MITEK SYSTEMS INC · Computer Peripheral Equipment, NEC

MITK

Low riskNext report: Around Dec 10 (est.)

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The short version

A profitable company with growing sales. Institutions are adding.

Going well

Sales up 18% in the latest quarter vs a year ago
Profitable
Brings in more cash than it spends

Money moves

No insider buying or selling in the last 30 days
Institutions added 4.3% to their holdings in the quarter ending June 2026 (103 bought, 85 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$18.73+0.5% that day

Company value: $845M; Share price times all shares
Price vs profit (P/E): 39.9x; You pay about $40 for each $1 of yearly profit
Price vs sales: 4.3x; Company value is 4.3 times a year of sales
Cash vs value: 11%; Cash as a share of company value
Debt vs value: 1%; Debt as a share of company value

From MITK's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$54.0M+18% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $197.9M, up 11% from the 12 months before. Over 5 years, sales grew about 12% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of MITK. Starting points are the company's recent numbers.

Sales growth+11% a yearRecently: +11% a yearProfit margin11%Last 12 months: 11.4%P/E at the end40xToday: 39.9x. Many steady companies trade at 12x to 25xShare count change+1% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$333M

Profit in 5 years$37M

Price these guesses point to$30.94+65% vs $18.73 todayAbout +11% a year, before dividends

What today's price needs: with a 11% margin and a 40x P/E, sales would have to grow about 0.4% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

2/6Weak

MissReturn on equity 15%+Earns a lot on the money owners have in the business.4.0%
PassDebt under half of equityNot relying on borrowed money.0.02x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.9%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$54.2M
MissShare count not growingNot diluting owners. Falling means buybacks.+2.5% in 3 years

Revenue: $179.7M; +4.4% vs prior year
5-year growth: +12.1%/yr; revenue, per year
Total debt: $4.8M; 0.02x equity
Current ratio: 1.18x; short-term assets / bills due

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.