11.4901 USD
-0.32 (-2.71%)
Last: Feb 10, 2026, 10:30 AM
MITK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 277 industry peers in the Software industry. MITK has an average financial health and profitability rating. 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.
- MITK had a positive operating cash flow in the past year.
- In the past 5 years MITK has always been profitable.
- Each year in the past 5 years MITK had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 1.92%, MITK is doing good in the industry, outperforming 62.09% of the companies in the same industry.
- MITK has a better Return On Equity (3.66%) than 64.26% of its industry peers.
- MITK's Return On Invested Capital of 3.68% is fine compared to the rest of the industry. MITK outperforms 69.68% of its industry peers.
- MITK had an Average Return On Invested Capital over the past 3 years of 3.01%. This is significantly below the industry average of 10.91%.
- 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 has a better Profit Margin (4.90%) than 63.54% of its industry peers.
- 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.
- In the last couple of years the Operating Margin of MITK has declined.
- MITK's Gross Margin of 85.09% is amongst the best of the industry. MITK outperforms 92.06% 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.
- Compared to 1 year ago, MITK has more shares outstanding
- MITK has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, MITK has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.03 indicates that MITK is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.03, MITK is in line with its industry, outperforming 54.87% of the companies in the same industry.
- 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.
- Looking at the Debt to FCF ratio, with a value of 2.89, MITK is in the better half of the industry, outperforming 64.26% of the companies in the same industry.
- MITK has a Debt/Equity ratio of 0.65. This is a neutral value indicating MITK is somewhat dependend on debt financing.
- MITK has a worse Debt to Equity ratio (0.65) than 70.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 2.89 | ||
| Altman-Z | 2.03 |
ROIC/WACC0.37
WACC10.01%
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: 64.98% 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's Quick ratio of 1.19 is on the low side compared to the rest of the industry. MITK is outperformed by 64.26% 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.
- The Earnings Per Share has been growing slightly by 7.68% on average over the past years.
- 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)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%18.75%
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 8.20% on average per year.
EPS Next Y7.05%
EPS Next 2Y7.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.66%
Revenue Next 2Y8.2%
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
- Based on the Price/Earnings ratio of 10.64, the valuation of MITK can be described as reasonable.
- Based on the Price/Earnings ratio, MITK is valued cheaply inside the industry as 87.36% of the companies are valued more expensively.
- MITK is valuated cheaply when we compare the Price/Earnings ratio to 28.06, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 10.24, the valuation of MITK can be described as very reasonable.
- 84.84% of the companies in the same industry are more expensive than MITK, based on the Price/Forward Earnings ratio.
- MITK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.64 | ||
| Fwd PE | 10.24 |
4.2 Price Multiples
- 89.89% 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 89.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.68 | ||
| EV/EBITDA | 8.9 |
4.3 Compensation for Growth
- MITK's 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 3YN/A
5. Dividend
5.1 Amount
- No dividends for MITK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:MITK (2/10/2026, 10:30:39 AM)
11.4901
-0.32 (-2.71%)
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 Cap524.52M
Revenue(TTM)179.69M
Net Income(TTM)8.80M
Analysts81.82
Price Target14.03 (22.11%)
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 | 10.64 | ||
| Fwd PE | 10.24 | ||
| P/S | 2.92 | ||
| P/FCF | 9.68 | ||
| P/OCF | 9.48 | ||
| P/B | 2.18 | ||
| P/tB | 7.83 | ||
| EV/EBITDA | 8.9 |
EPS(TTM)1.08
EY9.4%
EPS(NY)1.12
Fwd EY9.76%
FCF(TTM)1.19
FCFY10.33%
OCF(TTM)1.21
OCFY10.55%
SpS3.94
BVpS5.26
TBVpS1.47
PEG (NY)1.51
PEG (5Y)1.39
Graham Number11.31
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 | 2.03 |
F-Score6
WACC10.01%
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 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.42%
Revenue growth 3Y7.68%
Revenue growth 5Y12.15%
Sales Q2Q%18.75%
Revenue Next Year8.66%
Revenue Next 2Y8.2%
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 7.05% in the next year.