MIND Technology (FRA:MI70) Construction In Progress: €0.00 Mil (As of Apr. 2026)


FRA:MI70 MIND Technology Inc FRA:MI70
45 GF Score
Price €4.08
GF Value €1.18
Valuation Significantly Overvalued
! 4 Warning Signs
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What is MIND Technology Construction In Progress?

MIND Technology FRA:MI70 -0.49% 45 Construction In Progress is €0.00 Mil as of Apr. 2026. GuruFocus rates FRA:MI70 with a GF Score™ of 45/100 and a GF Value™ of €1.18 (Significantly Overvalued). The stock has 4 warning signs investors should review.


MIND Technology Construction In Progress Historical Data

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The historical data trend for MIND Technology's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MIND Technology Construction In Progress Chart

MIND Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Construction In Progress
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MIND Technology Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
FRA:MI70
45GF Score
MIND Technology Inc FRA:MI70
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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MIND Technology Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of €0.00 Mil mean?
MIND Technology (FRA:MI70) has a Construction In Progress of €0.00 Mil as of Apr. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on MIND Technology and its competitors.
Is MIND Technology's Construction In Progress too high?
MIND Technology's current Construction In Progress is €0.00 Mil. Overall, MIND Technology has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIND Technology's Construction In Progress compare to LGL and ACFN?
MIND Technology's Construction In Progress of €0.00 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Hardware company?
A good Construction In Progress depends on the Hardware industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on MIND Technology and its competitors. MIND Technology's current Construction In Progress is €0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIND Technology stock overvalued right now?
Based on GuruFocus' analysis, MIND Technology (FRA:MI70) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.18, compared to a current price of €4.08 — trading 245.8% above its estimated fair value. The current Construction In Progress is €0.00 Mil. MIND Technology's overall GF Score™ is 45/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For MIND Technology (FRA:MI70), the current Construction In Progress is €0.00 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MIND Technology (FRA:MI70) Overvalued in 2026?

Based on GuruFocus' analysis, MIND Technology stock appears to be overvalued. The current stock price of €4.08 is trading 245.8% above its estimated GF Value™ of €1.18. GuruFocus considers MIND Technology to be Significantly Overvalued.

Key valuation signals for FRA:MI70:

  • Construction In Progress: €0.00 Mil
  • GF Value™: €1.18 vs. price of €4.08 (245.8% above fair value)
  • GF Score™: 45/100 with 4 warning signs

No single metric tells the full story. See the FRA:MI70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MIND Technology Business Description

Other Exchanges MIND:USA
Address 2002 Timberloch Place, Suite 550, The Woodlands, TX, USA, 77380
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The company operates in single segment namely, Seamap which provides services and products, including engineering, repairs and software licensing, utilized in marine exploration, marine survey and maritime security for marine survey companies, seismic survey contractors, research institutes, non-military government organizations and operators of port facilities and other offshore installations. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; China, Norway; Turkey; Singapore; and Canada & Other.
45GF Score

Get the complete analysis for FRA:MI70

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.08
Price
€1.18
GF Value