Axos Financial Stock Z Score

AX Stock

USD 52.82 1.08 2.09%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Axos Financial Piotroski F Score and Axos Financial Valuation analysis.

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 Capital Expenditures is fairly stable compared to the past year. Return On Capital Employed is likely to rise to 0.04 in 2024, whereas Capital Surpluse is likely to drop slightly above 387.2 M in 2024. At this time, Axos Financial's Income Tax Expense is fairly stable compared to the past year. Depreciation And Amortization is likely to rise to about 28.2 M in 2024, despite the fact that Total Operating Expenses is likely to grow to (392 M).

Axos Financial Company Z Score Analysis

Axos Financial's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Axos Z Score 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 Z Score. 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.

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Short Term Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Current Assets	Common Stock	Property Plant Equipment	Treasury Stock	Intangible Assets	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Earning Assets	Net Invested Capital	Current Deferred Revenue	Capital Stock
Total Assets		1.0	-0.88	1.0	0.02	0.99	0.93	0.89	0.92	0.52	0.0	0.86	0.75	-0.9	0.98	0.89	0.95	0.89	-0.46	-0.92	0.85	0.86	0.78	-0.85
Total Stockholder Equity	1.0		-0.87	1.0	0.04	0.99	0.92	0.9	0.92	0.52	0.02	0.86	0.75	-0.9	0.98	0.89	0.95	0.89	-0.45	-0.92	0.84	0.86	0.78	-0.85
Net Debt	-0.88	-0.87		-0.88	0.25	-0.89	-0.83	-0.77	-0.8	-0.26	0.12	-0.69	-0.69	0.81	-0.86	-0.81	-0.87	-0.74	0.6	0.85	-0.76	-0.81	-0.79	0.72
Total Liab	1.0	1.0	-0.88		0.02	0.99	0.93	0.89	0.92	0.52	0.0	0.85	0.75	-0.9	0.98	0.89	0.95	0.89	-0.47	-0.92	0.85	0.86	0.78	-0.85
Short Term Debt	0.02	0.04	0.25	0.02		0.02	0.11	0.17	0.09	0.1	-0.08	0.13	0.1	-0.16	-0.01	0.01	-0.09	0.11	0.08	-0.12	0.11	-0.03	-0.22	-0.14
Retained Earnings	0.99	0.99	-0.89	0.99	0.02		0.94	0.92	0.94	0.45	-0.06	0.82	0.75	-0.9	0.99	0.89	0.96	0.86	-0.51	-0.94	0.88	0.88	0.81	-0.88
Accounts Payable	0.93	0.92	-0.83	0.93	0.11	0.94		0.98	0.99	0.38	-0.27	0.74	0.89	-0.96	0.94	0.87	0.97	0.82	-0.65	-0.96	0.93	0.87	0.64	-0.91
Long Term Debt	0.89	0.9	-0.77	0.89	0.17	0.92	0.98		0.98	0.35	-0.26	0.71	0.85	-0.93	0.94	0.85	0.94	0.79	-0.65	-0.97	0.94	0.87	0.63	-0.96
Net Receivables	0.92	0.92	-0.8	0.92	0.09	0.94	0.99	0.98		0.39	-0.29	0.72	0.85	-0.94	0.95	0.87	0.98	0.81	-0.62	-0.95	0.94	0.89	0.67	-0.93
Short Term Investments	0.52	0.52	-0.26	0.52	0.1	0.45	0.38	0.35	0.39		0.46	0.66	0.37	-0.43	0.44	0.6	0.43	0.67	0.13	-0.36	0.25	0.41	0.23	-0.31
Total Current Assets	0.0	0.02	0.12	0.0	-0.08	-0.06	-0.27	-0.26	-0.29	0.46		0.29	-0.22	0.2	-0.05	0.05	-0.2	0.21	0.56	0.15	-0.39	-0.22	-0.07	0.23
Common Stock	0.86	0.86	-0.69	0.85	0.13	0.82	0.74	0.71	0.72	0.66	0.29		0.69	-0.8	0.81	0.8	0.76	0.9	-0.09	-0.73	0.55	0.6	0.48	-0.6
Property Plant Equipment	0.75	0.75	-0.69	0.75	0.1	0.75	0.89	0.85	0.85	0.37	-0.22	0.69		-0.92	0.75	0.76	0.82	0.75	-0.59	-0.83	0.71	0.64	0.27	-0.69
Treasury Stock	-0.9	-0.9	0.81	-0.9	-0.16	-0.9	-0.96	-0.93	-0.94	-0.43	0.2	-0.8	-0.92		-0.89	-0.89	-0.92	-0.88	0.51	0.92	-0.81	-0.8	-0.51	0.82
Intangible Assets	0.98	0.98	-0.86	0.98	-0.01	0.99	0.94	0.94	0.95	0.44	-0.05	0.81	0.75	-0.89		0.9	0.97	0.85	-0.51	-0.95	0.88	0.89	0.79	-0.92
Net Tangible Assets	0.89	0.89	-0.81	0.89	0.01	0.89	0.87	0.85	0.87	0.6	0.05	0.8	0.76	-0.89	0.9		0.88	0.96	-0.42	-0.88	0.75	0.91	0.62	-0.81
Long Term Debt Total	0.95	0.95	-0.87	0.95	-0.09	0.96	0.97	0.94	0.98	0.43	-0.2	0.76	0.82	-0.92	0.97	0.88		0.82	-0.59	-0.93	0.9	0.89	0.73	-0.89
Capital Surpluse	0.89	0.89	-0.74	0.89	0.11	0.86	0.82	0.79	0.81	0.67	0.21	0.9	0.75	-0.88	0.85	0.96	0.82		-0.23	-0.82	0.65	0.79	0.53	-0.7
Long Term Investments	-0.46	-0.45	0.6	-0.47	0.08	-0.51	-0.65	-0.65	-0.62	0.13	0.56	-0.09	-0.59	0.51	-0.51	-0.42	-0.59	-0.23		0.67	-0.76	-0.62	-0.46	0.68
Short Long Term Debt	-0.92	-0.92	0.85	-0.92	-0.12	-0.94	-0.96	-0.97	-0.95	-0.36	0.15	-0.73	-0.83	0.92	-0.95	-0.88	-0.93	-0.82	0.67		-0.9	-0.88	-0.68	0.95
Earning Assets	0.85	0.84	-0.76	0.85	0.11	0.88	0.93	0.94	0.94	0.25	-0.39	0.55	0.71	-0.81	0.88	0.75	0.9	0.65	-0.76	-0.9		0.89	0.75	-0.95
Net Invested Capital	0.86	0.86	-0.81	0.86	-0.03	0.88	0.87	0.87	0.89	0.41	-0.22	0.6	0.64	-0.8	0.89	0.91	0.89	0.79	-0.62	-0.88	0.89		0.79	-0.89
Current Deferred Revenue	0.78	0.78	-0.79	0.78	-0.22	0.81	0.64	0.63	0.67	0.23	-0.07	0.48	0.27	-0.51	0.79	0.62	0.73	0.53	-0.46	-0.68	0.75	0.79		-0.72
Capital Stock	-0.85	-0.85	0.72	-0.85	-0.14	-0.88	-0.91	-0.96	-0.93	-0.31	0.23	-0.6	-0.69	0.82	-0.92	-0.81	-0.89	-0.7	0.68	0.95	-0.95	-0.89	-0.72

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Axos Financial

In accordance with the company's disclosures, Axos Financial has a Z Score of 0.0. This is 100.0% lower than that of the Thrifts & Mortgage Finance sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

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 Financial Institutional Holders

Institutional Holdings refers to the ownership stake in Axos Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Axos Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Axos Financial's value.

		Shares
Jarislowsky Fraser Ltd	2023-12-31	825.7 K
Northern Trust Corp	2023-12-31	769.2 K
Morgan Stanley - Brokerage Accounts	2023-12-31	764 K
Geneva Capital Management	2023-12-31	728.1 K
Ameriprise Financial Inc	2023-12-31	619.9 K
Charles Schwab Investment Management Inc	2023-12-31	613.4 K
Bank Of New York Mellon Corp	2023-12-31	539.6 K
Shaker Investments, L.l.c.	2023-12-31	467.5 K
Rice Hall James & Associates, Llc	2023-12-31	457.7 K
Blackrock Inc	2023-12-31	8.3 M
Vanguard Group Inc	2023-12-31	5.9 M

Axos Fundamentals

	Return On Equity	0.21
	Return On Asset	0.0199
	Profit Margin	0.43 %
	Operating Margin	0.52 %
	Current Valuation	2.01 B
	Shares Outstanding	56.9 M
	Shares Owned By Insiders	9.49 %
	Shares Owned By Institutions	88.91 %
	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	2.94 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.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Axos Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Axos Financial's short interest history, or implied volatility extrapolated from Axos Financial options trading.

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

Byline Bancorp Normal Trading

Pair Corr

Moving against Axos Stock

0.6	TECTP	Tectonic Financial	Pair Corr
0.52	NU	Nu Holdings Financial Report 20th of May 2024	Pair Corr
0.51	KB	KB Financial Group Earnings Call Today	Pair Corr
0.46	DB	Deutsche Bank AG Earnings Call Today	Pair Corr
0.46	WF	Woori Financial Group Financial Report 21st of May 2024	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Axos Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axos Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axos Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axos Financial Stock:

How To Invest In Axos

Details

Is Axos Stock a good investment?

Details

What is Axos Financial's Net Worth?

Details

Largest Thrifts & Mortgage Finance Companies

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Largest Banks - Regional Companies

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Check out Axos Financial Piotroski F Score and Axos Financial Valuation 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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.

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Axos Financial Stock Z Score

Axos Financial Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Axos Z Score Driver Correlations

Axos Financial Current Valuation Drivers

Axos Financial Institutional Holders

Axos Fundamentals

About Axos Financial Fundamental Analysis

Pair Trading with Axos Financial

Moving together with Axos Stock

Moving against Axos Stock

Complementary Tools for Axos Stock analysis

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