AudioCodes Gross Profit Margin vs Pretax Profit Margin Analysis

AUDC Stock  USD 11.75  0.16  1.34%   
AudioCodes financial indicator trend analysis is way more than just evaluating AudioCodes prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AudioCodes is a good investment. Please check the relationship between AudioCodes Gross Profit Margin and its Pretax Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioCodes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.

Gross Profit Margin vs Pretax Profit Margin

Gross Profit Margin vs Pretax Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AudioCodes Gross Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have strong relationship.
The correlation between AudioCodes' Gross Profit Margin and Pretax Profit Margin is 0.75. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of AudioCodes, assuming nothing else is changed. The correlation between historical values of AudioCodes' Gross Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of AudioCodes are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Gross Profit Margin i.e., AudioCodes' Gross Profit Margin and Pretax Profit Margin go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit Margin

Pretax Profit Margin

Most indicators from AudioCodes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AudioCodes current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioCodes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.At present, AudioCodes' Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 35.60, whereas Selling General Administrative is forecasted to decline to about 12.4 M.
 2022 2023 2024 2025 (projected)
Interest Expense2.9M1.6M1.4M1.1M
Depreciation And Amortization3.0M2.6M3.0M3.5M

AudioCodes fundamental ratios Correlations

0.850.930.970.69-0.140.530.520.560.860.630.550.880.15-0.060.890.760.790.950.630.940.06-0.460.420.830.74
0.850.970.720.57-0.410.410.340.760.610.290.710.670.03-0.030.760.580.560.930.450.87-0.05-0.390.230.840.66
0.930.970.830.65-0.320.520.40.70.720.420.670.780.02-0.020.840.680.610.980.550.91-0.07-0.40.260.860.7
0.970.720.830.61-0.090.50.550.450.850.710.440.880.22-0.10.790.70.840.850.560.890.13-0.430.490.730.66
0.690.570.650.610.210.730.130.380.840.360.330.51-0.3-0.170.820.920.310.740.990.68-0.32-0.11-0.090.780.75
-0.14-0.41-0.32-0.090.210.010.14-0.740.090.25-0.68-0.020.020.10.060.25-0.05-0.180.31-0.220.080.010.05-0.240.07
0.530.410.520.50.730.01-0.060.240.630.360.230.39-0.66-0.080.460.69-0.020.510.720.49-0.70.26-0.40.50.41
0.520.340.40.550.130.14-0.060.140.490.410.270.720.690.350.430.390.720.430.120.440.67-0.80.80.360.5
0.560.760.70.450.38-0.740.240.140.4-0.060.940.360.05-0.110.530.310.360.660.270.66-0.02-0.310.120.690.45
0.860.610.720.850.840.090.630.490.40.680.380.770.08-0.140.810.90.670.780.830.760.02-0.420.30.840.82
0.630.290.420.710.360.250.360.41-0.060.68-0.090.710.24-0.180.490.480.610.460.380.40.15-0.330.430.390.49
0.550.710.670.440.33-0.680.230.270.940.38-0.090.410.10.240.530.370.370.640.240.680.04-0.440.180.680.52
0.880.670.780.880.51-0.020.390.720.360.770.710.410.340.120.770.660.770.810.480.720.28-0.550.620.660.69
0.150.030.020.22-0.30.02-0.660.690.050.080.240.10.340.150.08-0.110.680.04-0.30.10.98-0.750.930.040.15
-0.06-0.03-0.02-0.1-0.170.1-0.080.35-0.11-0.14-0.180.240.120.150.030.12-0.040.0-0.140.040.18-0.370.150.010.2
0.890.760.840.790.820.060.460.430.530.810.490.530.770.080.030.840.630.940.790.840.03-0.510.310.840.85
0.760.580.680.70.920.250.690.390.310.90.480.370.66-0.110.120.840.460.770.920.73-0.14-0.350.10.830.85
0.790.560.610.840.31-0.05-0.020.720.360.670.610.370.770.68-0.040.630.460.640.270.730.61-0.690.820.590.58
0.950.930.980.850.74-0.180.510.430.660.780.460.640.810.040.00.940.770.640.660.92-0.03-0.460.290.890.79
0.630.450.550.560.990.310.720.120.270.830.380.240.48-0.3-0.140.790.920.270.660.59-0.31-0.1-0.10.710.73
0.940.870.910.890.68-0.220.490.440.660.760.40.680.720.10.040.840.730.730.920.590.02-0.420.330.840.73
0.06-0.05-0.070.13-0.320.08-0.70.67-0.020.020.150.040.280.980.180.03-0.140.61-0.03-0.310.02-0.690.91-0.020.11
-0.46-0.39-0.4-0.43-0.110.010.26-0.8-0.31-0.42-0.33-0.44-0.55-0.75-0.37-0.51-0.35-0.69-0.46-0.1-0.42-0.69-0.73-0.49-0.6
0.420.230.260.49-0.090.05-0.40.80.120.30.430.180.620.930.150.310.10.820.29-0.10.330.91-0.730.20.3
0.830.840.860.730.78-0.240.50.360.690.840.390.680.660.040.010.840.830.590.890.710.84-0.02-0.490.20.89
0.740.660.70.660.750.070.410.50.450.820.490.520.690.150.20.850.850.580.790.730.730.11-0.60.30.89
Click cells to compare fundamentals

AudioCodes Account Relationship Matchups

AudioCodes fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets358.1M349.3M323.8M337.5M388.1M236.4M
Other Current Liab40.2M38.4M38.3M29.9M34.4M20.5M
Total Current Liabilities94.8M95.9M94.5M84.2M96.8M51.4M
Total Stockholder Equity209.9M205.5M189.8M188.1M216.3M136.9M
Property Plant And Equipment Net30.0M20.9M17.5M47.6M54.7M57.5M
Net Debt(11.1M)(59.9M)(10.8M)8.7M7.9M8.3M
Retained Earnings(16.4M)6.5M23.4M20.8M18.7M19.6M
Accounts Payable7.0M7.9M11.3M7.6M8.7M7.9M
Cash40.9M79.4M24.5M30.5M27.5M34.1M
Non Current Assets Total154.5M181.7M173.9M194.9M224.1M235.3M
Non Currrent Assets Other20.7M22.8M31.0M34M30.6M18.0M
Cash And Short Term Investments41.4M80.1M41.9M38.2M34.4M43.4M
Net Receivables34.5M49.0M56.4M51.1M58.8M30.0M
Common Stock Shares Outstanding32.9M33.8M32.5M31.6M28.4M29.6M
Short Term Investments449K669K17.4M7.7M6.9M6.5M
Liabilities And Stockholders Equity358.1M349.3M323.8M337.5M388.1M236.4M
Non Current Liabilities Total53.5M47.8M39.6M65.2M75.0M48.1M
Inventory29.2M24.0M36.4M44.0M50.6M53.1M
Other Stockholder Equity224.4M199.1M177.2M171.1M196.8M157.4M
Total Liab148.3M143.8M134.1M149.4M171.8M99.5M
Property Plant And Equipment Gross30.0M20.9M17.5M68.1M78.3M82.3M
Total Current Assets203.6M167.6M149.9M142.7M164.1M134.3M
Accumulated Other Comprehensive Income1.8M(223K)(11.0M)(3.9M)(3.5M)(3.7M)
Other Current Assets13.7M9.2M5.2M9.4M8.4M8.0M
Common Stock105K107K109K110K99K90.4K
Other Liab40.9M34.1M36.4M34.1M39.2M41.1M
Other Assets40.4M32.7M31.5M40.1M46.1M48.4M
Property Plant Equipment34.1M30.0M20.9M17.5M20.1M21.1M
Short Long Term Debt Total29.8M19.5M13.7M39.3M35.4M32.8M
Intangible Assets569K2.4M1.6M1.0M918.9K873.0K
Current Deferred Revenue37.2M41.6M36.6M38.8M44.6M46.9M
Short Term Debt10.4M8.1M8.2M7.9M7.1M10.0M
Long Term Investments54.9M89.3M77.2M68.5M78.7M44.9M
Net Tangible Assets55.4M173.1M165.6M150.6M173.2M110.0M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioCodes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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
0.847
Dividend Share
0.36
Earnings Share
0.5
Revenue Per Share
8.029
Quarterly Revenue Growth
(0.03)
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.