MIND TECHNOLOGY INC (MIND) Stock Fundamental Analysis
USA - NASDAQ:MIND - US6025663096 - Common Stock
10.43 USD
-0.64 (-5.78%)
10.55 USD
+0.12 (+1.15%)
MIND gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 60 industry peers in the Energy Equipment & Services industry. MIND is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. MIND has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MIND was profitable.
In the past year MIND had a positive cash flow from operations.
MIND had negative earnings in 4 of the past 5 years.
MIND had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 52.20%, MIND belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
With an excellent Return On Equity value of 64.85%, MIND belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 18.02%, MIND belongs to the top 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
Looking at the Profit Margin, with a value of 38.48%, MIND belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
MIND's Operating Margin of 13.71% is fine compared to the rest of the industry. MIND outperforms 70.00% of its industry peers.
MIND's Gross Margin of 45.53% is amongst the best of the industry. MIND outperforms 86.67% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MIND is creating value.
Compared to 1 year ago, MIND has more shares outstanding
Compared to 5 years ago, MIND has more shares outstanding
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.
2.2 Solvency
An Altman-Z score of 6.19 indicates that MIND is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 6.19, MIND belongs to the best of the industry, outperforming 96.67% 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 | 6.19 |
ROIC/WACC2.06
WACC8.77%
2.3 Liquidity
A Current Ratio of 4.79 indicates that MIND has no problem at all paying its short term obligations.
MIND has a Current ratio of 4.79. This is amongst the best in the industry. MIND outperforms 95.00% of its industry peers.
A Quick Ratio of 3.01 indicates that MIND has no problem at all paying its short term obligations.
MIND has a Quick ratio of 3.01. This is amongst the best in the industry. MIND outperforms 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.79 | ||
| Quick Ratio | 3.01 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 132.73% over the past year.
Looking at the last year, MIND shows a very strong growth in Revenue. The Revenue has grown by 27.70%.
The Revenue has been growing by 9.40% on average over the past years. This is quite good.
EPS 1Y (TTM)132.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%318.18%
Revenue 1Y (TTM)27.7%
Revenue growth 3Y26.59%
Revenue growth 5Y9.4%
Sales Q2Q%35.12%
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
MIND is valuated rather expensively with a Price/Earnings ratio of 19.31.
Compared to the rest of the industry, the Price/Earnings ratio of MIND is on the same level as its industry peers.
MIND is valuated rather cheaply when we compare the Price/Earnings ratio to 25.51, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 15.98 indicates a correct valuation of MIND.
MIND's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of MIND to the average of the S&P500 Index (34.98), we can say MIND is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.31 | ||
| Fwd PE | 15.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MIND is valued more expensive than 81.67% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MIND is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.7 | ||
| EV/EBITDA | 10.65 |
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)0.17
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 | N/A |
10.43
-0.64 (-5.78%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners19.46%
Inst Owner Change-17.02%
Ins Owners2.11%
Ins Owner Change0%
Market Cap83.13M
Revenue(TTM)48.61M
Net Income(TTM)18.70M
Analysts85.71
Price Target10.2 (-2.21%)
Short Float %7.97%
Short Ratio2.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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 | 19.31 | ||
| Fwd PE | 15.98 | ||
| P/S | 1.71 | ||
| P/FCF | 12.7 | ||
| P/OCF | 11.46 | ||
| P/B | 2.88 | ||
| P/tB | 3.1 | ||
| EV/EBITDA | 10.65 |
EPS(TTM)0.54
EY5.18%
EPS(NY)0.65
Fwd EY6.26%
FCF(TTM)0.82
FCFY7.87%
OCF(TTM)0.91
OCFY8.73%
SpS6.1
BVpS3.62
TBVpS3.37
PEG (NY)0.17
PEG (5Y)N/A
Graham Number6.63
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 | 6.19 |
F-Score6
WACC8.77%
ROIC/WACC2.06
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)132.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%318.18%
EPS Next Y110.58%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)27.7%
Revenue growth 3Y26.59%
Revenue growth 5Y9.4%
Sales Q2Q%35.12%
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 4 / 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 19.31 and the Price/Book (PB) ratio is 2.88.
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.