AXA SA (CS) AI Stock Analysis

• Market Cap: €90.95B
• Dividend Yield: 4.8%
• Average Volume (3M): 4.83M
• Price to Earnings (P/E): 11.8
• Beta (1Y): 0.94
• Revenue Growth: 6.79%
• EPS Growth: 11.81%
• Country: FR
• Employees: 100,041
• Sector: Financial
• Sector Strength: 87
• Industry: Insurance - Diversified
• EPS (TTM): 1.71
• Shares Outstanding: 2,215,068,400
• 10 Day Avg. Volume: 4,419,108
• 30 Day Avg. Volume: 4,829,109
• PEG Ratio: 1.76
• Price to Book (P/B): 1.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.52
• 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: €42.94
• Price Target Upside: 3.05% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 11

AXA SA scores well due to effective financial management, strong liquidity, and attractive valuation metrics. While the company faces revenue growth challenges, its robust margins and improved balance sheet strength remain positive factors. Technical indicators show a long-term uptrend, but short-term weaknesses exist. The lack of earnings call data and corporate events limits insights into immediate future prospects.

Positive Factors

Financial Strategy

AXA's financial strategy is compelling, with a target payout ratio of 75% and a commitment to over €21bn in cumulative organic cash upstream through 2026.

Growth Potential

AXA's diversified geographic and business mix positions it well for sustainable growth in the life and health segment.

Pricing Power

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

Negative Factors

Natural Disasters

Despite the backdrop of high-intensity natural disasters, challenges persist in strengthening leadership across major regions.

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 SA generates its revenue primarily through the sale of insurance products and services. The company earns premiums from its life, health, and property-casualty insurance policies. Additionally, AXA makes money by managing assets on behalf of its clients, earning fees and commissions from its asset management division. The company also benefits from investment income, as it invests the premiums it collects in various financial instruments. Strategic partnerships and acquisitions further contribute to AXA's earnings, allowing it to expand its market reach and product offerings.

AXA SA Financial Statement Overview

Summary

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

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
	EBIT
9.98B	9.22B	9.01B	9.73B	5.45B
	EBITDA
10.41B	9.21B	6.58B	10.38B	6.53B
	Net Income Common Stockholders
7.89B	7.19B	6.67B	7.29B	3.16B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
333.57B	320.12B	323.68B	25.05B	28.24B
	Total Assets
653.80B	644.45B	696.70B	775.49B	804.59B
	Total Debt
62.14B	59.54B	63.75B	57.22B	59.64B
	Net Debt
43.15B	34.57B	37.58B	32.17B	31.41B
	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: 41.67
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 41.67 is above the 20-day moving average (MA) of 39.74, above the 50-day MA of 37.96, and above the 200-day MA of 34.29, indicating a bullish trend. The MACD of 1.06 indicates Negative momentum. The RSI at 65.86 is Neutral, neither overbought nor oversold. The STOCH value of 29.71 is Neutral, 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	76 Outperform	€90.95B	11.76	15.98%	4.80%	6.79%	11.81%
Sector *	64 Neutral	$12.82B	9.87	7.67%	17000.34%	12.39%	-5.85%

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.

AXA Releases 2024 Universal Registration Document

AXA has filed its 2024 Universal Registration Document with the French financial markets authority, which includes the company’s annual financial and corporate governance reports. This document is now accessible to the public, reflecting AXA’s commitment to transparency and regulatory compliance, potentially impacting its market perception and stakeholder confidence.

AXA Initiates 1.2 Billion Euro Share Buyback Program

AXA has entered into a share buyback agreement to repurchase up to 1.2 billion euros of its own shares, as part of its capital management strategy. This move is expected to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and improving market perception of the company’s financial health.

AXA SA Reports Strong 2024 Financial Performance with Strategic Growth Initiatives

AXA SA reported a strong financial performance for the full year 2024, marking the successful execution of its strategic plan ‘Unlock the Future.’ The company achieved an 8% growth in both topline and underlying earnings per share, driven by robust revenue growth across all business lines and geographies. AXA’s disciplined pricing strategy and focus on volume growth resulted in high customer retention and satisfaction. The Board proposed a dividend increase and a share buy-back program, reflecting AXA’s commitment to shareholder value. The company’s strategic initiatives and investments in technology are expected to support long-term growth, reinforcing its strong industry positioning.