MIND Valuation

Mind Technology Inc

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9.280

-0.985(-9.596%)1D

Overview
Forecast
Valuation
Earnings

MIND Relative Valuation

MIND's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, MIND is overvalued; if below, it's undervalued.

Historical Valuation

Mind Technology Inc (MIND) is now in the Overvalued zone, suggesting that its current forward PS ratio of 1.64 is considered Overvalued compared with the five-year average of -2.17. The fair price of Mind Technology Inc (MIND) is between 1.63 to 5.91 according to relative valuation methord. Compared to the current price of 10.27 USD , Mind Technology Inc is Overvalued By 73.67%.

Relative Value

Fair Zone

1.63-5.91

Current Price：10.27

73.67%

Overvalued

14.06

Trailing

Forward

7.66

EV/EBITDA

Mind Technology Inc. (MIND) has a current EV/EBITDA of 7.66. The 5-year average EV/EBITDA is 10.21. The thresholds are as follows: Strongly Undervalued below -38.89, Undervalued between -38.89 and -14.34, Fairly Valued between 34.76 and -14.34, Overvalued between 34.76 and 59.31, and Strongly Overvalued above 59.31. The current Forward EV/EBITDA of 7.66 falls within the Historic Trend Line -Fairly Valued range.

9.06

EV/EBIT

Mind Technology Inc. (MIND) has a current EV/EBIT of 9.06. The 5-year average EV/EBIT is 20.01. The thresholds are as follows: Strongly Undervalued below -202.83, Undervalued between -202.83 and -91.41, Fairly Valued between 131.43 and -91.41, Overvalued between 131.43 and 242.86, and Strongly Overvalued above 242.86. The current Forward EV/EBIT of 9.06 falls within the Historic Trend Line -Fairly Valued range.

1.64

Mind Technology Inc. (MIND) has a current PS of 1.64. The 5-year average PS is 0.56. The thresholds are as follows: Strongly Undervalued below -0.29, Undervalued between -0.29 and 0.14, Fairly Valued between 0.99 and 0.14, Overvalued between 0.99 and 1.42, and Strongly Overvalued above 1.42. The current Forward PS of 1.64 falls within the Strongly Overvalued range.

0.00

P/OCF

Mind Technology Inc. (MIND) has a current P/OCF of 0.00. The 5-year average P/OCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/OCF of 0.00 falls within the Strongly Undervalued range.

0.00

P/FCF

Mind Technology Inc. (MIND) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/FCF of 0.00 falls within the Strongly Undervalued range.

Mind Technology Inc (MIND) has a current Price-to-Book (P/B) ratio of 3.07. Compared to its 3-year average P/B ratio of 0.20 , the current P/B ratio is approximately 1471.59% higher. Relative to its 5-year average P/B ratio of -4.08, the current P/B ratio is about -175.37% higher. Mind Technology Inc (MIND) has a Forward Free Cash Flow (FCF) yield of approximately 10.99%. Compared to its 3-year average FCF yield of -57.23%, the current FCF yield is approximately -119.20% lower. Relative to its 5-year average FCF yield of -58.87% , the current FCF yield is about -118.67% lower.

3.07

P/B

Median3y

0.20

Median5y

-4.08

10.99

FCF Yield

Median3y

-57.23

Median5y

-58.87

Competitors Valuation Multiple

The average P/S ratio for MIND's competitors is 0.65, providing a benchmark for relative valuation. Mind Technology Inc Corp (MIND) exhibits a P/S ratio of 1.64, which is 150.00% above the industry average. Given its robust revenue growth of -18.35%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Leishen Energy Holding Co Ltd

Loss

91.27M

NCSM.O

NCS Multistage Holdings Inc

Mammoth Energy Services Inc

Nine Energy Service Inc

0.05

11.22%

29.22M

Performance Decomposition

Market capitalization of MIND increased by 165.93% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 0.69 to 3.53.

The secondary factor is the Revenue Growth, contributed -18.35%to the performance.

Overall, the performance of MIND in the past 1 year is driven by P/E Change. Which is more unsustainable.

-18.35%

9.68M → 7.90M

Revenue Growth

-224.54%

9.86 → -12.28

Margin Expansion

408.82%

0.69 → 3.53

P/E Change

165.93%