Fortinet (FTNT) vs Mitek Systems (MITK)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Fortinet (FTNT) has outperformed Mitek Systems (MITK) over the past year, gaining 122.9% versus a gain of 87.3%. Over five years, FTNT leads with a +200.2% price change compared with -7.5% for MITK. Fortinet is the larger company by market cap ($138.88 billion vs $787.8 million), about 176.3 times the size.
On valuation, Mitek Systems trades at a lower forward P/E (14.6x vs 50.1x for Fortinet).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FTNT | MITK |
|---|---|---|
| Share price | $189.28 | $17.46 |
| Market cap | $138.88B | $787.84M |
| 1-day change | -1.04% | -0.06% |
| YTD return | +138.36% | +65.50% |
| 1-year return | +122.89% | +87.34% |
| 5-year return | +200.17% | -7.52% |
| P/E ratio (TTM) | 67.60 | 37.15 |
| Forward P/E | 50.10 | 14.65 |
| EPS (TTM) | $2.80 | $0.47 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $6.80B | — |
| Revenue growth (YoY) | +14.17% | — |
| Net income (latest FY) | $1.85B | — |
| Gross margin | 80.46% | — |
| Operating margin | 30.66% | — |
| Net margin | 27.26% | — |
| 52-week high | $192.41 | $21.05 |
| 52-week low | $73.55 | $8.53 |
| Distance from 52-week high | -1.63% | -17.05% |
| Analyst consensus | hold | — |
| Avg. price target upside | -13.19% | — |
| Average volume | 4.62M | 668.54K |
| Shares outstanding | 733.71M | 45.12M |
| Employees | 15,472 | — |
| Sector | Technology | Technology |
| Industry | Computer peripheral equipment | Computer peripheral equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Fortinet is about 176.3 times larger than Mitek Systems by market value ($138.88B vs $787.84M).
- FTNT has outperformed MITK by 35.6 percentage points over the past year.
- Fortinet trades at a higher earnings multiple (67.6x vs 37.1x trailing P/E).
About Fortinet
FTNT stock →Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide.
Technology · Computer peripheral equipment · 15,472 employees
FTNT vs MITK FAQ
Which is bigger, Fortinet or Mitek Systems?
Fortinet (FTNT) is larger, with a market capitalization of $138.88B compared with $787.84M for Mitek Systems (MITK).
Which stock has performed better over the past year, FTNT or MITK?
FTNT returned +122.89% over the past 12 months, compared with +87.34% for MITK (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FTNT or MITK?
MITK has the lower trailing P/E at 37.1, versus 67.6 for FTNT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Fortinet and Mitek Systems in the same industry?
Yes. Both are classified in the Computer peripheral equipment industry within the Technology sector.