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MITK Mitek Systems, Inc.

NASDAQ Capital Market · Software - Application · Technology

$19.43
+0.52 (+2.75%)

Mitek Systems, Inc. (MITK) specializes in developing and offering mobile image capture and digital identity verification technologies globally, with operations spanning the United States, Europe, Latin America, and other international markets. These offerings are seamlessly integrated into native mobile applications and web browsers, streamlining digital interactions for users. Among its key produ…

Market Cap: $877.44Mwww.miteksystems.com

Price (90d)

$18.49
$13.57$15.76$17.95$20.14
Apr 29Aug 7

Signal Score (90d)

50
50
Aug 7Aug 7

Quote

Day Range
$19.00 – $19.48
52-Week Range
$8.53 – $21.05
Volume
$593.3K
Market Cap
$877.44M
50-Day Avg
$17.83
200-Day Avg
$13.64
Prev Close
$18.91
Open
$19.25

Valuation & Ratios

P/E Ratio
51.42
EPS
$0.19
P/B Ratio
1.86
P/S Ratio
2.49
Debt/Equity
0.65
Current Ratio
1.19
Dividend Yield
+0.0%
Gross Margin
+85.1%

Returns & Efficiency

Return on Equity
+3.7%
Return on Assets
+1.9%
FCF Yield
+12.1%
EV/EBITDA
12.15

Revenue & Net Income (Annual)

Fiscal YearRevenueNet IncomeEPS
2025$179.69M$8.80M$0.19
2024$172.08M$3.28M$0.07
2023$172.55M$8.03M$0.18
2022$144.80M$3.69M$0.08
2021$119.80M$7.98M$0.18

Social Signal Score

0
5d
30d
0
1 mentions
-3.9%
60d
0
1 mentions
+8.3%
90d
0
1 mentions
+29.7%
news: 1

Earnings

Thu, Dec 10(in 4 months)

Consensus estimate $0.18 per share

7of 7 quarters beat consensus

Typical surprise +23.5% (median, so one quarter with a near-zero estimate can't distort it)

  • Thu, Aug 6$0.34 vs $0.28beat
  • Thu, May 7$0.38 vs $0.32beat
  • Thu, Feb 5$0.26 vs $0.18beat
  • Thu, Dec 11$0.24 vs $0.18beat
  • Thu, Aug 7$0.22 vs $0.18beat
  • Thu, May 8$0.36 vs $0.26beat

Estimates and results for MITK via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.

Valuation

Project earnings forward and see what return today's price implies.

Seeded from MITK's reported EPS growth of 1.4% a year over 4 years.

EPS in 5 years
$0.21
Implied price
$10.52
Return from $19.43
-11.5% a year

To earn 15.0% a year on these assumptions you'd need to buy at $5.23 -73.1% below today's price.

How sensitive is that answer?

Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.

growth \ P/E3543515967
-8.6%-26.1%-22.9%-20.3%-17.9%-15.8%
-3.6%-22.0%-18.7%-15.9%-13.4%-11.2%
1.4%-18.0%-14.5%-11.5%-8.9%-6.6%
6.4%-13.9%-10.3%-7.2%-4.4%-2.0%
11.4%-9.9%-6.1%-2.8%0.0%2.6%

This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.

Mentions (1)

  • Newsseekingalpha.com·7d ago·Negative

    Mitek Systems: Q3 Improves My Thesis Mitek Systems demonstrates accelerating SaaS and Fraud & Identity growth, with Q3 revenue up 18% YoY and robust profitability. MITK's SaaS revenue grew 36% YoY, while adjusted EBITDA margin reached 38.5%, signaling a successful transition beyond legacy check products. Check Verification Solutions remain resilient, with new strategic value emerging via the Check Fraud Defender network.

    View source ↗