10.18 USD
+0.08 (+0.79%)
We assign a fundamental rating of 5 out of 10 to MITK. MITK was compared to 280 industry peers in the Software industry. MITK has only an average score on both its financial health and profitability. MITK is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
MITK had positive earnings in the past year.
MITK had a positive operating cash flow in the past year.
MITK had positive earnings in each of the past 5 years.
In the past 5 years MITK always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.92%, MITK is in the better half of the industry, outperforming 62.86% of the companies in the same industry.
MITK has a Return On Equity of 3.66%. This is in the better half of the industry: MITK outperforms 65.00% of its industry peers.
MITK has a better Return On Invested Capital (3.68%) than 70.71% of its industry peers.
MITK had an Average Return On Invested Capital over the past 3 years of 3.01%. This is significantly below the industry average of 10.73%.
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
MITK has a Profit Margin of 4.90%. This is in the better half of the industry: MITK outperforms 65.00% of its industry peers.
MITK's Profit Margin has declined in the last couple of years.
MITK has a better Operating Margin (10.87%) than 76.07% of its industry peers.
MITK's Operating Margin has declined in the last couple of years.
MITK's Gross Margin of 85.09% is amongst the best of the industry. MITK outperforms 92.86% of its industry peers.
MITK's Gross Margin has been stable in the last couple of years.
| 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
MITK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
MITK has more shares outstanding than it did 1 year ago.
MITK has more shares outstanding than it did 5 years ago.
MITK has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.82 indicates that MITK is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.82, MITK is in line with its industry, outperforming 46.07% of the companies in the same industry.
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 has a better Debt to FCF ratio (2.89) than 65.00% of its industry peers.
A Debt/Equity ratio of 0.65 indicates that 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: 69.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 2.89 | ||
| Altman-Z | 1.82 |
ROIC/WACC0.38
WACC9.63%
2.3 Liquidity
A Current Ratio of 1.19 indicates that MITK should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.19, MITK is doing worse than 65.36% of the companies in the same industry.
A Quick Ratio of 1.19 indicates that MITK should not have too much problems paying its short term obligations.
The Quick ratio of MITK (1.19) is worse than 64.29% 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.
The Revenue has been growing slightly by 4.42% in the past 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
Based on estimates for the next years, MITK will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.04% on average per year.
Based on estimates for the next years, MITK will show a small growth in Revenue. The Revenue will grow by 7.14% on average per year.
EPS Next Y14.41%
EPS Next 2Y8.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.07%
Revenue Next 2Y7.14%
Revenue Next 3YN/A
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.
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 10.49 indicates a reasonable valuation of MITK.
Based on the Price/Earnings ratio, MITK is valued cheaply inside the industry as 87.86% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.43, MITK is valued rather cheaply.
The Price/Forward Earnings ratio is 9.17, which indicates a very decent valuation of MITK.
Based on the Price/Forward Earnings ratio, MITK is valued cheaper than 90.00% of the companies in the same industry.
MITK is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.66, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.49 | ||
| Fwd PE | 9.17 |
4.2 Price Multiples
MITK's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MITK is cheaper than 93.93% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MITK is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.58 | ||
| EV/EBITDA | 6.67 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MITK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.73
PEG (5Y)1.37
EPS Next 2Y8.04%
EPS Next 3YN/A
5. Dividend
5.1 Amount
MITK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:MITK (12/17/2025, 12:46:26 PM)
10.18
+0.08 (+0.79%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners77.63%
Inst Owner Change0.51%
Ins Owners2.92%
Ins Owner Change8.36%
Market Cap464.72M
Revenue(TTM)179.69M
Net Income(TTM)8.80M
Analysts81.82
Price Target13.26 (30.26%)
Short Float %5.4%
Short Ratio4.87
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.93%
EPS NY rev (1m)1.52%
EPS NY rev (3m)0.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.31%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.49 | ||
| Fwd PE | 9.17 | ||
| P/S | 2.59 | ||
| P/FCF | 8.58 | ||
| P/OCF | 8.4 | ||
| P/B | 1.93 | ||
| P/tB | 6.94 | ||
| EV/EBITDA | 6.67 |
EPS(TTM)0.97
EY9.53%
EPS(NY)1.11
Fwd EY10.9%
FCF(TTM)1.19
FCFY11.66%
OCF(TTM)1.21
OCFY11.91%
SpS3.94
BVpS5.26
TBVpS1.47
PEG (NY)0.73
PEG (5Y)1.37
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 | 1.82 |
F-Score6
WACC9.63%
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 Y14.41%
EPS Next 2Y8.04%
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 Year8.07%
Revenue Next 2Y7.14%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y256.78%
EBIT growth 3Y6.43%
EBIT growth 5Y9.87%
EBIT Next Year12.51%
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.
Can you provide the valuation status for MITEK SYSTEMS INC?
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.
Can you provide the financial health for MITK stock?
The financial health rating of MITEK SYSTEMS INC (MITK) is 3 / 10.
Can you provide the expected EPS growth for MITK stock?
The Earnings per Share (EPS) of MITEK SYSTEMS INC (MITK) is expected to grow by 14.41% in the next year.