Mitek Systems, Inc. (MITK) vs Upbound Group, Inc. (UPBD)

Mitek Systems, Inc. and Upbound Group, Inc. are both Software Application companies. Upbound Group, Inc. is the larger, with a market value of $925.2M against $815.8M — 1.1× the size. Upbound Group, Inc. trades at the lower P/E: 10.2× against 35.2×. Mitek Systems, Inc. grew revenue faster over the last twelve months: 11.1% against 5.85%. Mitek Systems, Inc. has the higher net margin (11.4% vs 1.90%) and the higher return on invested capital (11.0% vs 7.36%). Across the 22 metrics below, Mitek Systems, Inc. leads on 12 and Upbound Group, Inc. on 10.

Valuation

Metric MITK UPBD Software Application median
P/E 35.22 10.25 24.79
P/S 4.02 0.20 2.67
P/B 3.18 1.28 3.01
Price to free cash flow 16.36 2.63 16.59
EV/EBITDA 13.03 1.28 14.40
EV/Sales 3.77 0.48 2.62
Earnings yield 2.84% 9.76% 0.00%
Free cash flow yield 6.11% 38.04% 1.91%

Profitability

Metric MITK UPBD Software Application median
Gross margin 83.61% 49.13% 67.03%
Operating margin 17.80% 5.09% 0.00%
Net margin 11.39% 1.90% 0.00%
Free cash flow margin 24.56% 7.52% 4.32%
Return on equity 9.23% 12.73% 0.00%
Return on assets 5.53% 2.91% 0.00%
Return on invested capital 11.00% 7.36% 0.00%

Growth

Metric MITK UPBD Software Application median
Revenue growth (TTM) 11.10% 5.85% 12.40%
EPS growth (last fiscal year) 171.43% (43.44%) —
Revenue growth, 5-year CAGR 12.14% 10.78% 13.72%
Net income growth, 5-year CAGR 2.40% (18.85%) 0.00%

Health

Metric MITK UPBD Software Application median
Debt to equity 0.20 1.94 0.02
Current ratio 2.74 3.22 1.55
Net debt to EBITDA (4.63) 0.83 0.06

Dividend

Metric MITK UPBD Software Application median
Dividend yield — 4.15% 1.25%
Payout ratio 0.00 4.12 0.00

Size

Metric MITK UPBD Software Application median
Market cap 815.81m 925.21m 396.11m

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