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Mitek Systems Inc
NASDAQ:MITK

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Mitek Systems Inc
NASDAQ:MITK
Watchlist
Price: 12.41 USD -1.97% Market Closed
Updated: Apr 26, 2024
Section:
 

Relative Value

The Relative Value of one MITK stock under the Base Case scenario is 9.81 USD. Compared to the current market price of 12.41 USD, Mitek Systems Inc is Overvalued by 21%.

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
9.81 USD
Overvaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3.5
P/S
P/S
Price to Sales
3.5
vs History
65
vs Industry
32
Median 3Y
3.5
Median 5Y
4.6
Industry
2.2
Forward
3.1
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
9
Median 3Y
75.2
Median 5Y
71.1
Industry
24
Forward
12
More Details
34.3
P/OCF
P/OCF
Price to OCF
34.3
vs History
17
vs Industry
17
Median 3Y
19.3
Median 5Y
22
Industry
16.9
More Details
35.3
P/FCFE
P/FCFE
Price to FCFE
35.3
vs History
17
vs Industry
19
Median 3Y
16.4
Median 5Y
19.2
Industry
21.5
More Details
2.7
P/B
P/B
Price to Book Value
2.7
vs History
68
vs Industry
40
Median 3Y
2.8
Median 5Y
3.6
Industry
2.7
More Details
3.6
EV/S
EV/S
Enterprise Value to Sales
3.6
vs History
65
vs Industry
30
Median 3Y
3.8
Median 5Y
4.2
Industry
2.2
Forward
3.2
More Details
4.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.2
vs History
63
vs Industry
45
Median 3Y
4.4
Median 5Y
4.9
Industry
4.7
More Details
26.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
26.4
vs History
38
vs Industry
16
Median 3Y
18.6
Median 5Y
23.8
Industry
13
Forward
12.3
More Details
136.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
136.1
vs History
4
vs Industry
3
Median 3Y
32.2
Median 5Y
33.8
Industry
16.5
Forward
10.7
More Details
35.2
EV/OCF
EV/OCF
Enterprise Value to OCF
35.2
vs History
15
vs Industry
16
Median 3Y
19.3
Median 5Y
20.8
Industry
15.3
More Details
37.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
37.8
vs History
15
vs Industry
15
Median 3Y
20.2
Median 5Y
21.4
Industry
18.1
More Details
2.2
EV/IC
EV/IC
Enterprise Value to IC
2.2
vs History
65
vs Industry
41
Median 3Y
2.1
Median 5Y
3
Industry
2.3
More Details

Multiples Across Competitors

MITK Competitors Multiples
Mitek Systems Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Mitek Systems Inc
NASDAQ:MITK
578.7m USD 3.5 -231.8 26.4 136.1
US
Ezenia! Inc
OTC:EZEN
789.1B USD 325 533 -251 383.2 -254 217.5 -246 745.2
US
Advant-e Corp
OTC:ADVC
670.7B USD 66 369.3 335 223.2 201 163.8 221 259.6
US
Salesforce Inc
NYSE:CRM
263.8B USD 7.6 63.8 25.9 43
US
Adobe Inc
NASDAQ:ADBE
213.2B USD 10.7 44.4 26.6 29.9
DE
SAP SE
XETRA:SAP
198.7B EUR 6.4 32.4 24.7 29.9
US
Intuit Inc
NASDAQ:INTU
175.4B USD 11.6 63.3 42.4 51.8
US
Synopsys Inc
NASDAQ:SNPS
80.4B USD 13.1 57.1 47.6 56.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
75B USD 18.3 72 52.7 58.7
US
Workday Inc
NASDAQ:WDAY
67.5B USD 9.3 48.9 134.7 342.3
CA
Constellation Software Inc
TSX:CSU
77.4B CAD 6.7 100.4 26.2 48.8
P/E Multiple
Earnings Growth
US
Mitek Systems Inc
NASDAQ:MITK
Average P/E: 37 300.6
Negative Multiple: -231.8 		N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -251 383.2 N/A
US
A
Advant-e Corp
OTC:ADVC
335 223.2
N/A
US
Salesforce Inc
NYSE:CRM
63.8
203%
US
Adobe Inc
NASDAQ:ADBE
44.4
97%
DE
SAP SE
XETRA:SAP
32.4
40%
US
Intuit Inc
NASDAQ:INTU
63.3
159%
US
Synopsys Inc
NASDAQ:SNPS
57.1
141%
US
Cadence Design Systems Inc
NASDAQ:CDNS
72
128%
US
Workday Inc
NASDAQ:WDAY
48.9
81%
CA
Constellation Software Inc
TSX:CSU
100.4
N/A
EV/EBITDA Multiple
EBITDA Growth
US
Mitek Systems Inc
NASDAQ:MITK
Average EV/EBITDA: 20 157.1
26.4
N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -254 217.5 N/A
US
A
Advant-e Corp
OTC:ADVC
201 163.8
N/A
US
Salesforce Inc
NYSE:CRM
25.9
95%
US
Adobe Inc
NASDAQ:ADBE
26.6
69%
DE
SAP SE
XETRA:SAP
24.7
64%
US
Intuit Inc
NASDAQ:INTU
42.4
123%
US
Synopsys Inc
NASDAQ:SNPS
47.6
130%
US
Cadence Design Systems Inc
NASDAQ:CDNS
52.7
107%
US
Workday Inc
NASDAQ:WDAY
134.7
650%
CA
Constellation Software Inc
TSX:CSU
26.2
N/A

See Also

Summary
MITK intrinsic value, competitors valuation, and company profile.
DCF Valuation
MITK stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MITK stock valuation using valuation multiples.
Wall Street Estimates
MITK price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MITK stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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