Stocktoria

MIND TECHNOLOGY, INC MIND

MIND TECHNOLOGY, INC (MIND) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2026 revenue was $40.9M at a 1.8% net margin.

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49/100
Stocktoria Quality Score · grade C
5/9
Piotroski F — financial health
3.79
Altman Z″ — distress risk · safe
Dividend yield · no dividend
-2.64
Beneish M-score — earnings quality · low

Quality score trend · recomputed for each fiscal year

Piotroski F /9
4 4 2 2 0 1 5 2 3 5 2019202020212022202220232024202420252026
Altman Z″
5.27 3.17 -4.07 -5.87 -5.38 -8.69 -6.66 -1.13 3.79 2019202020212022202220232024202420252026

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$4.67 as of 2026-08-01 · -53.9% 1y
$4.67$11.0152-wk

Beneish M-score: -2.64 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Market cap USD$45M
P / E60.5×
Net margin 5y avg-5.5%
Return on equity 5y avg-4.2%
Beta0.34
Employees157

Analyst price target

$10.00 +114.1% vs last
· 1 analysts
target range $10.00 – $10.00

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 8y · down

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 63%
Net marginstronger than 58%
Return on equitystronger than 61%
Revenue growthstronger than 13%

Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 5/9 tests passed

Altman Z″ components · safe zone

ComponentValue
Working capital / assets0.76
Retained earnings / assets-2.186
EBIT / assets0.058
Equity / liabilities5.277

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
MINDMIND TECHNOLOGY, INC5/93.7960.5-12.6%
CODACoda Octopus Group, Inc.6/914.3926.2+30.7%
NNNEXTNAV INC.2/9-12.21
AERGAPPLIED ENERGETICS, INC.4/9
LUNRIntuitive Machines, Inc.3/9-1.03-7.9%
TDYTELEDYNE TECHNOLOGIES INC7/94.8632.3+7.9%
GRMNGARMIN LTD6/910.5826.9+15.1%

All Manufacturing companies →

About MIND TECHNOLOGY, INC

MIND Technology, Inc., together with its subsidiaries, designs, manufactures, and sells products for the oceanographic, hydrographic, and marine seismic industries in the United States, China, Norway, Turkey, Singapore, Japan, and internationally. The company offers GunLink seismic source acquisitions and control systems for operators of marine seismic surveys; BuoyLink RGNSS positioning system for positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; and SeaLink towed seismic streamer system. It also provides streamer weight collars, depth transducers, pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair, training, field service operations, and umbilical termination services. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.

FAQ

Is MIND financially healthy?

MIND TECHNOLOGY, INC's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.

Does MIND pay a dividend?

No, MIND TECHNOLOGY, INC does not currently pay a dividend.

How profitable is MIND?

In FY2026, MIND TECHNOLOGY, INC had a net margin of 1.8% and a return on equity of 1.8%.

What is MIND's P/E ratio?

MIND TECHNOLOGY, INC's trailing price-to-earnings (P/E) ratio is about 60.5×, based on its latest annual earnings.

What is the analyst price target for MIND?

The average Wall-Street price target for MIND TECHNOLOGY, INC is $10.00, about 114.1% above the recent price, from 1 analysts.

Is MIND a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on MIND TECHNOLOGY, INC: a Piotroski F-score of 5/9, an Altman Z″ in the safe zone, a P/E of about 60.5×. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2026-01-31. Facts plus Stocktoria's own computed scores — not investment advice.