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MITK (Mitek Systems) Cyclically Adjusted Price-to-FCF : 20.68 (As of Jul. 07, 2025)


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What is Mitek Systems Cyclically Adjusted Price-to-FCF?

As of today (2025-07-07), Mitek Systems's current share price is $10.34. Mitek Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.50. Mitek Systems's Cyclically Adjusted Price-to-FCF for today is 20.68.

The historical rank and industry rank for Mitek Systems's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MITK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.94   Med: 84.78   Max: 445
Current: 20.6

During the past years, Mitek Systems's highest Cyclically Adjusted Price-to-FCF was 445.00. The lowest was 14.94. And the median was 84.78.

MITK's Cyclically Adjusted Price-to-FCF is ranked better than
63.65% of 707 companies
in the Software industry
Industry Median: 31.16 vs MITK: 20.60

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Mitek Systems's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $0.290. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.50 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitek Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mitek Systems's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitek Systems Cyclically Adjusted Price-to-FCF Chart

Mitek Systems Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.17 80.04 29.98 27.29 18.18

Mitek Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.03 26.00 18.18 23.48 16.42

Competitive Comparison of Mitek Systems's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Mitek Systems's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitek Systems's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Mitek Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mitek Systems's Cyclically Adjusted Price-to-FCF falls into.


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Mitek Systems Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Mitek Systems's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.34/0.50
=20.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mitek Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Mitek Systems's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.29/134.9266*134.9266
=0.290

Current CPI (Mar. 2025) = 134.9266.

Mitek Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.052 100.684 0.070
201509 0.060 100.392 0.081
201512 0.030 99.792 0.041
201603 0.125 100.470 0.168
201606 0.002 101.688 0.003
201609 0.070 101.861 0.093
201612 -0.039 101.863 -0.052
201703 0.155 102.862 0.203
201706 0.076 103.349 0.099
201709 0.084 104.136 0.109
201712 0.069 104.011 0.090
201803 -0.008 105.290 -0.010
201806 -0.024 106.317 -0.030
201809 0.003 106.507 0.004
201812 0.047 105.998 0.060
201903 0.106 107.251 0.133
201906 0.025 108.070 0.031
201909 0.156 108.329 0.194
201912 0.119 108.420 0.148
202003 0.070 108.902 0.087
202006 0.210 108.767 0.261
202009 0.149 109.815 0.183
202012 0.190 109.897 0.233
202103 0.159 111.754 0.192
202106 0.191 114.631 0.225
202109 0.257 115.734 0.300
202112 0.042 117.630 0.048
202203 0.154 121.301 0.171
202206 0.133 125.017 0.144
202209 0.107 125.227 0.115
202212 0.112 125.222 0.121
202303 0.133 127.348 0.141
202306 0.350 128.729 0.367
202309 0.066 129.860 0.069
202312 -0.210 129.419 -0.219
202403 0.137 131.776 0.140
202406 0.260 132.554 0.265
202409 0.448 133.029 0.454
202412 0.005 133.157 0.005
202503 0.290 134.927 0.290

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Mitek Systems  (NAS:MITK) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Mitek Systems Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Mitek Systems's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Mitek Systems Business Description

Industry
Traded in Other Exchanges
Address
770 First Avenue, Suite 425, San Diego, CA, USA, 92101
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
Executives
Scott R Carter director 8911 BALBOA AVENUE, SUITE B, SAN DIEGO CA 92123
Kimberly S Stevenson director 199 FREMONT STREET, 7TH FLOOR, SAN FRANCISCO CA 94105
Michael E Diamond other: General Manager 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Jason Gray officer: GC, Secretary & Admin Officer 600 B STREET SUITE 100, SAN DIEGO CA 92101
Christopher H Briggs other: SVP Identity 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Donna Wells director BOSTON PRIVATE FINANCIAL HOLDINGS, INC., TEN POST OFFICE SQUARE, BOSTON MA 02109
Scipio Maximus Carnecchia director, officer: CEO & Director C/O MITEK SYSTEMS, INC., 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Fuad Ahmad officer: Interim CFO 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Frank Teruel officer: CFO 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Stephen Ritter officer: Chief Technology Officer 600 B STREET SUITE 100, SAN DIEGO CA 92101
Scott Adam Marcus officer: General Counsel 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Rahul Gupta director 255 FISERV DRIVE, BROOKFIELD WI 53045
Susan Repo director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
William K Aulet director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Jeffrey C Davison officer: Chief Financial Officer 600 B STREET, SUITE 100, SAN DIEGO CA 92101