Mitek Systems Statistics
Share Statistics
Mitek Systems has 46.20M shares outstanding. The number of shares has increased by 1.35% in one year.
| Shares Outstanding | 46.20M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -1.25% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 45.18M |
| Failed to Deliver (FTD) Shares | 49 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 4.28M, so 9.26% of the outstanding shares have been sold short.
| Short Interest | 4.28M |
| Short % of Shares Out | 9.26% |
| Short % of Float | 9.49% |
| Short Ratio (days to cover) | 8.36 |
Valuation Ratios
The PE ratio is 60.81 and the forward PE ratio is 11.42.
| PE Ratio | 60.81 |
| Forward PE | 11.42 |
| PS Ratio | 2.83 |
| Forward PS | 2.3 |
| PB Ratio | 2.38 |
| P/FCF Ratio | 15.98 |
| PEG Ratio | n/a |
Enterprise Valuation
Mitek Systems Inc. has an Enterprise Value (EV) of 569.49M.
| EV / Earnings | 70.95 |
| EV / Sales | 3.3 |
| EV / EBITDA | 14.37 |
| EV / EBIT | 36.59 |
| EV / FCF | 18.64 |
Financial Position
The company has a current ratio of 3.69, with a Debt / Equity ratio of 0.67.
| Current Ratio | 3.69 |
| Quick Ratio | 3.69 |
| Debt / Equity | 0.67 |
| Total Debt / Capitalization | 40 |
| Cash Flow / Debt | 0.23 |
| Interest Coverage | 1.72 |
Financial Efficiency
Return on equity (ROE) is 0.04% and return on capital (ROIC) is 3.5%.
| Return on Equity (ROE) | 0.04% |
| Return on Assets (ROA) | 0.02% |
| Return on Capital (ROIC) | 3.5% |
| Revenue Per Employee | 301.14K |
| Profits Per Employee | 14.01K |
| Employee Count | 573 |
| Asset Turnover | 0.43 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 2.31M |
| Effective Tax Rate | 0.22 |
Stock Price Statistics
The stock price has increased by -31.3% in the last 52 weeks. The beta is 1.07, so Mitek Systems 's price volatility has been higher than the market average.
| Beta | 1.07 |
| 52-Week Price Change | -31.3% |
| 50-Day Moving Average | 9 |
| 200-Day Moving Average | 10.89 |
| Relative Strength Index (RSI) | 44.75 |
| Average Volume (20 Days) | 469.18K |
Income Statement
In the last 12 months, Mitek Systems had revenue of $172.55M and earned $8.03M in profits. Earnings per share was $0.18.
| Revenue | 172.55M |
| Gross Profit | 149.60M |
| Operating Income | 15.56M |
| Net Income | 8.03M |
| EBITDA | 39.62M |
| EBIT | 15.56M |
| Earnings Per Share (EPS) | 0.18 |
Balance Sheet
The company has $58.91M in cash and $140.28M in debt, giving a net cash position of -$81.37M.
| Cash & Cash Equivalents | 58.91M |
| Total Debt | 140.28M |
| Net Cash | -81.37M |
| Retained Earnings | -9.31M |
| Total Assets | 409.23M |
| Working Capital | 151.78M |
Cash Flow
In the last 12 months, operating cash flow was $31.59M and capital expenditures -$1.03M, giving a free cash flow of $30.55M.
| Operating Cash Flow | 31.59M |
| Capital Expenditures | -1.03M |
| Free Cash Flow | 30.55M |
| FCF Per Share | 0.67 |
Margins
Gross margin is 86.7%, with operating and profit margins of 9.02% and 4.65%.
| Gross Margin | 86.7% |
| Operating Margin | 9.02% |
| Pretax Margin | 5.99% |
| Profit Margin | 4.65% |
| EBITDA Margin | 22.96% |
| EBIT Margin | 9.02% |
| FCF Margin | 17.71% |
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 | 2.05% |
| FCF Yield | 7.51% |
Analyst Forecast
The average price target for MITK is $12, which is 36.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $12 |
| Price Target Difference | 36.4% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
Scores
| Altman Z-Score | 1.98 |
| Piotroski F-Score | 3 |