10.52 USD
-0.1 (-0.94%)
Taking everything into account, MITK scores 5 out of 10 in our fundamental rating. MITK was compared to 276 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 is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year MITK was profitable.
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
MITK has a Return On Assets of 1.92%. This is in the better half of the industry: MITK outperforms 61.96% of its industry peers.
The Return On Equity of MITK (3.66%) is better than 64.13% of its industry peers.
With a decent Return On Invested Capital value of 3.68%, MITK is doing good in the industry, outperforming 70.29% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MITK 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 63.41% of the companies in the same industry.
MITK's Profit Margin has declined in the last couple of years.
MITK has a Operating Margin of 10.87%. This is in the better half of the industry: MITK outperforms 76.45% of its industry peers.
MITK's Operating Margin has declined in the last couple of years.
MITK has a better Gross Margin (85.09%) than 92.75% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MITK is destroying value.
The number of shares outstanding for MITK has been increased compared to 1 year ago.
Compared to 5 years ago, MITK has more shares outstanding
MITK has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.88 indicates that MITK is not a great score, but indicates only limited risk for bankruptcy at the moment.
MITK's Altman-Z score of 1.88 is in line compared to the rest of the industry. MITK outperforms 47.46% 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.
The Debt to FCF ratio of MITK (2.89) is better than 64.86% 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.
Looking at the Debt to Equity ratio, with a value of 0.65, MITK is doing worse than 69.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 2.89 | ||
| Altman-Z | 1.88 |
ROIC/WACC0.38
WACC9.77%
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.
MITK has a worse Current ratio (1.19) than 65.94% of its industry peers.
A Quick Ratio of 1.19 indicates that MITK should not have too much problems paying its short term obligations.
MITK has a worse Quick ratio (1.19) than 64.86% 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.
MITK shows a small growth in Revenue. In the last year, the Revenue has grown by 4.42%.
MITK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.15% yearly.
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 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 8.11% on average per year.
EPS Next Y15.04%
EPS Next 2Y7.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.52%
Revenue Next 2Y8.11%
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.
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 10.85, which indicates a very decent valuation of MITK.
MITK's Price/Earnings ratio is rather cheap when compared to the industry. MITK is cheaper than 88.04% of the companies in the same industry.
MITK is valuated cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
MITK is valuated reasonably with a Price/Forward Earnings ratio of 9.43.
MITK's Price/Forward Earnings ratio is rather cheap when compared to the industry. MITK is cheaper than 88.41% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.98. MITK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.85 | ||
| Fwd PE | 9.43 |
4.2 Price Multiples
MITK's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MITK is cheaper than 92.75% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MITK indicates a rather cheap valuation: MITK is cheaper than 94.57% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.86 | ||
| EV/EBITDA | 7.35 |
4.3 Compensation for Growth
MITK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of MITK may justify a higher PE ratio.
PEG (NY)0.72
PEG (5Y)1.41
EPS Next 2Y7.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for MITK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:MITK (1/13/2026, 11:09:17 AM)
10.52
-0.1 (-0.94%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners77.55%
Inst Owner Change0.06%
Ins Owners2.92%
Ins Owner Change8.33%
Market Cap480.24M
Revenue(TTM)179.69M
Net Income(TTM)8.80M
Analysts81.82
Price Target13.52 (28.52%)
Short Float %4.96%
Short Ratio3.68
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)4.6%
EPS NQ rev (3m)4.6%
EPS NY rev (1m)0.55%
EPS NY rev (3m)1.93%
Revenue NQ rev (1m)2.89%
Revenue NQ rev (3m)2.89%
Revenue NY rev (1m)0.42%
Revenue NY rev (3m)1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.85 | ||
| Fwd PE | 9.43 | ||
| P/S | 2.67 | ||
| P/FCF | 8.86 | ||
| P/OCF | 8.68 | ||
| P/B | 2 | ||
| P/tB | 7.17 | ||
| EV/EBITDA | 7.35 |
EPS(TTM)0.97
EY9.22%
EPS(NY)1.12
Fwd EY10.61%
FCF(TTM)1.19
FCFY11.28%
OCF(TTM)1.21
OCFY11.52%
SpS3.94
BVpS5.26
TBVpS1.47
PEG (NY)0.72
PEG (5Y)1.41
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 | 1.88 |
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)1.04%
EPS 3Y2.91%
EPS 5Y7.68%
EPS Q2Q%-27.27%
EPS Next Y15.04%
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 Year8.52%
Revenue Next 2Y8.11%
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 15.04% in the next year.