Mitek Systems Valuation
| MITK Stock | USD 10.05 0.03 0.30% |
At this time, the firm appears to be undervalued. Mitek Systems secures a last-minute Real Value of $11.4 per share. The latest price of the firm is $10.05. Our model forecasts the value of Mitek Systems from analyzing the firm fundamentals such as Current Valuation of 417.44 M, return on equity of 0.0387, and Profit Margin of 0.05 % as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Mitek Systems' valuation include:
Price Book 1.8949 | Enterprise Value | Enterprise Value Ebitda 11.3292 | Price Sales 2.5507 | Forward PE 9.7943 |
Undervalued
Today
Please note that Mitek Systems' price fluctuation is not too volatile at this time. Calculation of the real value of Mitek Systems is based on 3 months time horizon. Increasing Mitek Systems' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Mitek Systems' intrinsic value may or may not be the same as its current market price of 10.05, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.05 | Real 11.4 | Target 13.75 | Hype 9.94 | Naive 10.52 |
The intrinsic value of Mitek Systems' stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Mitek Systems' stock price.
Estimating the potential upside or downside of Mitek Systems helps investors to forecast how Mitek stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mitek Systems more accurately as focusing exclusively on Mitek Systems' fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Mitek Systems' intrinsic value based on its ongoing forecasts of Mitek Systems' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Mitek Systems' closest peers.
Mitek Systems Cash |
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Mitek Revenue by Product
Mitek Systems Total Value Analysis
Mitek Systems is now anticipated to have valuation of 417.44 M with market capitalization of 458.34 M, debt of 159.49 M, and cash on hands of 71.05 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Mitek Systems fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
417.44 M | 458.34 M | 159.49 M | 71.05 M |
Mitek Systems Investor Information
About 78.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.89. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mitek Systems has Price/Earnings To Growth (PEG) ratio of 1.28. The entity had not issued any dividends in recent years. Based on the key indicators related to Mitek Systems' liquidity, profitability, solvency, and operating efficiency, Mitek Systems is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in March.Mitek Systems Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Mitek Systems has an asset utilization ratio of 39.14 percent. This suggests that the Company is making $0.39 for each dollar of assets. An increasing asset utilization means that Mitek Systems is more efficient with each dollar of assets it utilizes for everyday operations.Mitek Systems Profitability Analysis
Based on Mitek Systems' profitability indicators, Mitek Systems is performing exceptionally good at the present time. It has a great chance to showcase excellent profitability results in March. Profitability indicators assess Mitek Systems' ability to earn profits and add value for shareholders.Net Income | First Reported 1987-12-31 | Previous Quarter 2.4 M | Current Value 1.9 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 Earnings per Share Projection vs Actual
The next projected EPS of Mitek Systems is estimated to be 0.2545 with future projections ranging from a low of 0.235 to a high of 0.2725. Mitek Systems' most recent 12-month trailing earnings per share (EPS TTM) is at 0.19. Please be aware that the consensus of earnings estimates for Mitek Systems is based on EPS before non-recurring items and includes expenses related to employee stock options.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 0.2545 with the future projection ranging from a low of 0.235 to a high of 0.2725. 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
0.23 Lowest | Expected EPS | 0.27 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 September 2026 | Current EPS (TTM) | |
| 5 | 76.59% | 0.0 | 0.2545 | 0.19 |
Mitek Systems Ownership Allocation
Mitek Systems maintains a total of 45.3 Million outstanding shares. The majority of Mitek Systems outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Mitek Systems to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Mitek Systems. Please pay attention to any change in the institutional holdings of Mitek Systems as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.Mitek Systems Profitability Analysis
The company reported the previous year's revenue of 179.69 M. Net Income was 8.8 M with profit before overhead, payroll, taxes, and interest of 152.9 M.About Mitek Systems Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Mitek Systems. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Mitek Systems based exclusively on its fundamental and basic technical indicators. By analyzing Mitek Systems's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Mitek Systems's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mitek Systems. We calculate exposure to Mitek Systems's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mitek Systems's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 157.4 M | 165.3 M | |
| Pretax Profit Margin | 0.06 | 0.06 | |
| Operating Profit Margin | 0.09 | 0.09 | |
| Net Profit Margin | 0.04 | 0.05 | |
| Gross Profit Margin | 0.69 | 0.58 |
Mitek Systems Growth Indicators
Investing in growth stocks can be very risky. If the company such as Mitek Systems does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 46.9 M | |
| Quarterly Earnings Growth Y O Y | -0.782 | |
| Forward Price Earnings | 9.7943 |
Mitek Systems Current Valuation Indicators
Mitek Systems' valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Mitek Systems' valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Mitek Systems, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Mitek Systems' valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Mitek Systems' worth.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 population. For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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 0.19 | Revenue Per Share | Quarterly Revenue Growth 0.036 | 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.