Mitek Systems, Inc. provides digital identity verification and fraud prevention solutions worldwide. The company offers Mobile Deposit, a mobile remote deposit capture solution for retail financial institutions, brokerages, and prepaid card providers; Check Fraud Defender, a cloud-hosted fraud mitigation service; Mitek Verified Identity Platform, an end-to-end identity verification solution; Mobile Verify, an omnichannel identity document verification engine; MiSnap, a software development kit that replaces manual image capture with auto-capture; CheckReader, which enables financial institutions to automatically extract data from checks once they have been scanned or photographed by the application; and Check Intelligence, a check fraud solution. It also provides IDLive Face, a passive face liveness detection; IDLive Doc, a document liveness detection; and IDLive Voice, an anti-spoofing voice liveness. The company was incorporated in 1986 and is based in San Diego, California.
Metrics to compare | MITK | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipMITKPeersSector | |
|---|---|---|---|---|
P/E Ratio | 52.2x | −6.5x | 12.4x | |
PEG Ratio | 0.30 | 0.08 | 0.01 | |
Price/Book | 1.9x | 3.0x | 2.4x | |
Price / LTM Sales | 2.6x | 2.7x | 2.4x | |
Upside (Analyst Target) | 34.5% | 41.4% | 19.7% | |
Fair Value Upside | Unlock | 23.3% | 3.5% | Unlock |