Mind Technology Inc (MIND) Peer Comparison

$4.33

$-0.12 (-2.59%)

As on 28-Aug-2026 10:14EDT

Market cap

$41 Mln

Revenue (TTM)

$43 Mln

P/E Ratio

28.3

P/B Ratio

1

Div. Yield

0 %

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	Mind Technology Inc (MIND)	Perma-Pipe International Holdings (PPIH)	FuelCell Energy (FCEL)	Ocean Power Technologies (OPTT)
Market cap ($ Mln)	41	224	1,562	51
Revenue ($ Mln)	43	214	168	5
Net Profit ($ Mln)	1.31	13.89	-222.81	-52.68
Net Margin (%)	3.06	6.47	-132.72	-1,085.98
RoE (%)	3.21	11.67	-30.55	-342.26
Price to Earnings	28.31	15.78	--	--
Price-To-Book	0.99	2.37	2.04	4.98

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement ($ Mln)

	Mind Technology Inc (MIND)	Perma-Pipe International Holdings (PPIH)	FuelCell Energy (FCEL)	Ocean Power Technologies (OPTT)
Operating Revenue	40.95	210.93	158.16	4.08
Cost of Revenue	23.16	141.44	184.57	12.21
Gross Profit	17.79	69.49	-26.41	-8.14
Operating Expenses	14.93	40.04	94.82	31.68
Operating Profit (EBIT)	2.86	29.45	-121.23	-39.81
Other Income	--	--	--	--
Profit before Tax	2.90	27.49	-191.24	-43.68
Provision for Tax	2.15	6.84	0.14	-1.03
Profit after Tax (Net Income)	0.75	17.04	-187.90	-43.68
Minority Interest	--	--	--	--
Consolidated Profit	--	--	--	--

Liabilities ($ Mln)

	Mind Technology Inc (MIND)	Perma-Pipe International Holdings (PPIH)	FuelCell Energy (FCEL)	Ocean Power Technologies (OPTT)
Shareholder's Funds	41.42	90.64	722.04	10.70
Minority Interest	--	--	--	--
Non-Current Liabilities	0.41	31.40	133.17	3.12
Current Liabilities	7.44	79.79	67.84	27.46
Total Liabilities	49.27	217.49	932.15	41.28

Assets ($ Mln)

	Mind Technology Inc (MIND)	Perma-Pipe International Holdings (PPIH)	FuelCell Energy (FCEL)	Ocean Power Technologies (OPTT)
Non-Current Assets	4.38	70.75	482.34	30.00
Current Assets	44.88	146.73	449.81	16.40
Total Assets	49.27	217.49	932.15	41.28
Total Debt*	1.09	46.86	143.96	11.26
Net Current Assets	37.44	66.95	381.97	10.33

Cashflow ($ Mln)

	Mind Technology Inc (MIND)	Perma-Pipe International Holdings (PPIH)	FuelCell Energy (FCEL)	Ocean Power Technologies (OPTT)
Cash From Operating Activities	2.59	9.17	-125.29	-22.71
Cash Flow from Investing Activities	-0.66	-10.42	88.86	-4.01
Cash from Financing Activities	11.79	6.59	169.26	28.72
Net Cash Inflow / Outflow	--	--	--	--

Ratios

Profitability Ratios

	Mind Technology Inc (MIND)	Perma-Pipe International Holdings (PPIH)	FuelCell Energy (FCEL)	Ocean Power Technologies (OPTT)
ROCE (%)	2.11	14.03	-21.61	-173.33
ROE (%)	2.18	20.93	-26.12	-233.91
ROA (%)	1.74	8.90	-20.03	-121.22
EBIT Margin (%)	--	--	--	--
Net Margin (%)	1.83	8.08	-118.80	-1,071.66
Cash Profit Margin (%)	--	--	--	--

Growth Ratios

	Mind Technology Inc (MIND)	Perma-Pipe International Holdings (PPIH)	FuelCell Energy (FCEL)	Ocean Power Technologies (OPTT)
Revenue Growth (%)	-0.13	0.33	0.41	-0.30
EBIT Growth (%)	--	--	--	--
Net Profit Growth (%)	-85.22	89.64	-49.12	-103.06
EPS Growth (%)	--	--	--	--
Book Value Growth (%)	--	--	--	--

Valuation Ratios

	Mind Technology Inc (MIND)	Perma-Pipe International Holdings (PPIH)	FuelCell Energy (FCEL)	Ocean Power Technologies (OPTT)
Price / Earnings	--	--	--	--
Price / Book Value	--	--	--	--
Dividend Yield (%)	--	--	--	--
EV/EBITDA	-4.76	0.82	0.96	-0.07
Market Cap ($ Cr)	--	--	--	--

Solvency Ratios

	Mind Technology Inc (MIND)	Perma-Pipe International Holdings (PPIH)	FuelCell Energy (FCEL)	Ocean Power Technologies (OPTT)
Debt to Equity	0.03	0.52	0.20	1.05
Short term debt to equity ratio	0.02	0.24	0.02	0.97
Current Ratio	6.03	1.84	6.63	0.60
Quick Ratio	4.53	1.61	5.36	0.46
Interest Coverage	--	13.97	-17.43	-14.33

Operating Efficiency Ratios

	Mind Technology Inc (MIND)	Perma-Pipe International Holdings (PPIH)	FuelCell Energy (FCEL)	Ocean Power Technologies (OPTT)
Debtors to sales (%)	30.70	47.17	33.51	14.40
Asset Turnover	0.95	1.10	0.17	0.11
Receivable days	108.77	142.43	117.32	128.41
Inventory Days	196.34	44.85	197.79	121.23
Payable days	29.75	62.28	39.18	73.79
Cash Conversion Cycle	275.36	125.01	275.94	175.85

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Annual
Quarterly