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Socket Mobile Inc
NASDAQ:SCKT

Watchlist Manager
Socket Mobile Inc Logo
Socket Mobile Inc
NASDAQ:SCKT
Watchlist
Price: 2.02 USD +1.51% Market Closed
Updated: Nov 26, 2022

Intrinsic Value

The intrinsic value of one SCKT stock under the Base Case scenario is 4.19 USD. Compared to the current market price of 2.02 USD, Socket Mobile Inc is Undervalued by 52%.

The Intrinsic Value is calculated as the average of the two valuation methods:

SCKT Intrinsic Value
Base Case
4.19 USD
Undervaluation 52%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

SCKT Profitability Score
Profitability Due Diligence

Socket Mobile Inc's profitability score is 48/100. The higher the profitability score, the more profitable the company is.

Low 3-Year Average ROE
Positive Net Income
Positive Operating Income
Negative 1-Year Revenue Growth
48/100
Profitability
Score

Socket Mobile Inc's profitability score is 48/100. The higher the profitability score, the more profitable the company is.

SCKT Solvency Score
Solvency Due Diligence

Socket Mobile Inc's solvency score is 52/100. The higher the solvency score, the more solvent the company is.

Average Interest Coverage
Low Altman Z-Score
Negative Net Debt
Long-Term Liabilities
52/100
Solvency
Score

Socket Mobile Inc's solvency score is 52/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
50%
Gross Margin
2%
Operating Margin
3%
Net Margin
6%
FCF Margin
3%
ROE
4%
ROIC
Other

SCKT Capital Structure
Socket Mobile Inc

Market Capitalization 14.4M USD
Total Debt 1.6M USD
Minority Interest 0 USD
Preferred Equity 0 USD
Cash and Equivalents 4.2M USD
Short-Term Investments 0 USD
Enterprise Value 11.8M USD

Wall St
Price Targets

SCKT Price Targets Summary
Socket Mobile Inc

Wall Street analysts forecast SCKT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SCKT is 4.59 USD with a low forecast of 4.55 USD and a high forecast of 4.73 USD.

Lowest
Price Target
4.55 USD
125% Upside
Average
Price Target
4.59 USD
127% Upside
Highest
Price Target
4.73 USD
134% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

SCKT Competitors
Socket Mobile Inc

SCKT Suppliers & Customers
Socket Mobile Inc

Socket Mobile Inc has 4 key suppliers from 2 countries and 2 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Technology industry.

Socket Mobile Inc has 24 key customers from 4 countries and 16 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Health Care industry.

Ownership

SCKT Shareholders
Major Shareholders

Insiders own a significant part of the company.

Top 25 shareholders own 87.4% of the company. Insiders own 83.9%. The biggest insider is Bass Charlie (Director, 10 percent owner), who owns 43.86% of Socket Mobile Inc.

Insiders
83.9%
Institutions
3.51%
Other
12.6%
Insiders
83.9%
Bass Charlie
Director, 10 percent owner
Ownership
43.8637%
Market Value
6.3M USD
Shares
3 130 933
Mills Kevin J
Chief Executive Officer
Ownership
14.4778%
Market Value
2.1M USD
Shares
1 033 408
Baillif Lee
VP of Cust. Exp & Quality Sys.
Ownership
6.1086%
Market Value
881k USD
Shares
436 021
Ott Leonard L
EVP of Engineering & CTO
Ownership
5.0227%
Market Value
724k USD
Shares
358 515
Zhao Lynn
Chief Financial Officer
Ownership
4.4976%
Market Value
648k USD
Shares
321 034
Dunlap David W
Director
Ownership
4.2891%
Market Value
618k USD
Shares
306 152
Holmes David A.
Chief Business Officer
Ownership
1.9362%
Market Value
279k USD
Shares
138 200
Lopez James
VP Sales and Marketing
Ownership
1.408%
Market Value
203k USD
Shares
100 500
Macdonald Brenton Earl
Director
Ownership
0.6865%
Market Value
99k USD
Shares
49 000
Parnell William L. Jr
Director
Ownership
0.6444%
Market Value
92.9k USD
Shares
46 000
Chan Nelson C
Director
Ownership
0.4343%
Market Value
62.6k USD
Shares
31 000
Lazarev Ivan
Director
Ownership
0.4291%
Market Value
61.9k USD
Shares
30 626
Weinstein Laura
Director
Ownership
0.0981%
Market Value
14.1k USD
Shares
7 000
Institutions
3.51%
Back

SCKT Insider Trading
Buy and sell transactions by insiders

Socket Mobile Inc insiders have only bought shares in the past 12 months.

During the last 12 months Socket Mobile Inc insiders bought 35.5k USD , and have not sold any shares. The last transaction was made on Nov 26, 2022 by Bass Charlie (Director, 10 percent owner), who bought 281 USD worth of SCKT shares.

Sold
0-3
months
0 USD
0
3-6
months
0 USD
0
6-9
months
0 USD
0
9-12
months
0 USD
0
Bought
0-3
months
No Insider Transactions
0
0 USD
3-6
months
No Insider Transactions
0
0 USD
6-9
months
No Insider Transactions
0
0 USD
9-12
months
1
35.5k USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
N/A
N/A
N/A
6 Months
N/A
N/A
N/A
9 Months
N/A
N/A
N/A
12 Months
N/A
35.5k USD
35.5k
Purchases
36
Sales
90
Why is insider trading important?

Shareholder Return

SCKT Price
Socket Mobile Inc

1M 1M
-9%
6M 6M
-31%
1Y 1Y
-61%
3Y 3Y
+18%
5Y 5Y
-42%
Annual Price Range
2.02
52w Low
1.75
52w High
5.51
Price Metrics
Average Annual Return -0.37%
Standard Deviation of Annual Returns 40.13%
Max Drawdown -92%

Company Profile

Socket Mobile Inc

Country

United States of America

Industry

Technology

Market Cap

14.4M USD

Dividend Yield

0%

Description

Socket Mobile, Inc. is a mobile data capture company, which engages in the provision of data capture and delivery solutions for enhanced productivity in workforce mobilization. The company is headquartered in Newark California, California and currently employs 53 full-time employees. The firm's data capture solutions are incorporated into mobile applications used in point of sale (POS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation, and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. Its primary products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications (NFC) technologies that connect over Bluetooth. Its products work with applications running on smartphones, mobile computers, and tablets. The company offers software developer kit (Capture-SDK) to application providers, which enables them to provide their consumers its barcode scanning features. Its products are integrated by the application providers and are marketed by the application providers or their resellers.

Contact

CALIFORNIA
Newark California
39700 Eureka Dr
+15109333000.0
https://www.socketmobile.com/

IPO

1995-06-07

Employees

53

Officers

Pres, CEO & Director
Mr. Kevin J. Mills
CFO, VP of Fin. & Admin., Sec. and Management Director
Ms. Lynn Zhao
Exec. VP of Engineering & CTO
Mr. Leonard L. Ott
Chief Bus. Officer
Mr. David A. Holmes
Gen. Counsel
Flora Chu

See Also

Similar Stocks
What is the Intrinsic Value of one SCKT stock?

The intrinsic value of one SCKT stock under the Base Case scenario is 4.19 USD.

Is SCKT stock undervalued or overvalued?

Compared to the current market price of 2.02 USD, Socket Mobile Inc is Undervalued by 52%.