Schmitt Financial Statements From 2010 to 2026
| SMIT Stock | USD 0.02 0.00 0.00% |
Check Schmitt Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Schmitt Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Schmitt financial statements analysis is a perfect complement when working with Schmitt Industries Valuation or Volatility modules.
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Schmitt Industries Company Return On Equity Analysis
Schmitt Industries' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Schmitt Industries Return On Equity | -1.7 |
Most of Schmitt Industries' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Schmitt Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Schmitt Industries has a Return On Equity of -1.6956. This is 85.91% lower than that of the Electronic Equipment, Instruments & Components sector and notably lower than that of the Information Technology industry. The return on equity for all United States stocks is notably higher than that of the company.
Schmitt Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Schmitt Industries's current stock value. Our valuation model uses many indicators to compare Schmitt Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Schmitt Industries competition to find correlations between indicators driving Schmitt Industries's intrinsic value. More Info.Schmitt Industries is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Schmitt Industries' earnings, one of the primary drivers of an investment's value.About Schmitt Industries Financial Statements
Schmitt Industries shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Schmitt Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Schmitt Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Schmitt Industries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. Schmitt Industries, Inc. was incorporated in 1984 and is headquartered in Portland, Oregon. Schmitt Inds operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 157 people.
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Additional Tools for Schmitt Pink Sheet Analysis
When running Schmitt Industries' price analysis, check to measure Schmitt Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schmitt Industries is operating at the current time. Most of Schmitt Industries' value examination focuses on studying past and present price action to predict the probability of Schmitt Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schmitt Industries' price. Additionally, you may evaluate how the addition of Schmitt Industries to your portfolios can decrease your overall portfolio volatility.