MIND Technology, Inc. (MIND) is a publicly traded company in the Technology — Hardware, Equipment & Parts industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
MIND Technology, Inc., together with its subsidiary companies, delivers specialized technological solutions to a range of sectors, including oceanography, hydrography, defense, seismic exploration, and maritime security. Their core product line features advanced systems such as the GunLink, which facilitates the precise acquisition, monitoring, and control of seismic energy sources for marine surveys.
Analysis Summary
MIND Technology, Inc. reported revenue of $40.9M in the most recent fiscal year, growing at a 5-year CAGR of 14.1%.
Trailing-twelve-month margins: gross margin 44.0%, operating margin 8.3%, net margin 3.1%.
At the current price of $4.11, MIND trades at a P/E of 25.74 and an ROE of 3.45%. Market capitalisation stands at $37M.
Balance sheet quality for MIND: current ratio of 6.0, net cash position of $18.0M. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Cash flow quality is strong: free cash flow of $1.9M represents 256% conversion of reported net income. High conversion (above 90%) suggests earnings translate cleanly into cash; lower conversion may indicate working capital tightness or accounting timing differences.
Price
| Price | $4.11 |
| Market Cap | $37M |
| Exchange | NASDAQ |
| Country | US |
Valuation Ratios
| P/E Ratio | 25.74 |
| Price / Book | 0.94 |
| EV / EBITDA | 5.49 |
| Dividend Yield | 0.00% |
Profitability
| Return on Equity | 3.45% |
| Return on Invested Capital | 2.99% |
| Return on Assets | 2.58% |
| Gross Margin | 43.97% |
| Operating Margin | 8.26% |
| Net Margin | 3.06% |
Financial Health
| Debt / Equity | 0.02 |
| Current Ratio | 5.20 |
What to look at in Technology companies
- Revenue growth 3y (>=15%/year) — Validates sustained traction, not a one-off.
- Gross margin (Sub-sector dependent) — SaaS >=70%, Internet >=55%, Semis >=45%, Hardware >=35%.
- FCF / Revenue (>=20%) — Real cash generated. Many tech firms dress up non-GAAP earnings.
- ROIC (>=15%) — Capital reinvested efficiency — Buffett's first metric.
- SBC / Revenue (<10% healthy) — Stock-based compensation. Silent dilution: >20% destroys value.
- Net Debt / EBITDA (<=2x (1.5x SaaS)) — Resilience in downturns and rate hikes.
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| MIND | MIND Technology, Inc. | $37M | 25.74 | 0.94 | 3.5% |
| MAW.L | Maruwa Co., Ltd. | $756.9B | 35.87 | 4.42 | 12.3% |
| 0HFB.L | Amphenol Corporation | $192.0B | |||
| APH | Amphenol Corporation | $191.5B | 36.67 | 12.23 | 37.2% |
| 0R2X.L | Corning Inc | $126.3B | 56.94 | 8.62 | 15.9% |
| GLW | Corning Inc | $124.2B | 65.26 | 9.88 | 15.9% |
| HHPD.L | Hon Hai Precision Industry Co., Ltd. | $109.1B | |||
| 0Z4I.L | Sunny Optical Technology (Group) Company Limited | $74.3B | 13.41 | 2.20 | 16.5% |
Price Performance
| 1 month | -12.98% |
| 3 months | -22.39% |
| Year-to-date | -53.47% |
| 1 year | -49.26% |
| 3 years | -30.68% |
52-Week Range
| 52-week High | $14.50 |
| 52-week Low | $3.63 |
| Avg Volume (90d) | 102K |
Dividend History
| Date | Amount | Yield |
|---|---|---|
| 2018-10-12 | $0.0563 | 5.48% |
Related companies: CMTL · GAUZ · GNSS · INVE · LINK · OPTX · PSQH
Explore sector: Technology · Hardware, Equipment & Parts
More sections of MIND: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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