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Market Cap

US$59.2m

Last Updated

2021/05/07 22:51 UTC

Data Sources

Company Financials

Executive Summary

MIND C.T.I. Ltd., together with its subsidiaries, designs, develops, markets, supports, implements, and operates real-time and off-line convergent billing and customer care software solutions in the Americas, Europe, Israel, the Asia Pacific, and Africa. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

How has MIND C.T.I's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MNDO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MNDO's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.7%

MNDO

-3.3%

US Software

-0.3%

US Market


1 Year Return

73.1%

MNDO

39.0%

US Software

50.2%

US Market

Return vs Industry: MNDO exceeded the US Software industry which returned 39.5% over the past year.

Return vs Market: MNDO exceeded the US Market which returned 51.8% over the past year.


Shareholder returns

MNDOIndustryMarket
7 Day1.7%-3.3%-0.3%
30 Day8.6%-1.2%2.2%
90 Day14.8%-5.1%3.8%
1 Year88.7%73.1%39.9%39.0%52.7%50.2%
3 Year88.1%35.9%125.2%118.5%63.4%53.1%
5 Year159.9%48.5%301.8%279.9%129.6%104.0%

Long-Term Price Volatility Vs. Market

How volatile is MIND C.T.I's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is MIND C.T.I undervalued compared to its fair value and its price relative to the market?

48.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MNDO ($3.03) is trading below our estimate of fair value ($5.88)

Significantly Below Fair Value: MNDO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MNDO is good value based on its PE Ratio (11.2x) compared to the US Software industry average (49.8x).

PE vs Market: MNDO is good value based on its PE Ratio (11.2x) compared to the US market (20.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MNDO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MNDO is good value based on its PB Ratio (2.6x) compared to the US Software industry average (7.7x).


Future Growth

How is MIND C.T.I forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.0%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MIND C.T.I has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has MIND C.T.I performed over the past 5 years?

2.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MNDO has high quality earnings.

Growing Profit Margin: MNDO's current net profit margins (23%) are higher than last year (22.3%).


Past Earnings Growth Analysis

Earnings Trend: MNDO's earnings have grown by 2.4% per year over the past 5 years.

Accelerating Growth: MNDO's earnings growth over the past year (6.4%) exceeds its 5-year average (2.4% per year).

Earnings vs Industry: MNDO earnings growth over the past year (6.4%) underperformed the Software industry 21.4%.


Return on Equity

High ROE: MNDO's Return on Equity (23.3%) is considered high.


Financial Health

How is MIND C.T.I's financial position?


Financial Position Analysis

Short Term Liabilities: MNDO's short term assets ($19.7M) exceed its short term liabilities ($5.6M).

Long Term Liabilities: MNDO's short term assets ($19.7M) exceed its long term liabilities ($3.7M).


Debt to Equity History and Analysis

Debt Level: MNDO is debt free.

Reducing Debt: MNDO has not had any debt for past 5 years.

Debt Coverage: MNDO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MNDO has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is MIND C.T.I current dividend yield, its reliability and sustainability?

8.58%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MNDO's dividend (8.58%) is higher than the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: MNDO's dividend (8.58%) is in the top 25% of dividend payers in the US market (3.42%)


Stability and Growth of Payments

Stable Dividend: MNDO's dividend payments have been volatile in the past 10 years.

Growing Dividend: MNDO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (96.2%), MNDO's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Eisinger Iancu (62 yo)

26.08yrs

Tenure

US$513,715

Compensation

Ms. Monica Iancu, also known as Eisinger, founded MIND C.T.I. Ltd in 1994 and has been its Chief Executive Officer and President since April 6, 1995. Ms. Iancu co-founded Mind Software Inc., a subsidiary o...


CEO Compensation Analysis

Compensation vs Market: Eisinger's total compensation ($USD513.72K) is about average for companies of similar size in the US market ($USD532.73K).

Compensation vs Earnings: Eisinger's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MNDO's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: MNDO's board of directors are considered experienced (3.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

MIND C.T.I. Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MIND C.T.I. Ltd
  • Ticker: MNDO
  • Exchange: NasdaqGM
  • Founded: 1995
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$59.158m
  • Shares outstanding: 19.99m
  • Website: https://mindcti.com

Number of Employees


Location

  • MIND C.T.I. Ltd
  • 2 HaCarmel Street
  • Yokneam Illit
  • 2066724
  • Israel

Listings


Biography

MIND C.T.I. Ltd., together with its subsidiaries, designs, develops, markets, supports, implements, and operates real-time and off-line convergent billing and customer care software solutions in the Americ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 22:51
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.