Audiocodes Stock Z Score

AUDC Stock

USD 8.77 0.10 1.15%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out AudioCodes Piotroski F Score and AudioCodes Valuation analysis.

For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.

At present, AudioCodes' Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Capital Expenditures is expected to grow to about 6.3 M, whereas Capital Surpluse is forecasted to decline to about 275.5 M. At present, AudioCodes' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 15.1 M, whereas Interest Expense is forecasted to decline to about 1.1 M.

AudioCodes Company Z Score Analysis

AudioCodes' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

AudioCodes Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for AudioCodes is extremely important. It helps to project a fair market value of AudioCodes Stock properly, considering its historical fundamentals such as Z Score. Since AudioCodes' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of AudioCodes' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of AudioCodes' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Treasury Stock	Good Will	Intangible Assets	Current Deferred Revenue	Long Term Debt	Short Term Debt	Long Term Investments	Short Long Term Debt	Net Tangible Assets	Deferred Long Term Liab	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	-0.28	0.45	0.52	0.85	-0.05	0.94	0.94	0.49	0.72	-0.75	0.69	-0.72	0.84	-0.72	0.15	0.74	-0.67	0.71	0.56	-0.74	0.7	0.3	0.72	0.74
Total Stockholder Equity	0.96		-0.22	0.42	0.56	0.86	-0.09	0.82	0.88	0.57	0.57	-0.63	0.65	-0.6	0.75	-0.69	0.06	0.83	-0.62	0.78	0.48	-0.64	0.61	0.31	0.7	0.74
Net Debt	-0.28	-0.22		-0.08	0.11	-0.16	0.12	-0.33	-0.31	0.06	-0.28	0.46	-0.31	0.15	-0.34	0.2	0.19	-0.22	0.36	-0.01	-0.29	0.24	-0.02	-0.2	-0.25	0.0
Retained Earnings	0.45	0.42	-0.08		-0.1	0.27	-0.06	0.43	0.43	-0.4	0.57	-0.57	-0.17	-0.46	0.75	0.08	0.41	0.56	-0.52	0.63	0.47	-0.75	0.77	0.55	0.58	0.87
Accounts Payable	0.52	0.56	0.11	-0.1		0.75	0.36	0.42	0.43	0.81	0.07	-0.12	0.63	-0.19	0.18	-0.62	-0.04	0.37	-0.15	0.24	0.0	-0.13	0.07	0.25	0.04	0.24
Net Receivables	0.85	0.86	-0.16	0.27	0.75		0.15	0.76	0.69	0.73	0.4	-0.48	0.7	-0.47	0.58	-0.71	-0.01	0.71	-0.46	0.6	0.31	-0.51	0.51	0.55	0.31	0.57
Short Term Investments	-0.05	-0.09	0.12	-0.06	0.36	0.15		0.01	0.05	0.14	-0.25	-0.05	0.24	-0.07	-0.08	-0.2	-0.25	-0.37	0.18	-0.21	-0.08	0.02	0.0	0.18	-0.17	-0.08
Total Liab	0.94	0.82	-0.33	0.43	0.42	0.76	0.01		0.92	0.35	0.84	-0.82	0.66	-0.79	0.86	-0.69	0.24	0.54	-0.67	0.54	0.61	-0.8	0.75	0.26	0.67	0.66
Total Current Assets	0.94	0.88	-0.31	0.43	0.43	0.69	0.05	0.92		0.36	0.78	-0.77	0.63	-0.77	0.84	-0.67	0.24	0.54	-0.6	0.65	0.49	-0.8	0.66	0.12	0.85	0.72
Common Stock	0.49	0.57	0.06	-0.4	0.81	0.73	0.14	0.35	0.36		-0.06	0.03	0.71	-0.08	0.01	-0.69	-0.25	0.34	-0.03	0.24	-0.09	0.04	-0.04	0.09	-0.04	0.03
Property Plant Equipment	0.72	0.57	-0.28	0.57	0.07	0.4	-0.25	0.84	0.78	-0.06		-0.72	0.26	-0.73	0.85	-0.34	0.57	0.4	-0.59	0.49	0.5	-0.88	0.72	0.08	0.74	0.67
Treasury Stock	-0.75	-0.63	0.46	-0.57	-0.12	-0.48	-0.05	-0.82	-0.77	0.03	-0.72		-0.58	0.89	-0.91	0.61	0.04	-0.49	0.89	-0.3	-0.83	0.74	-0.73	-0.25	-0.69	-0.62
Good Will	0.69	0.65	-0.31	-0.17	0.63	0.7	0.24	0.66	0.63	0.71	0.26	-0.58		-0.57	0.44	-0.97	-0.43	0.36	-0.54	0.06	0.49	-0.23	0.24	0.1	0.25	0.18
Intangible Assets	-0.72	-0.6	0.15	-0.46	-0.19	-0.47	-0.07	-0.79	-0.77	-0.08	-0.73	0.89	-0.57		-0.84	0.66	-0.04	-0.36	0.8	-0.28	-0.66	0.74	-0.75	-0.07	-0.7	-0.6
Current Deferred Revenue	0.84	0.75	-0.34	0.75	0.18	0.58	-0.08	0.86	0.84	0.01	0.85	-0.91	0.44	-0.84		-0.52	0.25	0.65	-0.83	0.56	0.74	-0.91	0.86	0.39	0.79	0.86
Long Term Debt	-0.72	-0.69	0.2	0.08	-0.62	-0.71	-0.2	-0.69	-0.67	-0.69	-0.34	0.61	-0.97	0.66	-0.52		0.36	-0.39	0.59	-0.12	-0.5	0.33	-0.36	-0.13	-0.31	-0.31
Short Term Debt	0.15	0.06	0.19	0.41	-0.04	-0.01	-0.25	0.24	0.24	-0.25	0.57	0.04	-0.43	-0.04	0.25	0.36		0.02	0.18	0.43	-0.17	-0.49	0.26	0.0	0.34	0.4
Long Term Investments	0.74	0.83	-0.22	0.56	0.37	0.71	-0.37	0.54	0.54	0.34	0.4	-0.49	0.36	-0.36	0.65	-0.39	0.02		-0.66	0.72	0.5	-0.5	0.51	0.5	0.49	0.72
Short Long Term Debt	-0.67	-0.62	0.36	-0.52	-0.15	-0.46	0.18	-0.67	-0.6	-0.03	-0.59	0.89	-0.54	0.8	-0.83	0.59	0.18	-0.66		-0.25	-0.86	0.6	-0.66	-0.24	-0.58	-0.58
Net Tangible Assets	0.71	0.78	-0.01	0.63	0.24	0.6	-0.21	0.54	0.65	0.24	0.49	-0.3	0.06	-0.28	0.56	-0.12	0.43	0.72	-0.25		0.15	-0.61	0.58	0.34	0.66	0.78
Deferred Long Term Liab	0.56	0.48	-0.29	0.47	0.0	0.31	-0.08	0.61	0.49	-0.09	0.5	-0.83	0.49	-0.66	0.74	-0.5	-0.17	0.5	-0.86	0.15		-0.48	0.63	0.24	0.47	0.49
Long Term Debt Total	-0.74	-0.64	0.24	-0.75	-0.13	-0.51	0.02	-0.8	-0.8	0.04	-0.88	0.74	-0.23	0.74	-0.91	0.33	-0.49	-0.5	0.6	-0.61	-0.48		-0.83	-0.34	-0.78	-0.83
Capital Surpluse	0.7	0.61	-0.02	0.77	0.07	0.51	0.0	0.75	0.66	-0.04	0.72	-0.73	0.24	-0.75	0.86	-0.36	0.26	0.51	-0.66	0.58	0.63	-0.83		0.45	0.63	0.82
Net Invested Capital	0.3	0.31	-0.2	0.55	0.25	0.55	0.18	0.26	0.12	0.09	0.08	-0.25	0.1	-0.07	0.39	-0.13	0.0	0.5	-0.24	0.34	0.24	-0.34	0.45		-0.09	0.5
Net Working Capital	0.72	0.7	-0.25	0.58	0.04	0.31	-0.17	0.67	0.85	-0.04	0.74	-0.69	0.25	-0.7	0.79	-0.31	0.34	0.49	-0.58	0.66	0.47	-0.78	0.63	-0.09		0.71
Capital Stock	0.74	0.74	0.0	0.87	0.24	0.57	-0.08	0.66	0.72	0.03	0.67	-0.62	0.18	-0.6	0.86	-0.31	0.4	0.72	-0.58	0.78	0.49	-0.83	0.82	0.5	0.71

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict AudioCodes

In accordance with the company's disclosures, AudioCodes has a Z Score of 0.0. This is 100.0% lower than that of the Communications Equipment sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.

AudioCodes ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, AudioCodes' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to AudioCodes' managers, analysts, and investors.

Environmental

Governance

Social

AudioCodes Institutional Holders

Institutional Holdings refers to the ownership stake in AudioCodes that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AudioCodes' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AudioCodes' value.

		Shares
Ark Investment Management Llc	2024-06-30	202.2 K
D. E. Shaw & Co Lp	2024-06-30	167.3 K
Assenagon Asset Management Sa	2024-09-30	165.6 K
Qsv Equity Investors Llc	2024-09-30	138 K
Ameriprise Financial Inc	2024-06-30	119.2 K
Y.d. More Investments Ltd	2024-06-30	107.7 K
Millennium Management Llc	2024-06-30	101.3 K
Citadel Advisors Llc	2024-06-30	97.7 K
Bnp Paribas Arbitrage, Sa	2024-06-30	88.8 K
Morgan Stanley - Brokerage Accounts	2024-06-30	4.5 M
Rima Management, Llc	2024-09-30	2.6 M

AudioCodes Fundamentals

	Return On Equity	0.0666
	Return On Asset	0.0387
	Profit Margin	0.05 %
	Operating Margin	0.08 %
	Current Valuation	238.84 M
	Shares Outstanding	28.91 M
	Shares Owned By Insiders	22.66 %
	Shares Owned By Institutions	52.31 %
	Number Of Shares Shorted	127.31 K
	Price To Earning	19.64 X
	Price To Book	1.34 X
	Price To Sales	1.03 X
	Revenue	244.38 M
	Gross Profit	178.78 M
	EBITDA	17.02 M
	Net Income	8.78 M
	Cash And Equivalents	57.84 M
	Cash Per Share	1.82 X
	Total Debt	39.28 M
	Debt To Equity	0.09 %
	Current Ratio	1.48 X
	Book Value Per Share	6.18 X
	Cash Flow From Operations	14.89 M
	Short Ratio	1.87 X
	Earnings Per Share	0.40 X
	Price To Earnings To Growth	0.83 X
	Target Price	9.67
	Number Of Employees	950
	Beta	0.87
	Market Capitalization	250.65 M
	Total Asset	337.52 M
	Retained Earnings	20.79 M
	Working Capital	58.46 M
	Current Asset	73.85 M
	Current Liabilities	43.48 M
	Annual Yield	0.04 %
	Net Asset	337.52 M
	Last Dividend Paid	0.18

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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When determining whether AudioCodes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AudioCodes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Audiocodes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Audiocodes Stock:

How To Invest In AudioCodes

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Is AudioCodes Stock a good investment?

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What is AudioCodes' Net Worth?

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Largest Communications Equipment Companies

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Check out AudioCodes Piotroski F Score and AudioCodes Valuation analysis.

For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.

You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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.

Quarterly Earnings Growth

(0.35)

Dividend Share

0.18

Earnings Share

0.4

Revenue Per Share

8.046

Quarterly Revenue Growth

(0.02)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Audiocodes Stock Z Score

AudioCodes Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

AudioCodes Z Score Driver Correlations

AudioCodes ESG Sustainability

AudioCodes Institutional Holders

AudioCodes Fundamentals

About AudioCodes Fundamental Analysis

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