Amdocs (DOX) Stock Insights
DOX$62.21+0.44 +0.71%
$6.69B
Market Cap
14.85
P/E
7.76
Forward P/E
58
Score
Amdocs (DOX) Stock Insights
DOX price $62.21 +0.44 +0.71%
- Ticker
- DOX
- Price
- $62.21
- Change
- +0.44 +0.71%
- Market cap ?
- $6.69B
- P/E ?
- 14.85
- Forward P/E ?
- 7.76
- Dividend yield ?
- 3.56%
- Beta ?
- 0.45
- Sector
- Technology
- Industry
- Software - Infrastructure
- Stocklytics score
- 58
- Value
- 79
- Quality
- 62
- Growth
- 32
Stocklytics score rationale: value 79, quality 62, growth 32.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 3718229000 | 3867155000 | 3974837000 | 4086669000 | 4169039000 | 4288640000 | 4576697000 | 4887550000 | 5004989000 | 4532913000 |
Amdocs Limited is a global provider of software solutions and associated services, operating through its various subsidiaries worldwide. The company is actively involved in the full lifecycle of its cloud-based portfolio, from designing and developing to operating, implementing, supporting, and marketing these open and modular offerings. Its diverse product lineup includes CES21, a leading customer experience suite…
Fair value
DOX fair value $235.64. Price $62.21. Price is 74% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 94% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 638.84M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 107.57M. Net debt 501.40M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-10 | — | 1.98 | — | 1.19B |
| 2026-08-05 | 1.84 | 1.84 | 1.17B | 1.18B |
| 2026-05-13 | 1.78 | 1.77 | 1.17B | 1.17B |
| 2026-02-03 | 1.81 | 1.75 | 1.16B | 1.15B |
| 2025-11-11 | 1.83 | 1.82 | 1.15B | 1.15B |
| 2025-08-06 | 1.72 | 1.71 | 1.14B | 1.15B |
| 2025-05-07 | 1.78 | 1.71 | 1.13B | 1.16B |
| 2025-02-04 | 1.66 | 1.64 | 1.11B | 1.12B |
| 2024-11-12 | 1.70 | 1.70 | 1.26B | 1.26B |
| 2024-08-07 | 1.62 | 1.60 | 1.25B | 1.25B |
| 2024-05-08 | 1.56 | 1.57 | 1.25B | 1.25B |
| 2024-02-06 | 1.56 | 1.56 | 1.25B | 1.24B |
| 2023-11-07 | 1.42 | 1.42 | 1.24B | 1.24B |
| 2023-08-02 | 1.57 | 1.48 | 1.24B | 1.24B |
| 2023-05-10 | 1.47 | 1.47 | 1.22B | 1.22B |
| 2023-01-31 | 1.45 | 1.34 | 1.19B | 1.18B |
| 2022-11-08 | 1.29 | 1.29 | 1.17B | 1.17B |
| 2022-08-03 | 1.27 | 1.27 | 1.16B | 1.16B |
| 2022-05-11 | 1.54 | 1.25 | 1.15B | 1.13B |
| 2022-02-01 | 1.20 | 1.18 | 1.10B | 1.10B |
| 2021-11-02 | 1.16 | 1.18 | 1.09B | 1.09B |
| 2021-08-04 | 1.35 | 1.18 | 1.07B | 1.06B |
| 2021-05-12 | 1.13 | 1.13 | 1.05B | 1.04B |
| 2021-02-02 | 1.16 | 1.13 | 1.09B | 1.07B |
| 2020-11-10 | 1.23 | 1.19 | 1.05B | 1.02B |
| 2020-08-05 | 1.07 | 1.05 | 1.03B | 1.03B |
| 2020-05-07 | 1.08 | 1.06 | 1.05B | 1.03B |
| 2020-02-04 | 1.06 | 1.05 | 1.04B | 1.03B |
| 2019-11-12 | 1.08 | 1.08 | 1.03B | 1.03B |
| 2019-08-07 | 1.19 | 1.11 | 1.02B | 955.82M |
| 2019-05-14 | 1.06 | 1.03 | 1.02B | 990.80M |
| 2019-02-05 | 0.98 | 0.99 | 1.01B | 1.02B |
| 2018-11-08 | 0.99 | 0.98 | 1.00B | 1.00B |
| 2018-07-31 | 1.03 | 1.03 | 1.00B | 1.00B |
| 2018-05-10 | 0.95 | 0.95 | 992.34M | 992.30M |
| 2018-01-30 | 1.06 | 0.97 | 977.71M | 894.69M |
| 2017-11-08 | 0.94 | 0.95 | 979.72M | 990.12M |
| 2017-08-02 | 1.02 | 0.96 | 966.70M | 909.84M |
| 2017-05-09 | 0.94 | 0.93 | 966.01M | 955.72M |
| 2017-02-01 | 0.90 | 0.90 | 954.73M | 954.70M |
Dividends
Yield 3.59%. Payout ratio 51.08%. Frequency Quarterly.
Safety score 95/100 · Safe. Payout ratio is 51% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 15 separate years. Yield is 3.6%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-09-30 | $0.57 | 2026-09-30 | 2026-10-30 | Quarterly |
| 2026-06-30 | $0.57 | 2026-06-30 | 2026-07-31 | Quarterly |
| 2026-03-31 | $0.57 | 2026-03-31 | 2026-04-24 | Quarterly |
| 2025-12-31 | $0.53 | 2025-12-31 | 2026-01-30 | Quarterly |
| 2025-09-30 | $0.53 | 2025-09-30 | 2025-10-31 | Quarterly |
| 2025-06-30 | $0.53 | 2025-06-30 | 2025-07-25 | Quarterly |
| 2025-03-31 | $0.53 | 2025-03-31 | 2025-04-25 | Quarterly |
| 2024-12-31 | $0.48 | 2024-12-31 | 2025-01-31 | Quarterly |
| 2024-09-30 | $0.48 | 2024-09-30 | 2024-10-25 | Quarterly |
| 2024-06-28 | $0.48 | 2024-06-28 | 2024-07-26 | Quarterly |
| 2024-03-27 | $0.48 | 2024-03-29 | 2024-04-26 | Quarterly |
| 2023-12-28 | $0.43 | 2023-12-29 | 2024-01-26 | Quarterly |
| 2023-09-28 | $0.43 | 2023-09-29 | 2023-10-27 | Quarterly |
| 2023-06-29 | $0.43 | 2023-06-30 | 2023-07-28 | Quarterly |
| 2023-03-30 | $0.43 | 2023-03-31 | 2023-04-28 | Quarterly |
| 2022-12-29 | $0.40 | 2022-12-30 | 2023-01-27 | Quarterly |
| 2022-09-29 | $0.40 | 2022-09-30 | 2022-10-28 | Quarterly |
| 2022-06-29 | $0.40 | 2022-06-30 | 2022-07-29 | Quarterly |
| 2022-03-30 | $0.40 | 2022-03-31 | 2022-04-29 | Quarterly |
| 2021-12-30 | $0.36 | 2021-12-31 | 2022-01-28 | Quarterly |
| 2021-09-29 | $0.36 | 2021-09-30 | 2021-10-29 | Quarterly |
| 2021-06-29 | $0.36 | 2021-06-30 | 2021-07-23 | Quarterly |
| 2021-03-30 | $0.36 | 2021-03-31 | 2021-04-23 | Quarterly |
| 2020-12-30 | $0.33 | 2020-12-31 | 2021-01-22 | Quarterly |
| 2020-09-29 | $0.33 | 2020-09-30 | 2020-10-23 | Quarterly |
| 2020-06-29 | $0.33 | 2020-06-30 | 2020-07-24 | Quarterly |
| 2020-03-30 | $0.33 | 2020-03-31 | 2020-04-24 | Quarterly |
| 2019-12-30 | $0.28 | 2019-12-31 | 2020-01-24 | Quarterly |
| 2019-09-27 | $0.28 | 2019-09-30 | 2019-10-25 | Quarterly |
| 2019-06-27 | $0.28 | 2019-06-28 | 2019-07-19 | Quarterly |
| 2019-03-28 | $0.28 | 2019-03-29 | 2019-04-19 | Quarterly |
| 2018-12-28 | $0.25 | 2018-12-31 | 2019-01-18 | Quarterly |
| 2018-09-27 | $0.25 | 2018-09-28 | 2018-10-19 | Quarterly |
| 2018-06-28 | $0.25 | 2018-06-29 | 2018-07-20 | Quarterly |
| 2018-03-28 | $0.25 | 2018-03-30 | 2018-04-20 | Quarterly |
| 2017-12-28 | $0.22 | 2017-12-29 | 2018-01-19 | Quarterly |
| 2017-09-28 | $0.22 | 2017-09-29 | 2017-10-20 | Quarterly |
| 2017-06-28 | $0.22 | 2017-06-30 | 2017-07-14 | Quarterly |
| 2017-03-29 | $0.22 | 2017-03-31 | 2017-04-14 | Quarterly |
| 2016-12-28 | $0.20 | 2016-12-30 | 2017-01-13 | Quarterly |
| 2016-09-28 | $0.20 | 2016-09-30 | 2016-10-21 | Quarterly |
| 2016-06-28 | $0.20 | 2016-06-30 | 2016-07-15 | Quarterly |
| 2016-03-29 | $0.20 | 2016-03-31 | 2016-04-15 | Quarterly |
| 2015-12-29 | $0.17 | 2015-12-31 | 2016-01-15 | Quarterly |
| 2015-09-28 | $0.17 | 2015-09-30 | 2015-10-16 | Quarterly |
| 2015-06-26 | $0.17 | 2015-06-30 | 2015-07-17 | Quarterly |
| 2015-03-27 | $0.17 | 2015-03-31 | 2015-04-16 | Quarterly |
| 2014-12-29 | $0.15 | 2014-12-31 | 2015-01-16 | Quarterly |
| 2014-09-26 | $0.15 | 2014-09-30 | 2014-10-17 | Quarterly |
| 2014-06-26 | $0.15 | 2014-06-30 | 2014-07-18 | Quarterly |
| 2014-03-27 | $0.15 | 2014-03-31 | 2014-04-17 | Quarterly |
| 2013-12-27 | $0.13 | 2013-12-31 | 2014-01-17 | Quarterly |
| 2013-09-26 | $0.13 | 2013-09-30 | 2013-10-18 | Quarterly |
| 2013-06-26 | $0.13 | 2013-06-28 | 2013-07-19 | Quarterly |
| 2013-03-26 | $0.13 | 2013-03-28 | 2013-04-19 | Quarterly |
| 2012-12-27 | $0.13 | 2012-12-31 | 2013-01-18 | Quarterly |
| 2012-09-26 | $0.13 | 2012-09-30 | 2012-10-19 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-01 | Rozenfeld Tal | Other | 0 | — | — |
| 2026-05-29 | Smith Matthew E. | Sell | 464 | $62.51 | 29.00K |
| 2026-05-13 | Hortig Shimie | Buy | 84.48K | — | — |
| 2026-03-31 | Hortig Shimie | Other | 0 | — | — |
| 2026-03-18 | Davis Sarah R. | Other | 0 | — | — |
| 2026-03-18 | Kanouff Yvette | Other | 0 | — | — |
| 2026-03-18 | Rapaport-Dagim Tamar | Other | 0 | — | — |
| 2026-03-18 | DE LA VEGA RAFAEL | Other | 0 | — | — |
| 2026-03-18 | Gardner Adrian | Other | 0 | — | — |
| 2026-03-18 | Gardner Adrian | Other | 0 | — | — |
| 2026-03-18 | Genish Amos | Other | 0 | — | — |
| 2026-03-18 | Gelman Eliahu Meir | Other | 0 | — | — |
| 2026-03-18 | MORALI VERONIQUE | Other | 0 | — | — |
| 2026-03-18 | MacDonald John Anthony | Other | 0 | — | — |
| 2026-03-18 | Smith Matthew E. | Other | 0 | — | — |
| 2026-03-18 | Smith Matthew E. | Other | 2.68K | $55.88 | 149.93K |
| 2026-03-18 | Smith Matthew E. | Other | 3.13K | $71.95 | 224.99K |
| 2026-03-18 | Smith Matthew E. | Other | 925 | $67.46 | 62.40K |
| 2026-03-18 | MINICUCCI ROBERT A | Other | 0 | — | — |
| 2026-03-18 | MINICUCCI ROBERT A | Other | 0 | — | — |
| 2026-03-18 | Raheja Rajat | Other | 1.56K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 465, holders -27 vs prior quarter. Ownership 97.70%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| PZENA INVESTMENT MANAGEMENT LLC | 13.99M | 1.30M | +10.28% | 706.82M |
| FMR LLC | 10.03M | -1.39M | -12.14% | 507.03M |
| BEUTEL, GOODMAN & CO LTD. | 4.61M | -670.04K | -12.68% | 233.20M |
| BRANDES INVESTMENT PARTNERS, LP | 4.58M | -73.45K | -1.58% | 231.56M |
| LSV ASSET MANAGEMENT | 4.51M | 507.25K | +12.67% | 227.97M |
| BLACKROCK, INC. | 4.38M | 1.02M | +30.26% | 221.13M |
| DIMENSIONAL FUND ADVISORS LP | 4.10M | 632.31K | +18.25% | 207.03M |
| FEDERATED HERMES, INC. | 3.14M | 436.19K | +16.12% | 158.82M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.75M | 13.97K | +0.51% | 139.14M |
| AQR CAPITAL MANAGEMENT LLC | 2.63M | 342.60K | +14.98% | 132.92M |
| GEODE CAPITAL MANAGEMENT, LLC | 2.14M | 141.14K | +7.07% | 110.79M |
| NORDEA INVESTMENT MANAGEMENT AB | 1.80M | -298.14K | -14.19% | 91.64M |
| NEUBERGER BERMAN GROUP LLC | 1.80M | -7.20K | -0.40% | 90.94M |
| DIGITALBRIDGE GROUP, INC. | 1.79M | 313.79K | +21.29% | 90.36M |
| AMERICAN CENTURY COMPANIES INC | 1.46M | -8.58K | -0.59% | 73.62M |
| FIRST TRUST ADVISORS LP | 1.38M | 302.49K | +28.08% | 69.73M |
| MORGAN STANLEY | 1.37M | -8.15K | -0.59% | 69.25M |
| STIFEL FINANCIAL CORP | 1.36M | 72.96K | +5.67% | 68.72M |
| STATE STREET CORP | 1.33M | -115.61K | -8.03% | 67.73M |
| GOLDMAN SACHS GROUP INC | 1.30M | 262.15K | +25.26% | 65.70M |
| BANK OF AMERICA CORP /DE/ | 1.25M | -12.67K | -1.00% | 63.15M |
| NORTHERN TRUST CORP | 1.21M | 10.51K | +0.88% | 61.01M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.19M | 295.14K | +32.95% | 60.19M |
| CRAWFORD INVESTMENT COUNSEL INC | 1.19M | 55.89K | +4.94% | 59.99M |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 1.15M | -13.04K | -1.12% | 58.03M |
Insights
- Revenue by product
- Revenue by region
| Period | Value |
|---|---|
| FY2011 | Customer Experience Systems: 2978288000.0, Directory: 199440000.0 |
| FY2012 | Customer Experience Systems: 3066170000.0, Directory: 180733000.0 |
| FY2013 | Customer Experience Systems: 3185637000.0, Directory: 160217000.0 |
| FY2014 | Customer Experience Solutions: 3435478000.0, Directory: 128159000.0 |
| FY2015 | Customer Experience Solutions: 3542531000.0, Directory: 101007000.0 |
| FY2016 | Customer Experience Solutions: 3629698000.0, Directory: 88531000.0 |
| FY2017 | Customer Experience Solutions: 3809088000.0, Directory: 58067000.0 |
| FY2018 | AmdocsONE: 3930186000.0, Directory: 44651000.0 |
| FY2019 | Managed services program arrangements: 2246279000.0, Other: 1840390000.0 |
| FY2020 | Managed services arrangements: 2398691000.0, Other: 1770348000.0 |
| FY2021 | Managed services arrangements: 2546330000.0, Other: 1742310000.0 |
| FY2022 | Managed services arrangements: 2755486000.0, Other: 1821211000.0 |
| FY2023 | Managed services arrangements: 2856621000.0, Other: 2030929000.0 |
| FY2024 | Managed services arrangements: 2904924000.0, Others: 2100065000.0 |
| FY2025 | Managed services arrangements: 2995763000.0, Others: 1537150000.0 |
| Period | Value |
|---|---|
| FY2011 | Canada: 433923000.0, Europe: 403115000.0, Rest of the world: 441517000.0, United States: 1899173000.0 |
| FY2012 | Europe: 441731000.0, Rest of the world: 539062000.0, United States: 2266110000.0 |
| FY2013 | Segment Geographical Groups Of Countries Group One: 398400000.0, Segment Geographical Groups Of Countries Group Three: 2423067000.0, Segment Geographical Groups Of Countries Group Two: 524387000.0 |
| FY2014 | Europe: 450669000.0, North America: 2589613000.0, Rest Of World: 523355000.0 |
| FY2015 | Europe: 422095000.0, North America: 2555539000.0, Rest Of World: 665904000.0 |
| FY2016 | Europe: 513295000.0, North America: 2381122000.0, Rest Of World: 823812000.0 |
| FY2017 | Europe: 488932000.0, North America: 2546290000.0, Rest Of World: 831933000.0 |
| FY2018 | Europe: 572196000.0, North America: 2550234000.0, Rest Of World: 852407000.0 |
| FY2019 | Europe: 598731000.0, North America: 2582719000.0, Rest Of World: 905219000.0 |
| FY2020 | Europe: 613751000.0, Rest Of World: 834377000.0 |
| FY2021 | Europe: 622780000.0, North America (Mainly United States): 2791472000.0, Rest Of World: 874388000.0 |
| FY2022 | Europe: 582192000.0, North America (Mainly United States): 3100038000.0, Rest Of World: 894467000.0 |
| FY2023 | Europe: 703141000.0, North America (Mainly United States): 3306988000.0, Rest Of World: 877421000.0 |
| FY2024 | Europe: 726226000.0, North America (Mainly United States): 3325967000.0, Rest Of World: 952796000.0 |
| FY2025 | Europe: 705107000.0, North America (Mainly United States): 2983553000.0, Rest Of World: 844253000.0 |
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