Loading...
Search stocks here...
Dashboard Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator
Pricing About Contact Us
Sign Up Log in

Mitek Systems Inc
NASDAQ:MITK

Watchlist Manager
Mitek Systems Inc Logo
Mitek Systems Inc
NASDAQ:MITK
Watchlist
Price: 9.35 USD -0.85%
Updated: Mar 30, 2023
Section:
 

Relative Value

The Relative Value of one MITK stock under the Base Case scenario is 22.01 USD. Compared to the current market price of 9.35 USD, Mitek Systems Inc is Undervalued by 58%.

Relative valuation is one of two methods of placing a monetary value on a company; the other is Discounted Cash Flow valuation method. We use a combination of these two methods to calculate the Intrinsic Value of stock as accurately as possible.

MITK Relative Value
Base Case
22.01 USD
Undervaluation 58%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.4
P/S
P/S
Price to Sales
2.4
Median 5.2
Industry 2.4
Forward Multiple 2.8
More Details
42
P/E
P/E
Price to Earnings
42
Median 72.8
Industry 22.1
Forward Multiple 10.2
More Details
14.6
P/OCF
P/OCF
Price to OCF
14.6
Median 21.2
Industry 16.9
Forward Multiple N/A
More Details
15.7
P/FCFE
P/FCFE
Price to FCFE
15.7
Median 22.4
Industry 21.3
Forward Multiple N/A
More Details
2.3
P/B
P/B
Price to Book Value
2.3
Median 3.9
Industry 2.7
Forward Multiple N/A
More Details
2.7
EV/S
EV/S
Enterprise Value to Sales
2.7
Median 4.8
Industry 2.4
Forward Multiple 3.2
More Details
3.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
3.1
Median 5.4
Industry 5.2
Forward Multiple N/A
More Details
12.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.5
Median 24.3
Industry 12.8
Forward Multiple 10.6
More Details
18.9
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
18.9
Median 38.7
Industry 15.9
Forward Multiple 9.2
More Details
16.6
EV/OCF
EV/OCF
Enterprise Value to OCF
16.6
Median 19.8
Industry 15.7
Forward Multiple N/A
More Details
17.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
17.5
Median 20.8
Industry 18.7
Forward Multiple N/A
More Details
1.6
EV/IC
EV/IC
Enterprise Value to IC
1.6
Median 3.3
Industry 2.4
Forward Multiple N/A
More Details

Multiples Across Competitors

MITK Competitors Multiples
Mitek Systems Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Mitek Systems Inc
NASDAQ:MITK
415M USD 2.4 42 12.5 18.9
IL
Nice Ltd
TASE:NICE
5.1T ILS 652.9 5 355.4 2 780.8 4 245.3
US
Advant-e Corp
OTC:ADVC
671B USD 66 369.3 335 223.2 201 163.8 221 259.6
ZA
MIX Telematics Ltd
JSE:MIX
334B Zac 0 0 0 0
US
Salesforce Inc
NYSE:CRM
199B USD 6.3 955.3 34.7 105.4
US
Adobe Inc
NASDAQ:ADBE
174B USD 9.7 36.8 24.7 28.2
DE
SAP SE
XETRA:SAP
135B EUR 4.4 58.9 18.2 24.5
US
Intuit Inc
NASDAQ:INTU
123B USD 9 63.2 36.5 47.9
US
Synopsys Inc
NASDAQ:SNPS
57.4B USD 11 60.7 42 50.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
56.4B USD 15.8 66.3 46.6 52.4
FR
Dassault Systemes SE
PAR:DSY
48.7B EUR 4.4 27.1 15.5 19.1

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
Similar Stocks
ALPHA SPREAD
Join more than 43,100+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Pricing Terms of Service Privacy Policy Affiliate Program

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2022 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.