MGNI

Magnite, Inc.

Fundamental data last updated:November 1, 2026

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company profile

SECTOR

Communication Services

industry

Advertising Agencies

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

 


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VALUATION

P/E

13.06

Market Cap ($M USD)

$2.07B

Forward P/E

9.25

PEG

0.22

PRICE TO SALES

2.86

PRICE TO BOOK

2.26

EV / EBITDA

13.08

5-Year Average P/E

Free Cash Flow Yield

2.12%

DCF Value

$23.88

Graham Number

$12.61

Price to FCF

47.25

EV to FCF

44.91

Earnings Yield

7.66%

FCF Yield

2.12%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$1.11

Next Year EPS Growth Estimate

$1.56

Next Year Revenue Growth Estimate

$1.11B

Return on Equity (ROE)

18.57%

FREE CASH FLOW

Operating Margin

14.79%

Debt-to-Equity

0.30

Piotroski F-Score

6

Altman Z-Score

0.71

Return on Invested Capital (ROIC)

8.06%

Current Ratio

1.02

Quick Ratio

1.02

Net Debt to EBITDA

-0.68

Interest Coverage

3.85

Gross Profit margin

63.43%

FCF PER SHARE

$0.30

REVENUE PER SHARE

$5.03

Analyze MGNI on TradingView

Gainseekers Quantitative Analysis

Summary

MGNI’s valuation presents a compelling opportunity for deep value investors. Recent pricing indicated it traded significantly below its DCF Value, suggesting potential upside. The Forward P/E of 9.06 and a PEG ratio of 0.22 highlight its growth at a reasonable price, while an Altman Z-score of 0.74 raises concerns about financial distress. Despite these risks, the Earnings Yield of 7.82% suggests a decent return relative to its price, making it a mixed bag of value and caution.

AI Exposure / Tech Reliance

Operating in the Advertising Agencies industry, MGNI is well-positioned to leverage AI and tech advancements. As digital advertising evolves, the company's adaptability to tech shifts will be crucial. Its ability to integrate AI-driven solutions could enhance targeting and efficiency, keeping it competitive.

The Bull Case

For GARP investors, MGNI offers a tantalizing mix of growth and value. With an ROIC of 8.06% and a Piotroski F-Score of 6, the company demonstrates efficient capital use and solid financial health. Its operating margin of 14.79% and a gross profit margin of 63.43% underscore strong pricing power. These metrics suggest a company capable of generating robust cash flows and reinvesting effectively.

The Bear Case

Despite its strengths, MGNI faces significant structural risks. The Price to FCF ratio of 46.26 and EV to FCF of 43.93 indicate a high valuation relative to cash flow, raising red flags about its cash generation capabilities. Additionally, the Altman Z-score suggests potential financial instability. The stock's proximity to its 52-week high further implies it might be technically overextended.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$19.00

Institutional Ownership %

1-Year Beta

2.32

Insider Buying % (6 Mo)

Distance to 52-Week High

84.68%

Distance to 52-Week Low

25.02%

EARNINGS SURPRISE %

22.99%

50-DAY SMA

$12.86

200-DAY SMA

$16.19

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.