Schmitt Industries Stock

Schmitt Industries ROE 2024

Schmitt Industries ROE

-5.43

Ticker

SMIT

ISIN

US8068702005

WKN

775105

In 2024, Schmitt Industries's return on equity (ROE) was -5.43, a 152.83% increase from the -2.15 ROE 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.

ROE Details

Decoding Schmitt Industries's Return on Equity (ROE)

Schmitt Industries'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 Schmitt Industries'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

Schmitt Industries'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 Schmitt Industries’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 Schmitt Industries stock

What is the ROE (Return on Equity) of Schmitt Industries this year?

The ROE of Schmitt Industries this year is -5.43 undefined.

How has the Return on Equity (ROE) of Schmitt Industries developed compared to the previous year?

The ROE of Schmitt Industries has increased by 152.83% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Schmitt Industries?

A high ROE indicates that Schmitt Industries generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Schmitt Industries?

A low ROE can indicate that Schmitt Industries is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Schmitt Industries affect the company?

A change in ROE (Return on Equity) of Schmitt Industries can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Schmitt Industries?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Schmitt Industries?

Some factors that can influence Schmitt Industries's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 7/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/29/2024.

When did Schmitt Industries pay the last dividend?

The last dividend was paid out on 7/29/2024.

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.

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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.