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MITK

STRONG BUY

Mitek Systems, Inc. · Technology · United States · $871M · Avg Vol: $22M/d

90
StockRank
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Q
61
V
46
M
78
P/E (TTM)
54.0x
ROE
7.2%
D/E
0.2x
Dividend %

COMPANY DESCRIPTION

Mitek Systems is a global leader in mobile image capture and digital identity verification software, best known for pioneering mobile check deposit technology. The company's patented algorithms power identity verification for major financial institutions, fintechs, and marketplaces worldwide. Mitek's deep intellectual property portfolio and high switching costs for enterprise clients secure its dominant position in the fraud prevention and digital onboarding sectors.

FINANCIAL SUMMARY (USD)

Year20212022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue144.8M172.6M172.1M179.7M7.5%189.6M194.5M210.7M8.3%
EPS0.070.180.070.1939.5%0.360.220.2413.0%
Shares44.7M45.6M45.0M45.6M+2.1%45.2M
Debt120.9M134.2M140.3M148.6M155.2M6.4%57.1M
Equity171.0M205.2M214.8M240.3M12.0%
Op CF21.1M31.6M31.7M55.3M37.9%48.1M
Inv CF1.7M-6.8M28.7M5.8M
Fin CF-21.1M1.7M-25.9M-1.8M
Loading 1Y...
PRICE (1Y)+13.1%
14.8916.2017.5118.8320.14May 27Jun 17Jul 9
SMA 50SMA 200
Close
$19.44
RSI (14)
67.8
52W High
$21.05
From 52W High
0.9%

SCORE BREAKDOWN

Quality
61
ROIC
8.6%56.7
ROE
7.2%50.9
GP/Assets
34.5%76.2
Op. Margin
24.7%88.4
FCF/Assets
10.1%80.0
Piotroski
537.5
Int. Cover
2.2x29.0
D/E Ratio
0.24x49.1
Current Ratio
2.61x65.6
Value
46
P/E (TTM)
54.0x35.3
EV/EBITDA
20.4x49.2
P/FCF
18.7x67.1
P/B
3.6x43.9
P/S
4.6x38.9
Div Yield
N/A
Momentum
78
52W High %
92%92.5
RS 6M
76%87.2
SMA 50/200
1.31x76.6
EPS Rev 4W
0.0%75.7
EPS Rev 12W
N/A
EPS Improve
+237%80.5
Q Growth
4%36.5

FUNDAMENTALS

Market Cap
$871M
P/E (Forward)
16.0x
Gross Margin
83.5%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of MITK are excluded.

TickerCompanyMkt CapStockRankSignal
MITKMitek Systems, Inc.(you)$871M90STRONG BUY
DFINDonnelley Financial Solutions, Inc.$1.0B86STRONG BUY
RDVTRed Violet, Inc.$850M82STRONG BUY
DSPViant Technology Inc.$774M80STRONG BUY
OOMAOoma, Inc.$507M85STRONG BUY
UPBDUpbound Group, Inc.$1.2B99STRONG BUY
RMNIRimini Street, Inc.$400M94STRONG BUY
GTMZoomInfo Technologies Inc.$852M68BUY
XPERXperi Inc.$390M82STRONG BUY
PLUSePlus inc.$2.1B83STRONG BUY

Peer medians: ROE 8.9% · P/E 38.5x · Gross margin 54.6%

Mitek Systems, Inc. (MITK) — Stock Score Summary

Mitek Systems, Inc. (MITK) has a MoatMap StockRank of 90/100 based on Quality (61/100), Value (46/100), and Momentum (78/100) factor scores. The current signal is STRONG BUY.

Mitek Systems is a global leader in mobile image capture and digital identity verification software, best known for pioneering mobile check deposit technology. The company's patented algorithms power identity verification for major financial institutions, fintechs, and marketplaces worldwide. Mitek's deep intellectual property portfolio and high switching costs for enterprise clients secure its dominant position in the fraud prevention and digital onboarding sectors.

Key Financial Metrics

Price$19.44
Market Cap$871M
P/E (TTM)54.00
P/E (Forward)16.01
Price/Book3.64
Return on Equity7.2%
Return on Invested Capital8.6%
Debt/Equity23.85
Gross Margin83.5%
Operating Margin24.7%
Revenue Growth5.6%
Free Cash Flow$47M

Mitek Systems, Inc. operates in the Software - Application industry, part of the Technology sector (United States).

Frequently Asked Questions

What is Mitek Systems, Inc.’s (MITK) StockRank?
MoatMap’s StockRank for Mitek Systems, Inc. (MITK) is 90/100, with a Strong Buy signal. It is a composite of Quality (61), Value (46), and Momentum (78) factor ranks across MoatMap’s 20,000+ stock universe.
Does Mitek Systems, Inc. have an economic moat?
Mitek Systems, Inc. (MITK) has a Quality factor score of 61/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Mitek Systems, Inc. a buy, hold, or sell?
MoatMap’s current signal for Mitek Systems, Inc. (MITK) is Strong Buy, based on a StockRank of 90/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Mitek Systems, Inc. in?
Mitek Systems, Inc. (MITK) operates in the Technology sector, specifically the Software - Application industry (United States).