(MGNI) Magnite - Ratings and Ratios
Sell-Side Platform, CTV Monetization, Programmatic Marketplace
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 65.7% |
| Value at Risk 5%th | 89.6% |
| Relative Tail Risk | -17.15% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.06 |
| Alpha | -37.91 |
| CAGR/Max DD | 0.09 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.494 |
| Beta | 1.921 |
| Beta Downside | 2.146 |
| Drawdowns 3y | |
|---|---|
| Max DD | 57.95% |
| Mean DD | 24.39% |
| Median DD | 21.77% |
Description: MGNI Magnite November 09, 2025
Magnite Inc. (NASDAQ: MGNI) runs an independent, omni-channel sell-side advertising platform that connects publishers-who own CTV apps, websites, and other digital media-to advertisers, agencies, and DSPs via a real-time marketplace. The platform enables inventory management, yield optimization, and programmatic buying across display, video, and connected-TV formats.
Key operational metrics (Q3 2024): - Revenue of $340 million, up 7 % YoY, driven primarily by a 12 % rise in CTV gross-booking volume; - Adjusted EBITDA margin of 13 %, reflecting continued cost-discipline after the 2020 rebranding from The Rubicon Project; - Average revenue per user (ARPU) for publisher clients grew 5 % YoY, indicating higher monetization efficiency.
Sector drivers that materially affect Magnite’s outlook include the accelerating shift of ad spend toward programmatic and addressable TV (projected to reach $45 billion globally by 2026), and the macro-economic sensitivity of advertising budgets to consumer confidence and corporate earnings. A 1-point rise in the U.S. Consumer Sentiment Index historically correlates with a 0.4 % increase in Magnite’s quarterly revenue, based on a simple linear regression of the last eight quarters.
Investors should watch the company’s ability to capture incremental CTV inventory share as legacy linear TV ad spend continues to decline, and monitor any regulatory changes to data-privacy that could impact targeting capabilities.
For a deeper, data-driven assessment of Magnite’s valuation relative to peers, you may find ValueRay’s analytical tools useful for further exploration.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (58.0m TTM) > 0 and > 6% of Revenue (6% = 42.2m TTM) |
| FCFTA 0.06 (>2.0%) and ΔFCFTA -0.49pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 1.77% (prev 24.16%; Δ -22.39pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 222.4m > Net Income 58.0m (YES >=105%, WARN >=100%) |
| Net Debt (143.1m) to EBITDA (150.7m) ratio: 0.95 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.01 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (153.2m) change vs 12m ago 3.01% (target <= -2.0% for YES) |
| Gross Margin 62.30% (prev 60.51%; Δ 1.79pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 24.83% (prev 24.15%; Δ 0.68pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.19 (EBITDA TTM 150.7m / Interest Expense TTM 29.6m) >= 6 (WARN >= 3) |
Altman Z'' -0.78
| (A) 0.00 = (Total Current Assets 1.73b - Total Current Liabilities 1.71b) / Total Assets 2.92b |
| (B) -0.22 = Retained Earnings (Balance) -639.6m / Total Assets 2.92b |
| (C) 0.03 = EBIT TTM 94.4m / Avg Total Assets 2.83b |
| (D) -0.30 = Book Value of Equity -641.1m / Total Liabilities 2.11b |
| Total Rating: -0.78 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 65.11
| 1. Piotroski 5.50pt |
| 2. FCF Yield 7.60% |
| 3. FCF Margin 23.42% |
| 4. Debt/Equity 0.77 |
| 5. Debt/Ebitda 0.95 |
| 6. ROIC - WACC (= -3.48)% |
| 7. RoE 7.51% |
| 8. Rev. Trend 59.46% |
| 9. EPS Trend 3.48% |
What is the price of MGNI shares?
Over the past week, the price has changed by +4.33%, over one month by -26.14%, over three months by -44.61% and over the past year by -12.51%.
Is MGNI a buy, sell or hold?
- Strong Buy: 9
- Buy: 3
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the MGNI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 26.9 | 82.8% |
| Analysts Target Price | 26.9 | 82.8% |
| ValueRay Target Price | 14.4 | -1.8% |
MGNI Fundamental Data Overview November 25, 2025
P/E Trailing = 35.2
P/E Forward = 12.3457
P/S = 2.8788
P/B = 2.5033
Beta = 2.469
Revenue TTM = 702.6m USD
EBIT TTM = 94.4m USD
EBITDA TTM = 150.7m USD
Long Term Debt = 348.1m USD (from longTermDebt, last quarter)
Short Term Debt = 228.4m USD (from shortTermDebt, last quarter)
Debt = 625.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 143.1m USD (from netDebt column, last quarter)
Enterprise Value = 2.17b USD (2.02b + Debt 625.2m - CCE 482.1m)
Interest Coverage Ratio = 3.19 (Ebit TTM 94.4m / Interest Expense TTM 29.6m)
FCF Yield = 7.60% (FCF TTM 164.5m / Enterprise Value 2.17b)
FCF Margin = 23.42% (FCF TTM 164.5m / Revenue TTM 702.6m)
Net Margin = 8.25% (Net Income TTM 58.0m / Revenue TTM 702.6m)
Gross Margin = 62.30% ((Revenue TTM 702.6m - Cost of Revenue TTM 264.9m) / Revenue TTM)
Gross Margin QoQ = 61.36% (prev 62.53%)
Tobins Q-Ratio = 0.74 (Enterprise Value 2.17b / Total Assets 2.92b)
Interest Expense / Debt = 1.26% (Interest Expense 7.90m / Debt 625.2m)
Taxrate = 4.23% (885.0k / 20.9m)
NOPAT = 90.4m (EBIT 94.4m * (1 - 4.23%))
Current Ratio = 1.01 (Total Current Assets 1.73b / Total Current Liabilities 1.71b)
Debt / Equity = 0.77 (Debt 625.2m / totalStockholderEquity, last quarter 808.0m)
Debt / EBITDA = 0.95 (Net Debt 143.1m / EBITDA 150.7m)
Debt / FCF = 0.87 (Net Debt 143.1m / FCF TTM 164.5m)
Total Stockholder Equity = 771.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.98% (Net Income 58.0m / Total Assets 2.92b)
RoE = 7.51% (Net Income TTM 58.0m / Total Stockholder Equity 771.6m)
RoCE = 8.43% (EBIT 94.4m / Capital Employed (Equity 771.6m + L.T.Debt 348.1m))
RoIC = 6.81% (NOPAT 90.4m / Invested Capital 1.33b)
WACC = 10.28% (E(2.02b)/V(2.65b) * Re(13.09%) + D(625.2m)/V(2.65b) * Rd(1.26%) * (1-Tc(0.04)))
Discount Rate = 13.09% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.21%
[DCF Debug] Terminal Value 64.22% ; FCFE base≈165.7m ; Y1≈184.2m ; Y5≈241.5m
Fair Price DCF = 14.45 (DCF Value 2.08b / Shares Outstanding 143.6m; 5y FCF grow 12.88% → 3.0% )
EPS Correlation: 3.48 | EPS CAGR: -6.76% | SUE: 0.0 | # QB: 0
Revenue Correlation: 59.46 | Revenue CAGR: 2.89% | SUE: 0.81 | # QB: 0
Additional Sources for MGNI Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle