VOXX Stock 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
|Historical stock prices|
|Current Share Price||US$8.38|
|52 Week High||US$16.75|
|52 Week Low||US$5.85|
|1 Month Change||8.41%|
|3 Month Change||-23.33%|
|1 Year Change||-44.28%|
|3 Year Change||134.73%|
|5 Year Change||28.92%|
|Change since IPO||235.20%|
Recent News & Updates
VOXX International: Former Supplier Awarded $40 Million In Previously Undisclosed Arbitration Proceedings
Outlining expectations for the company's upcoming fourth-quarter results. Former supplier awarded approximately $40 million in previously undisclosed arbitration proceedings. Partial final award was issued in early March with damages being affirmed by the arbitrator. Former Supplier might be awarded additional damages for patent infringement. While management's negligent handling of the case is disappointing, liquidity should be more than sufficient to absorb the arbitration award. Despite shares trading near 52-week lows, I am hesitant to keep my "buy" rating as the company has not yet disclosed the final arbitration award to shareholders and the potential for the former supplier also prevailing in its patent infringement claims.
Does VOXX International (NASDAQ:VOXX) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|VOXX||US Consumer Durables||US Market|
Return vs Industry: VOXX underperformed the US Consumer Durables industry which returned -25.9% over the past year.
Return vs Market: VOXX underperformed the US Market which returned -10.2% over the past year.
|VOXX Average Weekly Movement||7.6%|
|Consumer Durables Industry Average Movement||7.9%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||17.0%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: VOXX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: VOXX's weekly volatility (8%) has been stable over the past year.
About the Company
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, including overhead, seat-back, and headrest systems; automotive security, vehicle access, and remote start systems; satellite radios comprising plug and play, and direct connect models; smart phone telematics applications; 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, such as cabling and power cords; 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
|VOXX fundamental statistics|
Is VOXX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VOXX income statement (TTM)|
|Cost of Revenue||US$466.44m|
Last Reported Earnings
Feb 28, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.93|
|Net Profit Margin||-3.51%|
How did VOXX perform over the long term?See historical performance and comparison
Is VOXX International undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VOXX ($8.38) is trading below our estimate of fair value ($41.78)
Significantly Below Fair Value: VOXX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VOXX is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US Consumer Durables industry average.
PE vs Market: VOXX is unprofitable, so we can't compare its Price-To-Earnings 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 Price-To-Book Ratio (0.5x) compared to the US Consumer Durables industry average (1.3x).
How is VOXX International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VOXX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: VOXX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: VOXX's is expected to become profitable in the next 3 years.
Revenue vs Market: VOXX's revenue (3.5% per year) is forecast to grow slower than the US market (8.1% per year).
High Growth Revenue: VOXX's revenue (3.5% 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
How has VOXX International performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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, but has reduced losses over the past 5 years at a rate of 10.7% 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 (45.1%).
Return on Equity
High ROE: VOXX has a negative Return on Equity (-7.92%), as it is currently unprofitable.
How is VOXX International's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: VOXX's short term assets ($330.8M) exceed its short term liabilities ($204.0M).
Long Term Liabilities: VOXX's short term assets ($330.8M) exceed its long term liabilities ($36.0M).
Debt to Equity History and Analysis
Debt Level: VOXX has more cash than its total debt.
Reducing Debt: VOXX's debt to equity ratio has reduced from 27.3% to 3.6% over the past 5 years.
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 3 years 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 grow at historical rates of 33.3% each year.
What is VOXX International current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
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.
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 VOXX has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pat Lavelle (69 yo)
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 ($USD1.67M).
Compensation vs Earnings: Pat's compensation has increased whilst the company is unprofitable.
Experienced Management: VOXX's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: VOXX's board of directors are seasoned and experienced ( 14.6 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 employee growth, exchange listings and data sources
- Name: VOXX International Corporation
- Ticker: VOXX
- Exchange: NasdaqGS
- Founded: 1960
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Implied Market Cap: US$200.591m
- Shares outstanding: 23.94m
- Website: https://www.voxxintl.com
Number of Employees
- VOXX International Corporation
- 2351 J. Lawson Boulevard
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/28 00:00|
|End of Day Share Price||2022/05/27 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.