Business Description
Mitek Systems Inc
NAICS : 511210
SIC : 7372
ISIN : US6067102003
Share Class Description:
MITK: Ordinary SharesDescription
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
Financial Strength
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.9 | |||||
| Equity-to-Asset | 0.52 | |||||
| Debt-to-Equity | 0.68 | |||||
| Debt-to-EBITDA | 3.96 | |||||
| Interest Coverage | 1.98 | |||||
| Piotroski F-Score | 8/9 | |||||
| Altman Z-Score | 1.87 | |||||
| Beneish M-Score | -2.94 | |||||
| WACC vs ROIC | ||||||
Growth Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 10.9 | |||||
| 3-Year EBITDA Growth Rate | 1.6 | |||||
| 3-Year EPS without NRI Growth Rate | 8.1 | |||||
| 3-Year FCF Growth Rate | -7.2 | |||||
| 3-Year Book Growth Rate | 3 | |||||
| Future 3-5Y Total Revenue Growth Rate Estimate | 6.19 |
Momentum Rank
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 73.29 | |||||
| 9-Day RSI | 65.18 | |||||
| 14-Day RSI | 62.24 | |||||
| 3-1 Month Momentum % | 12.59 | |||||
| 6-1 Month Momentum % | -15.63 | |||||
| 12-1 Month Momentum % | -15.48 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 1.04 | |||||
| Quick Ratio | 1.04 | |||||
| Cash Ratio | 0.7 | |||||
| Days Sales Outstanding | 85.42 | |||||
| Days Payable | 90.19 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Average Share Buyback Ratio | -0.6 | |||||
| Shareholder Yield % | -0.84 |
Profitability Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 85.84 | |||||
| Operating Margin % | 10.58 | |||||
| Net Margin % | 7.51 | |||||
| EBITDA Margin % | 21.46 | |||||
| FCF Margin % | 26.56 | |||||
| ROE % | 6.28 | |||||
| ROA % | 3.23 | |||||
| ROIC % | 6.97 | |||||
| 3-Year ROIIC % | -105.82 | |||||
| ROC (Joel Greenblatt) % | 158.05 | |||||
| ROCE % | 6.41 | |||||
| Years of Profitability over Past 10-Year | 8 | |||||
| Moat score | 5 | |||||
| Tariff score | 9 |
GF Value Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 36.02 | |||||
| Forward PE Ratio | 10.21 | |||||
| PE Ratio without NRI | 21.77 | |||||
| Shiller PE Ratio | 93 | |||||
| Price-to-Owner-Earnings | 18.64 | |||||
| PEG Ratio | 0.65 | |||||
| PS Ratio | 2.67 | |||||
| PB Ratio | 2.11 | |||||
| Price-to-Tangible-Book | 9.93 | |||||
| Price-to-Free-Cash-Flow | 10.24 | |||||
| Price-to-Operating-Cash-Flow | 9.95 | |||||
| EV-to-EBIT | 22.04 | |||||
| EV-to-EBITDA | 12.57 | |||||
| EV-to-Forward-EBITDA | 33.44 | |||||
| EV-to-Revenue | 2.7 | |||||
| EV-to-Forward-Revenue | 2.58 | |||||
| EV-to-FCF | 10.15 | |||||
| Price-to-GF-Value | 0.89 | |||||
| Price-to-Projected-FCF | 0.97 | |||||
| Price-to-Median-PS-Value | 0.52 | |||||
| Price-to-Peter-Lynch-Fair-Value | 2.1 | |||||
| Price-to-Graham-Number | 3.09 | |||||
| Earnings Yield (Greenblatt) % | 4.54 | |||||
| FCF Yield % | 10.11 | |||||
| Forward Rate of Return (Yacktman) % | 16.44 |
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