Company Valuation: AXA SA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 62,576 62,187 64,437 72,930 83,440 91,139 - -
Change - -0.62% 3.62% 13.18% 14.41% 9.23% - -
Enterprise Value (EV) 1 59,292 94,301 96,039 113,315 118,464 106,739 106,739 106,739
Change - 59.04% 1.84% 17.99% 4.54% -9.9% 0% 0%
P/E 8.82x 9.21x 9.42x 9.81x 9.04x 10.9x 10x 9.31x
PBR 0.96x 1.49x 1.3x 1.4x 1.71x 1.89x 1.79x 1.74x
PEG - -1.95x 0.9x 0.8x 0.3x -1.22x 1.1x 1.23x
Capitalization / Revenue 0.63x 0.61x 0.77x 0.84x 0.92x 0.76x 0.72x 0.69x
EV / Revenue 0.59x 0.92x 1.15x 1.3x 1.3x 0.89x 0.84x 0.81x
EV / EBITDA - - - - - - - -
EV / EBIT 6.23x 10.1x 10.4x 10.9x 11.4x 9.22x 8.6x 8.13x
EV / FCF 9.6x 12.5x 16x 9.45x 5.4x 15.7x 14.9x 12x
FCF Yield 10.4% 7.98% 6.26% 10.6% 18.5% 6.38% 6.72% 8.34%
Dividend per Share 2 1.54 1.7 1.98 2.15 2.32 2.501 2.699 2.896
Rate of return 5.88% 6.52% 6.71% 6.26% 5.66% 5.55% 5.99% 6.43%
EPS 2 2.97 2.83 3.13 3.5 4.53 4.124 4.501 4.841
Distribution rate 51.9% 60.1% 63.3% 61.4% 51.2% 60.6% 60% 59.8%
Net sales 1 99,931 102,345 83,627 87,303 91,139 120,445 126,432 131,552
EBITDA - - - - - - - -
EBIT 1 9,514 9,329 9,218 10,412 10,368 11,576 12,419 13,127
Net income 1 7,294 6,675 7,189 7,886 9,797 8,401 9,000 9,475
Net Debt 1 -3,284 32,114 31,602 40,385 35,024 15,600 15,600 15,600
Reference price 2 26.18 26.06 29.49 34.32 40.96 45.05 45.05 45.05
Nbr of stocks (in thousands) 2,389,774 2,386,757 2,185,051 2,124,998 2,037,115 2,023,058 - -
Announcement Date 24/02/22 23/02/23 22/02/24 27/02/25 26/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
6.32x4.83x - 5.58% 134B
10.92x0.89x - 5.55% 106B
12.14x - - 3.01% 92.58B
13.98x1.04x1.05x4.12% 77.13B
14.81x - - 3.14% 73.81B
12.4x - - 2.4% 62.06B
17.01x3.25x - 2.01% 60.89B
17.6x - - 2.91% 59.61B
12.19x - - 4.52% 46.53B
Average 13.04x 2.50x 1.05x 3.69% 79.08B
Weighted average by Cap. 12.24x 2.70x 1.05x 3.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield