Mitek Systems Inc. (MITK)
Mitek Systems Statistics
Share Statistics
Mitek Systems has 45.24M shares outstanding. The number of shares has increased by -3.31% in one year.
| Shares Outstanding | 45.24M |
| Shares Change (YoY) | -3.31% |
| Shares Change (QoQ) | 0.73% |
| Owned by Institutions (%) | 75.64% |
| Shares Floating | 43.98M |
| Failed to Deliver (FTD) Shares | 1.14K |
| FTD / Avg. Volume | 0.22% |
Short Selling Information
The latest short interest is 3.78M, so 8.41% of the outstanding shares have been sold short.
| Short Interest | 3.78M |
| Short % of Shares Out | 8.41% |
| Short % of Float | 8.64% |
| Short Ratio (days to cover) | 8.63 |
Valuation Ratios
The PE ratio is 123.15 and the forward PE ratio is 9.1. Mitek Systems's PEG ratio is -2.02.
| PE Ratio | 123.15 |
| Forward PE | 9.1 |
| PS Ratio | 2.35 |
| Forward PS | 1.7 |
| PB Ratio | 1.88 |
| P/FCF Ratio | 13.34 |
| PEG Ratio | -2.02 |
Enterprise Valuation
Mitek Systems has an Enterprise Value (EV) of 458.86M.
| EV / Sales | 2.67 |
| EV / EBITDA | 18.16 |
| EV / EBIT | 14.48 |
| EV / FCF | 15.17 |
Financial Position
The company has a current ratio of 4.39, with a Debt / Equity ratio of 0.69.
| Current Ratio | 4.39 |
| Quick Ratio | 4.39 |
| Debt / Equity | 0.69 |
| Debt / EBITDA | 5.88 |
| Debt / FCF | 4.91 |
| Interest Coverage | 0.24 |
Financial Efficiency
Return on Equity is 1.53% and Return on Invested Capital is -2.16%.
| Return on Equity | 1.53% |
| Return on Assets | 0.79% |
| Return on Invested Capital | -2.16% |
| Revenue Per Employee | $304.57K |
| Profits Per Employee | $5.8K |
| Employee Count | 565 |
| Asset Turnover | 0.42 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -4.19M |
| Effective Tax Rate | 460.62% |
Stock Price Statistics
The stock price has increased by -40.24% in the last 52 weeks. The beta is 1.08, so Mitek Systems's price volatility has been higher than the market average.
| Beta | 1.08 |
| 52-Week Price Change | -40.24% |
| 50-Day Moving Average | 9.5 |
| 200-Day Moving Average | 9.79 |
| Relative Strength Index (RSI) | 32.42 |
| Average Volume (20 Days) | 520.06K |
Income Statement
In the last 12 months, Mitek Systems had revenue of 172.08M and earned 3.28M in profits. Earnings per share was 0.07.
| Revenue | 172.08M |
| Gross Profit | 171.77M |
| Operating Income | 2.23M |
| Net Income | 3.28M |
| EBITDA | 25.26M |
| EBIT | 8.35M |
| Earnings Per Share (EPS) | 0.07 |
Balance Sheet
The company has 93.46M in cash and 148.64M in debt, giving a net cash position of -55.18M.
| Cash & Cash Equivalents | 93.46M |
| Total Debt | 148.64M |
| Net Cash | -55.18M |
| Retained Earnings | -30.27M |
| Total Assets | 395.96M |
| Working Capital | 138.29M |
Cash Flow
In the last 12 months, operating cash flow was 31.69M and capital expenditures -1.44M, giving a free cash flow of 30.25M.
| Operating Cash Flow | 31.69M |
| Capital Expenditures | -1.44M |
| Free Cash Flow | 30.25M |
| FCF Per Share | 0.65 |
Margins
Gross margin is 99.82%, with operating and profit margins of 1.3% and 1.9%.
| Gross Margin | 99.82% |
| Operating Margin | 1.3% |
| Pretax Margin | -0.53% |
| Profit Margin | 1.9% |
| EBITDA Margin | 14.68% |
| EBIT Margin | 1.3% |
| FCF Margin | 17.58% |
Dividends & Yields
MITK does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 0.81% |
| FCF Yield | 7.49% |
Analyst Forecast
The average price target for MITK is $13.5, which is 62.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $13.5 |
| Price Target Difference | 62.7% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
Scores
| Altman Z-Score | 1.97 |
| Piotroski F-Score | 7 |