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 does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year SCKT has reported negative net income.
SCKT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: SCKT reported negative net income in multiple years.
Of the past 5 years SCKT 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -6.67%, SCKT is doing worse than 62.50% of the companies in the same industry.
Looking at the Return On Equity, with a value of -9.88%, SCKT is in line with its industry, outperforming 53.13% of the companies in the same 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
Looking at the Gross Margin, with a value of 49.66%, SCKT belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
SCKT's Gross Margin has been stable in the last couple of years.
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.
Compared to 5 years ago, SCKT has more shares outstanding
Compared to 1 year ago, SCKT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -1.40, we must say that SCKT is in the distress zone and has some risk of bankruptcy.
SCKT has a Altman-Z score of -1.40. This is in the lower half of the industry: SCKT underperforms 78.13% of its industry peers.
A Debt/Equity ratio of 0.15 indicates that SCKT is not too dependend on debt financing.
The Debt to Equity ratio of SCKT (0.15) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.4 |
ROIC/WACCN/A
WACC10.28%
2.3 Liquidity
A Current Ratio of 1.65 indicates that SCKT should not have too much problems paying 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.
SCKT's Quick ratio of 0.81 is on the low side compared to the rest of the industry. SCKT is outperformed by 81.25% of its industry peers.
| 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%.
SCKT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.70% yearly.
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
SCKT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 48.19% yearly.
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
The Price/Earnings Ratio is negative for SCKT. In the last year negative earnings were reported.
Also next year SCKT is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| 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
No dividends for SCKT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SOCKET MOBILE INC
NASDAQ:SCKT (5/3/2024, 11:40:56 AM)
1.09
+0.01 (+0.93%)
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 Cap8.23M
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