Stock fact sheet · data as of
MIND C.T.I. Ltd (MNDO): fair value, margin of safety and Wheel Score
Technology · Software - Application · Israel · Value
Is MNDO undervalued?
At 0.9200 (close of 16 Oct 2026), MNDO trades 56% below the GLS average fair value of 2.11. That average comes from 8 models run on the latest filings, and 6 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns MIND C.T.I. Ltd the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The 8 models disagree widely: GLS Growth gives 0.4757 while 10 Cap gives 3.37. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files MNDO under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for MNDO
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 2.87 | +212% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 2.09 | +127% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 2.62 | +185% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 0.6501 | -29% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 0.4757 | -48% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 3.37 | +266% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 2.96 | +222% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 1.81 | +96% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.4400 | -52% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - MNDO passes 6 of the nine Piotroski tests, which passes the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 3.3 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are moderate - ROIC 10.9%, ROE 11.3%, ROA 8.6% - with debt at 0.04 times equity and a free-cash-flow yield of 16.6%.
MIND C.T.I. Ltd pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Service 96%, License 4% (fiscal year FY2025).
Institutional ownership scores 1/10, insider activity 3/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 10.9% |
|---|---|---|---|
| GLS Moat | 3.3 / 10 | ROE | 11.3% |
| Debt / equity | 0.04 | ROA | 8.6% |
| Free-cash-flow yield | 16.6% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 3 · 5 / 10 |
Wheel Score 54: Fair
MNDO scores 54 out of 100 on the Wheel Score (Fair band, 50-64): a usable but unremarkable fit for the wheel strategy. The parts: Value 25/25, Health 13/20, Moat 5/15, Premium 5/20, Stability 6/20. Premium (5/20) is where the points are missing.
Implied volatility is 257%, far above the range the wheel strategy is built for. The premium looks generous; the Wheel Score gives it only 5 of 20 Premium points because moves of that size can blow through any strike. Chain open interest is thin - 162 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 56k shares a day on a market cap of $19M, with a beta of 0.40 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 56% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 5 / 15 | moat 3.3/10 | |
| Premium | 5 / 20 | implied volatility 257% | |
| Stability | 6 / 20 | 56k shares/day, $19M cap, beta 0.40 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 10 Nov 2026, 25 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Software - Application
The 12 companies below are the closest to MIND C.T.I. Ltd by market cap within the Software - Application industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| AWRE Aware, Inc. | 0.8807 | - | - | 32Weak | $19M |
| SST System1, Inc. | 2.08 | - | - | 25No options | $18M |
| VIP Vulcan Infrastructure and Power Inc. Class A | 1.26 | 0.7280 | -73% | 2No options | $18M |
| MF MindForge Inc | 10.88 | - | - | 28No options | $20M |
| ELCO Elcom International Inc. | 35.00 | - | - | 28No options | $18M |
| AVAI Avai Bio, Inc. | 0.1140 | - | - | 26No options | $18M |
| AIFF Firefly Neuroscience, Inc. | 1.10 | - | - | 28No options | $17M |
| SPPL Simpple Ltd. | 1.73 | - | - | 27No options | $17M |
| RPGL Republic Power Group Limited | 15.49 | 4.16 | -272% | 10No options | $17M |
| PAYD PAID, Inc. | 2.55 | 0.2789 | -814% | 23No options | $22M |
| UPYY UPAY, Inc. | 0.9000 | 0.8086 | -11% | 23No options | $16M |
| IDAI T Stamp Inc. | 2.80 | - | - | 24No options | $16M |
Screen the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about MNDO
Is MNDO undervalued right now?
By the GLS models, yes: at 0.9200 the stock is 56% below the average fair value of 2.11 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of MNDO and what does it mean?
MNDO scores 54 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for MNDO?
2.11 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does MIND C.T.I. Ltd report earnings next?
The next earnings report is due on 10 Nov 2026, 25 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does MNDO have listed options, and how liquid are they?
Yes. The nightly snapshot found 30 listed contracts with 162 open interest across all expiries and implied volatility of 257% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.