VOXX International Corporation - (VOXX) Company Bio
VOXX International Corporation operates as a manufacturer and distributor in the automotive, premium audio, and consumer accessories industries in the United States and internationally. The company was formerly known as Audiovox Corporation and changed its name to VOXX International Corporation in December 2011. The company was founded in 1960 and is based in Hauppauge, New York.
VOXX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for VOXX International Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that VOXX International Corp ranked in the 13th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 88%. In terms of the factors that were most noteworthy in this DCF analysis for VOXX, they are:
The compound growth rate in the free cash flow of VOXX International Corp over the past 5.67 years is -0.11%; that's better than merely 12.62% of cash flow producing equities in the Consumer Cyclical sector, where it is classified.
The business' balance sheet suggests that 2% of the company's capital is sourced from debt; this is greater than only 9.87% of the free cash flow producing stocks we're observing.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
LEA, BJRI, DIN, EVC, and HLT can be thought of as valuation peers to VOXX, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Three months ago, I highlighted the apparent turnaround in VOXX International's (NASDAQ:VOXX) or "VOXX" business and advised investors to "buy with both hands". Picture: VOXX Automotive EVO Rear Seat Entertainment System - Source: Company Brochure As expected, the stock approached $15 going into Monday's Q3/FY2021 earnings announcement and the company...
EyeLock LLC, the leader of iris-based identity authentication solutions, announced today that the latest release of its identity management software application, EyeLock Identity Suite (EIS), now supports highly secure physical and logical access control in a single enterprise-class application.
Ladies and gentlemen, thank you for standing by, and welcome to VOXX International fiscal 2021 third-quarter results call. Both will have prepared remarks, and we will then open up the call for questions.