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Mitek SystemsMITK +0.22%80 EV-to-EBITDA is 14.76 as of Aug. 22, 2026, which is 50% below its 10-year median of 29.64. 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 1,965 Software companies, Mitek Systems ranks worse than 63.16% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mitek Systems's enterprise value is $789.4 Mil.
Mitek Systems's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $53.5 Mil. Therefore, Mitek Systems's EV-to-EBITDA for today is 14.76.
The historical rank and industry rank for Mitek Systems's EV-to-EBITDA or its related term are showing as below:
MITK'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -985.18 Med: 29.64 Max: 894.46
Current: 14.76
During the past 13 years, the highest EV-to-EBITDA of Mitek Systems was 894.46. The lowest was -985.18. And the median was 29.64.
MITK's EV-to-EBITDA is ranked worse than 63.16% of 1965
companies
in the Software industry
Industry Median: 10.46
vs MITK: 14.76
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Mitek Systems's PE Ratio (TTM) for today is calculated as:
Mitek Systems's share price for today is $18.56.
Mitek Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.470.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Mitek Systems's EV-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 EV-to-EBITDA, along with its competitors' market caps and EV-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 EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Mitek Systems's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mitek Systems's EV-to-EBITDA falls into.
Mitek Systems's current Enterprise Value is $789.4 Mil.
Mitek Systems's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $53.5 Mil.
* 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 (MITK) has a EV-to-EBITDA of 14.76 as of Aug. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mitek Systems. This is 50% below median its historical median of 29.64. According to the industry distribution chart, Mitek Systems ranks #1241 out of 1965 companies in the Software industry, placing it in the top 63.2%.
Is Mitek Systems' EV-to-EBITDA too high?
Mitek Systems' current EV-to-EBITDA of 14.76 is 50% below median its 10-year median of 29.64. The Software industry median EV-to-EBITDA is 10.46. Mitek Systems' value of 14.76 is 41.1% above this industry median. Based on the distribution chart, Mitek Systems ranks #1241 out of 1965 companies in the Software industry, which is below 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' EV-to-EBITDA compare to DJCO and PD?
According to the Software industry distribution chart, Mitek Systems ranks #1241 out of 1965 companies for EV-to-EBITDA. This places Mitek Systems in the lower half of its industry. The industry median EV-to-EBITDA is 10.46. Mitek Systems' value of 14.76 is 41.1% above this benchmark. While the company's 10-year median is 29.64 vs. the industry median of 10.46, Mitek Systems has consistently been above 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 EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.46, based on 1,965 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitek Systems's current EV-to-EBITDA of 14.76 is 41.1% above 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mitek Systems. For the Software industry, the median EV-to-EBITDA is 10.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitek Systems's current EV-to-EBITDA is 14.76, which is 50% below median its own 10-year median of 29.64. 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 EV-to-EBITDA is 14.76, which is 50% below median its 10-year median of 29.64 and 41.1% above the Software industry median of 10.46. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Mitek Systems (MITK), the current EV-to-EBITDA is 14.76 as of Aug. 22, 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:
EV-to-EBITDA: 14.76 (50% below median its 10-year median of 29.64)
GF Value™: $11.51 vs. price of $18.56 (61.3% above fair value)
Industry Position: 41.1% above the Software median (#1241 of 1965)
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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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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