Socket Mobile Revenue vs. Price To Book

SCKT Stock  USD 1.44  0.04  2.86%   
Based on the measurements of profitability obtained from Socket Mobile's financial statements, Socket Mobile may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Socket Mobile's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
1994-03-31
Previous Quarter
5.1 M
Current Value
3.9 M
Quarterly Volatility
1.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Socket Mobile's Days Sales Outstanding is comparatively stable compared to the past year. Operating Cash Flow Sales Ratio is likely to gain to 0 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.15 in 2024. At this time, Socket Mobile's Interest Income is comparatively stable compared to the past year. Net Income Per E B T is likely to gain to 0.63 in 2024, whereas Operating Income is likely to drop (3.3 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.380.4968
Way Down
Slightly volatile
For Socket Mobile profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Socket Mobile to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Socket Mobile utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Socket Mobile's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Socket Mobile over time as well as its relative position and ranking within its peers.
  
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Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Socket Mobile. If investors know Socket will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Socket Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Earnings Share
(0.18)
Revenue Per Share
2.448
Quarterly Revenue Growth
0.208
Return On Assets
(0.06)
The market value of Socket Mobile is measured differently than its book value, which is the value of Socket that is recorded on the company's balance sheet. Investors also form their own opinion of Socket Mobile's value that differs from its market value or its book value, called intrinsic value, which is Socket Mobile's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Socket Mobile's market value can be influenced by many factors that don't directly affect Socket Mobile's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Socket Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Socket Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Socket Mobile's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Socket Mobile Price To Book vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Socket Mobile's current stock value. Our valuation model uses many indicators to compare Socket Mobile value to that of its competitors to determine the firm's financial worth.
Socket Mobile is rated below average in revenue category among its peers. It is rated below average in price to book category among its peers . The ratio of Revenue to Price To Book for Socket Mobile is about  27,937,663 . At this time, Socket Mobile's Total Revenue is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Socket Mobile 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.

Socket Revenue vs. Competition

Socket Mobile is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is at this time estimated at about 2.13 Billion. Socket Mobile maintains roughly 17.03 Million in revenue contributing less than 1% to equities under Information Technology industry.

Socket Price To Book vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Socket Mobile

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
17.03 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Socket Mobile

P/B

 = 

MV Per Share

BV Per Share

 = 
0.61 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Socket Price To Book Comparison

Socket Mobile is currently under evaluation in price to book category among its peers.

Socket Mobile Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Socket Mobile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Socket Mobile will eventually generate negative long term returns. The profitability progress is the general direction of Socket Mobile's change in net profit over the period of time. It can combine multiple indicators of Socket Mobile, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income-3.1 M-3.3 M
Net Loss-1.9 M-2 M
Income Tax Expense-1.4 M-1.5 M
Income Before Tax-3.4 M-3.5 M
Total Other Income Expense Net-242.2 K-254.3 K
Net Income Applicable To Common Shares78.3 K74.4 K
Net Loss-2.3 M-2.2 M
Non Operating Income Net Other1.2 M616.1 K
Interest Income90.6 K115.1 K
Net Interest Income-211.1 K-221.6 K
Change To Netincome-1.4 M-1.3 M
Net Loss(0.27)(0.28)
Income Quality(0.03)(0.03)
Net Income Per E B T 0.57  0.63 

Socket Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Socket Mobile. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Socket Mobile position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Socket Mobile's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Socket Mobile without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Technical Analysis

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Use Investing Themes to Complement your Socket Mobile position

In addition to having Socket Mobile in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Crypto And Gold
Crypto And Gold Theme
Assets that cancel away each other volatility by providing diversification into gold investment combined with digital assets. The Crypto And Gold theme has 54 constituents at this time.
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Additional Tools for Socket Stock Analysis

When running Socket Mobile's price analysis, check to measure Socket Mobile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Socket Mobile is operating at the current time. Most of Socket Mobile's value examination focuses on studying past and present price action to predict the probability of Socket Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socket Mobile's price. Additionally, you may evaluate how the addition of Socket Mobile to your portfolios can decrease your overall portfolio volatility.