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Socket Mobile

Nasdaq:SCKT
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SCKT
Nasdaq
$11M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Socket Mobile, Inc. produces data capture products for mobile applications used in business mobility markets in the United States, Europe, Asia, and internationally. The last earnings update was 26 days ago. More info.


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  • Socket Mobile has significant price volatility in the past 3 months.
SCKT Share Price and Events
7 Day Returns
-2.2%
NasdaqCM:SCKT
2%
US Tech
0.7%
US Market
1 Year Returns
-5.8%
NasdaqCM:SCKT
35.3%
US Tech
13.7%
US Market
SCKT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Socket Mobile (SCKT) -2.2% -20.4% -23.1% -5.8% -47% -18.6%
US Tech 2% 11.9% 25.6% 35.3% 116.8% 102.6%
US Market 0.7% 4.7% 6.1% 13.7% 39.2% 44.5%
1 Year Return vs Industry and Market
  • SCKT underperformed the Tech industry which returned 35.3% over the past year.
  • SCKT underperformed the Market in United States of America which returned 13.7% over the past year.
Price Volatility
SCKT
Industry
5yr Volatility vs Market

Value

 Is Socket Mobile undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Socket Mobile. This is due to cash flow or dividend data being unavailable. The share price is $1.79.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Socket Mobile's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Socket Mobile's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:SCKT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.01
NasdaqCM:SCKT Share Price ** NasdaqCM (2019-11-18) in USD $1.79
United States of America Tech Industry PE Ratio Median Figure of 15 Publicly-Listed Tech Companies 22.21x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Socket Mobile.

NasdaqCM:SCKT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:SCKT Share Price ÷ EPS (both in USD)

= 1.79 ÷ 0.01

169.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Socket Mobile is overvalued based on earnings compared to the US Tech industry average.
  • Socket Mobile is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Socket Mobile's expected growth come at a high price?
Raw Data
NasdaqCM:SCKT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 169.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Tech Industry PEG Ratio Median Figure of 7 Publicly-Listed Tech Companies 1.18x
United States of America Market PEG Ratio Median Figure of 2,038 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Socket Mobile, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Socket Mobile's assets?
Raw Data
NasdaqCM:SCKT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $2.17
NasdaqCM:SCKT Share Price * NasdaqCM (2019-11-18) in USD $1.79
United States of America Tech Industry PB Ratio Median Figure of 33 Publicly-Listed Tech Companies 1.56x
United States of America Market PB Ratio Median Figure of 5,086 Publicly-Listed Companies 1.76x
NasdaqCM:SCKT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:SCKT Share Price ÷ Book Value per Share (both in USD)

= 1.79 ÷ 2.17

0.82x

* Primary Listing of Socket Mobile.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Socket Mobile is good value based on assets compared to the US Tech industry average.
X
Value checks
We assess Socket Mobile's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. Socket Mobile has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Socket Mobile expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.6%
Expected Tech industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Socket Mobile expected to grow at an attractive rate?
  • Unable to compare Socket Mobile's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Socket Mobile's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Socket Mobile's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:SCKT Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Tech Industry Earnings Growth Rate Market Cap Weighted Average 5.6%
United States of America Tech Industry Revenue Growth Rate Market Cap Weighted Average 5.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:SCKT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:SCKT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqCM:SCKT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 19 0
2019-06-30 18 0 0
2019-03-31 17 1 0
2018-12-31 16 1 -1
2018-09-30 17 2 -3
2018-06-30 18 2 -3
2018-03-31 20 2 -2
2017-12-31 21 2 -1
2017-09-30 22 2 12
2017-06-30 22 1 12
2017-03-31 21 1 12
2016-12-31 21 1 12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Socket Mobile is high growth as no earnings estimate data is available.
  • Unable to determine if Socket Mobile is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:SCKT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Socket Mobile Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:SCKT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqCM:SCKT Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.01
2019-06-30 -0.01
2019-03-31 -0.06
2018-12-31 -0.09
2018-09-30 -0.49
2018-06-30 -0.41
2018-03-31 -0.31
2017-12-31 -0.23
2017-09-30 1.95
2017-06-30 2.03
2017-03-31 2.05
2016-12-31 2.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Socket Mobile will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Socket Mobile's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Socket Mobile's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. Socket Mobile's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Socket Mobile's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Socket Mobile has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Socket Mobile performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Socket Mobile's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Socket Mobile's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Socket Mobile has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Socket Mobile has become profitable in the last year making it difficult to compare the US Tech industry average.
Earnings and Revenue History
Socket Mobile's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Socket Mobile Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:SCKT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 18.81 0.06 6.12 3.36
2019-06-30 17.97 -0.08 5.95 3.23
2019-03-31 17.10 -0.33 5.90 3.15
2018-12-31 16.45 -0.57 5.84 3.20
2018-09-30 16.69 -3.13 5.83 3.26
2018-06-30 18.03 -2.67 5.90 3.25
2018-03-31 19.64 -2.04 5.89 3.19
2017-12-31 21.29 -1.43 5.93 3.04
2017-09-30 22.33 11.70 5.89 2.88
2017-06-30 21.96 11.96 5.70 2.71
2017-03-31 21.37 11.98 5.62 2.59
2016-12-31 20.79 12.15 5.42 2.45
2016-09-30 20.75 2.69 5.27 2.29
2016-06-30 20.16 2.55 5.13 2.17
2016-03-31 19.44 2.44 4.94 1.97
2015-12-31 18.40 1.82 4.91 1.89
2015-09-30 16.92 0.84 4.89 1.85
2015-06-30 17.33 0.74 4.84 1.89
2015-03-31 17.23 0.43 4.80 1.93
2014-12-31 17.02 0.43 4.58 1.90
2014-09-30 16.78 0.03 4.68 1.90
2014-06-30 15.15 -0.72 4.57 1.86
2014-03-31 15.19 -0.77 4.56 1.87
2013-12-31 15.66 -0.62 4.58 1.84
2013-09-30 14.77 -0.89 3.99 2.25
2013-06-30 14.27 -1.55 4.35 2.31
2013-03-31 13.88 -2.35 4.79 2.45
2012-12-31 13.56 -3.30 5.35 2.71

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Socket Mobile has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Socket Mobile used its assets less efficiently than the US Tech industry average last year based on Return on Assets.
  • Socket Mobile's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Socket Mobile's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Socket Mobile has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Socket Mobile's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Socket Mobile's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Socket Mobile is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Socket Mobile's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Socket Mobile's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Socket Mobile Company Filings, last reported 1 month ago.

NasdaqCM:SCKT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 13.02 1.89 0.88
2019-06-30 12.80 2.41 1.02
2019-03-31 12.54 2.50 0.93
2018-12-31 12.40 2.15 1.08
2018-09-30 12.44 2.49 1.32
2018-06-30 12.36 2.54 1.30
2018-03-31 12.37 4.00 2.07
2017-12-31 17.23 0.00 3.38
2017-09-30 19.78 0.00 2.87
2017-06-30 17.97 0.75 2.13
2017-03-31 17.31 0.75 1.62
2016-12-31 16.17 0.75 1.32
2016-09-30 5.60 0.75 1.15
2016-06-30 4.84 0.75 1.05
2016-03-31 4.17 1.10 1.03
2015-12-31 3.34 1.25 0.94
2015-09-30 2.24 1.67 0.86
2015-06-30 1.62 2.17 0.83
2015-03-31 1.16 2.17 0.74
2014-12-31 1.03 2.17 0.63
2014-09-30 0.86 2.33 0.74
2014-06-30 0.35 2.30 0.70
2014-03-31 0.11 2.24 0.67
2013-12-31 0.13 2.19 0.61
2013-09-30 0.48 2.17 0.40
2013-06-30 0.75 2.42 0.66
2013-03-31 0.64 2.18 0.64
2012-12-31 0.47 1.66 0.39
  • Socket Mobile's level of debt (11.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (270.3% vs 11.3% today).
  • Debt is not well covered by operating cash flow (13.9%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Socket Mobile's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Socket Mobile has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Socket Mobile's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Socket Mobile dividends.
If you bought $2,000 of Socket Mobile shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Socket Mobile's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Socket Mobile's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:SCKT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Tech Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1956 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:SCKT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Socket Mobile has not reported any payouts.
  • Unable to verify if Socket Mobile's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Socket Mobile's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Socket Mobile has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Socket Mobile's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Socket Mobile afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Socket Mobile has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Socket Mobile's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kevin Mills
COMPENSATION $276,725
AGE 58
TENURE AS CEO 19.7 years
CEO Bio

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 from September 1998 to March 2000. Mr. Mills joined Socket in September 1993 as Vice President of Operations and also served as its Vice President of Engineering. Prior to joining Socket, Mr. Mills worked from September 1987 to August 1993 at Logitech, Inc., serving most recently as its Director of Operations. He began his career as Quality Assurance Manager for NorthStar Computers Ireland. He has been a Director at Socket Mobile, Inc. since March 2000. He received a B.E. in Electronic Engineering from the University of Limerick, Ireland.

CEO Compensation
  • Kevin's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Kevin's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Socket Mobile management team in years:

9.8
Average Tenure
59
Average Age
  • The average tenure for the Socket Mobile management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Kevin Mills

TITLE
President
COMPENSATION
$277K
AGE
58
TENURE
19.7 yrs

Lynn Zhao

TITLE
CFO, VP of Finance & Administration
COMPENSATION
$157K
AGE
50
TENURE
0.5 yrs

Leonard Ott

TITLE
Executive VP of Engineering & CTO
COMPENSATION
$209K
AGE
60
TENURE
19.1 yrs

Dave Dunlap

TITLE
Consultant & Director
COMPENSATION
$204K
AGE
76
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the Socket Mobile board of directors in years:

3.4
Average Tenure
61
Average Age
  • The tenure for the Socket Mobile board of directors is about average.
Board of Directors

Charlie Bass

TITLE
Chairman of the Board
COMPENSATION
$39K
AGE
77
TENURE
27.7 yrs

Kevin Mills

TITLE
President
COMPENSATION
$277K
AGE
58
TENURE
19.7 yrs

Lynn Zhao

TITLE
CFO, VP of Finance & Administration
COMPENSATION
$157K
AGE
50
TENURE
0.5 yrs

Dave Dunlap

TITLE
Consultant & Director
COMPENSATION
$204K
AGE
76
TENURE
5.5 yrs

Brent MacDonald

TITLE
Independent Director
COMPENSATION
$34K
AGE
53
TENURE
3.4 yrs

Bill Parnell

TITLE
Independent Director
COMPENSATION
$34K
AGE
62
TENURE
2.4 yrs

Vania Lazarev

TITLE
Independent Director
AGE
61
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Socket Mobile individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
08. Nov 19 Buy Charlie Bass Individual 08. Nov 19 08. Nov 19 600 $1.74 $1,044
X
Management checks
We assess Socket Mobile's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Socket Mobile has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholder Appears On The Socket Mobile, Inc.'s (NASDAQ:SCKT) Shareholder Register?

Check out our latest analysis for Socket Mobile NasdaqCM:SCKT Ownership Summary, August 6th 2019 What Does The Institutional Ownership Tell Us About Socket Mobile? … Insider Ownership Of Socket Mobile The definition of an insider can differ slightly between different countries, but members of the board of directors always count. … General Public Ownership The general public -- mostly retail investors -- own 66% of Socket Mobile.

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Here's Why Socket Mobile (NASDAQ:SCKT) Might Be Better Off Without Debt

See our latest analysis for Socket Mobile How Much Debt Does Socket Mobile Carry? … NasdaqCM:SCKT Historical Debt, July 10th 2019 How Healthy Is Socket Mobile's Balance Sheet? … Because it carries more debt than cash, we think it's worth watching Socket Mobile's balance sheet over time.

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Should Socket Mobile (NASDAQ:SCKT) Be Disappointed With Their 36% Profit?

See our latest analysis for Socket Mobile Socket Mobile isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … For the last half decade, Socket Mobile can boast revenue growth at a rate of 3.0% per year. … You could get a better understanding of Socket Mobile's growth by checking out this more detailed historical graph of earnings, revenue and cash flow.

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Should You Be Pleased About The CEO Pay At Socket Mobile, Inc.'s (NASDAQ:SCKT)

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Kevin Mills's Compensation Compare With Similar Sized Companies. … has a market cap of US$12m, and is paying total annual CEO compensation of US$277k.

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Do Directors Own Socket Mobile, Inc. (NASDAQ:SCKT) Shares?

If you want to know who really controls Socket Mobile, Inc. … With a market capitalization of US$12m, Socket Mobile is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Socket Mobile

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Is Socket Mobile, Inc.'s (NASDAQ:SCKT) CEO Paid Enough Relative To Peers?

Kevin Mills became the CEO of Socket Mobile, Inc. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Kevin Mills's Compensation Compare With Similar Sized Companies?

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What does Socket Mobile Inc's (NASDAQ:SCKT) Balance Sheet Tell Us About Its Future?

Socket Mobile Inc (NASDAQ:SCKT) is a small-cap stock with a market capitalization of US$11m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is

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What You Must Know About Socket Mobile Inc's (NASDAQ:SCKT) Financial Strength

While small-cap stocks, such as Socket Mobile Inc (NASDAQ:SCKT) with its market cap of US$13.52m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is

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What Should Investors Know About Socket Mobile Inc's (NASDAQ:SCKT) Return On Capital?

and want a simplistic look at the return on Socket Mobile Inc (NASDAQ:SCKT) stock. … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … To understand Socket Mobile’s capital returns we will look at a useful metric called return on capital employed.

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What You Need To Know About Socket Mobile Inc’s (NASDAQ:SCKT) Cash Situation

Socket Mobile’s FCF may be negative today, but is operating cash flows expected to improve in the future? … Below is a table of Socket Mobile’s operating cash flow in the past year, as well as the anticipated level going forward. … Current +1 year +2 year Operating Cash Flow (OCF) US$2.38M US$2.20M US$3.00M OCF Growth Year-On-Year -7.42% 36.36% OCF Growth From Current Year 26.25% Next Steps: Now you know to keep cash flows in mind, I suggest you continue to research Socket Mobile to get a better picture of the company by looking at: Valuation: What is SCKT worth today?

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Company Info

Description

Socket Mobile, Inc. produces data capture products for mobile applications used in business mobility markets in the United States, Europe, Asia, and internationally. The company’s products are incorporated into mobile applications used in point of sale, enterprise mobility, 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. The company’s cordless data capture devices include DuraScan 700 and 730 series linear barcode scanners; D740, D750, D760, and D790 universal barcode scanners that reads all common 1D, stacked, 2D, and postal codes; SocketScan 700 series barcode scanners, which include S700, S730, and S740 barcode scanners; and SocketScan 800 series cordless barcode scanners, including S800, a 1D linear imaging scanner, and S840 and S860 2D scanner that are attachable to smartphones, tablets, and other mobile devices with detachable clip or DuraCase. It also provides D600 contactless RFID/ Near Field Communications reader writer that can read and write various types of electronic SmartTags or transfer data with near field communication; and S500 token exchanger to facilitate the transfer of electronic tokens. In addition, the company offers SocketCare services program, which provides extended warranty and accidental breakage coverage for various products. It markets its products through a network of distributors and online resellers, application developers, and value added resellers. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Newark, California.

Details
Name: Socket Mobile, Inc.
SCKT
Exchange: NasdaqCM
Founded: 1992
$10,739,378
5,999,653
Website: http://www.socketmobile.com
Address: Socket Mobile, Inc.
39700 Eureka Drive,
Newark,
California, 94560,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM SCKT Common Stock Nasdaq Capital Market US USD 07. Jun 1995
BST SNB1 Common Stock Boerse-Stuttgart DE EUR 07. Jun 1995
Number of employees
Current staff
Staff numbers
56
Socket Mobile employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 00:15
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2018/02/15
Last earnings filing: 2019/10/24
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.