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 90,130 - -
Change - -0.62% 3.62% 13.18% 14.41% 8.02% - -
Enterprise Value (EV) 1 59,292 94,301 96,039 113,315 118,464 105,930 105,930 105,930
Change - 59.04% 1.84% 17.99% 4.54% -10.58% 0% 0%
P/E 8.82x 9.21x 9.42x 9.81x 9.04x 10.6x 9.8x 9.06x
PBR 0.96x 1.49x 1.3x 1.4x 1.71x 1.85x 1.75x 1.64x
PEG - -1.95x 0.9x 0.8x 0.3x -1.2x 1.17x 1.11x
Capitalization / Revenue 0.63x 0.61x 0.77x 0.84x 0.92x 0.79x 0.75x 0.74x
EV / Revenue 0.59x 0.92x 1.15x 1.3x 1.3x 0.93x 0.88x 0.87x
EV / EBITDA - - - - - - - -
EV / EBIT 6.23x 10.1x 10.4x 10.9x 11.4x 9.15x 8.67x 8.33x
EV / FCF 9.6x 12.5x 16x 9.45x 5.4x 15.4x 14.7x 11.9x
FCF Yield 10.4% 7.98% 6.26% 10.6% 18.5% 6.48% 6.82% 8.4%
Dividend per Share 2 1.54 1.7 1.98 2.15 2.32 2.486 2.676 2.876
Rate of return 5.88% 6.52% 6.71% 6.26% 5.66% 5.67% 6.1% 6.56%
EPS 2 2.97 2.83 3.13 3.5 4.53 4.128 4.475 4.839
Distribution rate 51.9% 60.1% 63.3% 61.4% 51.2% 60.2% 59.8% 59.4%
Net sales 1 99,931 102,345 83,627 87,303 91,139 114,192 120,007 121,433
EBITDA - - - - - - - -
EBIT 1 9,514 9,329 9,218 10,412 10,368 11,573 12,223 12,715
Net income 1 7,294 6,675 7,189 7,886 9,797 8,475 8,956 9,454
Net Debt 1 -3,284 32,114 31,602 40,385 35,024 15,800 15,800 15,800
Reference price 2 26.18 26.06 29.49 34.32 40.96 43.85 43.85 43.85
Nbr of stocks (in thousands) 2,389,774 2,386,757 2,185,051 2,124,998 2,037,115 2,055,418 - -
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.($)
5.96x4.79x - 6.04% 123B
12.58x - - 2.97% 94.27B
13.74x1.02x - 4.24% 72.82B
14.46x - - 3.37% 67.6B
16.2x3.17x - 2.09% 59.68B
16.96x - - 2.98% 57.15B
25.47x - - 1.7% 46.5B
11.95x - - 4.58% 45.32B
17.06x - - 3.42% 43.45B
Average 14.93x 3.00x 3.49% 67.8B
Weighted average by Cap. 13.61x 3.34x 3.76%

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