AXON Axon Enterprise
too hard · 52
Owner-earnings value$25.89
Price$392.64
Margin of safety
-93.4%
Quality gate · 52/100
⚠ sub-hurdle returns (median roic 7% < 9%)
Median ROIC7.2%
Gross margin59.4%
Net debt / EBITDA1.7x
FCF conversion87%
Share count / yr+3.9%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 133.19M |
| Owner-earnings yield | 0.4% |
| Free-cash-flow yield | 0.4% |
| Growth used (normalized) | 10.0% |
| Market-implied growth (reverse DCF) | 25.0% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 11.6% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 146.51M | 10.0% | 131.29M |
| 2 | 160.02M | 9.2% | 128.50M |
| 3 | 173.54M | 8.4% | 124.88M |
| 4 | 186.84M | 7.7% | 120.48M |
| 5 | 199.71M | 6.9% | 115.41M |
| 6 | 211.92M | 6.1% | 109.74M |
| 7 | 223.22M | 5.3% | 103.58M |
| 8 | 233.39M | 4.6% | 97.05M |
| 9 | 242.20M | 3.8% | 90.25M |
| 10 | 249.47M | 3.0% | 83.30M |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~25%/yr owner-earnings growth over 10y (reverse DCF); model credits 10%.