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NASDAQ: MIND
Mind Technology Inc Stock

$4.56+0.15 (+3.4%)
Updated Mar 28, 2024
MIND Price
$4.56
Fair Value Price
N/A
Market Cap
$6.40M
52 Week Low
$4.00
52 Week High
$8.10
P/E
-1.44x
P/B
0.3x
P/S
0.17x
PEG
N/A
Dividend Yield
N/A
Revenue
$38.72M
Earnings
-$500.00k
Gross Margin
40.2%
Operating Margin
1.54%
Profit Margin
-11.1%
Debt to Equity
0.41
Operating Cash Flow
-$6M
Beta
0.71
Next Earnings
Apr 17, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MIND Overview

MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. The company's products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Digishot energy source controllers; Sleeve Gun energy sources; and SeaLink product line of marine sensors and solid streamer systems. It also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations, as well as side scan sonar equipment and systems. The company markets its products to governmental and commercial customers through internal sales organization and a network of distributors and representatives. It operates in the United States, Europe, Canada, Latin America, the Asia/South Pacific, Eurasia, and internationally. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.

Zen Score

–
Industry Average (28)
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Due Diligence Checks

MIND is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
MIND is good value based on its book value relative to its share price (0.3x), compared to the US Scientific & Technical Instruments industry average (3.33x)
P/B vs Industry Valuation
MIND is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 35 more MIND due diligence checks available for Premium users.

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MIND News

Valuation

MIND fair value

Fair Value of MIND stock based on Discounted Cash Flow (DCF)
Price
$4.56
Fair Value
$597.05
Undervalued by
99.24%
MIND is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MIND price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-1.44x
Industry
-6.86x
Market
44.51x

MIND price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.3x
Industry
3.33x
MIND is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MIND's financial health

Profit margin

Revenue
$5.0M
Net Income
$568.0k
Profit Margin
-7.6%
MIND's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
MIND's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$29.8M
Liabilities
$8.6M
Debt to equity
0.41
MIND's short-term assets ($24.42M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MIND's short-term assets ($24.42M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MIND's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MIND's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$2.1M
Investing
$10.8M
Financing
-$3.5M
MIND's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

MIND vs Scientific & Technical Instrument Stocks

TickerMarket Cap1d %P/EP/B
MIND$6.40M+3.31%-1.44x0.30x
SOBR$7.60M-18.00%-0.80x1.82x
AWIN$4.07M-12.16%-0.13x-0.27x
WATT$12.35M+4.10%-0.49x1.07x
ELSE$14.29M-2.34%52.13x1.04x

Mind Technology Stock FAQ

What is Mind Technology's quote symbol?

(NASDAQ: MIND) Mind Technology trades on the NASDAQ under the ticker symbol MIND. Mind Technology stock quotes can also be displayed as NASDAQ: MIND.

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

What is the 52 week high and low for Mind Technology (NASDAQ: MIND)?

(NASDAQ: MIND) Mind Technology's 52-week high was $8.10, and its 52-week low was $4.00. It is currently -43.75% from its 52-week high and 13.9% from its 52-week low.

How much is Mind Technology stock worth today?

(NASDAQ: MIND) Mind Technology currently has 1,405,779 outstanding shares. With Mind Technology stock trading at $4.56 per share, the total value of Mind Technology stock (market capitalization) is $6.40M.

Mind Technology stock was originally listed at a price of $182.50 in Dec 31, 1997. If you had invested in Mind Technology stock at $182.50, your return over the last 26 years would have been -97.5%, for an annualized return of -13.23% (not including any dividends or dividend reinvestments).

How much is Mind Technology's stock price per share?

(NASDAQ: MIND) Mind Technology stock price per share is $4.56 today (as of Mar 28, 2024).

What is Mind Technology's Market Cap?

(NASDAQ: MIND) Mind Technology's market cap is $6.40M, as of Mar 29, 2024.

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

Mind Technology's market cap is calculated by multiplying MIND's current stock price of $4.56 by MIND's total outstanding shares of 1,405,779.
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