The Singing Machine Stock Fundamentals

MICSDelisted Stock  USD 0.35  0.05  16.67%   
The Singing Machine fundamentals help investors to digest information that contributes to Singing Machine's financial success or failures. It also enables traders to predict the movement of Singing Stock. The fundamental analysis module provides a way to measure Singing Machine's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Singing Machine stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

The Singing Machine Company Return On Asset Analysis

Singing Machine's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Singing Machine Return On Asset

    
  -0.13  
Most of Singing Machine's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, The Singing Machine is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, The Singing Machine has a Return On Asset of -0.128. This is 95.57% lower than that of the Textiles, Apparel & Luxury Goods sector and 98.59% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 8.57% lower than that of the firm.

Singing Machine Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Singing Machine's current stock value. Our valuation model uses many indicators to compare Singing Machine value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Singing Machine competition to find correlations between indicators driving Singing Machine's intrinsic value. More Info.
The Singing Machine is rated below average in return on equity category among its peers. It is regarded fifth in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Singing Machine by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Singing Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Singing Machine's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Singing Machine could also be used in its relative valuation, which is a method of valuing Singing Machine by comparing valuation metrics of similar companies.
Singing Machine is currently under evaluation in return on asset category among its peers.

Singing Fundamentals

About Singing Machine Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze The Singing Machine's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Singing Machine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Singing Machine based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Europe, and Australia. The Singing Machine Company, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida. Singing Machine operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 32 people.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Other Consideration for investing in Singing Stock

If you are still planning to invest in Singing Machine check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Singing Machine's history and understand the potential risks before investing.
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