MIND CTI LTD (MNDO)

Services-Computer Programming Services

Latest Price

$1.04

TTM P/E

8.00

Normalized P/E

8.00

Div Yield

21.15%

Book Value

P/B Ratio

Valuation metrics

EPS: $0.13

Book value / share: $1.13

Formula: √(22.5 × EPS × BVPS)

Graham Number

$1.82

+75% upside

Norm. op. income: $5M (median of 7yr)

Tax rate: 7%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$2.72

+161% upside

Base FCF: $4M (median of recent 5yr)

Growth: -3%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$2.29

+120% upside

EPS: $0.13

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$1.95

+88% upside