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NASDAQ: SCKT
Socket Mobile Inc Stock

$1.03+0.01 (+0.98%)
Updated Apr 19, 2024
SCKT Price
$1.03
Fair Value Price
N/A
Market Cap
$7.77M
52 Week Low
$0.90
52 Week High
$1.79
P/E
-3.81x
P/B
0.4x
P/S
0.49x
PEG
N/A
Dividend Yield
N/A
Revenue
$17.03M
Earnings
-$1.92M
Gross Margin
49.7%
Operating Margin
-18.32%
Profit Margin
-11.3%
Debt to Equity
0.48
Operating Cash Flow
$49k
Beta
0.67
Next Earnings
Apr 25, 2024
Ex-Dividend
N/A
Next Dividend
N/A

SCKT Overview

Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. The company's products are incorporated into mobile applications used in point of sale, commercial services, asset tracking, manufacturing process and quality control, transportation and logistics, event management, medical, and education. It provides cordless data capture devices that connect over Bluetooth and work with applications running on smartphones, mobile computers, and tablets; and software developer kits to application developers to enable them to provide their users with its advanced barcode scanning features. The company's cordless data capture devices include DuraScan 700 series, including D700 1D linear imaging scanner; D730 1D laser barcode scanner; D740, D745, D750, D755, and D760 universal barcode scanners that reads all common 1D, stacked, 2D, and postal codes; and SocketScan 800 series cordless barcode scanners, including S800, a 1D linear imaging scanner, and S840 and S860 2D scanner that are attachable to smartphones, tablets, and other mobile devices. It also provides D600 contactless RFID/Near Field Communications reader writer that can read and write various types of electronic SmartTags or transfer data with near field communication; and S550, a contactless membership card reader/writer. The company offers SocketCare services program, which provides extended warranty and accidental breakage coverage for various products. It serves retail, commercial, industrial and manufacturing, transportation and logistics, healthcare, government, travel and hospitality, education, and agriculture and farming industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was incorporated in 1992 and is headquartered in Newark, California.

Zen Score

Industry Average (30)
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Due Diligence Checks

SCKT 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
SCKT is good value based on its book value relative to its share price (0.4x), compared to the US Computer Hardware industry average (12.72x)
P/B vs Industry Valuation
SCKT is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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SCKT News

Valuation

SCKT fair value

Fair Value of SCKT stock based on Discounted Cash Flow (DCF)
Price
$1.03
Fair Value
$1.20
Undervalued by
14.08%
SCKT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

SCKT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-3.81x
Industry
36.56x
Market
40.51x

SCKT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.4x
Industry
12.72x
SCKT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SCKT's financial health

Profit margin

Revenue
$4.4M
Net Income
$912.1k
Profit Margin
20.7%
SCKT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
SCKT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$28.7M
Liabilities
$9.3M
Debt to equity
0.48
SCKT's short-term assets ($10.70M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
SCKT's short-term assets ($10.70M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
SCKT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
SCKT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$571.1k
Investing
-$694.6k
Financing
-$143.4k
SCKT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

SCKT vs Computer Hardware Stocks

TickerMarket Cap1d %P/EP/B
SCKT$7.77M+0.98%-3.81x0.40x
UAVS$6.94M+2.74%-0.08x0.65x
SGE$11.03M0.00%-5.00x1.42x
WETH$24.22M0.00%2.28x0.21x
AGMH$27.67M-5.41%2.33x0.64x

Socket Mobile Stock FAQ

What is Socket Mobile's quote symbol?

(NASDAQ: SCKT) Socket Mobile trades on the NASDAQ under the ticker symbol SCKT. Socket Mobile stock quotes can also be displayed as NASDAQ: SCKT.

If you're new to stock investing, here's how to buy Socket Mobile stock.

What is the 52 week high and low for Socket Mobile (NASDAQ: SCKT)?

(NASDAQ: SCKT) Socket Mobile's 52-week high was $1.79, and its 52-week low was $0.90. It is currently -42.46% from its 52-week high and 14.44% from its 52-week low.

How much is Socket Mobile stock worth today?

(NASDAQ: SCKT) Socket Mobile currently has 7,547,327 outstanding shares. With Socket Mobile stock trading at $1.03 per share, the total value of Socket Mobile stock (market capitalization) is $7.77M.

Socket Mobile stock was originally listed at a price of $6.88 in Apr 26, 1999. If you had invested in Socket Mobile stock at $6.88, your return over the last 24 years would have been -85.02%, for an annualized return of -7.6% (not including any dividends or dividend reinvestments).

How much is Socket Mobile's stock price per share?

(NASDAQ: SCKT) Socket Mobile stock price per share is $1.03 today (as of Apr 19, 2024).

What is Socket Mobile's Market Cap?

(NASDAQ: SCKT) Socket Mobile's market cap is $7.77M, as of Apr 20, 2024.

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

Socket Mobile's market cap is calculated by multiplying SCKT's current stock price of $1.03 by SCKT's total outstanding shares of 7,547,327.
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