Schmitt Industries Stock

Schmitt Industries ROCE 2024

Schmitt Industries ROCE

-17.54

Ticker

SMIT

ISIN

US8068702005

WKN

775105

In 2024, Schmitt Industries's return on capital employed (ROCE) was -17.54, a 603.2% increase from the -2.49 ROCE in the previous year.

Schmitt Industries Aktienanalyse

What does Schmitt Industries do?

The company Schmitt Industries Inc was founded in 1987 and is headquartered in Portland, Oregon (USA). The company specializes in the development, manufacturing, and distribution of measurement and control devices. The focus is on process monitoring in manufacturing and measurement technology. Business Model: The business model of Schmitt Industries Inc is based on the manufacturing and marketing of various measuring instruments and supporting the equipment of production processes. The company meets the needs of customers and offers customized solutions and comprehensive support. Schmitt Industries Inc works closely with customers in the automotive, aviation, medical technology, and other industries. Divisions: Schmitt Industries Inc operates in three main divisions: 1. Process Instruments Division: This division includes the development and marketing of process control and monitoring systems used in manufacturing technology. This includes laser and ultrasound measuring systems as well as optical sensors. 2. Measurement Division: The measuring systems developed and manufactured in this division are used in measurement and testing technology. These are mechanical measuring instruments such as length measuring technology or shape and contour measuring devices. 3. Balancer Division: This division focuses on the production of balancing machines for rotors and other rotating components. The balancing machines are used in the industry to avoid vibrations and damage to machinery and systems. Products: The company offers a wide range of products, which include: - AccuMax Laser Scanner: This control and monitoring system accurately and quickly captures the alignment and geometry of parts or products and provides automatic correction. This ensures high quality, efficiency, and time savings. - Xact Wire Length Meters: A length measuring technology for performing mechanical precision measurements and cutting materials. It offers easy control to achieve higher efficiency and accuracy in industrial product manufacturing. - PreCise MRM: An automatic monitoring system for rotors equipped with the latest technology to reduce damage and problems in machinery and systems. It ensures better performance, reliability, and availability. In summary, Schmitt Industries Inc plays a significant role in manufacturing technology. It is a company with a passion for quality, technological advancement, and customer satisfaction. Schmitt Industries Inc manufactures innovative products and offers customized solutions for the diverse requirements of the industry. The company is committed to constantly improving its products and services and setting new standards in manufacturing technology. Schmitt Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Schmitt Industries's Return on Capital Employed (ROCE)

Schmitt Industries's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Schmitt Industries's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Schmitt Industries's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Schmitt Industries’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Schmitt Industries stock

What is the ROCE (Return on Capital Employed) of Schmitt Industries this year?

The ROCE of Schmitt Industries is -17.54 undefined this year.

How has the ROCE (Return on Capital Employed) of Schmitt Industries developed compared to the previous year?

The ROCE of Schmitt Industries has increased by 603.2% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Schmitt Industries?

A high Return on Capital Employed (ROCE) indicates that Schmitt Industries has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Schmitt Industries?

A low ROCE (Return on Capital Employed) can indicate that Schmitt Industries has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Schmitt Industries impact the company?

An increase in the ROCE of Schmitt Industries can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Schmitt Industries affect the company?

A decrease in ROCE of Schmitt Industries can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Schmitt Industries?

Some factors that can affect Schmitt Industries's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Schmitt Industries so important for investors?

The ROCE of Schmitt Industries is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Schmitt Industries take to improve the ROCE?

To improve the ROCE, Schmitt Industries can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Schmitt Industries pay?

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

What is the dividend yield of Schmitt Industries?

The current dividend yield of Schmitt Industries is .

When does Schmitt Industries pay dividends?

Schmitt Industries pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Schmitt Industries?

Schmitt Industries paid dividends every year for the past 0 years.

What is the dividend of Schmitt Industries?

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

In which sector is Schmitt Industries located?

Schmitt Industries is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Schmitt Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Schmitt Industries from 7/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/28/2024.

When did Schmitt Industries pay the last dividend?

The last dividend was paid out on 7/28/2024.

What was the dividend of Schmitt Industries in the year 2023?

In the year 2023, Schmitt Industries distributed 0 USD as dividends.

In which currency does Schmitt Industries pay out the dividend?

The dividends of Schmitt Industries are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Schmitt Industries

Our stock analysis for Schmitt Industries 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 Schmitt Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.