Intrinsiqs

Is Mitek Systems, Inc. overvalued?

Mitek Systems, Inc. (MITK) looks undervalued — trading about 57% below its fair value.

Undervalued
Current price $18.14 Fair value $28.42
Price
$18.14
Fair value
$28.42
Current P/E
16.5
Normal P/E
25.8
Market cap
$818.5M
Dividend yield
0.0%
Return on equity
9.4%
Sector
Technology

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Fair value compares MITK's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 12 Nov 2026.