MIND Technology (FRA:MI70) EV-to-FCF: -10.44 (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:MI70 MIND Technology Inc FRA:MI70
46 GF Score
Price €4.70
GF Value €1.14
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is MIND Technology EV-to-FCF?

MIND Technology FRA:MI70 +3.52% 46 EV-to-FCF is -10.44 as of Jul. 15, 2026. GuruFocus rates FRA:MI70 with a GF Score™ of 46/100 and a GF Value™ of €1.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,334 Hardware companies, MIND Technology ranks worse than 74962.44% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, MIND Technology's Enterprise Value is €29.43 Mil. MIND Technology's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was €-2.82 Mil. Therefore, MIND Technology's EV-to-FCF for today is -10.44.

The historical rank and industry rank for MIND Technology's EV-to-FCF or its related term are showing as below:

FRA:MI70' s EV-to-FCF Range Over the Past 10 Years
Min: -77.27   Med: -4.95   Max: 353.99
Current: -10.15

During the past 13 years, the highest EV-to-FCF of MIND Technology was 353.99. The lowest was -77.27. And the median was -4.95.

FRA:MI70's EV-to-FCF is ranked worse than
100% of 1334 companies
in the Hardware industry
Industry Median: 22.91 vs FRA:MI70: -10.15

EV-to-FCF 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.

As of today (2026-07-15), MIND Technology's stock price is €4.70. MIND Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was €0.146. Therefore, MIND Technology's PE Ratio (TTM) for today is 32.19.


MIND Technology  (FRA:MI70) EV-to-FCF Explanation

EV-to-FCF 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:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.70/0.146
=32.19

MIND Technology's share price for today is €4.70.
MIND Technology's Earnings per Share (Diluted) 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 €0.146.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


MIND Technology EV-to-FCF Related Terms


MIND Technology EV-to-FCF Historical Data

* Premium members only.

The historical data trend for MIND Technology's EV-to-FCF 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 EV-to-FCF Chart

MIND Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.98 -13.70 -8.04 326.43 32.02

MIND Technology Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-FCF 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 5.14 10.44 15.74 32.02 -12.02

FRA:MI70 vs LGL, ACFN, TRCK: EV-to-FCF Comparison

For the Scientific & Technical Instruments subindustry, MIND Technology's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Hardware Industry

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

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


FRA:MI70
46GF Score
MIND Technology Inc FRA:MI70
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MIND Technology EV-to-FCF Calculation

MIND Technology's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=29.431/-2.818
=-10.44

MIND Technology's current Enterprise Value is €29.43 Mil.
MIND Technology's Free Cash Flow 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 €-2.82 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 EV-to-FCF →
What does a EV-to-FCF of -10.44 mean?
MIND Technology (FRA:MI70) has a EV-to-FCF of -10.44 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on MIND Technology and its competitors. According to the industry distribution chart, MIND Technology ranks #999999 out of 1334 companies in the Hardware industry.
Is MIND Technology's EV-to-FCF too high?
MIND Technology's current EV-to-FCF is -10.44. Based on the distribution chart, MIND Technology ranks #999999 out of 1334 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, MIND Technology has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIND Technology's EV-to-FCF compare to LGL and ACFN?
According to the Hardware industry distribution chart, MIND Technology ranks #999999 out of 1334 companies for EV-to-FCF. This places MIND Technology in the lower half of its industry. The industry median EV-to-FCF is 22.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Hardware company?
The median EV-to-FCF among Hardware companies is 22.91, based on 1,334 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on MIND Technology and its competitors. For the Hardware industry, the median EV-to-FCF is 22.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIND Technology's current EV-to-FCF is -10.44. 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 €1.14, compared to a current price of €4.70 — trading 312.3% above its estimated fair value. The current EV-to-FCF is -10.44. MIND Technology's overall GF Score™ is 46/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For MIND Technology (FRA:MI70), the current EV-to-FCF is -10.44 as of Jul. 15, 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 €4.70 is trading 312.3% above its estimated GF Value™ of €1.14. GuruFocus considers MIND Technology to be Significantly Overvalued.

Key valuation signals for FRA:MI70:

  • EV-to-FCF: -10.44
  • GF Value™: €1.14 vs. price of €4.70 (312.3% above fair value)
  • GF Score™: 46/100 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.
46GF Score

Get the complete analysis for FRA:MI70

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

€4.70
Price
€1.14
GF Value