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AudioCodes (FRA:AU1) Cyclically Adjusted Price-to-FCF : 12.17 (As of Jun. 04, 2025)


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What is AudioCodes Cyclically Adjusted Price-to-FCF?

As of today (2025-06-04), AudioCodes's current share price is €8.40. AudioCodes's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €0.69. AudioCodes's Cyclically Adjusted Price-to-FCF for today is 12.17.

The historical rank and industry rank for AudioCodes's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:AU1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.97   Med: 24.32   Max: 100.2
Current: 12.03

During the past years, AudioCodes's highest Cyclically Adjusted Price-to-FCF was 100.20. The lowest was 10.97. And the median was 24.32.

FRA:AU1's Cyclically Adjusted Price-to-FCF is ranked better than
80.91% of 1006 companies
in the Hardware industry
Industry Median: 27.39 vs FRA:AU1: 12.03

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

AudioCodes's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €0.369. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.69 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AudioCodes Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AudioCodes's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AudioCodes Cyclically Adjusted Price-to-FCF Chart

AudioCodes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.93 48.56 25.45 17.77 13.68

AudioCodes Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.73 15.73 14.47 13.68 12.50

Competitive Comparison of AudioCodes's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, AudioCodes's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AudioCodes's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AudioCodes's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AudioCodes's Cyclically Adjusted Price-to-FCF falls into.


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AudioCodes Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

AudioCodes's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.40/0.69
=12.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AudioCodes's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, AudioCodes's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.369/134.9266*134.9266
=0.369

Current CPI (Mar. 2025) = 134.9266.

AudioCodes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.063 100.684 0.084
201509 0.033 100.392 0.044
201512 0.170 99.792 0.230
201603 0.054 100.470 0.073
201606 0.124 101.688 0.165
201609 0.079 101.861 0.105
201612 0.179 101.863 0.237
201703 0.011 102.862 0.014
201706 0.059 103.349 0.077
201709 0.152 104.136 0.197
201712 0.213 104.011 0.276
201803 0.214 105.290 0.274
201806 0.054 106.317 0.069
201809 0.088 106.507 0.111
201812 0.324 105.998 0.412
201903 0.207 107.251 0.260
201906 0.235 108.070 0.293
201909 0.110 108.329 0.137
201912 0.062 108.420 0.077
202003 0.188 108.902 0.233
202006 0.289 108.767 0.359
202009 0.258 109.815 0.317
202012 0.232 109.897 0.285
202103 0.318 111.754 0.384
202106 0.409 114.631 0.481
202109 0.314 115.734 0.366
202112 0.107 117.630 0.123
202203 0.018 121.301 0.020
202206 0.132 125.017 0.142
202209 0.048 125.227 0.052
202212 0.003 125.222 0.003
202303 0.056 127.348 0.059
202306 0.007 128.729 0.007
202309 -0.056 129.860 -0.058
202312 0.256 129.419 0.267
202403 0.245 131.776 0.251
202406 -0.344 132.554 -0.350
202409 0.069 133.029 0.070
202412 0.373 133.157 0.378
202503 0.369 134.927 0.369

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


AudioCodes  (FRA:AU1) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


AudioCodes Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of AudioCodes's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


AudioCodes Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AudioCodes Ltd (FRA:AU1) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
6 Ofra Haza Street, Park Naimi Building A, Or Yehuda, ISR, 6032303
AudioCodes Ltd develops and sells onverged voice over IP and data networking solutions, products and applications to service providers and channels, OEMs, network equipment providers and system integrators. Its products include IP phones, session border controllers, voice applications, multi-service business routers, digital and analog media gateways, among others. The company generates revenues from the sale of products through a direct sales force and sales representatives. Its geographic segments are Israel, Americas, Europe, and the Far East. It derives a majority of the revenues from Americas segment.

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