Axos Payout Ratio vs Book Value Per Share Analysis
| AX Stock | USD 57.53 0.24 0.42% |
Axos Financial financial indicator trend analysis is way more than just evaluating Axos Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axos Financial is a good investment. Please check the relationship between Axos Financial Payout Ratio and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.
Payout Ratio vs Book Value Per Share
Payout Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axos Financial Payout Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Axos Financial's Payout Ratio and Book Value Per Share is -0.67. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Axos Financial, assuming nothing else is changed. The correlation between historical values of Axos Financial's Payout Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Axos Financial are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Payout Ratio i.e., Axos Financial's Payout Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.67 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Payout Ratio
Payout Ratio is the proportion of Axos Financial earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Axos Financial dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Axos Financial is paying out more in dividends than it makes in net income.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from Axos Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axos Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.At this time, Axos Financial's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 766.7 M in 2024, whereas Tax Provision is likely to drop slightly above 95.3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 705.3M | 890.2M | 1.0B | 1.1B | Interest Expense | 52.6M | 374.0M | 430.1M | 451.6M |
Axos Financial fundamental ratios Correlations
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Axos Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axos Financial fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 13.9B | 14.3B | 17.5B | 20.3B | 23.4B | 24.6B | |
| Short Long Term Debt Total | 478.3M | 574.9M | 562.7M | 451.8M | 519.5M | 476.3M | |
| Total Current Liabilities | 702.1M | 745.0M | 774.6M | 696.6M | 801.1M | 841.1M | |
| Total Stockholder Equity | 1.2B | 1.4B | 1.6B | 1.9B | 2.2B | 2.3B | |
| Net Debt | (1.3B) | (140.8M) | (639.8M) | (1.8B) | (1.6B) | (1.5B) | |
| Other Assets | 11.4B | 12.7B | 15.1B | 17.1B | 19.7B | 20.6B | |
| Common Stock Shares Outstanding | 61.4M | 60.5M | 60.6M | 60.6M | 69.7M | 49.7M | |
| Liabilities And Stockholders Equity | 13.9B | 14.3B | 17.5B | 20.3B | 23.4B | 24.6B | |
| Other Stockholder Equity | 216.7M | 210.0M | 216.8M | 187.5M | 215.6M | 153.2M | |
| Total Liab | 12.6B | 12.9B | 15.8B | 18.4B | 21.2B | 22.3B | |
| Short Term Debt | 152.0M | 974.5M | 27.5M | 206.0M | 236.9M | 262.7M | |
| Other Liab | 327.2M | 535.4M | 829.1M | 397.2M | 456.8M | 479.6M | |
| Property Plant And Equipment Net | 103.6M | 90.4M | 105.4M | 116.9M | 134.5M | 141.2M | |
| Retained Earnings | 1.0B | 1.2B | 1.4B | 1.7B | 2.0B | 2.1B | |
| Accounts Payable | 550.1M | 745.0M | 829.1M | 696.6M | 801.1M | 841.1M | |
| Cash | 1.8B | 715.6M | 1.2B | 2.2B | 2.6B | 2.7B | |
| Non Current Assets Total | 323.8M | 323.2M | 445.9M | 410.7M | 472.3M | 495.9M | |
| Non Currrent Assets Other | (151.4M) | (159.4M) | (206.2M) | (234.2M) | (269.4M) | (282.8M) | |
| Long Term Debt | 235.8M | 574.9M | 562.7M | 451.8M | 519.5M | 545.5M | |
| Cash And Short Term Investments | 1.9B | 903.0M | 1.5B | 2.5B | 2.8B | 3.0B | |
| Net Receivables | 220.3M | 369.8M | 471.9M | 374.1M | 430.2M | 451.7M | |
| Common Stock Total Equity | 673K | 681K | 689K | 695K | 799.3K | 839.2K | |
| Short Term Investments | 187.6M | 187.3M | 262.5M | 232.4M | 267.2M | 165.0M | |
| Non Current Liabilities Total | 478.3M | 574.9M | 562.7M | 451.8M | 519.5M | 495.5M | |
| Inventory | (2.4B) | (2.0B) | (2.4B) | (2.9B) | (2.6B) | (2.5B) | |
| Total Current Assets | 2.2B | 1.3B | 1.9B | 2.8B | 3.3B | 2.3B | |
| Common Stock | 673K | 681K | 689K | 695K | 799.3K | 839.2K | |
| Property Plant Equipment | 103.6M | 90.4M | 105.4M | 53.4M | 61.4M | 64.4M | |
| Accumulated Other Comprehensive Income | (937K) | 2.5M | (2.9M) | (6.6M) | (5.9M) | (5.7M) | |
| Other Current Liab | (702.1M) | (745.0M) | (54.4M) | (696.6M) | (626.9M) | (595.6M) | |
| Treasury Stock | (82.5M) | (148.8M) | (195.1M) | (222.5M) | (200.3M) | (190.3M) | |
| Good Will | 125.4M | 116.0M | 156.4M | 152.1M | 175.0M | 183.7M | |
| Retained Earnings Total Equity | 1.0B | 1.2B | 1.4B | 1.7B | 2.0B | 2.1B | |
| Intangible Assets | 10.7M | 17.9M | 25.2M | 25.4M | 29.3M | 30.7M | |
| Net Tangible Assets | 1.1B | 1.3B | 1.6B | 1.8B | 2.0B | 1.0B | |
| Long Term Debt Total | 235.8M | 221.4M | 445.2M | 361.8M | 416.0M | 436.8M | |
| Capital Surpluse | 411.9M | 432.6M | 453.8M | 479.9M | 551.9M | 387.2M | |
| Long Term Investments | 187.7M | 189.3M | 264.3M | 233.1M | 209.8M | 199.3M |
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
| 0.85 | BY | Byline Bancorp Financial Report 25th of July 2024 | 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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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 0.447 | Earnings Share 7.32 | Revenue Per Share 17.291 | Quarterly Revenue Growth 0.279 | Return On Assets 0.0204 |
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.