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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, MIND Technology's Enterprise Value is $20.26 Mil.
MIND Technology's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2026 was $-3.46 Mil. Therefore, MIND Technology's EV-to-OCF for today is -5.86.
The historical rank and industry rank for MIND Technology's EV-to-OCF or its related term are showing as below:
MIND'
s EV-to-OCF Range Over the Past 10 Years
Min: -63.62 Med: -6.28 Max: 116.37
Current: -5.86
During the past 13 years, the highest EV-to-OCF of MIND Technology was 116.37. The lowest was -63.62. And the median was -6.28.
MIND's EV-to-OCF is ranked better than 74.3% of 2490
companies
in the Hardware industry
Industry Median: 7.975
vs MIND: -5.86
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
MIND Technology's PE Ratio (TTM) for today is calculated as:
MIND Technology's share price for today is $3.87.
MIND Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.260.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
MIND Technology EV-to-OCF Related Terms
MIND Technology EV-to-OCF Historical Data
* Premium members only.
The historical data trend for MIND Technology's EV-to-OCF 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.
For the Scientific & Technical Instruments subindustry, MIND Technology's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Hardware Industry
For the Hardware industry and Technology sector, MIND Technology's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where MIND Technology's EV-to-OCF falls into.
MIND Technology's current Enterprise Value is $20.26 Mil.
MIND Technology's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.46 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.
MIND Technology (MIND) has a EV-to-OCF of -5.86 as of Sep. 09, 2026. According to the industry distribution chart, MIND Technology ranks #640 out of 2490 companies in the Hardware industry, placing it in the top 25.7%.
Is MIND Technology's EV-to-OCF too high?
MIND Technology's current EV-to-OCF is -5.86. Based on the distribution chart, MIND Technology ranks #640 out of 2490 companies in the Hardware industry, which is above the industry midpoint. 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 EV-to-OCF compare to AATC and ACFN?
According to the Hardware industry distribution chart, MIND Technology ranks #640 out of 2490 companies for EV-to-OCF. This puts MIND Technology in the upper half of its industry. The industry median EV-to-OCF is 7.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Hardware company?
The median EV-to-OCF among Hardware companies is 7.98, based on 2,490 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median EV-to-OCF is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIND Technology's current EV-to-OCF is -5.86. 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 (MIND) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.34, compared to a current price of $3.87 — trading 188.8% above its estimated fair value. The current EV-to-OCF is -5.86. 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 EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For MIND Technology (MIND), the current EV-to-OCF is -5.86 as of Sep. 09, 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 (MIND) Overvalued in 2026?
Based on GuruFocus' analysis, MIND Technology stock appears to be overvalued.
The current stock price of $3.87 is trading 188.8% above its estimated GF Value™ of $1.34.
GuruFocus considers MIND Technology to be Significantly Overvalued.
Key valuation signals for MIND:
EV-to-OCF: -5.86
GF Value™: $1.34 vs. price of $3.87 (188.8% above fair value)
No single metric tells the full story. See the MIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 MIND
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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