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Schmitt Industries (Schmitt Industries) Enterprise Value : $17.45 Mil (As of May. 13, 2024)


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What is Schmitt Industries Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Schmitt Industries's Enterprise Value is $17.45 Mil. Schmitt Industries's EBIT for the trailing twelve months (TTM) ended in May. 2022 was $-3.64 Mil. Therefore, Schmitt Industries's EV-to-EBIT ratio for today is -4.79.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Schmitt Industries's Enterprise Value is $17.45 Mil. Schmitt Industries's EBITDA for the trailing twelve months (TTM) ended in May. 2022 was $-3.21 Mil. Therefore, Schmitt Industries's EV-to-EBITDA ratio for today is -5.44.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Schmitt Industries's Enterprise Value is $17.45 Mil. Schmitt Industries's Revenue for the trailing twelve months (TTM) ended in May. 2022 was $9.89 Mil. Therefore, Schmitt Industries's EV-to-Revenue ratio for today is 1.76.


Schmitt Industries Enterprise Value Historical Data

The historical data trend for Schmitt Industries's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Schmitt Industries Enterprise Value Chart

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.09 7.57 0.18 31.39 34.32

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.39 20.68 32.44 19.29 34.32

Competitive Comparison of Schmitt Industries's Enterprise Value

For the Scientific & Technical Instruments subindustry, Schmitt Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Schmitt Industries's Enterprise Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Schmitt Industries's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Schmitt Industries's Enterprise Value falls into.



Schmitt Industries Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Schmitt Industries's Enterprise Value for the fiscal year that ended in May. 2022 is calculated as

Schmitt Industries's Enterprise Value for the quarter that ended in May. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Schmitt Industries  (OTCPK:SMIT) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Schmitt Industries's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=17.449/-3.643
=-4.79

Schmitt Industries's current Enterprise Value is $17.45 Mil.
Schmitt Industries's EBIT for the trailing twelve months (TTM) ended in May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.64 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Schmitt Industries's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=17.449/-3.207
=-5.44

Schmitt Industries's current Enterprise Value is $17.45 Mil.
Schmitt Industries's EBITDA for the trailing twelve months (TTM) ended in May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.21 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Schmitt Industries's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=17.449/9.893
=1.76

Schmitt Industries's current Enterprise Value is $17.45 Mil.
Schmitt Industries's Revenue for the trailing twelve months (TTM) ended in May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.89 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Schmitt Industries Enterprise Value Related Terms

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Schmitt Industries (Schmitt Industries) Business Description

Traded in Other Exchanges
N/A
Address
2765 North West Nicolai Street, Portland, OR, USA, 97210
Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. Xact product line includes satellite-focused remote tank monitoring products and related monitoring services for markets in the IoT environment. The Company also manufactures, wholesales, and retails ice cream and related products.
Executives
Dustin Henderson other: Shareholder 11125 N PARK BLVD, STE 106, SEMINOLE FL 33772
Kristi Michelle Smaha director C/O SCHMITT INDUSTRIES, INC., 2765 N.W. NICOLAI STREET, PORTLAND OR 97210-1818
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Philip Bosco officer: Chief Financial Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Lillian Tung director 45 WEST 67TH STREET, 10D, NEW YORK NY 10023
Michael R. Zapata officer: Chief Executive Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Andrews P Hines director
Steven Strom director 2765 NW NICOLAI STREET, PORTLAND OR 97210
Charles Davidson director C/O SCHMITT INDUSTRIES, INC., 2765 N.W. NICOLAI STREET, PORTLAND OR 97210
Jamie Michael Schmidt officer: Chief Financial Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Walter Brown Pistor 10 percent owner 2415 KALAMA RIVER ROAD, KALAMA WA 98625
Regina Walker officer: Chief Financial Officer 2765 NW NICOLAI STREET, PORTLAND OR 97210
Michael Ellsworth director SCHMITT INDUSTRIES, INC., 2765 NW NICOLAI, PORTLAND OR 97210
David Hudson director SCHMITT INDUSTRIES, INC., 2765 NW NICOLAI, PORTLAND OR 97210
Maynard E Brown director 1595 - 19TH STREET, WEST VANCOUVER A1 V7V 3X5

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