MIND Technology, Inc.
MIND Technology, Inc. ( MIND and, together with its consolidated subsidiaries, the Company , we , us and our ), a Delaware corporation, was incorporated in 1987. We provide technology to the oceanographic, hydrographic, seismic and maritime security industries.
$4.11
-$0.13 (-3.07%)
EOD Oct 22, 2026
Operating margin is thin at 6.98%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 12.6% YoY. Margins deteriorated 7.6pp alongside, both lines moving the wrong way.
ROIC dropped from 18.37% to 6.35%, capital efficiency is deteriorating. Operating margin contracted 7.6pp YoY, cost discipline may be slipping.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$35M
▼ -12.6% YoY
Net Income (TTM)
-$2M
▼ -85.2% YoY
Op. Margin
-2.67%
▼ -7.6pp YoY
ROIC
-1.76%
▼ -12.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$4M
▲ +798.6% YoY
Op. Cash Flow (TTM)
-$3M
▲ +297.2% YoY
Net Debt
-$15M
Net Cash Position
Cash & Equiv.
$16M
5Y CAGR: +14.1%
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SourceComputed from the 10-Q filed 8 Sept 2026, covering the period ending 31 Jul 2026, as reported to the SEC. Data last refreshed 12 Oct 2026. How this is calculated.
Price from market data, last close as of 22 Oct 2026. Fiscal year ends Jan. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is MIND Technology (MIND) overvalued?
MIND Technology (MIND)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, MIND Technology scores 36/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is MIND Technology a high-quality business?+
MIND Technology scores 36 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -2.7% operating margin and a -1.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is MIND Technology a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh MIND's valuation and scores 36/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Search, Detection, Navigation, Guidance, Aeronautical Sys
Spot a number that looks wrong? Check it in MIND's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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