Mitek SystemsFRA:MKQ -1.88%78 Net Margin % is 17.39% as of Mar. 2026, which is 264% above its 10-year median of 4.78. GuruFocus rates FRA:MKQ with a GF Score™ of 78/100 and a GF Value™ of €8.73 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,827 Software companies, Mitek Systems ranks better than 72.27% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Mitek Systems's Net Income for the
three
months ended in Mar. 2026 was €8.2 Mil. Mitek Systems's Revenue for the
three
months ended in Mar. 2026 was €47.4 Mil. Therefore, Mitek Systems's net margin for the quarter that ended in Mar. 2026 was 17.39%.
The historical rank and industry rank for Mitek Systems's Net Margin % or its related term are showing as below:
FRA:MKQ'
s Net Margin % Range Over the Past 10 Years
Min: -18.58 Med: 4.78 Max: 31.05
Current: 8.74
FRA:MKQ's Net Margin % is ranked better than 72.27% of 2827
companies
in the Software industry
Industry Median: 2.54
vs FRA:MKQ: 8.74
Mitek Systems (FRA:MKQ) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Mitek Systems Net Margin % Related Terms
Mitek Systems Net Margin % Historical Data
* Premium members only.
The historical data trend for Mitek Systems's Net Margin % 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.
FRA:MKQ vs PD, IBTA, RDVT: Net Margin % Comparison
For the Software - Application subindustry, Mitek Systems's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Software Industry
For the Software industry and Technology sector, Mitek Systems's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mitek Systems's Net Margin % 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.
Mitek Systems (FRA:MKQ) has a Net Margin % of 17.39% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Mitek Systems and its competitors. This is 264% above median its historical median of 4.78. According to the industry distribution chart, Mitek Systems ranks #784 out of 2827 companies in the Software industry, placing it in the top 27.7%.
Is Mitek Systems' Net Margin % too high?
Mitek Systems' current Net Margin % of 17.39% is 264% above median its 10-year median of 4.78. The Software industry median Net Margin % is 2.54. Mitek Systems' value of 17.39% is 584.6% above this industry median. Based on the distribution chart, Mitek Systems ranks #784 out of 2827 companies in the Software industry, which is above the industry midpoint. Overall, Mitek Systems has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitek Systems' Net Margin % compare to PD and IBTA?
According to the Software industry distribution chart, Mitek Systems ranks #784 out of 2827 companies for Net Margin %. This puts Mitek Systems in the upper half of its industry. The industry median Net Margin % is 2.54. Mitek Systems' value of 17.39% is 584.6% above this benchmark. While the company's 10-year median is 4.78 vs. the industry median of 2.54, 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 Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,827 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitek Systems's current Net Margin % of 17.39% is 584.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Mitek Systems and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitek Systems's current Net Margin % is 17.39%, which is 264% above median its own 10-year median of 4.78. 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 (FRA:MKQ) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.73, compared to a current price of €15.11 — trading 73.1% above its estimated fair value. The current Net Margin % is 17.39%, which is 264% above median its 10-year median of 4.78 and 584.6% above the Software industry median of 2.54. Mitek Systems' overall GF Score™ is 78/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Mitek Systems (FRA:MKQ), the current Net Margin % is 17.39% as of Mar. 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 (FRA:MKQ) Overvalued in 2026?
Based on GuruFocus' analysis, Mitek Systems stock appears to be overvalued.
The current stock price of €15.11 is trading 73.1% above its estimated GF Value™ of €8.73.
GuruFocus considers Mitek Systems to be Significantly Overvalued.
Key valuation signals for FRA:MKQ:
Net Margin %: 17.39% (264% above median its 10-year median of 4.78)
GF Value™: €8.73 vs. price of €15.11 (73.1% above fair value)
Industry Position: 584.6% above the Software median (#784 of 2827)
No single metric tells the full story. See the FRA:MKQ 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.
78GF Score
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