AXON ENTERPRISE INC (AXON)
US05464C1018 - Common Stock
Taking everything into account, AXON scores 7 out of 10 in our fundamental rating. AXON was compared to 65 industry peers in the Aerospace & Defense industry. AXON gets an excellent profitability rating and is at the same time showing great financial health properties. AXON is valued quite expensive, but it does show an excellent growth. This makes AXON very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
AXON had positive earnings in the past year.
In the past year AXON had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: AXON reported negative net income in multiple years.
Each year in the past 5 years AXON had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AXON (10.79%) is better than 92.31% of its industry peers.
With an excellent Return On Equity value of 20.59%, AXON belongs to the best of the industry, outperforming 90.77% of the companies in the same industry.
AXON has a Return On Invested Capital of 3.25%. This is comparable to the rest of the industry: AXON outperforms 41.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.79% | ||
| ROE | 20.59% | ||
| ROIC | 3.25% |
ROA(3y)2.22%
ROA(5y)1.33%
ROE(3y)5.56%
ROE(5y)3.33%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 18.01%, AXON belongs to the top of the industry, outperforming 93.85% of the companies in the same industry.
AXON's Profit Margin has improved in the last couple of years.
AXON has a Operating Margin (5.75%) which is comparable to the rest of the industry.
AXON's Operating Margin has improved in the last couple of years.
The Gross Margin of AXON (59.14%) is better than 92.31% of its industry peers.
In the last couple of years the Gross Margin of AXON has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.75% | ||
| PM (TTM) | 18.01% | ||
| GM | 59.14% |
OM growth 3YN/A
OM growth 5Y10.86%
PM growth 3YN/A
PM growth 5Y9.9%
GM growth 3Y-0.01%
GM growth 5Y-0.15%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AXON is destroying value.
AXON has more shares outstanding than it did 1 year ago.
The number of shares outstanding for AXON has been increased compared to 5 years ago.
Compared to 1 year ago, AXON has an improved debt to assets ratio.
2.2 Solvency
AXON has an Altman-Z score of 16.45. This indicates that AXON is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 16.45, AXON belongs to the top of the industry, outperforming 95.38% of the companies in the same industry.
AXON has a debt to FCF ratio of 3.09. This is a good value and a sign of high solvency as AXON would need 3.09 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.09, AXON belongs to the top of the industry, outperforming 83.08% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that AXON is not too dependend on debt financing.
AXON has a Debt to Equity ratio of 0.32. This is in the better half of the industry: AXON outperforms 66.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 3.09 | ||
| Altman-Z | 16.45 |
ROIC/WACC0.36
WACC8.93%
2.3 Liquidity
A Current Ratio of 2.96 indicates that AXON has no problem at all paying its short term obligations.
The Current ratio of AXON (2.96) is better than 70.77% of its industry peers.
A Quick Ratio of 2.63 indicates that AXON has no problem at all paying its short term obligations.
AXON's Quick ratio of 2.63 is amongst the best of the industry. AXON outperforms 89.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.96 | ||
| Quick Ratio | 2.63 |
3. Growth
3.1 Past
AXON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.61%, which is quite impressive.
Measured over the past years, AXON shows a very strong growth in Earnings Per Share. The EPS has been growing by 45.65% on average per year.
Looking at the last year, AXON shows a very strong growth in Revenue. The Revenue has grown by 63.57%.
Measured over the past years, AXON shows a very strong growth in Revenue. The Revenue has been growing by 30.06% on average per year.
EPS 1Y (TTM)32.61%
EPS 3Y32.14%
EPS 5Y45.65%
EPS Q2Q%42.16%
Revenue 1Y (TTM)63.57%
Revenue growth 3Y31.92%
Revenue growth 5Y30.06%
Sales Q2Q%31.59%
3.2 Future
AXON is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.83% yearly.
Based on estimates for the next years, AXON will show a very strong growth in Revenue. The Revenue will grow by 24.76% on average per year.
EPS Next Y20.07%
EPS Next 2Y21.27%
EPS Next 3Y20.83%
EPS Next 5YN/A
Revenue Next Year31.46%
Revenue Next 2Y26.75%
Revenue Next 3Y24.76%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 128.31, which means the current valuation is very expensive for AXON.
Compared to the rest of the industry, the Price/Earnings ratio of AXON is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 28.96. AXON is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 103.94, which means the current valuation is very expensive for AXON.
The rest of the industry has a similar Price/Forward Earnings ratio as AXON.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.82, AXON is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 128.31 | ||
| Fwd PE | 103.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AXON is valued a bit more expensive than 66.15% of the companies in the same industry.
AXON's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 216.71 | ||
| EV/EBITDA | 261.57 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AXON does not grow enough to justify the current Price/Earnings ratio.
AXON has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as AXON's earnings are expected to grow with 20.83% in the coming years.
PEG (NY)6.39
PEG (5Y)2.81
EPS Next 2Y21.27%
EPS Next 3Y20.83%
5. Dividend
5.1 Amount
No dividends for AXON!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AXON ENTERPRISE INC
NASDAQ:AXON (11/21/2024, 8:13:52 PM)
After market: 631 -0.27 (-0.04%)631.27
+21.45 (+3.52%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap47.71B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 128.31 | ||
| Fwd PE | 103.94 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)6.39
PEG (5Y)2.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.79% | ||
| ROE | 20.59% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.75% | ||
| PM (TTM) | 18.01% | ||
| GM | 59.14% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.96 | ||
| Quick Ratio | 2.63 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)32.61%
EPS 3Y32.14%
EPS 5Y
EPS Q2Q%
EPS Next Y20.07%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)63.57%
Revenue growth 3Y31.92%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y