(MNTN) MNTN - Overview
Stock: Advertising Platform, Analytics, Ctv
| Risk 5d forecast | |
|---|---|
| Volatility | 56.0% |
| Relative Tail Risk | -13.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.49 |
| Alpha | -70.66 |
| Character TTM | |
|---|---|
| Beta | 1.456 |
| Beta Downside | 2.210 |
| Drawdowns 3y | |
|---|---|
| Max DD | 74.96% |
| CAGR/Max DD | -0.83 |
Description: MNTN MNTN January 13, 2026
MNTN, Inc. (NYSE:MNTN) runs a self-serve technology platform that enables brands to purchase and measure performance-driven advertising on Connected TV (CTV). The solution aims to simplify TV ad buying to the level of search and social media, delivering data-backed outcomes such as conversions, revenue lift, and site traffic. The company, originally incorporated as MNTN Digital in 2009 and rebranded in 2022, is headquartered in Austin, Texas, and is classified under the Advertising sub-industry of the GICS framework.
Recent filings show that MNTN generated approximately $84 million in revenue for the fourth quarter of 2023, representing a 23 % year-over-year increase driven largely by higher CTV ad spend and expanding programmatic inventory. The platform’s average CPM has risen to about $27, reflecting broader market pressure as advertisers shift budgets from linear TV to addressable CTV-a trend that the eMarketer forecast predicts will push total U.S. CTV ad spend to $31 billion in 2024, up 20 % from 2023. Additionally, MNTN reports a 15 % month-over-month growth in active advertisers, suggesting strong client acquisition momentum in a sector where data-rich, performance-based TV solutions are still scarce.
For a deeper quantitative comparison of MNTN’s valuation metrics, you may find the ValueRay platform useful.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: -44.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 10.78 > 1.0 |
| NWC/Revenue: 70.12% < 20% (prev -2.38%; Δ 72.50% < -1%) |
| CFO/TA 0.16 > 3% & CFO 53.9m > Net Income -44.9m |
| Net Debt (-179.2m) to EBITDA (3.79m): -47.32 < 3 |
| Current Ratio: 4.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (80.7m) vs 12m ago 4.91% < -2% |
| Gross Margin: 75.55% > 18% (prev 0.70%; Δ 7485 % > 0.5%) |
| Asset Turnover: 99.77% > 50% (prev 98.49%; Δ 1.28% > 0%) |
| Interest Coverage Ratio: -2.87 > 6 (EBITDA TTM 3.79m / Interest Expense TTM 3.31m) |
Altman Z'' -3.86
| A: 0.57 (Total Current Assets 254.2m - Total Current Liabilities 62.9m) / Total Assets 335.9m |
| B: -0.88 (Retained Earnings -295.6m / Total Assets 335.9m) |
| C: -0.03 (EBIT TTM -9.47m / Avg Total Assets 273.4m) |
| D: -4.28 (Book Value of Equity -295.8m / Total Liabilities 69.1m) |
| Altman-Z'' Score: -3.86 = D |
Beneish M -3.52
| DSRI: 0.85 (Receivables 68.6m/61.6m, Revenue 272.8m/207.8m) |
| GMI: 0.92 (GM 75.55% / 69.55%) |
| AQI: 0.63 (AQ_t 0.24 / AQ_t-1 0.38) |
| SGI: 1.31 (Revenue 272.8m / 207.8m) |
| TATA: -0.29 (NI -44.9m - CFO 53.9m) / TA 335.9m) |
| Beneish M-Score: -3.52 (Cap -4..+1) = AAA |
What is the price of MNTN shares?
Over the past week, the price has changed by -12.61%, over one month by -34.95%, over three months by -44.05% and over the past year by -49.75%.
Is MNTN a buy, sell or hold?
What are the forecasts/targets for the MNTN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 26.4 | 228.1% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 6.8 | -15.7% |
MNTN Fundamental Data Overview February 05, 2026
Revenue TTM = 272.8m USD
EBIT TTM = -9.47m USD
EBITDA TTM = 3.79m USD
Long Term Debt = unknown (none)
Short Term Debt = 50.2m USD (from shortTermDebt, last fiscal year)
Debt = 50.2m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -179.2m USD (from netDebt column, last quarter)
Enterprise Value = 2.10b USD (2.23b + Debt 50.2m - CCE 179.2m)
Interest Coverage Ratio = -2.87 (Ebit TTM -9.47m / Interest Expense TTM 3.31m)
EV/FCF = 43.66x (Enterprise Value 2.10b / FCF TTM 48.0m)
FCF Yield = 2.29% (FCF TTM 48.0m / Enterprise Value 2.10b)
FCF Margin = 17.60% (FCF TTM 48.0m / Revenue TTM 272.8m)
Net Margin = -16.47% (Net Income TTM -44.9m / Revenue TTM 272.8m)
Gross Margin = 75.55% ((Revenue TTM 272.8m - Cost of Revenue TTM 66.7m) / Revenue TTM)
Gross Margin QoQ = 78.88% (prev 76.78%)
Tobins Q-Ratio = 6.24 (Enterprise Value 2.10b / Total Assets 335.9m)
Interest Expense / Debt = 0.63% (Interest Expense 319.0k / Debt 50.2m)
Taxrate = 23.22% (1.95m / 8.38m)
NOPAT = -7.27m (EBIT -9.47m * (1 - 23.22%)) [loss with tax shield]
Current Ratio = 4.04 (Total Current Assets 254.2m / Total Current Liabilities 62.9m)
Debt / Equity = 0.19 (Debt 50.2m / totalStockholderEquity, last quarter 266.7m)
Debt / EBITDA = -47.32 (Net Debt -179.2m / EBITDA 3.79m)
Debt / FCF = -3.73 (Net Debt -179.2m / FCF TTM 48.0m)
Total Stockholder Equity = 71.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -16.43% (Net Income -44.9m / Total Assets 335.9m)
RoE = -63.24% (Net Income TTM -44.9m / Total Stockholder Equity 71.0m)
RoCE = -3.47% (EBIT -9.47m / Capital Employed (Total Assets 335.9m - Current Liab 62.9m))
RoIC = -7.54% (negative operating profit) (NOPAT -7.27m / Invested Capital 96.4m)
WACC = 11.04% (E(2.23b)/V(2.28b) * Re(11.28%) + D(50.2m)/V(2.28b) * Rd(0.63%) * (1-Tc(0.23)))
Discount Rate = 11.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 30.47%
[DCF Debug] Terminal Value 67.88% ; FCFF base≈31.8m ; Y1≈31.9m ; Y5≈34.1m
Fair Price DCF = 11.81 (EV 376.5m - Net Debt -179.2m = Equity 555.7m / Shares 47.1m; r=11.04% [WACC]; 5y FCF grow 0.0% → 2.90% )
EPS Correlation: 93.96 | EPS CAGR: 89.9k% | SUE: N/A | # QB: 0
Revenue Correlation: 86.22 | Revenue CAGR: 18.49% | SUE: N/A | # QB: 0
EPS next Year (2026-12-31): EPS=0.86 | Chg30d=N/A | Revisions Net=+0 | Growth EPS=+151.3% | Growth Revenue=+16.1%