MITEK SYSTEMS INC (MITK) Stock Fundamental Analysis
NASDAQ:MITK • US6067102003
13.03 USD
-0.17 (-1.29%)
At close: Feb 20, 2026
13.03 USD
0 (0%)
After Hours: 2/20/2026, 8:00:01 PM
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 may be a bit undervalued, certainly considering the very reasonable score on growth
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.
- Each year in the past 5 years MITK has been profitable.
- MITK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of MITK (1.92%) is better than 62.04% of its industry peers.
- MITK has a better Return On Equity (3.66%) than 63.14% 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.
- Measured over the past 3 years, the Average Return On Invested Capital for MITK is significantly below the industry average of 10.69%.
- 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 62.41% 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 75.91% of its industry peers.
- MITK's Operating Margin has declined in the last couple of years.
- MITK has a Gross Margin of 85.09%. This is amongst the best in the industry. MITK outperforms 91.97% 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MITK is destroying value.
- MITK has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for MITK has been increased compared to 5 years ago.
- Compared to 1 year ago, MITK has an improved debt to assets ratio.
2.2 Solvency
- MITK has an Altman-Z score of 2.17. 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.
- The Altman-Z score of MITK (2.17) is better than 60.22% 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 63.87% 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 worse Debt to Equity ratio (0.65) than 70.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 2.89 | ||
| Altman-Z | 2.17 |
ROIC/WACC0.37
WACC9.95%
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 Current ratio of 1.19. This is in the lower half of the industry: MITK underperforms 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.
- 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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.19 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 11.34% over the past year.
- Measured over the past 5 years, MITK shows a small growth in Earnings Per Share. The EPS has been growing by 7.68% on average per year.
- The Revenue has been growing slightly by 4.42% in the past year.
- 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)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.
- MITK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.53% yearly.
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.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 12.06, MITK is valued correctly.
- Based on the Price/Earnings ratio, MITK is valued cheaply inside the industry as 84.31% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of MITK to the average of the S&P500 Index (26.99), we can say MITK is valued rather cheaply.
- MITK is valuated reasonably with a Price/Forward Earnings ratio of 11.61.
- Based on the Price/Forward Earnings ratio, MITK is valued cheaper than 81.75% 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 28.02.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.06 | ||
| Fwd PE | 11.61 |
4.2 Price Multiples
- 87.59% of the companies in the same industry are more expensive than MITK, based on the Enterprise Value to EBITDA ratio.
- MITK's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MITK is cheaper than 88.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.9 | ||
| EV/EBITDA | 10.37 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of MITK may justify a higher PE ratio.
PEG (NY)1.71
PEG (5Y)1.57
EPS Next 2Y7.55%
EPS Next 3Y7.76%
5. Dividend
5.1 Amount
- MITK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
13.03
-0.17 (-1.29%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-05 2026-02-05/amc
Earnings (Next)05-06 2026-05-06
Inst Owners77.55%
Inst Owner Change8.11%
Ins Owners2.92%
Ins Owner Change8.44%
Market Cap590.52M
Revenue(TTM)179.69M
Net Income(TTM)8.80M
Analysts81.82
Price Target14.03 (7.67%)
Short Float %4.9%
Short Ratio2.82
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)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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.06 | ||
| Fwd PE | 11.61 | ||
| P/S | 3.29 | ||
| P/FCF | 10.9 | ||
| P/OCF | 10.67 | ||
| P/B | 2.46 | ||
| P/tB | 8.81 | ||
| EV/EBITDA | 10.37 |
EPS(TTM)1.08
EY8.29%
EPS(NY)1.12
Fwd EY8.61%
FCF(TTM)1.2
FCFY9.18%
OCF(TTM)1.22
OCFY9.37%
SpS3.96
BVpS5.3
TBVpS1.48
PEG (NY)1.71
PEG (5Y)1.57
Graham Number11.35
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 | 2.17 |
F-Score6
WACC9.95%
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 7 / 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.