AXIS CAPITAL HOLDINGS LTD (AXS)
BMG0692U1099 - Common Stock
Overall AXS gets a fundamental rating of 5 out of 10. We evaluated AXS against 141 industry peers in the Insurance industry. AXS has a medium profitability rating, but doesn't score so well on its financial health evaluation. AXS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
AXS had positive earnings in the past year.
In the past year AXS had a positive cash flow from operations.
AXS had positive earnings in 4 of the past 5 years.
AXS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AXS's Return On Assets of 1.14% is in line compared to the rest of the industry. AXS outperforms 50.36% of its industry peers.
Looking at the Return On Equity, with a value of 6.57%, AXS is in line with its industry, outperforming 45.32% of the companies in the same industry.
AXS has a Return On Invested Capital (1.49%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for AXS is below the industry average of 4.12%.
The last Return On Invested Capital (1.49%) for AXS is above the 3 year average (1.37%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 6.57% | ||
| ROIC | 1.49% |
ROA(3y)1.33%
ROA(5y)0.9%
ROE(3y)7.2%
ROE(5y)4.77%
ROIC(3y)1.37%
ROIC(5y)1.13%
1.3 Margins
The Profit Margin of AXS (6.12%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AXS has grown nicely.
With a Operating Margin value of 10.02%, AXS perfoms like the industry average, outperforming 53.96% of the companies in the same industry.
AXS's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.02% | ||
| PM (TTM) | 6.12% | ||
| GM | N/A |
OM growth 3Y137.31%
OM growth 5Y31.37%
PM growth 3YN/A
PM growth 5Y279.04%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
AXS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AXS has been increased compared to 1 year ago.
Compared to 5 years ago, AXS has more shares outstanding
The debt/assets ratio for AXS has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of AXS is 1.07, which is an excellent value as it means it would take AXS, only 1.07 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 1.07, AXS is doing good in the industry, outperforming 73.38% of the companies in the same industry.
A Debt/Equity ratio of 0.25 indicates that AXS is not too dependend on debt financing.
AXS has a better Debt to Equity ratio (0.25) than 71.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 1.07 | ||
| Altman-Z | N/A |
ROIC/WACC0.18
WACC8.2%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
AXS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 69.36%, which is quite impressive.
Measured over the past years, AXS shows a very strong growth in Earnings Per Share. The EPS has been growing by 38.66% on average per year.
AXS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.58%.
Measured over the past years, AXS shows a small growth in Revenue. The Revenue has been growing by 2.03% on average per year.
EPS 1Y (TTM)69.36%
EPS 3YN/A
EPS 5Y38.66%
EPS growth Q2Q50.77%
Revenue 1Y (TTM)9.58%
Revenue growth 3Y5.22%
Revenue growth 5Y2.03%
Revenue growth Q2Q1.84%
3.2 Future
AXS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.70% yearly.
Based on estimates for the next years, AXS will show a small growth in Revenue. The Revenue will grow by 4.38% on average per year.
EPS Next Y3.22%
EPS Next 2Y4.09%
EPS Next 3Y5.7%
EPS Next 5YN/A
Revenue Next Year6.79%
Revenue Next 2Y6.46%
Revenue Next 3Y4.38%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
AXS is valuated cheaply with a Price/Earnings ratio of 6.29.
Based on the Price/Earnings ratio, AXS is valued a bit cheaper than the industry average as 73.38% of the companies are valued more expensively.
AXS is valuated cheaply when we compare the Price/Earnings ratio to 25.20, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 6.09, the valuation of AXS can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AXS indicates a somewhat cheap valuation: AXS is cheaper than 77.70% of the companies listed in the same industry.
AXS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.29 | ||
| Fwd PE | 6.09 |
4.2 Price Multiples
AXS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AXS is cheaper than 71.22% of the companies in the same industry.
AXS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AXS is cheaper than 77.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.28 | ||
| EV/EBITDA | 8.05 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)1.95
PEG (5Y)0.16
EPS Next 2Y4.09%
EPS Next 3Y5.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.86%, AXS has a reasonable but not impressive dividend return.
AXS's Dividend Yield is a higher than the industry average which is at 4.35.
AXS's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
5.2 History
The dividend of AXS has a limited annual growth rate of 0.49%.
AXS has been paying a dividend for at least 10 years, so it has a reliable track record.
AXS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.49%
Div Incr Years19
Div Non Decr Years19
5.3 Sustainability
AXS pays out 53.19% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of AXS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP53.19%
EPS Next 2Y4.09%
EPS Next 3Y5.7%
AXIS CAPITAL HOLDINGS LTD
NYSE:AXS (4/25/2024, 7:04:00 PM)
After market: 61.9 0 (0%)61.9
-0.68 (-1.09%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.24B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.29 | ||
| Fwd PE | 6.09 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.95
PEG (5Y)0.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.14% | ||
| ROE | 6.57% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.02% | ||
| PM (TTM) | 6.12% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)69.36%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y3.22%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)9.58%
Revenue growth 3Y5.22%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y