SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Mitek Systems, Inc. (MITK) trades at a trailing P/E of 38.3, forward P/E of 12.6. Trailing earnings yield is 2.61%, forward earnings yield 7.91%. PEG 0.22 (Peter Lynch undervalued ≤1.0). Graham Number is $6.38.
Criteria proven by this page:
- VALUE (44/100, Partial) — mixed signals — some valuation metrics are favorable while others are stretched.
- Forward P/E 12.6 (down from trailing 38.3) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 0.22 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
- Trailing Earnings Yield 2.61% — below bond yields — investors are paying a premium for expected growth rather than current earnings. Forward yield improves to 7.91% as earnings recover.
- Analyst consensus target $15.00 (+3.4% upside) — modest upside expected.
Overall SharesGrow Score: 60/100 with 3/7 criteria passed.
SharesGrow 7-Criteria Score
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VALUE
44/100
Price-to-Earnings & upside
Proven by this page
✗
HEALTH
33/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — MITK
Valuation Multiples
P/E (TTM)38.3
Forward P/E12.6
PEG Ratio0.22
Forward PEG0.03
P/B Ratio2.65
P/S Ratio3.29
EV/EBITDA13.0
Per Share Data
EPS (TTM)$0.35
Forward EPS (Est.)$1.15
Book Value / Share$5.11
Revenue / Share$4.08
FCF / Share$1.32
Yields & Fair Value
Earnings Yield2.61%
Forward Earnings Yield7.91%
Dividend Yield0.00%
Graham Number$6.38
SharesGrow IV$83.84 (+478.2%)
Analyst Target$15.00 (+3.4%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
133.7 |
-5.48 |
6.63 |
7.55 |
- |
| 2017 |
22.3 |
0.04 |
5.12 |
6.92 |
- |
| 2018 |
-20.5 |
0.12 |
2.53 |
3.80 |
- |
| 2019 |
-524.4 |
5.55 |
3.54 |
4.49 |
- |
| 2020 |
67.5 |
-0.06 |
3.99 |
5.21 |
- |
| 2021 |
100.9 |
-19.17 |
4.17 |
6.72 |
- |
| 2022 |
110.6 |
-2.05 |
2.39 |
2.82 |
- |
| 2023 |
60.8 |
0.52 |
2.38 |
2.83 |
- |
| 2024 |
123.1 |
-2.02 |
1.88 |
2.35 |
- |
| 2025 |
50.8 |
0.30 |
1.86 |
2.49 |
- |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$0.06 |
$34.7M |
$1.96M |
5.6% |
| 2017 |
$0.40 |
$45.39M |
$14.09M |
31% |
| 2018 |
$-0.33 |
$63.56M |
$-11.81M |
-18.6% |
| 2019 |
$-0.02 |
$84.59M |
$-724K |
-0.9% |
| 2020 |
$0.18 |
$101.31M |
$7.81M |
7.7% |
| 2021 |
$0.18 |
$119.8M |
$7.98M |
6.7% |
| 2022 |
$0.08 |
$143.94M |
$3.69M |
2.6% |
| 2023 |
$0.17 |
$172.55M |
$8.03M |
4.7% |
| 2024 |
$0.07 |
$172.08M |
$3.28M |
1.9% |
| 2025 |
$0.19 |
$179.69M |
$8.8M |
4.9% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$1.15 |
$1.12 – $1.17 |
$192.98M |
$192.64M – $193.32M |
3 |
| 2027 |
$1.22 |
$1.21 – $1.23 |
$208.55M |
$207.53M – $210.01M |
2 |
| 2028 |
$1.63 |
$1.62 – $1.64 |
$228.1M |
$226.99M – $229.7M |
1 |
