Professional
Added to YB: 2024-08-05
Pitch date: 2024-06-30
CS.PA [bullish]
AXA SA
+33.82%
current return
Author Info
No bio for this author
Company Info
AXA SA, through its subsidiaries, insurance, asset management, and banking services worldwide. The company operates through six segments: France, Europe, AXA XL, Asia, Africa & EME-LATAM, AXA Investment Managers, and Transversal & Other segments.
Market Cap
EUR 78.0B
Pitch Price
EUR 30.18
Price Target
N/A
Dividend
5.63%
EV/EBITDA
N/A
P/E
11.62
EV/Sales
1.42
Sector
Insurance
Category
value
Ariel Global Fund New Position: AXA SA
AXA SA (CS.PA): Trades at discount vs US peers. Shifting focus to non-life segments (commercial, protection, health) for predictable, high-margin recurring revenue. Strong cash generation driving dividends & buybacks. Expect valuation gap to narrow as operating performance improves & Europe exposure concerns ease.
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