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Mitek Systems (STU:MKQ) Cyclically Adjusted FCF per Share : €0.45 (As of Mar. 2025)


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What is Mitek Systems Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Mitek Systems's adjusted free cash flow per share for the three months ended in Mar. 2025 was €0.268. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.45 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Mitek Systems's average Cyclically Adjusted FCF Growth Rate was 25.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 41.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Mitek Systems was 79.20% per year. The lowest was -51.90% per year. And the median was 9.10% per year.

As of today (2025-05-23), Mitek Systems's current stock price is €8.505. Mitek Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €0.45. Mitek Systems's Cyclically Adjusted Price-to-FCF of today is 18.90.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mitek Systems was 445.00. The lowest was 14.94. And the median was 86.94.


Mitek Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mitek Systems's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitek Systems Cyclically Adjusted FCF per Share Chart

Mitek Systems Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.19 0.31 0.36 0.42

Mitek Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.40 0.42 0.45 0.45

Competitive Comparison of Mitek Systems's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Mitek Systems's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitek Systems's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Mitek Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mitek Systems's Cyclically Adjusted Price-to-FCF falls into.


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Mitek Systems Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Mitek Systems's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.268/134.9266*134.9266
=0.268

Current CPI (Mar. 2025) = 134.9266.

Mitek Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.046 100.684 0.062
201509 0.053 100.392 0.071
201512 0.028 99.792 0.038
201603 0.112 100.470 0.150
201606 0.002 101.688 0.003
201609 0.063 101.861 0.083
201612 -0.037 101.863 -0.049
201703 0.145 102.862 0.190
201706 0.068 103.349 0.089
201709 0.071 104.136 0.092
201712 0.058 104.011 0.075
201803 -0.007 105.290 -0.009
201806 -0.021 106.317 -0.027
201809 0.003 106.507 0.004
201812 0.041 105.998 0.052
201903 0.094 107.251 0.118
201906 0.022 108.070 0.027
201909 0.141 108.329 0.176
201912 0.107 108.420 0.133
202003 0.064 108.902 0.079
202006 0.186 108.767 0.231
202009 0.126 109.815 0.155
202012 0.156 109.897 0.192
202103 0.133 111.754 0.161
202106 0.159 114.631 0.187
202109 0.218 115.734 0.254
202112 0.038 117.630 0.044
202203 0.140 121.301 0.156
202206 0.126 125.017 0.136
202209 0.108 125.227 0.116
202212 0.106 125.222 0.114
202303 0.124 127.348 0.131
202306 0.323 128.729 0.339
202309 0.061 129.860 0.063
202312 -0.192 129.419 -0.200
202403 0.126 131.776 0.129
202406 0.241 132.554 0.245
202409 0.403 133.029 0.409
202412 0.005 133.157 0.005
202503 0.268 134.927 0.268

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Mitek Systems  (STU:MKQ) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Mitek Systems's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.505/0.45
=18.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mitek Systems was 445.00. The lowest was 14.94. And the median was 86.94.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Mitek Systems Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Mitek Systems's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mitek Systems Business Description

Industry
Traded in Other Exchanges
Address
770 First Avenue, Suite 425, San Diego, CA, USA, 92101
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.

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