AXON ENTERPRISE INC (AXON) Stock Fundamental Analysis
USA - NASDAQ:AXON - US05464C1018 - Common Stock
750.67 USD
-10.12 (-1.33%)
751.07 USD
+0.4 (+0.05%)
We assign a fundamental rating of 5 out of 10 to AXON. AXON was compared to 69 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of AXON get a neutral evaluation. Nothing too spectacular is happening here. AXON is valued quite expensive, but it does show an excellent growth. These ratings could make AXON a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
In the past year AXON was profitable.
AXON had a positive operating cash flow in the past year.
In multiple years AXON reported negative net income over the last 5 years.
AXON had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.25%, AXON is doing good in the industry, outperforming 71.01% of the companies in the same industry.
AXON's Return On Equity of 11.94% is fine compared to the rest of the industry. AXON outperforms 79.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.25% | ||
| ROE | 11.94% | ||
| ROIC | N/A |
ROA(3y)6.24%
ROA(5y)3.01%
ROE(3y)12.89%
ROE(5y)6.55%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AXON has a Profit Margin of 13.64%. This is amongst the best in the industry. AXON outperforms 88.41% of its industry peers.
AXON's Profit Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 60.47%, AXON belongs to the top of the industry, outperforming 91.30% of the companies in the same industry.
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 | N/A | ||
| PM (TTM) | 13.64% | ||
| GM | 60.47% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y155.54%
GM growth 3Y-1.64%
GM growth 5Y0.59%
2. Health
2.1 Basic Checks
AXON does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for AXON has been increased compared to 1 year ago.
AXON has more shares outstanding than it did 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 11.37. This indicates that AXON is financially healthy and has little risk of bankruptcy at the moment.
AXON has a Altman-Z score of 11.37. This is amongst the best in the industry. AXON outperforms 88.41% of its industry peers.
AXON has a debt to FCF ratio of 11.38. This is a negative value and a sign of low solvency as AXON would need 11.38 years to pay back of all of its debts.
AXON has a Debt to FCF ratio (11.38) which is in line with its industry peers.
A Debt/Equity ratio of 0.63 indicates that AXON is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.63, AXON is not doing good in the industry: 62.32% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 11.38 | ||
| Altman-Z | 11.37 |
ROIC/WACCN/A
WACC9.64%
2.3 Liquidity
A Current Ratio of 2.95 indicates that AXON has no problem at all paying its short term obligations.
AXON has a better Current ratio (2.95) than 63.77% of its industry peers.
A Quick Ratio of 2.71 indicates that AXON has no problem at all paying its short term obligations.
AXON has a better Quick ratio (2.71) than 82.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.95 | ||
| Quick Ratio | 2.71 |
3. Growth
3.1 Past
AXON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 57.24%, which is quite impressive.
The Earnings Per Share has been growing by 41.41% on average over the past years. This is a very strong growth
Looking at the last year, AXON shows a very strong growth in Revenue. The Revenue has grown by 32.37%.
AXON shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 31.44% yearly.
EPS 1Y (TTM)57.24%
EPS 3Y36.34%
EPS 5Y41.41%
EPS Q2Q%76.67%
Revenue 1Y (TTM)32.37%
Revenue growth 3Y34.11%
Revenue growth 5Y31.44%
Sales Q2Q%32.62%
3.2 Future
AXON is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.51% yearly.
AXON is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.50% yearly.
EPS Next Y16.3%
EPS Next 2Y17.2%
EPS Next 3Y19.51%
EPS Next 5YN/A
Revenue Next Year30.95%
Revenue Next 2Y27.6%
Revenue Next 3Y25.4%
Revenue Next 5Y19.5%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 106.33, which means the current valuation is very expensive for AXON.
AXON's Price/Earnings ratio is in line with the industry average.
AXON's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.20.
The Price/Forward Earnings ratio is 92.94, which means the current valuation is very expensive for AXON.
62.32% of the companies in the same industry are cheaper than AXON, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.71. AXON is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 106.33 | ||
| Fwd PE | 92.94 |
4.2 Price Multiples
65.22% of the companies in the same industry are cheaper than AXON, based on the Enterprise Value to EBITDA ratio.
AXON's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 333.89 | ||
| EV/EBITDA | 975 |
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.
A more expensive valuation may be justified as AXON's earnings are expected to grow with 19.51% in the coming years.
PEG (NY)6.52
PEG (5Y)2.57
EPS Next 2Y17.2%
EPS Next 3Y19.51%
5. Dividend
5.1 Amount
No dividends for AXON!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
750.67
-10.12 (-1.33%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners81.96%
Inst Owner ChangeN/A
Ins Owners0.57%
Ins Owner Change5.24%
Market Cap58.93B
Analysts83.08
Price Target885.54 (17.97%)
Short Float %2.19%
Short Ratio2.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)25.34%
Min EPS beat(2)8.51%
Max EPS beat(2)42.17%
EPS beat(4)4
Avg EPS beat(4)28.65%
Min EPS beat(4)8.51%
Max EPS beat(4)45.27%
EPS beat(8)8
Avg EPS beat(8)26.23%
EPS beat(12)12
Avg EPS beat(12)33.52%
EPS beat(16)16
Avg EPS beat(16)60.63%
Revenue beat(2)2
Avg Revenue beat(2)2.58%
Min Revenue beat(2)1.38%
Max Revenue beat(2)3.78%
Revenue beat(4)3
Avg Revenue beat(4)1.6%
Min Revenue beat(4)-0.39%
Max Revenue beat(4)3.78%
Revenue beat(8)7
Avg Revenue beat(8)2.04%
Revenue beat(12)11
Avg Revenue beat(12)3.55%
Revenue beat(16)15
Avg Revenue beat(16)4.85%
PT rev (1m)9.21%
PT rev (3m)22.37%
EPS NQ rev (1m)1.87%
EPS NQ rev (3m)-1.39%
EPS NY rev (1m)8.39%
EPS NY rev (3m)9.65%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.18%
Revenue NY rev (1m)2.1%
Revenue NY rev (3m)2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 106.33 | ||
| Fwd PE | 92.94 | ||
| P/S | 24.64 | ||
| P/FCF | 333.89 | ||
| P/OCF | 213.83 | ||
| P/B | 21.57 | ||
| P/tB | 32.6 | ||
| EV/EBITDA | 975 |
EPS(TTM)7.06
EY0.94%
EPS(NY)8.08
Fwd EY1.08%
FCF(TTM)2.25
FCFY0.3%
OCF(TTM)3.51
OCFY0.47%
SpS30.47
BVpS34.81
TBVpS23.03
PEG (NY)6.52
PEG (5Y)2.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.25% | ||
| ROE | 11.94% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 13.64% | ||
| GM | 60.47% | ||
| FCFM | 7.38% |
ROA(3y)6.24%
ROA(5y)3.01%
ROE(3y)12.89%
ROE(5y)6.55%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)3.99%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y155.54%
GM growth 3Y-1.64%
GM growth 5Y0.59%
F-Score4
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 11.38 | ||
| Debt/EBITDA | 29.12 | ||
| Cap/Depr | 163.86% | ||
| Cap/Sales | 4.14% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 464.18% | ||
| Profit Quality | 54.09% | ||
| Current Ratio | 2.95 | ||
| Quick Ratio | 2.71 | ||
| Altman-Z | 11.37 |
F-Score4
WACC9.64%
ROIC/WACCN/A
Cap/Depr(3y)192.5%
Cap/Depr(5y)286.11%
Cap/Sales(3y)4.12%
Cap/Sales(5y)5.78%
Profit Quality(3y)94.26%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)57.24%
EPS 3Y36.34%
EPS 5Y41.41%
EPS Q2Q%76.67%
EPS Next Y16.3%
EPS Next 2Y17.2%
EPS Next 3Y19.51%
EPS Next 5YN/A
Revenue 1Y (TTM)32.37%
Revenue growth 3Y34.11%
Revenue growth 5Y31.44%
Sales Q2Q%32.62%
Revenue Next Year30.95%
Revenue Next 2Y27.6%
Revenue Next 3Y25.4%
Revenue Next 5Y19.5%
EBIT growth 1Y-100.73%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year95.57%
EBIT Next 3Y48.75%
EBIT Next 5YN/A
FCF growth 1Y59.92%
FCF growth 3Y64.36%
FCF growth 5Y46.2%
OCF growth 1Y74.03%
OCF growth 3Y48.58%
OCF growth 5Y44.12%