MindForge Inc(MF)

Software - Application · Beijing, BJ

$11.26-3.04 (-21.23%)

Delayed quote: Oct 6, 2026, 1:53 PM EDT

EV/Sales Ratio: N/A

Basis: Current FMP quote-based enterprise value / four-quarter revenue. Source: stored company filings and market data; unavailable inputs remain N/A.

The EV/Sales ratio is N/A as of 2026-10-06T17:57:21.125Z.

Stored calculation inputs

Calculation as of: 2026-10-06T17:57:21.125Z.

Quote observation: 2026-10-06T17:53:28.000Z. Amounts in USD. The price header may show a later quote.

Quote market capitalization: 20,479,210
Total debt · period ending 2025-12-31: 0
Cash · period ending 2025-12-31: 9,873,052
TTM revenue · period ending 2025-12-31: N/A

FMP input reference: 966d7948d0ef358a4b8269a82e70897893c423ad02506964839523cff144d353

EV/EBITDA|P/S Ratio|Revenue|All Metrics

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.

MF EV/Sales Ratio Metrics

EV/SALES RATIO

N/A

MF Competitors' EV/Sales Ratio

MindForge Inc

Current

Market Cap

$20.48M

EV/Sales Ratio

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

KPLT

Katapult Holdings, Inc.

vs MF

Market Cap

$20.39M

EV/Sales Ratio

0.25x

TTM Avg

0.41x

3Y Avg

0.49x

5Y Avg

0.55x

MNDO

MIND C.T.I. Ltd

vs MF

Market Cap

$20.14M

EV/Sales Ratio

0.92x

TTM Avg

0.94x

3Y Avg

1.39x

5Y Avg

1.58x

TGHL

Growhub Ltd

vs MF

Market Cap

$19.98M

EV/Sales Ratio

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

GIFT

Giftify, Inc.

vs MF

Market Cap

$19.80M

EV/Sales Ratio

0.25x

TTM Avg

0.39x

3Y Avg

0.49x

5Y Avg

0.49x

VIP

Vulcan Infrastructure and Power Inc. Class A

vs MF

Market Cap

$21.19M

EV/Sales Ratio

1.13x

TTM Avg

1.35x

3Y Avg

1.35x

5Y Avg

1.35x

HOLO

MicroCloud Hologram Inc.

vs MF

Market Cap

$19.76M

EV/Sales Ratio

N/A

TTM Avg

220.84x

3Y Avg

2266.27x

5Y Avg

2619.62x

UTSI

UTStarcom Holdings Corp.

vs MF

Market Cap

$21.69M

EV/Sales Ratio

N/A

TTM Avg

0.07x

3Y Avg

0.07x

5Y Avg

0.15x

LEDS

SemiLEDs Corporation

vs MF

Market Cap

$19.11M

EV/Sales Ratio

0.60x

TTM Avg

0.43x

3Y Avg

1.47x

5Y Avg

2.17x

SPPL

Simpple Ltd.

vs MF

Market Cap

$18.99M

EV/Sales Ratio

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

NAME	MARKET CAP	EV/SALES RATIO	TTM	3Y	5Y
MindForge Inc (MF)	$20.48M	N/A	N/A	N/A	N/A
Katapult Holdings, Inc. (KPLT)vs ›	$20.39M	0.25x	0.41x	0.49x	0.55x
MIND C.T.I. Ltd (MNDO)vs ›	$20.14M	0.92x	0.94x	1.39x	1.58x
Growhub Ltd (TGHL)vs ›	$19.98M	N/A	N/A	N/A	N/A
Giftify, Inc. (GIFT)vs ›	$19.80M	0.25x	0.39x	0.49x	0.49x
Vulcan Infrastructure and Power Inc. Class A (VIP)vs ›	$21.19M	1.13x	1.35x	1.35x	1.35x
MicroCloud Hologram Inc. (HOLO)vs ›	$19.76M	N/A	220.84x	2266.27x	2619.62x
UTStarcom Holdings Corp. (UTSI)vs ›	$21.69M	N/A	0.07x	0.07x	0.15x
SemiLEDs Corporation (LEDS)vs ›	$19.11M	0.60x	0.43x	1.47x	2.17x
Simpple Ltd. (SPPL)vs ›	$18.99M	N/A	N/A	N/A	N/A

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

It works for unprofitable companies where P/E doesn't apply
Revenue is harder to manipulate than earnings
It supports comparisons across companies at different profitability stages
It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Related Metrics

EV/EBITDA P/S Ratio Revenue All Metrics