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Axos Financial (FRA:BB4) Cyclically Adjusted Price-to-FCF : 13.81 (As of Jun. 08, 2024)


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What is Axos Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Axos Financial's current share price is €48.20. Axos Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.49. Axos Financial's Cyclically Adjusted Price-to-FCF for today is 13.81.

The historical rank and industry rank for Axos Financial's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:BB4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.17   Med: 25.98   Max: 2133
Current: 13.62

During the past years, Axos Financial's highest Cyclically Adjusted Price-to-FCF was 2133.00. The lowest was 9.17. And the median was 25.98.

FRA:BB4's Cyclically Adjusted Price-to-FCF is ranked worse than
81.66% of 829 companies
in the Banks industry
Industry Median: 7.33 vs FRA:BB4: 13.62

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Axos Financial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.683. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €3.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axos Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Axos Financial's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Axos Financial Cyclically Adjusted Price-to-FCF Chart

Axos Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.24 12.80 18.53 11.34 11.26

Axos Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.75 11.26 11.00 14.91 14.11

Competitive Comparison of Axos Financial's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Axos Financial's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Axos Financial's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Axos Financial's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Axos Financial's Cyclically Adjusted Price-to-FCF falls into.



Axos Financial Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Axos Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=48.20/3.49
=13.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Axos Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Axos Financial's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.683/131.7762*131.7762
=1.683

Current CPI (Mar. 2024) = 131.7762.

Axos Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.668 100.560 -0.875
201409 0.752 100.428 0.987
201412 0.033 99.070 0.044
201503 0.464 99.621 0.614
201506 0.279 100.684 0.365
201509 0.569 100.392 0.747
201512 0.354 99.792 0.467
201603 0.415 100.470 0.544
201606 0.879 101.688 1.139
201609 0.894 101.861 1.157
201612 0.245 101.863 0.317
201703 1.202 102.862 1.540
201706 0.358 103.349 0.456
201709 0.654 104.136 0.828
201712 0.147 104.011 0.186
201803 0.622 105.290 0.778
201806 0.616 106.317 0.764
201809 0.546 106.507 0.676
201812 0.901 105.998 1.120
201903 0.076 107.251 0.093
201906 1.077 108.070 1.313
201909 0.268 108.329 0.326
201912 1.516 108.420 1.843
202003 1.315 108.902 1.591
202006 0.880 108.767 1.066
202009 0.914 109.815 1.097
202012 2.931 109.897 3.515
202103 0.349 111.754 0.412
202106 1.345 114.631 1.546
202109 -1.866 115.734 -2.125
202112 0.756 117.630 0.847
202203 2.081 121.301 2.261
202206 2.046 125.017 2.157
202209 1.050 125.227 1.105
202212 1.563 125.222 1.645
202303 -0.979 127.348 -1.013
202306 0.888 128.729 0.909
202309 0.429 129.860 0.435
202312 1.625 129.419 1.655
202403 1.683 131.776 1.683

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Axos Financial  (FRA:BB4) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Axos Financial Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Axos Financial's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Axos Financial (FRA:BB4) Business Description

Industry
Traded in Other Exchanges
Address
9205 West Russell Road, Suite 400, Las Vegas, NV, USA, 89148
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking and securities business. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.

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