Are Investors Undervaluing Mitek Systems, Inc. (NASDAQ:MITK) By 43%? [Yahoo! Finance]
Mitek Systems, Inc. (MITK)
Last mitek systems, inc. earnings: 4/30 04:05 pm
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US:NASDAQ Investor Relations:
investors.miteksystems.com
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Source: Yahoo! Finance
fair value is $19.12, suggesting that the current share price of $10.93 may undervalue the company by 43%. The model uses a 7.7% discount rate and estimates the present value of 10-year cash flows to be $321m and the present value of terminal value to be $562m, resulting in a total equity value of $883m. However, this valuation is dependent on assumptions and does not consider factors such as industry cyclicality and future capital requirements. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No Key Insights Mitek Systems' estimated fair value is US$19.12 based on 2 Stage Free Cash Flow to Equity Mitek Systems' US$10.93 share price signals that it might be 43% undervalued The US$12.70 analyst price target for MITK is 34% less than our estimate of fair value Today we'll do a
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MITK
News
- Mitek to Participate in the 27th Annual Needham Growth Conference on January 14, 2025Business Wire
- Mitek Systems, Inc. (NASDAQ: MITK) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Update: MITK, December 17 [Forbes]Forbes
- Mitek Systems, Inc. (NASDAQ: MITK) had its price target raised by analysts at HC Wainwright from $11.00 to $13.00. They now have a "buy" rating on the stock.MarketBeat
- Mitek Reports Fiscal 2024 Fourth Quarter and Full Year Financial Results and Provides Guidance for Fiscal 2025 [Yahoo! Finance]Yahoo! Finance
MITK
Earnings
- 12/16/24 - Beat
MITK
Sec Filings
- 12/16/24 - Form 10-K
- 12/16/24 - Form 8-K
- 12/12/24 - Form 4
- MITK's page on the SEC website