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Axos Financial: When Quality Deserves A Premium
AXAxos Financial(AX) Seeking Alpha·2024-08-14 10:25

Guido Mieth Investment Thesis Axos Financial (NYSE:AX) stood out as a major outperformer compared to the industry with double-digit earnings and book value growth for the fiscal fourth quarter of 2024. I am surprised by the balance of strong profitability with a balanced risk profile that Axos has, leading me to believe the shares deserve some premium valuation to the sector median. Given that the stock trades at a discount at 8.7x forward earnings, I believe there is more room for upside and rate shares as ...