WallStreetZenWallStreetZen

NASDAQ: MICT
Mict Inc Stock

Open Broker Account
$1.13+0.02 (+1.8%)
Updated Dec 9, 2022
MICT Price
$1.13
Fair Value Price
$1.66
Market Cap
$146.41M
52 Week Low
$0.41
52 Week High
$1.35
P/E
-3.77x
P/B
1.25x
P/S
1.74x
PEG
N/A
Dividend Yield
N/A
Revenue
$51.16M
Earnings
-$38.94M
Gross Margin
20.3%
Operating Margin
-81.54%
Profit Margin
-76.1%
Debt to Equity
0.2
Operating Cash Flow
-$20M
Beta
0.39
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

MICT Overview

As of December 1, 2022, MICT, Inc. was acquired by Tingo, Inc., in a reverse merger transaction. MICT, Inc., through its subsidiaries, engages in the financial technology and insurance business in China, Singapore, and Hong Kong. It primarily develops platforms for insurance products, and financial products and services. The company also deals in securities, futures, and options; and provides securities advisory and asset management services, as well as the Magpie Invest app that allows to trade in securities on various stock exchanges. In addition, it conducts insurance brokerage and agency businesses; and offers a range of insurance products, including automobile, property and liability, life, and health insurance products. The company was formerly known as Micronet Enertec Technologies, Inc. and changed its name to MICT, Inc. in July 2018. MICT, Inc. was incorporated in 2002 and is based in Montvale, New Jersey.

Zen Score

Industry Average (37)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MICT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MICT ($1.13) is undervalued by 31.83% relative to our estimate of its Fair Value price of $1.66 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
MICT ($1.13) is significantly undervalued by 31.83% relative to our estimate of its Fair Value price of $1.66 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
MICT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more MICT due diligence checks available for Premium users.

Be the first to know about important MICT news, forecast changes, insider trades & much more!

MICT News

Valuation

MICT fair value

Fair Value of MICT stock based on Discounted Cash Flow (DCF)
Price
$1.13
Fair Value
$1.66
Undervalued by
31.83%
MICT ($1.13) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MICT ($1.13) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MICT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MICT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-3.77x
Industry
-17.29x
Market
21.21x

MICT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.25x
Industry
4.21x
MICT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MICT's financial health

Profit margin

Revenue
$13.8M
Net Income
-$7.7M
Profit Margin
-55.8%
MICT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
MICT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$144.2M
Liabilities
$23.8M
Debt to equity
0.2
MICT's short-term assets ($96.29M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MICT's short-term assets ($96.29M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MICT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
MICT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$6.4M
Investing
-$727.0k
Financing
$13.0k
MICT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

MICT vs Computer Hardware Stocks

TickerMarket Cap1d %P/EP/B
MICT$146.41M+1.80%-3.77x1.25x
STRC$122.21M-14.59%-1.10x0.53x
RGTI$121.92M-2.84%-0.48x0.73x
INVE$176.95M0.00%-43.67x2.39x
QMCO$114.22M+0.92%-1.90x-1.44x

Mict Stock FAQ

What is Mict's quote symbol?

NASDAQ: MICT) Mict trades on the NASDAQ under the ticker symbol MICT. Mict stock quotes can also be displayed as NASDAQ: MICT.

If you're new to stock investing, here's how to buy Mict stock.

What is the 52 week high and low for Mict (NASDAQ: MICT)?

(NASDAQ: MICT) Mict's 52-week high was $1.35, and its 52-week low was $0.41. It is currently -16.3% from its 52-week high and 175.61% from its 52-week low.

How much is Mict stock worth today?

(NASDAQ: MICT) Mict currently has 129,566,207 outstanding shares. With Mict stock trading at $1.13 per share, the total value of Mict stock (market capitalization) is $146.41M.

Mict stock was originally listed at a price of $4.40 in Apr 24, 2013. If you had invested in Mict stock at $4.40, your return over the last 9 years would have been -74.32%, for an annualized return of -14.02% (not including any dividends or dividend reinvestments).

How much is Mict's stock price per share?

(NASDAQ: MICT) Mict stock price per share is $1.13 today (as of Dec 9, 2022).

What is Mict's Market Cap?

(NASDAQ: MICT) Mict's market cap is $146.41M, as of Dec 10, 2022.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Mict's market cap is calculated by multiplying MICT's current stock price of $1.13 by MICT's total outstanding shares of 129,566,207.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.