AXA SA (CS) AI Stock Analysis

• Market Cap: €93.64B
• Dividend Yield: 5.01%
• Average Volume (3M): 3.18M
• Price to Earnings (P/E): 12.2
• Beta (1Y): 0.97
• Revenue Growth: -0.94%
• EPS Growth: 8.47%
• Country: FR
• Employees: 100,041
• Sector: Financial
• Sector Strength: 72
• Industry: Insurance - Diversified
• EPS (TTM): 2.03
• Shares Outstanding: 2,215,574,700
• 10 Day Avg. Volume: 4,027,270
• 30 Day Avg. Volume: 3,182,544
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €44.55
• Price Target Upside: 2.65% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 11

• Rating: 75 Outperform
• Price Target: €47.00 ▲(8.29% Upside)

AXA SA's strong financial performance, particularly in profitability and liquidity, is the most significant factor driving the score. The company's valuation is also favorable, with a reasonable P/E ratio and attractive dividend yield. Technical analysis indicates a neutral trend, with no strong momentum signals.

Positive Factors

Growth Prospects

AXA is well-positioned for long-term value creation with resilient growth prospects, a strong balance sheet, and disciplined capital allocation.

Market Position

AXA's strong market position, particularly in health and commercial lines, provides a competitive edge in maintaining pricing power and driving consistent profit.

Strategic Positioning

AXA enters 2025 with a solid foundation, leveraging its strategic focus on reducing financial risk exposure and capitalizing on strong performance in both the P&C and life segments.

Negative Factors

Natural Catastrophe Risks

Key risks include higher-than-expected natural catastrophe losses, slower delivery of L&H growth, and lower capital returns.

Political and Economic Risks

Political uncertainty in France, as well as indirect challenges arising from capital market volatility affected by US tariffs, pose risks to AXA's performance.

AXA SA Business Overview & Revenue Model

Company Description

AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through France, Europe, Asia, AXA XL, International, and Transversal & Central Holdings segments. It offers life and savings insurance products, such as savings and retirement, other health, and personal protection products. The company also provides property and casualty insurance products, including car, home, and personal or professional liability to individual and business clients; international insurance for large corporate clients in Europe; and marine and aviation, as well as property and casualty reinsurance products. In addition, it offers asset management services in the areas of various asset classes, including equities, bonds, hedge funds, private equity, and real estate for the group's insurance companies and their clients, and retail and institutional clients. The company was founded in 1852 and is based in Paris, France.

How the Company Makes Money

AXA generates revenue primarily through premiums collected from insurance policies sold to individuals and businesses. The key revenue streams include life insurance premiums, non-life insurance premiums, and investment income from the management of insurance reserves and assets. The company also earns fees from its asset management services. AXA has developed significant partnerships with financial institutions and health care providers, which help in expanding its market reach and enhancing its product offerings. Additionally, AXA's focus on digital transformation and innovation in insurance technology has allowed it to improve operational efficiency and customer engagement, contributing positively to its earnings.

AXA SA Financial Statement Overview

Summary

AXA SA shows effective management of profitability and leverage, with strong liquidity and cash generation capabilities. Despite challenges in revenue growth, the company maintained robust margins and improved its balance sheet health.

Income Statement

AXA SA's income statement shows a decline in total revenue from 2020 to 2024, with a significant drop from 2021 to 2024. Despite this, the company maintained a positive net profit margin, with a strong increase in net income in 2024. This is indicative of effective cost management and operational efficiency. The EBIT and EBITDA margins have been inconsistent, reflecting fluctuating operational performance.

Balance Sheet

The balance sheet displays a solid equity base with a declining debt-to-equity ratio over the years, indicating improved financial leverage. The equity ratio shows a stable structure, and the return on equity has seen positive growth, suggesting good returns for shareholders. The high cash and cash equivalents further imply strong liquidity.

Cash Flow

The cash flow statement reveals strong operating cash flows, with significant growth in free cash flow in 2024. The free cash flow to net income ratio indicates efficient cash generation relative to income, although the operating cash flow to net income ratio fluctuated in previous years, suggesting some inconsistency in cash flow operations.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	89.82B	86.02B	93.08B	122.17B	112.35B
Gross Profit	89.82B	87.15B	93.08B	122.17B	112.35B
EBITDA	10.41B	9.21B	6.58B	10.38B	6.53B
Net Income	7.89B	7.19B	6.67B	7.29B	3.16B
Balance Sheet
Total Assets	653.80B	644.45B	696.70B	775.49B	804.59B
Cash, Cash Equivalents and Short-Term Investments	333.57B	320.12B	323.68B	25.05B	28.24B
Total Debt	62.14B	59.54B	63.75B	57.22B	59.64B
Total Liabilities	601.40B	592.05B	648.32B	692.51B	719.19B
Stockholders Equity	49.90B	44.14B	45.35B	71.14B	71.61B
Cash Flow
Free Cash Flow	11.99B	5.16B	7.53B	6.18B	25.14B
Operating Cash Flow	11.57B	5.59B	7.88B	6.53B	25.53B
Investing Cash Flow	-11.25B	-1.60B	470.00M	-8.95B	-11.43B
Financing Cash Flow	-7.33B	-5.93B	-6.12B	-4.33B	-4.93B

AXA SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 43.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:CS, the sentiment is Positive. The current price of 43.4 is above the 20-day moving average (MA) of 41.81, above the 50-day MA of 41.74, and above the 200-day MA of 37.20, indicating a bullish trend. The MACD of 0.26 indicates Negative momentum. The RSI at 63.27 is Neutral, neither overbought nor oversold. The STOCH value of 96.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:CS.

AXA SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CS	75 Outperform	€93.64B	12.21	17.06%	5.01%	-0.94%	8.47%
Sector *	73 Outperform	16.56B	18.78	14.14%	3.74%	11.68%	26.47%
0RDX	―	€13.33B	7.93	14.33%	―	―	―
0HB5	―	€94.81B	8.91	9.50%	―	―	―
0HAI	―	€51.58B	7.36	10.82%	―	―	―
0IT3	―	€5.09B	9.40	12.58%	―	―	―
0J6Y	―	€40.31B	9.26	7.47%	―	―	―

AXA SA Corporate Events

AXA SA Announces Details for Upcoming Shareholders’ Meeting

AXA SA has announced the details of its upcoming Combined General Meeting for shareholders, scheduled for April 24, 2025, in Paris. The meeting will cover ordinary and extraordinary matters, with relevant documents available on AXA’s website. This event is significant for stakeholders as it provides insights into the company’s strategic direction and governance, reinforcing AXA’s transparency and engagement with its investors.