Mind Technology (MIND) FCF Payout Ratio (2016 - 2024)

Mind Technology (MIND) reported FCF Payout Ratio of 1.67 for Q1 2024, up 55.67% quarter-over-quarter from 1.07 in Q3 2022.

Mind Technology (MIND) FCF Payout Ratio (2016 - 2024) Analysis & Trends

Mind Technology (MIND) has 8 years of FCF Payout Ratio data on file, last reported at 1.67 in Q1 2024.

  • FCF Payout Ratio for Q1 2024 came in at 1.67, changed N/A year-over-year; the trailing twelve-month figure through Jan 2024 was 0.18 (up 66.98% YoY), and the FY2024 annual result was 0.18, up 66.98% from the prior year.
  • FCF Payout Ratio rose to 1.67 in Q1 2024 per MIND's latest filing, from 1.07 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 1.67 in Q1 2024 and troughed at 0.35 in Q1 2021.
  • A 4-year average of 0.15 and a median of 0.15 in 2020 frame the typical range for FCF Payout Ratio.
  • The sharpest annual moves came in 2021 and 2022: FCF Payout Ratio slumped 131.63% in 2021, then soared 907.11% in 2022.
  • 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.
  • Business Quant data shows MIND's FCF Payout Ratio at 1.67 in Q1 2024, 1.07 in Q3 2022, and 0.26 in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn -
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn -
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 0.37
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn -
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 0.61
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 0.09
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn -
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 0.34
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 0.04
10 Mind Technology 48.89 Mn 29.79 Mn 3.99 Mn -

Historic Data

Download Data
DateValue
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 2.33
Oct 31, 2018 3.14
Jul 31, 2018 -0.08
Apr 30, 2018 -0.11
Jan 31, 2018 -0.19
Oct 31, 2017 -0.12