MITK Mitek Systems Inc

  1. Stocks
  2. Technology
  3. NASDAQ: MITK

Price (delayed)

$11.29

Market cap

$514.71M

P/E Ratio

66.41

Dividend/share

N/A

EPS

$0.17

Enterprise value

$565.89M

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 price to earnings (P/E) is 28% less than its last 4 quarters average of 92.3
The revenue has grown by 24% YoY and by 2.3% from the previous quarter
MITK's net income is up by 47% year-on-year but it is down by 2.7% since the previous quarter
MITK's EPS is up by 42% YoY but it is down by 6% QoQ
MITK's debt is up by 4.4% YoY
The gross margin has contracted by 2.1% YoY
Sector: Technology
Industry: Software - Application
Website: http://www.miteksystems.com
Peers: FICO SSNC FIS JKHY

Key stats

What are the main financial stats of MITK
Market
Shares outstanding
45.59M
Market cap
$514.71M
Enterprise value
$565.89M
Valuations
Price to earnings (P/E)
66.41
Price to book (P/B)
2.43
Price to sales (P/S)
3.01
EV/EBIT
26.99
EV/EBITDA
14.1
EV/Sales
3.28
Earnings
Revenue
$172.32M
EBIT
$20.97M
EBITDA
$40.14M
Free cash flow
$37.6M
Per share
EPS
$0.17
Free cash flow per share
$0.82
Book value per share
$4.65
Revenue per share
$3.75
TBVPS
$4.69
Balance sheet
Total assets
$417.48M
Total liabilities
$209.83M
Debt
$138.67M
Equity
$207.64M
Working capital
$124.55M
Liquidity
Debt to equity
0.67
Current ratio
3.32
Quick ratio
3.09
Net debt/EBITDA
1.28
Margins
EBITDA margin
23.3%
Gross margin
85.2%
Net margin
4.4%
Operating margin
11.4%
Efficiency
Return on assets
1.9%
Return on equity
3.9%
Return on invested capital
9.7%
Return on capital employed
5.8%
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
0.09%
1 week
2.08%
1 month
8.45%
1 year
10.36%
YTD
16.51%
QTD
5.32%

Financial performance

How have Mitek Systems's revenue and profit performed over time
Revenue
$172.32M
Gross profit
$146.88M
Operating income
$19.61M
Net income
$7.56M
Gross margin
85.2%
Net margin
4.4%
The company's operating income has surged by 59% YoY and by 4.8% QoQ
MITK's net income is up by 47% year-on-year but it is down by 2.7% since the previous quarter
The operating margin is up by 28% year-on-year and by 2.7% since the previous quarter
The revenue has grown by 24% YoY and by 2.3% from the previous quarter

Growth

What is Mitek Systems's growth rate over time

Valuation

What is Mitek Systems stock price valuation
MITK P/E details
P/E
66.41
P/B
2.43
P/S
3.01
EV/EBIT
26.99
EV/EBITDA
14.1
EV/Sales
3.28
MITK's EPS is up by 42% YoY but it is down by 6% QoQ
MITK's price to earnings (P/E) is 28% less than its last 4 quarters average of 92.3
The P/B is 31% below the 5-year quarterly average of 3.5 but 6% above the last 4 quarters average of 2.3
MITK's equity is up by 17% year-on-year and by 2.3% since the previous quarter
The price to sales (P/S) is 37% lower than the 5-year quarterly average of 4.8 but 8% higher than the last 4 quarters average of 2.8
The revenue has grown by 24% YoY and by 2.3% from the previous quarter

Efficiency

How efficient is Mitek Systems business performance
The return on invested capital has surged by 137% year-on-year and by 10% since the previous quarter
The ROA has grown by 46% YoY but it has contracted by 5% from the previous quarter
The company's return on equity rose by 39% YoY but it fell by 7% QoQ
MITK's ROS is up by 36% YoY and by 7% 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 99% higher than its total liabilities
The quick ratio has grown by 34% YoY but it has contracted by 4% from the previous quarter
Mitek Systems's current ratio has increased by 30% YoY but it has decreased by 6% from the previous quarter
MITK's debt is 33% less than its equity
MITK's equity is up by 17% year-on-year and by 2.3% since the previous quarter
The debt to equity has contracted by 11% YoY

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