Projected Income Statement: AXA

Forecast Balance Sheet: AXA

Forecast Balance Sheet - AXA
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -3,284 32,114 31,602 40,385 35,024 15,600 15,600 15,600
Change - 1,077.89% -1.59% 27.79% -13.27% -55.46% 0% 0%
Announcement Date 24/2/22 23/2/23 22/2/24 27/2/25 26/2/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: AXA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 - - - - 425 475 501 529
Change - - - - - 11.76% 5.47% 5.59%
Free Cash Flow (FCF) 1 6,176 7,528 6,010 11,991 21,924 6,809 7,178 8,900
Change - 21.89% -20.16% 99.52% 82.84% -68.94% 5.42% 23.99%
Announcement Date 24/2/22 23/2/23 22/2/24 27/2/25 26/2/26 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: AXA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) - - - - - - - -
EBIT Margin (%) 9.52% 9.12% 11.02% 11.93% 11.38% 10.16% 10.36% 10.44%
EBT Margin (%) 9.2% 8.51% 10.63% 11.43% 10.97% 8.72% 8.65% 8.49%
Net margin (%) 7.3% 6.52% 8.6% 9.03% 10.75% 7.41% 7.49% 7.52%
FCF margin (%) 6.18% 7.36% 7.19% 13.73% 24.06% 6.01% 6% 7.08%
FCF / Net Income (%) 84.67% 112.78% 83.6% 152.05% 223.78% 81.06% 80.12% 94.18%

Profitability

        
ROA 0.86% 0.99% 1.12% 2.47% 1.52% 1.32% 1.38% 1.42%
ROE 14.7% 12.8% 14.1% 15.2% 16% 17.69% 17.95% 18.39%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - 4.27x 5.26x 3.37x 1.6x 2.29x 2.17x 1.75x

Capital Intensity

        
CAPEX / Current Assets (%) - - - - 0.47% 0.42% 0.42% 0.42%
CAPEX / EBITDA (%) - - - - - - - -
CAPEX / FCF (%) - - - - 1.94% 6.98% 6.98% 5.94%

Items per share

        
Cash flow per share 1 - - - - - - - -
Change - - - - - - - -
Dividend per Share 1 1.54 1.7 1.98 2.15 2.32 2.509 2.699 2.9
Change - 10.39% 16.47% 8.59% 7.91% 8.16% 7.56% 7.45%
Book Value Per Share 1 27.4 17.5 22.7 24.5 24 23.9 25.15 25.89
Change - -36.13% 29.71% 7.93% -2.04% -0.41% 5.23% 2.96%
EPS 1 2.97 2.83 3.13 3.5 4.53 4.12 4.514 4.869
Change - -4.71% 10.6% 11.82% 29.43% -9.05% 9.56% 7.87%
Nbr of stocks (in thousands) 2,389,774 2,386,757 2,185,051 2,124,998 2,037,115 2,023,267 2,023,267 2,023,267
Announcement Date 24/2/22 23/2/23 22/2/24 27/2/25 26/2/26 - - -
1EUR
Estimates
2026 *2027 *
P/E 10.1x 9.2x
PBR 1.74x 1.65x
EV / Sales 0.88x 0.83x
Yield 6.04% 6.5%

EPS & Dividend

EPS & Dividend - AXA


Y-o-Y evolution of P/E

Valuation ratios - P/E - AXA
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - AXA
Trader
Investor
Global
Quality
ESG MSCI
AAA
Ratings Surperformance© - AXA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
41.52EUR
Average target price
51.93EUR
Spread / Average Target
+25.07%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - AXA