Amdocs Limited (DOX) – AI and partnerships drive strong quarter

Amdocs Limited (DOX) (Q3FY23)

Stock Performance: Amdocs stock price decreased by 0.80% in the past 1-year. The stock has a 52-week high of $99.75 and its 52-week low is $79.43. The price decreased by 0.80% in the past 1-year. It had a 52-week high of $99.75 and a 52-week low is $79.43.

Q3FY23 Performance: The company reported revenue of $1.23bn, up 6.5% as reported and up 6.9% in constant currency. Non-GAAP diluted EPS of $1.32.

DOX’ generated a free cash flow of $144mn in Q3. This was comprised of cash flow from operations of approximately $173mn, less $29mn in net capital expenditures.

Guidance: For FY23, Amdocs anticipates revenue growth of 6.3% to 7.1% on a reported basis. On a constant currency basis, revenues are projected to increase in the band of 7.2-8% Y/Y. Non-GAAP diluted EPS is expected to grow 11-12%.

Highlights

The growth of Amdocs’ managed services business is also a positive sign for the broader managed services market, indicating a growing demand for managed services from businesses of all sizes. This suggests that the managed services market is poised for continued growth in the coming years.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 33

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