Mitek Systems Company Leadership

MITK Stock  USD 9.47  0.10  1.07%   
Mitek Systems employs about 565 people. The company is managed by 19 executives with a total tenure of roughly 40 years, averaging almost 2.0 years of service per executive, having 29.74 employees per reported executive. Inspection of Mitek Systems' management performance can provide insight into the company performance.
Scipio Carnecchia  CEO
CEO Director
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitek Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.

Mitek Systems Management Team Effectiveness

The company has return on total asset (ROA) of 0.0278 % which means that it generated a profit of $0.0278 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0611 %, meaning that it created $0.0611 on every $100 dollars invested by stockholders. Mitek Systems' management efficiency ratios could be used to measure how well Mitek Systems manages its routine affairs as well as how well it operates its assets and liabilities.

Mitek Systems Workforce Comparison

Mitek Systems is rated below average in number of employees category among its peers. The total workforce of Information Technology industry is now estimated at about 15,086. Mitek Systems holds roughly 565 in number of employees claiming about 4% of equities under Information Technology industry.
The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.22 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.22.

Mitek Systems Insider Trading

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Mitek Systems insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mitek Systems' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Mitek Systems insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Mitek Systems Notable Stakeholders

A Mitek Systems stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Mitek Systems often face trade-offs trying to please all of them. Mitek Systems' stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Mitek Systems' stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Scipio CarnecchiaCEO DirectorProfile
Edward WestCEO DirectorProfile
Scott CarterChairperson CEOProfile
Alexey KhitrovCTO OfficerProfile
Angela RomeiCorporate DirectorProfile
Jason JDChief OfficerProfile
Scott MarcusG CounselProfile
David LyleChief OfficerProfile
Michael DiamondChief Revenue OfficerProfile
Stephen RitterChief OfficerProfile
Frank TeruelCFO VPProfile
Garrett GafkeChief OfficerProfile
Todd KehrliIR Contact OfficerProfile
Christopher BriggsChief IdentityProfile
Chris BriggsSenior ProductsProfile
Sanjay GuptaVP MDProfile
Jason GrayGeneral Counsel and Administrative OfficerProfile
Cindy WhiteChief OfficerProfile
Judith HicksSenior OperationsProfile

About Mitek Systems Management Performance

The success or failure of an entity such as Mitek Systems often depends on how effective the management is. Mitek Systems management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Mitek management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Mitek management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California. Mitek Systems operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 435 people.

Mitek Systems Workforce Analysis

Traditionally, organizations such as Mitek Systems use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Mitek Systems within its industry.

Mitek Systems Manpower Efficiency

Return on Mitek Systems Manpower

Revenue Per Employee304.6K
Revenue Per Executive9.1M
Net Income Per Employee5.8K
Net Income Per Executive172.5K
Working Capital Per Employee252.9K
Working Capital Per Executive7.5M
When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitek Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mitek Systems. If investors know Mitek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mitek Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.