Mitek Systems Statistics
Total Valuation
Mitek Systems has a market cap or net worth of $444.48 million. The enterprise value is $462.19 million.
Important Dates
The last earnings date was Thursday, May 8, 2025, after market close.
| Earnings Date | May 8, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Mitek Systems has 45.56 million shares outstanding. The number of shares has increased by 2.82% in one year.
| Current Share Class | 45.56M |
| Shares Outstanding | 45.56M |
| Shares Change (YoY) | +2.82% |
| Shares Change (QoQ) | +3.13% |
| Owned by Insiders (%) | 1.92% |
| Owned by Institutions (%) | 77.22% |
| Float | 44.69M |
Valuation Ratios
The trailing PE ratio is 34.13 and the forward PE ratio is 10.95.
| PE Ratio | 34.13 |
| Forward PE | 10.95 |
| PS Ratio | 2.53 |
| Forward PS | 2.43 |
| PB Ratio | 2.01 |
| P/TBV Ratio | 9.47 |
| P/FCF Ratio | 9.45 |
| P/OCF Ratio | 9.20 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 13.52, with an EV/FCF ratio of 9.81.
| EV / Earnings | 34.68 |
| EV / Sales | 2.61 |
| EV / EBITDA | 13.52 |
| EV / EBIT | 24.69 |
| EV / FCF | 9.81 |
Financial Position
The company has a current ratio of 1.04, with a Debt / Equity ratio of 0.70.
| Current Ratio | 1.04 |
| Quick Ratio | 1.01 |
| Debt / Equity | 0.70 |
| Debt / EBITDA | 4.24 |
| Debt / FCF | 3.25 |
| Interest Coverage | 1.97 |
Financial Efficiency
Return on equity (ROE) is 6.11% and return on invested capital (ROIC) is 3.18%.
| Return on Equity (ROE) | 6.11% |
| Return on Assets (ROA) | 2.78% |
| Return on Invested Capital (ROIC) | 3.18% |
| Return on Capital Employed (ROCE) | 8.15% |
| Revenue Per Employee | $281,557 |
| Profits Per Employee | $21,157 |
| Employee Count | 630 |
| Asset Turnover | 0.42 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -1.13M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -26.33% in the last 52 weeks. The beta is 1.11, so Mitek Systems's price volatility has been higher than the market average.
| Beta (5Y) | 1.11 |
| 52-Week Price Change | -26.33% |
| 50-Day Moving Average | 8.48 |
| 200-Day Moving Average | 9.34 |
| Relative Strength Index (RSI) | 73.62 |
| Average Volume (20 Days) | 387,218 |
Short Selling Information
The latest short interest is 2.77 million, so 6.07% of the outstanding shares have been sold short.
| Short Interest | 2.77M |
| Short Previous Month | 2.79M |
| Short % of Shares Out | 6.07% |
| Short % of Float | 6.19% |
| Short Ratio (days to cover) | 6.75 |
Income Statement
In the last 12 months, Mitek Systems had revenue of $177.38 million and earned $13.33 million in profits. Earnings per share was $0.29.
| Revenue | 177.38M |
| Gross Profit | 152.26M |
| Operating Income | 18.72M |
| Pretax Income | -11.68M |
| Net Income | 13.33M |
| EBITDA | 34.19M |
| EBIT | 18.72M |
| Earnings Per Share (EPS) | $0.29 |
Full Income StatementBalance Sheet
The company has $136.17 million in cash and $153.20 million in debt, giving a net cash position of -$17.03 million or -$0.37 per share.
| Cash & Cash Equivalents | 136.17M |
| Total Debt | 153.20M |
| Net Cash | -17.03M |
| Net Cash Per Share | -$0.37 |
| Equity (Book Value) | 220.21M |
| Book Value Per Share | 4.84 |
| Working Capital | 8.35M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $48.40 million and capital expenditures -$1.28 million, giving a free cash flow of $47.11 million.
| Operating Cash Flow | 48.40M |
| Capital Expenditures | -1.28M |
| Free Cash Flow | 47.11M |
| FCF Per Share | $1.03 |
Full Cash Flow StatementMargins
Gross margin is 85.84%, with operating and profit margins of 10.55% and 7.51%.
| Gross Margin | 85.84% |
| Operating Margin | 10.55% |
| Pretax Margin | 6.88% |
| Profit Margin | 7.51% |
| EBITDA Margin | 19.27% |
| EBIT Margin | 10.55% |
| FCF Margin | 26.56% |
Dividends & Yields
Mitek Systems does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -2.82% |
| Shareholder Yield | -2.82% |
| Earnings Yield | 2.99% |
| FCF Yield | 10.58% |
Analyst Forecast
The average price target for Mitek Systems is $12.88, which is 32.04% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $12.88 |
| Price Target Difference | 32.04% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Mitek Systems has an Altman Z-Score of 1.91 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.91 |
| Piotroski F-Score | 7 |