Mitek Systems Statistics
Total Valuation
Mitek Systems has a market cap or net worth of $410.75 million. The enterprise value is $434.67 million.
Important Dates
The last earnings date was Thursday, August 8, 2024, after market close.
| Earnings Date | Aug 8, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Mitek Systems has 46.20 million shares outstanding. The number of shares has increased by 0.64% in one year.
| Current Share Class | 46.20M |
| Shares Outstanding | 46.20M |
| Shares Change (YoY) | +0.64% |
| Shares Change (QoQ) | +0.55% |
| Owned by Insiders (%) | 1.44% |
| Owned by Institutions (%) | 76.07% |
| Float | 45.54M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 11.52 |
| PS Ratio | 2.48 |
| Forward PS | 2.11 |
| PB Ratio | 1.96 |
| P/TBV Ratio | 14.56 |
| P/FCF Ratio | 32.79 |
| P/OCF Ratio | 29.22 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 36.94, with an EV/FCF ratio of 34.70.
| EV / Earnings | n/a |
| EV / Sales | 2.61 |
| EV / EBITDA | 36.94 |
| EV / EBIT | n/a |
| EV / FCF | 34.70 |
Financial Position
The company has a current ratio of 4.46, with a Debt / Equity ratio of 0.70.
| Current Ratio | 4.46 |
| Quick Ratio | 4.13 |
| Debt / Equity | 0.70 |
| Debt / EBITDA | 10.42 |
| Debt / FCF | 11.73 |
| Interest Coverage | -0.50 |
Financial Efficiency
Return on equity (ROE) is -3.23% and return on invested capital (ROIC) is -0.82%.
| Return on Equity (ROE) | -3.23% |
| Return on Assets (ROA) | -0.70% |
| Return on Capital (ROIC) | -0.82% |
| Revenue Per Employee | $282,232 |
| Profits Per Employee | -$11,422 |
| Employee Count | 590 |
| Asset Turnover | 0.40 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -4.94M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -18.14% in the last 52 weeks. The beta is 1.07, so Mitek Systems's price volatility has been similar to the market average.
| Beta (5Y) | 1.07 |
| 52-Week Price Change | -18.14% |
| 50-Day Moving Average | 8.76 |
| 200-Day Moving Average | 11.16 |
| Relative Strength Index (RSI) | 46.67 |
| Average Volume (20 Days) | 454,466 |
Short Selling Information
The latest short interest is 4.28 million, so 9.26% of the outstanding shares have been sold short.
| Short Interest | 4.28M |
| Short Previous Month | 4.23M |
| Short % of Shares Out | 9.26% |
| Short % of Float | 9.39% |
| Short Ratio (days to cover) | 8.36 |
Income Statement
In the last 12 months, Mitek Systems had revenue of $166.52 million and -$6.74 million in losses. Loss per share was -$0.15.
| Revenue | 166.52M |
| Gross Profit | 142.01M |
| Operating Income | -4.62M |
| Pretax Income | -11.68M |
| Net Income | -6.74M |
| EBITDA | 11.77M |
| EBIT | -4.62M |
| Loss Per Share | -$0.15 |
Full Income StatementBalance Sheet
The company has $123.07 million in cash and $146.99 million in debt, giving a net cash position of -$23.92 million or -$0.52 per share.
| Cash & Cash Equivalents | 123.07M |
| Total Debt | 146.99M |
| Net Cash | -23.92M |
| Net Cash Per Share | -$0.52 |
| Equity (Book Value) | 209.64M |
| Book Value Per Share | 4.54 |
| Working Capital | 151.78M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $14.06 million and capital expenditures -$1.53 million, giving a free cash flow of $12.53 million.
| Operating Cash Flow | 14.06M |
| Capital Expenditures | -1.53M |
| Free Cash Flow | 12.53M |
| FCF Per Share | $0.27 |
Full Cash Flow StatementMargins
Gross margin is 85.28%, with operating and profit margins of -2.77% and -4.05%.
| Gross Margin | 85.28% |
| Operating Margin | -2.77% |
| Pretax Margin | -7.01% |
| Profit Margin | -4.05% |
| EBITDA Margin | 7.07% |
| EBIT Margin | -2.77% |
| FCF Margin | 7.52% |
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 | -0.64% |
| Shareholder Yield | -0.64% |
| Earnings Yield | -1.64% |
| FCF Yield | 3.05% |
Analyst Forecast
The average price target for Mitek Systems is $12.13, which is 36.45% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $12.13 |
| Price Target Difference | 36.45% |
| 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 2.36 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.36 |
| Piotroski F-Score | 3 |