EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, MIND Technology's Enterprise Value is $27.79 Mil.
MIND Technology's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $-3.30 Mil. Therefore, MIND Technology's EV-to-FCF for today is -8.42.
The historical rank and industry rank for MIND Technology's EV-to-FCF or its related term are showing as below:
MIND'
s EV-to-FCF Range Over the Past 10 Years
Min: -77.27 Med: -4.93 Max: 353.99
Current: -8.42
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 -4.93.
MIND's EV-to-FCF is ranked worse than 100% of 1327
companies
in the Hardware industry
Industry Median: 24.06
vs MIND: -8.42
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.
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:
MIND Technology's share price for today is $4.90.
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 $0.170.
* 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.
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.
MIND Technology's current Enterprise Value is $27.79 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 $-3.30 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-FCF of -8.42 as of Jun. 24, 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 1327 companies in the Hardware industry.
Is MIND Technology's EV-to-FCF too high?
MIND Technology's current EV-to-FCF is -8.42. Based on the distribution chart, MIND Technology ranks #999999 out of 1327 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, MIND Technology has a GF Score™ of 50/100 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 WRAP and LGL?
According to the Hardware industry distribution chart, MIND Technology ranks #999999 out of 1327 companies for EV-to-FCF. This places MIND Technology in the lower half of its industry. The industry median EV-to-FCF is 24.06. 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 24.06, based on 1,327 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 24.06 — 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 -8.42. 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 $1.41, compared to a current price of $4.90 — trading 247.5% above its estimated fair value. The current EV-to-FCF is -8.42. MIND Technology's overall GF Score™ is 50/100 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 (MIND), the current EV-to-FCF is -8.42 as of Jun. 24, 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 $4.90 is trading 247.5% above its estimated GF Value™ of $1.41.
GuruFocus considers MIND Technology to be Significantly Overvalued.
Key valuation signals for MIND:
EV-to-FCF: -8.42
GF Value™: $1.41 vs. price of $4.90 (247.5% 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.
50GF Score
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