Mitek Return On Assets from 2010 to 2026

MITK Stock  USD 13.40  1.89  16.42%   
Mitek Systems Return On Assets yearly trend continues to be quite stable with very little volatility. Return On Assets may rise above 0.02 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Mitek Systems earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.0172
Current Value
0.0181
Quarterly Volatility
0.14653142
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Mitek Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mitek Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 21 M, Interest Expense of 8.5 M or Total Revenue of 217 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0 or PTB Ratio of 2.03. Mitek financial statements analysis is a perfect complement when working with Mitek Systems Valuation or Volatility modules.
  
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Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
Historical Return On Assets data for Mitek Systems serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Mitek Systems represents a compelling investment opportunity.

Latest Mitek Systems' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Mitek Systems over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Mitek Systems' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mitek Systems' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Mitek Return On Assets Regression Statistics

Arithmetic Mean(0.04)
Geometric Mean0.04
Coefficient Of Variation(417.93)
Mean Deviation0.10
Median0.02
Standard Deviation0.15
Sample Variance0.02
Range0.6653
R-Value0.52
Mean Square Error0.02
R-Squared0.27
Significance0.03
Slope0.02
Total Sum of Squares0.34

Mitek Return On Assets History

2026 0.0181
2025 0.0172
2024 0.0192
2023 0.007923
2022 0.0198
2021 0.0101
2020 0.019

About Mitek Systems Financial Statements

Mitek Systems investors utilize fundamental indicators, such as Return On Assets, to predict how Mitek Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.02  0.02 

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When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mitek Systems. Expected growth trajectory for Mitek significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Mitek Systems assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.35
Revenue Per Share
4.072
Quarterly Revenue Growth
0.188
Return On Assets
0.0384
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Mitek Systems' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mitek Systems represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Mitek Systems' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.