Socket Mobile Price To Earning vs. Return On Asset
| SCKT Stock | USD 1.50 0.03 2.04% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.38 | 0.4968 |
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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.
Socket |
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 Return On Asset vs. Price To Earning 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 price to earning category among its peers. It is rated below average in return on asset category among its peers . Return On Assets is likely to drop to -0.07 in 2024. 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 Return On Asset vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Socket Mobile |
| = | 4.99 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Socket Mobile |
| = | -0.0574 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Socket Return On Asset Comparison
Socket Mobile is currently under evaluation in return on asset 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 Reported | Projected 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 Shares | 78.3 K | 74.4 K | |
| Net Loss | -2.3 M | -2.2 M | |
| Non Operating Income Net Other | 1.2 M | 616.1 K | |
| Interest Income | 90.6 K | 115.1 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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Companies producing natural foods including dairy products and different types of meets. The Natural Foods theme has 43 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.