US · MITK
Mitek Systems, Inc.
- Sector
- Technology · Software - Application
- Headquarters
- San Diego, CA 92101
- Website
- miteksystems.com
Price · as of 2025-09-30
$14.54
Market cap 660.71M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $30.67 | +110.94% |
| Intrinsic Value(DCF) | $6.45 | -55.64% |
| Graham-Dodd Method(GD) | $3.30 | -77.32% |
| Graham Formula(GF) | $2.37 | -83.67% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $8.56 | $113.28 | $136.53 | $0.81 | $0.00 |
| 2012 | $3.45 | $475.16 | $27.24 | $0.00 | $0.87 |
| 2013 | $6.49 | $49.25 | $241.51 | $0.00 | $0.00 |
| 2014 | $3.50 | $38.65 | $84.51 | $0.00 | $0.00 |
| 2015 | $4.53 | $192.65 | $196.97 | $1.30 | $3.21 |
| 2016 | $6.50 | $48.99 | $107.58 | $1.47 | $2.69 |
| 2017 | $8.60 | $45.44 | $92.22 | $3.90 | $16.01 |
| 2018 | $8.97 | $41.54 | $167.39 | $0.06 | $0.00 |
| 2019 | $7.30 | $31.17 | $55.35 | $1.81 | $0.00 |
| 2020 | $14.22 | $75.24 | $39.73 | $3.28 | $5.11 |
| 2021 | $16.91 | $39.81 | $22.01 | $3.90 | $4.68 |
| 2022 | $10.29 | $40.37 | $9.12 | $1.66 | $2.32 |
| 2023 | $10.85 | $33.88 | $23.37 | $2.67 | $4.67 |
| 2024 | $9.06 | $34.71 | $2.02 | $2.14 | $0.56 |
| 2025 | $9.30 | $30.67 | $4.57 | $3.30 | $2.37 |
AI valuation
Our deep-learning model estimates Mitek Systems, Inc.'s (MITK) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $30.67
- Current price
- $14.54
- AI upside
- +110.94%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$6.45
-55.64% upside
Graham-Dodd
$3.30
-77.32% upside
Graham Formula
$2.37
-83.67% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| MITK | Mitek Systems, Inc. | $14.54 | 660.71M | +111% | -56% | -77% | -84% | 48.34 | 1.77 | 2.37 | 10.51 | 27.63 | 6.35 | 85.09% | 9.34% | 4.90% | 3.87% | 5.84% | 2.02% | 0.65 | 1.72 | 1.19 | 1.16 | 0.03 | 17496.00% | 442.00% | 7912.00% | 12.74% | 0.26 | 24.88% | 0.00% | 0.00% | 13.85% | 23.07 | 7.15 | 2.16 | 1.70 |
| CMRC | Commerce.com, Inc. | $2.78 | 225.91M | +923% | -59% | — | — | -27.07 | 5.75 | 0.66 | 28.09 | — | -9.49 | 78.75% | -4.74% | -5.65% | -23.00% | -23.24% | -2.58% | 4.21 | -1.62 | 1.98 | 1.77 | 13.58 | -3143.00% | 283.00% | -1656.00% | 8.30% | 0.25 | 26.94% | 0.00% | 0.00% | 4.61% | -15.47 | 13.34 | 0.73 | -1.05 |
| CRNC | Cerence Inc. | $7.91 | 356.09M | +295% | +13,452% | — | -19% | -29.17 | 3.62 | 2.17 | 57.62 | — | -3.68 | 72.07% | 5.21% | -7.43% | -12.83% | 4.36% | -2.81% | 1.53 | 1.28 | 1.84 | 1.45 | 12.24 | -9695.00% | -2405.00% | 28375.00% | 8.58% | 0.60 | 15.53% | 0.00% | 0.00% | 5.04% | 52.46 | 14.71 | 2.73 | -0.78 |
| EGAN | eGain Corporation | $9.34 | 255.79M | +373% | -56% | -13% | -57% | 5.68 | 2.27 | 2.07 | 20.71 | 1.61 | 2.71 | 70.12% | 5.01% | 36.47% | 46.33% | 64.43% | 23.32% | 0.05 | — | 1.60 | 1.54 | -9.91 | 35200.00% | -471.00% | -6167.00% | 2.57% | 0.08 | 68.28% | 0.00% | 0.00% | 8.62% | 27.93 | 26.35 | 1.40 | -0.13 |
| GRRR | Gorilla Technology Group … | $11.82 | 159.26M | +368% | +868% | — | — | -4.54 | 4.11 | 4.02 | -4.45 | — | 4.28 | 49.96% | -89.65% | -86.77% | -103.89% | -118.47% | -49.11% | 0.30 | -91.39 | 1.68 | 1.30 | -0.01 | -47378.00% | 1542.00% | 13486.00% | -10.36% | -0.39 | -56.16% | 0.00% | 0.00% | 10.23% | -4.26 | -9.16 | 3.82 | 0.33 |
| IMXI | International Money Expre… | $15.78 | 468.96M | +369% | -48% | -27% | -7% | 7.85 | 3.42 | 0.70 | 4.72 | 79.98 | 8.73 | 89.64% | 14.43% | 8.93% | 41.43% | 43.05% | 11.32% | 1.35 | 8.09 | 1.96 | 1.58 | 0.47 | 982.00% | -1.00% | -8234.00% | 5.00% | 0.35 | 14.81% | 0.00% | 0.00% | 16.27% | 5.40 | 22.22 | 0.78 | 4.11 |
| LAW | CS Disco, Inc. | $3.25 | 203.1M | +655% | -39% | — | — | -4.90 | 1.70 | 1.39 | -2.36 | — | 1.78 | 74.86% | -30.68% | -28.29% | -32.20% | -233.62% | -25.07% | 0.00 | — | 3.78 | 3.47 | 0.45 | -2258.00% | 829.00% | 5602.00% | -8.28% | -0.37 | -87.33% | 0.00% | 0.00% | 0.05% | -2.13 | -5.71 | 0.65 | 0.87 |
| MTLS | Materialise N.V. | $5.18 | 305.97M | +584% | -33% | -5% | -86% | 35.47 | 1.03 | 1.02 | 7.57 | — | 1.41 | 57.15% | 1.92% | 2.88% | 2.94% | 2.63% | 1.82% | 0.26 | 0.92 | 2.43 | 2.06 | -2.63 | -4348.00% | -363.00% | 7995.00% | 3.48% | 0.25 | 4.87% | 0.00% | 0.00% | 2.55% | 39.49 | 21.36 | 0.76 | 2.14 |
| OSPN | OneSpan Inc. | $11.04 | 423.1M | +197% | -43% | -39% | +42% | 5.45 | 1.46 | 1.63 | 5.60 | 18.08 | 2.51 | 70.69% | 20.59% | 29.98% | 30.10% | 28.93% | 19.80% | 0.02 | — | 1.50 | 1.10 | -1.08 | 3014.00% | 0.00% | 877.00% | 12.71% | 0.52 | 29.18% | 4.65% | 25.30% | 7.96% | 6.65 | 6.59 | 1.37 | 3.83 |
| PUBM | PubMatic, Inc. | $8.10 | 383.94M | +367% | -45% | -58% | — | -26.59 | 1.46 | 1.36 | 10.17 | — | 1.67 | 63.56% | -6.10% | -5.11% | -5.36% | -9.12% | -2.04% | 0.17 | — | 1.39 | 1.34 | -3.65 | -23478.00% | -286.00% | 9117.00% | 17.35% | 0.22 | 38.90% | 0.00% | 0.00% | 12.67% | -16.39 | 4.24 | 1.00 | 1.42 |
| RMNI | Rimini Street, Inc. | $3.72 | 341.32M | +1,597% | -60% | -54% | -28% | 9.20 | -12.63 | 0.81 | 3.78 | — | -12.63 | 60.40% | 7.84% | 8.80% | -76.91% | -24.38% | 9.37% | -1.03 | 5.19 | 0.86 | 0.74 | -1.40 | -19750.00% | -168.00% | -23179.00% | 16.31% | 0.17 | -61.58% | 0.00% | 0.00% | 31.52% | 7.54 | 4.48 | 0.59 | 0.91 |
About Mitek Systems, Inc.
Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company's solutions are embedded in native mobile apps and web browsers to facilitate digital consumer experiences. It offers Mobile Deposit that enables individuals and businesses to remotely deposit checks using their camera-equipped smartphone or tablet; and Mobile Verify, an identity verification solution that is integrated into mobile apps, mobile websites, and desktop applications. The company also provides Mobile Fill, which includes automatic image capture, minimizes the numbers of clicks, and expedites form fill completion; and MiSnap, a mobile-capture software development kit that enables an intuitive user experience and instant capture of quality images of identity documents and checks. In addition, it offers CheckReader that enables financial institutions to automatically extract data from checks; Check Fraud Defender, an AI-powered and cloud-hosted model for fighting check fraud; and Check Intelligence that enables financial institutions to automatically extract data from a check image received across any deposit channel, including branch, ATM, remote deposit capture, and mobile. Further, the company provides ID_CLOUD, an automated identity verification solution that is integrated into a customers' application to read and validate identity documents; IDLive Face, a passive facial liveness detection product; IDVoice, a robust AI-driven voice biometric engine; IDLive Voice that helps stop spoofing attacks on voice biometric systems; and IDLive Doc that works to fight fraud related to digitally displayed document images. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California.
- CEO
- Edward H. West
- Employees
- 565
- Beta
- 1.08
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($6.45 ÷ $14.54) − 1 = -55.64% (DCF, example).