| MITK Stock | | | USD 12.29 0.38 3.00% |
This module uses fundamental data of Mitek Systems to approximate its Piotroski F score. Mitek Systems F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Mitek Systems. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Mitek Systems financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Mitek Systems Altman Z Score,
Mitek Systems Correlation,
Mitek Systems Valuation, as well as analyze
Mitek Systems Alpha and Beta and
Mitek Systems Hype Analysis.
For more information on how to buy Mitek Stock please use our
How to buy in Mitek Stock guide.
At this time, Mitek Systems'
Net Debt To EBITDA is quite stable compared to the past year.
Interest Debt Per Share is expected to rise to 3.10 this year, although the value of
Total Debt To Capitalization will most likely fall to 0.40. At this time, Mitek Systems'
Free Cash Flow Per Share is quite stable compared to the past year.
ROIC is expected to rise to 0.03 this year, although the value of
Invested Capital will most likely fall to 0.76.
At this time, it appears that Mitek Systems' Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized
Piotroski F-Score model, we still consider it an effective method of
predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | Higher Leverage| Focus | |
| Change In Outstending Shares | |
Mitek Systems Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Mitek Systems is to make sure Mitek is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Mitek Systems' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Mitek Systems' financial numbers are properly reported.
Mitek Systems F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical
financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Mitek Systems' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Mitek Systems in a much-optimized way.
Click cells to compare fundamentals
About Mitek Systems Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled
Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.
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.
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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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Mitek Systems using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additional Information and Resources on Investing in Mitek Stock
When determining whether Mitek Systems is a good investment, qualitative aspects like company
management, corporate governance, and ethical practices play a significant role. A
comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock.
Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock: 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 | Earnings Share | Revenue Per Share | Quarterly Revenue Growth | Return On Assets |
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.