(MNTN) MNTN - Overview
Sector: Technology | Industry: Software - Application | Exchange: NYSE (USA) | Market Cap: 619m USD | Total Return: -63.7% in 12m
Avg Turnover: 7.16M
Warnings
Altman Z'' -1.83 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
MNTN, Inc. is an advertising technology firm headquartered in Austin, Texas, specializing in performance marketing for the Connected TV (CTV) sector. The company provides a self-serve platform designed to automate television advertising, allowing brands to track direct outcomes such as site visits and revenue conversions in a manner similar to digital search and social media channels.
The business model relies on the ongoing shift of linear television budgets toward programmatic digital ecosystems, where ad inventory is purchased and optimized in real-time. Within the GICS Advertising sub-industry, CTV is a high-growth segment as streaming viewership continues to displace traditional broadcast and cable audiences. Investors can find further data-driven insights on these industry trends at ValueRay.
Originally incorporated in 2009 as MNTN Digital, Inc., the company rebranded to its current name in 2022. It focuses on lowering the barrier to entry for television advertising by providing tools that manage creative assets and performance attribution within a single interface.
- Performance marketing adoption on Connected TV platforms drives core revenue growth
- Self-serve ad technology lowers entry barriers for small and mid-market advertisers
- Attribution software accuracy influences advertiser retention and platform spend levels
- Macroeconomic shifts in digital advertising budgets impact quarterly subscription and transaction volume
- Strategic partnerships with streaming services expand available inventory and premium ad placement opportunities
| Net Income: 23.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA -1.27 > 1.0 |
| NWC/Revenue: 77.30% < 20% (prev -1.65%; Δ 78.95% < -1%) |
| CFO/TA 0.16 > 3% & CFO 61.6m > Net Income 23.4m |
| Net Debt/EBITDA: error (cannot be calculated) |
| Current Ratio: 5.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (78.9m) vs 12m ago 8.72% < -2% |
| Gross Margin: 79.74% > 18% (prev 0.72%; Δ 7.90k% > 0.5%) |
| Asset Turnover: 96.08% > 50% (prev 99.38%; Δ -3.30% > 0%) |
| Interest Coverage Ratio: 9.69 > 6 (EBITDA TTM 60.8m / Interest Expense TTM 4.84m) |
| A: 0.62 (Total Current Assets 283.4m - Total Current Liabilities 52.1m) / Total Assets 375.1m |
| B: -0.67 (Retained Earnings -252.3m / Total Assets 375.1m) |
| C: 0.15 (EBIT TTM 47.0m / Avg Total Assets 311.5m) |
| D: -4.47 (Book Value of Equity -252.5m / Total Liabilities 56.5m) |
| Altman-Z'' = -1.83 = D |
As of May 31, 2026, the stock is trading at USD 9.43 with a total of 764,084 shares traded.
Over the past week, the price has changed by +15.85%,
over one month by -3.18%,
over three months by -3.38% and
over the past year by -63.73%.
MNTN has no consensus analysts rating.
| Analysts Target Price | 20 | 112.1% |
P/E Trailing = 6.0288
P/E Forward = 8.2169
P/S = 2.0701
P/B = 1.9442
Revenue TTM = 299.3m USD
EBIT TTM = 47.0m USD
EBITDA TTM = 60.8m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 405.6m USD (619.5m + (null Debt) - CCE 213.9m)
Interest Coverage Ratio = 9.69 (Ebit TTM 47.0m / Interest Expense TTM 4.84m)
EV/FCF = 6.97x (Enterprise Value 405.6m / FCF TTM 58.2m)
FCF Yield = 14.34% (FCF TTM 58.2m / Enterprise Value 405.6m)
FCF Margin = 19.43% (FCF TTM 58.2m / Revenue TTM 299.3m)
Net Margin = 7.84% (Net Income TTM 23.4m / Revenue TTM 299.3m)
Gross Margin = 79.74% ((Revenue TTM 299.3m - Cost of Revenue TTM 60.6m) / Revenue TTM)
Gross Margin QoQ = 80.57% (prev 82.05%)
Tobins Q-Ratio = 1.08 (Enterprise Value 405.6m / Total Assets 375.1m)
Interest Expense / Debt = unknown (Interest Expense 4.84m / Debt none)
Taxrate = 24.58% (2.85m / 11.6m)
NOPAT = 35.4m (EBIT 47.0m * (1 - 24.58%))
Current Ratio = 5.44 (Total Current Assets 283.4m / Total Current Liabilities 52.1m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 60.8m)
Debt / FCF = unknown (Net Debt none / FCF TTM 58.2m)
Total Stockholder Equity = 282.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.53% (Net Income 23.4m / Total Assets 375.1m)
RoE = 4.38% (Net Income TTM 23.4m / Total Stockholder Equity 534.8m)
RoCE = 14.54% (EBIT 47.0m / Capital Employed (Total Assets 375.1m - Current Liab 52.1m))
RoIC = 32.47% (NOPAT 35.4m / Invested Capital 109.1m)
WACC = 11.85% (E(619.5m)/V(619.5m) * Re(11.85%) + (debt-free company))
Discount Rate = 11.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 38.69 | Cagr: 25.38%
[DCF] Terminal Value 67.51% ; FCFF base≈51.5m ; Y1≈59.1m ; Y5≈86.9m
[DCF] Fair Price = 13.21 (EV 806.1m - Net Debt 0.0 = Equity 806.1m / Shares 61.0m; r=11.85% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 100.00 | Revenue CAGR: 28.27% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.20 | Chg30d=-0.45% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.23 | Chg30d=-2.42% | Revisions=-20% | Analysts=2
EPS current Year (2026-12-31): EPS=1.00 | Chg30d=+3.91% | Revisions=+20% | GrowthEPS=-28.4% | GrowthRev=+21.3%
EPS next Year (2027-12-31): EPS=1.20 | Chg30d=+0.72% | Revisions=+20% | GrowthEPS=+20.2% | GrowthRev=+18.3%
[Analyst] Revisions Ratio: -20%