AXA SA (CS.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:CS - FR0000120628 - Common Stock
39.27 EUR
-0.09 (-0.23%)
Taking everything into account, CS scores 5 out of 10 in our fundamental rating. CS was compared to 46 industry peers in the Insurance industry. CS has an average financial health and profitability rating. CS has a correct valuation and a medium growth rate. Finally CS also has an excellent dividend rating. This makes CS very considerable for dividend investing!
1. Profitability
1.1 Basic Checks
- CS had positive earnings in the past year.
- CS had a positive operating cash flow in the past year.
- CS had positive earnings in each of the past 5 years.
- Each year in the past 5 years CS had a positive operating cash flow.
1.2 Ratios
- CS has a Return On Assets (1.18%) which is comparable to the rest of the industry.
- CS has a better Return On Equity (16.72%) than 60.87% of its industry peers.
- CS has a Return On Invested Capital (1.28%) which is in line with its industry peers.
- CS had an Average Return On Invested Capital over the past 3 years of 1.29%. This is in line with the industry average of 2.71%.
| 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 CS (8.52%) is comparable to the rest of the industry.
- CS's Profit Margin has improved in the last couple of years.
- The Operating Margin of CS (11.47%) is comparable to the rest of the industry.
- CS's Operating Margin has improved in the last couple of years.
| 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), CS is destroying value.
- CS has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for CS has been reduced compared to 5 years ago.
- The debt/assets ratio for CS is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.35, we must say that CS is in the distress zone and has some risk of bankruptcy.
- CS has a better Altman-Z score (0.35) than 91.30% of its industry peers.
- CS 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 a decent Debt to FCF ratio value of 1.41, CS is doing good in the industry, outperforming 73.91% of the companies in the same industry.
- CS has a Debt/Equity ratio of 0.65. This is a neutral value indicating CS is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.65, CS perfoms like the industry average, outperforming 45.65% of the companies in the same industry.
- Although CS does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | 0.35 |
ROIC/WACC0.12
WACC10.79%
2.3 Liquidity
- A Current Ratio of 0.82 indicates that CS may have some problems paying its short term obligations.
- CS's Current ratio of 0.82 is amongst the best of the industry. CS outperforms 84.78% of its industry peers.
- CS has a Quick Ratio of 0.82. This is a bad value and indicates that CS is not financially healthy enough and could expect problems in meeting its short term obligations.
- CS's Quick ratio of 0.82 is amongst the best of the industry. CS outperforms 84.78% 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.
- Measured over the past years, CS 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.
- CS 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, CS will show a small growth in Earnings Per Share. The EPS will grow by 6.61% on average per year.
- The Revenue is expected to grow by 8.21% on average over the next years. This is quite good.
EPS Next Y12.47%
EPS Next 2Y9.09%
EPS Next 3Y8.52%
EPS Next 5Y6.61%
Revenue Next Year9.09%
Revenue Next 2Y6.99%
Revenue Next 3Y6.85%
Revenue Next 5Y8.21%
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
- The Price/Earnings ratio is 10.47, which indicates a very decent valuation of CS.
- 78.26% of the companies in the same industry are more expensive than CS, based on the Price/Earnings ratio.
- CS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.47.
- Based on the Price/Forward Earnings ratio of 9.19, the valuation of CS can be described as reasonable.
- Based on the Price/Forward Earnings ratio, CS is valued a bit cheaper than 76.09% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, CS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.47 | ||
| Fwd PE | 9.19 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, CS is valued cheaply inside the industry as 86.96% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.99 | ||
| 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)0.58
EPS Next 2Y9.09%
EPS Next 3Y8.52%
5. Dividend
5.1 Amount
- CS has a Yearly Dividend Yield of 5.46%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.93, CS pays a better dividend. On top of this CS pays more dividend than 80.43% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, CS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.46% |
5.2 History
- The dividend of CS 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
- CS pays out 61.79% of its income as dividend. This is not a sustainable payout ratio.
- CS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP61.79%
EPS Next 2Y9.09%
EPS Next 3Y8.52%
EPA:CS (1/16/2026, 7:00:00 PM)
39.27
-0.09 (-0.23%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)08-01 2025-08-01/bmo
Earnings (Next)02-26 2026-02-26/amc
Inst Owners40.46%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap83.40B
Revenue(TTM)89.27B
Net Income(TTM)7.61B
Analysts82.96
Price Target45.57 (16.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.46% |
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)0.07%
PT rev (3m)-0.44%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.45%
EPS NY rev (3m)-1.82%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.47 | ||
| Fwd PE | 9.19 | ||
| P/S | 0.93 | ||
| P/FCF | 3.99 | ||
| P/OCF | 3.9 | ||
| P/B | 1.83 | ||
| P/tB | 3.46 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.75
EY9.55%
EPS(NY)4.27
Fwd EY10.88%
FCF(TTM)9.85
FCFY25.09%
OCF(TTM)10.08
OCFY25.66%
SpS42.04
BVpS21.42
TBVpS11.35
PEG (NY)0.84
PEG (5Y)0.58
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
WACC10.79%
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 Y12.47%
EPS Next 2Y9.09%
EPS Next 3Y8.52%
EPS Next 5Y6.61%
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 2Y6.99%
Revenue Next 3Y6.85%
Revenue Next 5Y8.21%
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 / CS.PA FAQ
What is the ChartMill fundamental rating of AXA SA (CS.PA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to CS.PA.
What is the valuation status of AXA SA (CS.PA) stock?
ChartMill assigns a valuation rating of 6 / 10 to AXA SA (CS.PA). This can be considered as Fairly Valued.
What is the profitability of CS stock?
AXA SA (CS.PA) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for CS stock?
The Price/Earnings (PE) ratio for AXA SA (CS.PA) is 10.47 and the Price/Book (PB) ratio is 1.83.
What is the financial health of AXA SA (CS.PA) stock?
The financial health rating of AXA SA (CS.PA) is 5 / 10.