Mitek Systems Inc (MITK) is now in the Undervalued zone, suggesting that its current forward PE ratio of 9.79 is considered Undervalued compared with the five-year average of 13.70. The fair price of Mitek Systems Inc (MITK) is between 24.96 to 35.79 according to relative valuation method. Compared to the current price of 14.64 USD , Mitek Systems Inc By Undervalued By 41.34%.

Relative Value

Fair Zone

24.96-35.79

Current Price：14.64

41.34%

Undervalued

P/E

EV/EBITDA

EV/EBIT

P/S

P/OCF

P/FCF

Trailing

Forward

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Mitek Systems Inc (MITK) has a current Price-to-Book (P/B) ratio of 1.89. Compared to its 3-year average P/B ratio of 2.23, the current P/B ratio is approximately -15.02% higher. Relative to its 5-year average P/B ratio of 2.74, the current P/B ratio is about -30.93% higher. Mitek Systems Inc (MITK) has a Forward Free Cash Flow (FCF) yield of approximately 11.88%. Compared to its 3-year average FCF yield of 6.71%, the current FCF yield is approximately 77.16% lower. Relative to its 5-year average FCF yield of 5.91%, the current FCF yield is about 101.00% lower.

Competitors Valuation Multiple

AI Analysis

The average P/S ratio for MITK competitors is 1.50, providing a benchmark for relative valuation. Mitek Systems Inc Corp (MITK.O) exhibits a P/S ratio of 2.39, which is 58.93% above the industry average. Given its robust revenue growth of 18.76%, this premium appears unsustainable.

P/E

P/S

EV/EBITDA

EV/EBIT

Earnings Growth

Market Cap

Performance Decomposition

AI Analysis

Market capitalization of MITK increased by 0.00% over the past 1 year(s). The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.

The secondary factor is the Unknown, contributed 0.00% to the performance.

Overall, the performance of MITK in the past 1 year(s) is driven by Unknown.

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Frequently Asked Questions

Is MITK currently overvalued or undervalued?

What is Mitek Systems Inc (MITK) fair value?

MITK's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. The fair price of Mitek Systems Inc (MITK) is between 24.96 to 35.79 according to relative valuation method.

How does MITK's valuation metrics compare to the industry average?

The average P/S ratio for MITK's competitors is 1.50, providing a benchmark for relative valuation. Mitek Systems Inc Corp (MITK) exhibits a P/S ratio of 2.39, which is 58.93% above the industry average. Given its robust revenue growth of 18.76%, this premium appears unsustainable.

What is the current P/B ratio for Mitek Systems Inc (MITK) as of Mar 02 2026?

As of Mar 02 2026, Mitek Systems Inc (MITK) has a P/B ratio of 1.89. This indicates that the market values MITK at 1.89 times its book value.

What is the current FCF Yield for Mitek Systems Inc (MITK) as of Mar 02 2026?

As of Mar 02 2026, Mitek Systems Inc (MITK) has a FCF Yield of 11.88%. This means that for every dollar of Mitek Systems Inc's market capitalization, the company generates 11.88 cents in free cash flow.

What is the current Forward P/E ratio for Mitek Systems Inc (MITK) as of Mar 02 2026?

As of Mar 02 2026, Mitek Systems Inc (MITK) has a Forward P/E ratio of 9.79. This means the market is willing to pay $9.79 for every dollar of Mitek Systems Inc's expected earnings over the next 12 months.

What is the current Forward P/S ratio for Mitek Systems Inc (MITK) as of Mar 02 2026?

As of Mar 02 2026, Mitek Systems Inc (MITK) has a Forward P/S ratio of 2.39. This means the market is valuing MITK at $2.39 for every dollar of expected revenue over the next 12 months.

MITK Valuation