Company Valuation: AXA

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 92,062 - -
Change - -0.62% 3.62% 13.18% 14.41% 10.33% - -
Enterprise Value (EV) 1 59,292 94,301 96,039 1,13,315 1,18,464 1,07,862 1,07,862 1,07,862
Change - 59.04% 1.84% 17.99% 4.54% -8.95% 0% 0%
P/E 8.82x 9.21x 9.42x 9.81x 9.04x 10.8x 9.95x 9.15x
PBR 0.96x 1.49x 1.3x 1.4x 1.71x 1.88x 1.78x 1.67x
PEG - -1.95x 0.9x 0.8x 0.3x -1.28x 1.17x 1.04x
Capitalization / Revenue 0.63x 0.61x 0.77x 0.84x 0.92x 0.77x 0.73x 0.7x
EV / Revenue 0.59x 0.92x 1.15x 1.3x 1.3x 0.9x 0.85x 0.82x
EV / EBITDA - - - - - - - -
EV / EBIT 6.23x 10.1x 10.4x 10.9x 11.4x 9.32x 8.83x 8.48x
EV / FCF 9.6x 12.5x 16x 9.45x 5.4x 15.7x 14.9x 12.1x
FCF Yield 10.4% 7.98% 6.26% 10.6% 18.5% 6.36% 6.7% 8.25%
Dividend per Share 2 1.54 1.7 1.98 2.15 2.32 2.494 2.685 2.901
Rate of return 5.88% 6.52% 6.71% 6.26% 5.66% 5.57% 6% 6.48%
EPS 2 2.97 2.83 3.13 3.5 4.53 4.147 4.501 4.897
Distribution rate 51.9% 60.1% 63.3% 61.4% 51.2% 60.1% 59.7% 59.2%
Net sales 1 99,931 1,02,345 83,627 87,303 91,139 1,19,847 1,26,379 1,31,820
EBITDA - - - - - - - -
EBIT 1 9,514 9,329 9,218 10,412 10,368 11,569 12,213 12,725
Net income 1 7,294 6,675 7,189 7,886 9,797 8,471 8,984 9,478
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 44.79 44.79 44.79
Nbr of stocks (in thousands) 23,89,774 23,86,757 21,85,051 21,24,998 20,37,115 20,55,418 - -
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.($)
6.56x4.94x - 5.45% 14TCr
13.64x1.02x - 4.27% 7.22TCr
14.59x - - 3.21% 7.15TCr
17.19x3.37x - 1.98% 6.29TCr
11.06x - - 2.51% 6.01TCr
17.41x - - 2.92% 5.88TCr
16.8x - - 3.35% 4.49TCr
11.5x - - 4.78% 4.34TCr
5.76x0.78x - 3.89% 4.25TCr
Average 12.72x 2.53x 3.6% 6.59TCr
Weighted average by Cap. 12.13x 3.16x 3.8%

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