Mitek Systems Statistics
Total Valuation
Mitek Systems has a market cap or net worth of $353.35 million. The enterprise value is $383.76 million.
Important Dates
The next estimated earnings date is Friday, May 9, 2025, after market close.
| Earnings Date | May 9, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Mitek Systems has 45.24 million shares outstanding. The number of shares has increased by 2.88% in one year.
| Current Share Class | 45.24M |
| Shares Outstanding | 45.24M |
| Shares Change (YoY) | +2.88% |
| Shares Change (QoQ) | -2.96% |
| Owned by Insiders (%) | 1.93% |
| Owned by Institutions (%) | 78.76% |
| Float | 44.37M |
Valuation Ratios
The trailing PE ratio is 81.07 and the forward PE ratio is 8.41.
| PE Ratio | 81.07 |
| Forward PE | 8.41 |
| PS Ratio | 2.10 |
| Forward PS | 1.93 |
| PB Ratio | 1.76 |
| P/TBV Ratio | 12.45 |
| P/FCF Ratio | 8.80 |
| P/OCF Ratio | 8.48 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 15.74, with an EV/FCF ratio of 9.55.
| EV / Earnings | 86.06 |
| EV / Sales | 2.23 |
| EV / EBITDA | 15.74 |
| EV / EBIT | 44.88 |
| EV / FCF | 9.55 |
Financial Position
The company has a current ratio of 4.59, with a Debt / Equity ratio of 0.75.
| Current Ratio | 4.59 |
| Quick Ratio | 4.39 |
| Debt / Equity | 0.75 |
| Debt / EBITDA | 5.71 |
| Debt / FCF | 3.76 |
| Interest Coverage | 0.91 |
Financial Efficiency
Return on equity (ROE) is 2.15% and return on invested capital (ROIC) is 1.51%.
| Return on Equity (ROE) | 2.15% |
| Return on Assets (ROA) | 1.33% |
| Return on Invested Capital (ROIC) | 1.51% |
| Return on Capital Employed (ROCE) | 2.39% |
| Revenue Per Employee | $273,683 |
| Profits Per Employee | $7,078 |
| Employee Count | 630 |
| Asset Turnover | 0.43 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -2.74M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -46.55% in the last 52 weeks. The beta is 1.15, so Mitek Systems's price volatility has been higher than the market average.
| Beta (5Y) | 1.15 |
| 52-Week Price Change | -46.55% |
| 50-Day Moving Average | 9.05 |
| 200-Day Moving Average | 9.63 |
| Relative Strength Index (RSI) | 40.70 |
| Average Volume (20 Days) | 475,804 |
Short Selling Information
The latest short interest is 3.04 million, so 6.73% of the outstanding shares have been sold short.
| Short Interest | 3.04M |
| Short Previous Month | 3.08M |
| Short % of Shares Out | 6.73% |
| Short % of Float | 6.86% |
| Short Ratio (days to cover) | 6.79 |
Income Statement
In the last 12 months, Mitek Systems had revenue of $172.42 million and earned $4.46 million in profits. Earnings per share was $0.10.
| Revenue | 172.42M |
| Gross Profit | 147.62M |
| Operating Income | 8.55M |
| Pretax Income | -11.68M |
| Net Income | 4.46M |
| EBITDA | 24.38M |
| EBIT | 8.55M |
| Earnings Per Share (EPS) | $0.10 |
Full Income StatementBalance Sheet
The company has $121.21 million in cash and $151.16 million in debt, giving a net cash position of -$29.95 million or -$0.66 per share.
| Cash & Cash Equivalents | 121.21M |
| Total Debt | 151.16M |
| Net Cash | -29.95M |
| Net Cash Per Share | -$0.66 |
| Equity (Book Value) | 200.92M |
| Book Value Per Share | 4.44 |
| Working Capital | 138.29M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $41.72 million and capital expenditures -$1.53 million, giving a free cash flow of $40.18 million.
| Operating Cash Flow | 41.72M |
| Capital Expenditures | -1.53M |
| Free Cash Flow | 40.18M |
| FCF Per Share | $0.89 |
Full Cash Flow StatementMargins
Gross margin is 85.61%, with operating and profit margins of 4.96% and 2.59%.
| Gross Margin | 85.61% |
| Operating Margin | 4.96% |
| Pretax Margin | 1.00% |
| Profit Margin | 2.59% |
| EBITDA Margin | 14.14% |
| EBIT Margin | 4.96% |
| FCF Margin | 23.31% |
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 | -2.88% |
| Shareholder Yield | -2.88% |
| Earnings Yield | 1.26% |
| FCF Yield | 11.36% |
Analyst Forecast
The average price target for Mitek Systems is $12.88, which is 64.92% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $12.88 |
| Price Target Difference | 64.92% |
| 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 |