MI70
MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries in the United States, China, Norway, Turkey, Singapore, Canada, and internationally. The company's primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with … Read more
MI70 (MI70) - Net Assets
Latest net assets as of October 2025: €39.94 Million EUR
Based on the latest financial reports, MI70 (MI70) has net assets worth €39.94 Million EUR as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€47.34 Million) and total liabilities (€7.40 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €39.94 Million |
| % of Total Assets | 84.37% |
| Annual Growth Rate | -3.34% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.19 |
MI70 - Net Assets Trend (2022–2025)
This chart illustrates how MI70's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MI70 (2022–2025)
The table below shows the annual net assets of MI70 from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | €27.33 Million | +20.72% |
| 2024-01-31 | €22.64 Million | -1.78% |
| 2023-01-31 | €23.05 Million | -23.83% |
| 2022-01-31 | €30.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MI70's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 940800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €135.78 Million | 496.78% |
| Total Equity | €27.33 Million | 100.00% |
MI70 Competitors by Market Cap
The table below lists competitors of MI70 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Escort Teknoloji Yatirim AS
IS:ESCOM
|
$67.38 Million |
|
Hansol Holdings Co Ltd
KO:004150
|
$67.38 Million |
|
Best Precision Industrial Co., Ltd.
TWO:6859
|
$67.39 Million |
|
Cupid Limited
NSE:CUPID
|
$67.40 Million |
|
Havanna Holding SA
BA:HAVA
|
$67.37 Million |
|
TigerElec Co. Ltd
KQ:219130
|
$67.36 Million |
|
CAB Payments Holdings Limited
PINK:CABPF
|
$67.33 Million |
|
Choil Aluminum
KO:018470
|
$67.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MI70's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,641,000 to 27,332,000, a change of 4,691,000 (20.7%).
- Net income of 5,074,000 contributed positively to equity growth.
- Other factors decreased equity by 383,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.07 Million | +18.56% |
| Other Changes | €-383.00K | -1.4% |
| Total Change | €- | 20.72% |
Book Value vs Market Value Analysis
This analysis compares MI70's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.34x to 2.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-01-31 | €21.97 | €7.40 | x |
| 2023-01-31 | €16.72 | €7.40 | x |
| 2024-01-31 | €16.11 | €7.40 | x |
| 2025-01-31 | €3.43 | €7.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MI70 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.83%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 1.34x
- Recent ROE (18.56%) is above the historical average (-17.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -49.85% | -65.28% | 0.55x | 1.39x | €-18.11 Million |
| 2023 | -38.31% | -35.31% | 0.76x | 1.43x | €-11.14 Million |
| 2024 | 1.21% | 0.75% | 1.09x | 1.48x | €-1.99 Million |
| 2025 | 18.56% | 10.83% | 1.28x | 1.34x | €2.34 Million |
Industry Comparison
This section compares MI70's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $40,305,404,518
- Average return on equity (ROE) among peers: 10.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MI70 (MI70) | €39.94 Million | -49.85% | 0.19x | $67.37 Million |
| HORIBA Ltd (01H) | $283.73 Billion | 14.20% | 0.58x | $3.25 Billion |
| SENSIRION HOLDING (1Q3) | $304.14 Million | 20.90% | 0.18x | $810.77 Million |
| Kyoritsu Electric Corporation (KYO) | $9.03 Billion | 8.40% | 1.41x | $13.96 Million |
| Nynomic AG (M7U) | $103.93 Million | 8.95% | 0.46x | $79.41K |
| Plan Optik AG (P4O) | $6.95 Million | 6.00% | 0.27x | $14.00 Million |
| VISHAY PREC GRP (SV5) | $329.93 Million | 7.79% | 0.43x | $428.31 Million |
| TOYO Corporation (TOY) | $28.88 Billion | 3.07% | 0.15x | $191.38 Million |
| Viscom AG (V6C) | $52.29 Million | 13.63% | 0.27x | $14.53 Million |