AXA SA (CS.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:CS - FR0000120628 - Common Stock
39.285 EUR
-0.08 (-0.19%)
We assign a fundamental rating of 5 out of 10 to CS. CS was compared to 46 industry peers in the Insurance industry. CS has only an average score on both its financial health and profitability. CS is not valued too expensively and it also shows a decent growth rate. Finally CS also has an excellent dividend rating. These ratings could make CS a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
- In the past year CS was profitable.
- In the past year CS had a positive cash flow from operations.
- Each year in the past 5 years CS has been profitable.
- In the past 5 years CS always reported a positive cash flow from operatings.
1.2 Ratios
- CS has a Return On Assets (1.18%) which is in line with its industry peers.
- Looking at the Return On Equity, with a value of 16.72%, CS is in the better half of the industry, outperforming 60.87% of the companies in the same industry.
- With a Return On Invested Capital value of 1.28%, CS perfoms like the industry average, outperforming 54.35% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for CS 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
- Looking at the Profit Margin, with a value of 8.52%, CS is in line with its industry, outperforming 43.48% of the companies in the same industry.
- In the last couple of years the Profit Margin of CS has grown nicely.
- CS has a Operating Margin of 11.47%. This is comparable to the rest of the industry: CS outperforms 45.65% of its industry peers.
- In the last couple of years the Operating Margin of CS 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
- CS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, CS has less shares outstanding
- The number of shares outstanding for CS has been reduced compared to 5 years ago.
- CS has a worse debt/assets ratio than last year.
2.2 Solvency
- CS has an Altman-Z score of 0.35. This is a bad value and indicates that CS is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.35, CS belongs to the top of the industry, outperforming 91.30% of the companies in the same industry.
- 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.
- CS's Debt to FCF ratio of 1.41 is fine compared to the rest of the industry. CS outperforms 73.91% 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.
- CS's Debt to Equity ratio of 0.65 is in line compared to the rest of the industry. CS outperforms 45.65% of its industry peers.
- Even though the debt/equity ratio score it not favorable for CS, 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
WACC10.78%
2.3 Liquidity
- A Current Ratio of 0.82 indicates that CS may have some problems paying its short term obligations.
- The Current ratio of CS (0.82) is better than 84.78% of its industry peers.
- A Quick Ratio of 0.82 indicates that CS may have some problems paying 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.
- The Earnings Per Share has been growing by 18.09% on average over the past years. This is quite good.
- CS shows a small growth in Revenue. In the last year, the Revenue has grown by 4.40%.
- 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
- 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
- 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
- A Price/Earnings ratio of 10.48 indicates a reasonable valuation of CS.
- Based on the Price/Earnings ratio, CS is valued a bit cheaper than 78.26% of the companies in the same industry.
- CS is valuated cheaply when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
- CS is valuated reasonably with a Price/Forward Earnings ratio of 9.20.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CS indicates a somewhat cheap valuation: CS is cheaper than 76.09% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.31. CS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.48 | ||
| Fwd PE | 9.2 |
4.2 Price Multiples
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of CS indicates a rather cheap valuation: CS is cheaper than 86.96% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.99 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- CS's 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
- With a Yearly Dividend Yield of 5.32%, CS is a good candidate for dividend investing.
- 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.
- CS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.32% |
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
- 61.79% of the earnings are spent on dividend by CS. 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, 4:36:17 PM)
39.285
-0.08 (-0.19%)
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 Cap83.43B
Revenue(TTM)89.27B
Net Income(TTM)7.61B
Analysts82.96
Price Target45.55 (15.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.32% |
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 | 10.48 | ||
| Fwd PE | 9.2 | ||
| 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 EY10.87%
FCF(TTM)9.85
FCFY25.08%
OCF(TTM)10.08
OCFY25.65%
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
WACC10.78%
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 10.48 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.