Magnite Statistics
Total Valuation
Magnite has a market cap or net worth of $1.23 billion. The enterprise value is $1.51 billion.
| Market Cap | 1.23B |
| Enterprise Value | 1.51B |
Important Dates
The next confirmed earnings date is Wednesday, May 8, 2024, after market close.
| Earnings Date | May 8, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Magnite has 139.93 million shares outstanding. The number of shares has increased by 2.81% in one year.
| Shares Outstanding | 139.93M |
| Shares Change (YoY) | +2.81% |
| Shares Change (QoQ) | +0.62% |
| Owned by Insiders (%) | 11.34% |
| Owned by Institutions (%) | 75.52% |
| Float | 124.34M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 11.29 |
| PS Ratio | 1.99 |
| Forward PS | 2.01 |
| PB Ratio | 1.75 |
| P/FCF Ratio | 6.96 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.27, with an EV/FCF ratio of 8.54.
| EV / Earnings | n/a |
| EV / Sales | 2.44 |
| EV / EBITDA | 13.27 |
| EV / EBIT | n/a |
| EV / FCF | 8.54 |
Financial Position
The company has a current ratio of 1.09, with a Debt / Equity ratio of 0.86.
| Current Ratio | 1.09 |
| Quick Ratio | 1.07 |
| Debt / Equity | 0.86 |
| Debt / EBITDA | 5.32 |
| Debt / FCF | 3.43 |
| Interest Coverage | -3.87 |
Financial Efficiency
Return on equity (ROE) is -23.50% and return on invested capital (ROIC) is -11.85%.
| Return on Equity (ROE) | -23.50% |
| Return on Assets (ROA) | -6.40% |
| Return on Capital (ROIC) | -11.85% |
| Revenue Per Employee | $680,252 |
| Profits Per Employee | -$174,735 |
| Employee Count | 911 |
| Asset Turnover | 0.25 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Magnite has paid $1.64 million in taxes.
| Income Tax | 1.64M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +1.73% in the last 52 weeks. The beta is 2.25, so Magnite's price volatility has been higher than the market average.
| Beta (1Y) | 2.25 |
| 52-Week Price Change | +1.73% |
| 50-Day Moving Average | 10.24 |
| 200-Day Moving Average | 9.40 |
| Relative Strength Index (RSI) | 37.45 |
| Average Volume (30 Days) | 1,186,146 |
Short Selling Information
The latest short interest is 5.86 million, so 4.19% of the outstanding shares have been sold short.
| Short Interest | 5.86M |
| Short Previous Month | 6.04M |
| Short % of Shares Out | 4.19% |
| Short % of Float | 4.72% |
| Short Ratio (days to cover) | 4.91 |
Income Statement
In the last 12 months, Magnite had revenue of $619.71 million and -$159.18 million in losses. Loss per share was -$1.17.
| Revenue | 619.71M |
| Gross Profit | 209.80M |
| Operating Income | -155.01M |
| Pretax Income | -157.55M |
| Net Income | -159.18M |
| EBITDA | 113.93M |
| EBIT | -125.18M |
| Loss Per Share | -$1.17 |
Balance Sheet
The company has $326.22 million in cash and $606.65 million in debt, giving a net cash position of -$280.43 million or -$2.00 per share.
| Cash & Cash Equivalents | 326.22M |
| Total Debt | 606.65M |
| Net Cash | -280.43M |
| Net Cash Per Share | -$2.00 |
| Equity / Book Value | 701.68M |
| Book Value Per Share | 5.01 |
| Working Capital | 120.87M |
Cash Flow
In the last 12 months, operating cash flow was $214.37 million and capital expenditures -$37.38 million, giving a free cash flow of $176.98 million.
| Operating Cash Flow | 214.37M |
| Capital Expenditures | -37.38M |
| Free Cash Flow | 176.98M |
| FCF Per Share | $1.30 |
Margins
Gross margin is 33.86%, with operating and profit margins of -25.01% and -25.69%.
| Gross Margin | 33.86% |
| Operating Margin | -25.01% |
| Pretax Margin | -25.42% |
| Profit Margin | -25.69% |
| EBITDA Margin | 18.38% |
| EBIT Margin | -20.20% |
| FCF Margin | 28.56% |
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 | -2.81% |
| Shareholder Yield | -2.81% |
| Earnings Yield | -12.93% |
| FCF Yield | 14.37% |
Analyst Forecast
The average price target for Magnite is $14.30, which is 62.50% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $14.30 |
| Price Target Difference | 62.50% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 10 |
| 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 0.15 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.15 |
| Piotroski F-Score | 4 |