Mitek Systems Stock Cash Per Share
MITK Stock | USD 9.30 0.02 0.21% |
Mitek Systems fundamentals help investors to digest information that contributes to Mitek Systems' financial success or failures. It also enables traders to predict the movement of Mitek Stock. The fundamental analysis module provides a way to measure Mitek Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mitek Systems stock.
Last Reported | Projected for Next Year | ||
Cash Per Share | 2.64 | 2.77 |
Mitek | Cash Per Share |
Mitek Systems Company Cash Per Share Analysis
Mitek Systems' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Mitek Systems Cash Per Share | 1.60 X |
Most of Mitek Systems' fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mitek Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Mitek Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Mitek Systems is extremely important. It helps to project a fair market value of Mitek Stock properly, considering its historical fundamentals such as Cash Per Share. Since Mitek Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mitek Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mitek Systems' interrelated accounts and indicators.
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Mitek Cash Per Share Historical Pattern
Today, most investors in Mitek Systems Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mitek Systems' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Mitek Systems cash per share as a starting point in their analysis.
Mitek Systems Cash Per Share |
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Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Mitek Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Mitek Systems has a Cash Per Share of 1.6 times. This is 54.55% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The cash per share for all United States stocks is 68.06% higher than that of the company.
Mitek Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mitek Systems' direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mitek Systems could also be used in its relative valuation, which is a method of valuing Mitek Systems by comparing valuation metrics of similar companies.Mitek Systems is currently under evaluation in cash per share category among its peers.
Mitek Systems ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mitek Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mitek Systems' managers, analysts, and investors.Environmental | Governance | Social |
Mitek Fundamentals
Return On Equity | -0.0323 | ||||
Return On Asset | -0.007 | ||||
Profit Margin | (0.04) % | ||||
Operating Margin | 0.04 % | ||||
Current Valuation | 451.31 M | ||||
Shares Outstanding | 46.2 M | ||||
Shares Owned By Insiders | 2.99 % | ||||
Shares Owned By Institutions | 77.91 % | ||||
Number Of Shares Shorted | 4.13 M | ||||
Price To Earning | 45.71 X | ||||
Price To Book | 2.05 X | ||||
Price To Sales | 2.58 X | ||||
Revenue | 172.55 M | ||||
Gross Profit | 105.26 M | ||||
EBITDA | 39.62 M | ||||
Net Income | 8.03 M | ||||
Cash And Equivalents | 71.05 M | ||||
Cash Per Share | 1.60 X | ||||
Total Debt | 140.28 M | ||||
Debt To Equity | 0.75 % | ||||
Current Ratio | 2.61 X | ||||
Book Value Per Share | 4.54 X | ||||
Cash Flow From Operations | 31.59 M | ||||
Short Ratio | 9.07 X | ||||
Earnings Per Share | (0.14) X | ||||
Price To Earnings To Growth | 1.28 X | ||||
Target Price | 12.3 | ||||
Number Of Employees | 573 | ||||
Beta | 1.08 | ||||
Market Capitalization | 429.7 M | ||||
Total Asset | 405.38 M | ||||
Retained Earnings | (9.31 M) | ||||
Working Capital | 138.51 M | ||||
Current Asset | 40.31 M | ||||
Current Liabilities | 8.33 M | ||||
Net Asset | 405.38 M |
About Mitek Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mitek Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mitek Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mitek Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mitek Systems. If investors know Mitek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mitek Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.94) | Earnings Share (0.14) | Revenue Per Share 3.59 | Quarterly Revenue Growth 0.044 | Return On Assets (0.01) |
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.