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MITK Mitek Systems Inc

Price (delayed)

$9.77

Market cap

$445.16M

P/E Ratio

34.89

Dividend/share

N/A

EPS

$0.28

Enterprise value

$491.16M

Mitek Systems Inc. is a global leader in mobile capture and digital identity verification built on the latest advancements in computer vision and artificial intelligence. Mitek's identity verification solutions enable ...

Highlights
MITK's net income has soared by 199% since the previous quarter
MITK's price to earnings (P/E) is 55% less than its 5-year quarterly average of 77.6
The quick ratio has plunged by 76% from the previous quarter and by 74% YoY
MITK's debt is up by 5% YoY

Key stats

What are the main financial stats of MITK
Market
Shares outstanding
45.56M
Market cap
$445.16M
Enterprise value
$491.16M
Valuations
Price to earnings (P/E)
34.89
Price to book (P/B)
2.01
Price to sales (P/S)
2.51
EV/EBIT
22.63
EV/EBITDA
12.9
EV/Sales
2.77
Earnings
Revenue
$177.38M
Gross profit
$152.26M
Operating income
$16.74M
Net income
$13.33M
EBIT
$21.7M
EBITDA
$38.07M
Free cash flow
$47.11M
Per share
EPS
$0.28
EPS diluted
$0.28
Free cash flow per share
$1.03
Book value per share
$4.87
Revenue per share
$3.89
TBVPS
$5.52
Balance sheet
Total assets
$425.34M
Total liabilities
$205.13M
Debt
$150.7M
Equity
$220.21M
Working capital
$8.35M
Liquidity
Debt to equity
0.68
Current ratio
1.04
Quick ratio
0.95
Net debt/EBITDA
1.21
Margins
EBITDA margin
21.5%
Gross margin
85.8%
Net margin
7.5%
Operating margin
9.4%
Efficiency
Return on assets
3.2%
Return on equity
6.3%
Return on invested capital
10.4%
Return on capital employed
9.4%
Return on sales
12.2%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

MITK stock price

How has the Mitek Systems stock price performed over time
Intraday
3.28%
1 week
6.08%
1 month
18.57%
1 year
-21.15%
YTD
-12.22%
QTD
18.42%

Financial performance

How have Mitek Systems's revenue and profit performed over time
Revenue
$177.38M
Gross profit
$152.26M
Operating income
$16.74M
Net income
$13.33M
Gross margin
85.8%
Net margin
7.5%
MITK's net income has soared by 199% since the previous quarter
MITK's net margin has soared by 188% from the previous quarter
The company's operating income has surged by 176% QoQ
The operating margin has soared by 169% since the previous quarter

Price vs fundamentals

How does MITK's price correlate with its fundamentals

Growth

What is Mitek Systems's growth rate over time

Valuation

What is Mitek Systems stock price valuation
P/E
34.89
P/B
2.01
P/S
2.51
EV/EBIT
22.63
EV/EBITDA
12.9
EV/Sales
2.77
MITK's price to earnings (P/E) is 55% less than its 5-year quarterly average of 77.6
The P/B is 33% below the 5-year quarterly average of 3.0 and 4.3% below the last 4 quarters average of 2.1
MITK's equity is up by 10% since the previous quarter
The price to sales (P/S) is 39% lower than the 5-year quarterly average of 4.1 and 3.5% lower than the last 4 quarters average of 2.6
The revenue has grown by 8% YoY and by 2.9% from the previous quarter

Efficiency

How efficient is Mitek Systems business performance
The company's return on equity has surged by 200% QoQ
The ROA has soared by 191% from the previous quarter
The return on invested capital has surged by 126% since the previous quarter
MITK's ROS has soared by 91% QoQ

Dividends

What is MITK's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for MITK.

Financial health

How did Mitek Systems financials performed over time
The company's total assets is 107% higher than its total liabilities
Mitek Systems's current ratio has plunged by 77% from the previous quarter and by 76% YoY
The quick ratio has plunged by 76% from the previous quarter and by 74% YoY
MITK's debt is 32% less than its equity
MITK's equity is up by 10% since the previous quarter
The debt to equity has contracted by 8% from the previous quarter but it has grown by 3% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.