Financials Axon Enterprise, Inc.

Equities

AXON

US05464C1018

Aerospace & Defense

Market Closed - Nasdaq 21:00:00 19/07/2024 BST 5-day change 1st Jan Change
308.4 USD +0.91% Intraday chart for Axon Enterprise, Inc. +5.40% +19.40%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,349 7,787 10,749 11,808 19,358 23,278 - -
Enterprise Value (EV) 1 3,998 7,225 10,306 10,834 18,714 22,550 22,154 21,368
P/E ratio 7,328 x -4,084 x -173 x 81.7 x 112 x 81.6 x 73.8 x 56 x
Yield - - - - - - - -
Capitalization / Revenue 8.19 x 11.4 x 12.5 x 9.92 x 12.4 x 11.8 x 9.69 x 8.14 x
EV / Revenue 7.53 x 10.6 x 11.9 x 9.1 x 12 x 11.4 x 9.23 x 7.47 x
EV / EBITDA 45.5 x 46.4 x 57.9 x 46.6 x 56.8 x 51.2 x 37.5 x 27.4 x
EV / FCF 81 x -212 x 138 x 60.3 x 144 x 126 x 59.3 x 40.9 x
FCF Yield 1.23% -0.47% 0.72% 1.66% 0.69% 0.79% 1.69% 2.45%
Price to Book 8.09 x 8 x 10.6 x 9.35 x 12.1 x 11.4 x 9.48 x 8.44 x
Nbr of stocks (in thousands) 59,341 63,550 68,468 71,165 74,934 75,467 - -
Reference price 2 73.28 122.5 157.0 165.9 258.3 308.4 308.4 308.4
Announcement Date 27/02/20 25/02/21 24/02/22 28/02/23 27/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 530.9 681 863.4 1,190 1,563 1,979 2,401 2,861
EBITDA 1 87.78 155.8 178.1 232.3 329.3 440.8 591.3 780.2
EBIT 1 -6.394 -14.15 -168.1 93.25 154.8 181.9 333.2 469.9
Operating Margin -1.2% -2.08% -19.47% 7.84% 9.9% 9.19% 13.88% 16.43%
Earnings before Tax (EBT) 1 2.07 -6.291 -141.4 196.5 155 342.2 386 549.4
Net income 1 0.882 -1.724 -60.02 147.1 174.2 294.1 300.4 378
Net margin 0.17% -0.25% -6.95% 12.37% 11.14% 14.86% 12.51% 13.21%
EPS 2 0.0100 -0.0300 -0.9100 2.030 2.310 3.781 4.181 5.510
Free Cash Flow 1 49.33 -34.15 74.61 179.6 129.6 178.6 373.4 523
FCF margin 9.29% -5.01% 8.64% 15.09% 8.29% 9.02% 15.55% 18.28%
FCF Conversion (EBITDA) 56.2% - 41.89% 77.29% 39.36% 40.51% 63.15% 67.04%
FCF Conversion (Net income) 5,592.97% - - 122.03% 74.4% 60.72% 124.29% 138.38%
Dividend per Share 2 - - - - - - - -
Announcement Date 27/02/20 25/02/21 24/02/22 28/02/23 27/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 217.6 256.4 285.6 311.8 336.1 343 374.6 413.6 432.1 460.7 477.9 510 531.1 563.9 585.7
EBITDA 1 30.51 48.86 49.76 67.78 65.92 65.08 82.36 91.62 91.06 108.9 101.4 110.5 117.3 133.9 141.9
EBIT 1 -27.07 17.19 21.41 32.11 22.54 16.61 40.26 55.11 42.81 16.28 45.86 53.69 62.11 77.36 86.22
Operating Margin -12.44% 6.71% 7.5% 10.3% 6.71% 4.84% 10.75% 13.33% 9.91% 3.53% 9.6% 10.53% 11.69% 13.72% 14.72%
Earnings before Tax (EBT) 1 -37.21 72.49 68.44 20.86 34.73 41.88 -12.11 69.42 55.8 165.7 49.15 57.64 68.75 84.66 94.62
Net income 1 -13.51 54.87 50.96 12.13 29.18 45.14 12.42 59.4 57.27 133.2 40.25 47.93 53.94 58.92 63.53
Net margin -6.21% 21.4% 17.84% 3.89% 8.68% 13.16% 3.32% 14.36% 13.25% 28.91% 8.42% 9.4% 10.16% 10.45% 10.85%
EPS 2 -0.1900 0.7600 0.7100 0.1700 0.4000 0.6100 0.1600 0.7800 0.7500 1.730 0.6162 0.7162 0.7950 1.022 1.108
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 24/02/22 10/05/22 09/08/22 08/11/22 28/02/23 09/05/23 08/08/23 07/11/23 27/02/24 06/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 351 562 443 975 643 728 1,124 1,909
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 49.3 -34.1 74.6 180 130 179 373 523
ROE (net income / shareholders' equity) 12.3% 15% 16.5% 13.7% 21.7% 19% 19.7% 19.4%
ROA (Net income/ Total Assets) 7.94% 10.2% 10.9% 7% 9.92% 9.83% 11.3% -
Assets 1 11.1 -16.87 -551.6 2,102 1,756 2,993 2,656 -
Book Value Per Share 2 9.060 15.30 14.80 17.70 21.40 27.00 32.50 36.50
Cash Flow per Share 2 - - - 3.240 - 3.580 4.880 -
Capex 1 15.9 72.6 49.9 55.8 59.6 82.8 73.3 77.5
Capex / Sales 3% 10.67% 5.78% 4.69% 3.81% 4.18% 3.05% 2.71%
Announcement Date 27/02/20 25/02/21 24/02/22 28/02/23 27/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
308.4 USD
Average target price
369.6 USD
Spread / Average Target
+19.83%
Consensus
  1. Stock Market
  2. Equities
  3. AXON Stock
  4. Financials Axon Enterprise, Inc.