122.27 USD (+28.2%)
11 analysts
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Axis Capital Holdings is a specialty insurer and reinsurer based in Bermuda, providing coverage for complex and high-value risks in the global insurance and reinsurance markets.
Key points
from its scores- ✓Favourable backdrop8.4
- ✓Attractive valuation8.3
- ✓Strong growth7.0
- ✕Little or no dividend4.8
AI analysis
bottom line, main risk, context and newsHold or buy on dips, given the solid profitability profile and attractive valuation, but with caution due to exposure to tail-risk events.
Axis Capital presents a very attractive valuation (P/E 6.78, P/B adjusted by ROE 0.67) backed by solid profitability (ROE 17.42%) and earnings growth of 24.30%, although its dividend yield is modest (1.85%).
The main risk is exposure to catastrophic or tail-risk events in the specialty insurance business, which can generate significant losses and impact profitability.
Context and risks
Axis Capital is domiciled in Bermuda, a jurisdiction with stable regulatory oversight but with a governance framework that may differ from standards in more developed markets. The main risk is exposure to tail-risk events in the specialty insurance business, which can generate significant losses from a single claim.
Is Axis Capital Holdings stock cheap or expensive?
at the analysis dateOn P/E and Price / book, it trades 44% below the Financial Services median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 6.8 | 13.7 | −51% |
| EV / EBITDA | 5.7 | 10.1 | −43% |
| Price / book | 1.2 | 1.9 | −37% |
| Price / sales | 1.0 | 3.5 | −70% |
Sector: median of the 351 Financial Services companies analysed. In bold, the multiples used for the comparison.
Valuation score: 8.3 out of 10 (median for Financial Services: 5.2).
Average analyst target: 122.27 USD, +28.2% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 6.5 (sector 5.5), Growth 7.0 (sector 6.9).
Classic formulas with standard assumptions (0.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Financial Services medianValuation
- P/E
- 6.8
- Forward P/E
- 7.1
- EV / EBITDA
- 5.7
- Price / book
- 1.2
- Price / sales
- 1.0
- PEG
- 1.18
- Market cap
- 7.0B USD
- Enterprise value
- 8.2B USD
Profitability
- ROE
- 17.4%
- ROA
- 2.4%
- ROIC (approx.)
- 17.4%
- Gross margin
- 30.7%
- Operating margin
- 19.2%
- Net margin
- 16.2%
- Free cash flow
- 2.3B USD
- FCF yield
- 33.4%
- Cash conversion
- 164%
Solvency
- Total debt
- 1.5B USD
- Net debt
- 704.1M USD
- Cash
- 782.8M USD
- EBITDA
- 1.4B USD
- Net debt / EBITDA
- 0.49
- Debt / equity
- 22.86
- Current ratio
- 0.68
- Quick ratio
- 0.19
Growth
- Revenue growth
- +7.4%
- Earnings growth
- +24.3%
- EPS (TTM)
- 14.06 USD
- EPS (forward)
- 13.47 USD
Dividend
- Dividend yield
- 1.8%
- Payout
- 12.5%
Risk and market
- Beta
- 0.46
- Analyst consensus
- Buy (11)
- Target price
- 122.27 USD
- 52-week range
- 88.07 – 119.99
Recent news
All AXS news →Compare it with its sector
All 351 in Financial Services →Frequently asked questions about Axis Capital Holdings
Is Axis Capital Holdings stock cheap or expensive?
On P/E and Price / book, it trades 44% below the Financial Services median on average. Valuation score: 8.3 out of 10 (median for Financial Services: 5.2). Average analyst target: 122.27 USD, +28.2% versus the price. This is not investment advice.
What score does Axis Capital Holdings get on MeridIAn Screener?
It scores 7.0 out of 10, rank 198 of 2,130 (better than 89% of the companies analysed). Its strongest category is Risk & Context (8.4) and its weakest, Dividend (4.8). Analysis of 08/10/2026.
What is Axis Capital Holdings's P/E ratio?
Its P/E is 6.8: the share price equals 6.8 times earnings per share over the last 12 months. The Financial Services median is 13.7. Based on the earnings analysts expect, the forward P/E is 7.1.
How much is Axis Capital Holdings worth on the stock market?
Its market capitalisation is 7.0B USD.
Does Axis Capital Holdings pay a dividend?
Yes: its dividend yield is 1.85% and it pays out 13% of its earnings.
How has Axis Capital Holdings stock performed over the last year?
It has risen 0.4% over the last year, excluding dividends. Over the last 52 weeks it has traded between 88.07 and 119.99 USD. Past performance does not guarantee future results.
What do analysts think of Axis Capital Holdings?
11 analysts cover it; their average recommendation is “Buy” and their average target is 122.27 USD (+28.2% versus the price). It is an estimate, not market data.