- AXA reported an underlying profit of €8.08 billion for the fiscal year, marking a 6.2% increase year-on-year. This exceeded analyst estimates of €7.91 billion.
- The company generated revenue totaling €110.32 billion, which is a 7.4% rise from the previous year and above the projected €109.75 billion.
- AXA’s solvency ratio under the Solvency II framework stands at 216%, down from 227% the previous year, and slightly below the estimate of 218.6%.
- Net income for AXA reached €7.89 billion, which is a 9.7% increase from last year and surpasses the estimate of €7.85 billion.
- The dividend per share is set at €2.15, aligning with market expectations.
- The AXA board has approved an annual share buy-back program valued at €1.2 billion.
- CEO Thomas Buberl announced plans to return an additional €3.8 billion to shareholders through a share buy-back, contingent upon the closure of the sale of AXA Investment Managers to BNP Paribas.
“`
A look at AXA SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts have assessed the long-term outlook for AXA SA, an insurance company offering various financial services. Utilizing the Smartkarma Smart Scores, AXA SA has received varying scores across different factors: Value scores moderately at 3, indicating a decent evaluation based on its intrinsic value. The Dividend factor shines with a perfect score of 5, showcasing strong dividend payouts to shareholders. Growth is rated at 4, reflecting positive expectations for the company’s expansion. However, Resilience only scored a 2, suggesting potential vulnerabilities in managing risks. On the upside, Momentum received a high score of 5, indicating a strong upward trend in the company’s performance.
AXA SA operates in both local and global markets, offering life and non-life insurance, savings, pensions, and asset management services. With a solid dividend track record and promising growth prospects, investors may find AXA SA attractive for potential long-term gains. However, concerns over resilience highlight the importance of monitoring risk management practices. The high momentum score indicates a positive trajectory for the company, potentially offering opportunities for investors seeking growth. Overall, AXA SA‘s Smartkarma Smart Scores paint a picture of a company with strengths in dividends and growth, but with some areas needing improvement to enhance its overall resilience.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
