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AXAFRA:AXAA -0.45%72 EV-to-OCF is 9.74 as of Aug. 04, 2026, which is 5% below its 10-year median of 10.30. GuruFocus rates FRA:AXAA with a GF Score™ of 72/100 and a GF Value™ of €41.83 (Fairly Valued). The stock has 5 warning signs investors should review. Among 503 Insurance companies, AXA ranks worse than 62.43% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, AXA's Enterprise Value is €145,280 Mil.
AXA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €14,918 Mil. Therefore, AXA's EV-to-OCF for today is 9.74.
The historical rank and industry rank for AXA's EV-to-OCF or its related term are showing as below:
FRA:AXAA'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.38 Med: 10.3 Max: 30.09
Current: 9.74
During the past 13 years, the highest EV-to-OCF of AXA was 30.09. The lowest was 3.38. And the median was 10.30.
FRA:AXAA's EV-to-OCF is ranked worse than 62.43% of 503
companies
in the Insurance industry
Industry Median: 6.86
vs FRA:AXAA: 9.74
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-08-04), AXA's stock price is €44.60.
AXA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €4.770. Therefore, AXA's PE Ratio (TTM) for today is 9.35.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
AXA's share price for today is €44.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AXA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €4.770.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
AXA EV-to-OCF Related Terms
AXA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for AXA's EV-to-OCF 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 EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Insurance Industry
For the Insurance industry and Financial Services sector, AXA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where AXA's EV-to-OCF falls into.
AXA's current Enterprise Value is €145,280 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AXA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €14,918 Mil.
* 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.
AXA (FRA:AXAA) has a EV-to-OCF of 9.74 as of Aug. 04, 2026. This is near median its historical median of 10.30. Over the past decade, AXA's EV-to-OCF has ranged from 3.38 to 30.09. According to the industry distribution chart, AXA ranks #314 out of 503 companies in the Insurance industry, placing it in the top 62.4%.
Is AXA's EV-to-OCF too high?
AXA's current EV-to-OCF of 9.74 is near median its 10-year median of 10.30. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 30.09. The Insurance industry median EV-to-OCF is 6.86. AXA's value of 9.74 is 42% above this industry median. Based on the distribution chart, AXA ranks #314 out of 503 companies in the Insurance industry, which is below the industry midpoint. Overall, AXA has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AXA's EV-to-OCF compare to BRK.A and AIG?
According to the Insurance industry distribution chart, AXA ranks #314 out of 503 companies for EV-to-OCF. This places AXA in the lower half of its industry. The industry median EV-to-OCF is 6.86. AXA's value of 9.74 is 42% above this benchmark. Historically, AXA's own EV-to-OCF has ranged from 3.38 to 30.09 over the past decade. While the company's 10-year median is 10.30 vs. the industry median of 6.86, 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 EV-to-OCF for an Insurance company?
The median EV-to-OCF among Insurance companies is 6.86, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AXA's current EV-to-OCF of 9.74 is 42% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Insurance industry, the median EV-to-OCF is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AXA's current EV-to-OCF is 9.74, which is near median its own 10-year median of 10.30. 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?
Based on GuruFocus' analysis, AXA (FRA:AXAA) is currently considered Fairly Valued. The stock's GF Value™ is €41.83, compared to a current price of €44.60 — trading 6.6% above its estimated fair value. The current EV-to-OCF is 9.74, which is near median its 10-year median of 10.30 and 42% above the Insurance industry median of 6.86. AXA's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For AXA (FRA:AXAA), the current EV-to-OCF is 9.74 as of Aug. 04, 2026. 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 (FRA:AXAA) Overvalued in 2026?
Based on GuruFocus' analysis, AXA stock appears to be overvalued.
The current stock price of €44.60 is trading 6.6% above its estimated GF Value™ of €41.83.
GuruFocus considers AXA to be Fairly Valued.
Key valuation signals for FRA:AXAA:
EV-to-OCF: 9.74 (near median its 10-year median of 10.30)
GF Value™: €41.83 vs. price of €44.60 (6.6% above fair value)
Industry Position: 42% above the Insurance median (#314 of 503)
No single metric tells the full story. See the FRA:AXAA 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.
72GF Score
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