Mitek Systems, Inc.

  • Market Cap: Micro Cap
  • Industry: Computers - Software & Consulting
  • ISIN: US6067102003
USD
9.29
0.16 (1.75%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

162.88 k

Shareholding (Jun 2025)

FII

20.22%

Held by 83 FIIs

DII

46.33%

Held by 38 DIIs

Promoter

0.15%

How big is Mitek Systems, Inc.?

22-Jun-2025

As of Jun 18, Mitek Systems, Inc. has a market capitalization of 445.24 million and reported net sales of 177.38 million and net profit of 13.33 million over the latest four quarters. As of Sep 24, shareholder's funds are at 214.80 million and total assets at 413.75 million.

As of Jun 18, Mitek Systems, Inc. has a market capitalization of 445.24 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the sum of Net Sales for the latest four quarters is 177.38 million, while the sum of Net Profit for the same period is 13.33 million.<BR><BR>As of Sep 24, the reporting period shows Shareholder's Funds at 214.80 million and Total Assets at 413.75 million.

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What does Mitek Systems, Inc. do?

22-Jun-2025

Mitek Systems, Inc. is a software development company specializing in mobile image capture and digital identity verification solutions, with a market cap of $445.24 million and recent net sales of $52 million. Key financial metrics include a P/E ratio of 30.00 and a return on equity of 7.01%.

Overview:<BR>Mitek Systems, Inc. is a software development company that specializes in mobile image capture and digital identity verification solutions, operating within the Computers - Software & Consulting industry and classified as a micro-cap company.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 52 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 9 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 445.24 Million (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 30.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.07 <BR>Return on Equity: 7.01% <BR>Price to Book: 2.02<BR><BR>Contact Details:<BR>Address: 600 B St Ste 100, SAN DIEGO CA: 92101-4505 <BR>Tel: ['1 619 2696800', '1 323 4682300'] <BR>Fax: 1 619 2696801 <BR>Website: https://www.miteksystems.com/

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Should I buy, sell or hold Mitek Systems, Inc.?

22-Jun-2025

Who are in the management team of Mitek Systems, Inc.?

22-Jun-2025

As of March 2022, the management team of Mitek Systems, Inc. includes Bruce Hansen (Independent Chairman), Scipio Carnecchia (CEO), and several independent directors: Kimberly Stevenson, William Aulet, James Hale, Alex Hart, and Jane Thompson. They oversee the company's strategic direction and operations.

As of March 2022, the management team of Mitek Systems, Inc. includes the following individuals:<BR><BR>- Mr. Bruce Hansen, Independent Chairman of the Board<BR>- Mr. Scipio Carnecchia, Chief Executive Officer and Director<BR>- Ms. Kimberly Stevenson, Director<BR>- Mr. William Aulet, Independent Director<BR>- Mr. James Hale, Independent Director<BR>- Mr. Alex Hart, Independent Director<BR>- Ms. Jane Thompson, Independent Director<BR><BR>This team is responsible for guiding the company's strategic direction and overseeing its operations.

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Is Mitek Systems, Inc. technically bullish or bearish?

20-Sep-2025

As of August 8, 2025, Mitek Systems, Inc. shows a mildly bullish technical trend supported by positive MACD and moving averages, despite mixed signals from KST and underperformance against the S&P 500 year-to-date.

As of 8 August 2025, the technical trend for Mitek Systems, Inc. has changed from sideways to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bullish, indicating positive momentum. The daily moving averages are also bullish, supporting the upward trend. However, the KST is mildly bearish on a weekly basis and bearish on a monthly basis, which introduces some caution. The Dow Theory shows a mildly bullish stance on the weekly timeframe, but no trend on the monthly. <BR><BR>In terms of performance, Mitek has underperformed the S&P 500 year-to-date with a return of -6.92% compared to the S&P's 12.22%, but it has outperformed over the past year with a return of 21.17% versus the S&P's 17.14%. Overall, the current technical stance is mildly bullish, driven by the positive signals from MACD and moving averages, despite some mixed indicators from KST and OBV.

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Is Mitek Systems, Inc. overvalued or undervalued?

21-Oct-2025

As of October 17, 2025, Mitek Systems, Inc. is considered overvalued due to a high P/E ratio of 30 compared to its peers, a lower EV to EBITDA ratio, and significant underperformance in stock returns relative to the S&P 500.

As of 17 October 2025, the valuation grade for Mitek Systems, Inc. has moved from very attractive to attractive, indicating a shift in its perceived value. The company appears to be overvalued based on its current P/E ratio of 30, which is significantly higher than the peer average of approximately 27.69 for Mitek's closest competitor, Model N, Inc. Additionally, Mitek's EV to EBITDA ratio stands at 13.06, which is lower than the industry average, suggesting that while it may be attractive in some respects, its overall valuation metrics do not support a strong investment case at this time.<BR><BR>Mitek's PEG ratio of 0.14 indicates potential growth relative to its price, but this is overshadowed by its recent stock performance, which has lagged significantly behind the S&P 500, with a year-to-date return of -19.23% compared to the index's 13.30%. This underperformance, combined with a return of -30.31% over the past five years, reinforces the notion that Mitek Systems, Inc. is currently overvalued in the market.

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Dashboard
1

Company has a low Debt to Equity ratio (avg) at times

 
2

The company declared very positive results in Mar'25 after flat results in Dec'24

3

With ROE of 7.01%, it has a fair valuation with a 2.12 Price to Book Value

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Computers - Software & Consulting

stock-summary
Market cap

USD 456 Million (Micro Cap)

stock-summary
P/E

30.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.06

stock-summary
Return on Equity

6.93%

stock-summary
Price to Book

1.92

Revenue and Profits:
Net Sales:
46 Million
(Quarterly Results - Jun 2025)
Net Profit:
2 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-4.42%
0%
-4.42%
6 Months
-1.8%
0%
-1.8%
1 Year
0.65%
0%
0.65%
2 Years
-18.15%
0%
-18.15%
3 Years
-11.1%
0%
-11.1%
4 Years
-44.0%
0%
-44.0%
5 Years
-21.87%
0%
-21.87%

Mitek Systems, Inc. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
13.23%
EBIT Growth (5y)
12.57%
EBIT to Interest (avg)
5.05
Debt to EBITDA (avg)
0.62
Net Debt to Equity (avg)
0.07
Sales to Capital Employed (avg)
0.48
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
11.87%
ROE (avg)
8.82%
Valuation key factors
Factor
Value
P/E Ratio
30
Industry P/E
Price to Book Value
2.12
EV to EBIT
25.58
EV to EBITDA
13.06
EV to Capital Employed
2.05
EV to Sales
2.72
PEG Ratio
0.14
Dividend Yield
NA
ROCE (Latest)
8.02%
ROE (Latest)
7.01%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jun 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 55 Schemes (33.3%)

Foreign Institutions

Held by 83 Foreign Institutions (20.22%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -11.95% vs 39.14% in Mar 2025",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -73.91% vs 300.00% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
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          "field": "Net Sales",
          "val1": "45.70",
          "val2": "51.90",
          "chgp": "-11.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "8.30",
          "val2": "15.70",
          "chgp": "-47.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.50",
          "val2": "2.40",
          "chgp": "4.17%",
          "chgp_class": "negative"
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          "val1": "0.00",
          "val2": "-0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2.40",
          "val2": "9.20",
          "chgp": "-73.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "219.40%",
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        "prefix": "Consolidated Net Profit ",
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        "dir": -1
      }
    ],
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      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
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          "val2": "172.60",
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          "field": "Operating Profit (PBDIT) excl Other Income",
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          "field": "Interest",
          "val1": "9.30",
          "val2": "9.10",
          "chgp": "2.20%",
          "chgp_class": "negative"
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        {
          "field": "Exceptional Items",
          "val1": "-1.90",
          "val2": "-22.60",
          "chgp": "91.59%",
          "chgp_class": "positive"
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          "val2": "8.00",
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          "field": "Operating Profit Margin (Excl OI)",
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Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQstock-summary
Jun'25
Mar'25
Change(%)
Net Sales
45.70
51.90
-11.95%
Operating Profit (PBDIT) excl Other Income
8.30
15.70
-47.13%
Interest
2.50
2.40
4.17%
Exceptional Items
0.00
-0.00
Consolidate Net Profit
2.40
9.20
-73.91%
Operating Profit Margin (Excl OI)
83.30%
219.40%
-13.61%
USD in Million.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2025 is -11.95% vs 39.14% in Mar 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is -73.91% vs 300.00% in Mar 2025

Annual Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
172.10
172.60
-0.29%
Operating Profit (PBDIT) excl Other Income
22.70
58.30
-61.06%
Interest
9.30
9.10
2.20%
Exceptional Items
-1.90
-22.60
91.59%
Consolidate Net Profit
3.30
8.00
-58.75%
Operating Profit Margin (Excl OI)
24.00%
220.90%
-19.69%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Sep 2024 is -0.29% vs 19.20% in Sep 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Sep 2024 is -58.75% vs 116.22% in Sep 2023

stock-summaryCompany CV
About Mitek Systems, Inc. stock-summary
stock-summary
Mitek Systems, Inc.
Computers - Software & Consulting
Mitek Systems, Inc. is a software development company. The Company develops mobile image capture and digital identity verification solutions. Its products include Mobile Deposit, Mobile Verify, Mobile Fill, Mobile Docs, CheckReader, XE and ID_CLOUD. Mobile Deposit allows individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet. Mobile Verify is an identity verification solution. Mobile Fill automates application prefill of any form with user data by simply snapping a picture of the driver’s license or other similar user identity document. Mobile Docs is a mobile document scanning solution. It enables consumers to take photos of documents resulting in scanner-quality images. CheckReader enables financial institutions to automatically extract data from checks once they have been scanned or photographed by the application. Its XE technology provides accuracy for check image processing. ID_CLOUD is an automated identity verification solution.
Company Coordinates stock-summary
Company Details
600 B St Ste 100 , SAN DIEGO CA : 92101-4505
stock-summary
Tel: 1 619 26968001 323 4682300
stock-summary
Registrar Details