Historical Valuation
Mitek Systems Inc (MITK) is now in the Undervalued zone, suggesting that its current forward PE ratio of 9.79 is considered Undervalued compared with the five-year average of 14.02. The fair price of Mitek Systems Inc (MITK) is between 12.45 to 20.95 according to relative valuation methord. Compared to the current price of 10.68 USD , Mitek Systems Inc is Undervalued By 14.23%.
Relative Value
Fair Zone
12.45-20.95
Current Price：10.68
14.23%
Undervalued
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
Mitek Systems Inc (MITK) has a current Price-to-Book (P/B) ratio of 1.89. Compared to its 3-year average P/B ratio of 2.23 , the current P/B ratio is approximately -15.19% higher. Relative to its 5-year average P/B ratio of 2.80, the current P/B ratio is about -32.44% higher. Mitek Systems Inc (MITK) has a Forward Free Cash Flow (FCF) yield of approximately 11.88%. Compared to its 3-year average FCF yield of 6.64%, the current FCF yield is approximately 79.00% lower. Relative to its 5-year average FCF yield of 5.85% , the current FCF yield is about 103.00% lower.
P/B
Median3y
2.23
Median5y
2.80
FCF Yield
Median3y
6.64
Median5y
5.85
Competitors Valuation Multiple
AI Analysis for MITK
The average P/S ratio for MITK competitors is 1.67, providing a benchmark for relative valuation. Mitek Systems Inc Corp (MITK.O) exhibits a P/S ratio of 2.39, which is 42.97% above the industry average. Given its robust revenue growth of 3.60%, this premium appears unsustainable.
Performance Decomposition
AI Analysis for MITK
1Y
3Y
5Y
Market capitalization of MITK increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of MITK in the past 1 year is driven by Unknown.
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Frequently Asked Questions
Is MITK currently overvalued or undervalued?
Mitek Systems Inc (MITK) is now in the Undervalued zone, suggesting that its current forward PE ratio of 9.79 is considered Undervalued compared with the five-year average of 14.02. The fair price of Mitek Systems Inc (MITK) is between 12.45 to 20.95 according to relative valuation methord. Compared to the current price of 10.68 USD , Mitek Systems Inc is Undervalued By 14.23% .
What is Mitek Systems Inc (MITK) fair value?
MITK's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Mitek Systems Inc (MITK) is between 12.45 to 20.95 according to relative valuation methord.
How does MITK's valuation metrics compare to the industry average?
The average P/S ratio for MITK's competitors is 1.67, providing a benchmark for relative valuation. Mitek Systems Inc Corp (MITK) exhibits a P/S ratio of 2.39, which is 42.97% above the industry average. Given its robust revenue growth of 3.60%, this premium appears unsustainable.
What is the current P/B ratio for Mitek Systems Inc (MITK) as of Jan 09 2026?
As of Jan 09 2026, Mitek Systems Inc (MITK) has a P/B ratio of 1.89. This indicates that the market values MITK at 1.89 times its book value.
What is the current FCF Yield for Mitek Systems Inc (MITK) as of Jan 09 2026?
As of Jan 09 2026, Mitek Systems Inc (MITK) has a FCF Yield of 11.88%. This means that for every dollar of Mitek Systems Inc’s market capitalization, the company generates 11.88 cents in free cash flow.
What is the current Forward P/E ratio for Mitek Systems Inc (MITK) as of Jan 09 2026?
As of Jan 09 2026, Mitek Systems Inc (MITK) has a Forward P/E ratio of 9.79. This means the market is willing to pay $9.79 for every dollar of Mitek Systems Inc’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Mitek Systems Inc (MITK) as of Jan 09 2026?
As of Jan 09 2026, Mitek Systems Inc (MITK) has a Forward P/S ratio of 2.39. This means the market is valuing MITK at $2.39 for every dollar of expected revenue over the next 12 months.