MIND Technology (FRA:MI70) EBIT: €3.03 Mil (TTM As of Apr. 2026)


FRA:MI70 MIND Technology Inc FRA:MI70
44 GF Score
Price €4.20
GF Value €1.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is MIND Technology EBIT?

MIND Technology FRA:MI70 44 EBIT is €3.03 Mil as of Apr. 2026. GuruFocus rates FRA:MI70 with a GF Score™ of 44/100 and a GF Value™ of €1.19 (Significantly Overvalued). The stock has 4 warning signs investors should review.

MIND Technology's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was €0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was €3.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MIND Technology's annualized ROC % for the quarter that ended in Apr. 2026 was 0.00%. MIND Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 0.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MIND Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 12.02%.


MIND Technology  (FRA:MI70) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

MIND Technology's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=0.048 * ( 1 - 100% )/( (21.061 + 22.466)/ 2 )
=0/21.7635
=0.00 %

where

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

MIND Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.048/( ( (1.98 + max(16.234, 0)) + (1.801 + max(17.747, 0)) )/ 2 )
=0.048/( ( 18.214 + 19.548 )/ 2 )
=0.048/18.881
=0.25 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.697 + 9.489 + 1.798) - (4.652 + 1.099 + -0.0010000000000003)
=16.234

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.12 + 9.385 + 1.363) - (5.84 + 1.282 + -0.0010000000000003)
=17.747

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

MIND Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=3.026/25.181
=12.02 %

* 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 EBIT Related Terms


MIND Technology EBIT Historical Data

* Premium members only.

The historical data trend for MIND Technology's EBIT 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 EBIT Chart

MIND Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.86 -5.24 0.48 6.59 2.43

MIND Technology Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBIT 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 -0.59 2.28 0.67 0.07 0.01

FRA:MI70 vs WRAP, LGL, ODYS: EBIT Comparison

For the Scientific & Technical Instruments subindustry, MIND Technology's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MIND Technology EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, MIND Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MIND Technology's EV-to-EBIT falls into.


FRA:MI70
44GF Score
MIND Technology Inc FRA:MI70
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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MIND Technology EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3.03 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €3.03 Mil mean?
MIND Technology (FRA:MI70) has a EBIT of €3.03 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on MIND Technology.
Is MIND Technology's EBIT too high?
MIND Technology's current EBIT is €3.03 Mil. Overall, MIND Technology has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIND Technology's EBIT compare to WRAP and LGL?
MIND Technology's EBIT of €3.03 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 EBIT for a Hardware company?
A good EBIT depends on the Hardware industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on MIND Technology. MIND Technology's current EBIT is €3.03 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 €1.19, compared to a current price of €4.20 — trading 252.9% above its estimated fair value. The current EBIT is €3.03 Mil. MIND Technology's overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For MIND Technology (FRA:MI70), the current EBIT is €3.03 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 €4.20 is trading 252.9% above its estimated GF Value™ of €1.19. GuruFocus considers MIND Technology to be Significantly Overvalued.

Key valuation signals for FRA:MI70:

  • EBIT: €3.03 Mil
  • GF Value™: €1.19 vs. price of €4.20 (252.9% above fair value)
  • GF Score™: 44/100 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.
44GF Score

Get the complete analysis for FRA:MI70

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

€4.20
Price
€1.19
GF Value