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 87,992 - -
Change - -0.62% 3.62% 13.18% 14.41% 5.46% - -
Enterprise Value (EV) 1 59,292 94,301 96,039 113,315 118,464 103,792 103,792 103,792
Change - 59.04% 1.84% 17.99% 4.54% -12.38% 0% 0%
P/E 8.82x 9.21x 9.42x 9.81x 9.04x 10.4x 9.6x 8.87x
PBR 0.96x 1.49x 1.3x 1.4x 1.71x 1.81x 1.71x 1.6x
PEG - -1.95x 0.9x 0.8x 0.3x -1.17x 1.19x 1.07x
Capitalization / Revenue 0.63x 0.61x 0.77x 0.84x 0.92x 0.77x 0.73x 0.73x
EV / Revenue 0.59x 0.92x 1.15x 1.3x 1.3x 0.91x 0.87x 0.86x
EV / EBITDA - - - - - - - -
EV / EBIT 6.23x 10.1x 10.4x 10.9x 11.4x 8.97x 8.5x 8.17x
EV / FCF 9.6x 12.5x 16x 9.45x 5.4x 15.1x 14.4x 11.7x
FCF Yield 10.4% 7.98% 6.26% 10.6% 18.5% 6.61% 6.96% 8.57%
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% 5.8% 6.24% 6.7%
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 42.81 42.81 42.81
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 24/2/22 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.($)
6.49x4.91x - 5.54% 134B
13.81x1.02x - 4.22% 73.31B
14.35x - - 3.4% 67.25B
16.1x3.15x - 2.1% 59.32B
28.61x - - 1.51% 52.6B
16.74x - - 3.01% 56.58B
10.2x - - 2.68% 56.34B
13.68x - - 3.77% 52.37B
16.81x - - 3.47% 42.94B
Average 15.20x 3.03x 3.3% 66.08B
Weighted average by Cap. 13.90x 3.45x 3.62%

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

-40%: Exceptional extension
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