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Mitek Systems (Mitek Systems) EV-to-FCF : 38.03 (As of Apr. 26, 2024)


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What is Mitek Systems EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Mitek Systems's Enterprise Value is $598.6 Mil. Mitek Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $15.7 Mil. Therefore, Mitek Systems's EV-to-FCF for today is 38.03.

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: -592.47   Med: 22.8   Max: 593.2
Current: 38.03

During the past 13 years, the highest EV-to-FCF of Mitek Systems was 593.20. The lowest was -592.47. And the median was 22.80.

MITK's EV-to-FCF is ranked worse than
71.79% of 1517 companies
in the Software industry
Industry Median: 21.17 vs MITK: 38.03

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 to determine the fair market value of a company.

As of today (2024-04-26), Mitek Systems's stock price is $12.70. Mitek Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.060. Therefore, Mitek Systems's PE Ratio for today is At Loss.


Mitek Systems EV-to-FCF Historical Data

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.

* Premium members only.

Mitek Systems EV-to-FCF Chart

Mitek Systems Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.02 20.56 21.34 22.66 16.22

Mitek Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-FCF 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 20.41 20.92 15.57 16.22 39.77

Competitive Comparison of Mitek Systems's EV-to-FCF

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's EV-to-FCF Distribution in the 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 EV-to-FCF Calculation

Mitek Systems's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=598.607/15.742
=38.03

Mitek Systems's current Enterprise Value is $598.6 Mil.
Mitek Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.7 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  (NAS:MITK) EV-to-FCF Explanation

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 to determine the fair market value of a company.

Mitek Systems's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=12.70/-0.060
=At Loss

Mitek Systems's share price for today is $12.70.
Mitek Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.060.

* 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

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Mitek Systems (Mitek Systems) Business Description

Traded in Other Exchanges
Address
600 B Street, Suite 100, 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 is serving more than 7,800 financial services organizations and leading marketplace and financial technology brands across the globe. Mitek'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.
Executives
Christopher H Briggs other: SVP Identity 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Michael E Diamond other: General Manager 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Scipio Maximus Carnecchia director, officer: CEO & Director C/O MITEK SYSTEMS, INC., 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Fuad Ahmad officer: Interim CFO 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Frank Teruel officer: CFO 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Stephen Ritter officer: Chief Technology Officer 600 B STREET SUITE 100, SAN DIEGO CA 92101
Jason Gray officer: GC, Secretary & Admin Officer 600 B STREET SUITE 100, SAN DIEGO CA 92101
Scott Adam Marcus officer: General Counsel 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Rahul Gupta director 255 FISERV DRIVE, BROOKFIELD WI 53045
Susan Repo director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Scott R Carter director 8911 BALBOA AVENUE, SUITE B, SAN DIEGO CA 92123
William K Aulet director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Jeffrey C Davison officer: Chief Financial Officer 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Alex W Hart director 600 B STREET, SUITE 100, SAN DIEGO CA 92101