WallStSmart

Mitek Systems Inc (MITK)vsShopify Inc (SHOP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shopify Inc generates 6090% more annual revenue ($11.56B vs $186.68M). SHOP leads profitability with a 10.6% profit margin vs 8.7%. MITK appears more attractively valued with a PEG of 1.28. MITK earns a higher WallStSmart Score of 51/100 (C-).

MITK

Buy

51

out of 100

Grade: C-

Growth: 5.3Profit: 5.5Value: 7.3Quality: 5.5
Piotroski: 3/9Altman Z: 1.23

SHOP

Hold

48

out of 100

Grade: D+

Growth: 7.3Profit: 7.0Value: 2.0Quality: 8.5
Piotroski: 3/9Altman Z: 4.73
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

MITKSignificantly Overvalued (-368.9%)

Margin of Safety

-368.9%

Fair Value

$2.38

Current Price

$14.17

$11.79 premium

UndervaluedFair: $2.38Overvalued
SHOPSignificantly Overvalued (-1729.9%)

Margin of Safety

-1729.9%

Fair Value

$6.39

Current Price

$118.42

$112.03 premium

UndervaluedFair: $6.39Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MITK2 strengths · Avg: 8.0/10
Price/BookValuation
2.7x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
18.8%8/10

18.8% revenue growth

SHOP5 strengths · Avg: 9.4/10
Revenue GrowthGrowth
30.6%10/10

Revenue surging 30.6% year-over-year

Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.7310/10

Safe zone — low bankruptcy risk

Market CapQuality
$151.59B9/10

Large-cap with strong market position

Operating MarginProfitability
20.3%8/10

Strong operational efficiency at 20.3%

Areas to Watch

MITK4 concerns · Avg: 2.8/10
Market CapQuality
$666.15M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
7.4%3/10

ROE of 7.4% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
42.0x2/10

Premium valuation, high expectations priced in

SHOP4 concerns · Avg: 2.8/10
Price/BookValuation
11.5x4/10

Trading at 11.5x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
9.562/10

Expensive relative to growth rate

P/E RatioValuation
123.6x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : MITK

The strongest argument for MITK centers on Price/Book, Revenue Growth. Revenue growth of 18.8% demonstrates continued momentum. PEG of 1.28 suggests the stock is reasonably priced for its growth.

Bull Case : SHOP

The strongest argument for SHOP centers on Revenue Growth, Debt/Equity, Altman Z-Score. Revenue growth of 30.6% demonstrates continued momentum.

Bear Case : MITK

The primary concerns for MITK are Market Cap, Return on Equity, Piotroski F-Score. A P/E of 42.0x leaves little room for execution misses.

Bear Case : SHOP

The primary concerns for SHOP are Price/Book, Piotroski F-Score, PEG Ratio. A P/E of 123.6x leaves little room for execution misses.

Key Dynamics to Monitor

SHOP carries more volatility with a beta of 2.90 — expect wider price swings.

SHOP is growing revenue faster at 30.6% — sustainability is the question.

SHOP generates stronger free cash flow (715M), providing more financial flexibility.

Monitor SOFTWARE - APPLICATION industry trends, competitive dynamics, and regulatory changes.

Bottom Line

MITK scores higher overall (51/100 vs 48/100) and 18.8% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Mitek Systems Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Mitek Systems, Inc. develops, markets, and sells mobile imaging and digital identity verification solutions in the United States, Europe, Latin America, and internationally. The company is headquartered in San Diego, California.

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Shopify Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Shopify Inc., a commerce company, offers a commerce and service platform in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company is headquartered in Ottawa, Canada.

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