Schmitt Industries Inc. (SMIT)
undefined
undefined%
At close: undefined
0.01
-28.18%
Pre-market May 26, 2023, 11:08 AM EDT

Schmitt Industries Statistics

Share Statistics

Schmitt Industries has 3.87M shares outstanding. The number of shares has increased by 0% in one year.

Shares Outstanding 3.87M
Shares Change (YoY) n/a
Shares Change (QoQ) 0%
Owned by Institutions (%) n/a
Shares Floating 3.83M
Failed to Deliver (FTD) Shares 8.25K
FTD / Avg. Volume 930.81%

Short Selling Information

The latest short interest is 85.85K, so 2.22% of the outstanding shares have been sold short.

Short Interest 85.85K
Short % of Shares Out 2.22%
Short % of Float 2.24%
Short Ratio (days to cover) 0.31

Valuation Ratios

The PE ratio is -5.15 and the forward PE ratio is null.

PE Ratio -5.15
Forward PE null
PS Ratio 1.71
Forward PS null
PB Ratio 27.94
P/FCF Ratio -1.87
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

Schmitt Industries Inc. has an Enterprise Value (EV) of 34.24M.

EV / Earnings -10.43
EV / Sales 3.46
EV / EBITDA -10.68
EV / EBIT -3.23
EV / FCF -3.79

Financial Position

The company has a current ratio of 0.69, with a Debt / Equity ratio of 4.96.

Current Ratio 0.69
Quick Ratio 0.44
Debt / Equity 4.96
Total Debt / Capitalization 83.21
Cash Flow / Debt -2.68
Interest Coverage -226.7

Financial Efficiency

Return on equity (ROE) is -5.43% and return on capital (ROIC) is -56.2%.

Return on Equity (ROE) -5.43%
Return on Assets (ROA) -0.14%
Return on Capital (ROIC) -56.2%
Revenue Per Employee 63.01K
Profits Per Employee -20.92K
Employee Count 157
Asset Turnover 0.43
Inventory Turnover 3.34

Taxes

Income Tax 19.20K
Effective Tax Rate -0.01

Stock Price Statistics

The stock price has increased by -20.63% in the last 52 weeks. The beta is 0.2, so Schmitt Industries 's price volatility has been higher than the market average.

Beta 0.2
52-Week Price Change -20.63%
50-Day Moving Average 0.02
200-Day Moving Average 0.02
Relative Strength Index (RSI) 48.53
Average Volume (20 Days) 886

Income Statement

In the last 12 months, Schmitt Industries had revenue of $9.89M and earned -$3.28M in profits. Earnings per share was $-0.86.

Revenue 9.89M
Gross Profit 5.07M
Operating Income -10.62M
Net Income -3.28M
EBITDA -3.21M
EBIT -10.62M
Earnings Per Share (EPS) -0.86
Full Income Statement

Balance Sheet

The company has $1.05M in cash and $18.38M in debt, giving a net cash position of -$17.33M.

Cash & Cash Equivalents 1.05M
Total Debt 18.38M
Net Cash -17.33M
Retained Earnings -11.74M
Total Assets 22.84M
Working Capital -1.82M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$8.05M and capital expenditures -$996.90K, giving a free cash flow of -$9.04M.

Operating Cash Flow -8.05M
Capital Expenditures -996.90K
Free Cash Flow -9.04M
FCF Per Share -2.37
Full Cash Flow Statement

Margins

Gross margin is 51.23%, with operating and profit margins of -107.3% and -33.19%.

Gross Margin 51.23%
Operating Margin -107.3%
Pretax Margin -37.3%
Profit Margin -33.19%
EBITDA Margin -32.4%
EBIT Margin -107.3%
FCF Margin -91.42%

Dividends & Yields

SMIT does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Payout Ratio n/a
Earnings Yield -4300%
FCF Yield -12904.4%
Dividend Details

Analyst Forecast

Currently there are no analyst rating for SMIT.

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Stock Forecasts

Stock Splits

The last stock split was on Dec 31, 2002. It was a backward split with a ratio of 1:3.

Last Split Date Dec 31, 2002
Split Type backward
Split Ratio 1:3

Scores

Altman Z-Score -1.91
Piotroski F-Score 2