Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AudioCodesAUDC -3.77%71 FCF Margin % is 18.63% as of Mar. 2026, which is 78% above its 10-year median of 10.46. GuruFocus rates AUDC with a GF Score™ of 71/100 and a GF Value™ of $13.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,476 Hardware companies, AudioCodes ranks better than 79.85% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. AudioCodes's Free Cash Flow for the
three
months ended in Mar. 2026 was $11.6 Mil. AudioCodes's Revenue for the
three
months ended in Mar. 2026 was $62.1 Mil. Therefore, AudioCodes's FCF Margin % for the quarter that ended in Mar. 2026 was 18.63%.
The historical rank and industry rank for AudioCodes's FCF Margin % or its related term are showing as below:
AUDC'
s FCF Margin % Range Over the Past 10 Years
Min: 2.47 Med: 10.46 Max: 18.55
Current: 9.09
During the past 13 years, the highest FCF Margin % of AudioCodes was 18.55%. The lowest was 2.47%. And the median was 10.46%.
AUDC's FCF Margin % is ranked better than 79.85% of 2476
companies
in the Hardware industry
Industry Median: 0.63
vs AUDC: 9.09
AudioCodes FCF Margin % Related Terms
AudioCodes FCF Margin % Historical Data
* Premium members only.
The historical data trend for AudioCodes's FCF Margin % 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.
For the Communication Equipment subindustry, AudioCodes's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Hardware Industry
For the Hardware industry and Technology sector, AudioCodes's FCF Margin % distribution charts can be found below:
* The bar in red indicates where AudioCodes's FCF Margin % falls into.
* 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 (AUDC) has a FCF Margin % of 18.63% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AudioCodes and its competitors. This is 78% above median its historical median of 10.46. Over the past decade, AudioCodes' FCF Margin % has ranged from 2.47 to 18.55. According to the industry distribution chart, AudioCodes ranks #499 out of 2476 companies in the Hardware industry, placing it in the top 20.2%.
Is AudioCodes' FCF Margin % too high?
AudioCodes' current FCF Margin % of 18.63% is 78% above median its 10-year median of 10.46. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 18.55. The Hardware industry median FCF Margin % is 0.63. AudioCodes' value of 18.63% is 2857.1% above this industry median. Based on the distribution chart, AudioCodes ranks #499 out of 2476 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, AudioCodes has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AudioCodes' FCF Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, AudioCodes ranks #499 out of 2476 companies for FCF Margin %. This places AudioCodes in the top 20% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 0.63. AudioCodes' value of 18.63% is 2857.1% above this benchmark. Historically, AudioCodes' own FCF Margin % has ranged from 2.47 to 18.55 over the past decade. While the company's 10-year median is 10.46 vs. the industry median of 0.63, AudioCodes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Hardware company?
The median FCF Margin % among Hardware companies is 0.63, based on 2,476 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AudioCodes's current FCF Margin % of 18.63% is 2857.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AudioCodes and its competitors. For the Hardware industry, the median FCF Margin % is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AudioCodes's current FCF Margin % is 18.63%, which is 78% above median its own 10-year median of 10.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AudioCodes stock overvalued right now?
Based on GuruFocus' analysis, AudioCodes (AUDC) is currently considered Modestly Undervalued. The stock's GF Value™ is $13.17, compared to a current price of $9.50 — trading 27.9% below its estimated fair value. The current FCF Margin % is 18.63%, which is 78% above median its 10-year median of 10.46 and 2857.1% above the Hardware industry median of 0.63. AudioCodes' overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For AudioCodes (AUDC), the current FCF Margin % is 18.63% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AudioCodes (AUDC) Overvalued in 2026?
Based on GuruFocus' analysis, AudioCodes stock appears to be undervalued.
The current stock price of $9.50 is trading 27.9% below its estimated GF Value™ of $13.17.
GuruFocus considers AudioCodes to be Modestly Undervalued.
Key valuation signals for AUDC:
FCF Margin %: 18.63% (78% above median its 10-year median of 10.46)
GF Value™: $13.17 vs. price of $9.50 (27.9% below fair value)
Industry Position: 2857.1% above the Hardware median (#499 of 2476)
No single metric tells the full story. See the AUDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AudioCodes Ltd provides voice communications solutions for enterprises, contact centers, and service providers, including voice infrastructure, cloud-based platforms, and Voice AI applications. Its AudioCodes Live Platform is a cloud-based service delivery platform that enables provisioning, management, and operation of voice and AI-based communication services, including PSTN connectivity and integration with platforms such as Microsoft Teams, Webex Calling, and Zoom Phone. The company's solutions are organized into three layers: voice infrastructure and devices, cloud-based platforms, and Voice AI applications for contact center and productivity use cases. It also offers management tools such as One Voice Operations Center (OVOC), Device Manager, and AudioCodes Routing Manager (ARM).
71GF Score
Get the complete analysis for AUDC
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AUDC has been successfully added to your 
