Mitek Systems (STU:MKQ) Cyclically Adjusted FCF per Share: € (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:MKQ Mitek Systems Inc STU:MKQ
84 GF Score
Price €14.50
GF Value €9.99
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Mitek Systems Cyclically Adjusted FCF per Share?

Mitek Systems STU:MKQ -4.35% 84 Cyclically Adjusted FCF per Share is € as of Jun. 2026. GuruFocus rates STU:MKQ with a GF Score™ of 84/100 and a GF Value™ of €9.99 (Significantly Overvalued). The stock has 2 warning signs investors should review.

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 Jun. 2026 was €0.447. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Mitek Systems's average Cyclically Adjusted FCF Growth Rate was 16.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 23.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 30.10% 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 8.55% per year.

As of today (2026-09-21), Mitek Systems's current stock price is €14.50. Mitek Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was . Mitek Systems's Cyclically Adjusted Price-to-FCF of today is .

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 71.87.


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.

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 71.87.


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


Mitek Systems Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

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.

Mitek Systems Cyclically Adjusted FCF per Share Chart

Mitek Systems Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Mitek Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

STU:MKQ vs IBTA, DJCO, RSKD: Cyclically Adjusted FCF per Share Comparison

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 Cyclically Adjusted Price-to-FCF vs 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.


STU:MKQ
84GF Score
Mitek Systems Inc STU:MKQ
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.447/333.9520*333.9520
=0.447

Current CPI (Jun. 2026) = 333.9520.

Mitek Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.065 241.428 0.090
201612 -0.036 241.432 -0.050
201703 0.145 243.801 0.199
201706 0.066 244.955 0.090
201709 0.063 246.819 0.085
201712 0.058 246.524 0.079
201803 -0.015 249.554 -0.020
201806 -0.019 251.989 -0.025
201809 0.009 252.439 0.012
201812 0.041 251.233 0.054
201903 0.094 254.202 0.123
201906 0.023 256.143 0.030
201909 0.137 256.759 0.178
201912 0.108 256.974 0.140
202003 0.065 258.115 0.084
202006 0.191 257.797 0.247
202009 0.108 260.280 0.139
202012 0.159 260.474 0.204
202103 0.130 264.877 0.164
202106 0.159 271.696 0.195
202109 0.228 274.310 0.278
202112 0.037 278.802 0.044
202203 0.138 287.504 0.160
202206 0.136 296.311 0.153
202209 0.126 296.808 0.142
202212 0.110 296.797 0.124
202303 0.118 301.836 0.131
202306 0.322 305.109 0.352
202309 0.062 307.789 0.067
202312 -0.195 306.746 -0.212
202403 0.128 312.332 0.137
202406 0.241 314.175 0.256
202409 0.403 315.301 0.427
202412 0.005 315.605 0.005
202503 0.275 319.799 0.287
202506 0.380 322.561 0.393
202509 0.328 324.800 0.337
202512 0.120 324.054 0.124
202603 -0.045 330.213 -0.046
202606 0.447 333.952 0.447

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

What does a Cyclically Adjusted FCF per Share of € mean?
Mitek Systems (STU:MKQ) has a Cyclically Adjusted FCF per Share of € as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Mitek Systems and its competitors.
Is Mitek Systems' Cyclically Adjusted FCF per Share too high?
Mitek Systems' current Cyclically Adjusted FCF per Share is €. Overall, Mitek Systems has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitek Systems' Cyclically Adjusted FCF per Share compare to IBTA and DJCO?
Mitek Systems' Cyclically Adjusted FCF per Share of € can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Software company?
A good Cyclically Adjusted FCF per Share depends on the Software industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Mitek Systems and its competitors. Mitek Systems's current Cyclically Adjusted FCF per Share is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitek Systems stock overvalued right now?
Based on GuruFocus' analysis, Mitek Systems (STU:MKQ) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.99, compared to a current price of €14.50 — trading 45.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €. Mitek Systems' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Mitek Systems (STU:MKQ), the current Cyclically Adjusted FCF per Share is € as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mitek Systems (STU:MKQ) Overvalued in 2026?

Based on GuruFocus' analysis, Mitek Systems stock appears to be overvalued. The current stock price of €14.50 is trading 45.1% above its estimated GF Value™ of €9.99. GuruFocus considers Mitek Systems to be Significantly Overvalued.

Key valuation signals for STU:MKQ:

  • Cyclically Adjusted FCF per Share:
  • GF Value™: €9.99 vs. price of €14.50 (45.1% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the STU:MKQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitek Systems Business Description

Other Exchanges MITK:USA0K1W:UKMKQ:Germany
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.
84GF Score

Get the complete analysis for STU:MKQ

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.50
Price
€9.99
GF Value