AXAXSWX:CS 70 Earnings Yield (Joel Greenblatt) % is 8.51% as of Dec. 2025, which is 6% above its 10-year median of 8.04. GuruFocus rates XSWX:CS with a GF Score™ of 70/100 and a GF Value™ of CHF33.11. The stock has 5 warning signs investors should review. Among 515 Insurance companies, AXA ranks better than 54.17% on this metric.
AXA's Enterprise Value for the quarter that ended in Dec. 2025 was CHF116,119 Mil.
AXA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was CHF9,942 Mil. AXA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 8.51%.
The historical rank and industry rank for AXA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XSWX:CS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.98 Med: 8.04 Max: 12.44
Current: 8.34
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of AXA was 12.44%. The lowest was 1.98%. And the median was 8.04%.
XSWX:CS's Earnings Yield (Joel Greenblatt) % is ranked better than 54.17% of 515
companies
in the Insurance industry
Industry Median: 7.14
vs XSWX:CS: 8.34
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. AXA's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 24.66%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
AXA (XSWX:CS) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
AXA Earnings Yield (Joel Greenblatt) % Related Terms
AXA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for AXA's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Diversified subindustry, AXA's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AXA Earnings Yield (Joel Greenblatt) % vs Insurance Industry
For the Insurance industry and Financial Services sector, AXA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where AXA's Earnings Yield (Joel Greenblatt) % falls into.
AXA Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
AXAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 8.51% mean?
AXA (XSWX:CS) has a Earnings Yield (Joel Greenblatt) % of 8.51% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on AXA and its competitors. This is near median its historical median of 8.04. Over the past decade, AXA's Earnings Yield (Joel Greenblatt) % has ranged from 1.98 to 12.44. According to the industry distribution chart, AXA ranks #236 out of 515 companies in the Insurance industry, placing it in the top 45.8%.
Is AXA's Earnings Yield (Joel Greenblatt) % too high?
AXA's current Earnings Yield (Joel Greenblatt) % of 8.51% is near median its 10-year median of 8.04. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 12.44. The Insurance industry median Earnings Yield (Joel Greenblatt) % is 7.14. AXA's value of 8.51% is 19.2% above this industry median. Based on the distribution chart, AXA ranks #236 out of 515 companies in the Insurance industry, which is above the industry midpoint. Overall, AXA has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does AXA's Earnings Yield (Joel Greenblatt) % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, AXA ranks #236 out of 515 companies for Earnings Yield (Joel Greenblatt) %. This puts AXA in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 7.14. AXA's value of 8.51% is 19.2% above this benchmark. Historically, AXA's own Earnings Yield (Joel Greenblatt) % has ranged from 1.98 to 12.44 over the past decade. While the company's 10-year median is 8.04 vs. the industry median of 7.14, AXA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Insurance company?
The median Earnings Yield (Joel Greenblatt) % among Insurance companies is 7.14, based on 515 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AXA's current Earnings Yield (Joel Greenblatt) % of 8.51% is 19.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on AXA and its competitors. For the Insurance industry, the median Earnings Yield (Joel Greenblatt) % is 7.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AXA's current Earnings Yield (Joel Greenblatt) % is 8.51%, which is near median its own 10-year median of 8.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXA stock overvalued right now?
AXA (XSWX:CS) has a current Earnings Yield (Joel Greenblatt) % of 8.51%. The stock's GF Value™ is CHF33.11, compared to a current price of CHF37.96 — trading 14.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.51%, which is near median its 10-year median of 8.04 and 19.2% above the Insurance industry median of 7.14. AXA's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For AXA (XSWX:CS), the current Earnings Yield (Joel Greenblatt) % is 8.51% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AXA (XSWX:CS) Overvalued in 2026?
Based on GuruFocus' analysis, AXA stock appears to be overvalued.
The current stock price of CHF37.96 is trading 14.6% above its estimated GF Value™ of CHF33.11.
Key valuation signals for XSWX:CS:
Earnings Yield (Joel Greenblatt) %: 8.51% (near median its 10-year median of 8.04)
GF Value™: CHF33.11 vs. price of CHF37.96 (14.6% above fair value)
Industry Position: 19.2% above the Insurance median (#236 of 515)
No single metric tells the full story. See the XSWX:CS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AXA's origins date back to Ancienne Mutuelle, one of the few insurers that remained after the creation of the French social security system. With the threat of nationalization, a merger took place between Drouot and AXA, which was then still known as Mutuelles Unies in 1982, and later Présence. Ten years later, AXA acquired North American life insurer Equitable Holdings. This was a time of expansion as AXA also bought the French insurer UAP. As markets crashed at the turn of the millennium, AXA decided to refocus its business and exited its stake in US investment bank Donaldson, Lufkin & Jenrette. A few years later, the business expanded again with the acquisition of Swiss insurer Winterthur. AXA has reshaped its portfolio to technical risks.
70GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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