Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Schmitt Industries's share price for the quarter that ended in May. 2022 was $4.44. Schmitt Industries's Shares Outstanding (EOP) for the quarter that ended in May. 2022 was 3.83 Mil. Therefore, Schmitt Industries's market cap for the quarter that ended in May. 2022 was $16.99 Mil.
Schmitt Industries's quarterly market cap
declined
from Nov. 2021 ($20.96 Mil) to Feb. 2022 ($17.87 Mil) and
declined
from Feb. 2022 ($17.87 Mil) to May. 2022 ($16.99 Mil).
Schmitt Industries's annual market cap
increased
from May. 2020 ($10.33 Mil) to May. 2021 ($20.45 Mil) but then
declined
from May. 2021 ($20.45 Mil) to May. 2022 ($16.99 Mil).
Enterprise Value is 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 and cash equivalents. Schmitt Industries's Enterprise Value for Today is $0.07 Mil.
Schmitt Industries (OTCPK:SMIT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Schmitt Industries Market Cap Related Terms
Schmitt Industries Market Cap Historical Data
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The historical data trend for Schmitt Industries's Market Cap 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.
For the Scientific & Technical Instruments subindustry, Schmitt Industries's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, Schmitt Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Schmitt Industries's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Schmitt Industries's Market Cap for the fiscal year 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 (SMIT) has a Market Cap of $0.11 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Schmitt Industries and its competitors.
Is Schmitt Industries' Market Cap too high?
Schmitt Industries' current Market Cap is $0.11 Mil. The Hardware industry median Market Cap is 210.64. Schmitt Industries' value of $0.11 Mil is 99.9% below this industry median. Overall, Schmitt Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Schmitt Industries' Market Cap compare to WHD and VAL?
Schmitt Industries' Market Cap of $0.11 Mil can be compared against companies in the Hardware industry. The industry median Market Cap is 210.64. Schmitt Industries' value of $0.11 Mil is 99.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Hardware company?
The median Market Cap among Hardware companies is 210.64, based on 2,513 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Schmitt Industries's current Market Cap of $0.11 Mil is 99.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Schmitt Industries and its competitors. For the Hardware industry, the median Market Cap is 210.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Schmitt Industries's current Market Cap is $0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schmitt Industries stock overvalued right now?
Schmitt Industries (SMIT) has a current Market Cap of $0.11 Mil. The current Market Cap is $0.11 Mil and 99.9% below the Hardware industry median of 210.64. Schmitt Industries' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Schmitt Industries (SMIT), the current Market Cap is $0.11 Mil as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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. The company manufactures and sells products in two core product lines, Acuity Lasers and Xact Tank Monitoring.
12GF Score
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