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NASDAQ: MICS
Singing Machine Co Inc Stock

$1.08+0.06 (+5.88%)
Updated Mar 4, 2024
MICS Price
$1.08
Fair Value Price
-$0.51
Market Cap
$4.56M
52 Week Low
$0.61
52 Week High
$2.90
P/E
-0.47x
P/B
0.47x
P/S
0.15x
PEG
N/A
Dividend Yield
N/A
Revenue
$29.05M
Earnings
-$7.28M
Gross Margin
22.9%
Operating Margin
-21.35%
Profit Margin
-25.1%
Debt to Equity
2.37
Operating Cash Flow
$2M
Beta
0.14
Next Earnings
N/A
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)
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Due Diligence Checks

MICS ($1.08) is overvalued by 310.32% relative to our estimate of its Fair Value price of -$0.51 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
MICS ($1.08) is not significantly undervalued (310.32%) relative to our estimate of its Fair Value price of -$0.51 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
MICS is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more MICS due diligence checks available for Premium users.

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MICS News

Valuation

MICS fair value

Fair Value of MICS stock based on Discounted Cash Flow (DCF)
Price
$1.08
Fair Value
-$0.51
Undervalued by
310.32%
MICS ($1.08) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MICS ($1.08) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
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
-0.47x
Industry
25.07x
Market
36.03x

MICS price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.47x
Industry
21.42x
MICS is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MICS's financial health

Profit margin

Revenue
$15.9M
Net Income
$97.5k
Profit Margin
0.6%
MICS's Earnings (EBIT) of -$6.20M... 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
$32.6M
Liabilities
$22.9M
Debt to equity
2.37
MICS's short-term assets ($27.78M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MICS's short-term assets ($27.78M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MICS's debt relative to shareholder... 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
$1.4M
Investing
$28.4k
Financing
-$79.9k
MICS's operating cash flow ($2.08M)... subscribe to Premium to read more.
Debt Coverage Financials

MICS vs Consumer Electronic Stocks

TickerMarket Cap1d %P/EP/B
MICS$4.56M+5.88%-0.47x0.47x
WTO$3.22M-7.78%-0.25x0.68x
WLDS$7.56M-1.25%-0.78x0.99x
MSN$10.86M0.00%5.73x0.40x
KOSS$23.29M+0.64%-20.97x0.74x

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 $2.90, and its 52-week low was $0.61. It is currently -62.76% from its 52-week high and 76.76% from its 52-week low.

How much is Singing Machine Co stock worth today?

(NASDAQ: MICS) Singing Machine Co currently has 4,220,259 outstanding shares. With Singing Machine Co stock trading at $1.08 per share, the total value of Singing Machine Co stock (market capitalization) is $4.56M.

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 -97.84%, for an annualized return of -13.71% (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 $1.08 today (as of Mar 4, 2024).

What is Singing Machine Co's Market Cap?

(NASDAQ: MICS) Singing Machine Co's market cap is $4.56M, as of Mar 5, 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 $1.08 by MICS's total outstanding shares of 4,220,259.
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