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AX (Axos Financial) Cyclically Adjusted FCF per Share : $4.40 (As of Mar. 2025)


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What is Axos Financial Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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 for the three months ended in Mar. 2025 was $1.120. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $4.40 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Axos Financial's average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 26.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Axos Financial was 106.50% per year. The lowest was 17.50% per year. And the median was 39.30% per year.

As of today (2025-07-02), Axos Financial's current stock price is $83.18. Axos Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $4.40. Axos Financial's Cyclically Adjusted Price-to-FCF of today is 18.90.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Axos Financial was 328.50. The lowest was 9.17. And the median was 21.01.


Axos Financial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Axos Financial's Cyclically Adjusted FCF per Share 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 FCF per Share Chart

Axos Financial Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 2.50 3.17 3.53 4.06

Axos Financial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share 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 3.87 4.06 4.03 4.30 4.40

Competitive Comparison of Axos Financial's Cyclically Adjusted FCF per Share

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.


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Axos Financial Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Axos Financial's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.12/134.9266*134.9266
=1.120

Current CPI (Mar. 2025) = 134.9266.

Axos Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.313 100.684 0.419
201509 0.639 100.392 0.859
201512 0.386 99.792 0.522
201603 0.463 100.470 0.622
201606 0.988 101.688 1.311
201609 1.003 101.861 1.329
201612 0.259 101.863 0.343
201703 1.286 102.862 1.687
201706 0.402 103.349 0.525
201709 0.780 104.136 1.011
201712 0.174 104.011 0.226
201803 0.767 105.290 0.983
201806 0.719 106.317 0.912
201809 0.637 106.507 0.807
201812 1.025 105.998 1.305
201903 0.085 107.251 0.107
201906 1.218 108.070 1.521
201909 0.295 108.329 0.367
201912 1.685 108.420 2.097
202003 1.453 108.902 1.800
202006 0.991 108.767 1.229
202009 1.077 109.815 1.323
202012 3.565 109.897 4.377
202103 0.416 111.754 0.502
202106 1.621 114.631 1.908
202109 -2.195 115.734 -2.559
202112 0.854 117.630 0.980
202203 2.292 121.301 2.549
202206 2.267 125.017 2.447
202209 1.040 125.227 1.121
202212 1.656 125.222 1.784
202303 -1.048 127.348 -1.110
202306 1.107 128.729 1.160
202309 0.463 129.860 0.481
202312 1.864 129.419 1.943
202403 1.849 131.776 1.893
202406 0.451 132.554 0.459
202409 0.911 133.029 0.924
202412 2.686 133.157 2.722
202503 1.120 134.927 1.120

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


Axos Financial  (NYSE:AX) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=83.18/4.40
=18.90

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Axos Financial was 328.50. The lowest was 9.17. And the median was 21.01.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Axos Financial Cyclically Adjusted FCF per Share Related Terms

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


Axos Financial 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 business segment and securities business segment . 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.
Executives
Thomas M Constantine other: EVP and Chief Credit Officer 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
Paul Grinberg director C/O ENCORE CAPITAL GROUP INC, 8875 AERO DRIVE, SUITE 200, SAN DIEGO CA 92123
David X Park other: EVP, Comm Banking & Treasury 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
Mosich Nick director 12777 HIGH BLUFF DRIVE, SUITE #100, SAN DIEGO CA 92130
Edward James Ratinoff director 12777 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Gregory Garrabrants director, officer: President & CEO 9205 WEST RUSSELL ROAD, SUITE #400, LAS VEGAS NV 89148
James John Court director 12777 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Andrew J Micheletti officer: VP & Chief Financial Officer C/O AXOS FINANCIAL, 4350 LA JOLLA VILLAGE DRIVE STE 140, SAN DIEGO CA 92122
Tamara N Bohlig director 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
David M Crow other: EVP, Head of Axos Clearing 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
Ron Pitters other: SVP, Head of Axos Securities 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
Stefani D Carter director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Uzair Dada director 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122
Roque A Santi director C/O ECC CAPITAL CORPORATION, 1833 ALTON PARKWAY, IRVINE CA 92606
Brian D Swanson other: EVP, Chief Lending Officer 4350 LA JOLLA VILLAGE DRIVE, SUITE 140, SAN DIEGO CA 92122