Mind Technology Stock Fundamentals
| MIND Stock | USD 9.27 0.02 0.22% |
Mind Technology fundamentals help investors to digest information that contributes to Mind Technology's financial success or failures. It also enables traders to predict the movement of Mind Stock. The fundamental analysis module provides a way to measure Mind Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mind Technology stock.
At present, Mind Technology's Gross Profit is projected to decrease significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 49.8 M, whereas Interest Expense is forecasted to decline to about 443.7 K. Mind | Select Account or Indicator |
Mind Technology Company Return On Asset Analysis
Mind Technology's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Mind Technology Return On Asset | 0.0525 |
Most of Mind Technology's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mind Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Mind Technology has a Return On Asset of 0.0525. This is 101.82% lower than that of the Energy Equipment & Services sector and 101.61% lower than that of the Energy industry. The return on asset for all United States stocks is 137.5% lower than that of the firm.
Mind Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mind Technology's current stock value. Our valuation model uses many indicators to compare Mind Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mind Technology competition to find correlations between indicators driving Mind Technology's intrinsic value. More Info.Mind Technology is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.79 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mind Technology is roughly 1.27 . At present, Mind Technology's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Mind Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Mind Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mind Technology's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mind Technology could also be used in its relative valuation, which is a method of valuing Mind Technology by comparing valuation metrics of similar companies.Mind Technology is currently under evaluation in return on asset category among its peers.
Mind Technology ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mind Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mind Technology's managers, analysts, and investors.Environmental | Governance | Social |
Mind Fundamentals
| Return On Equity | 0.0668 | ||||
| Return On Asset | 0.0525 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 66.48 M | ||||
| Shares Outstanding | 7.97 M | ||||
| Shares Owned By Insiders | 2.10 % | ||||
| Shares Owned By Institutions | 11.94 % | ||||
| Number Of Shares Shorted | 75.11 K | ||||
| Price To Earning | (1.31) X | ||||
| Price To Book | 2.72 X | ||||
| Price To Sales | 1.94 X | ||||
| Revenue | 36.51 M | ||||
| Gross Profit | 17.49 M | ||||
| EBITDA | 2.09 M | ||||
| Net Income | (1.1 M) | ||||
| Cash And Equivalents | 833 K | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 1.32 M | ||||
| Debt To Equity | 0.08 % | ||||
| Current Ratio | 2.87 X | ||||
| Book Value Per Share | (10.77) X | ||||
| Cash Flow From Operations | (4.97 M) | ||||
| Short Ratio | 0.44 X | ||||
| Earnings Per Share | 6.00 X | ||||
| Price To Earnings To Growth | (0.19) X | ||||
| Target Price | 8.0 | ||||
| Number Of Employees | 145 | ||||
| Beta | 1.16 | ||||
| Market Capitalization | 74.04 M | ||||
| Total Asset | 33.49 M | ||||
| Retained Earnings | (128.31 M) | ||||
| Working Capital | 18.06 M | ||||
| Current Asset | 40.7 M | ||||
| Current Liabilities | 12.46 M | ||||
| Net Asset | 33.49 M |
About Mind Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mind Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mind Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mind Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 182.7 K | 173.6 K | |
| Total Revenue | 42 M | 48.5 M | |
| Cost Of Revenue | 25 M | 29.4 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.44 | 0.22 | |
| Research And Ddevelopement To Revenue | 0.05 | 0.05 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 23.37 | 33.90 | |
| Ebit Per Revenue | 0.02 | 0.02 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Mind Technology is a strong investment it is important to analyze Mind Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mind Technology's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports:Check out Mind Technology Piotroski F Score and Mind Technology Altman Z Score analysis. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mind Technology. If investors know Mind will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mind Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 6 | Revenue Per Share | Quarterly Revenue Growth 0.327 | Return On Assets | Return On Equity |
The market value of Mind Technology is measured differently than its book value, which is the value of Mind that is recorded on the company's balance sheet. Investors also form their own opinion of Mind Technology's value that differs from its market value or its book value, called intrinsic value, which is Mind Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mind Technology's market value can be influenced by many factors that don't directly affect Mind Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mind Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.