MITEK SYSTEMS INC (MITK) Stock Fundamental Analysis
NASDAQ:MITK • US6067102003
11.51 USD
+0.35 (+3.14%)
At close: Feb 12, 2026
11.28 USD
-0.23 (-2%)
After Hours: 2/12/2026, 5:20:00 PM
We assign a fundamental rating of 5 out of 10 to MITK. MITK was compared to 277 industry peers in the Software industry. MITK has an average financial health and profitability rating. MITK scores decently on growth, while it is valued quite cheap. This could make an interesting 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.
- 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.
1.2 Ratios
- The Return On Assets of MITK (1.92%) is better than 62.09% of its industry peers.
- MITK's Return On Equity of 3.66% is fine compared to the rest of the industry. MITK outperforms 64.26% 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 69.68% 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 10.83%.
- 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 63.54% of the companies in the same industry.
- In the last couple of years the Profit Margin of MITK has declined.
- Looking at the Operating Margin, with a value of 10.87%, MITK is in the better half of the industry, outperforming 76.17% of the companies in the same industry.
- MITK's Operating Margin has declined in the last couple of years.
- MITK's Gross Margin of 85.09% is amongst the best of the industry. MITK outperforms 92.06% 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
- MITK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
- Compared to 1 year ago, MITK has an improved debt to assets ratio.
2.2 Solvency
- MITK has an Altman-Z score of 1.94. 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 (1.94) 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.
- MITK has a Debt to FCF ratio of 2.89. This is in the better half of the industry: MITK outperforms 64.26% 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.
- MITK's Debt to Equity ratio of 0.65 is on the low side compared to the rest of the industry. MITK is outperformed by 70.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 2.89 | ||
| Altman-Z | 1.94 |
ROIC/WACC0.37
WACC9.91%
2.3 Liquidity
- A Current Ratio of 1.19 indicates that MITK should not have too much problems paying its short term obligations.
- MITK has a worse Current ratio (1.19) than 65.34% 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.
- The Quick ratio of MITK (1.19) is worse than 64.62% of its industry peers.
| 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.
- 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.
- 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
- The Earnings Per Share is expected to grow by 7.76% on average over the next years.
- Based on estimates for the next years, MITK will show a quite strong growth in Revenue. The Revenue will grow by 8.53% on average per year.
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.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 10.66, the valuation of MITK can be described as reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of MITK indicates a rather cheap valuation: MITK is cheaper than 87.73% of the companies listed in the same industry.
- MITK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.67.
- With a Price/Forward Earnings ratio of 10.26, the valuation of MITK can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, MITK is valued cheaper than 85.20% of the companies in the same industry.
- MITK is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.66 | ||
| Fwd PE | 10.26 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MITK is valued cheaper than 89.89% of the companies in the same industry.
- MITK's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MITK is cheaper than 91.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.63 | ||
| EV/EBITDA | 7.95 |
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)1.51
PEG (5Y)1.39
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% |
11.51
+0.35 (+3.14%)
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 Change1.16%
Ins Owners2.92%
Ins Owner Change8.44%
Market Cap521.63M
Revenue(TTM)179.69M
Net Income(TTM)8.80M
Analysts81.82
Price Target14.03 (21.89%)
Short Float %5.22%
Short Ratio3.52
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)-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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.66 | ||
| Fwd PE | 10.26 | ||
| P/S | 2.9 | ||
| P/FCF | 9.63 | ||
| P/OCF | 9.43 | ||
| P/B | 2.17 | ||
| P/tB | 7.79 | ||
| EV/EBITDA | 7.95 |
EPS(TTM)1.08
EY9.38%
EPS(NY)1.12
Fwd EY9.75%
FCF(TTM)1.2
FCFY10.39%
OCF(TTM)1.22
OCFY10.61%
SpS3.96
BVpS5.3
TBVpS1.48
PEG (NY)1.51
PEG (5Y)1.39
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 | 1.94 |
F-Score6
WACC9.91%
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 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.