AudioCodes Ltd.
AI Valuation
AI-generated fair value estimate for this company.
AI Fair Value
$15.80
Market Price
$10.80
Undervalued By
31.6%
Method: 10-year unlevered FCF DCF: $21.6M normalized FCF base (TTM); 4% annual FCF growth years 1-5; 3% years 6-10; 9% discount rate; 2.5% terminal growth; $20.3M net cash added; 24.59M shares outstanding.
Reasoning: AudioCodes is a mature, profitable, slow-growing telecom/UC software company with a long track record of steady mid-single-digit growth and stable margins, so a moderate-growth FCF DCF with a conservative discount rate and a net-cash balance sheet is appropriate.