Mitek Systems Net Income vs. Current Valuation
| MITK Stock | USD 13.09 0.11 0.83% |
Net Income | First Reported 1987-12-31 | Previous Quarter 1.9 M | Current Value 6 M | Quarterly Volatility 2.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.58 | 0.69 |
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For Mitek Systems profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mitek Systems to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mitek Systems utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mitek Systems's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mitek Systems over time as well as its relative position and ranking within its peers.
Mitek Systems' Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Mitek Systems Revenue Breakdown by Earning Segment
By analyzing Mitek Systems' earnings estimates, investors can diagnose different trends across Mitek Systems' analyst sentiment over time as well as compare current estimates against different timeframes.
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 | Quarterly Revenue Growth 0.188 | Return On Assets |
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.
Mitek Systems Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mitek Systems's current stock value. Our valuation model uses many indicators to compare Mitek Systems value to that of its competitors to determine the firm's financial worth. Mitek Systems is regarded fourth in net income category among its peers. It is rated top company in current valuation category among its peers reporting about 65.30 of Current Valuation per Net Income. At this time, Mitek Systems' Net Income is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Mitek Systems by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Mitek Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Mitek Systems |
| = | 8.8 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Mitek Systems |
| = | 574.4 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Mitek Current Valuation vs Competition
Mitek Systems is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is now estimated at about 3.51 Billion. Mitek Systems retains roughly 574.4 Million in current valuation claiming about 16% of equities under Information Technology industry.
Mitek Systems Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mitek Systems, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mitek Systems will eventually generate negative long term returns. The profitability progress is the general direction of Mitek Systems' change in net profit over the period of time. It can combine multiple indicators of Mitek Systems, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 527.4 K | 553.8 K | |
| Operating Income | 20.3 M | 21.3 M | |
| Net Income | 10.1 M | 10.6 M | |
| Income Tax Expense | 2.5 M | 2.7 M | |
| Income Before Tax | 13.4 M | 14 M | |
| Total Other Income Expense Net | -5.4 M | -5.1 M | |
| Net Income Applicable To Common Shares | 9.7 M | 10.2 M | |
| Net Income From Continuing Ops | 10.1 M | 10.6 M | |
| Non Operating Income Net Other | 752.1 K | 789.7 K | |
| Interest Income | 82.3 K | 73.2 K | |
| Net Interest Income | -8.8 M | -9.2 M | |
| Change To Netincome | 11.2 M | 6.1 M | |
| Net Income Per Share | 0.17 | 0.18 | |
| Income Quality | 5.66 | 5.95 | |
| Net Income Per E B T | 0.87 | 0.96 |
Mitek Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mitek Systems. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Mitek Systems position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Mitek Systems' important profitability drivers and their relationship over time.
Mitek Systems Earnings Estimation Breakdown
The calculation of Mitek Systems' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Mitek Systems is estimated to be 0.276 with the future projection ranging from a low of 0.25 to a high of 0.35. Please be aware that this consensus of annual earnings estimates for Mitek Systems is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.25 Lowest | Expected EPS | 0.35 Highest |
Mitek Systems Earnings Projection Consensus
Suppose the current estimates of Mitek Systems' value are higher than the current market price of the Mitek Systems stock. In this case, investors may conclude that Mitek Systems is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Mitek Systems' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2026 | Current EPS (TTM) | |
| 5 | 77.79% | 0.0 | 0.276 | 0.35 |
Mitek Systems Earnings per Share Projection vs Actual
Actual Earning per Share of Mitek Systems refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Mitek Systems predict the company's earnings will be in the future. The higher the earnings per share of Mitek Systems, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Mitek Systems Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Mitek Systems, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Mitek Systems should always be considered in relation to other companies to make a more educated investment decision.Mitek Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Mitek Systems' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
null | null | null | null | null | 0 | ||
2026-01-22 | 2025-12-31 | 0.18 | 0.26 | 0.08 | 44 | ||
2025-12-11 | 2025-09-30 | 0.17 | 0.24 | 0.07 | 41 | ||
2025-08-07 | 2025-06-30 | 0.19 | 0.05 | -0.14 | 73 | ||
2025-05-08 | 2025-03-31 | 0.2583 | 0.36 | 0.1017 | 39 | ||
2025-03-17 | 2024-12-31 | 0.092 | 0.15 | 0.058 | 63 | ||
2024-12-16 | 2024-09-30 | 0.17 | 0.33 | 0.16 | 94 | ||
2024-08-08 | 2024-06-30 | 0.26 | 0.25 | -0.01 | 3 | ||
2024-05-10 | 2024-03-31 | 0.27 | 0.24 | -0.03 | 11 | ||
2024-03-19 | 2023-12-31 | 0.14 | 0.15 | 0.01 | 7 | ||
2023-10-26 | 2023-09-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2023-09-14 | 2023-06-30 | 0.21 | 0.29 | 0.08 | 38 | ||
2023-06-29 | 2023-03-31 | 0.2 | 0.2 | 0.0 | 0 | ||
2023-03-27 | 2022-12-31 | 0.2 | 0.19 | -0.01 | 5 | ||
2022-12-30 | 2022-09-30 | 0.198 | 0.2 | 0.002 | 1 | ||
2022-07-28 | 2022-06-30 | 0.2 | 0.23 | 0.03 | 15 | ||
2022-04-28 | 2022-03-31 | 0.2 | 0.24 | 0.04 | 20 | ||
2022-01-27 | 2021-12-31 | 0.16 | 0.22 | 0.06 | 37 | ||
2021-11-04 | 2021-09-30 | 0.19 | 0.22 | 0.03 | 15 | ||
2021-07-29 | 2021-06-30 | 0.16 | 0.23 | 0.07 | 43 | ||
2021-04-29 | 2021-03-31 | 0.14 | 0.16 | 0.02 | 14 | ||
2021-01-28 | 2020-12-31 | 0.13 | 0.14 | 0.01 | 7 | ||
2020-11-05 | 2020-09-30 | 0.14 | 0.26 | 0.12 | 85 | ||
2020-07-30 | 2020-06-30 | 0.1 | 0.16 | 0.06 | 60 | ||
2020-04-30 | 2020-03-31 | 0.1 | 0.13 | 0.03 | 30 | ||
2020-01-30 | 2019-12-31 | 0.07 | 0.12 | 0.05 | 71 | ||
2019-11-07 | 2019-09-30 | 0.18 | 0.21 | 0.03 | 16 | ||
2019-07-25 | 2019-06-30 | 0.11 | 0.12 | 0.01 | 9 | ||
2019-05-01 | 2019-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2019-01-29 | 2018-12-31 | 0.02 | 0.03 | 0.01 | 50 | ||
2018-11-01 | 2018-09-30 | 0.09 | 0.14 | 0.05 | 55 | ||
2018-07-26 | 2018-06-30 | 0.03 | 0.06 | 0.03 | 100 | ||
2018-05-01 | 2018-03-31 | 0.04 | 0.06 | 0.02 | 50 | ||
2018-01-25 | 2017-12-31 | 0.02 | 0.03 | 0.01 | 50 | ||
2017-11-07 | 2017-09-30 | 0.09 | 0.11 | 0.02 | 22 | ||
2017-07-27 | 2017-06-30 | 0.08 | 0.1 | 0.02 | 25 | ||
2017-04-27 | 2017-03-31 | 0.06 | 0.08 | 0.02 | 33 | ||
2017-02-02 | 2016-12-31 | 0.03 | 0.03 | 0.0 | 0 | ||
2016-11-03 | 2016-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2016-07-28 | 2016-06-30 | 0.04 | 0.07 | 0.03 | 75 | ||
2016-04-28 | 2016-03-31 | 0.04 | 0.07 | 0.03 | 75 | ||
2016-01-28 | 2015-12-31 | 0.02 | 0.04 | 0.02 | 100 | ||
2015-11-05 | 2015-09-30 | 0.03 | 0.09 | 0.06 | 200 | ||
2015-07-23 | 2015-06-30 | 0.04 | 0.07 | 0.03 | 75 | ||
2015-04-30 | 2015-03-31 | 0.03 | 0.05 | 0.02 | 66 | ||
2015-01-29 | 2014-12-31 | -0.08 | 0.05 | 0.13 | 162 | ||
2014-11-06 | 2014-09-30 | -0.06 | 1.0E-4 | 0.0601 | 100 | ||
2014-07-24 | 2014-06-30 | -0.08 | -0.05 | 0.03 | 37 | ||
2014-05-01 | 2014-03-31 | -0.07 | -0.07 | 0.0 | 0 | ||
2014-02-06 | 2013-12-31 | -0.08 | -0.05 | 0.03 | 37 | ||
2013-11-07 | 2013-09-30 | -0.08 | -0.05 | 0.03 | 37 | ||
2013-07-25 | 2013-06-30 | -0.08 | -0.08 | 0.0 | 0 | ||
2013-05-07 | 2013-03-31 | -0.08 | -0.09 | -0.01 | 12 | ||
2013-01-31 | 2012-12-31 | -0.07 | -0.05 | 0.02 | 28 | ||
2012-11-07 | 2012-09-30 | -0.06 | -0.12 | -0.06 | 100 | ||
2012-07-24 | 2012-06-30 | -0.02 | -0.08 | -0.06 | 300 | ||
2012-05-02 | 2012-03-31 | 0.02 | -0.11 | -0.13 | 650 | ||
2012-02-07 | 2011-12-31 | 0.01 | 9.0E-4 | -0.0091 | 91 | ||
2011-11-14 | 2011-09-30 | 0.02 | -0.01 | -0.03 | 150 | ||
2011-08-08 | 2011-06-30 | -0.06 | 0.01 | 0.07 | 116 | ||
2001-07-17 | 2001-06-30 | -0.05 | 0.05 | 0.1 | 200 | ||
2001-04-24 | 2001-03-31 | 0.04 | -0.05 | -0.09 | 225 | ||
2001-01-23 | 2000-12-31 | 0.04 | -0.02 | -0.06 | 150 | ||
null | null | null | null | null | 0 | ||
1997-04-23 | 1997-03-31 | 0.02 | 0.02 | 0.0 | 0 |
Use Mitek Systems in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mitek Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mitek Systems will appreciate offsetting losses from the drop in the long position's value.Mitek Systems Pair Trading
Mitek Systems Pair Trading Analysis
The ability to find closely correlated positions to Mitek Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mitek Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mitek Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mitek Systems to buy it.
The correlation of Mitek Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mitek Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mitek Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mitek Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Mitek Systems position
In addition to having Mitek Systems in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Value Funds Thematic Idea Now
Small Value Funds
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 36 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Value Funds Theme or any other thematic opportunities.
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Check out Correlation Analysis. For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
To fully project Mitek Systems' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mitek Systems at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Mitek Systems' income statement, its balance sheet, and the statement of cash flows.