MIND Technology, Inc. Logo

MIND Technology, Inc.

MIND

(1.0)
Stock Price

3,87 USD

-2.69% ROA

-3.26% ROE

-11.42x PER

Market Cap.

8.229.717,00 USD

7.15% DER

0% Yield

-1.86% NPM

MIND Technology, Inc. Stock Analysis

MIND Technology, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

MIND Technology, Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (23%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

3 Net Profit Growth

With continuous net profit growth in the past three years, this company demonstrates a strong financial performance, making it an enticing investment opportunity.

4 ROE

The stock's ROE indicates a negative return (-20.53%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-15.44%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 PBV

The stock's elevated P/BV ratio (3.2x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

7 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-36), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

MIND Technology, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

MIND Technology, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Sell
4 Stoch RSI Hold

MIND Technology, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

MIND Technology, Inc. Revenue
Year Revenue Growth
1995 5.300.000
1996 7.300.000 27.4%
1997 14.700.000 50.34%
1998 42.000.000 65%
1999 37.900.000 -10.82%
2000 10.644.000 -256.07%
2001 20.597.000 48.32%
2002 27.183.000 24.23%
2003 19.154.000 -41.92%
2004 22.406.000 14.51%
2005 26.368.000 15.03%
2006 34.589.000 23.77%
2007 48.910.000 29.28%
2008 76.421.000 36%
2009 66.812.000 -14.38%
2010 55.172.000 -21.1%
2011 71.363.000 22.69%
2012 112.834.000 36.75%
2013 104.685.000 -7.78%
2014 92.108.000 -13.65%
2015 83.146.000 -10.78%
2016 51.819.000 -60.45%
2017 40.999.000 -26.39%
2018 48.276.000 15.07%
2019 42.942.000 -12.42%
2020 42.675.000 -0.63%
2021 21.215.000 -101.15%
2022 23.107.000 8.19%
2023 35.091.000 34.15%
2024 19.896.000 -76.37%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

MIND Technology, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1995 0
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1.502.000 100%
2019 1.159.000 -29.59%
2020 1.850.000 37.35%
2021 3.003.000 38.39%
2022 3.596.000 16.49%
2023 3.398.000 -5.83%
2024 2.032.000 -67.22%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

MIND Technology, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1995 0
1996 0 0%
1997 3.200.000 100%
1998 4.000.000 20%
1999 6.600.000 39.39%
2000 4.466.000 -47.78%
2001 4.424.000 -0.95%
2002 9.439.000 53.13%
2003 3.713.000 -154.21%
2004 5.120.000 27.48%
2005 7.124.000 28.13%
2006 9.625.000 25.98%
2007 15.221.000 36.76%
2008 17.885.000 14.9%
2009 20.394.000 12.3%
2010 14.977.000 -36.17%
2011 16.755.000 10.61%
2012 21.354.000 21.54%
2013 22.539.000 5.26%
2014 23.669.000 4.77%
2015 24.958.000 5.16%
2016 18.966.000 -31.59%
2017 20.727.000 8.5%
2018 19.663.000 -5.41%
2019 20.905.000 5.94%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

MIND Technology, Inc. EBITDA
Year EBITDA Growth
1995 1.900.000
1996 4.000.000 52.5%
1997 6.700.000 40.3%
1998 16.100.000 58.39%
1999 28.500.000 43.51%
2000 2.519.000 -1031.4%
2001 10.293.000 75.53%
2002 10.510.000 2.06%
2003 3.721.000 -182.45%
2004 10.211.000 63.56%
2005 12.955.000 21.18%
2006 17.010.000 23.84%
2007 15.408.000 -10.4%
2008 28.321.000 45.6%
2009 27.102.000 -4.5%
2010 22.367.000 -21.17%
2011 29.292.000 23.64%
2012 63.318.000 53.74%
2013 48.841.000 -29.64%
2014 36.842.000 -32.57%
2015 30.241.000 -21.83%
2016 16.853.000 -79.44%
2017 -3.015.000 658.97%
2018 -139.000 -2069.06%
2019 4.199.000 103.31%
2020 -1.087.000 486.29%
2021 -4.639.000 76.57%
2022 -12.330.000 62.38%
2023 -5.727.000 -115.3%
2024 -4.552.000 -25.81%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

MIND Technology, Inc. Gross Profit
Year Gross Profit Growth
1995 3.000.000
1996 6.000.000 50%
1997 10.300.000 41.75%
1998 20.500.000 49.76%
1999 21.000.000 2.38%
2000 6.980.000 -200.86%
2001 13.625.000 48.77%
2002 19.951.000 31.71%
2003 7.441.000 -168.12%
2004 15.365.000 51.57%
2005 20.098.000 23.55%
2006 18.343.000 -9.57%
2007 23.083.000 20.53%
2008 35.806.000 35.53%
2009 32.644.000 -9.69%
2010 18.125.000 -80.1%
2011 26.642.000 31.97%
2012 57.752.000 53.87%
2013 37.413.000 -54.36%
2014 32.015.000 -16.86%
2015 23.254.000 -37.68%
2016 2.669.000 -771.26%
2017 -7.414.000 136%
2018 6.084.000 221.86%
2019 11.740.000 48.18%
2020 16.621.000 29.37%
2021 7.309.000 -127.4%
2022 6.022.000 -21.37%
2023 12.975.000 53.59%
2024 9.012.000 -43.97%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

MIND Technology, Inc. Net Profit
Year Net Profit Growth
1995 1.000.000
1996 1.700.000 41.18%
1997 2.700.000 37.04%
1998 6.400.000 57.81%
1999 -8.500.000 175.29%
2000 -4.864.000 -74.75%
2001 -2.946.000 -65.11%
2002 -8.457.000 65.16%
2003 -10.099.000 16.26%
2004 -6.289.000 -60.58%
2005 2.129.000 395.4%
2006 10.855.000 80.39%
2007 9.285.000 -16.91%
2008 11.439.000 18.83%
2009 9.065.000 -26.19%
2010 520.000 -1643.27%
2011 4.729.000 89%
2012 24.321.000 80.56%
2013 17.051.000 -42.64%
2014 4.768.000 -257.61%
2015 -9.192.000 151.87%
2016 -38.736.000 76.27%
2017 -33.153.000 -16.84%
2018 -21.069.000 -57.35%
2019 -19.840.000 -6.19%
2020 -11.287.000 -75.78%
2021 -14.002.000 19.39%
2022 -13.579.000 -3.12%
2023 -7.431.000 -82.73%
2024 2.272.000 427.07%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

MIND Technology, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1995 1
1996 1 0%
1997 1 0%
1998 1 0%
1999 -1 0%
2000 -1 0%
2001 0 0%
2002 -1 0%
2003 -1 100%
2004 -1 0%
2005 0 0%
2006 1 100%
2007 1 0%
2008 1 100%
2009 1 0%
2010 0 0%
2011 0 0%
2012 2 100%
2013 1 -100%
2014 0 0%
2015 -1 0%
2016 -3 100%
2017 -3 -50%
2018 -2 -100%
2019 -2 0%
2020 -1 0%
2021 -1 100%
2022 -1 0%
2023 -1 0%
2024 -1 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

MIND Technology, Inc. Free Cashflow
Year Free Cashflow Growth
1995 500.000
1996 2.800.000 82.14%
1997 4.000.000 30%
1998 -31.100.000 112.86%
1999 -22.500.000 -38.22%
2000 -4.372.000 -414.64%
2001 -14.386.000 69.61%
2002 -5.752.000 -150.1%
2003 -7.038.000 18.27%
2004 815.000 963.56%
2005 10.984.000 92.58%
2006 2.219.000 -395%
2007 -10.959.000 120.25%
2008 151.000 7357.62%
2009 -14.793.000 101.02%
2010 -13.101.000 -12.92%
2011 -2.982.000 -339.34%
2012 34.433.000 108.66%
2013 -1.402.000 2555.99%
2014 -22.843.000 93.86%
2015 5.305.000 530.59%
2016 12.413.000 57.26%
2017 2.235.000 -455.39%
2018 -597.000 474.37%
2019 -7.702.000 92.25%
2020 -9.808.000 21.47%
2021 -6.926.000 -41.61%
2022 -17.968.000 61.45%
2023 -3.487.000 -415.29%
2024 -2.244.000 -55.39%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

MIND Technology, Inc. Operating Cashflow
Year Operating Cashflow Growth
1995 500.000
1996 3.200.000 84.38%
1997 4.200.000 23.81%
1998 3.800.000 -10.53%
1999 10.400.000 63.46%
2000 8.416.000 -23.57%
2001 13.325.000 36.84%
2002 12.269.000 -8.61%
2003 -1.843.000 765.71%
2004 4.450.000 141.42%
2005 17.029.000 73.87%
2006 11.189.000 -52.19%
2007 3.586.000 -212.02%
2008 31.004.000 88.43%
2009 17.618.000 -75.98%
2010 14.085.000 -25.08%
2011 30.137.000 53.26%
2012 35.958.000 16.19%
2013 44.257.000 18.75%
2014 21.215.000 -108.61%
2015 25.205.000 15.83%
2016 14.922.000 -68.91%
2017 3.154.000 -373.11%
2018 719.000 -338.66%
2019 -5.171.000 113.9%
2020 -5.817.000 11.11%
2021 -6.360.000 8.54%
2022 -17.134.000 62.88%
2023 -2.905.000 -489.81%
2024 -2.147.000 -35.31%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

MIND Technology, Inc. Capital Expenditure
Year Capital Expenditure Growth
1995 0
1996 400.000 100%
1997 200.000 -100%
1998 34.900.000 99.43%
1999 32.900.000 -6.08%
2000 12.788.000 -157.27%
2001 27.711.000 53.85%
2002 18.021.000 -53.77%
2003 5.195.000 -246.89%
2004 3.635.000 -42.92%
2005 6.045.000 39.87%
2006 8.970.000 32.61%
2007 14.545.000 38.33%
2008 30.853.000 52.86%
2009 32.411.000 4.81%
2010 27.186.000 -19.22%
2011 33.119.000 17.91%
2012 1.525.000 -2071.74%
2013 45.659.000 96.66%
2014 44.058.000 -3.63%
2015 19.900.000 -121.4%
2016 2.509.000 -693.14%
2017 919.000 -173.01%
2018 1.316.000 30.17%
2019 2.531.000 48%
2020 3.991.000 36.58%
2021 566.000 -605.12%
2022 834.000 32.13%
2023 582.000 -43.3%
2024 97.000 -500%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

MIND Technology, Inc. Equity
Year Equity Growth
1995 6.200.000
1996 8.000.000 22.5%
1997 15.200.000 47.37%
1998 74.200.000 79.51%
1999 64.800.000 -14.51%
2000 60.275.000 -7.51%
2001 53.988.000 -11.65%
2002 42.603.000 -26.72%
2003 33.658.000 -26.58%
2004 30.797.000 -9.29%
2005 33.877.000 9.09%
2006 47.451.000 28.61%
2007 59.506.000 20.26%
2008 75.768.000 21.46%
2009 77.123.000 1.76%
2010 84.955.000 9.22%
2011 94.715.000 10.3%
2012 155.434.000 39.06%
2013 176.313.000 11.84%
2014 170.448.000 -3.44%
2015 146.474.000 -16.37%
2016 105.037.000 -39.45%
2017 80.932.000 -29.78%
2018 65.849.000 -22.91%
2019 56.678.000 -16.18%
2020 47.652.000 -18.94%
2021 30.416.000 -56.67%
2022 30.263.000 -0.51%
2023 23.052.000 -31.28%
2024 21.203.000 -8.72%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

MIND Technology, Inc. Assets
Year Assets Growth
1995 8.200.000
1996 12.200.000 32.79%
1997 24.300.000 49.79%
1998 91.600.000 73.47%
1999 67.200.000 -36.31%
2000 67.705.000 0.75%
2001 72.561.000 6.69%
2002 58.795.000 -23.41%
2003 44.340.000 -32.6%
2004 40.730.000 -8.86%
2005 41.395.000 1.61%
2006 57.620.000 28.16%
2007 83.302.000 30.83%
2008 103.901.000 19.83%
2009 104.227.000 0.31%
2010 115.397.000 9.68%
2011 137.971.000 16.36%
2012 198.229.000 30.4%
2013 190.407.000 -4.11%
2014 205.419.000 7.31%
2015 179.611.000 -14.37%
2016 134.759.000 -33.28%
2017 94.714.000 -42.28%
2018 73.679.000 -28.55%
2019 65.301.000 -12.83%
2020 58.228.000 -12.15%
2021 39.763.000 -46.44%
2022 42.020.000 5.37%
2023 32.858.000 -27.88%
2024 29.835.000 -10.13%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

MIND Technology, Inc. Liabilities
Year Liabilities Growth
1995 2.000.000
1996 4.200.000 52.38%
1997 9.100.000 53.85%
1998 17.400.000 47.7%
1999 2.400.000 -625%
2000 7.430.000 67.7%
2001 18.573.000 60%
2002 16.192.000 -14.7%
2003 10.682.000 -51.58%
2004 9.933.000 -7.54%
2005 7.518.000 -32.12%
2006 10.169.000 26.07%
2007 23.796.000 57.27%
2008 28.133.000 15.42%
2009 27.104.000 -3.8%
2010 30.442.000 10.97%
2011 43.256.000 29.62%
2012 42.795.000 -1.08%
2013 14.094.000 -203.64%
2014 34.971.000 59.7%
2015 33.137.000 -5.53%
2016 29.722.000 -11.49%
2017 13.782.000 -115.66%
2018 7.830.000 -76.02%
2019 8.623.000 9.2%
2020 10.576.000 18.47%
2021 9.347.000 -13.15%
2022 11.757.000 20.5%
2023 9.806.000 -19.9%
2024 8.632.000 -13.6%

MIND Technology, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
27.54
Net Income per Share
-0.51
Price to Earning Ratio
-11.42x
Price To Sales Ratio
0.21x
POCF Ratio
-1.31
PFCF Ratio
-1.26
Price to Book Ratio
0.39
EV to Sales
0.11
EV Over EBITDA
-3.47
EV to Operating CashFlow
-0.67
EV to FreeCashFlow
-0.64
Earnings Yield
-0.09
FreeCashFlow Yield
-0.79
Market Cap
0,01 Bil.
Enterprise Value
0,00 Bil.
Graham Number
13.19
Graham NetNet
4.61

Income Statement Metrics

Net Income per Share
-0.51
Income Quality
12.53
ROE
-0.03
Return On Assets
-0.02
Return On Capital Employed
-0.13
Net Income per EBT
0.35
EBT Per Ebit
0.71
Ebit per Revenue
-0.08
Effective Tax Rate
-0.45

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0.07
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.4
Operating Profit Margin
-0.08
Pretax Profit Margin
-0.05
Net Profit Margin
-0.02

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-4.47
Free CashFlow per Share
-4.64
Capex to Operating CashFlow
0.04
Capex to Revenue
-0.01
Capex to Depreciation
-0.15
Return on Invested Capital
-0.18
Return on Tangible Assets
-0.03
Days Sales Outstanding
36.6
Days Payables Outstanding
17.77
Days of Inventory on Hand
209.08
Receivables Turnover
9.97
Payables Turnover
20.54
Inventory Turnover
1.75
Capex per Share
-0.18

Balance Sheet

Cash per Share
3,96
Book Value per Share
15,08
Tangible Book Value per Share
12.89
Shareholders Equity per Share
15.08
Interest Debt per Share
-0.93
Debt to Equity
0.07
Debt to Assets
0.05
Net Debt to EBITDA
3.36
Current Ratio
3.09
Tangible Asset Value
0,02 Bil.
Net Current Asset Value
0,02 Bil.
Invested Capital
0.07
Working Capital
0,02 Bil.
Intangibles to Total Assets
0.1
Average Receivables
0,01 Bil.
Average Payables
0,00 Bil.
Average Inventory
14457000
Debt to Market Cap
0.18

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

MIND Technology, Inc. Dividends
Year Dividends Growth
2018 1

MIND Technology, Inc. Profile

About MIND Technology, Inc.

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.

CEO
Mr. Robert P. Capps
Employee
190
Address
2002 Timberloch Place
The Woodlands, 77380

MIND Technology, Inc. Executives & BODs

MIND Technology, Inc. Executives & BODs
# Name Age
1 Mr. Robert P. Capps
President, Chief Executive Officer & Director
70
2 Mr. Mark Alan Cox
Chief Financial Officer, Vice President of Finance & Accounting and Chief Accounting Officer
70
3 Mr. Jack Lascar
Investor Relations
70

MIND Technology, Inc. Competitors