Mitek SystemsMITK -4.67%72 EV-to-FCF is 18.91 as of Jul. 02, 2026, which is 18% below its 10-year median of 23.03. GuruFocus rates MITK with a GF Score™ of 72/100 and a GF Value™ of $11.13 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,590 Software companies, Mitek Systems ranks worse than 63.4% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Mitek Systems's Enterprise Value is $842.4 Mil.
Mitek Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $44.5 Mil. Therefore, Mitek Systems's EV-to-FCF for today is 18.91.
The historical rank and industry rank for Mitek Systems's EV-to-FCF or its related term are showing as below:
MITK'
s EV-to-FCF Range Over the Past 10 Years
Min: 7.04 Med: 23.03 Max: 593.2
Current: 18.91
During the past 13 years, the highest EV-to-FCF of Mitek Systems was 593.20. The lowest was 7.04. And the median was 23.03.
MITK's EV-to-FCF is ranked worse than 63.4% of 1590
companies
in the Software industry
Industry Median: 14.255
vs MITK: 18.91
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $19.205.
Mitek Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.350.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Mitek Systems EV-to-FCF Related Terms
Mitek Systems EV-to-FCF Historical Data
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The historical data trend for Mitek Systems's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-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 EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Mitek Systems's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Mitek Systems's EV-to-FCF falls into.
Mitek Systems's current Enterprise Value is $842.4 Mil.
Mitek Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $44.5 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-FCF of 18.91 as of Jul. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mitek Systems and its competitors. This is 18% below median its historical median of 23.03. Over the past decade, Mitek Systems' EV-to-FCF has ranged from 7.04 to 593.20. According to the industry distribution chart, Mitek Systems ranks #1008 out of 1590 companies in the Software industry, placing it in the top 63.4%.
Is Mitek Systems' EV-to-FCF too high?
Mitek Systems' current EV-to-FCF of 18.91 is 18% below median its 10-year median of 23.03. Over the past 10 years, this metric has ranged from a low of 7.04 to a high of 593.20. The Software industry median EV-to-FCF is 14.26. Mitek Systems' value of 18.91 is 32.7% above this industry median. Based on the distribution chart, Mitek Systems ranks #1008 out of 1590 companies in the Software industry, which is below the industry midpoint. Overall, Mitek Systems has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitek Systems' EV-to-FCF compare to RDVT and GTM?
According to the Software industry distribution chart, Mitek Systems ranks #1008 out of 1590 companies for EV-to-FCF. This places Mitek Systems in the lower half of its industry. The industry median EV-to-FCF is 14.26. Mitek Systems' value of 18.91 is 32.7% above this benchmark. Historically, Mitek Systems' own EV-to-FCF has ranged from 7.04 to 593.20 over the past decade. While the company's 10-year median is 23.03 vs. the industry median of 14.26, 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-FCF for a Software company?
The median EV-to-FCF among Software companies is 14.26, based on 1,590 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitek Systems's current EV-to-FCF of 18.91 is 32.7% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mitek Systems and its competitors. For the Software industry, the median EV-to-FCF is 14.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitek Systems's current EV-to-FCF is 18.91, which is 18% below median its own 10-year median of 23.03. 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 $11.13, compared to a current price of $19.21 — trading 72.6% above its estimated fair value. The current EV-to-FCF is 18.91, which is 18% below median its 10-year median of 23.03 and 32.7% above the Software industry median of 14.26. Mitek Systems' overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Mitek Systems (MITK), the current EV-to-FCF is 18.91 as of Jul. 02, 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 $19.21 is trading 72.6% above its estimated GF Value™ of $11.13.
GuruFocus considers Mitek Systems to be Significantly Overvalued.
Key valuation signals for MITK:
EV-to-FCF: 18.91 (18% below median its 10-year median of 23.03)
GF Value™: $11.13 vs. price of $19.21 (72.6% above fair value)
Industry Position: 32.7% above the Software median (#1008 of 1590)
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.
72GF Score
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