Stocktoria
MITEK SYSTEMS INC MITK
MITEK SYSTEMS INC (MITK) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2025 revenue was $179.7M at a 4.9% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.086 |
| Retained earnings / assets | -0.057 |
| EBIT / assets | 0.037 |
| Equity / liabilities | 1.098 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| MITK | MITEK SYSTEMS INC | 5/9 | 1.78 | 99 | +4.4% |
| YIBO | Planet Image International Ltd | 2/9 | 2.64 | — | +3.6% |
| ALOT | AstroNova, Inc. | 5/9 | 4.04 | — | -0.5% |
| EVLV | Evolv Technologies Holdings, Inc. | 4/9 | -3.93 | — | +40.5% |
| RDCM | RADCOM LTD | 7/9 | 8.07 | 18.7 | +17.2% |
| TACT | TRANSACT TECHNOLOGIES INC | 4/9 | 6.19 | — | +18.7% |
| WETH | Wetouch Technology Inc. | 6/9 | — | 2.3 | +6.8% |
About MITEK SYSTEMS INC
Mitek Systems, Inc. provides digital identity verification and fraud prevention solutions worldwide. The company offers Mobile Deposit, a mobile remote deposit capture solution for retail financial institutions, brokerages, and prepaid card providers; Check Fraud Defender, a cloud-hosted fraud mitigation service; Mitek Verified Identity Platform, an end-to-end identity verification solution; Mobile Verify, an omnichannel identity document verification engine; MiSnap, a software development kit that replaces manual image capture with auto-capture; CheckReader, which enables financial institutions to automatically extract data from checks once they have been scanned or photographed by the application; and Check Intelligence, a check fraud solution. It also provides IDLive Face, a passive face liveness detection; IDLive Doc, a document liveness detection; and IDLive Voice, an anti-spoofing voice liveness. The company was incorporated in 1986 and is based in San Diego, California.
FAQ
Is MITK financially healthy?
MITEK SYSTEMS INC's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does MITK pay a dividend?
No, MITEK SYSTEMS INC does not currently pay a dividend.
How profitable is MITK?
In FY2025, MITEK SYSTEMS INC had a net margin of 4.9% and a return on equity of 3.7%.
Is MITK overvalued or undervalued?
MITEK SYSTEMS INC trades at about 97.7× trailing earnings — above its 10-year norm (10-year range 22.2×–141.4×, median 69.2×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for MITK?
The average Wall-Street price target for MITEK SYSTEMS INC is $18.50, about 0.4% below the recent price, from 4 analysts.
Is MITK a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on MITEK SYSTEMS INC: a Piotroski F-score of 5/9, an Altman Z″ in the grey zone, a P/E of about 99.0×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.