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Mitek SystemsMITK +0.22%80 Debt-to-EBITDA is 0.82 as of Jun. 2026, which is 82% below its 10-year median of 4.59. GuruFocus rates MITK with a GF Score™ of 80/100 and a GF Value™ of $11.51 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,731 Software companies, Mitek Systems ranks better than 50.84% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Mitek Systems's Debt-to-EBITDA or its related term are showing as below:
MITK'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.41 Med: 4.59 Max: 5.88
Current: 0.97
During the past 13 years, the highest Debt-to-EBITDA Ratio of Mitek Systems was 5.88. The lowest was 0.41. And the median was 4.59.
MITK's Debt-to-EBITDA is ranked better than 50.84% of 1731
companies
in the Software industry
Industry Median: 0.99
vs MITK: 0.97
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Mitek Systems Debt-to-EBITDA Related Terms
Mitek Systems Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Mitek Systems's Debt-to-EBITDA 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.
For the Software - Application subindustry, Mitek Systems's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Mitek Systems's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mitek Systems's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Mitek Systems (MITK) has a Debt-to-EBITDA of 0.82 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Mitek Systems. This is 82% below median its historical median of 4.59. Over the past decade, Mitek Systems' Debt-to-EBITDA has ranged from 0.41 to 5.88. According to the industry distribution chart, Mitek Systems ranks #851 out of 1731 companies in the Software industry, placing it in the top 49.2%.
Is Mitek Systems' Debt-to-EBITDA too high?
Mitek Systems' current Debt-to-EBITDA of 0.82 is 82% below median its 10-year median of 4.59. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 5.88. The Software industry median Debt-to-EBITDA is 0.99. Mitek Systems' value of 0.82 is 17.2% below this industry median. Based on the distribution chart, Mitek Systems ranks #851 out of 1731 companies in the Software industry, which is above the industry midpoint. Overall, Mitek Systems has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitek Systems' Debt-to-EBITDA compare to DJCO and PD?
According to the Software industry distribution chart, Mitek Systems ranks #851 out of 1731 companies for Debt-to-EBITDA. This puts Mitek Systems in the upper half of its industry. The industry median Debt-to-EBITDA is 0.99. Mitek Systems' value of 0.82 is 17.2% below this benchmark. Historically, Mitek Systems' own Debt-to-EBITDA has ranged from 0.41 to 5.88 over the past decade. While the company's 10-year median is 4.59 vs. the industry median of 0.99, Mitek Systems has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Software company?
The median Debt-to-EBITDA among Software companies is 0.99, based on 1,731 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitek Systems's current Debt-to-EBITDA of 0.82 is 17.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Mitek Systems. For the Software industry, the median Debt-to-EBITDA is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitek Systems's current Debt-to-EBITDA is 0.82, which is 82% below median its own 10-year median of 4.59. 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 (MITK) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.51, compared to a current price of $18.56 — trading 61.3% above its estimated fair value. The current Debt-to-EBITDA is 0.82, which is 82% below median its 10-year median of 4.59 and 17.2% below the Software industry median of 0.99. Mitek Systems' overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Mitek Systems (MITK), the current Debt-to-EBITDA is 0.82 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 (MITK) Overvalued in 2026?
Based on GuruFocus' analysis, Mitek Systems stock appears to be overvalued.
The current stock price of $18.56 is trading 61.3% above its estimated GF Value™ of $11.51.
GuruFocus considers Mitek Systems to be Significantly Overvalued.
Key valuation signals for MITK:
Debt-to-EBITDA: 0.82 (82% below median its 10-year median of 4.59)
GF Value™: $11.51 vs. price of $18.56 (61.3% above fair value)
Industry Position: 17.2% below the Software median (#851 of 1731)
No single metric tells the full story. See the MITK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
80GF Score
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