Using the industry peer median EV/Revenue multiple (trailing + forward), MIND Technology, Inc. (MIND) has a fair value of $10.17 based on 8 comparable companies in the Hardware, Equipment & Parts industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| MIND Technology, Inc.MIND | 62 | 1.1x | 1.3x |
| Syntec Optics Holdings, Inc. | 292 | 10.8x | — |
| Silicom Ltd. | 252 | 3.7x | 1.8x |
| Comtech Telecommunications Corp. | 117 | 0.7x | 0.3x |
| Genasys Inc. | 93 | 2.6x | 3.0x |
| Interlink Electronics, Inc. | 56 | 4.6x | 3.9x |
| Soluna Holdings, Inc. | 44 | 1.5x | 1.9x |
| PSQ Holdings, Inc. | 36 | 1.5x | 1.2x |
| Gauzy Ltd. Ordinary Shares | 9 | 0.5x | 0.5x |
| Industry Median | 2.1x | 1.8x | |
| (*) Revenue | 41 | 35 | |
| = Enterprise Value | 85 | 63 | |
| (-) Net Debt | -18 | -18 | |
| Equity Value | 103 | 81 | |
| (/) Outstanding shares | 9 | 9 | |
| Fair Price | $11 | $9 | |
Using the PEG framework with historical EPS growth of 8.0%, the company has a fair value of $0.80 based on TTM EPS (FY2025) of $0.10.
| EPS Growth RateHistorical | -84.4% |
| Adjusted Growth (clamped 8–25%)Clamped | 8.0% |
| Fair P/E | 8.0x |
| TTM EPS (FY2025) | $0.10 |
| Fair Value | $0.80 |
No analyst estimates available.
| Year | Net Income | EPS | YoY |
|---|---|---|---|
| FY2021 | $-15.1M | $-2.46 | — |
| FY2022 | $-8.8M | $-9.20 | — |
| FY2023 | $-2.1M | $-0.38 | — |
| FY2024 | $5.1M | $0.64 | — |
| FY2025 | $750,000 | $0.10 | -84.4% |
4Y Historical EPS CAGR: -84.4%
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.