Is Mitek Systems, Inc. overvalued or undervalued?
2025-10-21 12:03:35As 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. 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 p...
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Mitek Systems Experiences Revision in Its Stock Evaluation Amid Market Challenges
2025-10-20 16:32:57Mitek Systems, Inc. has recently adjusted its valuation, with a P/E ratio of 30 and a price-to-book value of 2.12. Despite a favorable PEG ratio of 0.14, the company has faced challenges, posting a year-to-date return of -19.23%, contrasting with the S&P 500's gain of 13.30%.
Read MoreIs Mitek Systems, Inc. overvalued or undervalued?
2025-10-20 12:21:06As of 17 October 2025, Mitek Systems, Inc. has moved from a very attractive to an attractive valuation grade. The company appears to be overvalued based on its current metrics. Key ratios include a P/E ratio of 30, an EV to EBITDA of 13.06, and a PEG ratio of 0.14, which suggests that while growth expectations may be low, the stock price remains high relative to earnings. In comparison to peers, Mitek's P/E ratio is significantly lower than Model N, Inc. at 1182.69, but higher than PDF Solutions, Inc. at 983.40, indicating a mixed valuation landscape within the industry. Additionally, Mitek's recent stock performance has been underwhelming, with a year-to-date return of -19.23% compared to the S&P 500's 13.30%, reinforcing the notion that the stock may not be a favorable investment at this time....
Read MoreIs Mitek Systems, Inc. overvalued or undervalued?
2025-10-19 11:58:44As of 17 October 2025, Mitek Systems, Inc. has moved from a very attractive to an attractive valuation grade. The company appears to be overvalued given its current P/E ratio of 30, which is significantly higher than the peer average of 27.69 for similar companies like Model N, Inc. and PDF Solutions, Inc., which have P/E ratios of 1182.69 and 983.40, respectively. Additionally, Mitek's EV to EBITDA stands at 13.06, while its peers average around 11.44, further suggesting a premium valuation. Despite the attractive valuation grade, Mitek's performance has lagged behind the S&P 500, with a year-to-date return of -19.23% compared to the index's 13.30%. This trend continues over longer periods, with a 5-year return of -30.31% versus the S&P 500's 91.29%, indicating that the stock may not be a favorable investment at its current price of 8.99. Overall, Mitek Systems, Inc. is considered overvalued based on the ...
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Mitek Systems Experiences Revision in Its Stock Evaluation Amid Competitive Market Landscape
2025-09-29 16:02:14Mitek Systems, Inc. has recently adjusted its valuation, showcasing a competitive financial position with a P/E ratio of 30 and a PEG ratio of 0.14. Despite recent stock declines, the company outperformed the S&P 500 over the past year, indicating a favorable growth outlook relative to its peers.
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