SOCKET MOBILE INC (SCKT)
US83368E2000 - Common Stock
SCKT gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 32 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the profitability and financial health of SCKT have multiple concerns. SCKT is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
SCKT had negative earnings in the past year.
In the past year SCKT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: SCKT reported negative net income in multiple years.
SCKT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of -6.67%, SCKT perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
SCKT has a Return On Equity (-9.88%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.67% | ||
| ROE | -9.88% | ||
| ROIC | N/A |
ROA(3y)3.7%
ROA(5y)-1.68%
ROE(3y)4.28%
ROE(5y)-2.86%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Gross Margin value of 49.66%, SCKT belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
In the last couple of years the Gross Margin of SCKT has remained more or less at the same level.
SCKT does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 49.66% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.17%
GM growth 5Y-0.69%
2. Health
2.1 Basic Checks
SCKT does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SCKT has been increased compared to 1 year ago.
SCKT has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SCKT is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -1.42, we must say that SCKT is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SCKT (-1.42) is worse than 75.00% of its industry peers.
SCKT has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
SCKT's Debt to Equity ratio of 0.15 is in line compared to the rest of the industry. SCKT outperforms 56.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.42 |
ROIC/WACCN/A
WACC10.1%
2.3 Liquidity
SCKT has a Current Ratio of 1.65. This is a normal value and indicates that SCKT is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.65, SCKT is not doing good in the industry: 65.63% of the companies in the same industry are doing better.
A Quick Ratio of 0.81 indicates that SCKT may have some problems paying its short term obligations.
With a Quick ratio value of 0.81, SCKT is not doing good in the industry: 81.25% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
SCKT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -225.00%.
SCKT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.78%.
Measured over the past years, SCKT shows a small growth in Revenue. The Revenue has been growing by 0.70% on average per year.
EPS 1Y (TTM)-225%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q500%
Revenue 1Y (TTM)-19.78%
Revenue growth 3Y2.75%
Revenue growth 5Y0.7%
Revenue growth Q2Q-14.93%
3.2 Future
The Earnings Per Share is expected to grow by 48.19% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 6.70% on average over the next years.
EPS Next Y25.46%
EPS Next 2Y48.19%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.41%
Revenue Next 2Y6.7%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
SCKT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for SCKT. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SCKT's earnings are expected to grow with 48.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y48.19%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SCKT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SOCKET MOBILE INC
NASDAQ:SCKT (4/25/2024, 7:16:25 PM)
After market: 1.05 +0.04 (+3.95%)1.0101
-0.03 (-2.88%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap7.63M
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 | N/A | ||
| 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 | -6.67% | ||
| ROE | -9.88% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 49.66% | ||
| 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 Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.81 | ||
| 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)-225%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y25.46%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-19.78%
Revenue growth 3Y2.75%
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