VOXX International Corporation, together with its subsidiaries, designs, manufactures, and distributes automotive, audio, and consumer accessories worldwide.
+ 1 more risk
Excellent balance sheet and overvalued.
Share Price & News
How has VOXX International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VOXX's share price has been volatile over the past 3 months.
7 Day Return
US Consumer Durables
1 Year Return
US Consumer Durables
Return vs Industry: VOXX matched the US Consumer Durables industry which returned -31.2% over the past year.
Return vs Market: VOXX underperformed the US Market which returned -14.9% over the past year.
Price Volatility Vs. Market
How volatile is VOXX International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StDo Directors Own VOXX International Corporation (NASDAQ:VOXX) Shares?
3 months ago | Simply Wall StThe VOXX International (NASDAQ:VOXX) Share Price Is Down 44% So Some Shareholders Are Getting Worried
4 months ago | Simply Wall StShould You Worry About VOXX International Corporation's (NASDAQ:VOXX) CEO Pay Cheque?
Is VOXX International undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate VOXX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VOXX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VOXX is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.
PE vs Market: VOXX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VOXX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VOXX is good value based on its PB Ratio (0.2x) compared to the US Consumer Durables industry average (0.7x).
How is VOXX International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as VOXX International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine VOXX International's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Consumer Durables industry.
How has VOXX International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VOXX is currently unprofitable.
Growing Profit Margin: VOXX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VOXX is unprofitable, and losses have increased over the past 5 years at a rate of -35% per year.
Accelerating Growth: Unable to compare VOXX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VOXX is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (10%).
Return on Equity
High ROE: VOXX has a negative Return on Equity (-12.14%), as it is currently unprofitable.
How is VOXX International's financial position?
Financial Position Analysis
Short Term Liabilities: VOXX's short term assets ($248.0M) exceed its short term liabilities ($91.5M).
Long Term Liabilities: VOXX's short term assets ($248.0M) exceed its long term liabilities ($22.1M).
Debt to Equity History and Analysis
Debt Level: VOXX's debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: VOXX's debt to equity ratio has reduced from 22.8% to 2% over the past 5 years.
Inventory Level: VOXX has a high level of physical assets or inventory.
Debt Coverage by Assets: VOXX's debt is covered by short term assets (assets are 32.9x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VOXX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VOXX has less than a year of cash runway if free cash flow continues to reduce at historical rates of -40.5% each year
What is VOXX International's 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 payouts.
High Dividend: Unable to evaluate VOXX's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pat Lavelle (67yo)
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 ($USD1.44M) is above average for companies of similar size in the US market ($USD609.32K).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
|Senior VP||33.25yrs||US$526.38k||0.057% $46.9k|
|Senior VP & COO||4.25yrs||US$635.69k||0.061% $50.3k|
|President & CEO of Klipsch Group Inc||8.75yrs||US$942.30k||0.098% $80.6k|
|President & CEO of VOXX Automotive Corp.||2.08yrs||US$575.98k||no data|
|President of VOXX Advanced Solutions Corp||4.17yrs||US$492.91k||no data|
|Chief Executive Officer of Voxx Accessories Corporation||4.17yrs||US$202.96k||no data|
|CEO & MD of VOXX International German Holdings||no data||no data||no data|
|President of VOXX Accessories Corporation||4.17yrs||no data||no data|
|Corporate Secretary||1.67yrs||no data||no data|
Experienced Management: VOXX's management team is considered experienced (4.2 years average tenure).
|Senior VP||33.25yrs||US$526.38k||0.057% $46.9k|
|Independent Director||3.42yrs||US$72.46k||0.046% $37.7k|
|Chairman of the Board||14.92yrs||US$697.73k||17.32% $14.2m|
|Independent Director||4.75yrs||US$64.81k||0.13% $110.1k|
|Independent Director||16.33yrs||US$73.63k||0.063% $51.4k|
Experienced Board: VOXX's board of directors are seasoned and experienced ( 14.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
VOXX International Corporation's company bio, employee growth, exchange listings and data sources
- Name: VOXX International Corporation
- Ticker: VOXX
- Exchange: NasdaqGS
- Founded: 1960
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Market Cap: US$82.211m
- Shares outstanding: 23.97m
- Website: https://www.voxxintl.com
Number of Employees
- VOXX International Corporation
- 2351 J. Lawson Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VOXX||NasdaqGS (Nasdaq Global Select)||Yes||Class A Common Stock||US||USD||May 1987|
|VOX||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||May 1987|
VOXX International Corporation, together with its subsidiaries, designs, manufactures, and distributes automotive, audio, and consumer accessories worldwide. Its Automotive segment offers rear-seat entertainment devices, satellite radio products, automotive security and remote start systems, mobile multimedia devices, aftermarket/OE-styled radios, car link-smartphone telematics applications, collision avoidance systems, and location-based services. The company’s Premium Audio segment provides home theater systems, high-end loudspeakers, outdoor speakers, business music systems, cinema speakers, flat panel speakers, Bluetooth speakers, soundbars, headphones, and digital living network alliance compatible devices. Its Consumer Accessories segment offers remote controls; wireless and Bluetooth speakers; karaoke products; action cameras; iris identification and biometric security related products; personal sound amplifiers; infant/nursery products; healthcare wearables; activity tracking bands; smart-home security and safety products; infant and nursery products; and A/V connectivity, portable/home charging, reception, and digital consumer products. The company sells its products to mass merchants, regional chain stores, e-commerce platforms, department stores, lifestyle retailers, specialty and Internet retailers, power retailers, independent 12-volt retailers, distributors, new car dealers, automotive and vehicle manufacturers, system integrators, communication network providers, smart grid manufacturers, banks, the United States military, cinema operators, sporting goods equipment retailers, cell phone carriers, the public safety sector, private security providers, and original equipment manufacturers primarily under the Audiovox brand. The company was formerly known as Audiovox Corporation and changed its name to VOXX International Corporation in December 2011. VOXX International Corporation was founded in 1960 and is headquartered in Orlando, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 01:06|
|End of Day Share Price||2020/04/03 00:00|
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.