MITEK SYSTEMS INC (MITK) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:MITK • US6067102003

9.82 USD
-0.03 (-0.3%)
At close: Feb 5, 2026
10.59 USD
+0.77 (+7.84%)
Pre-Market: 2/6/2026, 8:17:08 AM
Fundamental Rating

5

MITK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 278 industry peers in the Software industry. There are concerns on the financial health of MITK while its profitability can be described as average. MITK scores decently on growth, while it is valued quite cheap. This could make an interesting combination.


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.
  • 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.
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

  • The Return On Assets of MITK (1.92%) is better than 61.87% of its industry peers.
  • MITK has a better Return On Equity (3.66%) than 64.03% of its industry peers.
  • The Return On Invested Capital of MITK (3.68%) is better than 70.14% 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 10.78%.
  • 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 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 63.31% of its industry peers.
  • In the last couple of years the Profit Margin of MITK has declined.
  • MITK has a Operating Margin of 10.87%. This is in the better half of the industry: MITK outperforms 76.26% of its industry peers.
  • In the last couple of years the Operating Margin of MITK has declined.
  • MITK has a better Gross Margin (85.09%) than 92.45% 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 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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

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.
  • Compared to 1 year ago, MITK has an improved debt to assets ratio.
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

  • Based on the Altman-Z score of 1.78, we must say that MITK is in the distress zone and has some risk of bankruptcy.
  • MITK has a Altman-Z score of 1.78. This is comparable to the rest of the industry: MITK outperforms 54.32% of its industry peers.
  • MITK has a debt to FCF ratio of 2.89. This is a good value and a sign of high solvency as MITK would need 2.89 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 2.89, MITK is doing good in the industry, outperforming 64.75% 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 Debt to Equity ratio of 0.65. This is in the lower half of the industry: MITK underperforms 69.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 2.89
Altman-Z 1.78
ROIC/WACC0.38
WACC9.77%
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

  • A Current Ratio of 1.19 indicates that MITK should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.19, MITK is not doing good in the industry: 65.47% 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.
  • MITK has a Quick ratio of 1.19. This is in the lower half of the industry: MITK underperforms 64.75% of its industry peers.
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.
  • 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)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%18.75%

3.2 Future

  • Based on estimates for the next years, MITK will show a small growth in Earnings Per Share. The EPS will grow by 7.55% on average per year.
  • Based on estimates for the next years, MITK will show a quite strong growth in Revenue. The Revenue will grow by 8.20% on average per year.
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

  • 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 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 0.2 0.4 0.6 0.8 1

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • MITK is valuated reasonably with a Price/Earnings ratio of 9.09.
  • 88.85% of the companies in the same industry are more expensive than MITK, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 27.67, MITK is valued rather cheaply.
  • A Price/Forward Earnings ratio of 8.75 indicates a reasonable valuation of MITK.
  • Based on the Price/Forward Earnings ratio, MITK is valued cheaply inside the industry as 87.41% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of MITK to the average of the S&P500 Index (27.20), we can say MITK is valued rather cheaply.
Industry RankSector Rank
PE 9.09
Fwd PE 8.75
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MITK indicates a rather cheap valuation: MITK is cheaper than 91.37% of the companies listed in the same industry.
  • MITK's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MITK is cheaper than 92.45% of the companies in the same industry.
Industry RankSector Rank
P/FCF 8.27
EV/EBITDA 6.31
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 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)1.29
PEG (5Y)1.18
EPS Next 2Y7.55%
EPS Next 3YN/A

More info and screens

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

0

5. Dividend

5.1 Amount

  • MITK does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

MITEK SYSTEMS INC

NASDAQ:MITK (2/5/2026, 8:00:01 PM)

Premarket: 10.59 +0.77 (+7.84%)

9.82

-0.03 (-0.3%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-05
Earnings (Next)05-06
Inst Owners77.55%
Inst Owner Change0.34%
Ins Owners2.92%
Ins Owner Change8.33%
Market Cap448.28M
Revenue(TTM)179.69M
Net Income(TTM)8.80M
Analysts81.82
Price Target14.03 (42.87%)
Short Float %5.22%
Short Ratio3.52
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)0%
PT rev (3m)1.92%
EPS NQ rev (1m)0%
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 RankSector Rank
PE 9.09
Fwd PE 8.75
P/S 2.49
P/FCF 8.27
P/OCF 8.1
P/B 1.87
P/tB 6.69
EV/EBITDA 6.31
EPS(TTM)1.08
EY11%
EPS(NY)1.12
Fwd EY11.43%
FCF(TTM)1.19
FCFY12.09%
OCF(TTM)1.21
OCFY12.34%
SpS3.94
BVpS5.26
TBVpS1.47
PEG (NY)1.29
PEG (5Y)1.18
Graham Number11.31
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 1.78
F-Score6
WACC9.77%
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)11.34%
EPS 3Y2.91%
EPS 5Y7.68%
EPS Q2Q%73.33%
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%18.75%
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.