MITEK SYSTEMS INC (MITK) Stock Fundamental Analysis

NASDAQ:MITK • US6067102003

14.82 USD
+0.11 (+0.75%)
Last: Feb 26, 2026, 11:28 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, MITK scores 5 out of 10 in our fundamental rating. MITK was compared to 274 industry peers in the Software industry. MITK has only an average score on both its financial health and profitability. MITK has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year MITK was profitable.
  • MITK had a positive operating cash flow in the past year.
  • In the past 5 years MITK has always been profitable.
  • Each year in the past 5 years MITK had a positive operating cash flow.
MITK Yearly Net Income VS EBIT VS OCF VS FCFMITK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M 40M

1.2 Ratios

  • With a decent Return On Assets value of 1.92%, MITK is doing good in the industry, outperforming 62.41% of the companies in the same industry.
  • MITK's Return On Equity of 3.66% is fine compared to the rest of the industry. MITK outperforms 63.50% of its industry peers.
  • MITK has a better Return On Invested Capital (3.68%) than 68.98% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for MITK is significantly below the industry average of 10.77%.
  • 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 RankSector 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%
MITK Yearly ROA, ROE, ROICMITK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

1.3 Margins

  • The Profit Margin of MITK (4.90%) is better than 62.77% of its industry peers.
  • 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 75.91% of its industry peers.
  • MITK's Operating Margin has declined in the last couple of years.
  • With an excellent Gross Margin value of 85.09%, MITK belongs to the best of the industry, outperforming 91.97% of the companies in the same industry.
  • MITK's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
MITK Yearly Profit, Operating, Gross MarginsMITK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

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
  • Compared to 5 years ago, MITK has more shares outstanding
  • The debt/assets ratio for MITK has been reduced compared to a year ago.
MITK Yearly Shares OutstandingMITK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
MITK Yearly Total Debt VS Total AssetsMITK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

2.2 Solvency

  • MITK has an Altman-Z score of 2.38. This is not the best score and indicates that MITK is in the grey zone with still only limited risk for bankruptcy at the moment.
  • MITK has a Altman-Z score of 2.38. This is in the better half of the industry: MITK outperforms 60.22% 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.
  • MITK's Debt to FCF ratio of 2.89 is fine compared to the rest of the industry. MITK outperforms 63.87% of its industry peers.
  • MITK has a Debt/Equity ratio of 0.65. This is a neutral value indicating MITK is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.65, MITK is not doing good in the industry: 70.07% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 2.89
Altman-Z 2.38
ROIC/WACC0.37
WACC10.01%
MITK Yearly LT Debt VS Equity VS FCFMITK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

2.3 Liquidity

  • MITK has a Current 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.
  • With a Current ratio value of 1.19, MITK is not doing good in the industry: 65.69% of the companies in the same industry are doing better.
  • 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.
  • With a Quick ratio value of 1.19, MITK is not doing good in the industry: 64.96% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.19
Quick Ratio 1.19
MITK Yearly Current Assets VS Current LiabilitesMITK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 11.34% over the past year.
  • The Earnings Per Share has been growing slightly by 7.68% on average over the past years.
  • Looking at the last year, MITK shows a small growth in Revenue. The Revenue has grown by 4.42% in the last year.
  • Measured over the past years, MITK shows a quite strong growth in Revenue. The Revenue has been growing by 12.15% on average per year.
EPS 1Y (TTM)11.34%
EPS 3Y2.91%
EPS 5Y7.68%
EPS Q2Q%73.33%
Revenue 1Y (TTM)4.42%
Revenue growth 3Y7.68%
Revenue growth 5Y12.15%
Sales Q2Q%18.76%

3.2 Future

  • MITK is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.76% yearly.
  • Based on estimates for the next years, MITK will show a quite strong growth in Revenue. The Revenue will grow by 8.53% on average per year.
EPS Next Y7.05%
EPS Next 2Y7.55%
EPS Next 3Y7.76%
EPS Next 5YN/A
Revenue Next Year8.66%
Revenue Next 2Y8.2%
Revenue Next 3Y8.53%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
MITK Yearly Revenue VS EstimatesMITK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50M 100M 150M 200M
MITK Yearly EPS VS EstimatesMITK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.2 0.4 0.6 0.8 1

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 13.72 indicates a correct valuation of MITK.
  • Based on the Price/Earnings ratio, MITK is valued cheaper than 80.29% of the companies in the same industry.
  • MITK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.05.
  • The Price/Forward Earnings ratio is 13.21, which indicates a correct valuation of MITK.
  • Based on the Price/Forward Earnings ratio, MITK is valued a bit cheaper than 78.47% of the companies in the same industry.
  • MITK is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.03, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 13.72
Fwd PE 13.21
MITK Price Earnings VS Forward Price EarningsMITK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, MITK is valued cheaply inside the industry as 82.48% of the companies are valued more expensively.
  • MITK's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MITK is cheaper than 85.77% of the companies in the same industry.
Industry RankSector Rank
P/FCF 12.4
EV/EBITDA 12.55
MITK Per share dataMITK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4 5

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MITK does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of MITK may justify a higher PE ratio.
PEG (NY)1.95
PEG (5Y)1.79
EPS Next 2Y7.55%
EPS Next 3Y7.76%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for MITK!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

MITEK SYSTEMS INC

NASDAQ:MITK (2/26/2026, 11:28:08 AM)

14.82

+0.11 (+0.75%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-05
Earnings (Next)05-06
Inst Owners77.55%
Inst Owner Change8.11%
Ins Owners2.92%
Ins Owner Change8.44%
Market Cap671.64M
Revenue(TTM)179.69M
Net Income(TTM)8.80M
Analysts81.82
Price Target14.03 (-5.33%)
Short Float %4.9%
Short Ratio2.82
Dividend
Industry RankSector 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)3.77%
PT rev (3m)5.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.6%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.37%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.13%
Valuation
Industry RankSector Rank
PE 13.72
Fwd PE 13.21
P/S 3.74
P/FCF 12.4
P/OCF 12.14
P/B 2.8
P/tB 10.02
EV/EBITDA 12.55
EPS(TTM)1.08
EY7.29%
EPS(NY)1.12
Fwd EY7.57%
FCF(TTM)1.2
FCFY8.07%
OCF(TTM)1.22
OCFY8.24%
SpS3.96
BVpS5.3
TBVpS1.48
PEG (NY)1.95
PEG (5Y)1.79
Graham Number11.35
Profitability
Industry RankSector 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 RankSector 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 2.38
F-Score6
WACC10.01%
ROIC/WACC0.37
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)11.34%
EPS 3Y2.91%
EPS 5Y7.68%
EPS Q2Q%73.33%
EPS Next Y7.05%
EPS Next 2Y7.55%
EPS Next 3Y7.76%
EPS Next 5YN/A
Revenue 1Y (TTM)4.42%
Revenue growth 3Y7.68%
Revenue growth 5Y12.15%
Sales Q2Q%18.76%
Revenue Next Year8.66%
Revenue Next 2Y8.2%
Revenue Next 3Y8.53%
Revenue Next 5YN/A
EBIT growth 1Y256.78%
EBIT growth 3Y6.43%
EBIT growth 5Y9.87%
EBIT Next Year11.8%
EBIT Next 3Y12.32%
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 6 / 10 to MITEK SYSTEMS INC (MITK). This can be considered as Fairly Valued.


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.