The Singing Machine Company, Inc. (MICS)
Total Valuation
MICS has a market cap or net worth of $6.26 million. The enterprise value is $6.98 million.
Market Cap | 6.26M |
Enterprise Value | 6.98M |
Important Dates
The next estimated earnings date is Tuesday, April 9, 2024, before market open.
Earnings Date | Apr 9, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
MICS has 3.15 million shares outstanding. The number of shares has increased by 16.90% in one year.
Shares Outstanding | 3.15M |
Shares Change (YoY) | +16.90% |
Shares Change (QoQ) | +8.98% |
Owned by Insiders (%) | 72.03% |
Owned by Institutions (%) | 9.90% |
Float | 1.32M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 17.84 |
PS Ratio | 0.22 |
Forward PS | 0.19 |
PB Ratio | 0.65 |
P/FCF Ratio | 3.28 |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 0.24 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | 3.66 |
Financial Position
The company has a current ratio of 1.46, with a Debt / Equity ratio of 0.41.
Current Ratio | 1.46 |
Quick Ratio | 0.75 |
Debt / Equity | 0.41 |
Debt / EBITDA | n/a |
Debt / FCF | 2.07 |
Interest Coverage | -42.11 |
Financial Efficiency
Return on equity (ROE) is -68.10% and return on invested capital (ROIC) is -49.61%.
Return on Equity (ROE) | -68.10% |
Return on Assets (ROA) | -32.90% |
Return on Capital (ROIC) | -49.61% |
Revenue Per Employee | $785,112 |
Profits Per Employee | -$196,786 |
Employee Count | 37 |
Asset Turnover | 1.31 |
Inventory Turnover | 1.54 |
Taxes
In the past 12 months, MICS has paid $933,198 in taxes.
Income Tax | 933,198 |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -55.41% in the last 52 weeks. The beta is -0.01, so MICS's price volatility has been lower than the market average.
Beta (1Y) | -0.01 |
52-Week Price Change | -55.41% |
50-Day Moving Average | 0.87 |
200-Day Moving Average | 1.12 |
Relative Strength Index (RSI) | 43.16 |
Average Volume (30 Days) | 30,285 |
Short Selling Information
The latest short interest is 46,281, so 1.47% of the outstanding shares have been sold short.
Short Interest | 46,281 |
Short Previous Month | 115,299 |
Short % of Shares Out | 1.47% |
Short % of Float | 3.50% |
Short Ratio (days to cover) | 0.89 |
Income Statement
In the last 12 months, MICS had revenue of $29.05 million and -$7.28 million in losses. Loss per share was -$2.28.
Revenue | 29.05M |
Gross Profit | 6.65M |
Operating Income | -6.75M |
Pretax Income | -6.35M |
Net Income | -7.28M |
EBITDA | -5.43M |
EBIT | -6.20M |
Loss Per Share | -$2.28 |
Balance Sheet
The company has $3.21 million in cash and $3.94 million in debt, giving a net cash position of -$725,198 or -$0.23 per share.
Cash & Cash Equivalents | 3.21M |
Total Debt | 3.94M |
Net Cash | -725,198 |
Net Cash Per Share | -$0.23 |
Equity / Book Value | 9.68M |
Book Value Per Share | 3.07 |
Working Capital | 8.71M |
Cash Flow
In the last 12 months, operating cash flow was $2.08 million and capital expenditures -$170,046, giving a free cash flow of $1.91 million.
Operating Cash Flow | 2.08M |
Capital Expenditures | -170,046 |
Free Cash Flow | 1.91M |
FCF Per Share | $0.45 |
Margins
Gross margin is 22.88%, with operating and profit margins of -23.25% and -25.06%.
Gross Margin | 22.88% |
Operating Margin | -23.25% |
Pretax Margin | -21.85% |
Profit Margin | -25.06% |
EBITDA Margin | -18.68% |
EBIT Margin | -21.35% |
FCF Margin | 6.56% |
Dividends & Yields
MICS does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -16.90% |
Shareholder Yield | -16.90% |
Earnings Yield | -116.39% |
FCF Yield | 30.47% |
Analyst Forecast
The average price target for MICS is $4.00, which is 339.56% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $4.00 |
Price Target Difference | 339.56% |
Analyst Consensus | Strong Buy |
Analyst Count | 1 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 24, 2022. It was a reverse split with a ratio of 1:30.
Last Split Date | May 24, 2022 |
Split Type | Reverse |
Split Ratio | 1:30 |
Scores
MICS has an Altman Z-Score of -0.19 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | -0.19 |
Piotroski F-Score | 2 |