Socket Mobile Shares Owned By Institutions vs. Market Capitalization

SCKT Stock  USD 1.47  0.01  0.68%   
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. 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 Market Capitalization vs. Shares Owned By Institutions 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 shares owned by institutions category among its peers. It is rated below average in market capitalization category among its peers creating about  3,221,631  of Market Capitalization per Shares Owned By Institutions. At this time, Socket Mobile's Market Cap 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 Market Capitalization vs. Shares Owned By Institutions

Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Socket Mobile

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
3.42 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Socket Mobile

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
11.03 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Socket Market Capitalization vs Competition

Socket Mobile is rated below average in market capitalization category among its peers. Market capitalization of Information Technology industry is at this time estimated at about 9.42 Billion. Socket Mobile adds roughly 11.03 Million in market capitalization claiming only tiny portion of equities under Information Technology industry.
Capitalization  Workforce  Revenue  Valuation  Total debt

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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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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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.