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Mitek Systems Inc
NASDAQ:MITK

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Mitek Systems Inc
NASDAQ:MITK
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Price: 13.19 USD 3.37% Market Closed
Updated: Jul 27, 2024
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Relative Value

The Relative Value of one MITK stock under the Base Case scenario is 11.21 USD. Compared to the current market price of 13.19 USD, Mitek Systems Inc is Overvalued by 15%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MITK Relative Value
Base Case
11.21 USD
Overvaluation 15%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
60
vs Industry
34
Median 3Y
3.5
Median 5Y
4.1
Industry
2.3
Forward
3.3
vs History
vs Industry
9
Median 3Y
72.7
Median 5Y
71.1
Industry
23.6
Forward
13.7
vs History
12
vs Industry
18
Median 3Y
19.3
Median 5Y
22
Industry
17.2
vs History
7
vs Industry
19
Median 3Y
16.6
Median 5Y
19.2
Industry
22.3
vs History
63
vs Industry
42
Median 3Y
2.7
Median 5Y
3.2
Industry
2.7
vs History
60
vs Industry
31
Median 3Y
3.7
Median 5Y
4.1
Industry
2.2
Forward
3.4
vs History
58
vs Industry
47
Median 3Y
4.3
Median 5Y
4.8
Industry
4.7
vs History
7
vs Industry
10
Median 3Y
18.6
Median 5Y
25.2
Industry
13.3
Forward
12.7
vs History
vs Industry
3
Median 3Y
27.2
Median 5Y
32.2
Industry
16.9
Forward
11.7
vs History
11
vs Industry
17
Median 3Y
19.8
Median 5Y
20.8
Industry
15.5
vs History
11
vs Industry
16
Median 3Y
20.7
Median 5Y
21.4
Industry
19
vs History
60
vs Industry
44
Median 3Y
2
Median 5Y
2.6
Industry
2.4

Multiples Across Competitors

MITK Competitors Multiples
Mitek Systems Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Mitek Systems Inc
NASDAQ:MITK
617.2m USD 3.7 -83.6 44.9 -190.7
US
Ezenia! Inc
OTC:EZEN
789.1B USD 325 533 -251 383.2 -254 217.5 -246 745.2
US
Salesforce Inc
NYSE:CRM
273.2B USD 7.6 49.9 25.9 40
DE
SAP SE
NYSE:SAP
248.3B USD 7.2 47.3 27.8 33.2
US
Adobe Inc
NASDAQ:ADBE
245.3B USD 12 48.3 29.7 33.3
US
NCR Corp
LSE:0K45
193.8B USD 22.3 -325.1 170 295
US
Intuit Inc
NASDAQ:INTU
177.4B USD 11.2 57.7 39.1 47
US
Synopsys Inc
NASDAQ:SNPS
83.4B USD 13.8 58.5 48.2 56.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
70.8B USD 17 67 52.1 59.2
CA
Constellation Software Inc
TSX:CSU
94.1B CAD 7.7 118.3 29.6 54.5
US
Workday Inc
NASDAQ:WDAY
60.6B USD 8 40.7 102 211.5
P/E Multiple
Earnings Growth
US
Mitek Systems Inc
NASDAQ:MITK
Average P/E: 61
Negative Multiple: -83.6
694%
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -251 383.2 N/A
US
Salesforce Inc
NYSE:CRM
49.9
198%
DE
SAP SE
NYSE:SAP
47.3
38%
US
Adobe Inc
NASDAQ:ADBE
48.3
94%
US
N
NCR Corp
LSE:0K45
Negative Multiple: -325.1 N/A
US
Intuit Inc
NASDAQ:INTU
57.7
163%
US
Synopsys Inc
NASDAQ:SNPS
58.5
124%
US
Cadence Design Systems Inc
NASDAQ:CDNS
67
121%
CA
Constellation Software Inc
TSX:CSU
118.3
N/A
US
Workday Inc
NASDAQ:WDAY
40.7
84%
EV/EBIT Multiple
EBIT Growth
US
Mitek Systems Inc
NASDAQ:MITK
Average EV/EBIT: 92.3
Negative Multiple: -190.7
266%
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -246 745.2 N/A
US
Salesforce Inc
NYSE:CRM
40
171%
DE
SAP SE
NYSE:SAP
33.2
81%
US
Adobe Inc
NASDAQ:ADBE
33.3
81%
US
N
NCR Corp
LSE:0K45
295
N/A
US
Intuit Inc
NASDAQ:INTU
47
161%
US
Synopsys Inc
NASDAQ:SNPS
56.7
132%
US
Cadence Design Systems Inc
NASDAQ:CDNS
59.2
116%
CA
Constellation Software Inc
TSX:CSU
54.5
78%
US
Workday Inc
NASDAQ:WDAY
211.5
1 572%

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