Mitek SystemsFRA:MKQ -1.88%78 ROA % is 9.56% as of Mar. 2026, which is 364% above its 10-year median of 2.06. 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 2,881 Software companies, Mitek Systems ranks better than 60.26% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mitek Systems's annualizedNet Income for the quarter that ended in Mar. 2026 was €33.0 Mil.
Mitek Systems's average Total Assets over the quarter that ended in Mar. 2026 was €345.0 Mil. Therefore, Mitek Systems's annualized ROA % for the quarter that ended in Mar. 2026 was 9.56%.
The historical rank and industry rank for Mitek Systems's ROA % or its related term are showing as below:
FRA:MKQ'
s ROA % Range Over the Past 10 Years
Min: -11.87 Med: 2.06 Max: 23.47
Current: 3.88
During the past 13 years, Mitek Systems's highest ROA % was 23.47%. The lowest was -11.87%. And the median was 2.06%.
FRA:MKQ's ROA % is ranked better than 60.26% of 2881
companies
in the Software industry
Industry Median: 1.65
vs FRA:MKQ: 3.88
Mitek Systems (FRA:MKQ) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Mitek Systems ROA % Related Terms
Mitek Systems ROA % Historical Data
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The historical data trend for Mitek Systems's ROA % 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Software Industry
For the Software industry and Technology sector, Mitek Systems's ROA % distribution charts can be found below:
* The bar in red indicates where Mitek Systems's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Mitek Systems (FRA:MKQ) has a ROA % of 9.56% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mitek Systems and its competitors. This is 364% above median its historical median of 2.06. According to the industry distribution chart, Mitek Systems ranks #1145 out of 2881 companies in the Software industry, placing it in the top 39.7%.
Is Mitek Systems' ROA % too high?
Mitek Systems' current ROA % of 9.56% is 364% above median its 10-year median of 2.06. The Software industry median ROA % is 1.65. Mitek Systems' value of 9.56% is 479.4% above this industry median. Based on the distribution chart, Mitek Systems ranks #1145 out of 2881 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' ROA % compare to RDVT and GTM?
According to the Software industry distribution chart, Mitek Systems ranks #1145 out of 2881 companies for ROA %. This puts Mitek Systems in the upper half of its industry. The industry median ROA % is 1.65. Mitek Systems' value of 9.56% is 479.4% above this benchmark. While the company's 10-year median is 2.06 vs. the industry median of 1.65, 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 ROA % for a Software company?
The median ROA % among Software companies is 1.65, based on 2,881 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitek Systems's current ROA % of 9.56% is 479.4% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mitek Systems and its competitors. For the Software industry, the median ROA % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitek Systems's current ROA % is 9.56%, which is 364% above median its own 10-year median of 2.06. 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 ROA % is 9.56%, which is 364% above median its 10-year median of 2.06 and 479.4% above the Software industry median of 1.65. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Mitek Systems (FRA:MKQ), the current ROA % is 9.56% 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:
ROA %: 9.56% (364% above median its 10-year median of 2.06)
GF Value™: €8.73 vs. price of €15.11 (73.1% above fair value)
Industry Position: 479.4% above the Software median (#1145 of 2881)
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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