9.91 USD
-0.13 (-1.29%)
9.99 USD
+0.08 (+0.81%)
Taking everything into account, MITK scores 5 out of 10 in our fundamental rating. MITK was compared to 277 industry peers in the Software industry. Both the profitability and the financial health of MITK get a neutral evaluation. Nothing too spectacular is happening here. A decent growth rate in combination with a cheap valuation! Better keep an eye on MITK.
1. Profitability
1.1 Basic Checks
- In the past year MITK was profitable.
- MITK had a positive operating cash flow in the past year.
- Each year in the past 5 years MITK has been profitable.
- In the past 5 years MITK always reported a positive cash flow from operatings.
1.2 Ratios
- MITK has a Return On Assets of 1.92%. This is in the better half of the industry: MITK outperforms 62.09% of its industry peers.
- With a decent Return On Equity value of 3.66%, MITK is doing good in the industry, outperforming 64.26% of the companies in the same industry.
- With a decent Return On Invested Capital value of 3.68%, MITK is doing good in the industry, outperforming 70.40% of the companies in the same industry.
- MITK had an Average Return On Invested Capital over the past 3 years of 3.01%. This is significantly below the industry average of 10.78%.
- The last Return On Invested Capital (3.68%) for MITK is above the 3 year average (3.01%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 3.66% | ||
| ROIC | 3.68% |
ROA(3y)1.56%
ROA(5y)1.49%
ROE(3y)3.03%
ROE(5y)3%
ROIC(3y)3.01%
ROIC(5y)3.2%
1.3 Margins
- Looking at the Profit Margin, with a value of 4.90%, MITK is in the better half of the industry, outperforming 63.54% of the companies in the same industry.
- MITK's Profit Margin has declined in the last couple of years.
- MITK's Operating Margin of 10.87% is fine compared to the rest of the industry. MITK outperforms 76.53% of its industry peers.
- In the last couple of years the Operating Margin of MITK has declined.
- MITK's Gross Margin of 85.09% is amongst the best of the industry. MITK outperforms 92.42% of its industry peers.
- In the last couple of years the Gross Margin of MITK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.87% | ||
| PM (TTM) | 4.9% | ||
| GM | 85.09% |
OM growth 3Y-1.17%
OM growth 5Y-2.03%
PM growth 3Y32.91%
PM growth 5Y-8.66%
GM growth 3Y-0.39%
GM growth 5Y-0.44%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MITK is destroying value.
- Compared to 1 year ago, MITK has more shares outstanding
- The number of shares outstanding for MITK has been increased compared to 5 years ago.
- Compared to 1 year ago, MITK has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 1.81 indicates that MITK is not a great score, but indicates only limited risk for bankruptcy at the moment.
- MITK's Altman-Z score of 1.81 is in line compared to the rest of the industry. MITK outperforms 48.01% of its industry peers.
- The Debt to FCF ratio of MITK is 2.89, which is a good value as it means it would take MITK, 2.89 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 2.89, MITK is in the better half of the industry, outperforming 64.98% of the companies in the same industry.
- A Debt/Equity ratio of 0.65 indicates that MITK is somewhat dependend on debt financing.
- MITK has a worse Debt to Equity ratio (0.65) than 69.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 2.89 | ||
| Altman-Z | 1.81 |
ROIC/WACC0.38
WACC9.78%
2.3 Liquidity
- A Current Ratio of 1.19 indicates that MITK should not have too much problems paying its short term obligations.
- MITK has a worse Current ratio (1.19) than 66.06% of its industry peers.
- MITK has a Quick Ratio of 1.19. This is a normal value and indicates that MITK is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of MITK (1.19) is worse than 64.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.19 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
- MITK shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.04%.
- MITK shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.68% yearly.
- Looking at the last year, MITK shows a small growth in Revenue. The Revenue has grown by 4.42% in the last year.
- The Revenue has been growing by 12.15% on average over the past years. This is quite good.
EPS 1Y (TTM)1.04%
EPS 3Y2.91%
EPS 5Y7.68%
EPS Q2Q%-27.27%
Revenue 1Y (TTM)4.42%
Revenue growth 3Y7.68%
Revenue growth 5Y12.15%
Sales Q2Q%3.6%
3.2 Future
- MITK is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.55% yearly.
- MITK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.20% yearly.
EPS Next Y7.05%
EPS Next 2Y7.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.66%
Revenue Next 2Y8.2%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 10.22 indicates a reasonable valuation of MITK.
- MITK's Price/Earnings ratio is rather cheap when compared to the industry. MITK is cheaper than 87.73% of the companies in the same industry.
- MITK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.94.
- A Price/Forward Earnings ratio of 9.54 indicates a reasonable valuation of MITK.
- Based on the Price/Forward Earnings ratio, MITK is valued cheaply inside the industry as 87.73% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 23.94. MITK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.22 | ||
| Fwd PE | 9.54 |
4.2 Price Multiples
- 93.14% of the companies in the same industry are more expensive than MITK, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, MITK is valued cheaply inside the industry as 93.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.35 | ||
| EV/EBITDA | 6.6 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- MITK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.45
PEG (5Y)1.33
EPS Next 2Y7.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- MITK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
9.91
-0.13 (-1.29%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)12-11 2025-12-11/amc
Earnings (Next)02-09 2026-02-09
Inst Owners77.55%
Inst Owner Change0.06%
Ins Owners2.92%
Ins Owner Change8.33%
Market Cap452.39M
Revenue(TTM)179.69M
Net Income(TTM)8.80M
Analysts81.82
Price Target13.52 (36.43%)
Short Float %5.1%
Short Ratio3.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.62%
Min EPS beat(2)14.53%
Max EPS beat(2)30.72%
EPS beat(4)4
Avg EPS beat(4)20.82%
Min EPS beat(4)1.42%
Max EPS beat(4)36.62%
EPS beat(8)5
Avg EPS beat(8)16.27%
EPS beat(12)9
Avg EPS beat(12)19.47%
EPS beat(16)12
Avg EPS beat(16)18.64%
Revenue beat(2)2
Avg Revenue beat(2)4.66%
Min Revenue beat(2)1.85%
Max Revenue beat(2)7.47%
Revenue beat(4)4
Avg Revenue beat(4)4.36%
Min Revenue beat(4)0.88%
Max Revenue beat(4)7.47%
Revenue beat(8)5
Avg Revenue beat(8)0.48%
Revenue beat(12)8
Avg Revenue beat(12)3.71%
Revenue beat(16)10
Avg Revenue beat(16)3.74%
PT rev (1m)1.92%
PT rev (3m)1.92%
EPS NQ rev (1m)-1.09%
EPS NQ rev (3m)4.6%
EPS NY rev (1m)-6.95%
EPS NY rev (3m)-5.15%
Revenue NQ rev (1m)0.46%
Revenue NQ rev (3m)3.37%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)1.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.22 | ||
| Fwd PE | 9.54 | ||
| P/S | 2.52 | ||
| P/FCF | 8.35 | ||
| P/OCF | 8.17 | ||
| P/B | 1.88 | ||
| P/tB | 6.75 | ||
| EV/EBITDA | 6.6 |
EPS(TTM)0.97
EY9.79%
EPS(NY)1.04
Fwd EY10.48%
FCF(TTM)1.19
FCFY11.98%
OCF(TTM)1.21
OCFY12.23%
SpS3.94
BVpS5.26
TBVpS1.47
PEG (NY)1.45
PEG (5Y)1.33
Graham Number10.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 3.66% | ||
| ROCE | 7.81% | ||
| ROIC | 3.68% | ||
| ROICexc | 7.07% | ||
| ROICexgc | 41.08% | ||
| OM | 10.87% | ||
| PM (TTM) | 4.9% | ||
| GM | 85.09% | ||
| FCFM | 30.15% |
ROA(3y)1.56%
ROA(5y)1.49%
ROE(3y)3.03%
ROE(5y)3%
ROIC(3y)3.01%
ROIC(5y)3.2%
ROICexc(3y)5.2%
ROICexc(5y)5.38%
ROICexgc(3y)32.16%
ROICexgc(5y)28.81%
ROCE(3y)4.95%
ROCE(5y)4.81%
ROICexgc growth 3Y3.88%
ROICexgc growth 5Y5.78%
ROICexc growth 3Y9.75%
ROICexc growth 5Y-8.29%
OM growth 3Y-1.17%
OM growth 5Y-2.03%
PM growth 3Y32.91%
PM growth 5Y-8.66%
GM growth 3Y-0.39%
GM growth 5Y-0.44%
F-Score6
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 2.89 | ||
| Debt/EBITDA | 4.46 | ||
| Cap/Depr | 7.47% | ||
| Cap/Sales | 0.64% | ||
| Interest Coverage | 16.78 | ||
| Cash Conversion | 158.17% | ||
| Profit Quality | 616.02% | ||
| Current Ratio | 1.19 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | 1.81 |
F-Score6
WACC9.78%
ROIC/WACC0.38
Cap/Depr(3y)7.17%
Cap/Depr(5y)8.92%
Cap/Sales(3y)0.69%
Cap/Sales(5y)0.8%
Profit Quality(3y)639.82%
Profit Quality(5y)641.9%
High Growth Momentum
Growth
EPS 1Y (TTM)1.04%
EPS 3Y2.91%
EPS 5Y7.68%
EPS Q2Q%-27.27%
EPS Next Y7.05%
EPS Next 2Y7.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.42%
Revenue growth 3Y7.68%
Revenue growth 5Y12.15%
Sales Q2Q%3.6%
Revenue Next Year8.66%
Revenue Next 2Y8.2%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y256.78%
EBIT growth 3Y6.43%
EBIT growth 5Y9.87%
EBIT Next Year11.8%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y79.12%
FCF growth 3Y29.04%
FCF growth 5Y18.37%
OCF growth 1Y74.64%
OCF growth 3Y28.06%
OCF growth 5Y18.07%
MITEK SYSTEMS INC / MITK FAQ
What is the ChartMill fundamental rating of MITEK SYSTEMS INC (MITK) stock?
ChartMill assigns a fundamental rating of 5 / 10 to MITK.
What is the valuation status for MITK stock?
ChartMill assigns a valuation rating of 8 / 10 to MITEK SYSTEMS INC (MITK). This can be considered as Undervalued.
How profitable is MITEK SYSTEMS INC (MITK) stock?
MITEK SYSTEMS INC (MITK) has a profitability rating of 6 / 10.
What is the earnings growth outlook for MITEK SYSTEMS INC?
The Earnings per Share (EPS) of MITEK SYSTEMS INC (MITK) is expected to grow by 7.05% in the next year.