MIND CTI LTD (MNDO)
IL0010851827 - Common Stock
Overall MNDO gets a fundamental rating of 6 out of 10. We evaluated MNDO against 277 industry peers in the Software industry. Both the health and profitability get an excellent rating, making MNDO a very profitable company, without any liquidiy or solvency issues. MNDO has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year MNDO was profitable.
MNDO had a positive operating cash flow in the past year.
In the past 5 years MNDO has always been profitable.
MNDO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MNDO (16.36%) is better than 95.26% of its industry peers.
Looking at the Return On Equity, with a value of 21.13%, MNDO belongs to the top of the industry, outperforming 91.24% of the companies in the same industry.
With an excellent Return On Invested Capital value of 13.83%, MNDO belongs to the best of the industry, outperforming 92.70% of the companies in the same industry.
MNDO had an Average Return On Invested Capital over the past 3 years of 16.62%. This is significantly above the industry average of 10.37%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.36% | ||
| ROE | 21.13% | ||
| ROIC | 13.83% |
ROA(3y)16.99%
ROA(5y)16.77%
ROE(3y)22.8%
ROE(5y)22.95%
ROIC(3y)16.62%
ROIC(5y)16.38%
1.3 Margins
With an excellent Profit Margin value of 23.94%, MNDO belongs to the best of the industry, outperforming 93.07% of the companies in the same industry.
MNDO's Profit Margin has declined in the last couple of years.
The Operating Margin of MNDO (22.00%) is better than 91.97% of its industry peers.
In the last couple of years the Operating Margin of MNDO has declined.
Looking at the Gross Margin, with a value of 50.28%, MNDO is doing worse than 67.52% of the companies in the same industry.
In the last couple of years the Gross Margin of MNDO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22% | ||
| PM (TTM) | 23.94% | ||
| GM | 50.28% |
OM growth 3Y-2.02%
OM growth 5Y-5.72%
PM growth 3Y1.27%
PM growth 5Y-3.3%
GM growth 3Y-1.3%
GM growth 5Y-5.32%
2. Health
2.1 Basic Checks
MNDO has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for MNDO has been increased compared to 1 year ago.
The number of shares outstanding for MNDO has been increased compared to 5 years ago.
MNDO 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 4.91 indicates that MNDO is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 4.91, MNDO is doing good in the industry, outperforming 71.17% of the companies in the same industry.
MNDO 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 | 4.91 |
ROIC/WACC1.54
WACC9.01%
2.3 Liquidity
A Current Ratio of 4.41 indicates that MNDO has no problem at all paying its short term obligations.
MNDO's Current ratio of 4.41 is amongst the best of the industry. MNDO outperforms 84.31% of its industry peers.
A Quick Ratio of 4.41 indicates that MNDO has no problem at all paying its short term obligations.
MNDO has a Quick ratio of 4.41. This is amongst the best in the industry. MNDO outperforms 84.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.41 | ||
| Quick Ratio | 4.41 |
3. Growth
3.1 Past
MNDO shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.98%.
MNDO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.59% yearly.
MNDO shows a small growth in Revenue. In the last year, the Revenue has grown by 0.27%.
MNDO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.56% yearly.
EPS 1Y (TTM)3.98%
EPS 3Y-2.22%
EPS 5Y-0.59%
EPS growth Q2Q0%
Revenue 1Y (TTM)0.27%
Revenue growth 3Y-2.57%
Revenue growth 5Y3.56%
Revenue growth Q2Q4.45%
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 YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
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
Based on the Price/Earnings ratio of 7.23, the valuation of MNDO can be described as very cheap.
95.62% of the companies in the same industry are more expensive than MNDO, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of MNDO to the average of the S&P500 Index (28.02), we can say MNDO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MNDO is valued cheaply inside the industry as 99.27% of the companies are valued more expensively.
MNDO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MNDO is cheaper than 94.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.45 | ||
| EV/EBITDA | 1.61 |
4.3 Compensation for Growth
MNDO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 12.77%, MNDO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 11.43, MNDO pays a better dividend. On top of this MNDO pays more dividend than 98.91% of the companies listed in the same industry.
MNDO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.77% |
5.2 History
The dividend of MNDO decreases each year by -4.32%.
MNDO has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-4.32%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
93.53% of the earnings are spent on dividend by MNDO. This is not a sustainable payout ratio.
The Dividend Rate of MNDO has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP93.53%
EPS Next 2YN/A
EPS Next 3YN/A
MIND CTI LTD
NASDAQ:MNDO (5/6/2024, 7:15:19 PM)
After market: 1.89 +0.01 (+0.53%)1.88
-0.01 (-0.27%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
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Market Cap38.13M
Analysts
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Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.77% |
Dividend Growth(5Y)
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Surprises & Revisions
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
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FCF(TTM)
FCFY
OCF(TTM)
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SpS
BVpS
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PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.36% | ||
| ROE | 21.13% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 22% | ||
| PM (TTM) | 23.94% | ||
| GM | 50.28% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
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ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.41 | ||
| Quick Ratio | 4.41 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)3.98%
EPS 3Y-2.22%
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.27%
Revenue growth 3Y-2.57%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
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