OMTK
Price:
$0.01
Market Cap:
$219.48K
Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. The company offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as liquid petroleum gas; natural gas engines and components; and high-pressure natural gas coalescing filters. Its products are used for stationary applications; and the transportation market, such as light commercial vehicles, minibuses, heavy-duty trucks, and municipal buses, as well as rail and marine applications. The company sells an...[Read more]
Industry
Auto - Parts
IPO Date
2007-11-01
Stock Exchange
OTC
Ticker
OMTK
According to Omnitek Engineering Corp.’s latest financial reports and current stock price. The company's current ROE is -7.02%. This represents a change of 191.61% compared to the average of -2.41% of the last 4 quarters.
The mean historical ROE of Omnitek Engineering Corp. over the last ten years is -56.68%. The current -7.02% ROE has changed -87.61% with respect to the historical average. Over the past ten years (40 quarters), OMTK's ROE was at its highest in in the June 2019 quarter at 124.22%. The ROE was at its lowest in in the March 2019 quarter at -735.64%.
Average
-56.68%
Median
5.12%
Minimum
-494.31%
Maximum
167.20%
Discovering the peaks and valleys of Omnitek Engineering Corp. 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 = 209.07%
Maximum Annual ROE = 167.20%
Minimum Annual Increase = -1025.53%
Minimum Annual ROE = -494.31%
| Year | ROE | Change |
|---|---|---|
| 2024 | 12.40% | -31.72% |
| 2023 | 18.17% | -8.93% |
| 2022 | 19.95% | -1025.53% |
| 2021 | -2.16% | -103.85% |
| 2020 | 56.02% | -66.49% |
| 2019 | 167.20% | -133.82% |
| 2018 | -494.31% | 127.37% |
| 2017 | -217.40% | 209.07% |
| 2016 | -70.34% | 24.93% |
| 2015 | -56.31% | -20.90% |
The current ROE of Omnitek Engineering Corp. (OMTK) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
16.84%
5-year avg
20.88%
10-year avg
-56.68%
Omnitek Engineering Corp.’s ROE is less than TUGA Innovations, Inc. (43.08%), less than Sense Technologies, Inc. (23.05%), less than Code Green Apparel Corp. (13.25%), less than Spot Coffee (Canada) Ltd. (18.54%), less than Blue Water Global Group, Inc. (392.93%), less than Sprout Tiny Homes, Inc. (0%), less than Agristar, Inc. (0%), greater than Esports Entertainment Group, Inc. (-1605.00%), less than New Momentum Corporation (21.89%), less than Bergio International, Inc. (61.53%),
| Company | ROE | Market cap |
|---|---|---|
| 43.08% | $535.59K | |
| 23.05% | $1.45K | |
| 13.25% | $371.77K | |
| 18.54% | $1.63K | |
| 392.93% | $37.27K | |
| 0% | $593.65K | |
| 0% | $500.00K | |
| -1605.00% | $332.33K | |
| 21.89% | $330.35K | |
| 61.53% | $289.83K |
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