Intrinsiqs

Is Mitek Systems, Inc. overvalued?

Mitek Systems, Inc. (MITK) looks undervalued — trading about 65% below its fair value.

Undervalued
Current price $17.22 Fair value $28.42
Price
$17.22
Fair value
$28.42
Current P/E
15.7
Normal P/E
25.8
Market cap
$777.6M
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 24 Sep 2026.