Schmitt Industries, Inc.

Schmitt Industries, Inc. - ROEverified

SMIT

Price:

$0.0277

Market Cap:

$107.26K

Schmitt Industries, Inc., identified by its stock symbol SMIT, operates globally through its subsidiaries, focusing on the development, manufacturing, and sale of diverse test and measurement solutions. Established in 1984, the company's main corporate office is situated in Portland, Oregon. The organization's operations are divided into two distinct divisions: Measurement and Ice Cream. The Measurement division specializes in designing, producing, and marketing advanced laser and confocal chromatic white light sensors under the Acuity brand. These precision instruments are engineered for tasks such as distance measurement and dimensional sizing, serving a wide array of industrial applicatio...[Read more]

Industry

Hardware, Equipment & Parts

IPO Date

1995-01-30

Stock Exchange

OTC

Ticker

SMIT

The ROE as of June 2026 (TTM) for Schmitt Industries, Inc. (SMIT) is -150.12%

According to Schmitt Industries, Inc.’s latest financial reports and current stock price. The company's current ROE is -150.12%. This represents a change of 0.15% 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 -78.17%. The current -150.12% ROE has changed 92.05% 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

-78.17%

Median

-9.33%

Minimum

-542.59%

Maximum

32.63%

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 = 32.63%

Minimum Annual Increase = -829.96%

Minimum Annual ROE = -542.59%

Quarterly (TTM)
Annual
YearROEChange
2022-542.59%152.83%
2021-214.60%-757.72%
202032.63%-350.21%
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

-241.52%

5-year avg

-147.08%

10-year avg

-78.17%

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

How is SMIT’s ROE compared to its peers?

Schmitt Industries, Inc.’s ROE is less than China Sun Group High-Tech Co. (17.92%), less than Corporate Universe, Inc. (210.09%), less than eFotoXpress, Inc. (0%), greater than Voyager Digital Ltd. (-55.10%), less than Movella Holdings Inc. (-0.07%), greater than Splitit Payments Ltd (-68.87%), less than Cyber Operations, Inc. (0%), greater than Xalles Holdings Inc. (-340.96%), greater than Perk Labs Inc. (-228.71%), less than Clean Energy Pathways, Inc. (0.13%),

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