Magnite Statistics
Total Valuation
Magnite has a market cap or net worth of $2.30 billion. The enterprise value is $2.53 billion.
| Market Cap | 2.30B |
| Enterprise Value | 2.53B |
Important Dates
The last earnings date was Thursday, November 7, 2024, after market close.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Magnite has 140.69 million shares outstanding. The number of shares has increased by 3.21% in one year.
| Current Share Class | 140.69M |
| Shares Outstanding | 140.69M |
| Shares Change (YoY) | +3.21% |
| Shares Change (QoQ) | +5.80% |
| Owned by Insiders (%) | 1.86% |
| Owned by Institutions (%) | 86.97% |
| Float | 138.07M |
Valuation Ratios
The trailing PE ratio is 137.36 and the forward PE ratio is 18.82. Magnite's PEG ratio is 0.51.
| PE Ratio | 137.36 |
| Forward PE | 18.82 |
| PS Ratio | 3.46 |
| Forward PS | 3.45 |
| PB Ratio | 3.18 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 13.45 |
| P/OCF Ratio | 10.97 |
| PEG Ratio | 0.51 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 27.85, with an EV/FCF ratio of 14.81.
| EV / Earnings | 146.32 |
| EV / Sales | 3.83 |
| EV / EBITDA | 27.85 |
| EV / EBIT | 55.01 |
| EV / FCF | 14.81 |
Financial Position
The company has a current ratio of 1.11, with a Debt / Equity ratio of 0.85.
| Current Ratio | 1.11 |
| Quick Ratio | 1.10 |
| Debt / Equity | 0.85 |
| Debt / EBITDA | 5.52 |
| Debt / FCF | 3.62 |
| Interest Coverage | 1.55 |
Financial Efficiency
Return on equity (ROE) is 2.51% and return on invested capital (ROIC) is 2.15%.
| Return on Equity (ROE) | 2.51% |
| Return on Assets (ROA) | 1.11% |
| Return on Capital (ROIC) | 2.15% |
| Revenue Per Employee | $725,723 |
| Profits Per Employee | $18,982 |
| Employee Count | 911 |
| Asset Turnover | 0.26 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Magnite has paid $97,000 in taxes.
| Income Tax | 97,000 |
| Effective Tax Rate | 0.56% |
Stock Price Statistics
The stock price has increased by +68.98% in the last 52 weeks. The beta is 2.51, so Magnite's price volatility has been higher than the market average.
| Beta (5Y) | 2.51 |
| 52-Week Price Change | +68.98% |
| 50-Day Moving Average | 14.88 |
| 200-Day Moving Average | 12.83 |
| Relative Strength Index (RSI) | 52.33 |
| Average Volume (20 Days) | 1,722,728 |
Short Selling Information
The latest short interest is 8.39 million, so 5.97% of the outstanding shares have been sold short.
| Short Interest | 8.39M |
| Short Previous Month | 7.82M |
| Short % of Shares Out | 5.97% |
| Short % of Float | 6.08% |
| Short Ratio (days to cover) | 3.63 |
Income Statement
In the last 12 months, Magnite had revenue of $661.13 million and earned $17.29 million in profits. Earnings per share was $0.12.
| Revenue | 661.13M |
| Gross Profit | 400.06M |
| Operating Income | 45.99M |
| Pretax Income | -7.30M |
| Net Income | 17.29M |
| EBITDA | 90.85M |
| EBIT | 45.99M |
| Earnings Per Share (EPS) | $0.12 |
Balance Sheet
The company has $387.24 million in cash and $618.62 million in debt, giving a net cash position of -$231.37 million or -$1.64 per share.
| Cash & Cash Equivalents | 387.24M |
| Total Debt | 618.62M |
| Net Cash | -231.37M |
| Net Cash Per Share | -$1.64 |
| Equity (Book Value) | 725.88M |
| Book Value Per Share | 5.14 |
| Working Capital | 159.75M |
Cash Flow
In the last 12 months, operating cash flow was $209.59 million and capital expenditures -$38.71 million, giving a free cash flow of $170.88 million.
| Operating Cash Flow | 209.59M |
| Capital Expenditures | -38.71M |
| Free Cash Flow | 170.88M |
| FCF Per Share | $1.21 |
Margins
Gross margin is 60.51%, with operating and profit margins of 6.96% and 2.62%.
| Gross Margin | 60.51% |
| Operating Margin | 6.96% |
| Pretax Margin | 2.63% |
| Profit Margin | 2.62% |
| EBITDA Margin | 13.74% |
| EBIT Margin | 6.96% |
| FCF Margin | 25.85% |
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 | -3.21% |
| Shareholder Yield | -3.21% |
| Earnings Yield | 0.75% |
| FCF Yield | 7.43% |
Analyst Forecast
The average price target for Magnite is $17.88, which is 9.43% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $17.88 |
| Price Target Difference | 9.43% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 7.70% |
| 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 0.45 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.45 |
| Piotroski F-Score | 7 |