MIND Technology, Inc. (MIND) vs Sono-Tek Corporation (SOTK)

MIND Technology, Inc. and Sono-Tek Corporation are both Scientific & Technical Instruments companies. Sono-Tek Corporation is the larger, with a market value of $68.4M against $29.7M — 2.3× the size. MIND Technology, Inc. has negative trailing earnings, so its P/E is not meaningful; Sono-Tek Corporation trades at 36.4×. Sono-Tek Corporation grew revenue faster over the last twelve months: 4.37% against −28.5%. Sono-Tek Corporation has the higher net margin (9.32% vs −6.77%) and the higher return on invested capital (41.5% vs −2.37%). Across the 18 metrics below, Sono-Tek Corporation leads on 13 and MIND Technology, Inc. on 5.

Valuation

Metric MIND SOTK Scientific & Technical Instruments median
P/E n/m 36.42 28.21
P/S 0.88 3.19 4.46
P/B 0.76 3.26 3.10
Price to free cash flow n/m 9.53 24.15
EV/EBITDA n/m 18.88 18.28
EV/Sales 0.64 2.46 4.64
Earnings yield (7.78%) 2.75% 0.68%
Free cash flow yield (12.60%) 10.50% 1.98%

Profitability

Metric MIND SOTK Scientific & Technical Instruments median
Gross margin 42.24% 52.48% 47.24%
Operating margin (2.67%) 10.23% 8.96%
Net margin (6.77%) 9.32% 1.92%
Free cash flow margin (11.10%) 33.63% 10.59%
Return on equity (6.81%) 10.08% 2.66%
Return on assets (5.71%) 8.09% 1.12%
Return on invested capital (2.37%) 41.53% 4.79%

Growth

Metric MIND SOTK Scientific & Technical Instruments median
Revenue growth (TTM) (28.46%) 4.37% 9.26%
EPS growth (last fiscal year) (92.77%) 37.50% 13.24%
Revenue growth, 5-year CAGR 14.06% 7.11% 7.89%
Net income growth, 5-year CAGR 0.00% 10.01% 0.00%

Health

Metric MIND SOTK Scientific & Technical Instruments median
Debt to equity 0.00 0.00 0.00
Current ratio 6.92 4.42 2.30
Net debt to EBITDA (5.11) (5.94) 0.45

Dividend

Metric MIND SOTK Scientific & Technical Instruments median
Dividend yield — — 0.62%
Payout ratio — — 0.22

Size

Metric MIND SOTK Scientific & Technical Instruments median
Market cap 29.72m 68.36m 549.07m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack