AXA SA (AXA.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AXA - FR0000120628 - Common Stock
38.23 EUR
+0.07 (+0.18%)
Overall AXA gets a fundamental rating of 5 out of 10. We evaluated AXA against 47 industry peers in the Insurance industry. AXA has an average financial health and profitability rating. A decent growth rate in combination with a cheap valuation! Better keep an eye on AXA. These ratings could make AXA a good candidate for value investing.
1. Profitability
1.1 Basic Checks
AXA had positive earnings in the past year.
In the past year AXA had a positive cash flow from operations.
AXA had positive earnings in each of the past 5 years.
Each year in the past 5 years AXA had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.18%, AXA is in line with its industry, outperforming 59.57% of the companies in the same industry.
Looking at the Return On Equity, with a value of 16.72%, AXA is in the better half of the industry, outperforming 74.47% of the companies in the same industry.
AXA has a better Return On Invested Capital (1.28%) than 65.96% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AXA is in line with the industry average of 2.11%.
| 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
AXA has a Profit Margin (8.52%) which is in line with its industry peers.
AXA's Profit Margin has improved in the last couple of years.
AXA's Operating Margin of 11.47% is in line compared to the rest of the industry. AXA outperforms 55.32% of its industry peers.
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.
AXA has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, AXA has less shares outstanding
The debt/assets ratio for AXA is higher compared to a year ago.
2.2 Solvency
AXA has an Altman-Z score of 0.34. 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 (0.34) than 89.36% 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.
With an excellent Debt to FCF ratio value of 1.41, AXA belongs to the best of the industry, outperforming 85.11% 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 57.45% 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 | 0.34 |
ROIC/WACC0.12
WACC10.84%
2.3 Liquidity
A Current Ratio of 0.82 indicates that AXA may have some problems paying its short term obligations.
AXA's Current ratio of 0.82 is amongst the best of the industry. AXA outperforms 89.36% of its industry peers.
AXA has a Quick 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.
AXA has a better Quick ratio (0.82) than 89.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
AXA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.70%, which is quite good.
Measured over the past years, AXA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.09% on average per year.
The Revenue has been growing slightly by 4.40% in the past year.
Measured over the past years, AXA shows a decrease in Revenue. The Revenue has been decreasing by -8.16% on average per year.
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
AXA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.92% yearly.
Based on estimates for the next years, AXA will show a quite strong growth in Revenue. The Revenue will grow by 8.53% on average per year.
EPS Next Y12.18%
EPS Next 2Y9.15%
EPS Next 3Y8.43%
EPS Next 5Y6.92%
Revenue Next Year9.21%
Revenue Next 2Y7.1%
Revenue Next 3Y6.95%
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 10.19, the valuation of AXA can be described as reasonable.
AXA's Price/Earnings ratio is rather cheap when compared to the industry. AXA is cheaper than 82.98% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.65. AXA is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 8.94, which indicates a very decent valuation of AXA.
80.85% of the companies in the same industry are more expensive than AXA, based on the Price/Forward Earnings ratio.
AXA is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.45, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.19 | ||
| Fwd PE | 8.94 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AXA indicates a rather cheap valuation: AXA is cheaper than 91.49% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.88 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.84
PEG (5Y)0.56
EPS Next 2Y9.15%
EPS Next 3Y8.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.69%, AXA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.53, AXA pays a bit more dividend than its industry peers.
AXA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.69% |
5.2 History
On average, the dividend of AXA grows each year by 8.12%, which is quite nice.
Dividend Growth(5Y)8.12%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
61.79% of the earnings are spent on dividend by AXA. This is not a sustainable payout ratio.
AXA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP61.79%
EPS Next 2Y9.15%
EPS Next 3Y8.43%
FRA:AXA (11/24/2025, 7:00:00 PM)
38.23
+0.07 (+0.18%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners40.83%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap81.18B
Revenue(TTM)89.27B
Net Income(TTM)7.61B
Analysts82.96
Price Target45.36 (18.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.69% |
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)-0.96%
PT rev (3m)0.11%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.07%
EPS NY rev (3m)-2.09%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.35%
Revenue NY rev (3m)0.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.19 | ||
| Fwd PE | 8.94 | ||
| P/S | 0.91 | ||
| P/FCF | 3.88 | ||
| P/OCF | 3.79 | ||
| P/B | 1.78 | ||
| P/tB | 3.37 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.75
EY9.81%
EPS(NY)4.28
Fwd EY11.19%
FCF(TTM)9.85
FCFY25.78%
OCF(TTM)10.08
OCFY26.36%
SpS42.04
BVpS21.42
TBVpS11.35
PEG (NY)0.84
PEG (5Y)0.56
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 | 0.34 |
F-Score7
WACC10.84%
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 Y12.18%
EPS Next 2Y9.15%
EPS Next 3Y8.43%
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 Year9.21%
Revenue Next 2Y7.1%
Revenue Next 3Y6.95%
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 10.19 and the Price/Book (PB) ratio is 1.78.
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%.