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MINDBODY

Nasdaq:MB
Snowflake Description

Adequate balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MB
Nasdaq
$2B
Market Cap
  1. Home
  2. US
  3. Software
Company description

MINDBODY, Inc. operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. The last earnings update was 104 days ago. More info.


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  • MINDBODY has significant price volatility in the past 3 months.
MB Share Price and Events
7 Day Returns
-0.1%
NasdaqGM:MB
2.3%
US Software
2.3%
US Market
1 Year Returns
9.3%
NasdaqGM:MB
22.7%
US Software
0.9%
US Market
MB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MINDBODY (MB) -0.1% -0.2% 42% 9.3% 207.4% -
US Software 2.3% 5.5% 15.7% 22.7% 110.4% 124.9%
US Market 2.3% 4.2% 5.6% 0.9% 43.6% 40.9%
1 Year Return vs Industry and Market
  • MB underperformed the Software industry which returned 22.7% over the past year.
  • MB outperformed the Market in United States of America which returned 0.9% over the past year.
Price Volatility
MB
Industry
5yr Volatility vs Market
Related Companies

MB Value

 Is MINDBODY undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of MINDBODY to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our calculation method for this is changing soon.

Below are the data sources, inputs and calculation used to determine the intrinsic value for MINDBODY.

NasdaqGM:MB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGM:MB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Software Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.117 (1 + (1- 21%) (14.25%))
1.242
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.24
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.242 * 7.27%)
11.76%

Discounted Cash Flow Calculation for NasdaqGM:MB using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for MINDBODY is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGM:MB DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 2.30 26.92 31.77 37.17 43.11
Source Analyst x3 Analyst x3 Est @ 18%, capped from 28.79% Est @ 17%, capped from 28.79% Est @ 16%, capped from 28.79%
Present Value
Discounted (@ 11.76%)
2.06 21.55 22.76 23.82 24.73
Present value of next 5 years cash flows $94.92
NasdaqGM:MB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $43.11 × (1 + 2.73%) ÷ (11.76% – 2.73%)
$490.43
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $490.43 ÷ (1 + 11.76%)5
$281.28
NasdaqGM:MB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $94.92 + $281.28
$376.19
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $376.19 / 48.02
$7.83
NasdaqGM:MB Discount to Share Price
Calculation Result
Value per share (USD) From above. $7.83
Current discount Discount to share price of $36.46
= -1 x ($36.46 - $7.83) / $7.83
-365.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of MINDBODY is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MINDBODY's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MINDBODY's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:MB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.82
NasdaqGM:MB Share Price ** NasdaqGM (2019-02-14) in USD $36.46
United States of America Software Industry PE Ratio Median Figure of 77 Publicly-Listed Software Companies 49.13x
United States of America Market PE Ratio Median Figure of 3,044 Publicly-Listed Companies 17.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MINDBODY.

NasdaqGM:MB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:MB Share Price ÷ EPS (both in USD)

= 36.46 ÷ -0.82

-44.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MINDBODY is loss making, we can't compare its value to the US Software industry average.
  • MINDBODY is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does MINDBODY's expected growth come at a high price?
Raw Data
NasdaqGM:MB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -44.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
9.6%per year
United States of America Software Industry PEG Ratio Median Figure of 62 Publicly-Listed Software Companies 3.12x
United States of America Market PEG Ratio Median Figure of 2,118 Publicly-Listed Companies 1.41x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for MINDBODY, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MINDBODY's assets?
Raw Data
NasdaqGM:MB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $5.86
NasdaqGM:MB Share Price * NasdaqGM (2019-02-14) in USD $36.46
United States of America Software Industry PB Ratio Median Figure of 218 Publicly-Listed Software Companies 5.65x
United States of America Market PB Ratio Median Figure of 5,132 Publicly-Listed Companies 1.85x
NasdaqGM:MB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:MB Share Price ÷ Book Value per Share (both in USD)

= 36.46 ÷ 5.86

6.22x

* Primary Listing of MINDBODY.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MINDBODY is overvalued based on assets compared to the US Software industry average.
X
Value checks
We assess MINDBODY's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. MINDBODY has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MB Future Performance

 How is MINDBODY expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MINDBODY expected to grow at an attractive rate?
  • Unable to compare MINDBODY's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare MINDBODY's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • MINDBODY's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:MB Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:MB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 9.6%
NasdaqGM:MB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 18.2%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 18.9%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 11.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:MB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:MB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 620 1
2022-12-31 528 1
2021-12-31 446 1
2020-12-31 356 32 -39 4
2019-12-31 298 16 -40 6
2018-12-31 245 -7 -49 6
NasdaqGM:MB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 229 -2 -39
2018-06-30 212 2 -25
2018-03-31 194 10 -13
2017-12-31 183 11 -15
2017-09-30 171 6 -16
2017-06-30 160 4 -18
2017-03-31 149 -0 -20
2016-12-31 139 -4 -23
2016-09-30 129 -9 -29
2016-06-30 120 -13 -33
2016-03-31 111 -15 -39
2015-12-31 101 -19 -44

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MINDBODY is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • MINDBODY's revenue is expected to grow by 18.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:MB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from MINDBODY Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:MB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 -0.69 -0.41 -0.93 3.00
2019-12-31 -0.80 -0.53 -1.06 4.00
2018-12-31 -1.04 -0.94 -1.10 4.00
NasdaqGM:MB Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.82
2018-06-30 -0.53
2018-03-31 -0.27
2017-12-31 -0.33
2017-09-30 -0.37
2017-06-30 -0.44
2017-03-31 -0.50
2016-12-31 -0.58
2016-09-30 -0.73
2016-06-30 -0.82
2016-03-31 -1.18
2015-12-31 -1.68

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • MINDBODY is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess MINDBODY's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MINDBODY has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MB Past Performance

  How has MINDBODY performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MINDBODY's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MINDBODY does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare MINDBODY's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare MINDBODY's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
MINDBODY's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MINDBODY Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:MB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 228.91 -38.70 135.17 57.68
2018-06-30 211.74 -25.09 124.89 47.70
2018-03-31 194.24 -12.57 113.73 38.95
2017-12-31 182.63 -14.79 109.30 35.81
2017-09-30 171.12 -15.85 102.89 33.98
2017-06-30 159.77 -18.12 96.56 32.76
2017-03-31 149.23 -20.29 91.23 31.55
2016-12-31 139.02 -22.98 86.96 30.32
2016-09-30 129.10 -28.79 84.74 29.60
2016-06-30 119.91 -32.52 82.44 27.87
2016-03-31 111.11 -39.22 80.13 25.75
2015-12-31 101.37 -44.20 75.73 23.06
2015-09-30 93.27 -49.54 68.88 20.34
2015-06-30 84.81 -51.27 62.47 18.74
2015-03-31 76.62 -46.81 54.91 17.30
2014-12-31 70.01 -45.92 49.34 16.17
2013-12-31 48.69 -44.14 31.61 10.52
2012-12-31 32.00 -18.54 19.85 3.74

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if MINDBODY has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if MINDBODY has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if MINDBODY improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess MINDBODY's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MINDBODY has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MB Health

 How is MINDBODY's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up MINDBODY's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MINDBODY is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MINDBODY's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MINDBODY's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MINDBODY Company Filings, last reported 4 months ago.

NasdaqGM:MB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 280.86 249.43 325.09
2018-06-30 287.38 246.18 325.80
2018-03-31 263.79 14.79 217.71
2017-12-31 251.94 14.93 232.02
2017-09-30 246.52 15.07 225.31
2017-06-30 243.54 15.20 223.79
2017-03-31 109.40 15.78 87.94
2016-12-31 101.66 15.45 85.86
2016-09-30 101.97 15.64 86.29
2016-06-30 99.19 15.75 87.91
2016-03-31 103.13 15.86 91.45
2015-12-31 105.78 15.96 93.41
2015-09-30 112.21 15.98 100.11
2015-06-30 119.64 16.08 106.85
2015-03-31 37.67 16.79 22.10
2014-12-31 42.71 15.50 34.68
2013-12-31 15.01 3.66 9.55
2012-12-31
  • MINDBODY's level of debt (88.8%) compared to net worth is high (greater than 40%).
  • Unable to establish if MINDBODY's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • MINDBODY has sufficient cash runway for more than 3 years based on current free cash flow.
  • MINDBODY has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -66% each year.
X
Financial health checks
We assess MINDBODY's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MINDBODY has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MB Dividends

 What is MINDBODY's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from MINDBODY dividends. Estimated to be 0% next year.
If you bought $2,000 of MINDBODY shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate MINDBODY's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MINDBODY's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:MB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2000 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:MB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
2018-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as MINDBODY has not reported any payouts.
  • Unable to verify if MINDBODY's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MINDBODY's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MINDBODY has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of MINDBODY's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess MINDBODY's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MINDBODY afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MINDBODY has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MB Management

 What is the CEO of MINDBODY's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rick Stollmeyer
COMPENSATION $4,107,109
AGE 52
TENURE AS CEO 14.3 years
CEO Bio

Mr. Richard Lee Stollmeyer, also known as Rick, Co-founded at MINDBODY, Inc. (known as Mindbody Software, Inc.) in 2000 and has been its Chief Executive Officer and Chairman since October 2004. Mr. Stollmeyer served as the President at MINDBODY, Inc. from October 2004 to June 19, 2017. As an advisor-turned-partner, Mr. Stollmeyer helped take MindBody Online from a home-based operation with 12 clients to a full-fledged software development company with over 1,000 clients in 21 countries. After Graduation, he served for six years as a Naval Submarine Officer. He drew upon his engineering and project management expertise to direct a variety of complex, technology-related task in equally-diverse industries - from project management in a commercial power plant to marketing services for contractors at a space launch facility in California. Mr. Stollmeyer graduated with a bachelor's degree in Political Science and Russian Language in 1987 at United States Naval Academy in Annapolis, Maryland, He earned his Bachelors of Science in International Relations & Engineering.

CEO Compensation
  • Rick's compensation has increased whilst company is loss making.
  • Rick's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the MINDBODY management team in years:

1.6
Average Tenure
51.5
Average Age
  • The average tenure for the MINDBODY management team is less than 2 years, this suggests a new team.
Management Team

Rick Stollmeyer

TITLE
Co-Founder
COMPENSATION
$4M
AGE
52
TENURE
14.3 yrs

Mike Mansbach

TITLE
President
COMPENSATION
$3M
AGE
50
TENURE
1.7 yrs

Brett White

TITLE
CFO & COO
COMPENSATION
$3M
AGE
55
TENURE
5.6 yrs

Kimberly Lytikainen

TITLE
Consultant
COMPENSATION
$2M
AGE
51
TENURE
0.1 yrs

Blake Beltram

TITLE
Co-Founder

Sunil Rajasekar

TITLE
Chief Technology Officer
TENURE
0.3 yrs

Nicole Gunderson

TITLE
Head of Investor Relations

Douglas Johnson

TITLE
VP & Deputy General Counsel
TENURE
0.1 yrs

Stephanie Moran

TITLE
Senior Vice President of Sales
TENURE
3.2 yrs

Josh Todd

TITLE
Chief Marketing Officer
TENURE
1.6 yrs
Board of Directors

Rick Stollmeyer

TITLE
Co-Founder
COMPENSATION
$4M
AGE
52
TENURE
14.3 yrs

Maneet Saroya

TITLE
Director

Nicolas Stahl

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
12. Feb 19 Buy Luxor Capital Group, LP Company 08. Feb 19 08. Feb 19 802,075 $36.52 $29,246,847
07. Feb 19 Buy Luxor Capital Group, LP Company 05. Feb 19 07. Feb 19 1,976,868 $36.52 $72,119,771
06. Nov 18 Sell Luxor Capital Group, LP Company 01. Nov 18 05. Nov 18 -283,932 $33.81 $-9,473,913
06. Nov 18 Buy Luxor Capital Group, LP Company 01. Nov 18 02. Nov 18 144,100 $33.61 $4,828,597
08. Nov 18 Sell Luxor Capital Group, LP Company 06. Nov 18 06. Nov 18 -39,800 $33.49 $-1,325,649
16. Aug 18 Buy Adam Miller Individual 14. Aug 18 14. Aug 18 3,000 $35.66 $106,989
02. Aug 18 Buy Luxor Capital Group, LP Company 01. Aug 18 01. Aug 18 65,019 $34.86 $2,266,237
05. Mar 18 Buy Luxor Capital Group, LP Company 01. Mar 18 05. Mar 18 147,189 $37.56 $5,381,321
X
Management checks
We assess MINDBODY's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MINDBODY has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MB News

Simply Wall St News

What Do MINDBODY Inc (NASDAQ:MB) Insiders Know That You Don't?

some insider buying over the past three months, with insiders investing in. … Generally, insiders buying more shares in their own firm sends a bullish signal. … A research published in The MIT Press (1998) concluded that stocks following insider buying outperformed the market by 4.5%

Simply Wall St -

Want To Invest In MINDBODY Inc (NASDAQ:MB)? Here's How It Performed Lately

Examining MINDBODY Inc's (NASDAQ:MB) past track record of performance is an insightful exercise for investors. … Today I will assess MB's latest performance announced on 31 March 2018 and compare these figures to its longer term trend and industry movements. … How MB fared against its long-term earnings performance and its industry

Simply Wall St -

MINDBODY Inc's (NASDAQ:MB) Shift From Loss To Profit

Many investors are wondering the rate at which MB will turn a profit, with the big question being “when will the company breakeven?” Below I will provide a high-level summary of the industry analysts’ expectations for MB. … NasdaqGM:MB Past Future Earnings Apr 3rd 18 I’m not going to go through company-specific developments for MB given that this is a high-level summary, however, keep in mind that by and large a high growth rate is not out of the ordinary, particularly when a company is in a period of investment. … For a more comprehensive look at MB, take a look at MB’s company page on Simply Wall St.

Simply Wall St -

Did MINDBODY Inc (NASDAQ:MB) Insiders Take Advantage Of Recent Price Volatility?

NasdaqGM:MB Future Profit Feb 21st 18 Analysts’ expectations for revenue growth over the next 3 years of 95.88% provides a very optimistic outlook for the business which is consistent with the signal company insiders are sending with their net buying activity. … Alternatively, the timing of these insider transactions may have been driven by share price volatility. … Next Steps: MINDBODY’s insider meaningful buying activity tells us the shares are currently in favour, which is consistent with the significant expected earnings growth, even if the low share price volatility did not warrant exploiting any mispricing.

Simply Wall St -

Does MINDBODY Inc's (NASDAQ:MB) Past Performance Indicate A Stronger Future?

Assessing MINDBODY Inc's (NASDAQ:MB) past track record of performance is an insightful exercise for investors. … Today I will assess MB's recent performance announced on 30 September 2017 and evaluate these figures to its long-term trend and industry movements. … Check out our latest analysis for MINDBODY Commentary On MB's Past Performance I like to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data.

Simply Wall St -

MINDBODY Inc (MB): Time For A Financial Health Check

In the case of MB, operating cash flow turned out to be 0.38x its debt level over the past twelve months. … MB’s high cash coverage and low debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow. … MB’s high cash coverage and low levels of debt indicate its ability to use its borrowings efficiently in order to produce a healthy cash flow.

Simply Wall St -

MB Company Info

Map
Description

MINDBODY, Inc. operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses. The company offers its software platform to its subscribers as a subscription-based service. It also connects consumers with businesses through its MINDBODY app, a consumer-facing mobile application that allows consumers to discover, evaluate, book, and pay for wellness services; MINDBODY Network, a fee-based platform that connects its customers with local consumers through the MINDBODY app and third-party partner applications, or Websites; and MINDBODY API Platform and Partner Ecosystem, a platform focuses in areas, such as marketing automation, accounting, loyalty, mobile, and social interactions. The company sells its subscriptions through a direct sales team primarily in San Luis Obispo, California; the United Kingdom; and Australia. MINDBODY, Inc. was founded in 2001 and is headquartered in San Luis Obispo, California.

Details
Name: MINDBODY, Inc.
MB
Exchange: NasdaqGM
Founded: 2001
$1,750,682,793
48,016,533
Website: http://www.mindbodyonline.com
Address: MINDBODY, Inc.
4051 Broad Street,
Suite 220,
San Luis Obispo,
California, 93401,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM MB Class A Common Stock Nasdaq Global Market US USD 19. Jun 2015
DB 5MO Class A Common Stock Deutsche Boerse AG DE EUR 19. Jun 2015
Number of employees
Current staff
Staff numbers
1,802
MINDBODY employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/20 07:43
End of day share price update: 2019/02/14 00:00
Last estimates confirmation: 2019/02/19
Last earnings filing: 2018/11/08
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.