Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.68
MIND's Cash to Debt is ranked higher than
61% of the 238 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.39 vs. MIND: 0.68 )
MIND' s 10-Year Cash to Debt Range
Min: 0.07   Max: No Debt
Current: 0.68

Equity to Asset 0.83
MIND's Equity to Asset is ranked higher than
90% of the 240 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.44 vs. MIND: 0.83 )
MIND' s 10-Year Equity to Asset Range
Min: 0.59   Max: 0.99
Current: 0.83

0.59
0.99
F-Score: 4
Z-Score: 4.25
M-Score: -3.07
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Revenue Growth (%) -0.10
MIND's Revenue Growth (%) is ranked higher than
54% of the 170 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 5.30 vs. MIND: -0.10 )
MIND' s 10-Year Revenue Growth (%) Range
Min: -30.2   Max: 49.5
Current: -0.1

-30.2
49.5
EBITDA Growth (%) -1.50
MIND's EBITDA Growth (%) is ranked higher than
63% of the 158 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 3.30 vs. MIND: -1.50 )
MIND' s 10-Year EBITDA Growth (%) Range
Min: -45.9   Max: 39
Current: -1.5

-45.9
39
EPS Growth (%) -7.80
MIND's EPS Growth (%) is ranked higher than
59% of the 135 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 5.70 vs. MIND: -7.80 )
MIND' s 10-Year EPS Growth (%) Range
Min: -62.3   Max: 195.5
Current: -7.8

-62.3
195.5
» MIND's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

MIND Guru Trades in Q1 2013

John Rogers 2,481,998 sh (+20.88%)
Chuck Royce 46,800 sh (unchged)
Zeke Ashton 25,000 sh (unchged)
Paul Tudor Jones Sold Out
Whitney Tilson 50,000 sh (-50%)
Jim Simons 14,300 sh (-71.96%)
» More
Q2 2013

MIND Guru Trades in Q2 2013

John Rogers 2,789,471 sh (+12.39%)
Chuck Royce Sold Out
Jim Simons Sold Out
Whitney Tilson 37,400 sh (-25.2%)
» More
Q3 2013

MIND Guru Trades in Q3 2013

Zeke Ashton 50,300 sh (New)
John Rogers 2,875,262 sh (+3.08%)
Whitney Tilson Sold Out
» More
Q4 2013

MIND Guru Trades in Q4 2013

John Rogers 3,155,455 sh (+9.74%)
Zeke Ashton 20,000 sh (-60.24%)
» More
» Details

Insider Trades

Latest Guru Trades with MIND



No Insider Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 38.40
MIND's P/E(ttm) is ranked lower than
65% of the 206 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 17.90 vs. MIND: 38.40 )
MIND' s 10-Year P/E(ttm) Range
Min: 2.76   Max: 241.88
Current: 38.4

2.76
241.88
P/B 1.03
MIND's P/B is ranked higher than
75% of the 236 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.78 vs. MIND: 1.03 )
MIND' s 10-Year P/B Range
Min: 0.31   Max: 4.86
Current: 1.03

0.31
4.86
P/S 1.92
MIND's P/S is ranked lower than
59% of the 244 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 1.20 vs. MIND: 1.92 )
MIND' s 10-Year P/S Range
Min: 0.37   Max: 6.87
Current: 1.92

0.37
6.87
EV-to-EBIT 31.37
MIND's EV-to-EBIT is ranked lower than
68% of the 216 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 15.03 vs. MIND: 31.37 )
MIND' s 10-Year EV-to-EBIT Range
Min: 2.2   Max: 1287.7
Current: 31.37

2.2
1287.7
PEG 3.99
MIND's PEG is ranked higher than
51% of the 110 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 2.14 vs. MIND: 3.99 )
MIND' s 10-Year PEG Range
Min: 0.11   Max: 18.09
Current: 3.99

0.11
18.09
Shiller P/E 15.57
MIND's Shiller P/E is ranked higher than
75% of the 89 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 20.75 vs. MIND: 15.57 )
MIND' s 10-Year Shiller P/E Range
Min: 3.98   Max: 85.71
Current: 15.57

3.98
85.71

Valuation & Return

vs
industry
vs
history
Earnings Yield (Greenblatt) 3.20
MIND's Earnings Yield (Greenblatt) is ranked lower than
64% of the 227 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 6.70 vs. MIND: 3.20 )
MIND' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 46
Current: 3.2

0.1
46
Forward Rate of Return (Yacktman) 7.88
MIND's Forward Rate of Return (Yacktman) is ranked higher than
82% of the 147 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 4.13 vs. MIND: 7.88 )
MIND' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -1.7   Max: 30.1
Current: 7.88

-1.7
30.1

Business Description

Industry: Consulting & Outsourcing » Rental & Leasing Services
Compare:BOX, TAL, HTZ, URI, AYR » details
Traded in other countries:MI7.Germany
Mitcham Industries, Inc. is a Texas corporation, was incorporated in 1987. It leases and sells geophysical and other equipment used primarily by seismic data acquisition contractors to perform seismic data acquisition surveys on land, in transition zones (marsh and shallow water areas) and deep water marine areas. It operates in two business segments, equipment leasing and manufacturing. Its equipment leasing segment is engaged in the leasing of seismic equipment to companies in the oil and gas industry. It also sells new and used seismic equipment from time to time. The manufacturing segment is engaged in the design, production and sale of marine seismic equipment. The Company owns a variety of technologically advanced equipment acquired from the leading seismic manufacturers. Its lease pool includes many types of equipment used in seismic data acquisition, including various electronic components of land, transition zone and marine seismic data acquisition systems, geophones and cables, peripheral equipment, survey and other equipment. The Company leases its equipment on a short-term basis, generally for two to six months, to seismic contractors who need equipment for a particular seismic survey. Certain equipment that is used in vertical seismic profiling, or downhole operations, is generally leased to oil field service companies and generally for shorter periods, ranging from a few days to two weeks. Short-term leasing agreements enable its customers to achieve operating and capital investment efficiencies. A typical seismic crew uses a wide variety of equipment to perform seismic data acquisition surveys. Its customers may lease a small amount of equipment to expand an existing crew's capabilities or a complete seismic data acquisition system to equip an entire crew. Demand for short-term seismic equipment leases is affected by many factors, including: the highly variable size and technological demands of individual seismic surveys, seasonal weather patterns and sporadic demand for seismic surveys in certain regions, the term of the lease; and the cost of seismic equipment. These factors allow seismic contractors to use short-term seismic equipment leasing as a cost-effective alternative to purchasing additional equipment. Its equipment lease rates vary according to an item's expected useful life, utilization, acquisition cost and the term of the lease. The Company's major competitors include the seismic equipment manufacturers who sell equipment on financed terms or offer leases with purchase options and seismic contractors who might have excess equipment available for lease from time to time.
» More Articles for MIND

Headlines

Articles On GuruFocus.com
John Rogers' Ariel Investments Monthly Commentary - November Dec 12 2013 
John Rogers Makes 5 Real-Time Increases Jul 11 2013 
comment on MIND May 27 2013 
comment on MIND May 13 2013 
comment on MIND Apr 09 2013 
comment on MIND Apr 04 2013 
comment on MIND Apr 04 2013 
comment on MIND Apr 04 2013 
comment on MIND Apr 04 2013 
comment on MIND Mar 14 2013 

More From Our Partners
Bear of the Day: Mitcham (MIND) - Bear of the Day Apr 15 2014 - ZACKS

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide