Mind Technology (MIND) FCF Payout Ratio (2016 - 2024)
Mind Technology (MIND) posted quarterly FCF Payout Ratio of 1.67 for Q1 2024, up 55.67% sequentially from 1.07 in Q3 2022.
Mind Technology (MIND) FCF Payout Ratio (2016 - 2024) Analysis & Trends
Mind Technology has disclosed FCF Payout Ratio across 8 years of filings, most recently posting 1.67 for Q1 2024.
- In Q1 2024, FCF Payout Ratio changed N/A year-over-year to 1.67; the TTM figure through Jan 2024 stood at 0.18 (up 66.98% YoY), while the FY2024 annual figure was 0.18, up 66.98% from the prior year.
- FCF Payout Ratio advanced to 1.67 in Q1 2024, from 1.07 in the prior quarter.
- Over the last five years, FCF Payout Ratio for MIND reached as high as 1.67 in Q1 2024 and fell as low as 0.35 in Q1 2021.
- The 4-year median for FCF Payout Ratio is 0.15 (2020), against an average of 0.15.
- Annual changes were most pronounced in 2020 — FCF Payout Ratio sank 267.8% — and 2022, when it soared 907.11%.
- A 4-year view of FCF Payout Ratio shows it stood at 0.15 in 2020, then declined by 9.4% to 0.16 in 2021, then soared by 755.24% to 1.07 in 2022, then jumped by 55.67% to 1.67 in 2024.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 1.67, 1.07, and 0.26 for Q1 2024, Q3 2022, and Q2 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | - |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | - |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | - |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | - |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 0.09 |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | - |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 0.34 |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 0.17 |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 0.37 |
| 10 | Mind Technology | 42.95 Mn | 25.25 Mn | 4.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2024 | 1.67 |
| Jul 31, 2022 | 1.07 |
| Apr 30, 2022 | -0.26 |
| Jan 31, 2022 | -0.12 |
| Oct 31, 2021 | -0.16 |
| Jul 31, 2021 | -0.13 |
| Apr 30, 2021 | -0.20 |
| Jan 31, 2021 | -0.35 |
| Jul 31, 2020 | -0.15 |
| Apr 30, 2020 | 0.65 |
| Jan 31, 2020 | -0.33 |
| Oct 31, 2019 | -0.49 |
| Jul 31, 2019 | -0.27 |
| Apr 30, 2019 | -0.21 |
| Jan 31, 2019 | 0.19 |
| Oct 31, 2018 | -0.19 |
| Jul 31, 2018 | -0.15 |
| Apr 30, 2018 | -0.11 |
| Jan 31, 2018 | -0.15 |
| Oct 31, 2017 | -0.13 |