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 90,249 - -
Change - -0.62% 3.62% 13.18% 14.41% 8.16% - -
Enterprise Value (EV) 1 59,292 94,301 96,039 113,315 118,464 105,849 105,849 105,849
Change - 59.04% 1.84% 17.99% 4.54% -10.65% 0% 0%
P/E 8.82x 9.21x 9.42x 9.81x 9.04x 10.8x 9.91x 9.22x
PBR 0.96x 1.49x 1.3x 1.4x 1.71x 1.87x 1.77x 1.72x
PEG - -1.95x 0.9x 0.8x 0.3x -1.21x 1.09x 1.22x
Capitalization / Revenue 0.63x 0.61x 0.77x 0.84x 0.92x 0.75x 0.71x 0.69x
EV / Revenue 0.59x 0.92x 1.15x 1.3x 1.3x 0.88x 0.84x 0.8x
EV / EBITDA - - - - - - - -
EV / EBIT 6.23x 10.1x 10.4x 10.9x 11.4x 9.14x 8.52x 8.06x
EV / FCF 9.6x 12.5x 16x 9.45x 5.4x 15.5x 14.7x 11.9x
FCF Yield 10.4% 7.98% 6.26% 10.6% 18.5% 6.43% 6.78% 8.41%
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% 5.61% 6.05% 6.49%
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 44.61 44.61 44.61
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 24/2/22 23/2/23 22/2/24 27/2/25 26/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
6.33x4.83x - 5.57% 134B
10.82x0.88x - 5.61% 105B
12.66x - - 2.89% 96.56B
13.87x1.04x1.05x4.15% 76.55B
14.74x - - 3.16% 73.45B
12.27x - - 2.42% 61.44B
16.94x3.24x - 2.02% 60.65B
17.47x - - 2.93% 59.23B
11.78x - - 4.67% 45.19B
Average 12.99x 2.50x 1.05x 3.71% 79.06B
Weighted average by Cap. 12.22x 2.70x 1.05x 3.96%

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