Mitek Systems, Inc.'s (NASDAQ:MITK) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mitek Systems, Inc.'s (NASDAQ:MITK) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Most readers would already be aware that Mitek Systems' (NASDAQ:MITK) stock increased significantly by 21% over the past week. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Mitek Systems' ROE today.
大多數讀者已經意識到,Mitek Systems(納斯達克股票代碼:MITK)的股票在過去一週大幅上漲了21%。我們想知道公司的財務狀況在價格變動中是否起着什麼作用,因爲公司的長期基本面通常決定市場業績。特別是,我們今天將關注Mitek Systems的投資回報率。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
股本回報率或投資回報率是對公司價值增長和管理投資者資金的有效性的考驗。簡而言之,投資回報率顯示了每美元從其股東投資中產生的利潤。
View our latest analysis for Mitek Systems
查看我們對 Mitek Systems 的最新分析
How Do You Calculate Return On Equity?
你如何計算股本回報率?
The formula for ROE is:
投資回報率的公式是:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回報率 = 淨利潤(來自持續經營)÷ 股東權益
So, based on the above formula, the ROE for Mitek Systems is:
因此,根據上述公式,Mitek Systems的投資回報率爲:
4.4% = US$9.2m ÷ US$208m (Based on the trailing twelve months to June 2023).
4.4% = 920萬美元 ¥2.08億美元(基於截至2023年6月的過去十二個月)。
The 'return' is the amount earned after tax over the last twelve months. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.04 in profit.
“申報表” 是過去十二個月的稅後收入金額。另一種思考方式是,每持有價值1美元的股權,該公司就能獲得0.04美元的利潤。
Why Is ROE Important For Earnings Growth?
爲什麼投資回報率對收益增長很重要?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
到目前爲止,我們已經了解到,ROE衡量的是公司創造利潤的效率。然後,根據公司對這些利潤進行再投資或 “保留” 的金額及其有效性,我們就能評估公司的盈利增長潛力。假設其他一切都保持不變,那麼與不一定具有這些特徵的公司相比,投資回報率和利潤保留率越高,公司的增長率就越高。
Mitek Systems' Earnings Growth And 4.4% ROE
Mitek Systems的收益增長和4.4%的投資回報率
At first glance, Mitek Systems' ROE doesn't look very promising. A quick further study shows that the company's ROE doesn't compare favorably to the industry average of 9.6% either. However, we we're pleasantly surprised to see that Mitek Systems grew its net income at a significant rate of 44% in the last five years. So, there might be other aspects that are positively influencing the company's earnings growth. For instance, the company has a low payout ratio or is being managed efficiently.
乍一看,Mitek Systems的投資回報率看起來並不十分樂觀。一項快速的進一步研究表明,該公司的投資回報率與行業平均水平的9.6%相比也並不理想。但是,我們驚喜地看到,在過去五年中,Mitek Systems的淨收入大幅增長了44%。因此,可能還有其他方面對公司的收益增長產生積極影響。例如,該公司的派息率很低或管理得很高效。
Next, on comparing with the industry net income growth, we found that Mitek Systems' growth is quite high when compared to the industry average growth of 18% in the same period, which is great to see.
接下來,與行業淨收入增長相比,我們發現與同期18%的行業平均增長率相比,Mitek Systems的增長相當高,這真是太好了。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231215/0-b00e18952310630fa2ba23798074f454-0-6aec6c35e13962493c63ab9344f07bc5.png/big)
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. Has the market priced in the future outlook for MITK? You can find out in our latest intrinsic value infographic research report.
賦予公司價值的基礎在很大程度上與其收益增長息息相關。投資者應努力確定預期的收益增長或下降,無論情況如何,是否已被考慮在內。這樣做將幫助他們確定股票的未來是光明還是不祥。市場是否對MITK的未來前景進行了定價?您可以在我們最新的內在價值信息圖研究報告中找到答案。
Is Mitek Systems Efficiently Re-investing Its Profits?
Mitek Systems 能否有效地將其利潤再投資?
Mitek Systems doesn't pay any dividend currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above.
Mitek Systems目前不支付任何股息,這實質上意味着它一直在將所有利潤再投資於該業務。這無疑促成了我們上面討論的高收益增長數字。
Summary
摘要
Overall, we feel that Mitek Systems certainly does have some positive factors to consider. With a high rate of reinvestment, albeit at a low ROE, the company has managed to see a considerable growth in its earnings. That being so, the latest analyst forecasts show that the company will continue to see an expansion in its earnings. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
總的來說,我們認爲Mitek Systems確實有一些積極的因素需要考慮。儘管投資回報率很低,但由於再投資率很高,該公司的收益實現了可觀的增長。既然如此,分析師的最新預測顯示,該公司的收益將繼續擴大。要詳細了解分析師對公司的最新預測,請查看該公司的分析師預測的可視化。
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Simply Wall St 的這篇文章本質上是籠統的。我們僅使用公正的方法提供基於歷史數據和分析師預測的評論,我們的文章並非旨在提供財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不會考慮最新的價格敏感型公司公告或定性材料。華爾街只是沒有持有上述任何股票的頭寸。