Grufity logoGrufity logo
Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
SMIT

SMIT - Schmitt Industries Inc Stock Price, Fair Value and News

0.01USD0.00 (0.00%)Delayed

Market Summary

SMIT
USD0.010.00
Delayed
0.00%

SMIT Stock Price

View Fullscreen

SMIT RSI Chart

SMIT Valuation

Market Cap

116.2K

Price/Earnings (Trailing)

-0.04

Price/Sales (Trailing)

0.01

EV/EBITDA

-0.49

Price/Free Cashflow

-0.01

SMIT Price/Sales (Trailing)

SMIT Profitability

Free Cashflow Yield

-7.8K%

SMIT Fundamentals

SMIT Revenue

SMIT Earnings

Breaking Down SMIT Revenue

Trailing 12 Months

-92.8%

How does SMIT drawdown profile look like?

SMIT Financial Health

SMIT Investor Care

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20229.0M9.9M00
20216.2M5.6M7.9M8.8M
20204.4M4.2M4.6M5.6M
20199.5M6.9M4.6M4.5M
201813.7M13.9M14.2M11.6M
201711.7M12.4M12.6M13.7M
201612.6M11.7M11.5M11.1M
201512.2M13.1M13.1M13.0M
201412.4M12.1M12.3M12.3M
201313.5M12.5M11.7M12.1M
201213.4M14.4M14.6M13.9M
201110.3M11.5M12.6M13.1M
201006.8M8.0M9.1M
Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Schmitt Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 23, 2023
henderson dustin
acquired
130
0.013
10,000
-
Nov 15, 2022
smaha kristi michelle
acquired
-
-
43,103
-
Oct 12, 2022
zapata michael r.
acquired
-
-
3,788
chief executive officer
Oct 12, 2022
zyngier alexandre
acquired
-
-
3,346
-
Apr 14, 2022
zapata michael r.
sold (taxes)
-2,999
4.87
-616
chief executive officer
Apr 14, 2022
tung lillian
acquired
-
-
1,258
-
Apr 14, 2022
tung lillian
sold (taxes)
-2,449
4.87
-503
-
Apr 14, 2022
zyngier alexandre
acquired
-
-
1,361
-
Apr 14, 2022
zapata michael r.
acquired
-
-
1,541
chief executive officer
Mar 14, 2022
bosco philip
acquired
-
-
1,527
chief financial officer

1–10 of 50

Which funds bought or sold SMIT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 01, 2024
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
 -%
Nov 12, 2021
Knott David M
new
-
11,000
11,000
 -%

1–2 of 2

Are Funds Buying or Selling SMIT?

Are funds buying SMIT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SMIT
No. of Funds

Unveiling Schmitt Industries Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Dec 23, 2022
lazar david e.
0%
0
SC 13D/A
Nov 14, 2022
gamco investors, inc. et al
15.13%
586,000
SC 13D/A
Nov 19, 2021
activist investing llc
9.9%
377,892
SC 13D
Feb 11, 2021
renaissance technologies llc
0.00%
0
SC 13G/A
Aug 27, 2020
gamco investors, inc. et al
16.15%
610,000
SC 13D/A
Feb 14, 2020
renaissance technologies llc
6.21%
258,148
SC 13G/A
Dec 20, 2019
sententia capital management, llc
11.6%
474,235
SC 13D/A
Dec 19, 2019
pistor walter brown
0%
0
SC 13D/A

Schmitt Industries Inc News

Latest updates
Forbes • 3 months ago
Eric Schmidt's Secret Military Project Revealed: Attack Drones.
Eater NY • 5 months ago
Ample Hills Founders Fired Months Into Relaunching the Business
Inc. • 5 months ago
EXCLUSIVE: The Ample Hills Co-Founders Have Been Let Go--Less Than 6 Months After They Returned to the Company
CNBC • 7 months ago
This couple built a $40 million ice cream company, then 'lost everything'—how they're rebuilding
The New York Times • 11 months ago
Brooklyn’s Ample Hills Creamery Aims to Rise Again
New York Post • 11 months ago
Is Ample Hills plotting a comeback?
The Red Hook Star-Revue • 12 months ago
Was it all just a Royal Scam? Unpacking the Ample Hills cone, by Brian Abate - The Red Hook Star-Revue
AccessWire • 18 months ago
INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of ...
Business Wire • 18 months ago
Schmitt Industries, Inc. (SMIT) Class Action: Contact Robbins LLP if You Have Significant Losses in Schmitt Industries ...
Seeking Alpha • 3 years ago
An Inside Scoop On Ample Hills: Schmitt Industries Got A Great Deal (OTCMKTS:SMIT)

Schmitt Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q22018Q12017Q42017Q32017Q2
Revenue-28.4%1,323,1571,848,9132,961,9653,759,175394,8181,668,4442,029,7121,507,485967,0781,094,9671,033,1021,094,7781,204,7761,120,5451,157,9993,440,4533,794,6773,238,8583,770,8803,083,6483,650,428
Cost Of Revenue-4.3%984,9891,029,2211,341,2791,469,150731,084837,2541,067,599899,841487,260491,346643,348617,423145,504705,259675,8722,100,6552,177,3771,916,3452,044,8981,684,1292,387,322
Gross Profit-58.7%338,169819,6921,620,6862,290,025-336,266831,190962,113607,644479,818603,621389,754477,355-37,893415,286482,1271,339,7981,617,3001,322,5131,725,9821,399,5191,263,106
Operating Expenses11.9%3,765,8143,366,1003,892,7284,659,8173,821,9243,335,6503,109,3932,229,3361,350,7931,035,322998,607707,238464,147831,602825,5031,453,6001,377,4301,362,5081,625,2031,544,8011,684,783
  S&GA Expenses11.9%3,753,4743,352,8293,887,1484,650,5522,905,9633,313,9183,091,5162,086,7161,314,3151,011,414993,230704,152473,050826,105800,6711,405,3631,303,1201,286,7181,524,4431,468,3441,617,454
  R&D Expenses-7.0%12,34013,2715,5809,26512,53921,73217,87717,45339,16723,908-3,086-8,9025,49724,83248,23774,31075,790100,76076,45767,329
EBITDA Margin19.0%-0.32-0.40-0.56-1.28-1.53-0.88-0.60-0.32-0.40-0.31-0.34----------
Interest Expenses9.5%9,0178,23218,30311,2768,0135,4001,2852,511-2,435-3622,0733,1758,523199263287329372413555
Income Taxes-59.7%3,3298,268-1,8259,4251,001-1,6371,637-404,667-13,622-4,206-4,4392,32521,3982,1892,1146,3666,6806,2676,6096,3596,637
Earnings Before Taxes-236.6%-3,517,272-1,045,0622,481,024-1,608,378-3,998,555-2,421,434-2,364,832-254,008-744,924-244,483-603,497-225,539-451,228-421,774-337,370-205,453232,61621,820109,857-127,739-427,295
EBT Margin19.8%-0.37-0.47-0.63-1.32-1.61-0.94-0.64-0.40-0.43-0.34-0.38----------
Net Income-193.9%-3,095,493-1,053,3302,482,849-1,617,803-3,454,065-2,419,797-2,366,469150,659-676,045-131,1704,517,947169,808-268,711-475,189-255,272-211,819225,93615,553103,248-134,098-433,932
Net Income Margin18.3%-0.33-0.41-0.57-1.26-1.44-0.86-0.540.840.930.970.89----------
Free Cashflow24.3%-1,948,331-2,573,533-2,950,793-1,571,523-2,176,566-3,126,169-2,072,231-969,826-377,462-304,138585,798----------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q22018Q12017Q42017Q32017Q2
Assets11.4%22,83920,49323,37320,02921,17422,43325,17627,27613,20113,73115,04310,1139,86510,53010,93811,15311,28611,0499,0048,7159,006
  Current Assets-22.7%4,0065,1827,9266,0066,9577,25910,02512,15412,26112,75814,0468,8268,6349,2499,7599,92710,0189,7337,6367,2937,540
    Cash Equivalents-47.4%1,0511,9994,5732,7264,0334,1667,3379,47110,56710,96412,5251,6481,4671,2261,3561,8012,1122,047587529868
  Inventory-34.3%1,4442,1981,8301,8291,2512,0041,7521,8571,0591,0571,0785,0191,2415,7516,0776,1355,7115,4504,7924,5454,205
  Net PPE--------2,164652659657817753863735755771794819846865
Liabilities32.2%22,23416,81718,66917,85017,40415,31215,48215,2831,3081,1721,1621,3381,392--------
  Current Liabilities30.8%5,8284,4564,7154,9084,0093,4433,0262,5571,3081,1721,1621,2441,3641,8241,8071,7641,7701,7112,0161,8652,029
  Long Term Debt63.4%2,4971,5282,5952,8013,2531,4771,7911,797-------------
    LT Debt, Current--------626---21.0021.0021.00-------
    LT Debt, Non Current63.4%2,4971,5282,5952,8013,2531,4771,7911,797-------------
Shareholder's Equity-83.5%6053,6764,7042,1793,7707,1219,69411,99211,89312,55913,8818,7758,4738,6719,1319,3899,5169,3396,9886,8506,977
  Retained Earnings-35.8%-11,737-8,642-7,588-10,071-8,453-4,999-2,579-213-364312443-4,074-4,244-3,975-3,500-3,245-3,033-3,259-3,275-3,378-3,244
Shares Outstanding0.2%3,8263,8193,8113,8003,7873,7653,7633,7643,7853,9934,0314,033---------
Float---17,796---20,469---8,803---6,820---5,042--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q22018Q12017Q42017Q32017Q2
Cashflow From Operations52.2%-1,203-2,515-2,882-1,445-1,282-2,874-1,947-836-372-29060092.00267-111-450-40293.00-86180.00-315361
  Share Based Compensation-4.9%24.0026.0042.0027.00103-87.8869.0018327.0013412172.0089.00-3.313.006.008.001.0019.0021.0061.00
Cashflow From Investing-1190.8%-744-57.704,730-126-846-218-167-1,802-7.6893.0010,29212.001*843*-267*-5.25--611*-7.58-4.12
Cashflow From Financing-1,000--2641,995-78.16-19.321,543-17.31-1,364-5.15-5.05-7.0657.00-------
  Buy Backs-----66.00--23517.001,333-----------
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

SMIT Income Statement

2022-05-31
Consolidated Statements of Operations - USD ($)
12 Months Ended
May 31, 2022
May 31, 2021
Income Statement [Abstract]  
Net sales$ 9,893,210$ 5,600,459
Cost of revenue4,824,6393,535,778
Gross profit5,068,5712,064,681
Operating expenses:  
General, administrative and sales15,644,00111,398,113
Impairment of intangible assets0903,422
Transaction costs125,167
Research & development40,45669,601
Total operating expenses15,684,45712,496,303
Operating loss(10,615,886)(10,431,622)
Gain on sale of property and equipment4,598,09524,208
Bargain purchase gain1,138,808
Forgiveness of PPP loans2,059,5560
Interest Expense(46,828)(19,038)
Other income, net315,376248,815
Loss before income taxes for continuing operations(3,689,687)(9,038,829)
Income tax provision (benefit) from continuing operations19,197(403,666)
Net loss from continuing operations(3,708,884)(8,635,163)
Income from discontinued operations, net of tax425,108545,491
Net loss$ (3,283,776)$ (8,089,672)
Net loss per common share from continuing operations:  
Basic$ (0.97)$ (2.29)
Weighted average number of common shares, basic3,808,4463,765,783
Diluted$ (0.97)$ (2.29)
Weighted average number of common shares, diluted3,808,4463,765,783
Net income per common share from discontinued operations:  
Basic$ 0.11$ 0.15
Weighted average number of common shares, basic3,808,4463,765,783
Diluted$ 0.11$ 0.15
Weighted average number of common shares, diluted3,808,4463,765,783
Net loss per common share:  
Basic$ (0.86)$ (2.15)
Weighted average number of common shares, basic3,808,4463,765,783
Diluted$ (0.86)$ (2.15)
Weighted average number of common shares, diluted3,808,4463,765,783

SMIT Balance Sheet

2022-05-31
Consolidated Balance Sheets - USD ($)
May 31, 2022
May 31, 2021
Current assets  
Cash and cash equivalents$ 1,050,910$ 4,032,690
Accounts receivable, net751,551728,867
Inventories, net1,443,5291,251,422
Prepaid expenses94,648198,345
Income tax receivable018,057
Current portion of assets held for sale as discontinued operations665,206727,666
Total current assets4,005,8446,957,047
Leasehold assets14,282,28610,448,486
Property and equipment, net2,947,6282,823,366
Property and equipment held for sale, net433,410174,847
Non-current assets held for sale as discontinued operations482,279298,507
Leasehold, utilities, and ERP deposits560,660321,555
Other assets  
Intangible assets, net127,189150,122
TOTAL ASSETS22,839,29621,173,930
Current liabilities  
Accounts payable844,494581,967
Accrued commissions66,08360,614
Accrued payroll liabilities540,895514,660
Accrued liabilities429,003465,146
Customer deposits and prepayments116,30993,364
Other accrued liabilities1,668,298694,590
Current portion of long-term lease liabilities1,474,4631,042,331
Current portion of long-term debt503,219541,691
Liabilities held for sale as discontinued operations185,15814,731
Total current liabilities5,827,9224,009,094
Long-term debt2,496,7813,253,389
Long-term leasehold liabilities13,909,38810,141,864
Total liabilities22,234,09117,404,347
Stockholders' equity  
Common stock, no par value, 20,000,000 shares authorized, 4,243,775 and 3,825,724 shares issued and outstanding at May 31, 2022, respectively; and 4,204,553 and 3,786,502 shares issued and outstanding at May 31, 2021, respectively12,342,75712,223,359
Accumulated deficit(11,737,552)(8,453,776)
Total stockholders' equity605,2053,769,583
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 22,839,296$ 21,173,930

About Schmitt Industries Inc

SMIT
Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. The company operates through two segments, Measurement and Ice Cream. The Measurement segment designs, manufactures, and sells laser and confocal chromatic white light sensors for distance measurement and dimensional sizing products under the Acuity brand name for various industrial applications, including manufacturing, lumber production, steel casting, glass and paper production, medical imaging, crane control and micron-level part, and surface inspection. It also offers AR2700 high speed long range sensor for application in bridge crane monitoring, trolley positioning, and altitude measurements; 8-inch touch panel display, a full suite of connection ports; and satellite focused remote tank monitoring products under the Xact brand that measure the fill levels of tanks holding propane, diesel, and other tank-based liquids, as well as related monitoring services, including transmission of fill data from the tanks via satellite to a secure website for display. The Ice Cream segment manufactures, wholesales, and retails ice creams, ice cream cakes, and related products, as well as sells through its website; and serves ice cream at catering events and holds various community-building events comprising ice cream classes, and live comedy and music performances through Ample Hills Creamery brand. Schmitt Industries, Inc. was incorporated in 1984 and is headquartered in Portland, Oregon.
 CEO
 WEBSITEschmittindustries.com
 INDUSTRYConsumer Electronics
 EMPLOYEES157

Schmitt Industries Inc Frequently Asked Questions

What is the ticker symbol for Schmitt Industries Inc? What does SMIT stand for in stocks?

SMIT is the stock ticker symbol of Schmitt Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Schmitt Industries Inc (SMIT)?

As of Thu May 16 2024, market cap of Schmitt Industries Inc is 116.16 Thousand. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SMIT stock?

You can check SMIT's fair value in chart for subscribers.

What is the fair value of SMIT stock?

You can check SMIT's fair value in chart for subscribers. The fair value of Schmitt Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Schmitt Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SMIT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Schmitt Industries Inc a good stock to buy?

The fair value guage provides a quick view whether SMIT is over valued or under valued. Whether Schmitt Industries Inc is cheap or expensive depends on the assumptions which impact Schmitt Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SMIT.

What is Schmitt Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, SMIT's PE ratio (Price to Earnings) is -0.04 and Price to Sales (PS) ratio is 0.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SMIT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Schmitt Industries Inc's stock?

In the past 10 years, Schmitt Industries Inc has provided -0.367 (multiply by 100 for percentage) rate of return.