Axon Enterprise (Axon Enterprise) GF Value Rank : 3 (As of Apr. 29, 2024)

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What is Axon Enterprise GF Value Rank?

Axon Enterprise has the GF Value Rank of 3.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Axon Enterprise's GF Value Rank

For the Aerospace & Defense subindustry, Axon Enterprise's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Axon Enterprise's GF Value Rank Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Axon Enterprise's GF Value Rank falls into.

Axon Enterprise GF Value Rank Related Terms

Thank you for viewing the detailed overview of Axon Enterprise's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Axon Enterprise (Axon Enterprise) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Axon Enterprise Inc (NAS:AXON) » Definitions » GF Value Rank

Comparable Companies

HEI.A HWM TXT HII CW WWD BWXT LHX DRS MOG.A GE RTX XPAR:AIR LMT BA XPAR:SAF GD NOC TDG LSE:BA.

Traded in Other Exchanges

TCS:Germany

Address

17800 North 85th Street, Scottsdale, AZ, USA, 85255

Website

https://investor.axon.com

Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and gets most of its revenue from the United States.

Executives

Joshua Isner	officer: EVP Global Sales	17800 N 85TH ST, SCOTTSDALE AZ 85255
Jeffrey C Kunins	officer: Chief Product Officer	17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Brittany Bagley	officer: CFO & CBO	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Julie A Cullivan	director	17800 N 85TH ST, SCOTTSDALE AZ 85255
Hadi Partovi	director	9655 LAKE WASHINGTON BLVD NE, BELLEVUE WA 98004
Erika Nardini	director	1241 E MAIN ST, STAMFORD CT 06902-3520
Patrick W Smith	director, officer: Chief Executive Officer	7860 EAST MCCLAIN DRIVE, SUITE 2, SCOTTSDALE AZ 85260-1627
Jeri Williams	director	17800 N 85TH ST, SCOTTSDALE AZ 85255
Graham Smith	director	301 BRANNMAN ST, SAN FRANCISCO CA 94107
Mark W Kroll	director	PO BOX 23, CRYSTAL BAY MN 55323
Caitlin Elizabeth Kalinowski	director	17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Michael Garnreiter	director	6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Luke Larson	officer: Chief Marketing Officer	17800 N 85TH ST, SCOTTSDALE AZ 85255
Matthew R Mcbrady	director
James Zito	officer: Chief Financial Officer	17800 N 85TH ST, SCOTTSDALE AZ 85255