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
Flawless balance sheet and undervalued.
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.
7 Day Return
1 Year Return
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.
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
3 days ago | Simply Wall StMIND C.T.I. Ltd's (NASDAQ:MNDO) CEO Compensation Looks Acceptable To Us And Here's Why
4 days ago | Simply Wall StMIND C.T.I (NASDAQ:MNDO) Could Be At Risk Of Shrinking As A Company
1 month ago | Simply Wall StIntroducing MIND C.T.I (NASDAQ:MNDO), A Stock That Climbed 64% In The Last Year
Is MIND C.T.I undervalued compared to its fair value and its price relative to the market?
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).
How is MIND C.T.I forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has MIND C.T.I performed over the past 5 years?
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.
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 ($3.7M).
Debt to Equity History and Analysis
Debt Level: MNDO is debt free.
Reducing Debt: MNDO has not had any debt for past 5 years.
Debt Coverage: MNDO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MNDO has no debt, therefore coverage of interest payments is not a concern.
What is MIND C.T.I current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MNDO's dividend (8.58%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: MNDO's dividend (8.58%) is in the top 25% of dividend payers in the US market (3.42%)
Stability and Growth of Payments
Stable Dividend: MNDO's dividend payments have been volatile in the past 10 years.
Growing Dividend: MNDO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (96.2%), MNDO's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Eisinger Iancu (62 yo)
Ms. Monica Iancu, also known as Eisinger, founded MIND C.T.I. Ltd in 1994 and has been its Chief Executive Officer and President since April 6, 1995. Ms. Iancu co-founded Mind Software Inc., a subsidiary o...
CEO Compensation Analysis
Compensation vs Market: Eisinger's total compensation ($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.
Experienced Management: MNDO's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: MNDO's board of directors are considered experienced (3.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MIND C.T.I. Ltd's company bio, employee growth, exchange listings and data sources
- 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
- MIND C.T.I. Ltd
- 2 HaCarmel Street
- Yokneam Illit
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 22:51|
|End of Day Share Price||2021/05/07 00:00|
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.