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 90,993 - -
Change - -0.62% 3.62% 13.18% 14.41% 9.05% - -
Enterprise Value (EV) 1 59,292 94,301 96,039 113,315 118,464 106,793 106,793 106,793
Change - 59.04% 1.84% 17.99% 4.54% -9.85% 0% 0%
P/E 8.82x 9.21x 9.42x 9.81x 9.04x 10.7x 9.83x 9.06x
PBR 0.96x 1.49x 1.3x 1.4x 1.71x 1.86x 1.76x 1.65x
PEG - -1.95x 0.9x 0.8x 0.3x -1.28x 1.16x 1.06x
Capitalization / Revenue 0.63x 0.61x 0.77x 0.84x 0.92x 0.8x 0.76x 0.75x
EV / Revenue 0.59x 0.92x 1.15x 1.3x 1.3x 0.94x 0.89x 0.88x
EV / EBITDA - - - - - - - -
EV / EBIT 6.23x 10.1x 10.4x 10.9x 11.4x 9.23x 8.74x 8.4x
EV / FCF 9.6x 12.5x 16x 9.45x 5.4x 15.6x 14.8x 12x
FCF Yield 10.4% 7.98% 6.26% 10.6% 18.5% 6.42% 6.77% 8.33%
Dividend per Share 2 1.54 1.7 1.98 2.15 2.32 2.494 2.685 2.894
Rate of return 5.88% 6.52% 6.71% 6.26% 5.66% 5.63% 6.07% 6.54%
EPS 2 2.97 2.83 3.13 3.5 4.53 4.15 4.502 4.888
Distribution rate 51.9% 60.1% 63.3% 61.4% 51.2% 60.1% 59.7% 59.2%
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 8,481 8,961 9,468
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 44.27 44.27 44.27
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
6.15x4.85x - 5.82% 128B
12.74x - - 2.94% 95.46B
13.6x1.01x - 4.28% 72.17B
14.77x - - 3.3% 69.21B
16.9x3.32x - 2% 62.09B
10.72x - - 2.57% 58.65B
17.28x - - 2.92% 58.37B
17.43x - - 3.35% 44.51B
11.56x - - 4.76% 43.88B
Average 13.46x 3.06x 3.55% 70.29B
Weighted average by Cap. 12.61x 3.43x 3.74%

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