%
FRA:AXA (12/19/2025, 7:00:00 PM)
41.21
+0.36 (+0.88%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners40.12%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap87.52B
Revenue(TTM)89.27B
Net Income(TTM)7.61B
Analysts82.96
Price Target45.56 (10.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.27% |
Yearly Dividend2.02
Dividend Growth(5Y)8.12%
DP61.79%
Div Incr Years4
Div Non Decr Years4
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)0.28%
PT rev (3m)0.3%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.2%
EPS NY rev (3m)-2.28%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.99 | ||
| Fwd PE | 9.65 | ||
| P/S | 0.98 | ||
| P/FCF | 4.18 | ||
| P/OCF | 4.09 | ||
| P/B | 1.92 | ||
| P/tB | 3.63 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.75
EY9.1%
EPS(NY)4.27
Fwd EY10.36%
FCF(TTM)9.85
FCFY23.91%
OCF(TTM)10.08
OCFY24.45%
SpS42.04
BVpS21.42
TBVpS11.35
PEG (NY)0.92
PEG (5Y)0.61
Graham Number42.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.18% | ||
| ROE | 16.72% | ||
| ROCE | 1.62% | ||
| ROIC | 1.28% | ||
| ROICexc | 1.33% | ||
| ROICexgc | 1.74% | ||
| OM | 11.47% | ||
| PM (TTM) | 8.52% | ||
| GM | N/A | ||
| FCFM | 23.44% |
ROA(3y)1.09%
ROA(5y)0.91%
ROE(3y)14.54%
ROE(5y)11.55%
ROIC(3y)1.29%
ROIC(5y)1.11%
ROICexc(3y)1.34%
ROICexc(5y)1.16%
ROICexgc(3y)1.75%
ROICexgc(5y)1.48%
ROCE(3y)1.62%
ROCE(5y)1.41%
ROICexgc growth 3Y10.47%
ROICexgc growth 5Y16.55%
ROICexc growth 3Y8.69%
ROICexc growth 5Y14.36%
OM growth 3Y15.12%
OM growth 5Y20.23%
PM growth 3Y14.87%
PM growth 5Y26.69%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 1.41 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.53% | ||
| Interest Coverage | 1.98 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 275.1% | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 0.35 |
F-Score7
WACC10.69%
ROIC/WACC0.12
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.46%
Cap/Sales(5y)0.4%
Profit Quality(3y)104.89%
Profit Quality(5y)238.88%
High Growth Momentum
Growth
EPS 1Y (TTM)8.7%
EPS 3Y9.29%
EPS 5Y18.09%
EPS Q2Q%8.56%
EPS Next Y11.96%
EPS Next 2Y9.07%
EPS Next 3Y8.34%
EPS Next 5Y6.92%
Revenue 1Y (TTM)4.4%
Revenue growth 3Y-10.62%
Revenue growth 5Y-8.16%
Sales Q2Q%3.72%
Revenue Next Year9.09%
Revenue Next 2Y7%
Revenue Next 3Y6.85%
Revenue Next 5Y8.53%
EBIT growth 1Y7.05%
EBIT growth 3Y2.9%
EBIT growth 5Y10.41%
EBIT Next Year25.92%
EBIT Next 3Y11.14%
EBIT Next 5YN/A
FCF growth 1Y150.74%
FCF growth 3Y7.74%
FCF growth 5Y9.94%
OCF growth 1Y145.39%
OCF growth 3Y7.85%
OCF growth 5Y9.48%
AXA SA / AXA.DE FAQ
What is the ChartMill fundamental rating of AXA SA (AXA.DE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to AXA.DE.
Can you provide the valuation status for AXA SA?
ChartMill assigns a valuation rating of 6 / 10 to AXA SA (AXA.DE). This can be considered as Fairly Valued.
What is the profitability of AXA stock?
AXA SA (AXA.DE) has a profitability rating of 5 / 10.
What is the valuation of AXA SA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for AXA SA (AXA.DE) is 10.99 and the Price/Book (PB) ratio is 1.92.
How sustainable is the dividend of AXA SA (AXA.DE) stock?
The dividend rating of AXA SA (AXA.DE) is 6 / 10 and the dividend payout ratio is 61.79%.