Mitek Systems Statistics
Total Valuation
Mitek Systems has a market cap or net worth of $566.17 million. The enterprise value is $585.49 million.
| Market Cap | 566.17M |
| Enterprise Value | 585.49M |
Important Dates
The last earnings date was Monday, May 13, 2024, after market close.
| Earnings Date | May 13, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Mitek Systems has 46.79 million shares outstanding. The number of shares has increased by 4.94% in one year.
| Shares Outstanding | 46.79M |
| Shares Change (YoY) | +4.94% |
| Shares Change (QoQ) | +3.77% |
| Owned by Insiders (%) | 2.50% |
| Owned by Institutions (%) | 78.02% |
| Float | 42.80M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 10.49 |
| PS Ratio | 3.44 |
| Forward PS | 2.85 |
| PB Ratio | 2.62 |
| P/FCF Ratio | 34.86 |
| PEG Ratio | 1.28 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 37.42, with an EV/FCF ratio of 36.05.
| EV / Earnings | n/a |
| EV / Sales | 3.56 |
| EV / EBITDA | 37.42 |
| EV / EBIT | n/a |
| EV / FCF | 36.05 |
Financial Position
The company has a current ratio of 4.27, with a Debt / Equity ratio of 0.66.
| Current Ratio | 4.27 |
| Quick Ratio | 3.72 |
| Debt / Equity | 0.66 |
| Debt / EBITDA | 9.16 |
| Debt / FCF | 8.82 |
| Interest Coverage | -0.20 |
Financial Efficiency
Return on equity (ROE) is -3.50% and return on invested capital (ROIC) is -2.15%.
| Return on Equity (ROE) | -3.50% |
| Return on Assets (ROA) | -1.80% |
| Return on Capital (ROIC) | -2.15% |
| Revenue Per Employee | $279,002 |
| Profits Per Employee | -$12,514 |
| Employee Count | 590 |
| Asset Turnover | 0.40 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -3.78M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +15.90% in the last 52 weeks. The beta is 1.09, so Mitek Systems's price volatility has been similar to the market average.
| Beta (5Y) | 1.09 |
| 52-Week Price Change | +15.90% |
| 50-Day Moving Average | 12.09 |
| 200-Day Moving Average | 12.03 |
| Relative Strength Index (RSI) | 58.84 |
| Average Volume (20 Days) | 511,681 |
Short Selling Information
The latest short interest is 4.84 million, so 10.35% of the outstanding shares have been sold short.
| Short Interest | 4.84M |
| Short Previous Month | 4.82M |
| Short % of Shares Out | 10.35% |
| Short % of Float | 11.31% |
| Short Ratio (days to cover) | 8.08 |
Income Statement
In the last 12 months, Mitek Systems had revenue of $164.61 million and -$7.38 million in losses. Loss per share was -$0.16.
| Revenue | 164.61M |
| Gross Profit | 140.88M |
| Operating Income | -7.71M |
| Pretax Income | -11.16M |
| Net Income | -7.38M |
| EBITDA | 15.65M |
| EBIT | -1.84M |
| Loss Per Share | -$0.16 |
Balance Sheet
The company has $123.93 million in cash and $143.25 million in debt, giving a net cash position of -$19.32 million or -$0.41 per share.
| Cash & Cash Equivalents | 123.93M |
| Total Debt | 143.25M |
| Net Cash | -19.32M |
| Net Cash Per Share | -$0.41 |
| Equity (Book Value) | 216.15M |
| Book Value Per Share | 4.62 |
| Working Capital | 154.35M |
Cash Flow
In the last 12 months, operating cash flow was $17.63 million and capital expenditures -$1.39 million, giving a free cash flow of $16.24 million.
| Operating Cash Flow | 17.63M |
| Capital Expenditures | -1.39M |
| Free Cash Flow | 16.24M |
| FCF Per Share | $0.35 |
Margins
Gross margin is 85.58%, with operating and profit margins of -4.69% and -4.49%.
| Gross Margin | 85.58% |
| Operating Margin | -4.69% |
| Pretax Margin | -6.78% |
| Profit Margin | -4.49% |
| EBITDA Margin | 9.50% |
| EBIT Margin | -1.11% |
| FCF Margin | 9.87% |
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 | -4.94% |
| Shareholder Yield | -4.94% |
| Earnings Yield | -1.30% |
| FCF Yield | 2.87% |
Analyst Forecast
The average price target for Mitek Systems is $19.00, which is 57.03% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $19.00 |
| Price Target Difference | 57.03% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock 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 2.47 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.47 |
| Piotroski F-Score | 3 |