Mitek Systems, Inc. (MITK) is a Software - Application company in the Technology sector, currently trading at $14.50. It has a SharesGrow Score of 60/100, indicating a above average investment profile with 3 out of 7 criteria passed.
SharesGrow calculates the intrinsic value of MITK = $83.84 (+478.2% from the current price, the stock appears undervalued). Analyst consensus target is MITK = $15 (+3.4% upside).
Valuation: MITK trades at a trailing Price-to-Earnings (P/E) of 38.3 (S&P 500 average ~25) with a forward Price/Earnings-to-Growth (PEG) of 6.32.
Financials: revenue is $180M, +8%/yr average growth. Net income is $9M, growing at +75.5%/yr. Net profit margin is 4.9% (thin). Gross margin is 85.1% (-1 pp trend).
Balance sheet: total debt is $155M against $240M equity (Debt-to-Equity (D/E) ratio 0.65, moderate). Current ratio is 1.19 (adequate). Debt-to-assets is 33.8%. Total assets: $459M.
Analyst outlook: 11 / 14 analysts rate MITK as buy (79%) — strong consensus.
SharesGrow 7-Criteria breakdown: Value 44/100 (Partial), Growth 83/100 (Pass), Past 100/100 (Pass), Health 33/100 (Fail), Moat 60/100 (Partial), Future 67/100 (Pass), Income 30/100 (Fail).
