Company Valuation: Mitek Systems, Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 814.4 406.7 488.7 400.6 446 876.7 - -
Change - -50.07% 20.18% -18.03% 11.33% 96.59% - -
Enterprise Value (EV) 756 444.3 490.6 413.8 446 876.7 876.7 876.7
Change - -41.23% 10.42% -15.65% 7.76% 96.59% 0% 0%
P/E 97.4x 131x 63.1x 124x 51.4x 44.4x 37.8x 29.4x
PBR - - - - - - - -
PEG - -2.1x 0x -2.1x 0x 0x 2.2x 1x
Capitalization / Revenue 6.8x 2.83x 2.84x 2.33x 2.48x 4.44x 4.1x 3.79x
EV / Revenue 0x 0x 0x 0x 0x 4.44x 4.1x 3.79x
EV / EBITDA 0x - 0x 0x 0x 13.5x 12.5x 10.9x
EV / EBIT 0x 0x 0x 0x 0x 27.4x 25.2x 20.8x
EV / FCF 0x - - 0x 0x 19.6x 15.3x -
FCF Yield 4.41% - - 7.55% 12.1% 5.09% 6.54% -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.19 0.07 0.17 0.07 0.19 0.4375 0.514 0.66
Distribution rate - - - - - - - -
Net sales 1 119.8 143.9 171.9 172.1 179.7 197.6 213.8 231.3
EBITDA 1 35.63 - 54.96 46.74 53.93 64.96 70.24 80.6
EBIT 1 13.71 11.34 15.56 2.231 16.79 32.02 34.83 42.2
Net income 1 8.409 3.032 7.813 3.278 8.796 20.97 25.04 28.6
Net Debt -58.45 37.64 1.903 13.26 - - - -
Reference price 2 18.50 9.16 10.72 8.67 9.77 19.43 19.43 19.43
Nbr of stocks (in thousands) 44,024 44,396 45,590 46,204 45,647 45,122 - -
Announcement Date 11/4/21 11/4/22 12/7/23 12/16/24 12/11/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
44.41x - - - 877M
-47.94x0.47x43.52x-.--% 18.03B
58.06x5.74x10.57x - 12.77B
-82.58x1.44x7.34x-.--% 9.15B
12.92x5.03x9.48x2.81% 8.1B
33.86x5.64x28.34x-.--% 4.08B
13.28x1.62x8.03x1.23% 2.46B
25.75x1.49x6.23x - 1.68B
6.36x1.03x6.39x2.89% 1.47B
Average 7.13x 2.81x 14.99x 1.15% 6.51B
Weighted average by Cap. -8.72x 2.89x 21.11x 0.69%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Mitek Systems, Inc.