Mitek Systems Inc
NASDAQ:MITK
Intrinsic Value
Mitek Systems, Inc. engages in the innovation of mobile capture and digital identity verification solutions. [ Read More ]
The intrinsic value of one MITK stock under the Base Case scenario is 11.11 USD. Compared to the current market price of 12.55 USD, Mitek Systems Inc is Overvalued by 11%.
Valuation Backtest
Mitek Systems Inc
Run backtest to discover the historical profit from buying and selling MITK stocks based on their intrinsic value.
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Fundamental Analysis
Balance Sheet Decomposition
Mitek Systems Inc
Current Assets | 186m |
Cash & Short-Term Investments | 123.9m |
Receivables | 52.6m |
Other Current Assets | 9.5m |
Non-Current Assets | 219.4m |
PP&E | 6.5m |
Intangibles | 190.8m |
Other Non-Current Assets | 22.1m |
Current Liabilities | 39.6m |
Accounts Payable | 10.2m |
Accrued Liabilities | 9.2m |
Other Current Liabilities | 20.2m |
Non-Current Liabilities | 152m |
Long-Term Debt | 139.3m |
Other Non-Current Liabilities | 12.7m |
Earnings Waterfall
Mitek Systems Inc
Revenue
|
163.8m
USD
|
Cost of Revenue
|
-23.4m
USD
|
Gross Profit
|
140.4m
USD
|
Operating Expenses
|
-136m
USD
|
Operating Income
|
4.4m
USD
|
Other Expenses
|
-6.9m
USD
|
Net Income
|
-2.5m
USD
|
Free Cash Flow Analysis
Mitek Systems Inc
MITK Profitability Score
Profitability Due Diligence
Mitek Systems Inc's profitability score is 52/100. The higher the profitability score, the more profitable the company is.
Score
Mitek Systems Inc's profitability score is 52/100. The higher the profitability score, the more profitable the company is.
MITK Solvency Score
Solvency Due Diligence
Mitek Systems Inc's solvency score is 62/100. The higher the solvency score, the more solvent the company is.
Score
Mitek Systems Inc's solvency score is 62/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
MITK Price Targets Summary
Mitek Systems Inc
According to Wall Street analysts, the average 1-year price target for MITK is 19.58 USD with a low forecast of 17.17 USD and a high forecast of 24.15 USD.
Ownership
MITK Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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6 Months |
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9 Months |
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12 Months |
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Shareholder Return
MITK Price
Mitek Systems Inc
Average Annual Return | 10.07% |
Standard Deviation of Annual Returns | 70.81% |
Max Drawdown | -63% |
Market Capitalization | 585.2m USD |
Shares Outstanding | 46 790 600 |
Percentage of Shares Shorted | 7.72% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Mitek Systems, Inc. engages in the innovation of mobile capture and digital identity verification solutions. The company is headquartered in San Diego, California and currently employs 435 full-time employees. The firm is engaged in the business of developing computer vision, artificial intelligence, and machine learning. The company operates through the development, sale, and service of software solutions related to the mobile imaging segment. The firm develops mobile image capture and digital identity verification solutions. Its products include Mobile Deposit, Mobile Verify, Mobile Fill, CheckReader, Check Fraud Defender, Check Intelligence, ID_CLOUD, IDLive Face, IDVoice, IDLive Voice and IDLive Doc. The Company’s digital technology solutions are provided in two parts, which include a software development kit for mobile image capture, and a cloud software platform, which uses artificial intelligence and machine learning to classify and extract data to enable mobile check deposit, as well as aid the authentication of identity documents, including passports, identity cards, and driver's licenses using a camera-equipped device.
Contact
IPO
Employees
Officers
The intrinsic value of one MITK stock under the Base Case scenario is 11.11 USD.
Compared to the current market price of 12.55 USD, Mitek Systems Inc is Overvalued by 11%.