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SINGING MACHINE CO INC/THE (MICS) Stock Fundamental Analysis

NASDAQ:MICS - Nasdaq - US8293224031 - Common Stock - Currency: USD

0.74  +0 (+0.14%)

After market: 0.74 0 (0%)

Fundamental Rating

2

MICS gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 67 industry peers in the Household Durables industry. The financial health of MICS is average, but there are quite some concerns on its profitability. MICS is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year MICS has reported negative net income.
MICS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: MICS reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: MICS reported negative operating cash flow in multiple years.
MICS Yearly Net Income VS EBIT VS OCF VS FCFMICS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2M -2M -4M

1.2 Ratios

The Return On Assets of MICS (-19.04%) is worse than 87.69% of its industry peers.
MICS has a worse Return On Equity (-64.08%) than 87.69% of its industry peers.
Industry RankSector Rank
ROA -19.04%
ROE -64.08%
ROIC N/A
ROA(3y)-4.64%
ROA(5y)-5.19%
ROE(3y)-5.06%
ROE(5y)-11.61%
ROIC(3y)N/A
ROIC(5y)N/A
MICS Yearly ROA, ROE, ROICMICS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 -40

1.3 Margins

MICS has a Gross Margin of 21.30%. This is in the lower half of the industry: MICS underperforms 76.92% of its industry peers.
In the last couple of years the Gross Margin of MICS has declined.
MICS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 21.3%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.32%
GM growth 5Y-1.88%
MICS Yearly Profit, Operating, Gross MarginsMICS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10 20

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5

2. Health

2.1 Basic Checks

MICS does not have a ROIC to compare to the WACC, probably because it is not profitable.
MICS has more shares outstanding than it did 1 year ago.
MICS has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, MICS has an improved debt to assets ratio.
MICS Yearly Shares OutstandingMICS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M
MICS Yearly Total Debt VS Total AssetsMICS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M 20M

2.2 Solvency

MICS has an Altman-Z score of 0.35. This is a bad value and indicates that MICS is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of MICS (0.35) is worse than 89.23% of its industry peers.
There is no outstanding debt for MICS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 0.35
ROIC/WACCN/A
WACC12.41%
MICS Yearly LT Debt VS Equity VS FCFMICS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2M -2M 4M 6M 8M 10M

2.3 Liquidity

MICS has a Current Ratio of 1.46. This is a normal value and indicates that MICS is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.46, MICS is not doing good in the industry: 83.08% of the companies in the same industry are doing better.
A Quick Ratio of 0.77 indicates that MICS may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.77, MICS is doing worse than 60.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.46
Quick Ratio 0.77
MICS Yearly Current Assets VS Current LiabilitesMICS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M

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1

3. Growth

3.1 Past

MICS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 58.49%, which is quite impressive.
MICS shows a strong growth in Revenue. In the last year, the Revenue has grown by 48.62%.
Measured over the past years, MICS shows a decrease in Revenue. The Revenue has been decreasing by -8.36% on average per year.
EPS 1Y (TTM)58.49%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75%
Revenue 1Y (TTM)48.62%
Revenue growth 3Y0.69%
Revenue growth 5Y-8.36%
Sales Q2Q%505.7%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y102.47%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.22%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
MICS Yearly Revenue VS EstimatesMICS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
MICS Yearly EPS VS EstimatesMICS Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.01 0.02 0.03 0.04

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3

4. Valuation

4.1 Price/Earnings Ratio

MICS reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
MICS is valuated rather expensively with a Price/Forward Earnings ratio of 18.14.
Based on the Price/Forward Earnings ratio, MICS is valued a bit more expensive than 60.00% of the companies in the same industry.
MICS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 18.14
MICS Price Earnings VS Forward Price EarningsMICS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

Compared to the rest of the industry, the Price/Free Cash Flow ratio of MICS indicates a rather cheap valuation: MICS is cheaper than 96.92% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 4.26
EV/EBITDA N/A
MICS Per share dataMICS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

MICS does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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SINGING MACHINE CO INC/THE

NASDAQ:MICS (9/6/2024, 8:00:00 PM)

After market: 0.74 0 (0%)

0.74

+0 (+0.14%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)08-14 2024-08-14/amc
Earnings (Next)11-19 2024-11-19/amc
Inst Owners2.75%
Inst Owner Change-83.09%
Ins Owners28.17%
Ins Owner Change0%
Market Cap7.21M
Analysts82.86
Price Target4.08 (451.35%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.03
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 18.14
P/S 0.16
P/FCF 4.26
P/OCF 4.02
P/B 0.75
P/tB 0.75
EV/EBITDA N/A
EPS(TTM)-0.88
EYN/A
EPS(NY)0.04
Fwd EY5.51%
FCF(TTM)0.17
FCFY23.49%
OCF(TTM)0.18
OCFY24.85%
SpS4.61
BVpS0.99
TBVpS0.99
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -19.04%
ROE -64.08%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 21.3%
FCFM 3.77%
ROA(3y)-4.64%
ROA(5y)-5.19%
ROE(3y)-5.06%
ROE(5y)-11.61%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.32%
GM growth 5Y-1.88%
F-Score4
Asset Turnover1.38
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA N/A
Cap/Depr 29.08%
Cap/Sales 0.22%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.46
Quick Ratio 0.77
Altman-Z 0.35
F-Score4
WACC12.41%
ROIC/WACCN/A
Cap/Depr(3y)73%
Cap/Depr(5y)104.63%
Cap/Sales(3y)0.43%
Cap/Sales(5y)0.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)58.49%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75%
EPS Next Y102.47%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)48.62%
Revenue growth 3Y0.69%
Revenue growth 5Y-8.36%
Sales Q2Q%505.7%
Revenue Next Year1.22%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y6.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y120.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y122.25%
OCF growth 3YN/A
OCF growth 5YN/A