Magnite Statistics
Total Valuation
Magnite has a market cap or net worth of $2.09 billion. The enterprise value is $2.46 billion.
| Market Cap | 2.09B |
| Enterprise Value | 2.46B |
Important Dates
The next confirmed earnings date is Wednesday, August 7, 2024, after market close.
| Earnings Date | Aug 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Magnite has 140.02 million shares outstanding. The number of shares has increased by 3.44% in one year.
| Shares Outstanding | 140.02M |
| Shares Change (YoY) | +3.44% |
| Shares Change (QoQ) | +0.77% |
| Owned by Insiders (%) | 11.03% |
| Owned by Institutions (%) | 75.83% |
| Float | 124.67M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 18.88 |
| PS Ratio | 3.27 |
| Forward PS | 3.34 |
| PB Ratio | 3.01 |
| P/FCF Ratio | 14.36 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.61, with an EV/FCF ratio of 16.92.
| EV / Earnings | n/a |
| EV / Sales | 3.86 |
| EV / EBITDA | 23.61 |
| EV / EBIT | n/a |
| EV / FCF | 16.92 |
Financial Position
The company has a current ratio of 1.10, with a Debt / Equity ratio of 0.90.
| Current Ratio | 1.10 |
| Quick Ratio | 1.08 |
| Debt / Equity | 0.90 |
| Debt / EBITDA | 5.99 |
| Debt / FCF | 4.29 |
| Interest Coverage | -1.61 |
Financial Efficiency
Return on equity (ROE) is -11.60% and return on invested capital (ROIC) is -5.17%.
| Return on Equity (ROE) | -11.60% |
| Return on Assets (ROA) | -3.10% |
| Return on Capital (ROIC) | -5.17% |
| Revenue Per Employee | $701,294 |
| Profits Per Employee | -$85,850 |
| Employee Count | 911 |
| Asset Turnover | 0.26 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -5.86M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -0.86% in the last 52 weeks. The beta is 2.34, so Magnite's price volatility has been higher than the market average.
| Beta (5Y) | 2.34 |
| 52-Week Price Change | -0.86% |
| 50-Day Moving Average | 12.74 |
| 200-Day Moving Average | 9.94 |
| Relative Strength Index (RSI) | 62.59 |
| Average Volume (20 Days) | 1,762,486 |
Short Selling Information
The latest short interest is 6.64 million, so 4.74% of the outstanding shares have been sold short.
| Short Interest | 6.64M |
| Short Previous Month | 7.11M |
| Short % of Shares Out | 4.74% |
| Short % of Float | 5.33% |
| Short Ratio (days to cover) | 3.85 |
Income Statement
In the last 12 months, Magnite had revenue of $638.88 million and -$78.21 million in losses. Loss per share was -$0.57.
| Revenue | 638.88M |
| Gross Profit | 287.90M |
| Operating Income | -68.34M |
| Pretax Income | -84.07M |
| Net Income | -78.21M |
| EBITDA | 104.38M |
| EBIT | -51.92M |
| Loss Per Share | -$0.57 |
Balance Sheet
The company has $252.83 million in cash and $625.69 million in debt, giving a net cash position of -$372.86 million or -$2.66 per share.
| Cash & Cash Equivalents | 252.83M |
| Total Debt | 625.69M |
| Net Cash | -372.86M |
| Net Cash Per Share | -$2.66 |
| Equity (Book Value) | 695.38M |
| Book Value Per Share | 4.97 |
| Working Capital | 118.76M |
Cash Flow
In the last 12 months, operating cash flow was $184.85 million and capital expenditures -$39.17 million, giving a free cash flow of $145.68 million.
| Operating Cash Flow | 184.85M |
| Capital Expenditures | -39.17M |
| Free Cash Flow | 145.68M |
| FCF Per Share | $1.05 |
Margins
Gross margin is 45.06%, with operating and profit margins of -10.70% and -12.24%.
| Gross Margin | 45.06% |
| Operating Margin | -10.70% |
| Pretax Margin | -13.16% |
| Profit Margin | -12.24% |
| EBITDA Margin | 16.34% |
| EBIT Margin | -8.13% |
| FCF Margin | 22.80% |
Dividends & Yields
Magnite does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -3.44% |
| Shareholder Yield | -3.44% |
| Earnings Yield | -3.74% |
| FCF Yield | 6.96% |
Analyst Forecast
The average price target for Magnite is $15.65, which is 4.75% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $15.65 |
| Price Target Difference | 4.75% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Magnite has an Altman Z-Score of 0.56 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.56 |
| Piotroski F-Score | 5 |