MITEK SYSTEMS INC (MITK) Stock Fundamental Analysis

NASDAQ:MITK • US6067102003

14.58 USD
-0.09 (-0.61%)
At close: Feb 27, 2026
14.51 USD
-0.07 (-0.48%)
After Hours: 2/27/2026, 8:19:32 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

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 an average financial health and profitability rating. MITK is not valued too expensively and it also shows a decent growth rate.


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.
  • MITK had positive earnings in each of the past 5 years.
  • MITK had a positive operating cash flow in each of the past 5 years.
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

  • MITK has a better Return On Assets (1.92%) than 62.41% of its industry peers.
  • The Return On Equity of MITK (3.66%) is better than 63.50% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 3.68%, MITK is in the better half of the industry, outperforming 68.98% of the companies in the same industry.
  • MITK had an Average Return On Invested Capital over the past 3 years of 3.01%. This is significantly below the industry average of 10.80%.
  • 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

  • With a decent Profit Margin value of 4.90%, MITK is doing good in the industry, outperforming 62.77% of the companies in the same industry.
  • 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 75.91% of its industry peers.
  • MITK's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 85.09%, MITK belongs to the top of the industry, outperforming 91.97% of the companies in the same industry.
  • MITK's Gross Margin has been stable in the last couple of years.
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
  • The number of shares outstanding for MITK has been increased compared to 5 years ago.
  • MITK has a better debt/assets ratio than last year.
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.
  • The Altman-Z score of MITK (2.38) is comparable to the rest of the 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.
  • Looking at the Debt to FCF ratio, with a value of 2.89, MITK is in the better half of 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.
  • Looking at the Debt to Equity ratio, with a value of 0.65, MITK is doing worse than 70.07% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 2.89
Altman-Z 2.38
ROIC/WACC0.37
WACC9.96%
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.
  • With a Current ratio value of 1.19, MITK is not doing good in the industry: 65.69% 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 worse Quick ratio (1.19) than 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.
  • 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.
  • Looking at the last year, MITK shows a small growth in Revenue. The Revenue has grown by 4.42% in the last 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

  • MITK is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.76% yearly.
  • 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

  • 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 13.50, MITK is valued correctly.
  • 81.75% of the companies in the same industry are more expensive than MITK, based on the Price/Earnings ratio.
  • MITK is valuated cheaply when we compare the Price/Earnings ratio to 27.10, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 12.99 indicates a correct valuation of MITK.
  • Based on the Price/Forward Earnings ratio, MITK is valued a bit cheaper than 79.20% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.06. MITK is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 13.5
Fwd PE 12.99
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

  • MITK's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MITK is cheaper than 82.85% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, MITK is valued cheaper than 86.50% of the companies in the same industry.
Industry RankSector Rank
P/FCF 12.19
EV/EBITDA 12.5
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 MITK does not grow enough to justify the current Price/Earnings ratio.
  • MITK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.92
PEG (5Y)1.76
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

  • 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 (2/27/2026, 8:19:32 PM)

After market: 14.51 -0.07 (-0.48%)

14.58

-0.09 (-0.61%)

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 Cap660.77M
Revenue(TTM)179.69M
Net Income(TTM)8.80M
Analysts81.82
Price Target14.03 (-3.77%)
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 13.5
Fwd PE 12.99
P/S 3.68
P/FCF 12.19
P/OCF 11.94
P/B 2.75
P/tB 9.86
EV/EBITDA 12.5
EPS(TTM)1.08
EY7.41%
EPS(NY)1.12
Fwd EY7.7%
FCF(TTM)1.2
FCFY8.2%
OCF(TTM)1.22
OCFY8.38%
SpS3.96
BVpS5.3
TBVpS1.48
PEG (NY)1.92
PEG (5Y)1.76
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
WACC9.96%
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.