Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Axos Financial's share price for the quarter that ended in Dec. 2023 was $54.6. Axos Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 57 Mil. Therefore, Axos Financial's market cap for the quarter that ended in Dec. 2023 was $3,107 Mil.
Axos Financial's quarterly market cap
declined
from Jun. 2023 ($2,325 Mil) to Sep. 2023 ($2,215 Mil) but then
increased
from Sep. 2023 ($2,215 Mil) to Dec. 2023 ($3,107 Mil).
Axos Financial's annual market cap
declined
from Jun. 2021 ($2,752 Mil) to Jun. 2022 ($2,143 Mil) but then
increased
from Jun. 2022 ($2,143 Mil) to Jun. 2023 ($2,325 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Axos Financial's Enterprise Value for Today is $1,881 Mil.
Axos Financial Market Cap Historical Data
The historical data trend for Axos Financial's Market Cap 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.
Competitive Comparison of Axos Financial's Market Cap
For the Banks - Regional subindustry, Axos Financial's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Axos Financial's Market Cap distribution charts can be found below:
* The bar in red indicates where Axos Financial's Market Cap falls into.
Axos Financial Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Axos Financial's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as
* 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 (NYSE:AX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Axos Financial Market Cap Related Terms
Thank you for viewing the detailed overview of Axos Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Axos Financial (Axos Financial) Business Description
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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