MITK (Mitek Systems) Goodwill-to-Asset: 0.36 (As of Jun. 2026)

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MITK Mitek Systems Inc MITK
80 GF Score
Price $18.56
GF Value $11.51
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Mitek Systems Goodwill-to-Asset?

Mitek Systems MITK +0.22% 80 Goodwill-to-Asset is 0.36 as of Jun. 2026. 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.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Mitek Systems's Goodwill for the quarter that ended in Jun. 2026 was $131.3 Mil. Mitek Systems's Total Assets for the quarter that ended in Jun. 2026 was $368.1 Mil. Therefore, Mitek Systems's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.36.


Mitek Systems  (NAS:MITK) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Mitek Systems Goodwill-to-Asset Related Terms


Mitek Systems Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Mitek Systems's Goodwill-to-Asset 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 Goodwill-to-Asset Chart

Mitek Systems Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.32 0.31 0.32 0.29

Mitek Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Goodwill-to-Asset 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 0.30 0.29 0.30 0.37 0.36

MITK vs DJCO, PD, RSKD: Goodwill-to-Asset Comparison

For the Software - Application subindustry, Mitek Systems's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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 Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, Mitek Systems's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Mitek Systems's Goodwill-to-Asset falls into.


MITK
80GF Score
Mitek Systems Inc MITK
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitek Systems Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Mitek Systems's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Goodwill to Asset (A: Sep. 2025 )=Goodwill/Total Assets
=133.457/459.109
=0.29

Mitek Systems's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=131.349/368.055
=0.36

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.36 mean?
Mitek Systems (MITK) has a Goodwill-to-Asset of 0.36 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Mitek Systems and its competitors.
Is Mitek Systems' Goodwill-to-Asset too high?
Mitek Systems' current Goodwill-to-Asset is 0.36. 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' Goodwill-to-Asset compare to DJCO and PD?
Mitek Systems' Goodwill-to-Asset of 0.36 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 Goodwill-to-Asset for a Software company?
A good Goodwill-to-Asset depends on the Software industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Mitek Systems and its competitors. Mitek Systems's current Goodwill-to-Asset is 0.36. 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 Goodwill-to-Asset is 0.36. 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 Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Mitek Systems (MITK), the current Goodwill-to-Asset is 0.36 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:

  • Goodwill-to-Asset: 0.36
  • GF Value™: $11.51 vs. price of $18.56 (61.3% above fair value)
  • GF Score™: 80/100 with 5 warning signs

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 Business Description

Other Exchanges 0K1W: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.
80GF Score

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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.56
Price
$11.51
GF Value