Mitek Systems Inc
NASDAQ:MITK

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Mitek Systems Inc
NASDAQ:MITK
Watchlist
Price: 9.72 USD -2.9% Market Closed
Market Cap: 442.8m USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one MITK stock under the Base Case scenario is 19.68 USD. Compared to the current market price of 9.72 USD, Mitek Systems Inc is Undervalued by 51%.

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
19.68 USD
Undervaluation 51%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.5
P/S
P/S
Price to Sales
2.5
vs History
85
vs Industry
46
Median 3Y
2.9
Median 5Y
3.6
Industry
2.4
Forward
2.5
More Details
33.2
P/E
P/E
Price to Earnings
33.2
vs History
79
vs Industry
7
Median 3Y
60.9
Median 5Y
73.2
Industry
22.6
Forward
10.8
More Details
9.1
P/OCF
P/OCF
Price to OCF
9.1
vs History
93
vs Industry
47
Median 3Y
15.5
Median 5Y
19.3
Industry
17
More Details
9.6
P/FCFE
P/FCFE
Price to FCFE
9.6
vs History
74
vs Industry
42
Median 3Y
16.6
Median 5Y
16.6
Industry
21.5
More Details
2
P/B
P/B
Price to Book Value
2
vs History
88
vs Industry
53
Median 3Y
2.4
Median 5Y
2.7
Industry
2.9
More Details
2.6
EV/S
EV/S
Enterprise Value to Sales
2.6
vs History
87
vs Industry
42
Median 3Y
3
Median 5Y
3.7
Industry
2.4
Forward
2.5
More Details
3
EV/GP
EV/GP
Enterprise Value to Gross Profit
3
vs History
88
vs Industry
58
Median 3Y
3.6
Median 5Y
4.3
Industry
4.9
More Details
12.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.6
vs History
79
vs Industry
26
Median 3Y
16.4
Median 5Y
20.7
Industry
12.6
Forward
9.3
More Details
22.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
22.8
vs History
73
vs Industry
12
Median 3Y
23.9
Median 5Y
33.8
Industry
16.2
Forward
9.5
More Details
9.4
EV/OCF
EV/OCF
Enterprise Value to OCF
9.4
vs History
93
vs Industry
42
Median 3Y
16.3
Median 5Y
18.5
Industry
15.5
More Details
9.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
9.7
vs History
93
vs Industry
38
Median 3Y
16.9
Median 5Y
19.2
Industry
18.8
More Details
1.6
EV/IC
EV/IC
Enterprise Value to IC
1.6
vs History
84
vs Industry
53
Median 3Y
1.8
Median 5Y
2.1
Industry
2.4
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
442.6m USD 2.5 33.2 12.6 22.8
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
298B EUR 8.5 52 28.1 32.1
US
Palantir Technologies Inc
NYSE:PLTR
322.3B USD 103.5 564.7 727.8 781.2
US
Salesforce Inc
NYSE:CRM
247.9B USD 6.4 40 21 30.2
US
Intuit Inc
NASDAQ:INTU
210.4B USD 11.6 60.7 38.4 45
US
Adobe Inc
NASDAQ:ADBE
170.3B USD 7.7 25.2 19.1 21.1
US
NCR Corp
LSE:0K45
152.4B USD 44.3 165.3 476.6 3 399.4
US
Applovin Corp
NASDAQ:APP
123.3B USD 24 64.3 45.1 52.9
US
Microstrategy Inc
NASDAQ:MSTR
101.9B USD 221.9 -19.1 -3 196.9 -1 655.1
JP
Kaonavi Inc
TSE:4435
11.9T JPY 1 254.6 40 473.6 18 973.5 22 265.6
P/S Multiple
Revenue Growth P/S to Growth
US
Mitek Systems Inc
NASDAQ:MITK
Average P/S: 21 417.8
2.5
7%
0.4
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.5
12%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
103.5
33%
3.1
US
Salesforce Inc
NYSE:CRM
6.4
10%
0.6
US
Intuit Inc
NASDAQ:INTU
11.6
14%
0.8
US
Adobe Inc
NASDAQ:ADBE
7.7
10%
0.8
US
N
NCR Corp
LSE:0K45
44.3
-8%
N/A
US
Applovin Corp
NASDAQ:APP
24
23%
1
US
Microstrategy Inc
NASDAQ:MSTR
221.9
4%
55.5
JP
Kaonavi Inc
TSE:4435
1 254.6
N/A N/A
P/E Multiple
Earnings Growth PEG
US
Mitek Systems Inc
NASDAQ:MITK
Average P/E: 4 608.8
33.2
169%
0.2
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
52
50%
1
US
Palantir Technologies Inc
NYSE:PLTR
564.7
73%
7.7
US
Salesforce Inc
NYSE:CRM
40
32%
1.2
US
Intuit Inc
NASDAQ:INTU
60.7
34%
1.8
US
Adobe Inc
NASDAQ:ADBE
25.2
26%
1
US
N
NCR Corp
LSE:0K45
165.3
-47%
N/A
US
Applovin Corp
NASDAQ:APP
64.3
44%
1.5
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -19.1 N/A N/A
JP
Kaonavi Inc
TSE:4435
40 473.6
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Mitek Systems Inc
NASDAQ:MITK
Average EV/EBITDA: 2 260.2
12.6
52%
0.2
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
28.1
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
727.8
109%
6.7
US
Salesforce Inc
NYSE:CRM
21
24%
0.9
US
Intuit Inc
NASDAQ:INTU
38.4
28%
1.4
US
Adobe Inc
NASDAQ:ADBE
19.1
17%
1.1
US
N
NCR Corp
LSE:0K45
476.6
12%
39.7
US
Applovin Corp
NASDAQ:APP
45.1
42%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 196.9 N/A N/A
JP
Kaonavi Inc
TSE:4435
18 973.5
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Mitek Systems Inc
NASDAQ:MITK
Average EV/EBIT: 2 961.2
22.8
151%
0.2
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
32.1
21%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
781.2
110%
7.1
US
Salesforce Inc
NYSE:CRM
30.2
33%
0.9
US
Intuit Inc
NASDAQ:INTU
45
37%
1.2
US
Adobe Inc
NASDAQ:ADBE
21.1
20%
1.1
US
N
NCR Corp
LSE:0K45
3 399.4
90%
37.8
US
Applovin Corp
NASDAQ:APP
52.9
45%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 655.1 N/A N/A
JP
Kaonavi Inc
TSE:4435
22 265.6
N/A 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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