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Schmitt Industries (Schmitt Industries) Market Cap

: $0.12 Mil (As of Today)
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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 $17.45 Mil.


Schmitt Industries Market Cap Historical Data

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.

* Premium members only.

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Market Cap
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.15 9.03 10.33 20.45 16.99

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Market Cap 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 Premium Member Only Premium Member Only Premium Member Only 20.45 19.12 20.96 17.87 16.99

Competitive Comparison

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 Distribution

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.



Schmitt Industries Market Cap Calculation

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

Market Cap (A: May. 2022 )=Share Price (A: May. 2022 )*Shares Outstanding (EOP) (A: May. 2022 )
=$4.44*3.82572
=$16.99

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

Market Cap (Q: May. 2022 )=Share Price (Q: May. 2022 )*Shares Outstanding (EOP) (Q: May. 2022 )
=$4.44*3.82572
=$16.99

* 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) 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 company’s 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

Thank you for viewing the detailed overview of Schmitt Industries's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


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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