10.33 USD
-0.13 (-1.24%)
MITK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 276 industry peers in the Software industry. MITK has only an average score on both its financial health and profitability. MITK is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
- MITK had positive earnings in the past year.
- In the past year MITK had a positive cash flow from operations.
- 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
- Looking at the Return On Assets, with a value of 1.92%, MITK is in the better half of the industry, outperforming 61.96% of the companies in the same industry.
- MITK has a better Return On Equity (3.66%) than 64.13% of its industry peers.
- The Return On Invested Capital of MITK (3.68%) is better than 70.29% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MITK is significantly below the industry average of 10.78%.
- The 3 year average ROIC (3.01%) for MITK is below the current ROIC(3.68%), indicating increased profibility in the last year.
| 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's Profit Margin of 4.90% is fine compared to the rest of the industry. MITK outperforms 63.41% of its industry peers.
- MITK's Profit Margin has declined in the last couple of years.
- The Operating Margin of MITK (10.87%) is better than 76.45% of its industry peers.
- 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 92.75% 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 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.
- MITK has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for MITK has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 1.86 indicates that MITK is not a great score, but indicates only limited risk for bankruptcy at the moment.
- MITK has a Altman-Z score (1.86) which is in line with 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.
- MITK has a better Debt to FCF ratio (2.89) than 64.86% of its industry peers.
- 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 69.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 2.89 | ||
| Altman-Z | 1.86 |
ROIC/WACC0.38
WACC9.77%
2.3 Liquidity
- A Current Ratio of 1.19 indicates that MITK should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.19, MITK is not doing good in the industry: 65.94% of the companies in the same industry are doing better.
- 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%.
- 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.
- 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)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.
- The Revenue is expected to grow by 8.11% on average over the next years. This is quite good.
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
- 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 10.65, the valuation of MITK can be described as very reasonable.
- Based on the Price/Earnings ratio, MITK is valued cheaper than 88.04% of the companies in the same industry.
- When comparing the Price/Earnings ratio of MITK to the average of the S&P500 Index (27.30), we can say MITK is valued rather cheaply.
- MITK is valuated reasonably with a Price/Forward Earnings ratio of 9.26.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MITK indicates a rather cheap valuation: MITK is cheaper than 88.77% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of MITK to the average of the S&P500 Index (24.04), we can say MITK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.65 | ||
| Fwd PE | 9.26 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MITK is valued cheaply inside the industry as 92.75% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, MITK is valued cheaply inside the industry as 94.57% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.7 | ||
| EV/EBITDA | 7.14 |
4.3 Compensation for Growth
- The 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)0.71
PEG (5Y)1.39
EPS Next 2Y7.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- MITK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:MITK (1/14/2026, 12:43:03 PM)
10.33
-0.13 (-1.24%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)12-11 2025-12-11/amc
Earnings (Next)01-22 2026-01-22
Inst Owners77.55%
Inst Owner Change0.06%
Ins Owners2.92%
Ins Owner Change8.33%
Market Cap471.56M
Revenue(TTM)179.69M
Net Income(TTM)8.80M
Analysts81.82
Price Target13.52 (30.88%)
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 | 10.65 | ||
| Fwd PE | 9.26 | ||
| P/S | 2.62 | ||
| P/FCF | 8.7 | ||
| P/OCF | 8.52 | ||
| P/B | 1.96 | ||
| P/tB | 7.04 | ||
| EV/EBITDA | 7.14 |
EPS(TTM)0.97
EY9.39%
EPS(NY)1.12
Fwd EY10.8%
FCF(TTM)1.19
FCFY11.49%
OCF(TTM)1.21
OCFY11.74%
SpS3.94
BVpS5.26
TBVpS1.47
PEG (NY)0.71
PEG (5Y)1.39
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 | 1.86 |
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.