Singing Machine Company Stock

Singing Machine Company ROE

Delisted

The Return on Equity (ROE) of Singing Machine Company (SMDM) as of Aug 12, 2026 is 27.43 %. In the previous year, Return on Equity (ROE) was -50.26 % — a change of -154.58% (higher).

ROE

27.43 %

YoY

-154.58%

Last updated:

In 2026, Singing Machine Company's return on equity (ROE) was 27.43 %, a -154.58% increase from the -50.26 % ROE in the previous year.

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Singing Machine Company Stock analysis

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 is one of the most popular companies on Eulerpool.

ROE Details

Decoding Singing Machine Company's Return on Equity (ROE)

Singing Machine Company's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Singing Machine Company's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Singing Machine Company's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Singing Machine Company’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Singing Machine Company stock

Return on Equity (ROE) of Singing Machine Company is 27.43 % in 2026.

Return on Equity (ROE) of Singing Machine Company changed from -50.26 % to 27.43 %, representing a -154.58% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Singing Machine Company since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s Singing Machine Company with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Equity (ROE).

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Profitability — Singing Machine Company

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Singing Machine Company