# Mind Gym plc (MIND.L) fundamentals

Data as of 2026-11-04. LSE, United Kingdom. Sector: Industrials / Professional Services. Price 4p, market value 4 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Mind Gym plc reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.1×**. Each dollar of revenue is priced at 0.1×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Free-cash-flow yield: 53.4%** (5-yr avg -0.0%). Free cash flow equals 53.4% of the market value, above its five-year average of -0.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 81.1%**. Mind Gym plc keeps 81.1% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -2.4%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -17.6%**. The company reported a net loss over the last twelve months.
- **Return on equity: 328.3%**. A 328.3% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 272.5%**. Return on all capital, debt included, is 272.5%: comfortably above what that capital costs.
- **Return on assets: -163.0%**. Each dollar of assets produces -163.0% of profit.

## Growth
- **Revenue growth (1 yr): -22.5%** (3-yr -18.4%/yr, 5-yr -5.4%/yr). Revenue fell 22.5% over the last year, against -5.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 35.7%**. Earnings per share rose 35.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Net debt / EBITDA: net cash**. Mind Gym plc holds more cash than debt.
- **Interest coverage: -5.4×**. Operating profit covers interest only -5.4×: fragile.
- **Current ratio: 0.69** (quick 0.69). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Mind Gym plc does not currently pay a dividend, but it returned -0.4% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): -70.7%** (YTD -64.6%, 3-mo -50.0%). The shares are down 70.7% over twelve months including dividends.
- **From 52-week high: -73.4%** (3300.0% above the low). Trading 73% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 2**. An RSI of 2 is oversold; bounces are common, but oversold can stay oversold in a real decline.

Live score and charts: https://foliofundamentals.com/analyzer?s=MIND.L · Page: https://foliofundamentals.com/stocks/mind.l

Not investment advice.