AXA SA (AXA.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AXA - FR0000120628 - Common Stock
39.4 EUR
+0.14 (+0.36%)
Taking everything into account, AXA scores 5 out of 10 in our fundamental rating. AXA was compared to 48 industry peers in the Insurance industry. AXA has an average financial health and profitability rating. AXA has a correct valuation and a medium growth rate. Finally AXA also has an excellent dividend rating. These ratings could make AXA a good candidate for dividend investing.
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.
- 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
- AXA has a Return On Assets of 1.18%. This is comparable to the rest of the industry: AXA outperforms 43.75% of its industry peers.
- AXA has a better Return On Equity (16.72%) than 60.42% 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 52.08% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for AXA is in line with the industry average of 2.70%.
| 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's Profit Margin of 8.52% is in line compared to the rest of the industry. AXA outperforms 41.67% of its industry peers.
- 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 43.75% of the companies in the same industry.
- AXA'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), 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
- 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.
- The Altman-Z score of AXA (0.35) is better than 89.58% 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.
- AXA's Debt to FCF ratio of 1.41 is fine compared to the rest of the industry. AXA outperforms 75.00% of its industry peers.
- AXA has a Debt/Equity ratio of 0.65. This is a neutral value indicating AXA is somewhat dependend on debt financing.
- The Debt to Equity ratio of AXA (0.65) is comparable to the rest of the industry.
- 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
WACC10.87%
2.3 Liquidity
- A Current Ratio of 0.82 indicates that AXA may have some problems paying its short term obligations.
- AXA has a better Current ratio (0.82) than 83.33% 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 Quick ratio of 0.82. This is amongst the best in the industry. AXA outperforms 83.33% 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.
- 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.
- 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
- Based on estimates for the next years, AXA will show a small growth in Earnings Per Share. The EPS will grow by 6.61% on average per year.
- Based on estimates for the next years, AXA will show a quite strong growth in Revenue. The Revenue will grow by 8.21% on average per year.
EPS Next Y12.2%
EPS Next 2Y9.08%
EPS Next 3Y8.44%
EPS Next 5Y6.61%
Revenue Next Year9.09%
Revenue Next 2Y6.99%
Revenue Next 3Y6.85%
Revenue Next 5Y8.21%
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.
- 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
- AXA is valuated reasonably with a Price/Earnings ratio of 10.51.
- AXA's Price/Earnings ratio is a bit cheaper when compared to the industry. AXA is cheaper than 77.08% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.38, AXA is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 9.22, the valuation of AXA can be described as reasonable.
- Based on the Price/Forward Earnings ratio, AXA is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, AXA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.51 | ||
| Fwd PE | 9.22 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, AXA is valued cheaper than 85.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4 | ||
| 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)0.86
PEG (5Y)0.58
EPS Next 2Y9.08%
EPS Next 3Y8.44%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.46%, AXA is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 4.19, AXA pays a better dividend. On top of this AXA pays more dividend than 85.42% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.84, AXA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.46% |
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
- 61.79% of the earnings are spent on dividend by AXA. 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 2Y9.08%
EPS Next 3Y8.44%
FRA:AXA (1/19/2026, 7:00:00 PM)
39.4
+0.14 (+0.36%)
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 Cap83.67B
Revenue(TTM)89.27B
Net Income(TTM)7.61B
Analysts82.96
Price Target45.61 (15.76%)
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)0.18%
PT rev (3m)-0.39%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.21%
EPS NY rev (3m)-2.06%
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 | 10.51 | ||
| Fwd PE | 9.22 | ||
| P/S | 0.94 | ||
| P/FCF | 4 | ||
| P/OCF | 3.91 | ||
| P/B | 1.84 | ||
| P/tB | 3.47 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.75
EY9.52%
EPS(NY)4.27
Fwd EY10.84%
FCF(TTM)9.85
FCFY25.01%
OCF(TTM)10.08
OCFY25.57%
SpS42.04
BVpS21.42
TBVpS11.35
PEG (NY)0.86
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
WACC10.87%
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 Y12.2%
EPS Next 2Y9.08%
EPS Next 3Y8.44%
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 / 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.
What is the valuation status of AXA SA (AXA.DE) stock?
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.
Can you provide the PE and PB ratios for AXA stock?
The Price/Earnings (PE) ratio for AXA SA (AXA.DE) is 10.51 and the Price/Book (PB) ratio is 1.84.
Can you provide the dividend sustainability for AXA stock?
The dividend rating of AXA SA (AXA.DE) is 7 / 10 and the dividend payout ratio is 61.79%.