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Mind Gym plc (MIND) Fair Value & Analysis

Industrials · GB · Market cap 9.1M GBX

MG Mind Gym plc MIND · LSE
Price£0.0950
Fair Value£0.0523
Upside-45.0%
Quality95/100
Evidence: Medium Range £0.0333 – £0.0713

Fair value as of: Jun 26, 2026

From 9 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from £0.1600 to £0.0523 (−67.3%) since Jun 24, 2026.

Price vs Fair Value (12 months)

£0.1800 £0.0950 Fair Value £0.0523 Jun 2025 Jun 2026

12‑month range £0.0950 – £0.1800 · fair‑value band £0.0333 – £0.0713 · the £0.0950 price screens above the £0.0523 fair value. As of Jun 26, 2026.

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Analysis

Mind Gym plc (MIND) currently trades at £0.0950, while our model-based Fair Value estimate is £0.0523 — implying the stock looks roughly 45.0% overvalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Mind Gym plc generated revenue of £31.9M at a net margin of -31.0%. Revenue declined 33.1% year over year. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 31.9M GBX
Revenue growth (YoY) -33.1%
Net margin -31.0%
Return on equity -167%
Free cash flow 431K GBX FY2025
Operating margin -12.6%
More key figures
EPS (TTM) £-0.1000
EPS growth (YoY) -76.0%
Net debt 594K GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Mind Gym plc operates as a behavioural science company in the United Kingdom, Singapore, the United States, and Canada. The company offers research, diagnostics, strategic advice, management and employee development, employee communication, digital products, and related services. It also provides various solutions for performance management; leadership development; diversity and inclusion; change and transformation; professional skills; and culture. The company was incorporated in 1999 and is based in London, the United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mind Gym plc reported revenue of £38.6M in FY2025 versus £39.4M in FY2021, a compound −0.5%/yr. Reported net income was −£8.2M in FY2025.

Revenue −0.5%/yr
FY21 £39.4M
FY22 £48.7M
FY23 £55.0M
FY24 £44.9M
FY25 £38.6M
Net income
FY21 −£232K
FY22 £1.6M
FY23 £2.9M
FY24 −£10.9M
FY25 −£8.2M

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Frequently asked questions

Is Mind Gym plc (MIND) undervalued?
As of Jun 26, 2026, our model estimates a fair value of £0.0523 versus a price of £0.0950 — about −45% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MIND?
Our 21-model fair value for Mind Gym plc is £0.0523 (as of Jun 26, 2026), built from audited fundamentals. The current price is £0.0950.
What is the quality score of MIND?
Mind Gym plc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mind Gym plc (MIND)?
Mind Gym plc reported trailing-twelve-month revenue of about £31.9M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of MIND?
The net profit margin of Mind Gym plc is about -31.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.