Mitek Systems Statistics
Total Valuation
Mitek Systems has a market cap or net worth of $569.91 million. The enterprise value is $587.85 million.
| Market Cap | 569.91M |
| Enterprise Value | 587.85M |
Important Dates
The last earnings date was Monday, April 15, 2024, after market close.
| Earnings Date | Apr 15, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Mitek Systems has 46.79 million shares outstanding. The number of shares has increased by 1.45% in one year.
| Shares Outstanding | 46.79M |
| Shares Change (YoY) | +1.45% |
| Shares Change (QoQ) | -1.95% |
| Owned by Insiders (%) | 2.45% |
| Owned by Institutions (%) | 77.52% |
| Float | 42.19M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 10.77 |
| PS Ratio | 3.48 |
| Forward PS | 2.96 |
| PB Ratio | 2.67 |
| P/FCF Ratio | 36.21 |
| PEG Ratio | 1.28 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 24.97, with an EV/FCF ratio of 37.35.
| EV / Earnings | n/a |
| EV / Sales | 3.59 |
| EV / EBITDA | 24.97 |
| EV / EBIT | 108.52 |
| EV / FCF | 37.35 |
Financial Position
The company has a current ratio of 4.70, with a Debt / Equity ratio of 0.66.
| Current Ratio | 4.70 |
| Quick Ratio | 4.02 |
| Debt / Equity | 0.66 |
| Debt / EBITDA | 6.02 |
| Debt / FCF | 9.01 |
| Interest Coverage | 0.59 |
Financial Efficiency
Return on equity (ROE) is -1.20%.
| Return on Equity (ROE) | -1.20% |
| Return on Assets (ROA) | -0.60% |
| Return on Capital (ROIC) | n/a |
| Revenue Per Employee | $285,805 |
| Profits Per Employee | -$4,356 |
| Employee Count | 573 |
| Asset Turnover | 0.40 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -1.28M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +35.48% in the last 52 weeks. The beta is 1.11, so Mitek Systems's price volatility has been higher than the market average.
| Beta (1Y) | 1.11 |
| 52-Week Price Change | +35.48% |
| 50-Day Moving Average | 12.65 |
| 200-Day Moving Average | 11.70 |
| Relative Strength Index (RSI) | 38.25 |
| Average Volume (30 Days) | 505,993 |
Short Selling Information
The latest short interest is 3.54 million, so 7.56% of the outstanding shares have been sold short.
| Short Interest | 3.54M |
| Short Previous Month | 3.16M |
| Short % of Shares Out | 7.56% |
| Short % of Float | 8.39% |
| Short Ratio (days to cover) | 7.86 |
Income Statement
In the last 12 months, Mitek Systems had revenue of $163.77 million and -$2.50 million in losses. Loss per share was -$0.06.
| Revenue | 163.77M |
| Gross Profit | 140.35M |
| Operating Income | 275,000 |
| Pretax Income | -3.77M |
| Net Income | -2.50M |
| EBITDA | 23.54M |
| EBIT | 5.42M |
| Loss Per Share | -$0.06 |
Balance Sheet
The company has $123.91 million in cash and $141.85 million in debt, giving a net cash position of -$17.94 million or -$0.38 per share.
| Cash & Cash Equivalents | 123.91M |
| Total Debt | 141.85M |
| Net Cash | -17.94M |
| Net Cash Per Share | -$0.38 |
| Equity / Book Value | 213.80M |
| Book Value Per Share | 4.57 |
| Working Capital | 146.36M |
Cash Flow
In the last 12 months, operating cash flow was $16.86 million and capital expenditures -$1.12 million, giving a free cash flow of $15.74 million.
| Operating Cash Flow | 16.86M |
| Capital Expenditures | -1.12M |
| Free Cash Flow | 15.74M |
| FCF Per Share | $0.34 |
Margins
Gross margin is 85.70%, with operating and profit margins of 0.17% and -1.52%.
| Gross Margin | 85.70% |
| Operating Margin | 0.17% |
| Pretax Margin | -2.30% |
| Profit Margin | -1.52% |
| EBITDA Margin | 14.38% |
| EBIT Margin | 3.31% |
| FCF Margin | 9.61% |
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 | -1.45% |
| Shareholder Yield | -1.45% |
| Earnings Yield | -0.44% |
| FCF Yield | 2.76% |
Analyst Forecast
The average price target for Mitek Systems is $19.00, which is 55.99% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $19.00 |
| Price Target Difference | 55.99% |
| 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 2.61 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.61 |
| Piotroski F-Score | 3 |