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| 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 | 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 |