Contrasting MIND Technology (MIND) and Its Rivals

MIND Technology (NASDAQ:MINDGet Rating) is one of 16 public companies in the “Search & navigation equipment” industry, but how does it compare to its competitors? We will compare MIND Technology to related businesses based on the strength of its analyst recommendations, dividends, profitability, valuation, earnings, institutional ownership and risk.

Earnings and Valuation

This table compares MIND Technology and its competitors revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
MIND Technology $23.11 million -$15.09 million -0.45
MIND Technology Competitors $5.50 billion $842.29 million 16.34

MIND Technology’s competitors have higher revenue and earnings than MIND Technology. MIND Technology is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares MIND Technology and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
MIND Technology -42.73% N/A -31.07%
MIND Technology Competitors -280.20% -5.67% -4.82%

Analyst Recommendations

This is a summary of current ratings for MIND Technology and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MIND Technology 0 0 0 0 N/A
MIND Technology Competitors 74 491 568 19 2.46

As a group, “Search & navigation equipment” companies have a potential upside of 15.87%. Given MIND Technology’s competitors higher probable upside, analysts clearly believe MIND Technology has less favorable growth aspects than its competitors.

Volatility & Risk

MIND Technology has a beta of 1.62, meaning that its stock price is 62% more volatile than the S&P 500. Comparatively, MIND Technology’s competitors have a beta of 1.02, meaning that their average stock price is 2% more volatile than the S&P 500.

Insider and Institutional Ownership

18.9% of MIND Technology shares are held by institutional investors. Comparatively, 60.4% of shares of all “Search & navigation equipment” companies are held by institutional investors. 9.7% of MIND Technology shares are held by company insiders. Comparatively, 10.3% of shares of all “Search & navigation equipment” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

MIND Technology competitors beat MIND Technology on 7 of the 10 factors compared.

About MIND Technology

(Get Rating)

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.

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