WallStreetZenWallStreetZen

NASDAQ: MICS
Singing Machine Co Inc Stock

$1.03+0.16 (+18.39%)
Updated Apr 25, 2024
MICS Price
$1.03
Fair Value Price
N/A
Market Cap
$6.61M
52 Week Low
$0.61
52 Week High
$2.66
P/E
-0.43x
P/B
0.87x
P/S
0.15x
PEG
N/A
Dividend Yield
N/A
Revenue
$32.58M
Earnings
-$9.38M
Gross Margin
21.4%
Operating Margin
-23.14%
Profit Margin
-28.8%
Debt to Equity
2.66
Operating Cash Flow
$2M
Beta
0.16
Next Earnings
Apr 29, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MICS Overview

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. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone accessories and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware. The company primarily sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms. The Singing Machine Company, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida.

Zen Score

Industry Average (24)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MICS scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MICS is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
MICS is good value based on its book value relative to its share price (0.87x), compared to the US Consumer Electronics industry average (20.78x)
P/B vs Industry Valuation
MICS is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more MICS due diligence checks available for Premium users.

Be the first to know about important MICS news, forecast changes, insider trades & much more!

MICS News

Valuation

MICS fair value

Fair Value of MICS stock based on Discounted Cash Flow (DCF)
Price
$1.03
Fair Value
-$0.24
Undervalued by
521.61%
MICS is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MICS price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.43x
Industry
24.55x
Market
40.97x

MICS price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.87x
Industry
20.78x
MICS is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MICS's financial health

Profit margin

Revenue
$10.6M
Net Income
-$4.0M
Profit Margin
-37.9%
MICS's Earnings (EBIT) of -$7.54M... subscribe to Premium to read more.
Interest Coverage Financials
MICS's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$27.7M
Liabilities
$20.1M
Debt to equity
2.66
MICS's short-term assets ($23.21M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MICS's short-term assets ($23.21M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MICS's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MICS's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$1.6M
Investing
$118.0
Financing
$1.9M
MICS's operating cash flow ($2.34M)... subscribe to Premium to read more.
Debt Coverage Financials

MICS vs Consumer Electronic Stocks

TickerMarket Cap1d %P/EP/B
MICS$6.61M+18.39%-0.43x0.87x
WLDS$7.54M-20.09%-0.77x1.37x
WTO$3.69M+17.24%-0.29x0.78x
MSN$11.51M0.00%6.08x0.42x
KOSS$22.45M-0.98%-20.22x0.72x

Singing Machine Co Stock FAQ

What is Singing Machine Co's quote symbol?

(NASDAQ: MICS) Singing Machine Co trades on the NASDAQ under the ticker symbol MICS. Singing Machine Co stock quotes can also be displayed as NASDAQ: MICS.

If you're new to stock investing, here's how to buy Singing Machine Co stock.

What is the 52 week high and low for Singing Machine Co (NASDAQ: MICS)?

(NASDAQ: MICS) Singing Machine Co's 52-week high was $2.66, and its 52-week low was $0.61. It is currently -61.28% from its 52-week high and 68.58% from its 52-week low.

How much is Singing Machine Co stock worth today?

(NASDAQ: MICS) Singing Machine Co currently has 6,418,061 outstanding shares. With Singing Machine Co stock trading at $1.03 per share, the total value of Singing Machine Co stock (market capitalization) is $6.61M.

Singing Machine Co stock was originally listed at a price of $50.01 in Dec 31, 1997. If you had invested in Singing Machine Co stock at $50.01, your return over the last 26 years would have been -97.94%, for an annualized return of -13.87% (not including any dividends or dividend reinvestments).

How much is Singing Machine Co's stock price per share?

(NASDAQ: MICS) Singing Machine Co stock price per share is $1.03 today (as of Apr 25, 2024).

What is Singing Machine Co's Market Cap?

(NASDAQ: MICS) Singing Machine Co's market cap is $6.61M, as of Apr 26, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Singing Machine Co's market cap is calculated by multiplying MICS's current stock price of $1.03 by MICS's total outstanding shares of 6,418,061.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.