Mitcham Industries Stock Price and Value Analysis

Should you buy Mitcham Industries stock? (NasdaqGS:MIND). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantagesNeutral
  • This stock is available at a great discount!
  • This company is solid.
  • This company has wild ups and downs.
  • This company is making money at a modest rate.
  • This company pays no dividend.

Inside the MIND Numbers

MIND Price
(Mitcham Industries stock price per share)
$2.05
[?] MIND Fair Price
(based on intrinsic value)
$25.41
[?] MIND Safety Price (based on a variable margin of safety) $16.52
[?] PE Ratio versus Sector 187% higher than other Technology stocks
[?] PE Ratio versus Industry 55% higher than other Scientific & Technical Instruments stocks
[?] Cash Yield 149.81%
[?] Free Cash Flow Jitter 68%

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 8,699 shares shorted. With 12,142,380 shares available for purchase and an average trading volume over the past 10 trading days of 134,071, it would take at least 0.065 days for all of the short holders to cover their shorts.

Is Mitcham Industries Stock on Sale?

We believe that Mitcham Industries may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Even better, Mitcham Industries looks like a stock on sale. Based on our analysis—if the company keeps making money the way it has been—you may be looking at a bargain. Keep this stock in mind as you put together your portfolio! See Before You Buy for your next steps (and read our disclaimer about investing risk).

Should You Buy MIND Stock?

Does Mitcham Industries have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.