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SINGING MACHINE CO INC/THE (MICS) Stock Fundamental Analysis

USA - NASDAQ:MICS - US8293224031 - Common Stock

0.74 USD
+0 (+0.14%)
Last: 9/6/2024, 8:00:00 PM
0.74 USD
0 (0%)
After Hours: 9/6/2024, 8:00:00 PM
Fundamental Rating

2

Overall MICS gets a fundamental rating of 2 out of 10. We evaluated MICS against 61 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.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year MICS has reported negative net income.
MICS had a positive operating cash flow in the past year.
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.
MICS Yearly Net Income VS EBIT VS OCF VS FCFMICS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2M -2M -4M

1.2 Ratios

The Return On Assets of MICS (-19.04%) is worse than 87.69% of its industry peers.
MICS has a worse Return On Equity (-64.08%) than 87.69% of its industry peers.
Industry RankSector Rank
ROA -19.04%
ROE -64.08%
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
MICS Yearly ROA, ROE, ROICMICS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 -40

1.3 Margins

Looking at the Gross Margin, with a value of 21.30%, MICS is doing worse than 76.92% of the companies in the same industry.
MICS's Gross Margin has declined in the last couple of years.
MICS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 21.3%
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%
MICS Yearly Profit, Operating, Gross MarginsMICS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10 20

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5

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
MICS has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, MICS has an improved debt to assets ratio.
MICS Yearly Shares OutstandingMICS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M
MICS Yearly Total Debt VS Total AssetsMICS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M 20M

2.2 Solvency

Based on the Altman-Z score of 0.35, we must say that MICS is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MICS (0.35) is worse than 89.23% of its industry peers.
MICS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 0.35
ROIC/WACCN/A
WACC12.41%
MICS Yearly LT Debt VS Equity VS FCFMICS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2M -2M 4M 6M 8M 10M

2.3 Liquidity

A Current Ratio of 1.46 indicates that MICS should not have too much problems paying its short term obligations.
The Current ratio of MICS (1.46) is worse than 83.08% of its industry peers.
MICS has a Quick Ratio of 1.46. This is a bad value and indicates that MICS is not financially healthy enough and could expect problems in meeting its short term obligations.
MICS has a Quick ratio of 0.77. This is in the lower half of the industry: MICS underperforms 60.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.46
Quick Ratio 0.77
MICS Yearly Current Assets VS Current LiabilitesMICS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M

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1

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 58.49% over the past year.
Looking at the last year, MICS shows a very strong growth in Revenue. The Revenue has grown by 48.62%.
Measured over the past years, MICS shows a decrease in Revenue. The Revenue has been decreasing by -8.36% on average per year.
EPS 1Y (TTM)58.49%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75%
Revenue 1Y (TTM)48.62%
Revenue growth 3Y0.69%
Revenue growth 5Y-8.36%
Sales Q2Q%505.7%

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.
MICS Yearly Revenue VS EstimatesMICS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
MICS Yearly EPS VS EstimatesMICS Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 0.01 0.02 0.03 0.04

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3

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 18.14, which indicates a rather expensive current valuation of MICS.
60.00% of the companies in the same industry are cheaper than MICS, based on the Price/Forward Earnings ratio.
MICS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.53.
Industry RankSector Rank
PE N/A
Fwd PE 18.14
MICS Price Earnings VS Forward Price EarningsMICS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, MICS is valued cheaply inside the industry as 96.92% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 4.26
EV/EBITDA N/A
MICS Per share dataMICS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4

4.3 Compensation for Growth

The 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

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0

5. Dividend

5.1 Amount

MICS does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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SINGING MACHINE CO INC/THE

NASDAQ:MICS (9/6/2024, 8:00:00 PM)

After market: 0.74 0 (0%)

0.74

+0 (+0.14%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)08-14 2024-08-14/amc
Earnings (Next)11-19 2024-11-19/amc
Inst Owners2.75%
Inst Owner Change0%
Ins Owners28.17%
Ins Owner Change0%
Market Cap7.21M
Revenue(TTM)44.93M
Net Income(TTM)-6202850
Analysts82.86
Price Target4.08 (451.35%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.03
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 18.14
P/S 0.16
P/FCF 4.26
P/OCF 4.02
P/B 0.75
P/tB 0.75
EV/EBITDA N/A
EPS(TTM)-0.88
EYN/A
EPS(NY)0.04
Fwd EY5.51%
FCF(TTM)0.17
FCFY23.49%
OCF(TTM)0.18
OCFY24.85%
SpS4.61
BVpS0.99
TBVpS0.99
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -19.04%
ROE -64.08%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 21.3%
FCFM 3.77%
ROA(3y)-4.64%
ROA(5y)-5.19%
ROE(3y)-5.06%
ROE(5y)-11.61%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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%
F-Score4
Asset Turnover1.38
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA N/A
Cap/Depr 29.08%
Cap/Sales 0.22%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.46
Quick Ratio 0.77
Altman-Z 0.35
F-Score4
WACC12.41%
ROIC/WACCN/A
Cap/Depr(3y)73%
Cap/Depr(5y)104.63%
Cap/Sales(3y)0.43%
Cap/Sales(5y)0.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)58.49%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75%
EPS Next Y102.47%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)48.62%
Revenue growth 3Y0.69%
Revenue growth 5Y-8.36%
Sales Q2Q%505.7%
Revenue Next Year1.22%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y6.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y120.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y122.25%
OCF growth 3YN/A
OCF growth 5YN/A

SINGING MACHINE CO INC/THE / MICS FAQ

Can you provide the ChartMill fundamental rating for SINGING MACHINE CO INC/THE?

ChartMill assigns a fundamental rating of 2 / 10 to MICS.


Can you provide the valuation status for SINGING MACHINE CO INC/THE?

ChartMill assigns a valuation rating of 3 / 10 to SINGING MACHINE CO INC/THE (MICS). This can be considered as Overvalued.


What is the profitability of MICS stock?

SINGING MACHINE CO INC/THE (MICS) has a profitability rating of 1 / 10.


How financially healthy is SINGING MACHINE CO INC/THE?

The financial health rating of SINGING MACHINE CO INC/THE (MICS) is 5 / 10.


What is the earnings growth outlook for SINGING MACHINE CO INC/THE?

The Earnings per Share (EPS) of SINGING MACHINE CO INC/THE (MICS) is expected to grow by 102.47% in the next year.