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 87,355 - -
Change - -0.62% 3.62% 13.18% 14.41% 4.69% - -
Enterprise Value (EV) 1 59,292 94,301 96,039 113,315 118,464 103,155 103,155 103,155
Change - 59.04% 1.84% 17.99% 4.54% -12.92% 0% 0%
P/E 8.82x 9.21x 9.42x 9.81x 9.04x 10.3x 9.53x 8.81x
PBR 0.96x 1.49x 1.3x 1.4x 1.71x 1.79x 1.7x 1.59x
PEG - -1.95x 0.9x 0.8x 0.3x -1.15x 1.18x 1.07x
Capitalization / Revenue 0.63x 0.61x 0.77x 0.84x 0.92x 0.76x 0.73x 0.72x
EV / Revenue 0.59x 0.92x 1.15x 1.3x 1.3x 0.9x 0.86x 0.85x
EV / EBITDA - - - - - - - -
EV / EBIT 6.23x 10.1x 10.4x 10.9x 11.4x 8.91x 8.45x 8.12x
EV / FCF 9.6x 12.5x 16x 9.45x 5.4x 15x 14.3x 11.6x
FCF Yield 10.4% 7.98% 6.26% 10.6% 18.5% 6.65% 7.01% 8.63%
Dividend per Share 2 1.54 1.7 1.98 2.15 2.32 2.484 2.673 2.868
Rate of return 5.88% 6.52% 6.71% 6.26% 5.66% 5.84% 6.29% 6.75%
EPS 2 2.97 2.83 3.13 3.5 4.53 4.126 4.458 4.826
Distribution rate 51.9% 60.1% 63.3% 61.4% 51.2% 60.2% 60% 59.4%
Net sales 1 99,931 102,345 83,627 87,303 91,139 114,323 119,955 120,998
EBITDA - - - - - - - -
EBIT 1 9,514 9,329 9,218 10,412 10,368 11,572 12,208 12,709
Net income 1 7,294 6,675 7,189 7,886 9,797 8,491 8,933 9,434
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 42.50 42.50 42.50
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 2/24/22 2/23/23 2/22/24 2/27/25 2/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.17x4.85x - 5.84% 129B
12.99x - - 2.88% 97.3B
13.72x1.02x - 4.25% 72.99B
14.34x - - 3.4% 67.13B
15.96x3.12x - 2.12% 58.77B
16.54x - - 3.05% 55.86B
9.97x - - 2.74% 55.07B
31.57x - - 1.37% 58.3B
13.98x - - 3.69% 53.53B
Average 15.03x 3.00x 3.26% 71.99B
Weighted average by Cap. 13.93x 3.39x 3.54%

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

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