MIND TECHNOLOGY INC (MIND) Stock Fundamental Analysis
USA - NASDAQ:MIND - US6025663096 - Common Stock
9.02 USD
+0.13 (+1.46%)
9.23 USD
+0.21 (+2.33%)
Taking everything into account, MIND scores 6 out of 10 in our fundamental rating. 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 correct valuation and a medium growth rate.
1. Profitability
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.
1.2 Ratios
MIND has a better Return On Assets (52.20%) than 100.00% of its industry peers.
MIND has a Return On Equity of 64.85%. This is amongst the best in the industry. MIND outperforms 100.00% of its industry peers.
MIND has a better Return On Invested Capital (18.02%) than 98.33% of its industry peers.
| 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
With an excellent Profit Margin value of 38.48%, MIND belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Operating Margin of MIND (13.71%) is better than 70.00% of its industry peers.
MIND has a better Gross Margin (45.53%) than 86.67% of its industry peers.
In the last couple of years the Gross Margin of MIND has remained more or less at the same level.
| 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.
MIND has more shares outstanding than it did 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 4.70 indicates that MIND is not in any danger for bankruptcy at the moment.
MIND has a Altman-Z score of 4.70. This is amongst the best in the industry. MIND outperforms 93.33% 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 | 4.7 |
ROIC/WACC2.06
WACC8.74%
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.
The Current ratio of MIND (4.79) is better than 95.00% of its industry peers.
MIND has a Quick Ratio of 3.01. This indicates that MIND is financially healthy and has no problem in meeting its short term obligations.
MIND's Quick ratio of 3.01 is amongst the best of 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.
MIND shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.70%.
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)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
A Price/Earnings ratio of 16.70 indicates a correct valuation of MIND.
Based on the Price/Earnings ratio, MIND is valued a bit cheaper than 66.67% of the companies in the same industry.
MIND's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.45.
The Price/Forward Earnings ratio is 13.82, which indicates a correct valuation of MIND.
Based on the Price/Forward Earnings ratio, MIND is valued a bit cheaper than 68.33% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MIND to the average of the S&P500 Index (34.46), we can say MIND is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.7 | ||
| Fwd PE | 13.82 |
4.2 Price Multiples
68.33% 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 a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.98 | ||
| EV/EBITDA | 8.35 |
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.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
MIND does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
9.02
+0.13 (+1.46%)
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 Cap71.89M
Revenue(TTM)48.61M
Net Income(TTM)18.70M
Analysts85.71
Price Target10.2 (13.08%)
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 | 16.7 | ||
| Fwd PE | 13.82 | ||
| P/S | 1.48 | ||
| P/FCF | 10.98 | ||
| P/OCF | 9.91 | ||
| P/B | 2.49 | ||
| P/tB | 2.68 | ||
| EV/EBITDA | 8.35 |
EPS(TTM)0.54
EY5.99%
EPS(NY)0.65
Fwd EY7.24%
FCF(TTM)0.82
FCFY9.1%
OCF(TTM)0.91
OCFY10.09%
SpS6.1
BVpS3.62
TBVpS3.37
PEG (NY)0.15
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 | 4.7 |
F-Score6
WACC8.74%
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 6 / 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 16.7 and the Price/Book (PB) ratio is 2.49.
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.