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Mitek SystemsFRA:MKQ +2.24%78 PEG Ratio is 1.93 as of Jul. 15, 2026, which is 9% below its 10-year median of 2.12. GuruFocus rates FRA:MKQ with a GF Score™ of 78/100 and a GF Value™ of €9.66 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 817 Software companies, Mitek Systems ranks worse than 64.75% on this metric.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Mitek Systems's PEG Ratio or its related term are showing as below:
FRA:MKQ'
s PEG Ratio Range Over the Past 10 Years
Min: 1.43 Med: 2.12 Max: 3.83
Current: 1.91
During the past 13 years, Mitek Systems's highest PEG Ratio was 3.83. The lowest was 1.43. And the median was 2.12.
FRA:MKQ's PEG Ratio is ranked worse than 64.75% of 817
companies
in the Software industry
Industry Median: 1.33
vs FRA:MKQ: 1.91
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Mitek Systems (FRA:MKQ) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Mitek Systems PEG Ratio Related Terms
Mitek Systems PEG Ratio Historical Data
* Premium members only.
The historical data trend for Mitek Systems's PEG Ratio 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 PEG Ratio, along with its competitors' market caps and PEG Ratio 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 PEG Ratio vs Software Industry
For the Software industry and Technology sector, Mitek Systems's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Mitek Systems's PEG Ratio 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Mitek Systems (FRA:MKQ) has a PEG Ratio of 1.93 as of Jul. 15, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Mitek Systems and its competitors. This is near median its historical median of 2.12. Over the past decade, Mitek Systems' PEG Ratio has ranged from 1.43 to 3.83. According to the industry distribution chart, Mitek Systems ranks #529 out of 817 companies in the Software industry, placing it in the top 64.7%.
Is Mitek Systems' PEG Ratio too high?
Mitek Systems' current PEG Ratio of 1.93 is near median its 10-year median of 2.12. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 3.83. The Software industry median PEG Ratio is 1.33. Mitek Systems' value of 1.93 is 45.1% above this industry median. Based on the distribution chart, Mitek Systems ranks #529 out of 817 companies in the Software industry, which is below 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' PEG Ratio compare to RDVT and GTM?
According to the Software industry distribution chart, Mitek Systems ranks #529 out of 817 companies for PEG Ratio. This places Mitek Systems in the lower half of its industry. The industry median PEG Ratio is 1.33. Mitek Systems' value of 1.93 is 45.1% above this benchmark. Historically, Mitek Systems' own PEG Ratio has ranged from 1.43 to 3.83 over the past decade. While the company's 10-year median is 2.12 vs. the industry median of 1.33, 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 PEG Ratio for a Software company?
The median PEG Ratio among Software companies is 1.33, based on 817 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitek Systems's current PEG Ratio of 1.93 is 45.1% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Mitek Systems and its competitors. For the Software industry, the median PEG Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitek Systems's current PEG Ratio is 1.93, which is near median its own 10-year median of 2.12. 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 €9.66, compared to a current price of €16.88 — trading 74.7% above its estimated fair value. The current PEG Ratio is 1.93, which is near median its 10-year median of 2.12 and 45.1% above the Software industry median of 1.33. Mitek Systems' overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Mitek Systems (FRA:MKQ), the current PEG Ratio is 1.93 as of Jul. 15, 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 €16.88 is trading 74.7% above its estimated GF Value™ of €9.66.
GuruFocus considers Mitek Systems to be Significantly Overvalued.
Key valuation signals for FRA:MKQ:
PEG Ratio: 1.93 (near median its 10-year median of 2.12)
GF Value™: €9.66 vs. price of €16.88 (74.7% above fair value)
Industry Position: 45.1% above the Software median (#529 of 817)
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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