MITKMitek Systems, Inc.
Is the price fair?
Neither cheap nor expensive: nothing decisive, though cheap against its own history.
Priced for ~3% a year FCF growth. Roughly in line with its three-year revenue growth of 4% a year.
Cheap vs its own history: P/E 37.7 vs a 70.8 median over 33 quarters (−47% vs median).
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What MITK's price assumes
Mitek Systems, Inc. trades at 37.7× earnings against 33.9× for the median Software - Application name, more expensive than its own group.
Trailing P/E · Software - Application median 33.9 · 1.11× the median: the market pays up for this one
- Free cash flow yield
- 6.3%
Free cash flow yield · Software - Application median 6.9%
- Growth the price implies
- +2.6%
Growth the price implies · The price pays for +2.6% free cash flow growth a year for a decade; the business has delivered +15% a year over the last three.
Details›
- Technology median P/E459 names
- 37.7
- Software - Application median P/E126 names
- 33.9
- Free cash flow, trailing twelve months
- $49M
- Market capitalisation
- $771M
- 3-year revenue growth
- +4.3%
- 3-year free cash flow growth
- +15%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $20.46 |
| Its own P/E history, median | $33.27 |
| Its own P/E history, upper quartile | $51.36 |
| 52-week range | $8.65 – $20.14 |
| Today | $17.71 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Software, Application
Ranks #44 of 96 by RyuScore