AXA SA (CS.PA) Stock Fundamental Analysis
Europe - EPA:CS - FR0000120628 - Common Stock
39.4 EUR
+0.01 (+0.03%)
CS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 43 industry peers in the Insurance industry. CS has an average financial health and profitability rating. CS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CS had positive earnings in the past year.
In the past year CS had a positive cash flow from operations.
Each year in the past 5 years CS has been profitable.
Each year in the past 5 years CS had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.18%, CS perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
CS's Return On Equity of 16.72% is fine compared to the rest of the industry. CS outperforms 66.67% of its industry peers.
CS has a Return On Invested Capital of 1.28%. This is comparable to the rest of the industry: CS outperforms 56.41% of 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 2.22%.
| 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
Looking at the Profit Margin, with a value of 8.52%, CS is in line with its industry, outperforming 46.15% of the companies in the same 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.
Compared to 5 years ago, CS has less shares outstanding
CS has a worse debt/assets ratio than last year.
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 92.31% of its industry peers.
The Debt to FCF ratio of CS is 1.41, which is an excellent value as it means it would take CS, only 1.41 years of fcf income to pay off all of its debts.
CS has a better Debt to FCF ratio (1.41) than 79.49% of its industry peers.
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 53.85% 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
CS has a Current 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.
With an excellent Current ratio value of 0.82, CS belongs to the best of the industry, outperforming 87.18% of the companies in the same industry.
A Quick Ratio of 0.82 indicates that CS may have some problems paying its short term obligations.
CS has a Quick ratio of 0.82. This is amongst the best in the industry. CS outperforms 87.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
CS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.70%, which is quite good.
CS 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, CS shows a small growth in Revenue. The Revenue has grown by 4.40% in the last year.
The Revenue has been decreasing by -8.16% on average over the past years.
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
CS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.71% yearly.
The Revenue is expected to grow by 8.18% on average over the next years. This is quite good.
EPS Next Y14.56%
EPS Next 2Y9.07%
EPS Next 3Y8.29%
EPS Next 5Y6.71%
Revenue Next Year8.83%
Revenue Next 2Y6.98%
Revenue Next 3Y7.01%
Revenue Next 5Y8.18%
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
Based on the Price/Earnings ratio of 10.51, the valuation of CS can be described as reasonable.
Based on the Price/Earnings ratio, CS is valued a bit cheaper than 76.92% of the companies in the same industry.
When comparing the Price/Earnings ratio of CS to the average of the S&P500 Index (26.89), we can say CS is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.23, the valuation of CS can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CS indicates a somewhat cheap valuation: CS is cheaper than 74.36% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.99. CS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.51 | ||
| Fwd PE | 9.23 |
4.2 Price Multiples
CS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CS is cheaper than 82.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.08 | ||
| 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)0.72
PEG (5Y)0.58
EPS Next 2Y9.07%
EPS Next 3Y8.29%
5. Dividend
5.1 Amount
CS has a Yearly Dividend Yield of 5.46%, which is a nice return.
CS's Dividend Yield is a higher than the industry average which is at 4.57.
CS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.46% |
5.2 History
On average, the dividend of CS 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
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 2Y9.07%
EPS Next 3Y8.29%
EPA:CS (10/24/2025, 7:00:00 PM)
39.4
+0.01 (+0.03%)
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 Cap85.43B
Revenue(TTM)89.27B
Net Income(TTM)7.61B
Analysts82.96
Price Target45.75 (16.12%)
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)0.64%
PT rev (3m)1.37%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)2.68%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.51 | ||
| Fwd PE | 9.23 | ||
| P/S | 0.96 | ||
| P/FCF | 4.08 | ||
| P/OCF | 3.99 | ||
| P/B | 1.88 | ||
| P/tB | 3.54 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.75
EY9.52%
EPS(NY)4.27
Fwd EY10.84%
FCF(TTM)9.65
FCFY24.5%
OCF(TTM)9.87
OCFY25.05%
SpS41.17
BVpS20.98
TBVpS11.12
PEG (NY)0.72
PEG (5Y)0.58
Graham Number42.07
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 Y14.56%
EPS Next 2Y9.07%
EPS Next 3Y8.29%
EPS Next 5Y6.71%
Revenue 1Y (TTM)4.4%
Revenue growth 3Y-10.62%
Revenue growth 5Y-8.16%
Sales Q2Q%3.72%
Revenue Next Year8.83%
Revenue Next 2Y6.98%
Revenue Next 3Y7.01%
Revenue Next 5Y8.18%
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 for CS stock?
ChartMill assigns a valuation rating of 6 / 10 to AXA SA (CS.PA). This can be considered as Fairly Valued.
How profitable is AXA SA (CS.PA) stock?
AXA SA (CS.PA) has a profitability rating of 5 / 10.
What is the earnings growth outlook for AXA SA?
The Earnings per Share (EPS) of AXA SA (CS.PA) is expected to grow by 14.56% in the next year.
Is the dividend of AXA SA sustainable?
The dividend rating of AXA SA (CS.PA) is 6 / 10 and the dividend payout ratio is 61.79%.