Mitek Systems Net Worth

Mitek Systems Net Worth Breakdown

  MITK
The net worth of Mitek Systems is the difference between its total assets and liabilities. Mitek Systems' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Mitek Systems' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Mitek Systems' net worth can be used as a measure of its financial health and stability which can help investors to decide if Mitek Systems is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Mitek Systems stock.

Mitek Systems Net Worth Analysis

Mitek Systems' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Mitek Systems' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Mitek Systems' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Mitek Systems' net worth analysis. One common approach is to calculate Mitek Systems' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Mitek Systems' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Mitek Systems' net worth. This approach calculates the present value of Mitek Systems' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Mitek Systems' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Mitek Systems' net worth. This involves comparing Mitek Systems' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Mitek Systems' net worth relative to its peers.

Enterprise Value

220.39 Million

To determine if Mitek Systems is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Mitek Systems' net worth research are outlined below:
Mitek Systems uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Mitek Systems. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Mitek Systems' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
3rd of September 2024
Upcoming Quarterly Report
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12th of September 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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4th of July 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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30th of September 2022
Last Financial Announcement
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Know Mitek Systems' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Mitek Systems is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Mitek Systems backward and forwards among themselves. Mitek Systems' institutional investor refers to the entity that pools money to purchase Mitek Systems' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Ranger Investment Management Lp2024-09-30
758.2 K
Thompson, Siegel & Walmsley Llc2024-09-30
756.9 K
Ameriprise Financial Inc2024-09-30
645.8 K
Silvercrest Asset Management Group Llc2024-09-30
499.3 K
Invenomic Capital Management, Lp2024-09-30
469.2 K
Acadian Asset Management Llc2024-09-30
441.7 K
Northern Trust Corp2024-09-30
430.2 K
Lsv Asset Management2024-09-30
424 K
Nomura Holdings Inc2024-09-30
417.7 K
Blackrock Inc2024-09-30
3.9 M
Vanguard Group Inc2024-09-30
3.6 M
Note, although Mitek Systems' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Mitek Systems' market capitalization trends

The company currently falls under 'Small-Cap' category with a current market capitalization of 461.36 M.

Market Cap

228.22 Million

Project Mitek Systems' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.01  0.01 
Return On Assets 0.01  0.01 
Return On Equity 0.02  0.02 
The company has Profit Margin (PM) of (0.04) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.
When accessing Mitek Systems' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Mitek Systems' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Mitek Systems' profitability and make more informed investment decisions.

Evaluate Mitek Systems' management efficiency

Return On Tangible Assets is expected to rise to 0.01 this year. Return On Capital Employed is expected to rise to 0.01 this year. At this time, Mitek Systems' Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 499.6 M this year, although the value of Change To Liabilities will most likely fall to about 1.5 M. Mitek Systems' management efficiency ratios could be used to measure how well Mitek Systems manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 4.15  4.36 
Tangible Book Value Per Share 0.56  0.42 
Enterprise Value Over EBITDA 16.35  17.60 
Price Book Value Ratio 1.69  1.61 
Enterprise Value Multiple 16.35  17.60 
Price Fair Value 1.69  1.61 
Enterprise Value209.9 M220.4 M
Understanding the operational decisions made by Mitek Systems management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue
2.7873
Revenue
166.5 M
Quarterly Revenue Growth
0.044
Revenue Per Share
3.59
Return On Equity
(0.03)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Mitek Systems insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mitek Systems' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Mitek Systems insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Mitek Systems Corporate Filings

28th of January 2025
Other Reports
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8K
16th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
12th of December 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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14th of November 2024
Other Reports
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Mitek Systems time-series forecasting models is one of many Mitek Systems' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mitek Systems' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Mitek Systems Earnings per Share Projection vs Actual

Mitek Systems Corporate Management

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitek Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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. If investors know Mitek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mitek Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
0.07
Revenue Per Share
3.59
Quarterly Revenue Growth
0.044
Return On Assets
(0.01)
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.
Please note, there is a significant difference between Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.