Axon Enterprise Intrinsic Value – AXON ENTERPRISE Reports 32.7% Increase in Total Revenue for Third Quarter of Fiscal Year 2023
November 26, 2023
☀️Earnings Overview
On November 7 2023, AXON ENTERPRISE ($NASDAQ:AXON) reported third quarter fiscal year 2023 total revenue of USD 413.6 million – a 32.7% increase from the same period last year – and net income of USD 59.4 million, compared to 12.1 million in the prior year.
Analysis – Axon Enterprise Intrinsic Value
GoodWhale has conducted a fundamental analysis of AXON ENTERPRISE, and based on its findings, the fair value of AXON ENTERPRISE shares is estimated to be around $214.2. This calculation was made using GoodWhale’s proprietary Valuation Line. At the time of writing, AXON ENTERPRISE stock is being traded at $216.4, which is considered to be a fair price. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Axon Enterprise. More…
| Total Revenues | Net Income | Net Margin |
| 1.47k | 146.13 | 10.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Axon Enterprise. More…
| Operations | Investing | Financing |
| 180.34 | -569.66 | 645.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Axon Enterprise. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.25k | 1.73k | 20.3 |
Key Ratios Snapshot
Some of the financial key ratios for Axon Enterprise are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 32.8% | -11.1% | 9.2% |
| FCF Margin | ROE | ROA |
| 9.0% | 5.7% | 2.6% |
Peers
Its competitors include Shi Corp, Ultra Electronics Holdings PLC, and Shenzhen TVT Digital Technology Co Ltd.
– Shi Corp ($OTCPK:SHCC)
Shi Corp is a publicly traded company with a market capitalization of 1.39k as of 2022. The company has a Return on Equity of -0.64%. Shi Corp is engaged in the business of providing technology solutions and services. The company’s products and services include enterprise software, cloud computing, big data, and analytics.
– Ultra Electronics Holdings PLC ($SZSE:002835)
Shenzhen TVT Digital Technology Co Ltd has a market cap of 2.64B as of 2022, a Return on Equity of 8.41%. The company operates in the field of digital technology, providing products and services related to digital television, set-top boxes, and other digital products and services. It is headquartered in Shenzhen, China.
Summary
AXON ENTERPRISE has seen strong growth in its third quarter of fiscal year 2023, with total revenue increasing 32.7% to 413.6 million USD, and net income increasing to 59.4 million USD compared to the same period in the prior year. This indicates continued positive momentum for the company, potentially providing investors with a good opportunity for return on their investments. Going forward, investors should watch for further financial updates to assess the company’s performance and guide their investments accordingly.
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