MICT Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $0.88
- Today's High:
- $0.9388
- Open Price:
- $0.9
- 52W Low:
- $0.571
- 52W High:
- $1.35
- Prev. Close:
- $0.9
- Volume:
- 186060
Company Statistics
- Market Cap.:
- $145.81 million
- Book Value:
- 0.906
- Revenue TTM:
- $51.16 million
- Operating Margin TTM:
- -83.02%
- Gross Profit TTM:
- $9.22 million
- Profit Margin:
- -76.1%
- Return on Assets TTM:
- -16.27%
- Return on Equity TTM:
- -29.3%
Company Profile
MICT Inc had its IPO on 2004-06-25 under the ticker symbol MICT.
The company operates in the Technology sector and Financial Technology (Fintech) & Infrastructure industry. MICT Inc has a staff strength of 0 employees.
Stock update
Shares of MICT Inc opened at $0.9 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $0.88 - $0.94, and closed at $0.93.
This is a +2.9% increase from the previous day's closing price.
A total volume of 186,060 shares were traded at the close of the day’s session.
In the last one week, shares of MICT Inc have slipped by -1.64%.
MICT Inc's Key Ratios
MICT Inc has a market cap of $145.81 million, indicating a price to book ratio of 1.5556 and a price to sales ratio of 0.1308.
In the last 12-months MICT Inc’s revenue was $51.16 million with a gross profit of $9.22 million and an EBITDA of $-39224000. The EBITDA ratio measures MICT Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, MICT Inc’s operating margin was -83.02% while its return on assets stood at -16.27% with a return of equity of -29.3%.
In Q4, MICT Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 25.7%.
MICT Inc’s PE and PEG Ratio
- Forward PE
- 21.645
- Trailing PE
- 0
- PEG
- 0
Its diluted EPS in the last 12-months stands at $-0.31 per share while it has a forward price to earnings multiple of 21.645 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into MICT Inc’s profitability.
MICT Inc stock is trading at a EV to sales ratio of 2.2837 and a EV to EBITDA ratio of -2.9788. Its price to sales ratio in the trailing 12-months stood at 0.1308.
MICT Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $8.89 million
- Total Liabilities
- $9.18 million
- Operating Cash Flow
- $56.85 million
- Capital Expenditure
- $3000
- Dividend Payout Ratio
- 0%
MICT Inc ended 2024 with $8.89 million in total assets and $0 in total liabilities. Its intangible assets were valued at $8.89 million while shareholder equity stood at $-1216000.00.
MICT Inc ended 2024 with $129.57 million in deferred long-term liabilities, $9.18 million in other current liabilities, 164000.00 in common stock, $53.28 million in retained earnings and $231.64 million in goodwill. Its cash balance stood at $1.28 million and cash and short-term investments were $1.28 million. The company’s total short-term debt was $407,000 while long-term debt stood at $205.75 million.
MICT Inc’s total current assets stands at $9.89 million while long-term investments were $527000.00 and short-term investments were $0. Its net receivables were $4.68 million compared to accounts payable of $1.92 million and inventory worth $0.
In 2024, MICT Inc's operating cash flow was $56.85 million while its capital expenditure stood at $3000.
Comparatively, MICT Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $0.93
- 52-Week High
- $1.35
- 52-Week Low
- $0.571
- Analyst Target Price
- $4
MICT Inc stock is currently trading at $0.93 per share. It touched a 52-week high of $1.35 and a 52-week low of $1.35. Analysts tracking the stock have a 12-month average target price of $4.
Its 50-day moving average was $0.97 and 200-day moving average was $0.79 The short ratio stood at 14.56 indicating a short percent outstanding of 0%.
Around 3092.7% of the company’s stock are held by insiders while 635.4% are held by institutions.
Frequently Asked Questions About MICT Inc
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About
MICT, Inc., an agri-fintech company, operates a marketplace platform that empowers social upliftment through mobile, technology, and financial access for rural farming communities in Africa. Its platform service through use of smartphones ” “device as a service’ to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage commercial activities of growing and selling production to market participants both domestically and internationally. The ecosystem provides a “one stop shop’ solution to enable subscribers to manage airtime top ups, bill pay services for utilities and other service providers, and access to insurance services and micro finance to support value chain from “seed to sale’. The company also focuses on the development of a suite of consumer fintech services in China, including proprietary platforms for insurance products (B2B, B2B2C and B2C), and financial services/products (B2C), the technology for which is adaptable for other applications and markets. The company was formerly known as Micronet Enertec Technologies, Inc. and changed its name to MICT, Inc. in July 2018. MICT, Inc. was incorporated in 2002 and is based in Montvale, New Jersey.