Mitek Systems, Inc. (MITK): Price and Financial Metrics

MITK POWR Grades

• Growth is the dimension where MITK ranks best; there it ranks ahead of 98.03% of US stocks.
• MITK's strongest trending metric is Stability; it's been moving up over the last 179 days.
• MITK's current lowest rank is in the Momentum metric (where it is better than 28.53% of US stocks).

MITK Stock Summary

• MITK's current price/earnings ratio is 74.37, which is higher than 90.39% of US stocks with positive earnings.
• With a year-over-year growth in debt of 1,829.47%, Mitek Systems Inc's debt growth rate surpasses 99.06% of about US stocks.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for MITK comes in at -19.93% -- higher than that of only 18.38% of stocks in our set.
• Stocks that are quantitatively similar to MITK, based on their financial statements, market capitalization, and price volatility, are AXTI, DLB, AIRG, PAR, and DM.
• Visit MITK's SEC page to see the company's official filings. To visit the company's web site, go to www.miteksystems.com.

MITK Valuation Summary

• MITK's price/sales ratio is 8.5; this is 60.38% higher than that of the median Technology stock.
• Over the past 243 months, MITK's price/sales ratio has gone up 5.9.
• MITK's EV/EBIT ratio has moved up 80.7 over the prior 243 months.

Below are key valuation metrics over time for MITK.

MITK Growth Metrics

The 5 year price growth rate now stands at 9.57%.
• Its 2 year net cashflow from operations growth rate is now at 66.12%.
• The 4 year net income to common stockholders growth rate now stands at 118.13%.

Over the past 70 months, MITK's revenue has gone up $96,062,711.

The table below shows MITK's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-12-31	126.295	30.862	8.935
2021-09-30	119.797	37.341	7.978
2021-06-30	117.165	31.763	11.169
2021-03-31	110.8	31.814	9.532
2020-12-31	105.219	27.662	9.421
2020-09-30	101.31	24.122	7.814

MITK's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• MITK has a Quality Grade of B, ranking ahead of 87.52% of graded US stocks.
• MITK's asset turnover comes in at 0.417 -- ranking 66th of 83 Computers stocks.
• EBIX, MNDT, and STX are the stocks whose asset turnover ratios are most correlated with MITK.

The table below shows MITK's key quality metrics over time.