Comparing Gogoro (NASDAQ:GGR) & MIND Technology (NASDAQ:MIND)

Gogoro (NASDAQ:GGR) and MIND Technology (NASDAQ:MIND) are both small-cap business services companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, earnings, valuation, profitability and dividends.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Gogoro and MIND Technology, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gogoro	1	0	0	0	1.00
MIND Technology	0	1	0	0	2.00

Earnings & Valuation

This table compares Gogoro and MIND Technology”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Gogoro	$281.48 million	0.21	-$79.97 million	($4.72)	-0.85
MIND Technology	$40.95 million	1.50	$750,000.00	$0.10	67.50

MIND Technology has lower revenue, but higher earnings than Gogoro. Gogoro is trading at a lower price-to-earnings ratio than MIND Technology, indicating that it is currently the more affordable of the two stocks.

Risk and Volatility

Gogoro has a beta of 0.9, meaning that its share price is 10% less volatile than the S&P 500. Comparatively, MIND Technology has a beta of 0.3, meaning that its share price is 70% less volatile than the S&P 500.

Profitability

This table compares Gogoro and MIND Technology’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Gogoro	-24.98%	-55.12%	-10.59%
MIND Technology	1.83%	2.19%	1.78%

Institutional & Insider Ownership

15.9% of Gogoro shares are owned by institutional investors. Comparatively, 9.8% of MIND Technology shares are owned by institutional investors. 4.8% of Gogoro shares are owned by insiders. Comparatively, 2.5% of MIND Technology shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

MIND Technology beats Gogoro on 8 of the 12 factors compared between the two stocks.

About Gogoro

Gogoro Inc. provides battery swapping services in Taiwan, India, and internationally. It also develops Swap and Go battery system that delivers full power to electric-powered two-wheelers. In addition, the company offers battery swapping technology in the form of hardware, software, and service, including Gogoro Smart Batteries, GoStation, Gogoro Network Software & Battery Management Systems, Smartscooter, GoReward, and related components and kits. The company was incorporated in 2011 and is based in Taipei, Taiwan.

About MIND Technology

MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries worldwide. Its primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; SeaLink towed seismic streamer system; and Sea Serpent line of passive sonar arrays for maritime security and anti-submarine warfare applications. The company also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.