Audiocodes Stock Beneish M Score
| AUDC Stock | USD 10.74 0.23 2.19% |
AudioCodes |
At this time, it appears that AudioCodes is an unlikely manipulator. The earnings manipulation may begin if AudioCodes' top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by AudioCodes executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of AudioCodes' earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Unlikely Manipulator
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About AudioCodes Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AudioCodes's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AudioCodes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AudioCodes based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out AudioCodes Piotroski F Score and AudioCodes Altman Z Score analysis. For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AudioCodes. If investors know AudioCodes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AudioCodes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of AudioCodes is measured differently than its book value, which is the value of AudioCodes that is recorded on the company's balance sheet. Investors also form their own opinion of AudioCodes' value that differs from its market value or its book value, called intrinsic value, which is AudioCodes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AudioCodes' market value can be influenced by many factors that don't directly affect AudioCodes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AudioCodes' value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioCodes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioCodes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.