SCKT Stock Overview
Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally.
Socket Mobile Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$2.13|
|52 Week High||US$9.30|
|52 Week Low||US$2.09|
|1 Month Change||-26.55%|
|3 Month Change||-33.02%|
|1 Year Change||-67.97%|
|3 Year Change||-9.36%|
|5 Year Change||-42.28%|
|Change since IPO||-96.52%|
Recent News & Updates
Socket Mobile updates barcode scanners to support iOS 16
Socket Mobile (NASDAQ:SCKT) announced Monday that its entire line of barcode scanners-CaptureSDK- and NFC reader/writers are now fully compatible with iOS 16. In addition to iOS 16 compatibility, Swift Package Manager support has also been added to Socket Mobile's CaptureSDK. It is iOS's native package managing solution for Apple developers to manage, distribute, and integrate Swift Packages into an Xcode project. "Now, with iOS 16 support added to CaptureSDK, customers can find new ways to leverage the power and versatility of our barcode scanners and NFC reader/writers," commented Dave Holmes, Chief Business Officer at Socket Mobile.
We Ran A Stock Scan For Earnings Growth And Socket Mobile (NASDAQ:SCKT) Passed With Ease
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
|SCKT||US Tech||US Market|
Return vs Industry: SCKT underperformed the US Tech industry which returned 1.2% over the past year.
Return vs Market: SCKT underperformed the US Market which returned -23% over the past year.
|SCKT Average Weekly Movement||5.7%|
|Tech Industry Average Movement||7.4%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: SCKT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SCKT's weekly volatility (6%) has been stable over the past year.
About the Company
Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. The company’s products are incorporated into mobile applications used in point of sale, commercial services, asset tracking, manufacturing process and quality control, transportation and logistics, event management, medical, and education. It provides cordless data capture devices that connect over Bluetooth and work with applications running on smartphones, mobile computers, and tablets; and software developer kits to application developers to enable them to provide their users with its advanced barcode scanning features.
Socket Mobile Fundamentals Summary
|SCKT fundamental statistics|
Is SCKT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SCKT income statement (TTM)|
|Cost of Revenue||US$12.00m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.27|
|Net Profit Margin||7.67%|
How did SCKT perform over the long term?See historical performance and comparison
Is SCKT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SCKT?
Other financial metrics that can be useful for relative valuation.
|What is SCKT's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SCKT's PE Ratio compare to its peers?
|SCKT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
OSS One Stop Systems
PMTS CPI Card Group
KODK Eastman Kodak
SCKT Socket Mobile
Price-To-Earnings vs Peers: SCKT is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (34.1x).
Price to Earnings Ratio vs Industry
How does SCKT's PE Ratio compare vs other companies in the Global Tech Industry?
Price-To-Earnings vs Industry: SCKT is good value based on its Price-To-Earnings Ratio (8x) compared to the Global Tech industry average (13.5x)
Price to Earnings Ratio vs Fair Ratio
What is SCKT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SCKT's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SCKT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SCKT ($2.13) is trading below our estimate of fair value ($7.99)
Significantly Below Fair Value: SCKT is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
How is Socket Mobile forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Socket Mobile has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Examine whether Socket Mobile is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
How has Socket Mobile 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: SCKT has high quality earnings.
Growing Profit Margin: SCKT's current net profit margins (7.7%) are higher than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: SCKT's earnings have declined by 14.6% per year over the past 5 years.
Accelerating Growth: SCKT's earnings growth over the past year (504.1%) exceeds its 5-year average (-14.6% per year).
Earnings vs Industry: SCKT earnings growth over the past year (504.1%) exceeded the Tech industry 83.9%.
Return on Equity
High ROE: SCKT's Return on Equity (10.1%) is considered low.
Discover strong past performing companies
How is Socket Mobile's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SCKT's short term assets ($15.9M) exceed its short term liabilities ($6.8M).
Long Term Liabilities: SCKT's short term assets ($15.9M) exceed its long term liabilities ($3.5M).
Debt to Equity History and Analysis
Debt Level: SCKT has more cash than its total debt.
Reducing Debt: SCKT's debt to equity ratio has increased from 4.1% to 8.4% over the past 5 years.
Debt Coverage: SCKT's debt is well covered by operating cash flow (132%).
Interest Coverage: SCKT's interest payments on its debt are well covered by EBIT (12.1x coverage).
Discover healthy companies
What is Socket Mobile current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Socket Mobile Dividend Yield vs Market|
|Company (Socket Mobile)||n/a|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Tech)||1.1%|
|Analyst forecast in 3 Years (Socket Mobile)||n/a|
Notable Dividend: Unable to evaluate SCKT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SCKT'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 SCKT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SCKT'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 SCKT 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
Kevin Mills (61 yo)
Mr. Kevin J. Mills has been the President and Chief Executive Officer of Socket Mobile, Inc. since March 2000. Mr. Mills served as the Chief Operating Officer of Socket Mobile, Inc. from September 1998 to...
CEO Compensation Analysis
|Kevin Mills's Compensation vs Socket Mobile Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$480k||US$278k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$338k||US$236k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$375k||US$278k|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||US$277k||US$248k|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||US$360k||US$242k|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||US$359k||US$225k|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||n/a||n/a|
|Dec 31 2015||US$322k||US$225k|
Compensation vs Market: Kevin's total compensation ($USD479.77K) is below average for companies of similar size in the US market ($USD780.01K).
Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.
Experienced Management: SCKT's management team is seasoned and experienced (7.5 years average tenure).
Experienced Board: SCKT's board of directors are considered experienced (5.8 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.
Recent Insider Transactions
|25 Feb 22||BuyUS$35,465||Charlie Bass||Individual||10,000||US$3.66|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Socket Mobile, Inc.'s employee growth, exchange listings and data sources
- Name: Socket Mobile, Inc.
- Ticker: SCKT
- Exchange: NasdaqCM
- Founded: 1992
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Implied Market Cap: US$15.204m
- Shares outstanding: 7.14m
- Website: https://www.socketmobile.com
Number of Employees
- Socket Mobile, Inc.
- 39700 Eureka Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SCKT||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Jun 1995|
|SNB1||BST (Boerse-Stuttgart)||Yes||Common Stock||DE||EUR||Jun 1995|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/26 00:00|
|End of Day Share Price||2022/09/26 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.