Projected Income Statement: AXA

Forecast Balance Sheet: AXA

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 44,205 -3,284 32,114 31,602 40,385 15,026 15,026 15,026
Change - -107.43% 1,077.89% -1.59% 27.79% -62.79% 0% 0%
Announcement Date 25/2/21 24/2/22 23/2/23 22/2/24 27/2/25 - - -
1EUR in Million
Estimates

Cash Flow Forecast: AXA

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 - - - - - 457 482 509
Change - - - - - - 5.47% 5.6%
Free Cash Flow (FCF) 1 25,145 6,176 7,528 6,010 11,991 5,976 6,120 6,260
Change - -75.44% 21.89% -20.16% 99.52% -50.16% 2.41% 2.29%
Announcement Date 25/2/21 24/2/22 23/2/23 22/2/24 27/2/25 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: AXA

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) - - - - - - - -
EBIT Margin (%) 4.41% 9.52% 9.12% 11.02% 11.93% 9.16% 9.07% 9.65%
EBT Margin (%) 5.04% 9.2% 8.51% 10.63% 11.43% 9.56% 8.68% 9.06%
Net margin (%) 3.27% 7.3% 6.52% 8.6% 9.03% 8.61% 7.38% 7.57%
FCF margin (%) 26% 6.18% 7.36% 7.19% 13.73% 5.48% 5.38% 5.38%
FCF / Net Income (%) 794.72% 84.67% 112.78% 83.6% 152.05% 63.66% 72.9% 71.08%

Profitability

        
ROA 0.58% 0.86% 0.99% 1.12% 2.47% 1.42% 1.25% 1.3%
ROE 4.47% 14.7% 12.8% 14.1% 15.2% 17.55% 17% 17.3%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow 1.76x - 4.27x 5.26x 3.37x 2.51x 2.46x 2.4x

Capital Intensity

        
CAPEX / Current Assets (%) - - - - - 0.42% 0.42% 0.44%
CAPEX / EBITDA (%) - - - - - - - -
CAPEX / FCF (%) - - - - - 7.65% 7.88% 8.13%

Items per share

        
Cash flow per share 1 10.7 - - - - - - -
Change - - - - - - - -
Dividend per Share 1 1.43 1.54 1.7 1.98 2.15 2.323 2.488 2.667
Change - 7.69% 10.39% 16.47% 8.59% 8.06% 7.07% 7.2%
Book Value Per Share 1 30.01 27.4 17.5 22.7 24.5 22.58 23.9 25.17
Change - -8.71% -36.13% 29.71% 7.93% -7.82% 5.84% 5.28%
EPS 1 1.25 2.97 2.83 3.13 3.5 4.4 4.062 4.376
Change - 137.6% -4.71% 10.6% 11.82% 25.7% -7.67% 7.74%
Nbr of stocks (in thousands) 2,390,174 2,389,774 2,386,757 2,185,051 2,124,998 2,037,115 2,037,115 2,037,115
Announcement Date 25/2/21 24/2/22 23/2/23 22/2/24 27/2/25 - - -
1EUR
Estimates
2025 *2026 *
P/E ratio 9.09x 9.84x
PBR 1.77x 1.67x
EV / Sales 0.89x 0.85x
Yield 5.81% 6.22%
More valuation ratios * Estimated data

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
39.99EUR
Average target price
44.98EUR
Spread / Average Target
+12.49%
Consensus

Quarterly revenue - Rate of surprise