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
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 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