Mitek Systems, Inc. (MITK)
NASDAQ: MITK · Real-Time Price · USD
16.07
+0.04 (0.25%)
May 26, 2026, 11:40 AM EDT - Market open

Mitek Systems Statistics

Total Valuation

Mitek Systems has a market cap or net worth of $725.70 million. The enterprise value is $703.43 million.

Market Cap725.70M
Enterprise Value 703.43M

Important Dates

The last earnings date was Thursday, May 7, 2026, after market close.

Earnings Date May 7, 2026
Ex-Dividend Date n/a

Share Statistics

Mitek Systems has 45.16 million shares outstanding. The number of shares has increased by 0.82% in one year.

Current Share Class 45.16M
Shares Outstanding 45.16M
Shares Change (YoY) +0.82%
Shares Change (QoQ) +2.91%
Owned by Insiders (%) 3.01%
Owned by Institutions (%) 87.12%
Float 43.71M

Valuation Ratios

The trailing PE ratio is 46.97 and the forward PE ratio is 14.45.

PE Ratio 46.97
Forward PE 14.45
PS Ratio 3.82
Forward PS 3.56
PB Ratio 3.00
P/TBV Ratio 9.61
P/FCF Ratio 16.25
P/OCF Ratio 15.05
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.75, with an EV/FCF ratio of 15.79.

EV / Earnings 42.47
EV / Sales 3.71
EV / EBITDA 16.75
EV / EBIT 25.08
EV / FCF 15.79

Financial Position

The company has a current ratio of 2.61, with a Debt / Equity ratio of 0.24.

Current Ratio 2.61
Quick Ratio 2.49
Debt / Equity 0.24
Debt / EBITDA 1.32
Debt / FCF 1.28
Interest Coverage 2.90

Financial Efficiency

Return on equity (ROE) is 7.21% and return on invested capital (ROIC) is 9.28%.

Return on Equity (ROE) 7.21%
Return on Assets (ROA) 4.48%
Return on Invested Capital (ROIC) 9.28%
Return on Capital Employed (ROCE) 9.44%
Weighted Average Cost of Capital (WACC) 9.67%
Revenue Per Employee $318,644
Profits Per Employee $27,839
Employee Count595
Asset Turnover 0.48
Inventory Turnover n/a

Taxes

In the past 12 months, Mitek Systems has paid $7.02 million in taxes.

Income Tax 7.02M
Effective Tax Rate 29.77%

Stock Price Statistics

The stock price has increased by +69.00% in the last 52 weeks. The beta is 0.95, so Mitek Systems's price volatility has been similar to the market average.

Beta (5Y) 0.95
52-Week Price Change +69.00%
50-Day Moving Average 14.38
200-Day Moving Average 11.41
Relative Strength Index (RSI) 62.26
Average Volume (20 Days) 1,257,984

Short Selling Information

The latest short interest is 3.22 million, so 7.14% of the outstanding shares have been sold short.

Short Interest 3.22M
Short Previous Month 2.91M
Short % of Shares Out 7.14%
Short % of Float 7.38%
Short Ratio (days to cover) 3.61

Income Statement

In the last 12 months, Mitek Systems had revenue of $189.59 million and earned $16.56 million in profits. Earnings per share was $0.34.

Revenue189.59M
Gross Profit 158.32M
Operating Income 28.05M
Pretax Income 23.58M
Net Income 16.56M
EBITDA 42.00M
EBIT 28.05M
Earnings Per Share (EPS) $0.34
Full Income Statement

Balance Sheet

The company has $77.59 million in cash and $57.12 million in debt, with a net cash position of $20.47 million or $0.45 per share.

Cash & Cash Equivalents 77.59M
Total Debt 57.12M
Net Cash 20.47M
Net Cash Per Share $0.45
Equity (Book Value) 239.47M
Book Value Per Share 5.34
Working Capital 96.56M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $48.11 million and capital expenditures -$3.57 million, giving a free cash flow of $44.54 million.

Operating Cash Flow 48.11M
Capital Expenditures -3.57M
Depreciation & Amortization 13.95M
Net Borrowing -103.44M
Free Cash Flow 44.54M
FCF Per Share $0.99
Full Cash Flow Statement

Margins

Gross margin is 83.50%, with operating and profit margins of 14.79% and 8.74%.

Gross Margin 83.50%
Operating Margin 14.79%
Pretax Margin 12.44%
Profit Margin 8.74%
EBITDA Margin 22.15%
EBIT Margin 14.79%
FCF Margin 23.49%

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 -0.82%
Shareholder Yield -0.82%
Earnings Yield 2.29%
FCF Yield 6.15%

Analyst Forecast

The average price target for Mitek Systems is $18.50, which is 15.12% higher than the current price. The consensus rating is "Strong Buy".

Price Target $18.50
Price Target Difference 15.12%
Analyst Consensus Strong Buy
Analyst Count 5
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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 3.35 and a Piotroski F-Score of 6.

Altman Z-Score 3.35
Piotroski F-Score 6