8.48 USD
-0.24 (-2.75%)
8.64 USD
+0.16 (+1.89%)
We assign a fundamental rating of 5 out of 10 to MIND. MIND was compared to 60 industry peers in the Energy Equipment & Services industry. MIND has an excellent financial health rating, but there are some minor concerns on its profitability. MIND has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
MIND had positive earnings in the past year.
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.
1.2 Ratios
With an excellent Return On Assets value of 52.20%, MIND belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
MIND has a better Return On Equity (64.85%) than 100.00% of its industry peers.
With an excellent Return On Invested Capital value of 18.02%, MIND belongs to the best of the industry, outperforming 98.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 52.2% | ||
| ROE | 64.85% | ||
| ROIC | 18.02% |
ROA(3y)-0.28%
ROA(5y)-20.1%
ROE(3y)-1.89%
ROE(5y)-27.88%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MIND has a better Profit Margin (38.48%) than 100.00% of its industry peers.
With a decent Operating Margin value of 13.71%, MIND is doing good in the industry, outperforming 70.00% of the companies in the same industry.
MIND's Gross Margin of 45.53% is amongst the best of the industry. MIND outperforms 85.00% of its industry peers.
MIND's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.71% | ||
| PM (TTM) | 38.48% | ||
| GM | 45.53% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y19.87%
GM growth 5Y0.57%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MIND is creating value.
The number of shares outstanding for MIND has been increased compared to 1 year ago.
The number of shares outstanding for MIND has been increased compared to 5 years ago.
MIND has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 4.58 indicates that MIND is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.58, MIND belongs to the top of the industry, outperforming 93.33% of the companies in the same industry.
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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 4.58 |
ROIC/WACC2.05
WACC8.78%
2.3 Liquidity
MIND has a Current Ratio of 4.79. This indicates that MIND is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 4.79, MIND belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
A Quick Ratio of 3.01 indicates that MIND has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 3.01, MIND belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.79 | ||
| Quick Ratio | 3.01 |
3. Growth
3.1 Past
The earnings per share for MIND have decreased by -7.32% in the last year.
Looking at the last year, MIND shows a very strong growth in Revenue. The Revenue has grown by 28.36%.
The Revenue has been growing by 9.40% on average over the past years. This is quite good.
EPS 1Y (TTM)-7.32%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-94.12%
Revenue 1Y (TTM)28.36%
Revenue growth 3Y26.59%
Revenue growth 5Y9.4%
Sales Q2Q%-19.95%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y110.58%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.8%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.32 indicates a rather expensive valuation of MIND.
MIND's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.54, MIND is valued at the same level.
MIND is valuated correctly with a Price/Forward Earnings ratio of 12.99.
86.67% of the companies in the same industry are more expensive than MIND, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.78. MIND is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.32 | ||
| Fwd PE | 12.99 |
4.2 Price Multiples
63.33% of the companies in the same industry are cheaper than MIND, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, MIND is valued cheaper than 81.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.33 | ||
| EV/EBITDA | 8.17 |
4.3 Compensation for Growth
MIND's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for MIND!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
8.48
-0.24 (-2.75%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners15.84%
Inst Owner Change-17.28%
Ins Owners2.11%
Ins Owner Change0%
Market Cap67.59M
Revenue(TTM)46.86M
Net Income(TTM)18.70M
Analysts85.71
Price Target10.2 (20.28%)
Short Float %9.41%
Short Ratio2.68
Dividend
| Industry Rank | Sector 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)-111.61%
Min EPS beat(2)-247.06%
Max EPS beat(2)23.84%
EPS beat(4)3
Avg EPS beat(4)-39.71%
Min EPS beat(4)-247.06%
Max EPS beat(4)36.17%
EPS beat(8)3
Avg EPS beat(8)-219.13%
EPS beat(12)4
Avg EPS beat(12)-155.55%
EPS beat(16)5
Avg EPS beat(16)-125.08%
Revenue beat(2)1
Avg Revenue beat(2)-6.62%
Min Revenue beat(2)-23.3%
Max Revenue beat(2)10.06%
Revenue beat(4)3
Avg Revenue beat(4)5.86%
Min Revenue beat(4)-23.3%
Max Revenue beat(4)20.89%
Revenue beat(8)3
Avg Revenue beat(8)-7.84%
Revenue beat(12)5
Avg Revenue beat(12)-9.12%
Revenue beat(16)8
Avg Revenue beat(16)-8.11%
PT rev (1m)0%
PT rev (3m)25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-51.52%
EPS NY rev (1m)0%
EPS NY rev (3m)-12.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-25.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.32 | ||
| Fwd PE | 12.99 | ||
| P/S | 1.39 | ||
| P/FCF | 10.33 | ||
| P/OCF | 9.32 | ||
| P/B | 2.34 | ||
| P/tB | 2.52 | ||
| EV/EBITDA | 8.17 |
EPS(TTM)0.38
EY4.48%
EPS(NY)0.65
Fwd EY7.7%
FCF(TTM)0.82
FCFY9.68%
OCF(TTM)0.91
OCFY10.73%
SpS6.1
BVpS3.62
TBVpS3.37
PEG (NY)0.2
PEG (5Y)N/A
Graham Number5.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 52.2% | ||
| ROE | 64.85% | ||
| ROCE | 22.81% | ||
| ROIC | 18.02% | ||
| ROICexc | 24.63% | ||
| ROICexgc | 27.19% | ||
| OM | 13.71% | ||
| PM (TTM) | 38.48% | ||
| GM | 45.53% | ||
| FCFM | 13.46% |
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 Turnover1.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 80.41% | ||
| Cap/Sales | 1.46% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.13% | ||
| Profit Quality | 34.99% | ||
| Current Ratio | 4.79 | ||
| Quick Ratio | 3.01 | ||
| Altman-Z | 4.58 |
F-Score6
WACC8.78%
ROIC/WACC2.05
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 Y110.58%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)28.36%
Revenue growth 3Y26.59%
Revenue growth 5Y9.4%
Sales Q2Q%-19.95%
Revenue Next Year6.8%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y120.23%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year53.26%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y251.86%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y286.5%
OCF growth 3YN/A
OCF growth 5YN/A
MIND TECHNOLOGY INC / MIND FAQ
Can you provide the ChartMill fundamental rating for MIND TECHNOLOGY INC?
ChartMill assigns a fundamental rating of 5 / 10 to MIND.
What is the valuation status for MIND stock?
ChartMill assigns a valuation rating of 5 / 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.
Can you provide the PE and PB ratios for MIND stock?
The Price/Earnings (PE) ratio for MIND TECHNOLOGY INC (MIND) is 22.32 and the Price/Book (PB) ratio is 2.34.
Can you provide the expected EPS growth for MIND stock?
The Earnings per Share (EPS) of MIND TECHNOLOGY INC (MIND) is expected to grow by 110.58% in the next year.