Mitek Systems Stock Beta
| MITK Stock | USD 9.05 0.23 2.48% |
Mitek Systems' fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Mitek Stock price.
Mitek | Beta | Build AI portfolio with Mitek Stock |
Mitek Systems Company Beta Analysis
Mitek Systems' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Mitek Systems Beta | 1.15 |
Most of Mitek Systems' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mitek Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Mitek Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Mitek Systems is extremely important. It helps to project a fair market value of Mitek Stock properly, considering its historical fundamentals such as Beta. Since Mitek Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mitek Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mitek Systems' interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Mitek Systems has a Beta of 1.15. This is 8.49% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Mitek Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mitek Systems' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mitek Systems could also be used in its relative valuation, which is a method of valuing Mitek Systems by comparing valuation metrics of similar companies.Mitek Systems is currently under evaluation in beta category among its peers.
Mitek Systems ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mitek Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mitek Systems' managers, analysts, and investors.Environmental | Governance | Social |
Mitek Systems Institutional Holders
Institutional Holdings refers to the ownership stake in Mitek Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Mitek Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Mitek Systems' value.| Shares | Wellington Management Company Llp | 2025-03-31 | 785.6 K | Newtyn Management Llc | 2025-03-31 | 721.6 K | Ameriprise Financial Inc | 2025-03-31 | 677.4 K | Prudential Financial Inc | 2025-03-31 | 607.6 K | Lynrock Lake Lp | 2025-03-31 | 568.9 K | Thompson, Siegel & Walmsley Llc | 2025-03-31 | 541.7 K | Foundry Partners, Llc | 2025-03-31 | 497.8 K | Hillsdale Investment Management Inc. | 2025-03-31 | 440.6 K | Northern Trust Corp | 2025-03-31 | 427.5 K | Blackrock Inc | 2025-03-31 | 3.8 M | Vanguard Group Inc | 2025-03-31 | 3.6 M |
Mitek Systems returns are very sensitive to returns on the market. As the market goes up or down, Mitek Systems is expected to follow.
Mitek Fundamentals
| Return On Equity | 0.0611 | ||||
| Return On Asset | 0.0278 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 437.36 M | ||||
| Shares Outstanding | 45.56 M | ||||
| Shares Owned By Insiders | 2.77 % | ||||
| Shares Owned By Institutions | 77.56 % | ||||
| Number Of Shares Shorted | 1.85 M | ||||
| Price To Earning | 45.71 X | ||||
| Price To Book | 1.93 X | ||||
| Price To Sales | 2.38 X | ||||
| Revenue | 172.08 M | ||||
| Gross Profit | 152.26 M | ||||
| EBITDA | 26.96 M | ||||
| Net Income | 3.28 M | ||||
| Cash And Equivalents | 71.05 M | ||||
| Cash Per Share | 1.60 X | ||||
| Total Debt | 148.64 M | ||||
| Debt To Equity | 0.75 % | ||||
| Current Ratio | 2.61 X | ||||
| Book Value Per Share | 4.84 X | ||||
| Cash Flow From Operations | 31.69 M | ||||
| Short Ratio | 3.96 X | ||||
| Earnings Per Share | 0.29 X | ||||
| Price To Earnings To Growth | 1.28 X | ||||
| Target Price | 13.0 | ||||
| Number Of Employees | 565 | ||||
| Beta | 1.15 | ||||
| Market Capitalization | 422.84 M | ||||
| Total Asset | 413.75 M | ||||
| Retained Earnings | (30.27 M) | ||||
| Working Capital | 142.9 M | ||||
| Current Asset | 40.31 M | ||||
| Current Liabilities | 8.33 M | ||||
| Net Asset | 413.75 M |
About Mitek Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mitek Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mitek Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mitek Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ProphetCheck out Mitek Systems Piotroski F Score and Mitek Systems Altman Z Score analysis. For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.
Quarterly Earnings Growth 32.261 | Earnings Share 0.29 | Revenue Per Share | Quarterly Revenue Growth 0.106 | Return On Assets |
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.