Genasys Inc. (GNSS) vs MIND Technology, Inc. (MIND)

Genasys Inc. and MIND Technology, Inc. are both Scientific & Technical Instruments companies. Genasys Inc. is the larger, with a market value of $67.9M against $41.2M — 1.6× the size. Genasys Inc. grew revenue faster over the last twelve months: 86.7% against −28.5%. MIND Technology, Inc. has the higher net margin (−6.77% vs −10.9%) and the higher return on invested capital (−2.37% vs −35.0%). Across the 17 metrics below, MIND Technology, Inc. leads on 11 and Genasys Inc. on 6.

Valuation

Metric GNSS MIND Scientific & Technical Instruments median
P/E n/m n/m 35.93
P/S 1.18 1.16 4.46
P/B n/m 1.00 3.00
Price to free cash flow n/m n/m 24.96
EV/EBITDA 43.37 n/m 19.60
EV/Sales 1.26 0.75 4.98
Earnings yield (9.05%) (5.93%) 0.53%
Free cash flow yield (3.89%) (9.61%) 1.12%

Profitability

Metric GNSS MIND Scientific & Technical Instruments median
Gross margin 54.03% 42.24% 45.75%
Operating margin (3.16%) (2.67%) 7.34%
Net margin (10.86%) (6.77%) 1.56%
Free cash flow margin (4.59%) (11.10%) 5.84%
Return on equity (672.00%) (6.81%) 2.87%
Return on assets (10.69%) (5.71%) 0.99%
Return on invested capital (35.04%) (2.37%) 3.88%

Growth

Metric GNSS MIND Scientific & Technical Instruments median
Revenue growth (TTM) 86.72% (28.46%) 11.28%
EPS growth (last fiscal year) 44.44% (92.77%) —
Revenue growth, 5-year CAGR (1.07%) 12.12% 7.89%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GNSS MIND Scientific & Technical Instruments median
Debt to equity (5.75) 0.00 0.00
Current ratio 0.76 6.92 2.24
Net debt to EBITDA 0.60 (5.11) 0.44

Dividend

Metric GNSS MIND Scientific & Technical Instruments median
Dividend yield — — 0.72%
Payout ratio 0.00 0.00 0.00

Size

Metric GNSS MIND Scientific & Technical Instruments median
Market cap 67.86m 41.17m 483.67m

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