AudioCodes Ltd., together with its subsidiaries, provides advanced communications software, products, and productivity solutions for the digital workplace. More Details
No risks detected for AUDC from our risk checks.
Flawless balance sheet with solid track record.
Share Price & News
How has AudioCodes's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AUDC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: AUDC's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AUDC underperformed the US Communications industry which returned 22.7% over the past year.
Return vs Market: AUDC underperformed the US Market which returned 42.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is AudioCodes's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHere's What AudioCodes Ltd.'s (NASDAQ:AUDC) Shareholder Ownership Structure Looks Like
4 weeks ago | Simply Wall StShould You Be Adding AudioCodes (NASDAQ:AUDC) To Your Watchlist Today?
1 month ago | Simply Wall StAudioCodes Ltd.'s (NASDAQ:AUDC) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Is AudioCodes undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AUDC ($34.83) is trading above our estimate of fair value ($26.83)
Significantly Below Fair Value: AUDC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AUDC is poor value based on its PE Ratio (35.2x) compared to the US Communications industry average (34.7x).
PE vs Market: AUDC is poor value based on its PE Ratio (35.2x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: AUDC is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: AUDC is overvalued based on its PB Ratio (5.6x) compared to the US Communications industry average (2.4x).
How is AudioCodes forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AUDC's forecast earnings growth (19.7% per year) is above the savings rate (2%).
Earnings vs Market: AUDC's earnings (19.7% per year) are forecast to grow faster than the US market (15.7% per year).
High Growth Earnings: AUDC's earnings are forecast to grow, but not significantly.
Revenue vs Market: AUDC's revenue (11.4% per year) is forecast to grow faster than the US market (9.5% per year).
High Growth Revenue: AUDC's revenue (11.4% 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 AUDC's Return on Equity is forecast to be high in 3 years time
How has AudioCodes performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AUDC has high quality earnings.
Growing Profit Margin: AUDC's current net profit margins (14.1%) are higher than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: AUDC's earnings have grown by 19.1% per year over the past 5 years.
Accelerating Growth: AUDC's earnings growth over the past year (416.4%) exceeds its 5-year average (19.1% per year).
Earnings vs Industry: AUDC earnings growth over the past year (416.4%) exceeded the Communications industry 89.3%.
Return on Equity
High ROE: AUDC's Return on Equity (15.6%) is considered low.
How is AudioCodes's financial position?
Financial Position Analysis
Short Term Liabilities: AUDC's short term assets ($185.1M) exceed its short term liabilities ($94.5M).
Long Term Liabilities: AUDC's short term assets ($185.1M) exceed its long term liabilities ($49.3M).
Debt to Equity History and Analysis
Debt Level: AUDC's debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: AUDC's debt to equity ratio has reduced from 9% to 0.4% over the past 5 years.
Debt Coverage: AUDC's debt is well covered by operating cash flow (4967.9%).
Interest Coverage: AUDC earns more interest than it pays, so coverage of interest payments is not a concern.
What is AudioCodes's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AUDC's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: AUDC's dividend (0.92%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, AUDC has been paying a dividend for less than 10 years.
Growing Dividend: AUDC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.3%), AUDC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shabtai Adlersberg (67 yo)
Mr. Shabtai Adlersberg serves as the Chief Executive Officer of AudioCodes, Inc. Mr. Adlersberg co-founded Audiocodes Ltd. in 1993 and has been its Chief Executive Officer and President since 1993. Until D...
CEO Compensation Analysis
Compensation vs Market: Shabtai's total compensation ($USD3.17M) is above average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: Shabtai's compensation has increased by more than 20% in the past year.
Experienced Management: AUDC's management team is seasoned and experienced (7.7 years average tenure).
Experienced Board: AUDC's board of directors are seasoned and experienced ( 18 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AudioCodes Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: AudioCodes Ltd.
- Ticker: AUDC
- Exchange: NasdaqGS
- Founded: 1992
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$1.139b
- Shares outstanding: 32.57m
- Website: https://www.audiocodes.com
Number of Employees
- AudioCodes Ltd.
- 1 Hayarden Street
- Airport City
AudioCodes Ltd., together with its subsidiaries, provides advanced communications software, products, and productivity solutions for the digital workplace. It offers solutions, products, and applications f...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/25 00:24|
|End of Day Share Price||2021/06/24 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.