MIND TECHNOLOGY INC (MIND) Fundamental Analysis & Valuation

NASDAQ:MIND • US6025663096

Current stock price

8.85 USD
-0.11 (-1.23%)
At close:
8.69 USD
-0.16 (-1.81%)
After Hours:

This MIND fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. MIND Profitability Analysis

1.1 Basic Checks

  • In the past year MIND was profitable.
  • MIND had a positive operating cash flow in the past year.
  • In the past 5 years MIND reported 4 times negative net income.
  • In the past 5 years MIND reported 4 times negative operating cash flow.
MIND Yearly Net Income VS EBIT VS OCF VS FCFMIND Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10M -10M -20M -30M

1.2 Ratios

  • MIND has a better Return On Assets (6.46%) than 81.67% of its industry peers.
  • The Return On Equity of MIND (7.66%) is better than 71.67% of its industry peers.
  • MIND has a Return On Invested Capital of 10.84%. This is amongst the best in the industry. MIND outperforms 86.67% of its industry peers.
Industry RankSector Rank
ROA 6.46%
ROE 7.66%
ROIC 10.84%
ROA(3y)-0.28%
ROA(5y)-20.1%
ROE(3y)-1.89%
ROE(5y)-27.88%
ROIC(3y)N/A
ROIC(5y)N/A
MIND Yearly ROA, ROE, ROICMIND Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 60 -60

1.3 Margins

  • MIND has a Profit Margin of 6.62%. This is in the better half of the industry: MIND outperforms 71.67% of its industry peers.
  • With a decent Operating Margin value of 12.04%, MIND is doing good in the industry, outperforming 65.00% of the companies in the same industry.
  • MIND has a Gross Margin of 45.94%. This is amongst the best in the industry. MIND outperforms 86.67% of its industry peers.
  • MIND's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 12.04%
PM (TTM) 6.62%
GM 45.94%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y19.87%
GM growth 5Y0.57%
MIND Yearly Profit, Operating, Gross MarginsMIND Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. MIND Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MIND is still creating some value.
  • Compared to 1 year ago, MIND has more shares outstanding
  • MIND has more shares outstanding than it did 5 years ago.
  • There is no outstanding debt for MIND. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
MIND Yearly Shares OutstandingMIND Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2M 4M 6M
MIND Yearly Total Debt VS Total AssetsMIND Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M

2.2 Solvency

  • MIND has an Altman-Z score of 5.66. This indicates that MIND is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of MIND (5.66) is better than 96.67% of its industry peers.
  • There is no outstanding debt for MIND. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 5.66
ROIC/WACC1.2
WACC9.06%
MIND Yearly LT Debt VS Equity VS FCFMIND Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M 40M 60M 80M 100M

2.3 Liquidity

  • A Current Ratio of 6.28 indicates that MIND has no problem at all paying its short term obligations.
  • MIND has a Current ratio of 6.28. This is amongst the best in the industry. MIND outperforms 100.00% of its industry peers.
  • MIND has a Quick Ratio of 4.56. This indicates that MIND is financially healthy and has no problem in meeting its short term obligations.
  • MIND has a better Quick ratio (4.56) than 98.33% of its industry peers.
Industry RankSector Rank
Current Ratio 6.28
Quick Ratio 4.56
MIND Yearly Current Assets VS Current LiabilitesMIND Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. MIND Growth Analysis

3.1 Past

  • The earnings per share for MIND have decreased by -7.32% in the last year.
  • MIND shows a small growth in Revenue. In the last year, the Revenue has grown by 2.21%.
  • MIND shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.40% yearly.
EPS 1Y (TTM)-7.32%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-94.12%
Revenue 1Y (TTM)2.21%
Revenue growth 3Y26.59%
Revenue growth 5Y9.4%
Sales Q2Q%-19.97%

3.2 Future

  • Based on estimates for the next years, MIND will show a very strong growth in Earnings Per Share. The EPS will grow by 42.83% on average per year.
  • The Revenue is expected to grow by 6.04% on average over the next years.
EPS Next Y57.94%
EPS Next 2Y42.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.05%
Revenue Next 2Y6.04%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
MIND Yearly Revenue VS EstimatesMIND Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M
MIND Yearly EPS VS EstimatesMIND Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 -5 -10 -15 -20 -25

More info and screens

Find the best growth stocksShow best growing peers

6

4. MIND Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 23.29, the valuation of MIND can be described as rather expensive.
  • Based on the Price/Earnings ratio, MIND is valued a bit cheaper than 75.00% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 24.88. MIND is around the same levels.
  • With a Price/Forward Earnings ratio of 13.99, MIND is valued correctly.
  • Based on the Price/Forward Earnings ratio, MIND is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
  • MIND is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 23.29
Fwd PE 13.99
MIND Price Earnings VS Forward Price EarningsMIND Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • MIND's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, MIND is valued a bit cheaper than the industry average as 71.67% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 15.61
EV/EBITDA 9.57
MIND Per share dataMIND EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4 5

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • MIND's earnings are expected to grow with 42.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y42.83%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. MIND Dividend Analysis

5.1 Amount

  • MIND does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

MIND Fundamentals: All Metrics, Ratios and Statistics

MIND TECHNOLOGY INC

NASDAQ:MIND (3/27/2026, 6:37:09 PM)

After market: 8.69 -0.16 (-1.81%)

8.85

-0.11 (-1.23%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)12-09
Earnings (Next)04-20
Inst Owners14.53%
Inst Owner Change5.18%
Ins Owners1.86%
Ins Owner Change0%
Market Cap80.00M
Revenue(TTM)46.20M
Net Income(TTM)3.06M
Analysts85.71
Price Target10.2 (15.25%)
Short Float %6.47%
Short Ratio3.2
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-35.02%
Min EPS beat(2)-93.87%
Max EPS beat(2)23.84%
EPS beat(4)2
Avg EPS beat(4)-70.23%
Min EPS beat(4)-247.06%
Max EPS beat(4)36.17%
EPS beat(8)3
Avg EPS beat(8)-127.56%
EPS beat(12)4
Avg EPS beat(12)-158.09%
EPS beat(16)5
Avg EPS beat(16)-130.75%
Revenue beat(2)1
Avg Revenue beat(2)-1.4%
Min Revenue beat(2)-12.86%
Max Revenue beat(2)10.06%
Revenue beat(4)2
Avg Revenue beat(4)-1.3%
Min Revenue beat(4)-23.3%
Max Revenue beat(4)20.89%
Revenue beat(8)3
Avg Revenue beat(8)-2.75%
Revenue beat(12)5
Avg Revenue beat(12)-6.55%
Revenue beat(16)7
Avg Revenue beat(16)-9.48%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 23.29
Fwd PE 13.99
P/S 1.73
P/FCF 15.61
P/OCF 13.65
P/B 2
P/tB 2.1
EV/EBITDA 9.57
EPS(TTM)0.38
EY4.29%
EPS(NY)0.63
Fwd EY7.15%
FCF(TTM)0.57
FCFY6.41%
OCF(TTM)0.65
OCFY7.33%
SpS5.11
BVpS4.42
TBVpS4.21
PEG (NY)0.4
PEG (5Y)N/A
Graham Number6.15
Profitability
Industry RankSector Rank
ROA 6.46%
ROE 7.66%
ROCE 13.72%
ROIC 10.84%
ROICexc 20.78%
ROICexgc 22.82%
OM 12.04%
PM (TTM) 6.62%
GM 45.94%
FCFM 11.09%
ROA(3y)-0.28%
ROA(5y)-20.1%
ROE(3y)-1.89%
ROE(5y)-27.88%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y19.87%
GM growth 5Y0.57%
F-Score6
Asset Turnover0.98
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 84.31%
Cap/Sales 1.59%
Interest Coverage 250
Cash Conversion 91.08%
Profit Quality 167.59%
Current Ratio 6.28
Quick Ratio 4.56
Altman-Z 5.66
F-Score6
WACC9.06%
ROIC/WACC1.2
Cap/Depr(3y)30.78%
Cap/Depr(5y)28.44%
Cap/Sales(3y)1.07%
Cap/Sales(5y)1.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.32%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-94.12%
EPS Next Y57.94%
EPS Next 2Y42.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.21%
Revenue growth 3Y26.59%
Revenue growth 5Y9.4%
Sales Q2Q%-19.97%
Revenue Next Year4.05%
Revenue Next 2Y6.04%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-12.48%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year39.04%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y178.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y193.27%
OCF growth 3YN/A
OCF growth 5YN/A

MIND TECHNOLOGY INC / MIND Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for MIND TECHNOLOGY INC?

ChartMill assigns a fundamental rating of 6 / 10 to MIND.


What is the valuation status of MIND TECHNOLOGY INC (MIND) stock?

ChartMill assigns a valuation rating of 6 / 10 to MIND TECHNOLOGY INC (MIND). This can be considered as Fairly Valued.


What is the profitability of MIND stock?

MIND TECHNOLOGY INC (MIND) has a profitability rating of 5 / 10.


What is the valuation of MIND TECHNOLOGY INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for MIND TECHNOLOGY INC (MIND) is 23.29 and the Price/Book (PB) ratio is 2.


What is the expected EPS growth for MIND TECHNOLOGY INC (MIND) stock?

The Earnings per Share (EPS) of MIND TECHNOLOGY INC (MIND) is expected to grow by 57.94% in the next year.