Mind Technology Net Worth

Mind Technology Net Worth Breakdown

  MIND
The net worth of Mind Technology is the difference between its total assets and liabilities. Mind Technology's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Mind Technology's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Mind Technology's net worth can be used as a measure of its financial health and stability which can help investors to decide if Mind Technology is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Mind Technology stock.

Mind Technology Net Worth Analysis

Mind Technology's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Mind Technology's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Mind Technology's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Mind Technology's net worth analysis. One common approach is to calculate Mind Technology's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Mind Technology's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Mind Technology's net worth. This approach calculates the present value of Mind Technology's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Mind Technology's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Mind Technology's net worth. This involves comparing Mind Technology's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Mind Technology's net worth relative to its peers.

Enterprise Value

20.9 Million

To determine if Mind Technology is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Mind Technology's net worth research are outlined below:
Mind Technology had very high historical volatility over the last 90 days
The company reported the previous year's revenue of 36.51 M. Net Loss for the year was (1.1 M) with profit before overhead, payroll, taxes, and interest of 20.66 M.
Mind Technology currently holds about 833 K in cash with (4.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Latest headline from zacks.com: MIND Technology Rises 91 percent in 6 Months Should You Buy the Stock
Mind Technology uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Mind Technology. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Mind Technology's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
17th of April 2024
Upcoming Quarterly Report
View
31st of January 2024
Next Fiscal Quarter End
View

Mind Technology Target Price Consensus

Mind target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Mind Technology's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   One  Strong Buy
Most Mind analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Mind stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Mind Technology, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Mind Technology Target Price Projection

Mind Technology's current and average target prices are 7.72 and 8.00, respectively. The current price of Mind Technology is the price at which Mind Technology is currently trading. On the other hand, Mind Technology's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Mind Technology Market Quote on 20th of March 2025

Low Price7.25Odds
High Price7.8Odds

7.72

Target Price

Analyst Consensus On Mind Technology Target Price

Low Estimate7.28Odds
High Estimate8.88Odds

8.0

Historical Lowest Forecast  7.28 Target Price  8.0 Highest Forecast  8.88
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Mind Technology and the information provided on this page.

Know Mind Technology's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Mind Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mind Technology backward and forwards among themselves. Mind Technology's institutional investor refers to the entity that pools money to purchase Mind Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Ubs Group Ag2024-12-31
26.2 K
Virtu Financial Llc2024-12-31
24.1 K
Blackrock Inc2024-12-31
23.2 K
Quadrature Capital Llp2024-12-31
22.6 K
Northern Trust Corp2024-12-31
19.5 K
Squarepoint Ops Llc2024-12-31
18.3 K
Brighton Jones Llc2024-12-31
17.3 K
Goss Wealth Management Llc2024-12-31
16.6 K
Xtx Topco Ltd2024-12-31
14.4 K
Schmeidler A R & Co Inc2024-12-31
302.1 K
Kennedy Capital Management Inc2024-12-31
211.5 K
Note, although Mind Technology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Mind Technology's market capitalization trends

The company currently falls under 'Micro-Cap' category with a current market capitalization of 58.1 M.

Market Cap

19.64 Million

Project Mind Technology's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.08)(0.08)
Return On Capital Employed 0.03  0.03 
Return On Assets(0.07)(0.07)
Return On Equity(0.09)(0.11)
The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.16 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.16.
When accessing Mind Technology's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Mind Technology's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Mind Technology's profitability and make more informed investment decisions.
Please note, the presentation of Mind Technology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mind Technology's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Mind Technology's management manipulating its earnings.

Evaluate Mind Technology's management efficiency

Mind Technology has return on total asset (ROA) of 0.1205 % which means that it generated a profit of $0.1205 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1954 %, meaning that it created $0.1954 on every $100 dollars invested by stockholders. Mind Technology's management efficiency ratios could be used to measure how well Mind Technology manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.03, whereas Return On Tangible Assets are forecasted to decline to (0.08). At present, Mind Technology's Total Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 6.3 M, whereas Non Current Assets Total are forecasted to decline to about 5.6 M.
Last ReportedProjected for Next Year
Book Value Per Share 14.49  13.77 
Tangible Book Value Per Share 16.16  15.35 
Enterprise Value Over EBITDA 2.53  2.30 
Price Book Value Ratio 0.43  0.41 
Enterprise Value Multiple 2.53  2.30 
Price Fair Value 0.43  0.41 
Enterprise Value28.6 M20.9 M
Leadership effectiveness at Mind Technology is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Enterprise Value Revenue
1.2416
Revenue
45.2 M
Quarterly Revenue Growth
1.434
Revenue Per Share
18.596
Return On Equity
0.1954
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Mind Technology insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mind Technology's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Mind Technology insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Mind Technology Corporate Filings

8K
29th of January 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
22nd of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
12th of December 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
25th of October 2024
Other Reports
ViewVerify
Mind Technology time-series forecasting models is one of many Mind Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mind Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Mind Technology Earnings Estimation Breakdown

The calculation of Mind Technology's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Mind Technology is estimated to be 0.14 with the future projection ranging from a low of 0.14 to a high of 0.14. Please be aware that this consensus of annual earnings estimates for Mind Technology is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
2.87
0.14
Lowest
Expected EPS
0.14
0.14
Highest

Mind Technology Earnings Projection Consensus

Suppose the current estimates of Mind Technology's value are higher than the current market price of the Mind Technology stock. In this case, investors may conclude that Mind Technology is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Mind Technology's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of January 2025Current EPS (TTM)
150.04%
2.87
0.14
6.0

Mind Technology Earnings per Share Projection vs Actual

Actual Earning per Share of Mind Technology refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Mind Technology predict the company's earnings will be in the future. The higher the earnings per share of Mind Technology, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Mind Technology Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Mind Technology, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Mind Technology should always be considered in relation to other companies to make a more educated investment decision.

Mind Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Mind Technology's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-12-11
2024-10-310.132.872.742107 
2024-09-11
2024-07-310.02-0.11-0.13650 
2024-06-10
2024-04-300.30.35140.051417 
2024-04-29
2024-01-310.480.35-0.1327 
2023-12-13
2023-10-31-0.2-1.97-1.77885 
2023-09-13
2023-07-31-0.14-0.18-0.0428 
2023-06-13
2023-04-30-0.07-0.09-0.0228 
2023-04-19
2023-01-31-0.03-0.030.0
2022-12-13
2022-10-31-0.18-0.3-0.1266 
2022-09-12
2022-07-31-0.2-0.20.0
2022-06-08
2022-04-30-0.23-0.27-0.0417 
2022-04-20
2022-01-31-0.22-0.49-0.27122 
2021-12-08
2021-10-31-0.19-0.2-0.01
2021-09-08
2021-07-31-0.15-0.25-0.166 
2021-06-02
2021-04-30-0.38-0.310.0718 
2021-04-12
2021-01-31-0.07-0.29-0.22314 
2020-12-03
2020-10-31-0.22-0.24-0.02
2020-09-14
2020-07-31-0.38-0.20.1847 
2020-06-10
2020-04-30-0.28-0.38-0.135 
2020-04-21
2020-01-310.01-0.12-0.131300 
2019-12-04
2019-10-31-0.23-0.210.02
2019-09-04
2019-07-31-0.19-0.3-0.1157 
2019-06-05
2019-04-30-0.19-0.24-0.0526 
2019-04-03
2019-01-31-0.09-0.38-0.29322 
2018-12-06
2018-10-31-0.19-0.47-0.28147 
2018-09-05
2018-07-31-0.49-0.410.0816 
2018-06-06
2018-04-30-0.4-0.52-0.1230 
2018-04-10
2018-01-31-0.3-0.37-0.0723 
2017-12-06
2017-10-31-0.33-0.46-0.1339 
2017-09-07
2017-07-31-0.44-0.46-0.02
2017-06-07
2017-04-30-0.46-0.240.2247 
2017-04-05
2017-01-31-0.42-0.83-0.4197 
2016-12-07
2016-10-31-0.42-0.62-0.247 
2016-09-07
2016-07-31-0.49-0.8-0.3163 
2016-06-08
2016-04-30-0.33-0.53-0.260 
2016-04-05
2016-01-31-0.36-0.63-0.2775 
2015-12-08
2015-10-31-0.2-0.35-0.1575 
2015-09-02
2015-07-31-0.25-0.36-0.1144 
2015-06-02
2015-04-30-0.18-0.020.1688 
2015-04-07
2015-01-31-0.55-0.320.2341 
2014-12-09
2014-10-310.03-0.03-0.06200 
2014-09-03
2014-07-31-0.03-0.26-0.23766 
2014-06-03
2014-04-300.280.290.01
2014-04-02
2014-01-310.20.14-0.0630 
2013-12-10
2013-10-31-0.01-0.14-0.131300 
2013-09-04
2013-07-310.02-0.05-0.07350 
2013-06-04
2013-04-300.490.48-0.01
2013-04-03
2013-01-310.40.26-0.1435 
2012-12-04
2012-10-310.17-0.1-0.27158 
2012-09-05
2012-07-310.050.080.0360 
2012-06-05
2012-04-300.830.81-0.02
2012-04-03
2012-01-310.570.770.235 
2011-12-06
2011-10-310.220.520.3136 
2011-09-07
2011-07-310.130.11-0.0215 
2011-06-06
2011-04-300.340.580.2470 
2011-04-05
2011-01-310.210.17-0.0419 
2010-12-07
2010-10-310.040.070.0375 
2010-09-07
2010-07-31-0.06-0.010.0583 
2010-06-08
2010-04-300.090.110.0222 
2010-04-07
2010-01-310.10.06-0.0440 
2009-12-08
2009-10-310.010.10.09900 
2009-09-08
2009-07-31-0.06-0.1-0.0466 
2009-06-02
2009-04-300.05-0.01-0.06120 
2009-04-07
2009-01-310.140.160.0214 
2008-12-08
2008-10-310.340.27-0.0720 
2008-09-08
2008-07-310.230.16-0.0730 
2008-06-02
2008-04-300.40.410.01
2008-04-08
2008-01-310.270.320.0518 
2007-12-03
2007-10-310.190.240.0526 
2007-09-04
2007-07-310.130.170.0430 
2007-06-04
2007-04-300.30.390.0930 
2007-04-10
2007-01-310.270.07-0.274 
2006-12-11
2006-10-310.310.380.0722 
2006-09-11
2006-07-310.130.140.01
2005-12-13
2005-10-310.230.290.0626 
2005-06-13
2005-04-300.140.220.0857 
2004-12-15
2004-10-310.1-0.09-0.19190 
2004-06-14
2004-04-30-0.090.150.24266 
2003-12-15
2003-10-31-0.250.010.26104 
2003-09-15
2003-07-31-0.16-0.26-0.162 
2003-06-16
2003-04-30-0.28-0.060.2278 
2003-04-22
2003-01-31-0.32-0.34-0.02
2002-12-13
2002-10-31-0.39-0.43-0.0410 
2002-09-16
2002-07-31-0.19-0.57-0.38200 
2002-06-14
2002-04-30-0.17-0.23-0.0635 
2002-04-18
2002-01-310.03-0.21-0.24800 
2001-12-14
2001-10-310.06-0.01-0.07116 
2001-09-14
2001-07-310.020.040.02100 
2001-06-13
2001-04-300.060.05-0.0116 
2001-04-18
2001-01-310.010.040.03300 
2000-12-12
2000-10-31-0.05-0.18-0.13260 
2000-09-14
2000-07-31-0.09-0.1-0.0111 
2000-06-14
2000-04-30-0.07-0.08-0.0114 
2000-04-17
2000-01-31-0.07-0.050.0228 
1999-12-08
1999-10-31-0.12-0.110.01
1999-09-03
1999-07-31-0.14-0.22-0.0857 
1999-06-14
1999-04-30-0.11-0.13-0.0218 
1999-04-16
1999-01-31-0.05-0.17-0.12240 
1998-12-10
1998-10-310.090.10.0111 
1998-09-08
1998-07-310.090.090.0
1998-05-14
1998-04-300.270.17-0.137 
1997-12-01
1997-10-310.250.250.0
1997-09-03
1997-07-310.130.160.0323 
1997-06-04
1997-04-300.260.280.02
1997-03-12
1997-01-310.270.23-0.0414 
1996-06-04
1996-04-300.130.140.01
1996-03-27
1996-01-310.20.18-0.0210 

Mind Technology Corporate Executives

Elected by the shareholders, the Mind Technology's board of directors comprises two types of representatives: Mind Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mind. The board's role is to monitor Mind Technology's management team and ensure that shareholders' interests are well served. Mind Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mind Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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
18.596
Quarterly Revenue Growth
1.434
Return On Assets
0.1205
Return On Equity
0.1954
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.