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Singing Machine Company - Stock

Singing Machine Company P/S 2024

Singing Machine Company P/S

0.3

Ticker

SMDM

ISIN

US8293223041

WKN

893475

As of Jun 26, 2024, Singing Machine Company's P/S ratio stood at 0.3, a 114.29% change from the 0.14 P/S ratio recorded in the previous year.

The Singing Machine Company P/S history

Singing Machine Company Aktienanalyse

What does Singing Machine Company do?

The Singing Machine Company Inc. is a company that produces and distributes karaoke systems and accessories. It was founded in 1982 and is headquartered in Fort Lauderdale, Florida. The company has branches in Canada, Europe, and Asia. It started as a small family business and quickly became a leading provider of karaoke products. Over the years, the company has adapted and evolved its business model. In the 1990s, it focused on manufacturing CD players and karaoke systems for the consumer market. In the 2000s, it expanded to international markets and added professional karaoke systems for DJs and bars to its range. Today, it is a leading provider of karaoke products for both the consumer and professional markets. The company offers a wide range of karaoke systems, including all-in-one systems, portable CD players, Bluetooth speakers, and microphones. It also offers various accessories and software, such as karaoke songs, songbooks, and karaoke apps. The Singing Machine Company is divided into different business divisions that reflect its various product ranges. Its consumer division focuses on karaoke systems and accessories for home use, while its professional division offers DJ and bar karaoke systems, stage lighting, and audio equipment. The company also has a division for the A/V market, providing professional audio and video products for businesses, schools, and communities. One example of a Singing Machine Company product is the SML385BTBK karaoke system, which is an all-in-one system with a CD player, Bluetooth features, and a second microphone. It also has a USB port that allows users to store and play their favorite music on a USB drive. Overall, the Singing Machine Company Inc. has become a leading provider of karaoke products and accessories in America and international markets. By manufacturing high-quality products and constantly adapting to the changing needs of customers, the company has established itself as a market leader. Singing Machine Company ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Singing Machine Company's P/S Ratio

Singing Machine Company's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Singing Machine Company's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Singing Machine Company's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Singing Machine Company’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Singing Machine Company Stock

What is the price-to-earnings ratio of Singing Machine Company?

The price-earnings ratio of Singing Machine Company is currently 0.3.

How has the price-earnings ratio of Singing Machine Company changed compared to last year?

The price-to-earnings ratio of Singing Machine Company has increased by 114.29% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Singing Machine Company high compared to other companies?

Yes, the price-to-earnings ratio of Singing Machine Company is high compared to other companies.

How does an increase in the price-earnings ratio of Singing Machine Company affect the company?

An increase in the price-earnings ratio of Singing Machine Company would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Singing Machine Company affect the company?

A decrease in the price-earnings ratio of Singing Machine Company would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Singing Machine Company?

Some factors that influence the price-earnings ratio of Singing Machine Company are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Singing Machine Company pay?

Over the past 12 months, Singing Machine Company paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Singing Machine Company is expected to pay a dividend of 0 USD.

What is the dividend yield of Singing Machine Company?

The current dividend yield of Singing Machine Company is .

When does Singing Machine Company pay dividends?

Singing Machine Company pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Singing Machine Company?

Singing Machine Company paid dividends every year for the past 0 years.

What is the dividend of Singing Machine Company?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Singing Machine Company located?

Singing Machine Company is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Singing Machine Company kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Singing Machine Company from 6/26/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/26/2024.

When did Singing Machine Company pay the last dividend?

The last dividend was paid out on 6/26/2024.

What was the dividend of Singing Machine Company in the year 2023?

In the year 2023, Singing Machine Company distributed 0 USD as dividends.

In which currency does Singing Machine Company pay out the dividend?

The dividends of Singing Machine Company are distributed in USD.

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Andere Kennzahlen von Singing Machine Company

Our stock analysis for Singing Machine Company Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Singing Machine Company Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.