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NASDAQ: MGNI
Magnite Inc Stock

$13.10+0.01 (+0.08%)
Updated Jun 11, 2024
MGNI Price
$13.10
Fair Value Price
$23.92
Market Cap
$1.83B
52 Week Low
$6.28
52 Week High
$15.73
P/E
-22.98x
P/B
2.64x
P/S
2.34x
PEG
N/A
Dividend Yield
N/A
Revenue
$638.88M
Earnings
-$78.21M
Gross Margin
45.1%
Operating Margin
-8.13%
Profit Margin
-12.2%
Debt to Equity
2.53
Operating Cash Flow
$185M
Beta
1.97
Next Earnings
Aug 7, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MGNI Overview

Magnite Incorporated (formerly The Rubicon Project, Inc.) provides applications and services to digital advertising vendors or publishers that own and operate CTV (connected television) channels, applications, websites, and other digital media properties. Its customers include advertisers, agencies, agency trading desks, and demand side platforms. Magnite was incorporated in 2007 and is headquartered in New York, NY.

Zen Score

Industry Average (29)
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Due Diligence Checks

MGNI ($13.10) is undervalued by 45.24% relative to our estimate of its Fair Value price of $23.92 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
MGNI ($13.10) is significantly undervalued by 45.24% relative to our estimate of its Fair Value price of $23.92 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
MGNI is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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MGNI News

Valuation

MGNI fair value

Fair Value of MGNI stock based on Discounted Cash Flow (DCF)
Price
$13.10
Fair Value
$23.92
Undervalued by
45.24%
MGNI ($13.10) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MGNI ($13.10) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MGNI is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MGNI price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-22.98x
Industry
10.63x
Market
29.53x

MGNI price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.64x
Industry
3.39x
MGNI is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MGNI's financial health

Profit margin

Revenue
$149.3M
Net Income
-$17.8M
Profit Margin
-11.9%
MGNI's Earnings (EBIT) of -$51.92M... subscribe to Premium to read more.
Interest Coverage Financials
MGNI's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.5B
Liabilities
$1.8B
Debt to equity
2.53
MGNI's short-term assets ($1.27B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MGNI's short-term assets ($1.27B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MGNI's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MGNI's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$60.4M
Investing
-$9.3M
Financing
-$3.1M
MGNI's operating cash flow ($184.85M)... subscribe to Premium to read more.
Debt Coverage Financials

MGNI vs Advertising Agency Stocks

TickerMarket Cap1d %P/EP/B
MGNI$1.83B+0.08%-22.98x2.64x
STGW$1.77B-1.35%-659.00x5.25x
CRTO$2.15B-1.40%29.41x2.07x
CMPR$2.19B-2.52%25.98x-3.44x
IAS$1.40B-2.78%437.00x1.52x

Magnite Stock FAQ

What is Magnite's quote symbol?

(NASDAQ: MGNI) Magnite trades on the NASDAQ under the ticker symbol MGNI. Magnite stock quotes can also be displayed as NASDAQ: MGNI.

If you're new to stock investing, here's how to buy Magnite stock.

What is the 52 week high and low for Magnite (NASDAQ: MGNI)?

(NASDAQ: MGNI) Magnite's 52-week high was $15.73, and its 52-week low was $6.28. It is currently -16.72% from its 52-week high and 108.6% from its 52-week low.

How much is Magnite stock worth today?

(NASDAQ: MGNI) Magnite currently has 140,023,657 outstanding shares. With Magnite stock trading at $13.10 per share, the total value of Magnite stock (market capitalization) is $1.83B.

Magnite stock was originally listed at a price of $20.09 in Apr 2, 2014. If you had invested in Magnite stock at $20.09, your return over the last 10 years would have been -34.79%, for an annualized return of -4.19% (not including any dividends or dividend reinvestments).

How much is Magnite's stock price per share?

(NASDAQ: MGNI) Magnite stock price per share is $13.10 today (as of Jun 11, 2024).

What is Magnite's Market Cap?

(NASDAQ: MGNI) Magnite's market cap is $1.83B, as of Jun 13, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Magnite's market cap is calculated by multiplying MGNI's current stock price of $13.10 by MGNI's total outstanding shares of 140,023,657.
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