Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MIND Technology's share price for the quarter that ended in Apr. 2026 was €5.2. MIND Technology's Shares Outstanding (EOP) for the quarter that ended in Apr. 2026 was 9.09 Mil. Therefore, MIND Technology's market cap for the quarter that ended in Apr. 2026 was €47.26 Mil.
MIND Technology's quarterly market cap
declined
from Oct. 2025 (€80.32 Mil) to Jan. 2026 (€69.08 Mil) and
declined
from Jan. 2026 (€69.08 Mil) to Apr. 2026 (€47.26 Mil).
MIND Technology's annual market cap
increased
from Jan. 2024 (€5.85 Mil) to Jan. 2025 (€74.51 Mil) but then
declined
from Jan. 2025 (€74.51 Mil) to Jan. 2026 (€69.08 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MIND Technology's Enterprise Value for Today is €23.49 Mil.
MIND Technology (FRA:MI70) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
MIND Technology Market Cap Related Terms
MIND Technology Market Cap Historical Data
* Premium members only.
The historical data trend for MIND Technology's Market Cap 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.
FRA:MI70 vs LGL, ACFN, TRCK: Market Cap Comparison
For the Scientific & Technical Instruments subindustry, MIND Technology's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, MIND Technology's Market Cap distribution charts can be found below:
* The bar in red indicates where MIND Technology's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
MIND Technology's Market Cap for the fiscal year that ended in Jan. 2026 is calculated as
* 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 (FRA:MI70) has a Market Cap of €38.19 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on MIND Technology and its competitors. According to the industry distribution chart, MIND Technology ranks #1873 out of 2519 companies in the Hardware industry, placing it in the top 74.4%.
Is MIND Technology's Market Cap too high?
MIND Technology's current Market Cap is €38.19 Mil. Based on the distribution chart, MIND Technology ranks #1873 out of 2519 companies in the Hardware industry, which is below 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 Market Cap compare to LGL and ACFN?
According to the Hardware industry distribution chart, MIND Technology ranks #1873 out of 2519 companies for Market Cap. This places MIND Technology in the lower half of its industry. The industry median Market Cap is 210.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Hardware company?
The median Market Cap among Hardware companies is 210.35, based on 2,519 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on MIND Technology and its competitors. For the Hardware industry, the median Market Cap is 210.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIND Technology's current Market Cap is €38.19 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 €4.04 — trading 242.4% above its estimated fair value. The current Market Cap is €38.19 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For MIND Technology (FRA:MI70), the current Market Cap is €38.19 Mil as of Jul. 02, 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 €4.04 is trading 242.4% above its estimated GF Value™ of €1.18.
GuruFocus considers MIND Technology to be Significantly Overvalued.
Key valuation signals for FRA:MI70:
Market Cap: €38.19 Mil
GF Value™: €1.18 vs. price of €4.04 (242.4% above fair value)
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 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
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