Axos Financial Stock Return On Equity
| AX Stock | USD 49.21 0.35 0.72% |
Axos Financial fundamentals help investors to digest information that contributes to Axos Financial's financial success or failures. It also enables traders to predict the movement of Axos Stock. The fundamental analysis module provides a way to measure Axos Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Axos Financial stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.14 | 0.09 |
Axos | Return On Equity |
Axos Financial Company Return On Equity Analysis
Axos Financial's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Axos Financial Return On Equity | 0.21 |
Most of Axos Financial's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Axos Financial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Axos Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Axos Financial is extremely important. It helps to project a fair market value of Axos Stock properly, considering its historical fundamentals such as Return On Equity. Since Axos Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Axos Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Axos Financial's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Axos Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Axos Financial has a Return On Equity of 0.2078. This is 85.67% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 167.03% lower than that of the firm.
Axos Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Axos Financial's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Axos Financial could also be used in its relative valuation, which is a method of valuing Axos Financial by comparing valuation metrics of similar companies.Axos Financial is currently under evaluation in return on equity category among related companies.
Axos Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of Axos Financial from analyzing Axos Financial's financial statements. These drivers represent accounts that assess Axos Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Axos Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.3B | 2.7B | 2.1B | 2.4B | 2.1B | 2.2B | |
| Enterprise Value | 64.2M | 2.6B | 1.5B | 573.0M | 515.7M | 766.7M |
Axos Fundamentals
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.0199 | ||||
| Profit Margin | 0.43 % | ||||
| Operating Margin | 0.52 % | ||||
| Current Valuation | 1.88 B | ||||
| Shares Outstanding | 56.9 M | ||||
| Shares Owned By Insiders | 9.49 % | ||||
| Shares Owned By Institutions | 88.69 % | ||||
| Number Of Shares Shorted | 6.11 M | ||||
| Price To Earning | 11.37 X | ||||
| Price To Book | 1.36 X | ||||
| Price To Sales | 3.00 X | ||||
| Revenue | 890.18 M | ||||
| Gross Profit | 702.02 M | ||||
| EBITDA | 455.13 M | ||||
| Net Income | 307.17 M | ||||
| Cash And Equivalents | 75 K | ||||
| Total Debt | 451.78 M | ||||
| Debt To Equity | 0.16 % | ||||
| Current Ratio | 2.96 X | ||||
| Book Value Per Share | 36.52 X | ||||
| Cash Flow From Operations | 187.96 M | ||||
| Short Ratio | 11.79 X | ||||
| Earnings Per Share | 6.74 X | ||||
| Price To Earnings To Growth | 0.78 X | ||||
| Target Price | 68.33 | ||||
| Number Of Employees | 1.46 K | ||||
| Beta | 1.43 | ||||
| Market Capitalization | 2.8 B | ||||
| Total Asset | 20.35 B | ||||
| Retained Earnings | 1.74 B | ||||
| Working Capital | 144.28 M | ||||
| Current Asset | 217.86 M | ||||
| Current Liabilities | 73.58 M | ||||
| Net Asset | 20.35 B |
About Axos Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Axos Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Axos Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Axos Financial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Axos Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Axos Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Axos Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Axos Stock
| 0.81 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
| 0.79 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
Moving against Axos Stock
| 0.53 | TECTP | Tectonic Financial | PairCorr |
| 0.45 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
| 0.45 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.42 | CFG-PD | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Axos Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axos Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Axos Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Axos Financial to buy it.
The correlation of Axos Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Axos Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axos Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Axos Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Axos Financial Piotroski F Score and Axos Financial Altman Z Score analysis. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Axos Stock analysis
When running Axos Financial's price analysis, check to measure Axos Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axos Financial is operating at the current time. Most of Axos Financial's value examination focuses on studying past and present price action to predict the probability of Axos Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axos Financial's price. Additionally, you may evaluate how the addition of Axos Financial to your portfolios can decrease your overall portfolio volatility.
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Is Axos Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Axos Financial. If investors know Axos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Axos Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.941 | Earnings Share 6.74 | Revenue Per Share 15.998 | Quarterly Revenue Growth 0.096 | Return On Assets 0.0199 |
The market value of Axos Financial is measured differently than its book value, which is the value of Axos that is recorded on the company's balance sheet. Investors also form their own opinion of Axos Financial's value that differs from its market value or its book value, called intrinsic value, which is Axos Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Axos Financial's market value can be influenced by many factors that don't directly affect Axos Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Axos Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axos Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axos Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.