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 92,884 - -
Change - -0.62% 3.62% 13.18% 14.41% 11.32% - -
Enterprise Value (EV) 1 59,292 94,301 96,039 113,315 118,464 108,684 108,684 108,684
Change - 59.04% 1.84% 17.99% 4.54% -8.26% 0% 0%
P/E 8.82x 9.21x 9.42x 9.81x 9.04x 10.9x 10x 9.22x
PBR 0.96x 1.49x 1.3x 1.4x 1.71x 1.9x 1.8x 1.68x
PEG - -1.95x 0.9x 0.8x 0.3x -1.33x 1.21x 1.05x
Capitalization / Revenue 0.63x 0.61x 0.77x 0.84x 0.92x 0.78x 0.73x 0.7x
EV / Revenue 0.59x 0.92x 1.15x 1.3x 1.3x 0.91x 0.86x 0.82x
EV / EBITDA - - - - - - - -
EV / EBIT 6.23x 10.1x 10.4x 10.9x 11.4x 9.36x 8.87x 8.51x
EV / FCF 9.6x 12.5x 16x 9.45x 5.4x 15.8x 15x 12.2x
FCF Yield 10.4% 7.98% 6.26% 10.6% 18.5% 6.31% 6.65% 8.19%
Dividend per Share 2 1.54 1.7 1.98 2.15 2.32 2.495 2.686 2.903
Rate of return 5.88% 6.52% 6.71% 6.26% 5.66% 5.52% 5.94% 6.42%
EPS 2 2.97 2.83 3.13 3.5 4.53 4.159 4.502 4.899
Distribution rate 51.9% 60.1% 63.3% 61.4% 51.2% 60% 59.7% 59.3%
Net sales 1 99,931 102,345 83,627 87,303 91,139 119,847 126,379 131,820
EBITDA - - - - - - - -
EBIT 1 9,514 9,329 9,218 10,412 10,368 11,609 12,253 12,775
Net income 1 7,294 6,675 7,189 7,886 9,797 8,477 8,987 9,483
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 45.19 45.19 45.19
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.62x4.96x - 5.39% 138B
13.59x - - 2.72% 103B
13.96x1.03x - 4.15% 74.16B
14.96x - - 3.12% 73.55B
17.6x3.46x - 1.93% 64.42B
11.28x - - 2.47% 61.25B
17.34x - - 2.94% 58.47B
17.3x - - 3.26% 46.29B
11.83x - - 4.65% 44.69B
Average 13.83x 3.15x 3.4% 73.7B
Weighted average by Cap. 12.98x 3.56x 3.57%

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