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Mitek SystemsFRA:MKQ +13.06%78 Return-on-Tangible-Asset is 16.76% as of Jun. 2026, which is 376% above its 10-year median of 3.52. GuruFocus rates FRA:MKQ with a GF Score™ of 78/100 and a GF Value™ of €9.70 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,892 Software companies, Mitek Systems ranks better than 65.87% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Mitek Systems's annualizedNet Income for the quarter that ended in Jun. 2026 was €29.1 Mil. Mitek Systems's average total tangible assets for the quarter that ended in Jun. 2026 was €173.3 Mil. Therefore, Mitek Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 16.76%.
The historical rank and industry rank for Mitek Systems's Return-on-Tangible-Asset or its related term are showing as below:
FRA:MKQ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -18.71 Med: 3.52 Max: 25.82
Current: 6.49
During the past 13 years, Mitek Systems's highest Return-on-Tangible-Asset was 25.82%. The lowest was -18.71%. And the median was 3.52%.
FRA:MKQ's Return-on-Tangible-Asset is ranked better than 65.87% of 2892
companies
in the Software industry
Industry Median: 2.05
vs FRA:MKQ: 6.49
Mitek Systems (FRA:MKQ) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Mitek Systems Return-on-Tangible-Asset Related Terms
Mitek Systems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mitek Systems's Return-on-Tangible-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.
FRA:MKQ vs DJCO, PD, RSKD: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Mitek Systems's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Mitek Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mitek Systems's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 16.76% mean?
Mitek Systems (FRA:MKQ) has a Return-on-Tangible-Asset of 16.76% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mitek Systems and its competitors. This is 376% above median its historical median of 3.52. According to the industry distribution chart, Mitek Systems ranks #987 out of 2892 companies in the Software industry, placing it in the top 34.1%.
Is Mitek Systems' Return-on-Tangible-Asset too high?
Mitek Systems' current Return-on-Tangible-Asset of 16.76% is 376% above median its 10-year median of 3.52. The Software industry median Return-on-Tangible-Asset is 2.05. Mitek Systems' value of 16.76% is 717.6% above this industry median. Based on the distribution chart, Mitek Systems ranks #987 out of 2892 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' Return-on-Tangible-Asset compare to DJCO and PD?
According to the Software industry distribution chart, Mitek Systems ranks #987 out of 2892 companies for Return-on-Tangible-Asset. This puts Mitek Systems in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.05. Mitek Systems' value of 16.76% is 717.6% above this benchmark. While the company's 10-year median is 3.52 vs. the industry median of 2.05, 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 Return-on-Tangible-Asset for a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.05, based on 2,892 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitek Systems's current Return-on-Tangible-Asset of 16.76% is 717.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mitek Systems and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitek Systems's current Return-on-Tangible-Asset is 16.76%, which is 376% above median its own 10-year median of 3.52. 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 €9.70, compared to a current price of €16.54 — trading 70.5% above its estimated fair value. The current Return-on-Tangible-Asset is 16.76%, which is 376% above median its 10-year median of 3.52 and 717.6% above the Software industry median of 2.05. Mitek Systems' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Mitek Systems (FRA:MKQ), the current Return-on-Tangible-Asset is 16.76% 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 (FRA:MKQ) Overvalued in 2026?
Based on GuruFocus' analysis, Mitek Systems stock appears to be overvalued.
The current stock price of €16.54 is trading 70.5% above its estimated GF Value™ of €9.70.
GuruFocus considers Mitek Systems to be Significantly Overvalued.
Key valuation signals for FRA:MKQ:
Return-on-Tangible-Asset: 16.76% (376% above median its 10-year median of 3.52)
GF Value™: €9.70 vs. price of €16.54 (70.5% above fair value)
Industry Position: 717.6% above the Software median (#987 of 2892)
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
Get the complete analysis for FRA:MKQ
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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