As of 2024-12-12, the Fair Value of Mitek Systems Inc (MITK) is -3.65 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 9.10 USD, the upside of Mitek Systems Inc is -140.07%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 5Y Avg | |
| Net income | -0.70 | 7.80 | 8.00 | 3.00 | 8.03 | 5.23 |
| YoY growth | 94.07% | 1,214.29% | 2.56% | -62.50% | 167.57% | 283.20% |
| Market Cap (mil) | 420.42 |
| P/E | |
| Forward P/E | 41.78x |
| EPS | -0.15 |
| Avg earnings growth rate | 283.20% |
| TTM earnings | -6.74 |