MITT Statistics

Total Valuation

MITT has a market cap or net worth of $196.24 million.

Market Cap	196.24M
Enterprise Value	n/a

Important Dates

The last earnings date was Tuesday, November 5, 2024, before market open.

Earnings Date	Nov 5, 2024
Ex-Dividend Date	Sep 30, 2024

Share Statistics

MITT has 29.51 million shares outstanding. The number of shares has increased by 33.64% in one year.

Current Share Class	29.51M
Shares Outstanding	29.51M
Shares Change (YoY)	+33.64%
Shares Change (QoQ)	+0.16%
Owned by Insiders (%)	3.30%
Owned by Institutions (%)	40.27%
Float	28.54M

Valuation Ratios

The trailing PE ratio is 3.18 and the forward PE ratio is 6.90.

PE Ratio	3.18
Forward PE	6.90
PS Ratio	2.29
Forward PS	2.61
PB Ratio	0.61
P/TBV Ratio	0.61
P/FCF Ratio	3.91
P/OCF Ratio	3.91
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 8.11, with a Debt / Equity ratio of 11.82.

Current Ratio	8.11
Quick Ratio	8.10
Debt / Equity	11.82
Debt / EBITDA	n/a
Debt / FCF	127.15
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 15.51%.

Return on Equity (ROE)	15.51%
Return on Assets (ROA)	1.30%
Return on Capital (ROIC)	n/a
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.01
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +26.91% in the last 52 weeks. The beta is 2.06, so MITT's price volatility has been higher than the market average.

Beta (5Y)	2.06
52-Week Price Change	+26.91%
50-Day Moving Average	7.32
200-Day Moving Average	6.74
Relative Strength Index (RSI)	30.17
Average Volume (20 Days)	191,977

Short Selling Information

The latest short interest is 562,251, so 1.91% of the outstanding shares have been sold short.

Short Interest	562,251
Short Previous Month	775,082
Short % of Shares Out	1.91%
Short % of Float	1.97%
Short Ratio (days to cover)	4.08

Income Statement

In the last 12 months, MITT had revenue of $80.74 million and earned $58.33 million in profits. Earnings per share was $2.09.

Revenue	80.74M
Gross Profit	69.00M
Operating Income	64.08M
Pretax Income	58.00M
Net Income	58.33M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$2.09

Full Income Statement

Balance Sheet

The company has $102.68 million in cash and $6.38 billion in debt, giving a net cash position of -$6.28 billion or -$212.81 per share.

Cash & Cash Equivalents	102.68M
Total Debt	6.38B
Net Cash	-6.28B
Net Cash Per Share	-$212.81
Equity (Book Value)	540.09M
Book Value Per Share	10.84
Working Capital	5.88B

Full Balance Sheet

Cash Flow

Operating Cash Flow	50.20M
Capital Expenditures	n/a
Free Cash Flow	50.20M
FCF Per Share	$1.70

Full Cash Flow Statement

Margins

Gross margin is 85.46%, with operating and profit margins of 79.36% and 95.13%.

Gross Margin	85.46%
Operating Margin	79.36%
Pretax Margin	95.13%
Profit Margin	95.13%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	39.95%

Dividends & Yields

This stock pays an annual dividend of $0.76, which amounts to a dividend yield of 11.43%.

Dividend Per Share	$0.76
Dividend Yield	11.43%
Dividend Growth (YoY)	-17.50%
Years of Dividend Growth	n/a
Payout Ratio	36.38%
Buyback Yield	-33.64%
Shareholder Yield	-22.21%
Earnings Yield	29.73%
FCF Yield	25.58%

Dividend Details

Analyst Forecast

The average price target for MITT is $8.00, which is 20.30% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$8.00
Price Target Difference	20.30%
Analyst Consensus	Strong Buy
Analyst Count	5
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on July 23, 2021. It was a reverse split with a ratio of 0.3333333333:1.

Last Split Date	Jul 23, 2021
Split Type	Reverse
Split Ratio	0.3333333333:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4