Executive Summary
AXA SA, through its subsidiaries, provides insurance and asset management services worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued average dividend payer.
Similar Companies
Share Price & News
How has AXA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CS is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CS's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.5%
CS
-0.3%
FR Insurance
0.5%
FR Market
1 Year Return
29.7%
CS
30.0%
FR Insurance
40.0%
FR Market
Return vs Industry: CS matched the French Insurance industry which returned 30% over the past year.
Return vs Market: CS underperformed the French Market which returned 40% over the past year.
Shareholder returns
| CS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | -0.3% | 0.5% |
| 30 Day | 0.9% | 1.0% | 1.7% |
| 90 Day | -7.0% | -6.4% | 5.6% |
| 1 Year | 37.9%29.7% | 39.0%30.0% | 43.5%40.0% |
| 3 Year | 16.2%-0.8% | 19.2%1.3% | 34.2%23.0% |
| 5 Year | 60.5%24.0% | 53.0%19.4% | 88.1%60.5% |
Long-Term Price Volatility Vs. Market
How volatile is AXA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
AXA (EPA:CS) Has Compensated Shareholders With A Respectable 56% Return On Their Investment1 month ago | Simply Wall St
How Many AXA SA (EPA:CS) Shares Do Institutions Own?2 months ago | Simply Wall St
Do These 3 Checks Before Buying AXA SA (EPA:CS) For Its Upcoming DividendValuation
Is AXA undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CS (€21.88) is trading below our estimate of fair value (€52.96)
Significantly Below Fair Value: CS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CS is good value based on its PE Ratio (17.4x) compared to the French Insurance industry average (19.2x).
PE vs Market: CS is good value based on its PE Ratio (17.4x) compared to the French market (22x).
Price to Earnings Growth Ratio
PEG Ratio: CS is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: CS's PB Ratio (0.7x) is in line with the FR Insurance industry average.
Future Growth
How is AXA forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
17.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CS's forecast earnings growth (17.7% per year) is above the savings rate (0.4%).
Earnings vs Market: CS's earnings (17.7% per year) are forecast to grow faster than the French market (15.3% per year).
High Growth Earnings: CS's earnings are forecast to grow, but not significantly.
Revenue vs Market: CS's revenue is expected to decline over the next 3 years (-2.8% per year).
High Growth Revenue: CS's revenue is forecast to decline over the next 3 years (-2.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CS's Return on Equity is forecast to be low in 3 years time (12.1%).
Past Performance
How has AXA performed over the past 5 years?
-18.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CS has high quality earnings.
Growing Profit Margin: CS's current net profit margins (2.7%) are lower than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: CS's earnings have declined by 18% per year over the past 5 years.
Accelerating Growth: CS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CS had negative earnings growth (-17.5%) over the past year, making it difficult to compare to the Insurance industry average (-1.3%).
Return on Equity
High ROE: CS's Return on Equity (3.9%) is considered low.
Financial Health
How is AXA's financial position?
Financial Position Analysis
Short Term Liabilities: CS's short term assets (€126.9B) do not cover its short term liabilities (€213.1B).
Long Term Liabilities: CS's short term assets (€126.9B) do not cover its long term liabilities (€506.1B).
Debt to Equity History and Analysis
Debt Level: CS's debt to equity ratio (76.8%) is considered high.
Reducing Debt: CS's debt to equity ratio has increased from 49.3% to 76.8% over the past 5 years.
Debt Coverage: CS's debt is well covered by operating cash flow (38.9%).
Interest Coverage: CS's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
Dividend
What is AXA current dividend yield, its reliability and sustainability?
6.54%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CS's dividend (6.54%) is higher than the bottom 25% of dividend payers in the French market (1.29%).
High Dividend: CS's dividend (6.54%) is in the top 25% of dividend payers in the French market (3.87%)
Stability and Growth of Payments
Stable Dividend: CS's dividend payments have been volatile in the past 10 years.
Growing Dividend: CS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (114%), CS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CS's dividends in 3 years are forecast to be covered by earnings (54.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.9yrs
Average management tenure
CEO
Thomas Buberl (48 yo)
4.75yrs
Tenure
€4,038,983
Compensation
Dr. Thomas Buberl, Ph.D. has been Independent Director of International Business Machines Corporation since April 28, 2020. Dr. Buberl served as Chairman of the Board at AXA Equitable Holdings, Inc., since...
CEO Compensation Analysis
Compensation vs Market: Thomas's total compensation ($USD4.79M) is above average for companies of similar size in the French market ($USD3.28M).
Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CS's management team is considered experienced (4.9 years average tenure).
Board Members
Experienced Board: CS's board of directors are considered experienced (4.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
AXA SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: AXA SA
- Ticker: CS
- Exchange: ENXTPA
- Founded: 1852
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: €52.218b
- Shares outstanding: 2.39b
- Website: https://www.axa.com
Number of Employees
Location
- AXA SA
- 25, avenue Matignon
- Paris
- Ile-de-France
- 75008
- France
Listings
Biography
AXA SA, through its subsidiaries, provides insurance and asset management services worldwide. It operates in six segments: France, Europe, Asia, AXA XL, International, and Transversal & Central Holdings. T...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/31 03:44 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.