Schmitt Industries, Inc.

Schmitt Industries, Inc.verified

SMIT

Price:

$0.016

Market Cap:

$61.95K

Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. The company operates through two segments, Measurement and Ice Cream. The Measurement segment designs, manufactures, and sells laser and confocal chromatic white light sensors for distance measurement and dimensional sizing products under the Acuity brand name for various industrial applications, including manufacturing, lumber production, steel casting, glass and paper production, medical imaging, crane control and micron-level part, and surface inspection. It also offers AR550 high speed laser sensor for application in vibration measurements, scanning of roads...[Read more]

Industry

Hardware, Equipment & Parts

IPO Date

1995-01-30

Stock Exchange

NASDAQ

Ticker

SMIT

The ROE as of September 2024 (TTM) for Schmitt Industries, Inc. (SMIT) is -169.56%

According to Schmitt Industries, Inc.’s latest financial reports and current stock price. The company's current ROE is -169.56%. This represents a change of 13.11% compared to the average of -149.90% of the last 4 quarters.

Schmitt Industries, Inc. (SMIT) Historical ROE (quarterly & annually)

How has SMIT ROE performed in the past?

The mean historical ROE of Schmitt Industries, Inc. over the last ten years is -90.01%. The current -169.56% ROE has changed 88.38% with respect to the historical average. Over the past ten years (40 quarters), SMIT's ROE was at its highest in in the November 2021 quarter at 43.92%. The ROE was at its lowest in in the May 2022 quarter at -583.84%.

Quarterly (TTM)
Annual

Average

-90.01%

Median

-14.21%

Minimum

-612.83%

Maximum

2.21%

Schmitt Industries, Inc. (SMIT) ROE by Quarter and Year

Discovering the peaks and valleys of Schmitt Industries, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.82%

Maximum Annual ROE = 2.21%

Minimum Annual Increase = -829.96%

Minimum Annual ROE = -612.83%

Quarterly (TTM)
Annual
YearROEChange
2022-612.83%185.56%
2021-214.60%1.29%
2020-15.49%18.79%
2019-13.04%-689.11%
20182.21%-114.39%
2017-15.38%-18.74%
2016-18.93%1.82%
2015-0.99%-82.41%
2014-5.61%4.13%
2013-5.39%-829.96%

Schmitt Industries, Inc. (SMIT) Average ROE

How has SMIT ROE performed in the past?

The current ROE of Schmitt Industries, Inc. (SMIT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-280.98%

5-year avg

-170.75%

10-year avg

-90.01%

Schmitt Industries, Inc. (SMIT) ROE vs. Peers

How is SMIT’s ROE compared to its peers?

Schmitt Industries, Inc.’s ROE is greater than Acorn Energy, Inc. (-60.14%), greater than Nanalysis Scientific Corp. (-52.33%), greater than Genasys Inc. (-88.31%), less than Kraken Robotics Inc. (25.34%), greater than Bonso Electronics International Inc. (-16.86%), greater than Mesa Laboratories, Inc. (-92.12%), less than Autoscope Technologies Corporation (0%), less than AERWINS Technologies Inc. (26.37%), less than Teledyne Technologies Incorporated (69.80%), less than MKS Instruments, Inc. (9.62%), less than ESCO Technologies Inc. (0.37%), less than Know Labs, Inc. (8.58%), less than Focus Universal Inc. (4.63%), greater than Sono-Tek Corporation (-176.72%), less than MIND Technology, Inc. (10.69%), less than Saddle Ranch Media, Inc. (16.36%), less than Sensata Technologies Holding plc (116.85%), less than null (0.27%),

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