Mitek Systems, Inc. cash flow to debt ratio of 35.66% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.

Mitek Systems, Inc.'s free cash flow has increased 79.12% from $30.25M last year to $54.19M, signaling increasing performance

Mitek Systems, Inc.'s debt to equity ratio is 0.21, which means that the company's assets are healthy financed, signaling financial stability.

Mitek Systems, Inc.'s debt has decreased relative to shareholder equity from 0.69 last year to 0.21 today, signaling strengthened financials

Mitek Systems, Inc. has a net cash position, so leverage is healthy.

Mitek Systems, Inc.'s interest coverage ratio of 4.88 indicates that earnings with good margin can cover interest payments on company debt

Mitek Systems, Inc.'s profit margin has increased (497.77%) in the last year from 1.90% to 11.39%, signaling increasing performance

Mitek Systems, Inc.'s short-term assets of $248.49M exceed its short-term liabilities of $209.03M

Mitek Systems, Inc.'s return on assets of 6.12% is higher than the 5.00% threshold, indicating efficient asset utilization

Mitek Systems, Inc.'s return on equity of 9.35%, is lower than 15.00%, indicating bad performance

Mitek Systems, Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation

Mitek Systems, Inc. had positive net income in 5 out of 5 years, indicating stable and consistent earnings

Mitek Systems, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures

Mitek Systems, Inc. has a free cash flow yield of 6.47%, which is above the 2.00% threshold, indicating strong cash generation relative to market value

Mitek Systems, Inc.'s yearly earnings has increased 168.33% since last year from $3.28M to $8.80M, signaling increasing performance

Mitek Systems, Inc.'s yearly revenue has increased 4.42% since last year from $172.08M to $179.69M, signaling increasing performance

ROIC 8.08% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.

Mitek Systems, Inc.'s 3-year revenue CAGR of 7.46% is positive, indicating growing revenue over the past 3 years

Mitek Systems, Inc. had revenue growth in 4 out of 5 years, indicating consistent revenue performance

Mitek Systems, Inc. had positive ROE in 5 out of 5 years, indicating consistent and reliable returns on equity

Mitek Systems, Inc. is undervalued relative to its fair value price of 21.21 based on Discounted Cash Flow model

Mitek Systems, Inc. has an earnings yield of 2.69%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings

Mitek Systems, Inc. is overvalued relative to its fair value price of 5.67 based on EBITDA multiple model

Mitek Systems, Inc. has an EV/EBITDA ratio of 21.71x, which exceeds the 20.00x threshold, indicating the stock may be overvalued relative to its operating earnings

Mitek Systems, Inc. is overvalued relative to its fair value price of 7.94 based on Earnings Fair Value model

Mitek Systems, Inc. has a PEG-ratio over 1 which is considered overvalued

Mitek Systems, Inc. has a price-to-book ratio of 3.34x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Mitek Systems, Inc. has a price-to-sales ratio of 4.23x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue