Mitek Systems Statistics
Total Valuation
Mitek Systems has a market cap or net worth of $513.41 million. The enterprise value is $534.40 million.
Important Dates
The last earnings date was Monday, December 16, 2024, after market close.
| Earnings Date | Dec 16, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Mitek Systems has 44.92 million shares outstanding. The number of shares has increased by 2.17% in one year.
| Current Share Class | 44.92M |
| Shares Outstanding | 44.92M |
| Shares Change (YoY) | +2.17% |
| Shares Change (QoQ) | -3.59% |
| Owned by Insiders (%) | 1.61% |
| Owned by Institutions (%) | 78.38% |
| Float | 44.19M |
Valuation Ratios
The trailing PE ratio is 163.29 and the forward PE ratio is 13.01.
| PE Ratio | 163.29 |
| Forward PE | 13.01 |
| PS Ratio | 3.09 |
| Forward PS | 2.81 |
| PB Ratio | 2.39 |
| P/TBV Ratio | 17.65 |
| P/FCF Ratio | 16.97 |
| P/OCF Ratio | 16.20 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 26.59, with an EV/FCF ratio of 17.67.
| EV / Earnings | 163.03 |
| EV / Sales | 3.11 |
| EV / EBITDA | 26.59 |
| EV / EBIT | 130.85 |
| EV / FCF | 17.67 |
Financial Position
The company has a current ratio of 4.39, with a Debt / Equity ratio of 0.70.
| Current Ratio | 4.39 |
| Quick Ratio | 4.22 |
| Debt / Equity | 0.70 |
| Debt / EBITDA | 6.72 |
| Debt / FCF | 5.00 |
| Interest Coverage | 0.44 |
Financial Efficiency
Return on equity (ROE) is 1.56% and return on invested capital (ROIC) is 0.72%.
| Return on Equity (ROE) | 1.56% |
| Return on Assets (ROA) | 0.62% |
| Return on Capital (ROIC) | 0.72% |
| Revenue Per Employee | $291,666 |
| Profits Per Employee | $5,556 |
| Employee Count | 590 |
| Asset Turnover | 0.42 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -4.19M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -11.53% in the last 52 weeks. The beta is 1.12, so Mitek Systems's price volatility has been higher than the market average.
| Beta (5Y) | 1.12 |
| 52-Week Price Change | -11.53% |
| 50-Day Moving Average | 9.22 |
| 200-Day Moving Average | 10.86 |
| Relative Strength Index (RSI) | 75.15 |
| Average Volume (20 Days) | 833,871 |
Short Selling Information
The latest short interest is 3.78 million, so 8.41% of the outstanding shares have been sold short.
| Short Interest | 3.78M |
| Short Previous Month | 4.13M |
| Short % of Shares Out | 8.41% |
| Short % of Float | 8.54% |
| Short Ratio (days to cover) | 8.63 |
Income Statement
In the last 12 months, Mitek Systems had revenue of $172.08 million and earned $3.28 million in profits. Earnings per share was $0.07.
| Revenue | 172.08M |
| Gross Profit | 147.69M |
| Operating Income | 4.08M |
| Pretax Income | -11.68M |
| Net Income | 3.28M |
| EBITDA | 20.10M |
| EBIT | 4.08M |
| Earnings Per Share (EPS) | $0.07 |
Full Income StatementBalance Sheet
The company has $130.34 million in cash and $151.34 million in debt, giving a net cash position of -$21.00 million or -$0.47 per share.
| Cash & Cash Equivalents | 130.34M |
| Total Debt | 151.34M |
| Net Cash | -21.00M |
| Net Cash Per Share | -$0.47 |
| Equity (Book Value) | 214.80M |
| Book Value Per Share | 4.77 |
| Working Capital | 142.90M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $31.69 million and capital expenditures -$1.44 million, giving a free cash flow of $30.25 million.
| Operating Cash Flow | 31.69M |
| Capital Expenditures | -1.44M |
| Free Cash Flow | 30.25M |
| FCF Per Share | $0.67 |
Full Cash Flow StatementMargins
Gross margin is 85.82%, with operating and profit margins of 2.37% and 1.90%.
| Gross Margin | 85.82% |
| Operating Margin | 2.37% |
| Pretax Margin | -0.53% |
| Profit Margin | 1.90% |
| EBITDA Margin | 11.68% |
| EBIT Margin | 2.37% |
| FCF Margin | 17.58% |
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 | -2.17% |
| Shareholder Yield | -2.17% |
| Earnings Yield | 0.64% |
| FCF Yield | 5.89% |
Analyst Forecast
The average price target for Mitek Systems is $12.63, which is 10.50% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $12.63 |
| Price Target Difference | 10.50% |
| 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 2.37 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.37 |
| Piotroski F-Score | 5 |