MIND Technology, Inc.

MIND Technology, Inc.

MINDยทNASDAQ

$6.76

+0.30%
TechnologyHardware, Equipment & Parts

MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. The company's products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Digishot energy source controllers; Sleeve Gun energy sources; and SeaLink product line of marine sensors and solid streamer systems. It also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations, as well as side scan sonar equipment and systems. The company markets its products to governmental and commercial customers through internal sales organization and a network of distributors and representatives. It operates in the United States, Europe, Canada, Latin America, the Asia/South Pacific, Eurasia, and internationally. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.

At a Glance

Live Snapshot
Market Cap$61.44M
EPS0.0900
P/E Ratio75.11
Earnings Date06/09/2026
MIND Technology, Inc.

MIND Technology, Inc. Fair Value Envelope

MIND ยท NASDAQ

Our analysis suggests that MIND has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $6.76, this represents a potential HIDDEN relative to our calculated worth for MIND Technology, Inc..

Intrinsic Value
Current Price: $6.76

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$35.8M
+ Cash & Equivalents$19.1M
Firm Value$54.8M
- Debt$1.1M
Equity Value$53.7M
/ Shares Outstanding7,969,421B
DCF Value$7
OVERVALUED BY 0%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$2.6M
$2.6M
$2.6M
$2.6M
$2.6M
$2.6M
$2.6M
$2.6M
$2.6M
$2.6M
Maintenance CapEx
-$132.6K
-$132.6K
-$132.6K
-$132.6K
-$132.6K
-$132.6K
-$132.6K
-$132.6K
-$132.6K
-$132.6K
Owner Earnings
$2.5M
$2.5M
$2.5M
$2.5M
$2.5M
$2.5M
$2.5M
$2.5M
$2.5M
$2.5M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$2.3M
$2.1M
$1.9M
$1.8M
$1.7M
$1.5M
$1.4M
$1.3M
$1.2M
$1.1M
Terminal Value represents 54.0% of Enterprise Value