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AXIS

Axis Auto Finance TSX:AXIS Stock Report

Last Price

CA$0.49

Market Cap

CA$63.4m

7D

-6.6%

1Y

5.3%

Updated

04 Jul, 2022

Data

Company Financials +
AXIS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth6/6
Past Performance2/6
Financial Health2/6
Dividends0/6

AXIS Stock Overview

Axis Auto Finance Inc. provides automobile purchase financing alternatives.

Axis Auto Finance Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Axis Auto Finance
Historical stock prices
Current Share PriceCA$0.49
52 Week HighCA$0.73
52 Week LowCA$0.44
Beta0.44
1 Month Change-27.21%
3 Month Change-23.85%
1 Year Change5.32%
3 Year Change15.12%
5 Year Change-29.29%
Change since IPO-34.00%

Recent News & Updates

Apr 14
What You Can Learn From Axis Auto Finance Inc.'s (TSE:AXIS) P/E

What You Can Learn From Axis Auto Finance Inc.'s (TSE:AXIS) P/E

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 12x, you may consider Axis...

Shareholder Returns

AXISCA Consumer FinanceCA Market
7D-6.6%-2.3%-1.2%
1Y5.3%-53.9%-4.5%

Return vs Industry: AXIS exceeded the Canadian Consumer Finance industry which returned -53.8% over the past year.

Return vs Market: AXIS exceeded the Canadian Market which returned -5% over the past year.

Price Volatility

Is AXIS's price volatile compared to industry and market?
AXIS volatility
AXIS Average Weekly Movement6.3%
Consumer Finance Industry Average Movement6.9%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market4.4%

Stable Share Price: AXIS is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: AXIS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aTodd Hudsonhttps://www.axisautofinance.com

Axis Auto Finance Inc. provides automobile purchase financing alternatives. It is involved in the business of providing vehicle purchase loans to customers who do not qualify for traditional bank financing, as well as lease financing to commercial businesses purchasing industrial equipment and heavy machinery. The company offers its services through independent and franchise dealers.

Axis Auto Finance Fundamentals Summary

How do Axis Auto Finance's earnings and revenue compare to its market cap?
AXIS fundamental statistics
Market CapCA$63.44m
Earnings (TTM)CA$1.70m
Revenue (TTM)CA$20.49m

37.3x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AXIS income statement (TTM)
RevenueCA$20.49m
Cost of RevenueCA$310.87k
Gross ProfitCA$20.18m
Other ExpensesCA$18.48m
EarningsCA$1.70m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.013
Gross Margin98.48%
Net Profit Margin8.30%
Debt/Equity Ratio225.7%

How did AXIS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is AXIS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AXIS?

Other financial metrics that can be useful for relative valuation.

AXIS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

How does AXIS's PE Ratio compare to its peers?

AXIS PE Ratio vs Peers
The above table shows the PE ratio for AXIS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average16.9x
CXI Currency Exchange International
18.4x34.5%CA$102.6m
PRL Propel Holdings
36.3x108.7%CA$223.1m
GSY goeasy
9.8x24.0%CA$1.6b
LHI Lendified Holdings
3xn/aCA$2.2m
AXIS Axis Auto Finance
37.3x51.6%CA$63.4m

Price-To-Earnings vs Peers: AXIS is expensive based on its Price-To-Earnings Ratio (37.3x) compared to the peer average (16.9x).


Price to Earnings Ratio vs Industry

How does AXIS's PE Ratio compare vs other companies in the North American Consumer Finance Industry?

Price-To-Earnings vs Industry: AXIS is expensive based on its Price-To-Earnings Ratio (37.3x) compared to the North American Consumer Finance industry average (6.9x)


Price to Earnings Ratio vs Fair Ratio

What is AXIS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AXIS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.3x
Fair PE Ratio23.4x

Price-To-Earnings vs Fair Ratio: AXIS is expensive based on its Price-To-Earnings Ratio (37.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.4x).


Share Price vs Fair Value

What is the Fair Price of AXIS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AXIS (CA$0.5) is trading above our estimate of fair value (CA$0.02)

Significantly Below Fair Value: AXIS is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: AXIS is good value based on its PEG Ratio (0.7x)


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Future Growth

How is Axis Auto Finance forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


51.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AXIS's forecast earnings growth (51.6% per year) is above the savings rate (1.6%).

Earnings vs Market: AXIS's earnings (51.6% per year) are forecast to grow faster than the Canadian market (7.1% per year).

High Growth Earnings: AXIS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AXIS's revenue (37.3% per year) is forecast to grow faster than the Canadian market (6.5% per year).

High Growth Revenue: AXIS's revenue (37.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AXIS's Return on Equity is forecast to be high in 3 years time (22.4%)


Discover growth companies

Past Performance

How has Axis Auto Finance performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


38.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AXIS has high quality earnings.

Growing Profit Margin: AXIS's current net profit margins (8.3%) are lower than last year (15.2%).


Past Earnings Growth Analysis

Earnings Trend: AXIS has become profitable over the past 5 years, growing earnings by 38.5% per year.

Accelerating Growth: AXIS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AXIS had negative earnings growth (-39.4%) over the past year, making it difficult to compare to the Consumer Finance industry average (11%).


Return on Equity

High ROE: AXIS's Return on Equity (3.3%) is considered low.


Discover strong past performing companies

Financial Health

How is Axis Auto Finance's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AXIS's short term assets (CA$147.1M) exceed its short term liabilities (CA$8.9M).

Long Term Liabilities: AXIS's short term assets (CA$147.1M) exceed its long term liabilities (CA$115.3M).


Debt to Equity History and Analysis

Debt Level: AXIS's net debt to equity ratio (220.7%) is considered high.

Reducing Debt: AXIS's debt to equity ratio has increased from 130.1% to 225.7% over the past 5 years.

Debt Coverage: AXIS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if AXIS's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Axis Auto Finance current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AXIS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AXIS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AXIS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AXIS's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AXIS has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Todd Hudson (53 yo)

4.33yrs

Tenure

CA$471,429

Compensation

Mr. Todd Charles Hudson has been the Chief Executive Officer of Axis Auto Finance Inc. since March 15, 2018 and serves as its Director since May 17, 2018. Mr. Hudson served as Chief Operating Officer of Ca...


CEO Compensation Analysis

Compensation vs Market: Todd's total compensation ($USD365.84K) is above average for companies of similar size in the Canadian market ($USD191.19K).

Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AXIS's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: AXIS's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AXIS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 31.8%.


Top Shareholders

Company Information

Axis Auto Finance Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Axis Auto Finance Inc.
  • Ticker: AXIS
  • Exchange: TSX
  • Founded: NaN
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Implied Market Cap: CA$63.436m
  • Shares outstanding: 128.15m
  • Website: https://www.axisautofinance.com

Location

  • Axis Auto Finance Inc.
  • 165 Galaxy Boulevard
  • 2nd Floor
  • Etobicoke
  • Ontario
  • M9W 0C8
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/04 00:00
End of Day Share Price2022/07/04 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.