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AXA SA (1CS) Fair Value & Analysis

Financial Services · IT · Market cap €89.1B

AS AXA SA 1CS · MI
Price€44.03
Fair Value€67.43
Upside+53.1%
Quality67/100
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Evidence: High Range €50.57 – €84.28

Fair value as of: Jul 3, 2026

From 19 valuation models · updated today

Share price +11.9% over the past month.

Price vs Fair Value (12 months)

€44.32 €35.54 Fair Value €67.43 Jul 2025 Jul 2026

12‑month range €35.54 – €44.32 · fair‑value band €50.57 – €84.28 · the €44.03 price screens below the €67.43 fair value. As of Jul 3, 2026.

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Analysis

AXA SA (1CS) currently trades at €44.03, while our model-based Fair Value estimate is €67.43 — implying the stock looks roughly 53.1% undervalued today. We read business quality at 67/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, AXA SA generated revenue of €94.7B at a net margin of 10.4%. Revenue grew 3.2% year over year. It earns a return on equity of 13.4%. Net debt stands at €38.2B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) €94.7B
Revenue growth (YoY) +3.2%
Net margin 10.4%
Return on equity 13.4%
Free cash flow €21.9B FY2025
P/E ratio 12.8
More key figures
Operating margin 10.5%
EPS (TTM) €3.42
Dividend yield 5.3%
EPS growth (YoY) +59.8%
Net debt €38.2B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

AXA SA, through its subsidiaries, insurance, asset management, and banking services worldwide. The company operates through France, Europe, AXA XL, Asia, Africa & EME-LATAM, and Transversal & Other segments. It offers life and savings insurance and property and casualty insurance products. The company also provides protection and retirement products for individual and professional customers; reinsurance coverages; property, primary and excess casualty, excess and surplus lines, environmental liability, professional liability, construction, marine, energy, aviation and satellite, fine art and specie, livestock and aquaculture, accident and health, and crisis management. In addition, it offers reinsurance solutions with casualty, property risk, property catastrophe, specialty, and other reinsurance; proportional and non-proportional, and facultative reinsurance; risk management solutions and consulting services; integrated ecosystem between healthcare solutions and the insurance …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AXA SA reported revenue of €106B in FY2025 versus €112B in FY2021, a compound −1.3%/yr. Reported net income was €9.8B in FY2025, compounding +7.7%/yr from FY2021.

Revenue −1.3%/yr
FY21 €112B
FY22 €81.5B
FY23 €97.7B
FY24 €103B
FY25 €106B
Net income +7.7%/yr
FY21 €7.3B
FY22 €5.1B
FY23 €7.2B
FY24 €7.9B
FY25 €9.8B

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Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

Similar stocks

6 more Insurance - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Berkshire Hathaway Inc BRK C$35.75 C$32.35 -10%
Allianz SE 1ALV €420.00 €397.72 -5%
Zurich Insurance Group ZURVY $36.15 $29.58 -18%
Assicurazioni Generali S.p.A ARZGY $24.41 $28.91 +18%
Sun Life Financial Inc SLF $77.66 $56.68 -27%
American International Group AIGB34 R$397.02 R$91.86 -77%

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Frequently asked questions

Is AXA SA (1CS) undervalued?
As of Jul 3, 2026, our model estimates a fair value of €67.43 versus a price of €44.03 — about +53% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 1CS?
Our model-based fair value for AXA SA is €67.43 (as of Jul 3, 2026), built from audited fundamentals. The current price is €44.03.
What is the quality score of 1CS?
AXA SA has a Quality Score of 67/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of AXA SA (1CS)?
AXA SA reported trailing-twelve-month revenue of about €94.7B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 1CS?
The net profit margin of AXA SA is about 10.4%, meaning it keeps roughly 10.4% of revenue as net income. Based on the latest reported figures.
Does AXA SA pay a dividend?
AXA SA currently shows a dividend yield of about 5.27% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.