Sonim Technologies Current Valuation vs. Revenue
| SONM Stock | USD 3.31 0.02 0.60% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.28 | 0.2064 |
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For Sonim Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sonim Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sonim Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sonim Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sonim Technologies over time as well as its relative position and ranking within its peers.
Sonim |
Sonim Technologies' Revenue Breakdown by Earning Segment
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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 Sonim Technologies. If investors know Sonim 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 Sonim Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.90) | Revenue Per Share 15.959 | Quarterly Revenue Growth (0.57) | Return On Assets (0.12) | Return On Equity (0.53) |
The market value of Sonim Technologies is measured differently than its book value, which is the value of Sonim that is recorded on the company's balance sheet. Investors also form their own opinion of Sonim Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sonim Technologies' 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 Sonim Technologies' market value can be influenced by many factors that don't directly affect Sonim Technologies' 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 Sonim Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonim Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonim Technologies' 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.
Sonim Technologies Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sonim Technologies's current stock value. Our valuation model uses many indicators to compare Sonim Technologies value to that of its competitors to determine the firm's financial worth. Sonim Technologies is rated below average in current valuation category among its peers. It is rated below average in revenue category among its peers totaling about 13.80 of Revenue per Current Valuation. At this time, Sonim Technologies' Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sonim Technologies 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.Sonim Current Valuation vs. Competition
Sonim Technologies is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is at this time estimated at about 9.08 Billion. Sonim Technologies adds roughly 6.78 Million in current valuation claiming only tiny portion of equities under Information Technology industry.
Sonim Revenue vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Sonim Technologies |
| = | 6.78 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Sonim Technologies |
| = | 93.63 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Sonim Revenue vs Competition
Sonim Technologies is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is at this time estimated at about 643.31 Million. Sonim Technologies retains roughly 93.63 Million in revenue claiming about 15% of equities under Information Technology industry.
Sonim Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sonim Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sonim Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Sonim Technologies' change in net profit over the period of time. It can combine multiple indicators of Sonim Technologies, 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 | ||
| Net Interest Income | -12 K | -12.6 K | |
| Interest Income | 2.4 M | 2.6 M | |
| Operating Income | 513 K | 538.6 K | |
| Net Income From Continuing Ops | 221 K | 232.1 K | |
| Income Before Tax | 284 K | 298.2 K | |
| Total Other Income Expense Net | -229 K | -240.4 K | |
| Net Loss | -12.7 M | -13.3 M | |
| Net Loss | -90 K | -94.5 K | |
| Income Tax Expense | 374 K | 283.4 K | |
| Non Operating Income Net Other | -499.1 K | -524.1 K | |
| Change To Netincome | 613.8 K | 583.1 K | |
| Income Quality | 45.02 | 47.27 | |
| Net Loss | (0.32) | (0.30) |
Sonim Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sonim Technologies. 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 Sonim Technologies 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 Sonim Technologies' important profitability drivers and their relationship over time.
Use Sonim Technologies in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sonim Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sonim Technologies will appreciate offsetting losses from the drop in the long position's value.Sonim Technologies Pair Trading
Sonim Technologies Pair Trading Analysis
The ability to find closely correlated positions to Sonim Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonim Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sonim Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sonim Technologies to buy it.
The correlation of Sonim Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sonim Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonim Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sonim Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Sonim Technologies position
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Check out World Market Map. To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
To fully project Sonim Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sonim Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Sonim Technologies' income statement, its balance sheet, and the statement of cash flows.