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Socket Mobile (Socket Mobile) Intrinsic Value: Projected FCF : $1.99 (As of Apr. 27, 2024)


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What is Socket Mobile Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-27), Socket Mobile's Intrinsic Value: Projected FCF is $1.99. The stock price of Socket Mobile is $1.022. Therefore, Socket Mobile's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

The historical rank and industry rank for Socket Mobile's Intrinsic Value: Projected FCF or its related term are showing as below:

SCKT' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.51   Med: 0.89   Max: 2.17
Current: 0.51

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Socket Mobile was 2.17. The lowest was 0.51. And the median was 0.89.

SCKT's Price-to-Projected-FCF is ranked better than
88.29% of 1631 companies
in the Hardware industry
Industry Median: 1.4 vs SCKT: 0.51

Socket Mobile Intrinsic Value: Projected FCF Historical Data

The historical data trend for Socket Mobile's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Socket Mobile Intrinsic Value: Projected FCF Chart

Socket Mobile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 2.46 2.67 2.42 1.99

Socket Mobile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.42 2.71 2.38 2.04 1.99

Competitive Comparison of Socket Mobile's Intrinsic Value: Projected FCF

For the Computer Hardware subindustry, Socket Mobile's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Socket Mobile's Price-to-Projected-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Socket Mobile's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Socket Mobile's Price-to-Projected-FCF falls into.



Socket Mobile Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Socket Mobile's Free Cash Flow(6 year avg) = $-0.10.

Socket Mobile's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-0.09952+19.42*0.8)/7.328
=1.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Socket Mobile  (NAS:SCKT) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Socket Mobile's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1.022/1.9907934783255
=0.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Socket Mobile Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Socket Mobile's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Socket Mobile (Socket Mobile) Business Description

Industry
Traded in Other Exchanges
Address
40675 Encyclopedia Circle, Fremont, CA, USA, 94538
Socket Mobile Inc is a producer of data capture products. The company's products are integrated into mobile applications used in mobile point of sale (mPOS), 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. The company offers barcode scanning products for both one-dimensional, including imager and laser, and two-dimensional barcode scanning in standard and durable cases. The company's geographical segments are the United States, Europe, Asia, and the rest of the world, out of which the majority of the revenue is generated from the United States.
Executives
Kevin J Mills director, officer: President and CEO 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Charlie Bass director 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Giacomo Marini director 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Laura Weinstein director 40675 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538
Leonard L Ott officer: Chief Technical Officer 37400 CENTRAL COURT, NEWARK CA 94560
David A. Holmes officer: Chief Business Officer 39700 EUREKA DRIVE, NEWARK CA 94560
Lynn Zhao officer: Vice President and Controller 39700 EUREKA DRIVE, NEWARK CA 94560
David W Dunlap officer: CFO 37400 CENTRAL COURT, NEWARK CA 94560
Ivan Lazarev director 40675 ENCYCLOPEDIA CIR, FREMONT CA 94538
Parnell William L. Jr director 40675 ENCYCLOPEDIA CIR, FREMONT CA 94538
Nelson C Chan director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Brenton Earl Macdonald director 39700 EUREKA DRIVE, NEWARK CA 94560
James Lopez officer: VP Marketing & Business Dev. 39700 EUREKA DRIVE, NEWARK CA 94560
Erik L. Fidel director 39700 EUREKA DRIVE, NEWARK CA 94560
Kevin R Jost director 10370 RICHMOND AVENUE, SUITE 600, HOUSTON TX 77042