VOXX

VOXX InternationalNasdaqGS:VOXX Stock Report

Market Cap

US$299.6m

7D

12.8%

1Y

45.4%

Updated

18 Sep, 2021

Data

Company Financials +
VOXX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends0/6

VOXX Overview

VOXX International Corporation, together with its subsidiaries, designs, manufactures, and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally.

VOXX International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VOXX International
Historical stock prices
Current Share PriceUS$12.49
52 Week HighUS$7.33
52 Week LowUS$27.78
Beta1.38
1 Month Change28.63%
3 Month Change-5.52%
1 Year Change45.40%
3 Year Change135.66%
5 Year Change304.21%
Change since IPO399.60%

Recent News & Updates

Sep 14

VOXX International: Time To Start Buying

Shares broke out of their bearish trend last Friday due to news on a successful acquisition. Sales set to continue increasing with $620 million & $677 million the top-line numbers for this year and next year respectively. We may look to add to our position here shortly.

Aug 20
What Is VOXX International Corporation's (NASDAQ:VOXX) Share Price Doing?

What Is VOXX International Corporation's (NASDAQ:VOXX) Share Price Doing?

While VOXX International Corporation ( NASDAQ:VOXX ) might not be the most widely known stock at the moment, it...

Jul 22

VOXX International: A Needed Correction Went Too Far

Like a number of small-caps, VOXX stock got ahead of its skis in February. A nearly 60% decline since then reinstates the relatively simple bull case based on the value of the Klipsch audio business. As always, management is a question mark, and fiscal Q1 earnings were not well-received. But we're back where we've been before: the margin of safety embedded in Klipsch and a joint venture asset outweigh the broader concerns.

Shareholder Returns

VOXXUS Consumer DurablesUS Market
7D12.8%-0.8%-0.6%
1Y45.4%36.8%33.8%

Return vs Industry: VOXX exceeded the US Consumer Durables industry which returned 36.8% over the past year.

Return vs Market: VOXX exceeded the US Market which returned 33.8% over the past year.

Price Volatility

Is VOXX's price volatile compared to industry and market?
VOXX volatility
VOXX Beta1.38
Industry Beta1.45
Market Beta1

Stable Share Price: VOXX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: VOXX's weekly volatility has decreased from 15% to 9% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960917Pat Lavellehttps://www.voxxintl.com

VOXX International Corporation, together with its subsidiaries, designs, manufactures, and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. Its Automotive Electronics segment offers mobile multi-media infotainment products; satellite radios; smart phone telematics applications; automotive security, vehicle access, and remote start systems; automotive power accessories; rear observation and collision avoidance systems; driver distraction products; power lift gates; mobile interface modules; turn signal switches; automotive lighting products; automotive sensing and camera systems; USB ports; cruise control systems; and heated seats. The company’s Consumer Electronics segment provides speakers; home theater, business music, and streaming music systems; on-ear and in-ear headphones; wired and wireless headphones and ear buds; Bluetooth headphones and ear buds; soundbars; digital living network alliance compatible devices; high-definition television and wireless fidelity antennas; high-definition multimedia interface accessories; karaoke and infant/nursery products; home electronic accessories; other connectivity products; performance enhancing electronics; TV universal remotes; flat panel TV mounting systems; power supply systems and charging products; electronic equipment cleaning products; personal sound amplifiers; set-top boxes; and home and portable stereos.

VOXX International Fundamentals Summary

How do VOXX International's earnings and revenue compare to its market cap?
VOXX fundamental statistics
Market CapUS$299.62m
Earnings (TTM)US$37.76m
Revenue (TTM)US$628.68m

7.9x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VOXX income statement (TTM)
RevenueUS$628.68m
Cost of RevenueUS$453.41m
Gross ProfitUS$175.27m
ExpensesUS$137.51m
EarningsUS$37.76m

Last Reported Earnings

May 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.56
Gross Margin27.88%
Net Profit Margin6.01%
Debt/Equity Ratio1.6%

How did VOXX perform over the long term?

See historical performance and comparison

Valuation

Is VOXX International undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VOXX ($12.49) is trading below our estimate of fair value ($33.27)

Significantly Below Fair Value: VOXX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VOXX is good value based on its PE Ratio (7.9x) compared to the US Consumer Durables industry average (11x).

PE vs Market: VOXX is good value based on its PE Ratio (7.9x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: VOXX is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: VOXX is good value based on its PB Ratio (0.7x) compared to the US Consumer Durables industry average (2x).


Future Growth

How is VOXX International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

5.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VOXX's forecast earnings growth (5.4% per year) is above the savings rate (2%).

Earnings vs Market: VOXX's earnings (5.4% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: VOXX's earnings are forecast to grow, but not significantly.

Revenue vs Market: VOXX's revenue (4.8% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: VOXX's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if VOXX's Return on Equity is forecast to be high in 3 years time


Past Performance

How has VOXX International performed over the past 5 years?

-2.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VOXX has high quality earnings.

Growing Profit Margin: VOXX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: VOXX has become profitable over the past 5 years, growing earnings by -2.3% per year.

Accelerating Growth: VOXX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: VOXX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Durables industry (71.4%).


Return on Equity

High ROE: VOXX's Return on Equity (9.1%) is considered low.


Financial Health

How is VOXX International's financial position?


Financial Position Analysis

Short Term Liabilities: VOXX's short term assets ($297.6M) exceed its short term liabilities ($121.6M).

Long Term Liabilities: VOXX's short term assets ($297.6M) exceed its long term liabilities ($26.5M).


Debt to Equity History and Analysis

Debt Level: VOXX's debt to equity ratio (1.6%) is considered satisfactory.

Reducing Debt: VOXX's debt to equity ratio has reduced from 26.3% to 1.6% over the past 5 years.

Debt Coverage: VOXX's debt is well covered by operating cash flow (117.7%).

Interest Coverage: VOXX's interest payments on its debt are well covered by EBIT (11.6x coverage).


Balance Sheet


Dividend

What is VOXX International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate VOXX'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 VOXX's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VOXX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

6.2yrs

Average management tenure


CEO

Pat Lavelle (69 yo)

16.33yrs

Tenure

US$2,223,291

Compensation

Mr. Patrick M. Lavelle, also known as Pat, has been the Chief Executive and President of VOXX International Corporation (Former Name: Audiovox Corporation), holding company of Klipsch Group Inc. since May...


CEO Compensation Analysis

Compensation vs Market: Pat's total compensation ($USD2.22M) is above average for companies of similar size in the US market ($USD1.10M).

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


Leadership Team

Experienced Management: VOXX's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: VOXX's board of directors are seasoned and experienced ( 13.3 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

VOXX International Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: VOXX International Corporation
  • Ticker: VOXX
  • Exchange: NasdaqGS
  • Founded: 1960
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: US$299.617m
  • Shares outstanding: 23.99m
  • Website: https://www.voxxintl.com

Number of Employees


Location

  • VOXX International Corporation
  • 2351 J. Lawson Boulevard
  • Orlando
  • Florida
  • 32824
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:06
End of Day Share Price2021/09/17 00:00
Earnings2021/05/31
Annual Earnings2021/02/28


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.