Market cap
$232 Mln
Revenue (TTM)
$249 Mln
P/E Ratio
38.4
P/B Ratio
1.6
Div. Yield
4.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 1.31 | 3.08 | 2.47 | -1.35 | 1.22 |
| EBIT | -4.93 | 23.00 | -6.53 | -13.00 | -19.77 |
| Net Profit | -75.58 | 55.88 | -48.73 | -20.00 | -26.79 |
| EPS | -74.50 | 77.67 | -44.04 | -15.87 | -23.69 |
| Book Value | -- | -- | -3.03 | 1.36 | 0.04 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 6.16 | 9.71 | 5.68 | 5.60 | 6.36 |
| Net Margin
| -- | -- | 2.83 | -- | -- |
| Return on equity
| 5.88 | 9.66 | 4.46 | 4.93 | 8.06 |
| Return on Capital
| 4.87 | 8.49 | -- | 3.82 | 6.72 |
| Return on Assets
| 3.31 | 5.58 | 1.72 | 2.72 | 4.55 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.40 | 0.19 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
--
|
3.82
|
6.72
|
4.08
|
13.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
4.46
Lower than Peers by 2.10
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
4.46
|
4.93
|
8.06
|
4.65
|
14.40
|
|
Peer Median
|
6.55
|
--
|
--
|
--
|
--
|
ROA
1.72
Lower than Peers by 1.24
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
1.72
|
2.72
|
4.55
|
2.66
|
8.46
|
|
Peer Median
|
2.96
|
--
|
--
|
--
|
--
|
EBIT Margin
5.68
Lower than Peers by 0.97
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
5.68
|
5.60
|
6.36
|
6.52
|
13.22
|
|
Peer Median
|
6.64
|
--
|
--
|
--
|
--
|
Net Margin
2.83
Lower than Peers by 1.84
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
2.83
|
3.65
|
6.32
|
3.59
|
10.35
|
|
Peer Median
|
4.67
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
No difference
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Revenue Growth
2.47
Lower than Peers by 3.28
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
2.47
|
0.01
|
-0.01
|
-0.11
|
0.11
|
|
Peer Median
|
5.75
|
--
|
--
|
--
|
--
|
EBIT Growth
-6.53
Lower than Peers by 13.24
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
-6.53
|
-10.56
|
-3.42
|
-56.19
|
-13.19
|
|
Peer Median
|
6.70
|
--
|
--
|
--
|
--
|
Net Profit Growth
-48.73
Lower than Peers by 60.56
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
-48.73
|
-41.51
|
74.38
|
-69.16
|
-15.66
|
|
Peer Median
|
11.84
|
--
|
--
|
--
|
--
|
EPS Growth
-44.04
Lower than Peers by 56.27
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
-44.04
|
-0.36
|
0.78
|
-0.68
|
-0.12
|
|
Peer Median
|
12.24
|
--
|
--
|
--
|
--
|
Book Value Growth
-11.65
Lower than Peers by 18.28
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
-11.65
|
--
|
--
|
--
|
--
|
|
Peer Median
|
6.62
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
--
|
0.40
|
0.19
|
0.21
|
0.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.05
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
0.05
|
0.04
|
0.03
|
0.04
|
0.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.90
Lower than Peers by 0.13
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
1.90
|
2.21
|
2.09
|
1.69
|
1.59
|
|
Peer Median
|
2.03
|
--
|
--
|
--
|
--
|
Quick Ratio
1.63
Lower than Peers by 0.08
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
1.63
|
1.94
|
1.69
|
1.17
|
1.20
|
|
Peer Median
|
1.71
|
--
|
--
|
--
|
--
|
Interest Coverage
4.52
Lower than Peers by 9.85
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
4.52
|
29.86
|
52.00
|
4.92
|
101.62
|
|
Peer Median
|
14.37
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
32.68
Higher than Peers by 6.54
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
32.68
|
27.43
|
23.13
|
20.92
|
20.51
|
|
Peer Median
|
26.14
|
--
|
--
|
--
|
--
|
Asset Turnover
0.61
Higher than Peers by 0.01
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
0.61
|
0.75
|
0.72
|
0.74
|
0.82
|
|
Peer Median
|
0.60
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
--
|
91.74
|
80.80
|
80.37
|
76.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
--
|
113.64
|
163.95
|
170.53
|
114.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
--
|
29.65
|
32.82
|
40.11
|
36.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
--
|
175.72
|
211.92
|
210.79
|
154.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
38.40
No difference
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
38.40
|
27.17
|
19.25
|
42.47
|
20.20
|
|
Peer Median
|
38.40
|
--
|
--
|
--
|
--
|
Price / Book Value
1.59
No difference
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
1.59
|
1.42
|
1.54
|
1.98
|
3.03
|
|
Peer Median
|
1.59
|
--
|
--
|
--
|
--
|
Dividend Yield
4.18
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
4.18
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
11.35
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
11.35
|
13.32
|
13.95
|
20.18
|
13.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
232
Higher than Peers by 207
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
AudioCodes - ADR
|
232
|
--
|
--
|
--
|
--
|
|
Peer Median
|
25
|
--
|
--
|
--
|
--
|