MIND Technology, Inc. (MIND)

NASDAQ: MIND · IEX Real-Time Price · USD
4.556
-0.029 (-0.63%)
At close: Mar 28, 2024, 9:39 AM
4.550
-0.006 (-0.13%)
After-hours: Mar 28, 2024, 7:01 PM EDT

Total Valuation

MIND has a market cap or net worth of $6.20 million. The enterprise value is $2.15 million.

Market Cap 6.20M
Enterprise Value 2.15M

Important Dates

The next estimated earnings date is Wednesday, April 17, 2024, after market close.

Earnings Date Apr 17, 2024
Ex-Dividend Date n/a

Share Statistics

MIND has 1.68 million shares outstanding.

Shares Outstanding 1.68M
Shares Change (YoY) n/a
Shares Change (QoQ) +1.94%
Owned by Insiders (%) 4.78%
Owned by Institutions (%) 8.45%
Float 1.32M

Valuation Ratios

PE Ratio n/a
Forward PE 15.95
PS Ratio 0.16
Forward PS 0.25
PB Ratio 0.29
P/FCF Ratio n/a
PEG Ratio -0.19
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.06
EV / EBITDA 0.93
EV / EBIT 3.60
EV / FCF n/a

Financial Position

The company has a current ratio of 3.09, with a Debt / Equity ratio of 0.07.

Current Ratio 3.09
Quick Ratio 1.20
Debt / Equity 0.07
Debt / EBITDA 0.66
Debt / FCF n/a
Interest Coverage 3.53

Financial Efficiency

Return on equity (ROE) is -19.40%.

Return on Equity (ROE) -19.40%
Return on Assets (ROA) -13.10%
Return on Capital (ROIC) n/a
Revenue Per Employee $203,774
Profits Per Employee -$22,568
Employee Count 190
Asset Turnover 1.18
Inventory Turnover 1.54

Taxes

In the past 12 months, MIND has paid $927,000 in taxes.

Income Tax 927,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -3.47% in the last 52 weeks. The beta is 1.37, so MIND's price volatility has been higher than the market average.

Beta (1Y) 1.37
52-Week Price Change -3.47%
50-Day Moving Average 5.80
200-Day Moving Average 5.75
Relative Strength Index (RSI) 28.08
Average Volume (30 Days) 3,149

Short Selling Information

The latest short interest is 3,054, so 0.18% of the outstanding shares have been sold short.

Short Interest 3,054
Short Previous Month 1,985
Short % of Shares Out 0.18%
Short % of Float 0.23%
Short Ratio (days to cover) 0.85

Income Statement

In the last 12 months, MIND had revenue of $38.72 million and -$4.29 million in losses. Loss per share was -$3.17.

Revenue 38.72M
Gross Profit 15.58M
Operating Income -2.93M
Pretax Income 427,000
Net Income -4.29M
EBITDA 2.30M
EBIT 596,000
Loss Per Share -$3.17
Full Income Statement

Balance Sheet

The company has $5.57 million in cash and $1.52 million in debt, giving a net cash position of $4.05 million or $2.41 per share.

Cash & Cash Equivalents 5.57M
Total Debt 1.52M
Net Cash 4.05M
Net Cash Per Share $2.41
Equity / Book Value 21.20M
Book Value Per Share 12.60
Working Capital 16.51M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$6.28 million and capital expenditures $135,000, giving a free cash flow of -$6.14 million.

Operating Cash Flow -6.28M
Capital Expenditures 135,000
Free Cash Flow -6.14M
FCF Per Share -$4.37
Full Cash Flow Statement

Margins

Gross margin is 40.25%, with operating and profit margins of -7.58% and -11.08%.

Gross Margin 40.25%
Operating Margin -7.58%
Pretax Margin 1.10%
Profit Margin -11.08%
EBITDA Margin 5.94%
EBIT Margin 1.54%
FCF Margin -15.87%

Dividends & Yields

MIND does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield n/a
Shareholder Yield n/a
Earnings Yield -69.17%
FCF Yield -99.09%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on October 16, 2023. It was a reverse split with a ratio of 1:10.

Last Split Date Oct 16, 2023
Split Type Reverse
Split Ratio 1:10

Scores

MIND has an Altman Z-Score of -3.63 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -3.63
Piotroski F-Score 4