# Mitek Systems Inc. (MITK) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $18.57, market value $838 million.

## Valuation
- **P/E (trailing): 39.5×** (5-yr avg 91.1×, 3-yr avg 79.4×). Mitek Systems Inc. trades at 39.5× trailing earnings, well below its own five-year average of 91.1×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 15.6×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.09**. A PEG of 0.09 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 4.2×**. Each dollar of revenue is priced at 4.2×.
- **Price / book: 3.3×**. The shares trade at 3.3× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 5.8%** (5-yr avg 6.9%). Free cash flow equals 5.8% of the market value, in line with its five-year average of 6.9%. Above 5% is generally attractive.
- **Earnings yield: 2.5%**. The inverse of the P/E: 2.5% of the price is earned each year.

## Profitability
- **Operating margin: 17.8%**. 17.8% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 4.9%**. 4.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 3.7%**. 3.7% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 11.7%**. Return on all capital, debt included, is 11.7%.
- **Return on assets: 4.9%**. Each dollar of assets produces 4.9% of profit.

## Growth
- **Revenue growth (1 yr): 4.4%** (3-yr 7.5%/yr, 5-yr 12.1%/yr). Revenue grew 4.4% over the last year, against 12.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 171.4%** (3-yr 33.4%/yr, 5-yr 1.1%/yr). Earnings per share rose 171.4%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 39.4%/yr**. Free cash flow has compounded at 39.4% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.63**. Debt is 0.63 times equity, moderate leverage.
- **Altman Z-score: 3.54**. A Z-score of 3.54 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Mitek Systems Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 92.2%** (YTD 76.0%, 3-mo 24.7%). The shares are up 92.2% over twelve months including dividends.
- **From 52-week high: -11.8%** (117.7% above the low). Trading 12% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 52**. An RSI of 52 is neutral.
- **Beta (1 yr): 1.61** (volatility 54%). Beta of 1.61 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MITK · Page: https://foliofundamentals.com/stocks/mitk

Not investment advice.