Mitek Systems, Inc.

Mitek Systems, Inc.

17.68
USD
-0.49
(-2.70%)
0.47EPS
39.91P/E
892.29MMarket Cap
Oct 29Next Earn

Total Valuation

USD

As of June 30, 2026, Mitek Systems, Inc. carries a market capitalization of 892.29M, placing it among publicly traded companies globally. Its enterprise value stands at 844.25M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap892.29M
Enterprise Value844.25M

Important Dates

Mitek Systems, Inc.'s next confirmed earnings release is scheduled for October 29, 2026.

Earnings Date10/29/2026

Share Statistics

As of June 30, 2026, Mitek Systems, Inc. has 45.11M shares outstanding.

Shares Outstanding45.11M

Valuation Ratios

As of June 30, 2026, Mitek Systems, Inc. trades at a trailing price-to-earnings ratio of 39.91. The price-to-sales ratio is 4.54, and the price-to-book ratio stands at 3.56.

PE Ratio39.91
PS Ratio4.54
PB Ratio3.56
P/TBV Ratio9.95
P/FCF Ratio19.50
P/OCF Ratio16.75

Enterprise Valuation

As of June 30, 2026, Mitek Systems, Inc. trades at an EV/EBITDA multiple of 16.92 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.27 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 23.97 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Mitek Systems, Inc. trades at an EV/FCF ratio of 15.70, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 844.25M versus a market cap of 892.29M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales4.27
EV / EBITDA16.92
EV / EBIT23.97
EV / FCF15.70

Financial Position

As of June 30, 2026, Mitek Systems, Inc. maintains a current ratio of 2.74, meaning it holds 2.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 20.63, indicating elevated leverage, while an interest coverage ratio of 6.91 demonstrates adequate ability to service its debt obligations.

Current Ratio2.74
Quick Ratio2.63
Debt / Equity20.63
Debt / EBITDA1.04
Interest Coverage6.91

Financial Efficiency

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Over the twelve months ended June 30, 2026, Mitek Systems, Inc. posted a return on equity (ROE) of 9.23, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 7.23 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 5.53, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 7.99, useful for judging operating efficiency across full business cycles. The company generates approximately 332,608.40 in revenue per employee across its workforce of 595.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)9.23
Return on Assets (ROA)5.53
Return on Invested Capital (ROIC)7.23
Return on Capital Employed (ROCE)7.99
Revenue Per Employee332,608.40
Employee Count595.00

Taxes

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Over the twelve months ended June 30, 2026, Mitek Systems, Inc. recorded 9.07M in income tax expense. That works out to an effective tax rate of 28.71, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 31.61M, leaving 22.54M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax9.07M
Effective Tax Rate28.71

Stock Price Statistics

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As of the close on October 22, 2026, Mitek Systems, Inc.'s stock has gained approximately 87.29% over the past 52 weeks. The 50-day moving average sits at 17.69, while the 200-day moving average is 15.51.

52-Week Price Change87.29%
50-Day Moving Average17.69
200-Day Moving Average15.51

Income Statement

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Over the twelve months ended June 30, 2026, Mitek Systems, Inc. generated 197.90M in revenue and converted that into 22.54M in net income, yielding earnings per share of 0.47. EBITDA reached 49.89M, while operating income came in at 35.74M.

Revenue197.90M
Gross Profit165.47M
Operating Income35.74M
Pretax Income31.61M
Net Income22.54M
EBITDA49.89M
EBIT35.22M
Earnings Per Share (EPS)0.47

Balance Sheet

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As of June 30, 2026, Mitek Systems, Inc. holds 99.71M in cash and equivalents against 51.68M in total debt, resulting in a net debt position of -40.67M. Total book value stands at 250.52M, with working capital of 106.68M providing operational flexibility.

Cash & Cash Equivalents99.71M
Total Debt51.68M
Net Debt-40.67M
Equity (Book Value)250.52M
Book Value Per Share5.55
Working Capital106.68M

Cash Flow

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Mitek Systems, Inc. produced 53.69M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -5.08M in capital expenditures, free cash flow totaled 48.61M - equivalent to 1.07 per share.

Operating Cash Flow53.69M
Capital Expenditures-5.08M
Free Cash Flow48.61M
FCF Per Share1.07

Margins

Over the twelve months ended June 30, 2026, Mitek Systems, Inc. posted a gross margin of 83.61, reflecting its pricing power and cost economics. The operating margin of 18.06 and net profit margin of 11.39 provide insight into operational efficiency.

Gross Margin83.61
Operating Margin18.06
Pretax Margin15.97
Profit Margin11.39
EBITDA Margin25.21

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 5.13, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 13.90, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Mitek Systems, Inc. shareholders.

Shareholder Yield13.90
FCF Yield5.13

Stock Splits

Mitek Systems, Inc.'s most recent stock split took place on November 21, 1986 with a 50:1 split ratio.

Last Split Date11/21/1986
Split Ratio50:1

Scores

As of June 30, 2026, Mitek Systems, Inc. has an Altman Z-Score of 6.54, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score6.54