AUDIOCODES LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11.11 USD | +6.52% |
|
+6.62% | -7.95% |
| 03-25 | AudioCodes Announces Strategic Collaboration with Tata Tele Business Services | CI |
| 03-13 | AudioCodes Announces Voca Conversational Interaction Center Now Offers Omnichannel | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 751.8 | 902.4 | 1,122 | 568.5 | 375.6 | 335.6 | - | - |
| Enterprise Value (EV) 1 | 751.8 | 902.4 | 1,122 | 568.5 | 375.6 | 335.6 | 335.6 | 335.6 |
| P/E ratio | 198 x | 33.2 x | 34.7 x | 20.3 x | 43.1 x | - | - | - |
| Yield | - | 1.09% | 1.01% | 2.01% | - | - | - | - |
| Capitalization / Revenue | 3.75 x | 4.09 x | 4.51 x | 2.07 x | 1.54 x | 1.29 x | 1.21 x | 1.14 x |
| EV / Revenue | 3.75 x | 4.09 x | 4.51 x | 2.07 x | 1.54 x | 1.29 x | 1.21 x | 1.14 x |
| EV / EBITDA | 24,837,272 x | 18,149,164 x | 19,956,364 x | 11,523,038 x | 12,125,623 x | - | - | - |
| EV / FCF | 35,428,811 x | 24,424,689 x | 24,307,257 x | 83,670,079 x | 42,074,255 x | - | - | - |
| FCF Yield | 0% | 0% | 0% | 0% | 0% | - | - | - |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 29,264 | 32,755 | 32,305 | 31,775 | 31,115 | 30,205 | - | - |
| Reference price 2 | 25.69 | 27.55 | 34.74 | 17.89 | 12.07 | 11.11 | 11.11 | 11.11 |
| Announcement Date | 28/01/20 | 26/01/21 | 01/02/22 | 07/02/23 | 06/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 200.3 | 220.8 | 248.9 | 275.1 | 244.4 | 259.5 | 277.6 | 294.6 |
| EBITDA | 30.27 | 49.72 | 56.24 | 49.33 | 30.97 | - | - | - |
| EBIT 1 | 28.22 | 47.45 | 53.8 | 47.15 | 28.92 | 39.61 | 48.61 | 55.77 |
| Operating Margin | 14.09% | 21.49% | 21.61% | 17.14% | 11.83% | 15.27% | 17.51% | 18.93% |
| Earnings before Tax (EBT) | -11.32 | 36.65 | 39.65 | 34.18 | 14.37 | - | - | - |
| Net income 1 | 3.977 | 27.25 | 33.75 | 28.47 | 8.78 | 18.95 | 27.3 | 32.89 |
| Net margin | 1.99% | 12.34% | 13.56% | 10.35% | 3.59% | 7.3% | 9.83% | 11.16% |
| EPS | 0.1300 | 0.8300 | 1.000 | 0.8800 | 0.2800 | - | - | - |
| Free Cash Flow | 21.22 | 36.95 | 46.17 | 6.794 | 8.926 | - | - | - |
| FCF margin | 10.59% | 16.73% | 18.55% | 2.47% | 3.65% | - | - | - |
| FCF Conversion (EBITDA) | 70.1% | 74.31% | 82.1% | 13.77% | 28.82% | - | - | - |
| FCF Conversion (Net income) | 533.57% | 135.59% | 136.8% | 23.87% | 101.66% | - | - | - |
| Dividend per Share | - | 0.3000 | 0.3500 | 0.3600 | - | - | - | - |
| Announcement Date | 28/01/20 | 26/01/21 | 01/02/22 | 07/02/23 | 06/02/24 | - | - | - |
1USD in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 63.41 | 66.1 | 66.36 | 68.36 | 69.72 | 70.66 | 59.21 | 60.02 | 61.59 | 63.56 | 62.53 | 63.93 | 65.36 | 67.63 | 66.77 |
| EBITDA | 14.06 | 14.2 | 12.66 | 12.41 | 11.41 | 13.06 | 3.403 | 6.237 | 10.09 | 11.24 | - | - | - | - | - |
| EBIT 1 | 13.54 | 13.51 | 11.91 | 11.89 | 10.81 | 12.54 | 2.898 | 5.701 | 9.573 | 10.75 | 8.34 | 9.534 | 10.3 | 11.39 | 9.728 |
| Operating Margin | 21.36% | 20.44% | 17.95% | 17.39% | 15.51% | 17.75% | 4.89% | 9.5% | 15.54% | 16.91% | 13.34% | 14.91% | 15.76% | 16.84% | 14.57% |
| Earnings before Tax (EBT) | 10.1 | 8.295 | 9.062 | 8.763 | 7.353 | 9.005 | 0.105 | 2.502 | 6.271 | 5.494 | - | - | - | - | - |
| Net income 1 | 8.263 | 7.255 | 8.608 | 6.936 | 5.373 | 7.549 | -0.182 | 1.055 | 4.252 | 3.655 | 2.712 | 3.809 | 5.37 | 7.061 | 4.628 |
| Net margin | 13.03% | 10.98% | 12.97% | 10.15% | 7.71% | 10.68% | -0.31% | 1.76% | 6.9% | 5.75% | 4.34% | 5.96% | 8.22% | 10.44% | 6.93% |
| EPS 2 | 0.2400 | 0.2200 | 0.2600 | 0.2100 | 0.1700 | 0.2300 | -0.0100 | 0.0300 | 0.1400 | 0.1200 | 0.1700 | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 26/10/21 | 01/02/22 | 02/05/22 | 02/08/22 | 02/11/22 | 07/02/23 | 09/05/23 | 01/08/23 | 02/11/23 | 06/02/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | 21.2 | 36.9 | 46.2 | 6.79 | 8.93 | - | - | - |
| ROE (net income / shareholders' equity) | 29.8% | 30.9% | 24.9% | 22.7% | 13.2% | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share | - | 1.170 | 1.400 | 0.2500 | - | - | - | - |
| Capex 1 | - | 1.53 | 1.17 | 1.49 | 5.97 | 4 | 4 | 4 |
| Capex / Sales | - | 0.69% | 0.47% | 0.54% | 2.44% | 1.54% | 1.44% | 1.36% |
| Announcement Date | 28/01/20 | 26/01/21 | 01/02/22 | 07/02/23 | 06/02/24 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
11.11
USD
Average target price
14.33
USD
Spread / Average Target
+29.01%
| 1st Jan change | Capi. | |
|---|---|---|
| -7.95% | 336M | |
| -5.27% | 194B | |
| +12.39% | 82.95B | |
| +61.44% | 66.91B | |
| +10.66% | 57.73B | |
| +11.60% | 27.55B | |
| +12.37% | 20.23B | |
| +63.72% | 20.06B | |
| +8.53% | 17.63B | |
| -9.05% | 17.46B |
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- AUDC Stock
- Financials AudioCodes Ltd.
