MITEK SYSTEMS INC (MITK) Stock Fundamental Analysis

NASDAQ:MITK • US6067102003

14.67 USD
-0.04 (-0.27%)
At close: Feb 26, 2026
14.67 USD
0 (0%)
After Hours: 2/26/2026, 4:10:27 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

MITK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 274 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. MITK has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

6

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.
  • 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 Return On Invested Capital of 3.68%. This is in the better half of the industry: MITK outperforms 68.98% 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 10.77%.
  • The 3 year average ROIC (3.01%) for MITK is below the current ROIC(3.68%), indicating increased profibility in the last year.
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

  • MITK has a Profit Margin of 4.90%. This is in the better half of the industry: MITK outperforms 62.77% of its industry peers.
  • In the last couple of years the Profit Margin of MITK has declined.
  • MITK's Operating Margin of 10.87% is fine compared to the rest of the industry. MITK outperforms 75.91% of its industry peers.
  • In the last couple of years the Operating Margin of MITK has declined.
  • The Gross Margin of MITK (85.09%) is better than 91.97% 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

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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.
  • With a decent Altman-Z score value of 2.38, MITK is doing good in the industry, outperforming 60.22% of the companies in the same industry.
  • 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.
  • MITK has a Debt to FCF ratio of 2.89. This is in the better half of the industry: MITK outperforms 63.87% of its industry peers.
  • A Debt/Equity ratio of 0.65 indicates that MITK is somewhat dependend on debt financing.
  • The Debt to Equity ratio of MITK (0.65) is worse than 70.07% of its industry peers.
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.
  • The Current ratio of MITK (1.19) is worse than 65.69% 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.
  • MITK has a Quick ratio of 1.19. This is in the lower half of the industry: MITK underperforms 64.96% 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

  • MITK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.34%, which is quite good.
  • 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

  • Based on estimates for the next years, MITK will show a small growth in Earnings Per Share. The EPS will grow by 7.76% on average per year.
  • The Revenue is expected to grow by 8.53% on average over the next years. This is quite good.
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

  • 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.
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

  • With a Price/Earnings ratio of 13.58, MITK is valued correctly.
  • MITK's Price/Earnings ratio is rather cheap when compared to the industry. MITK is cheaper than 80.29% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of MITK to the average of the S&P500 Index (27.05), we can say MITK is valued slightly cheaper.
  • MITK is valuated correctly with a Price/Forward Earnings ratio of 13.07.
  • MITK's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MITK is cheaper than 78.47% of the companies in the same industry.
  • MITK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.03.
Industry RankSector Rank
PE 13.58
Fwd PE 13.07
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.
  • 85.77% of the companies in the same industry are more expensive than MITK, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 12.27
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 an expensive valuation of the company.
  • MITK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.93
PEG (5Y)1.77
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, 4:10:27 PM)

After market: 14.67 0 (0%)

14.67

-0.04 (-0.27%)

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 Cap664.84M
Revenue(TTM)179.69M
Net Income(TTM)8.80M
Analysts81.82
Price Target14.03 (-4.36%)
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 13.58
Fwd PE 13.07
P/S 3.7
P/FCF 12.27
P/OCF 12.01
P/B 2.77
P/tB 9.92
EV/EBITDA 12.55
EPS(TTM)1.08
EY7.36%
EPS(NY)1.12
Fwd EY7.65%
FCF(TTM)1.2
FCFY8.15%
OCF(TTM)1.22
OCFY8.32%
SpS3.96
BVpS5.3
TBVpS1.48
PEG (NY)1.93
PEG (5Y)1.77
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.