AUDC Valuation

AudioCodes Ltd

Add to Watchlist

Advanced Chart

9.230

-0.45(-4.649%)1D

AUDC Relative Valuation

AUDC's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, AUDC is overvalued; if below, it's undervalued.

Historical Valuation

AudioCodes Ltd (AUDC) is now in the Overvalued zone, suggesting that its current forward PS ratio of 9.68 is considered Overvalued compared with the five-year average of 3.22. The fair price of AudioCodes Ltd (AUDC) is between 5.50 to 7.49 according to relative valuation methord. Compared to the current price of 9.32 USD , AudioCodes Ltd is Overvalued By 24.48%.

Relative Value

Fair Zone

5.50-7.49

Current Price：9.32

24.48%

Overvalued

14.45

Trailing

Forward

11.48

EV/EBITDA

AudioCodes Ltd. (AUDC) has a current EV/EBITDA of 11.48. The 5-year average EV/EBITDA is 10.45. The thresholds are as follows: Strongly Undervalued below 0.64, Undervalued between 0.64 and 5.55, Fairly Valued between 15.36 and 5.55, Overvalued between 15.36 and 20.27, and Strongly Overvalued above 20.27. The current Forward EV/EBITDA of 11.48 falls within the Historic Trend Line -Fairly Valued range.

12.02

EV/EBIT

AudioCodes Ltd. (AUDC) has a current EV/EBIT of 12.02. The 5-year average EV/EBIT is 11.47. The thresholds are as follows: Strongly Undervalued below 2.83, Undervalued between 2.83 and 7.15, Fairly Valued between 15.79 and 7.15, Overvalued between 15.79 and 20.11, and Strongly Overvalued above 20.11. The current Forward EV/EBIT of 12.02 falls within the Historic Trend Line -Fairly Valued range.

9.68

AudioCodes Ltd. (AUDC) has a current PS of 9.68. The 5-year average PS is 2.29. The thresholds are as follows: Strongly Undervalued below -0.29, Undervalued between -0.29 and 1.00, Fairly Valued between 3.57 and 1.00, Overvalued between 3.57 and 4.86, and Strongly Overvalued above 4.86. The current Forward PS of 9.68 falls within the Strongly Overvalued range.

51.33

P/OCF

AudioCodes Ltd. (AUDC) has a current P/OCF of 51.33. The 5-year average P/OCF is 20.93. The thresholds are as follows: Strongly Undervalued below 0.21, Undervalued between 0.21 and 10.57, Fairly Valued between 31.29 and 10.57, Overvalued between 31.29 and 41.66, and Strongly Overvalued above 41.66. The current Forward P/OCF of 51.33 falls within the Strongly Overvalued range.

12.22

P/FCF

AudioCodes Ltd. (AUDC) has a current P/FCF of 12.22. The 5-year average P/FCF is 16.84. The thresholds are as follows: Strongly Undervalued below -12.43, Undervalued between -12.43 and 2.20, Fairly Valued between 31.48 and 2.20, Overvalued between 31.48 and 46.12, and Strongly Overvalued above 46.12. The current Forward P/FCF of 12.22 falls within the Historic Trend Line -Fairly Valued range.

AudioCodes Ltd (AUDC) has a current Price-to-Book (P/B) ratio of 1.57. Compared to its 3-year average P/B ratio of 1.88 , the current P/B ratio is approximately -16.35% higher. Relative to its 5-year average P/B ratio of 2.98, the current P/B ratio is about -47.40% higher. AudioCodes Ltd (AUDC) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 3.09%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 3.49% , the current FCF yield is about -100.00% lower.

1.57

P/B

Median3y

1.88

Median5y

2.98

12.49

FCF Yield

Median3y

3.09

Median5y

3.49

Competitors Valuation Multiple

The average P/S ratio for AUDC's competitors is 21.38, providing a benchmark for relative valuation. AudioCodes Ltd Corp (AUDC) exhibits a P/S ratio of 9.68, which is -54.72% above the industry average. Given its robust revenue growth of 2.16%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Sangoma Technologies Corp

Performance Decomposition

Market capitalization of AUDC increased by 5.75% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 20.06 to 20.82.

The secondary factor is the Revenue Growth, contributed 2.16%to the performance.

Overall, the performance of AUDC in the past 1 year is driven by P/E Change. Which is more unsustainable.

2.16%

60.24M → 61.55M

Revenue Growth

-0.22%

4.45 → 4.44

Margin Expansion

3.81%

20.06 → 20.82

P/E Change

5.75%