SINGING MACHINE CO INC/THE (MICS)
US8293224031 - Common Stock
MICS gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 68 industry peers in the Household Durables industry. MICS scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. MICS is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year MICS has reported negative net income.
In the past year MICS had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: MICS reported negative net income in multiple years.
In multiple years MICS reported negative operating cash flow during the last 5 years.
1.2 Ratios
MICS has a worse Return On Assets (-22.34%) than 89.55% of its industry peers.
MICS has a worse Return On Equity (-75.21%) than 89.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -22.34% | ||
| ROE | -75.21% | ||
| ROIC | N/A |
ROA(3y)-4.64%
ROA(5y)-5.19%
ROE(3y)-5.06%
ROE(5y)-11.61%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MICS's Gross Margin of 22.86% is on the low side compared to the rest of the industry. MICS is outperformed by 67.16% of its industry peers.
MICS's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for MICS so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 22.86% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.32%
GM growth 5Y-1.88%
2. Health
2.1 Basic Checks
MICS does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, MICS has more shares outstanding
Compared to 5 years ago, MICS has less shares outstanding
The debt/assets ratio for MICS has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.28, we must say that MICS is in the distress zone and has some risk of bankruptcy.
MICS has a worse Altman-Z score (-0.28) than 88.06% of its industry peers.
There is no outstanding debt for MICS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | -0.28 |
ROIC/WACCN/A
WACC15.16%
2.3 Liquidity
MICS has a Current Ratio of 1.46. This is a normal value and indicates that MICS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.46, MICS is doing worse than 86.57% of the companies in the same industry.
A Quick Ratio of 0.77 indicates that MICS may have some problems paying its short term obligations.
With a Quick ratio value of 0.77, MICS is not doing good in the industry: 70.15% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
MICS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -321.15%.
MICS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -45.05%.
The Revenue has been decreasing by -8.36% on average over the past years.
EPS 1Y (TTM)-321.15%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-75%
Revenue 1Y (TTM)-45.05%
Revenue growth 3Y0.69%
Revenue growth 5Y-8.36%
Revenue growth Q2Q-6.9%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y102.47%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.22%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for MICS. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 18.13, which indicates a rather expensive current valuation of MICS.
Based on the Price/Forward Earnings ratio, MICS is valued a bit more expensive than 62.69% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.27, MICS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.13 |
4.2 Price Multiples
97.01% of the companies in the same industry are more expensive than MICS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.55 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
MICS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for MICS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SINGING MACHINE CO INC/THE
NASDAQ:MICS (4/19/2024, 3:30:01 PM)
0.7399
-0.04 (-5.14%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.75M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.13 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -22.34% | ||
| ROE | -75.21% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 22.86% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-321.15%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y102.47%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-45.05%
Revenue growth 3Y0.69%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y