SONO Stock Overview
Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$19.95|
|52 Week High||US$42.57|
|52 Week Low||US$18.92|
|1 Month Change||-17.83%|
|3 Month Change||-26.47%|
|1 Year Change||-45.37%|
|3 Year Change||95.02%|
|5 Year Change||n/a|
|Change since IPO||0.20%|
Recent News & Updates
Sonos: Managing Deftly Through A Tight Environment
Shares of Sonos have slumped all year long, dropping 30% since the start of January. Though demand continues to be robust, the company has faced gross margin challenges owing to constrained components and higher freight costs. Management has been able to partially offset these global cost increases, however, with opex rationalization. The company continues to trade at attractive multiples of adjusted EBITDA.
|SONO||US Consumer Durables||US Market|
Return vs Industry: SONO underperformed the US Consumer Durables industry which returned -31.7% over the past year.
Return vs Market: SONO underperformed the US Market which returned -13.2% over the past year.
|SONO Average Weekly Movement||10.2%|
|Consumer Durables Industry Average Movement||7.7%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: SONO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: SONO's weekly volatility (10%) has been stable over the past year.
About the Company
Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its Website sonos.com.
Sonos Fundamentals Summary
|SONO fundamental statistics|
Is SONO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SONO income statement (TTM)|
|Cost of Revenue||US$961.26m|
Last Reported Earnings
Apr 02, 2022
Next Earnings Date
|Earnings per share (EPS)||1.10|
|Net Profit Margin||7.83%|
How did SONO perform over the long term?See historical performance and comparison
Is Sonos undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SONO ($19.95) is trading below our estimate of fair value ($82.63)
Significantly Below Fair Value: SONO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SONO is poor value based on its Price-To-Earnings Ratio (18.1x) compared to the US Consumer Durables industry average (7.7x).
PE vs Market: SONO is poor value based on its Price-To-Earnings Ratio (18.1x) compared to the US market (14.9x).
Price to Earnings Growth Ratio
PEG Ratio: SONO is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: SONO is overvalued based on its Price-To-Book Ratio (3.8x) compared to the US Consumer Durables industry average (1.2x).
How is Sonos forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SONO's forecast earnings growth (24% per year) is above the savings rate (1.9%).
Earnings vs Market: SONO's earnings (24% per year) are forecast to grow faster than the US market (12.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SONO's revenue (10.8% per year) is forecast to grow faster than the US market (7.7% per year).
High Growth Revenue: SONO's revenue (10.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SONO's Return on Equity is forecast to be high in 3 years time (36.4%)
How has Sonos performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SONO has high quality earnings.
Growing Profit Margin: SONO's current net profit margins (7.8%) are higher than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: SONO has become profitable over the past 5 years, growing earnings by 72.3% per year.
Accelerating Growth: SONO's earnings growth over the past year (28.1%) is below its 5-year average (72.3% per year).
Earnings vs Industry: SONO earnings growth over the past year (28.1%) underperformed the Consumer Durables industry 45.1%.
Return on Equity
High ROE: SONO's Return on Equity (21%) is considered high.
How is Sonos's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SONO's short term assets ($1.0B) exceed its short term liabilities ($463.7M).
Long Term Liabilities: SONO's short term assets ($1.0B) exceed its long term liabilities ($90.8M).
Debt to Equity History and Analysis
Debt Level: SONO is debt free.
Reducing Debt: SONO has no debt compared to 5 years ago when its debt to equity ratio was 42.2%.
Debt Coverage: SONO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SONO has no debt, therefore coverage of interest payments is not a concern.
What is Sonos's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SONO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SONO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SONO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SONO's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SONO has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Patrick Spence (46 yo)
Mr. Patrick Spence has been Chief Executive Officer and Director at Sonos, Inc. since January 2017 and has been its President since July 2016. He served as Managing Director of Global Sales & Regional Mark...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD5.48M) is about average for companies of similar size in the US market ($USD6.91M).
Compensation vs Earnings: Patrick's compensation has increased by more than 20% in the past year.
Experienced Management: SONO's management team is seasoned and experienced (5 years average tenure).
Experienced Board: SONO's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Sonos, Inc.'s employee growth, exchange listings and data sources
- Name: Sonos, Inc.
- Ticker: SONO
- Exchange: NasdaqGS
- Founded: 2002
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Implied Market Cap: US$2.551b
- Shares outstanding: 127.89m
- Website: https://www.sonos.com
Number of Employees
- Sonos, Inc.
- 614 Chapala Street
- Santa Barbara
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/25 00:00|
|End of Day Share Price||2022/05/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.