MIND Technology, Inc.
MIND Technology provides technology to oceanographic, hydrographic, defense, seismic, and maritime security industries worldwide. Products include GunLink, BuoyLink, Sleeve Gun, SeaLink, and Sea Serpent systems. They also offer streamer weight collars, depth transducers, air control valves, source array systems, spare parts, repair services, training, and field operations. The company was previously known as Mitcham Industries and is headquartered in Texas.
Overview
Sector
Scientific Instruments
Strengths
- Current Price to Earnings Ratio (15.22) is lower than the sector mean (111.64).
- Price to book ratio (2.83) is lower than the sector mean (11.67).
- EV/EBITDA (9.43) is lower than the sector mean (63.25).
- EV/EBIT (10.74) is lower than the sector mean.
Weaknesses
- With a depreciation Potential of -100.00%, based on our fundamental analysis, it suggests the stock may be overvalued.
- The company has high debt. Net Debt to EBITDA Ratio (100.00) is higher than the sector mean.
- The company have lower returns than the sector in which it operates. ROIC (2.27%) is significantly lower than the sector mean (7.53%).
- The Price to Free Cash Flow ratio (360.86) is significantly higher than the sector mean.
Key Financial Data
| Indicator | Value |
|---|
| PER | 16.5 |
| EV/EBITDA | 10.3 |
| Price/Free Cash Flow' | 391.0 |
| ROIC | 2.3% |
| Net Debt/EBITDA | 100.0 |