MIND Historical Financial Ratios
| MNDO Stock | USD 1.96 0.02 1.01% |
MIND CTI is lately reporting on over 93 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 71.8 will help investors to properly organize and evaluate MIND CTI financial condition quickly.
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About MIND Financial Ratios Analysis
MIND CTIFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate MIND CTI investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on MIND financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across MIND CTI history.
MIND CTI Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing MIND CTI stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on MIND CTI sales, a figure that is much harder to manipulate than other MIND CTI multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is MIND CTI dividend as a percentage of MIND CTI stock price. MIND CTI dividend yield is a measure of MIND CTI stock productivity, which can be interpreted as interest rate earned on an MIND CTI investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to MIND CTI. There are two different methods for calculating MIND CTI invested capital: operating approach and financing approach. Understanding MIND CTI invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Most ratios from MIND CTI's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into MIND CTI current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIND CTI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.At this time, MIND CTI's Payables Turnover is very stable compared to the past year. As of the 23rd of November 2024, Research And Ddevelopement To Revenue is likely to grow to 0.26, while Price To Sales Ratio is likely to drop 1.74.
| 2020 | 2021 | 2024 (projected) | Dividend Yield | 0.0926 | 0.0835 | 0.1 | Price To Sales Ratio | 2.21 | 2.36 | 1.74 |
MIND CTI fundamentals Correlations
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MIND CTI Account Relationship Matchups
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MIND CTI fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 2.43 | 2.1 | 2.21 | 2.36 | 1.96 | 1.74 | |
| Ptb Ratio | 2.17 | 2.23 | 2.62 | 1.77 | 1.61 | 3.17 | |
| Days Sales Outstanding | 58.93 | 37.52 | 27.0 | 43.05 | 38.76 | 71.8 | |
| Stock Based Compensation To Revenue | 0.008825 | 0.009113 | 0.006494 | 0.012 | 0.013 | 0.007182 | |
| Capex To Depreciation | 0.68 | 0.55 | 0.34 | 0.67 | 0.33 | 0.31 | |
| Pb Ratio | 2.17 | 2.23 | 2.62 | 1.77 | 1.61 | 3.17 | |
| Ev To Sales | 1.87 | 1.93 | 2.26 | 1.76 | 1.72 | 3.11 | |
| Free Cash Flow Per Share | 0.14 | 0.23 | 0.34 | 0.22 | 0.2 | 0.15 | |
| Days Of Inventory On Hand | 0.24 | 0.14 | 2.9E-5 | 3.6E-5 | 4.2E-5 | 4.0E-5 | |
| Payables Turnover | 6.13 | 8.73 | 14.84 | 10.72 | 10.87 | 19.35 | |
| Sales General And Administrative To Revenue | 0.0921 | 0.0779 | 0.0608 | 0.0707 | 0.0656 | 0.0623 | |
| Capex To Revenue | 0.002294 | 0.002909 | 0.003114 | 0.006032 | 0.002961 | 0.002813 | |
| Cash Per Share | 0.88 | 0.82 | 0.77 | 0.85 | 0.92 | 0.87 | |
| Pocfratio | 10.02 | 7.12 | 7.93 | 9.26 | 9.64 | 9.16 | |
| Payout Ratio | 1.0 | 0.89 | 0.87 | 0.99 | 0.94 | 0.75 | |
| Capex To Operating Cash Flow | 0.007783 | 0.0105 | 0.0119 | 0.0285 | 0.0156 | 0.0148 | |
| Pfcf Ratio | 7.18 | 8.02 | 9.13 | 9.53 | 9.79 | 9.3 | |
| Days Payables Outstanding | 59.51 | 41.82 | 24.6 | 34.05 | 33.59 | 65.8 | |
| Income Quality | 0.86 | 1.32 | 1.21 | 1.16 | 0.79 | 1.09 | |
| Ev To Operating Cash Flow | 6.34 | 6.95 | 8.63 | 8.3 | 9.07 | 8.62 | |
| Pe Ratio | 9.4 | 9.58 | 10.46 | 7.98 | 7.65 | 7.27 | |
| Ev To Free Cash Flow | 6.39 | 7.02 | 8.73 | 8.54 | 9.22 | 8.76 | |
| Intangibles To Total Assets | 0.2 | 0.21 | 0.28 | 0.27 | 0.26 | 0.17 | |
| Net Debt To E B I T D A | (1.0) | (1.13) | (0.39) | (0.77) | (0.47) | (0.49) | |
| Current Ratio | 3.03 | 3.49 | 3.64 | 3.92 | 4.41 | 5.8 | |
| Tangible Book Value Per Share | 0.8 | 0.67 | 0.72 | 0.76 | 0.78 | 1.31 | |
| Receivables Turnover | 6.19 | 9.73 | 13.52 | 8.48 | 9.42 | 6.27 | |
| Graham Number | 2.55 | 2.53 | 2.66 | 2.82 | 2.65 | 3.0 |
Pair Trading with MIND CTI
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MIND CTI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MIND CTI will appreciate offsetting losses from the drop in the long position's value.Moving together with MIND Stock
Moving against MIND Stock
| 0.79 | EGAN | eGain | PairCorr |
| 0.67 | VERB | VERB TECHNOLOGY PANY Trending | PairCorr |
| 0.53 | DV | DoubleVerify Holdings | PairCorr |
| 0.32 | PD | Pagerduty Earnings Call This Week | PairCorr |
| 0.32 | VCSA | Vacasa Inc | PairCorr |
The ability to find closely correlated positions to MIND CTI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MIND CTI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MIND CTI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MIND CTI to buy it.
The correlation of MIND CTI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MIND CTI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MIND CTI moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MIND CTI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIND CTI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Application Software 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 CTI. 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 CTI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Earnings Share 0.23 | Revenue Per Share 1.079 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0874 |
The market value of MIND CTI 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 CTI's value that differs from its market value or its book value, called intrinsic value, which is MIND CTI'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 CTI's market value can be influenced by many factors that don't directly affect MIND CTI'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 CTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if MIND CTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MIND CTI'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.