Ratios

		vs industry	vs history
P/E(ttm)	12.40	MIND's P/E(ttm) is ranked higher than 91% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 15.70 vs. MIND: 12.40 )	MIND' s 10-Year P/E(ttm) Range Min: 2.76   Max: 258 Current: 12.4 2.76 258
P/B	1.14	MIND's P/B is ranked higher than 56% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 1.27 vs. MIND: 1.14 )	MIND' s 10-Year P/B Range Min: 0.28   Max: 5.15 Current: 1.14 0.28 5.15
P/S	1.97	MIND's P/S is ranked lower than 70% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 0.89 vs. MIND: 1.97 )	MIND' s 10-Year P/S Range Min: 0.37   Max: 6.87 Current: 1.97 0.37 6.87
PFCF	27.70	MIND's PFCF is ranked lower than 66% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 10.00 vs. MIND: 27.70 )	MIND' s 10-Year PFCF Range Min: 4.05   Max: 104.78 Current: 27.7 4.05 104.78
EV-to-EBIT	13.19	MIND's EV-to-EBIT is ranked higher than 94% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 16.80 vs. MIND: 13.19 )	MIND' s 10-Year EV-to-EBIT Range Min: 2.2   Max: 1287.7 Current: 13.19 2.2 1287.7
PEG	0.73	MIND's PEG is ranked higher than 95% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 1.20 vs. MIND: 0.73 )	MIND' s 10-Year PEG Range Min: 0.13   Max: 19.4 Current: 0.73 0.13 19.4
Shiller P/E	15.44	MIND's Shiller P/E is ranked higher than 87% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 12.55 vs. MIND: 15.44 )	MIND' s 10-Year Shiller P/E Range Min: 4.12   Max: 89.43 Current: 15.44 4.12 89.43

Valuation & Return

		vs industry	vs history
Price/Net Cash	190.2	MIND's Price/Net Cash is ranked higher than 99% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 28.50 vs. MIND: 190.2 )	MIND' s 10-Year Price/Net Cash Range Min: 3.5   Max: 185.3 Current: 190.2 3.5 185.3
Price/Net Current Asset Value	9.1	MIND's Price/Net Current Asset Value is ranked higher than 84% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 8.00 vs. MIND: 9.1 )	MIND' s 10-Year Price/Net Current Asset Value Range Min: 3.1   Max: 31.9 Current: 9.1 3.1 31.9
Price/Tangible Book	1.2	MIND's Price/Tangible Book is ranked higher than 64% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 1.80 vs. MIND: 1.2 )	MIND' s 10-Year Price/Tangible Book Range Min: 0.4   Max: 5.9 Current: 1.2 0.4 5.9
Price/DCF (Projected)	1.3	MIND's Price/DCF (Projected) is ranked higher than 94% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 1.05 vs. MIND: 1.3 )	MIND' s 10-Year Price/DCF (Projected) Range Min: 1.1   Max: 17.1 Current: 1.3 1.1 17.1
Price/Median PS Value	1	MIND's Price/Median PS Value is ranked higher than 68% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 1.00 vs. MIND: 1 )	MIND' s 10-Year Price/Median PS Value Range Min: 0.3   Max: 4 Current: 1 0.3 4
Price/Peter Lynch Fair Value	0.7	MIND's Price/Peter Lynch Fair Value is ranked higher than 98% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 0.75 vs. MIND: 0.7 )	MIND' s 10-Year Price/Peter Lynch Fair Value Range Min: 0.2   Max: 13.7 Current: 0.7 0.2 13.7
Price/Graham Number	0.8	MIND's Price/Graham Number is ranked lower than 76% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 0.90 vs. MIND: 0.8 )	MIND' s 10-Year Price/Graham Number Range Min: 0.3   Max: 2.5 Current: 0.8 0.3 2.5
Earnings Yield (Greenblatt)	7.60	MIND's Earnings Yield (Greenblatt) is ranked higher than 93% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 6.65 vs. MIND: 7.60 )	MIND' s 10-Year Earnings Yield (Greenblatt) Range Min: 0.1   Max: 46 Current: 7.6 0.1 46
Forward Rate of Return (Yacktman)	20.08	MIND's Forward Rate of Return (Yacktman) is ranked higher than 91% of the 135 Companies in the Global Rental & Leasing Services industry. ( Industry Median: 2.41 vs. MIND: 20.08 )	MIND' s 10-Year Forward Rate of Return (Yacktman) Range Min: -14.4   Max: 31.9 Current: 20.08 -14.4 31.9

Business Description

Mitcham Industries, Inc., a Texas corporation, was incorporated in 1987. The Company lease and sell geophysical and other equipment used by seismic data acquisition contractors to perform seismic data acquisition surveys on land, in transition zones and deep water marine areas. The Company conducts its business on a worldwide basis. 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 throughout the world. It conducts its leasing business through MII, its wholly-owned subsidiaries and its branches in Colombia and Peru. It also sells new and used seismic equipment from time to time. The subsidiaries that conduct its leasing business are Mitcham Canada ULC, Seismic Asia Pacific Pty Ltd., Mitcham Seismic Eurasia LLC, and Absolute Equipment Solutions, Inc.. Its manufacturing segment is engaged in the design, production and sale of marine seismic equipment. The operations of this segment are conducted through wholly-owned subsidiaries, Seamap (UK) Ltd and Seamap Pte. Its equipment is utilized in a variety of geographic regions throughout the world, which are described under "Customers, Sales, Backlog and Marketing." It 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 majority of its seismic equipment lease pool is provided by the Sercel subsidiaries of Compagnie Generale de Geophysique-Veritas. The Company leases its equipment on a short-term basis, for two to six months, to seismic contractors who need additional capacity to complete a seismic survey. The Company's major competitors are the major seismic equipment manufacturers who sell equipment on financed terms and seismic contractors. The Company is subject to stringent governmental laws and regulations pertaining to protection of the environment and the manner in which chemicals and materials used in its manufacturing processes are handled and wastes generated from such operations are disposed.
Company Website
SEC Reports

Industry:	Rental & Leasing Services
Compare:	BOX, TAL, HTZ, URI, AYR
Traded in other countries:	MI7.Germany

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