8.05 USD
-0.3 (-3.59%)
7.9404 USD
-0.11 (-1.36%)
Overall MIND gets a fundamental rating of 5 out of 10. We evaluated MIND against 62 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MIND had positive earnings in the past year.
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
The Return On Assets of MIND (6.46%) is better than 77.42% of its industry peers.
Looking at the Return On Equity, with a value of 7.66%, MIND is in the better half of the industry, outperforming 62.90% of the companies in the same industry.
With an excellent Return On Invested Capital value of 10.84%, MIND belongs to the best of the industry, outperforming 82.26% of the companies in the same industry.
| Industry Rank | Sector 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
1.3 Margins
The Profit Margin of MIND (6.62%) is better than 67.74% of its industry peers.
With a decent Operating Margin value of 12.04%, MIND is doing good in the industry, outperforming 66.13% 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 85.48% of its industry peers.
MIND's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector 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%
2. Health
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.
The number of shares outstanding for MIND has been increased compared to 1 year ago.
MIND has more shares outstanding than it did 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 4.49 indicates that MIND is not in any danger for bankruptcy at the moment.
MIND's Altman-Z score of 4.49 is amongst the best of the industry. MIND outperforms 90.32% of its industry peers.
MIND has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 4.49 |
ROIC/WACC1.23
WACC8.82%
2.3 Liquidity
MIND has a Current Ratio of 6.28. This indicates that MIND is financially healthy and has no problem in meeting its short term obligations.
MIND has a better Current ratio (6.28) than 100.00% of its industry peers.
A Quick Ratio of 4.56 indicates that MIND has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 4.56, MIND belongs to the best of the industry, outperforming 98.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.28 | ||
| Quick Ratio | 4.56 |
3. Growth
3.1 Past
MIND shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.32%.
Looking at the last year, MIND shows a small growth in Revenue. The Revenue has grown by 2.21% in the last year.
Measured over the past years, MIND shows a quite strong growth in Revenue. The Revenue has been growing by 9.40% on average per year.
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
MIND is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 42.83% yearly.
Based on estimates for the next years, MIND will show a small growth in Revenue. The Revenue will grow by 6.04% on average per year.
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.
4. Valuation
4.1 Price/Earnings Ratio
MIND is valuated rather expensively with a Price/Earnings ratio of 21.18.
62.90% of the companies in the same industry are more expensive than MIND, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.92. MIND is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 12.73, which indicates a correct valuation of MIND.
87.10% of the companies in the same industry are more expensive than MIND, based on the Price/Forward Earnings ratio.
MIND's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.18 | ||
| Fwd PE | 12.73 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MIND.
Based on the Price/Free Cash Flow ratio, MIND is valued a bit cheaper than the industry average as 67.74% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.52 | ||
| EV/EBITDA | 7.33 |
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.
A more expensive valuation may be justified as MIND's earnings are expected to grow with 42.83% in the coming years.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y42.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for MIND!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
8.05
-0.3 (-3.59%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners13.7%
Inst Owner Change0%
Ins Owners1.86%
Ins Owner Change0%
Market Cap64.16M
Revenue(TTM)46.20M
Net Income(TTM)3.06M
Analysts85.71
Price Target10.2 (26.71%)
Short Float %11.99%
Short Ratio3.13
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)-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)25%
EPS NQ rev (1m)-13.89%
EPS NQ rev (3m)-6.06%
EPS NY rev (1m)-25%
EPS NY rev (3m)-25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-2.58%
Revenue NY rev (3m)-7.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.18 | ||
| Fwd PE | 12.73 | ||
| P/S | 1.39 | ||
| P/FCF | 12.52 | ||
| P/OCF | 10.95 | ||
| P/B | 1.61 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | 7.33 |
EPS(TTM)0.38
EY4.72%
EPS(NY)0.63
Fwd EY7.86%
FCF(TTM)0.64
FCFY7.99%
OCF(TTM)0.74
OCFY9.14%
SpS5.8
BVpS5.01
TBVpS4.77
PEG (NY)0.37
PEG (5Y)N/A
Graham Number6.55
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 4.49 |
F-Score6
WACC8.82%
ROIC/WACC1.23
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 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 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 4 / 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 21.18 and the Price/Book (PB) ratio is 1.61.
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.