
Mitek Systems Inc
NASDAQ:MITK

Intrinsic Value
The intrinsic value of one
MITK
stock under the Base Case scenario is
19.8
USD.
Compared to the current market price of 10.32 USD,
Mitek Systems Inc
is
Undervalued by 48%.
The Intrinsic Value is calculated as the average of the two valuation methods:

Fundamental Analysis
MITK Profitability Score
Profitability Due Diligence
Mitek Systems Inc's profitability score is 59/100. The higher the profitability score, the more profitable the company is.
Score
Mitek Systems Inc's profitability score is 59/100. The higher the profitability score, the more profitable the company is.
MITK Solvency Score
Solvency Due Diligence
Mitek Systems Inc's solvency score is 67/100. The higher the solvency score, the more solvent the company is.
Score
Mitek Systems Inc's solvency score is 67/100. The higher the solvency score, the more solvent the company is.
Balance Sheet Decomposition
Mitek Systems Inc
MITK Capital Structure
Mitek Systems Inc
Market Capitalization | 458M USD | |
Total Debt | 127M USD | |
Minority Interest | 0 USD | |
Preferred Equity | 0 USD | |
Cash and Equivalents | 21.5M USD | |
Short-Term Investments | 49.5M USD | |
Enterprise Value | 515M USD |
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 17.6 USD
with a low forecast of 13.14 USD and a high forecast of 22.05 USD.
Competitive Landscape
MITK Competitors
Mitek Systems Inc
MITK Suppliers & Customers
Mitek Systems Inc
Mitek Systems Inc
key suppliers
Mitek Systems Inc has 20 key customers from 4 countries and 5 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Technology industry.
Ownership
MITK Insider Trading
Buy and sell transactions by insiders
During the last 12 months Mitek Systems Inc insiders have not bought any shares, and sold 843k USD worth of shares. The last transaction was made on Feb 6, 2023 by Carnecchia Scipio Maximus (Chief Executive Officer), who sold 286k USD worth of MITK shares.
Shareholder Return
MITK Price
Mitek Systems Inc
Average Annual Return | 35.34% |
Standard Deviation of Annual Returns | 60.79% |
Max Drawdown | -63% |
Market Capitalization | 458M USD |
Shares Outstanding | 44 680 400 |
Percentage of Shares Shorted | 6.76% |
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
19.8
USD.
Compared to the current market price of 10.32 USD, Mitek Systems Inc is Undervalued by 48%.