AUDC vs GILT vs AAOI Stock Comparison

Audiocodes, Gilat Satellite Networks and Applied Optoelectronics Prices as of Oct 29, 2026 Peers: Industry group
AUDC Audiocodes Ltd
$11.58 +9.2% 1M +29.1% 1Y
Market cap
$313.69M
P/E
46.7x
Revenue (TTM)
$249.25M
Div. yield
3.45%
Networking Equipment Technology
2 wins

Head to Head

11 decided of 12

Gilat Satellite Networks leads on 5 of the 12 questions below (Gilat Satellite Networks 5, Applied Optoelectronics 4, Audiocodes 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAUDCGILTAAOILeader
Larger companyMarket capitalisation $313.69M $594.34M $6.68B AAOI
Cheaper on earningsLower P/E, profitable companies only 46.7x 15.8x -113.3x GILT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.1x 13.0x 111.5x GILT
Faster revenue growthRevenue growth, trailing twelve months +2.5% +39.5% +61.8% AAOI
More profitableNet margin, trailing twelve months 2.8% 6.2% -9.6% GILT
Better return on capitalReturn on invested capital 9.1% — -4.2% AUDC
Less leveragedLower net debt / EBITDA -2.9x -2.9x 13.8x GILT
Higher dividend yieldTrailing dividend yield 3.45% 0.00% — –
Better 1-year returnPrice return, last 12 months +29.1% -44.3% +123.2% AAOI
Better 5-year returnAnnualised price return, 5 years -20.1%/yr -0.3%/yr +59.6%/yr AAOI
Less volatileAnnualised volatility, 1 year 42.0% 69.5% 139.0% AUDC
Higher overall scoreMean of the five percentile scores vs peers 56/100 57/100 32/100 GILT

Percentile Scorecard

AUDCGILTAAOI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAUDCGILTAAOI
Valuation 87 #15 of 112 85 #18 of 112 12 #99 of 112
Growth 15 #92 of 108 64 #40 of 108 54 #50 of 108
Profitability 69 #33 of 104 46 #57 of 104 16 #88 of 104
Financial Health 69 #37 of 116 79 #25 of 116 71 #34 of 116
Shareholder Returns 38 #49 of 78 10 #70 of 78 9 #71 of 78
Overall 56 57 32
  • AUDC ranked among 121 companies in Computer Hardware
  • GILT ranked among 121 companies in Computer Hardware
  • AAOI ranked among 121 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAUDCGILTAAOISPY
1 month +9.2%-19.0%-21.3% +0.7%
3 months +25.2%-26.8%-12.1% +3.7%
6 months +25.1%-56.4%-51.8% +7.1%
Year to date +32.6%-37.8%+127.2% +12.8%
1 year +29.1%-44.3%+123.2% +11.9%
3 years +54.6%+38.1%+1,018.5% +85.2%
3 years, per year +15.6%+11.4%+123.8% +22.8%
5 years -67.3%-1.7%+935.2% +67.6%
5 years, per year -20.1%-0.3%+59.6% +10.9%
10 years +117.3%+82.1%+302.2% +262.0%
10 years, per year +8.1%+6.2%+14.9% +13.7%

Risk

MeasureAUDCGILTAAOISPY
Volatility, 1Y 42.0%69.5%139.0% 12.7%
Downside volatility, 1Y 46.9%74.0%127.1% 12.6%
Beta vs S&P 500, 1Y 1.152.294.32 1.00
Return / volatility, 1Y 0.69-0.640.89 0.94
Max drawdown, 5Y -81.0%-64.3%-82.6% -25.4%
From 52-week high -1.0%-61.4%-64.5% -1.2%
52-week high $11.70$20.85$223.10 $779.14
52-week low $7.03$7.44$19.49 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAUDCGILTAAOI
P/E now vs peer median 46.7xmedian 32.9x 15.8xmedian 32.9x -113.3xmedian 32.9x
P/S now vs peer median 1.3xmedian 2.9x 1.2xmedian 2.9x 11.2xmedian 2.9x
EV/EBITDA now vs peer median 13.7xmedian 20.0x 8.1xmedian 20.0x -194.4xmedian 20.0x
P/FCF now vs peer median 9.6xmedian 30.2x 30.5xmedian 30.2x -11.1xmedian 30.2x
P/B now vs peer median 2.2xmedian 2.9x 1.1xmedian 2.9x 4.0xmedian 2.9x
PEG now vs peer median -2.77median 1.08 0.23median 1.08 -3.41median 1.08

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAUDCGILTAAOI
Revenue $249.25M $487.79M $595.97M
Gross profit $163.86M $147.93M $172.33M
Operating income $14.36M $29.58M -$67.41M
Net income $7.06M $30.27M -$57.02M
Free cash flow $32.61M $19.47M -$600.81M
R&D $54.05M $46.44M $107.61M
EPS (diluted) $0.24 $0.50 $-0.70
Cash & equivalents $51.41M $144.81M $499.74M
Total debt $27.00M $123.15M $57.26M
Shares (diluted) 28.98M 60.40M 81.57M
Enterprise value $40.56M -$75.62M $5.40B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAUDCGILTAAOI
P/E 46.7x 15.8x -113.3x
P/FCF 9.6x 30.5x -11.1x
P/Operating cash flow 11.6x 73.7x -50.7x
P/S 1.3x 1.2x 11.2x
P/B 2.2x 1.1x 4.0x
P/Tangible book 2.9x 1.2x 4.0x
EV/EBITDA 13.7x 8.1x -194.4x
EV/EBIT 18.1x 14.8x -92.6x
EV/Revenue 1.0x 0.9x 10.5x
EV/FCF 8.0x 22.5x -10.4x
EV/Operating cash flow 9.6x 54.2x -47.3x
PEG (3Y EPS CAGR) -2.77 0.23 -3.41

Growth

14 metrics
MetricAUDCGILTAAOI
Revenue growth (1Y) 2.5% 39.5% 61.8%
Revenue CAGR (3Y) -1.3% 23.4% 40.9%
Gross profit growth (1Y) 3.5% 24.3% 62.0%
Gross profit CAGR (3Y) -0.2% 13.6% 73.3%
Operating income growth (1Y) -5.7% 31.8% -40.6%
Operating income CAGR (3Y) -5.0% 10.5% -2.8%
Net income growth (1Y) -48.7% 35.0% 63.4%
Net income CAGR (3Y) -20.0% 71.5% 6.2%
EPS growth (1Y) -45.8% 27.5% 74.5%
EPS CAGR (3Y) -16.9% 67.8% 33.2%
Operating cash flow growth (1Y) -38.9% -72.7% 15.2%
Operating cash flow CAGR (3Y) 50.4% -35.3% -168.6%
Free cash flow growth (1Y) -42.4% -48.4% -146.3%
Free cash flow CAGR (3Y) 39.0% -14.8% -294.2%

Profitability

14 metrics
MetricAUDCGILTAAOI
Gross margin 65.7% 30.3% 28.9%
EBITDA margin 7.6% 11.0% -5.4%
Operating margin 5.8% 6.1% -11.3%
Pretax margin 4.5% 6.3% -10.6%
Net margin 2.8% 6.2% -9.6%
FCF margin 13.1% 4.0% -100.8%
Operating cash flow margin 10.9% 1.7% -22.1%
Return on equity 10.3% 5.8% -4.1%
Return on assets 5.0% 4.1% -2.9%
Return on invested capital 9.1% – -4.2%
Return on capital employed 6.5% 5.3% -4.5%
Asset turnover 0.8x 0.6x 0.3x
Cash conversion (OCF / net income) 3.8x 0.3x 2.3x
Stock comp / revenue 2.4% 3.4% 2.6%

Financial Health

11 metrics
MetricAUDCGILTAAOI
Debt / assets 2.4% 0.3% 2.5%
Debt / equity 0.1x 0.0x 0.0x
Net debt / EBITDA -2.9x -2.9x 13.8x
Debt / FCF 0.2x 0.1x -0.1x
Liabilities / assets 52.8% 28.5% 27.5%
Equity / assets 47.2% 71.5% 72.5%
Interest coverage – – -19.1x
Current ratio 1.9x 2.0x 2.8x
Quick ratio 1.4x 1.5x 1.9x
Cash ratio 0.7x 0.8x 1.2x
Altman Z-score – 1.62 6.57

Shareholder Returns

7 metrics
MetricAUDCGILTAAOI
Dividend yield 3.5% – –
Net buyback yield -13.2% -16.6% -20.2%
Shareholder yield -9.7% -16.6% -20.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAUDCGILTAAOI
Forward P/E 18.1xFY2026 13.0xFY2026 111.5xFY2026
EPS, next fiscal year $0.64FY2026 $0.62FY2026 $0.71FY2026
EPS growth, next FY +4.9%FY2026 -3.1%FY2026 –
EPS growth, the year after +3.1% +17.7% +646.5%
Revenue, next fiscal year $265.51MFY2026 $525.36MFY2026 $994.70MFY2026
Revenue growth, next FY +8.1%FY2026 +16.3%FY2026 +118.3%FY2026
Revenue growth, the year after +1.2% +3.1% +185.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAUDCGILTAAOI
Held by institutions 33.5% 48.0% 60.5%
Institutions holding 67 128 481
Change in shares held, QoQ +7.5% -5.5% -3.5%
Institutions buying 31 65 313
Institutions selling 20 43 143
Buyers to sellers 1.55 1.51 2.19

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AUDCGILTAAOI
AUDC 1.00 0.17 0.21
GILT 0.17 1.00 0.32
AAOI 0.21 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AUDC, GILT and AAOI?

Applied Optoelectronics (AAOI) is the largest by market capitalisation: Audiocodes (AUDC) $313.69M, Gilat Satellite Networks (GILT) $594.34M, Applied Optoelectronics (AAOI) $6.68B.

Which stock is cheaper, AUDC, GILT and AAOI?

Gilat Satellite Networks (GILT) trades on the lowest price-to-earnings ratio (Audiocodes (AUDC) 46.7x, Gilat Satellite Networks (GILT) 15.8x, Applied Optoelectronics (AAOI) -113.3x). On next year's consensus earnings, Gilat Satellite Networks (GILT) is cheapest (Audiocodes (AUDC) 18.1x, Gilat Satellite Networks (GILT) 13.0x, Applied Optoelectronics (AAOI) 111.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Applied Optoelectronics (AAOI) grew revenue fastest over the trailing twelve months: Audiocodes (AUDC) +2.5%, Gilat Satellite Networks (GILT) +39.5%, Applied Optoelectronics (AAOI) +61.8%.

Which company is more profitable?

Gilat Satellite Networks (GILT) has the highest net margin (Audiocodes (AUDC) 2.8%, Gilat Satellite Networks (GILT) 6.2%, Applied Optoelectronics (AAOI) -9.6%). On return on invested capital, Audiocodes (AUDC) leads (Audiocodes (AUDC) 9.1%, Applied Optoelectronics (AAOI) -4.2%).

Which stock has performed better?

Over the past year Applied Optoelectronics (AAOI) returned the most: Audiocodes (AUDC) +29.1%, Gilat Satellite Networks (GILT) -44.3%, Applied Optoelectronics (AAOI) +123.2%. Over five years, Applied Optoelectronics (AAOI) compounded fastest (Audiocodes (AUDC) -20.1%/yr, Gilat Satellite Networks (GILT) -0.3%/yr, Applied Optoelectronics (AAOI) +59.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Audiocodes (AUDC) 3.45%, Gilat Satellite Networks (GILT) 0.00%. Gilat Satellite Networks (GILT) and Applied Optoelectronics (AAOI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Audiocodes (AUDC) has been the steadiest (Audiocodes (AUDC) 42.0%, Gilat Satellite Networks (GILT) 69.5%, Applied Optoelectronics (AAOI) 139.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AUDC, GILT and AAOI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Gilat Satellite Networks (GILT) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.