Obermatt

Mitek Systems

NAQ:MITK · US6067102003
SoftwareSmall

360

73
EV / EBIT21
Price / Owner Earnings24
Owner Earnings Yield54
Dividend Yield1
Price/Sales35
EV / Gross Profit46
Price/Book56
Return on Capital47
Cash Return on Capital58
Return on Equity52
EBIT Margin63
Gross Profitability64
Cash Conversion90
Accruals93
Owner Earnings Margin67
Sales growth29
Profit Growth34
Long-Term EPS Growth40
Owner Earnings Growth42
Reinvestment98
Price momentum91
Debt load51
Refinancing91
Debt Payback100
Liquidity65
Analyst ratings89
Opinion Changes96
Price Target Upside19
Market mood42
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Mitek Systems clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustrySoftware
SizeSmall
TypePublic Company
ExchangeNASDAQCM
Founded1986
Employees481
ISINUS6067102003
Last UpdateApr 2, 2026
Themes
FintechArtificial IntelligenceAnti-FraudImage RecognitionIdentity and Access ManagementSoftware DevelopmentBiometricsMachine LearningSpeech RecognitionFacial RecognitionComputer VisionAuthenticationDeveloper ToolsMobileMobile PaymentsSoftware

Description

Mitek Systems, Inc. (Mitek) provides digital identity verification and fraud prevention solutions. The company’s technologies help organizations verify identities, mitigate fraud risk, and enable secure digital interactions in response to increasing…

Analysis

Quality compounder

Mitek Systems, Inc. earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess.

On valuation, the picture is expensive. The owner-earnings multiple stands at 27.3×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
100
2023202420252026

All-time high

100

Jun 2026

All-time low

36

Jan 2025

Average rank

86

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
35
70
62
56
Price/Earnings
55
84
89
85
Price/Book
56
72
69
74
Dividend Yield
1
1
1
1
Value (overall)
76
75
82
79

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →