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Magnite Inc
NASDAQ:MGNI

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Magnite Inc
NASDAQ:MGNI
Watchlist
Price: 11.1 USD -5.05% Market Closed
Updated: Dec 10, 2022

Intrinsic Value

The intrinsic value of one MGNI stock under the Base Case scenario is 16.63 USD. Compared to the current market price of 11.1 USD, Magnite Inc is Undervalued by 33%.

The Intrinsic Value is calculated as the average of the two valuation methods:

MGNI Intrinsic Value
Base Case
16.63 USD
Undervaluation 33%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

MGNI Profitability Score
Profitability Due Diligence

Magnite Inc's profitability score is 43/100. The higher the profitability score, the more profitable the company is.

Negative 3-Year Average ROIC
Negative 3-Year Average ROE
Negative Operating Income
Negative Net Income
43/100
Profitability
Score

Magnite Inc's profitability score is 43/100. The higher the profitability score, the more profitable the company is.

MGNI Solvency Score
Solvency Due Diligence

Magnite Inc's solvency score is 29/100. The higher the solvency score, the more solvent the company is.

Low Interest Coverage
Low Altman Z-Score
Positive Net Debt
Short-Term Liabilities
29/100
Solvency
Score

Magnite Inc's solvency score is 29/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
53%
Gross Margin
-13%
Operating Margin
-17%
Net Margin
24%
FCF Margin
-11%
ROE
-5%
ROIC
Other

MGNI Capital Structure
Magnite Inc

Market Capitalization 1.5B USD
Total Debt 722M USD
Minority Interest 0 USD
Preferred Equity 0 USD
Cash and Equivalents 254M USD
Short-Term Investments 0 USD
Enterprise Value 1.9B USD

Wall St
Price Targets

MGNI Price Targets Summary
Magnite Inc

Wall Street analysts forecast MGNI stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MGNI is 13.92 USD with a low forecast of 9.09 USD and a high forecast of 17.85 USD.

Lowest
Price Target
9.09 USD
18% Downside
Average
Price Target
13.92 USD
25% Upside
Highest
Price Target
17.85 USD
61% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

MGNI Competitors
Magnite Inc

MGNI Suppliers & Customers
Magnite Inc

Magnite Inc has 3 key suppliers from 1 countries and 3 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Technology industry.

Magnite Inc has 7 key customers from 3 countries and 3 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Media industry.

Ownership

MGNI Insider Trading
Buy and sell transactions by insiders

Magnite Inc insiders have sold more shares than they have bought in the past 12 months.

During the last 12 months Magnite Inc insiders bought 54.5k USD , and sold 1.3M USD worth of shares. The last transaction was made on Dec 10, 2022 by Barrett Michael G. (CEO), who sold 869k USD worth of MGNI shares.

Sold
0-3
months
869k USD
1
3-6
months
0 USD
0
6-9
months
208k USD
1
9-12
months
227k USD
1
Bought
0-3
months
0
0 USD
3-6
months
No Insider Transactions
0
0 USD
6-9
months
1
22.5k USD
9-12
months
1
32k USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
869k USD
N/A
-868.5k
6 Months
869k USD
N/A
-868.5k
9 Months
1.1M USD
22.5k USD
-1.1M
12 Months
1.3M USD
54.5k USD
-1.2M
Purchases
4
Sales
216
Why is insider trading important?

Shareholder Return

MGNI Price
Magnite Inc

1M 1M
+16%
6M 6M
+9%
1Y 1Y
-36%
3Y 3Y
+39%
5Y 5Y
+534%
Annual Price Range
11.1
52w Low
5.78
52w High
18.83
Price Metrics
Average Annual Return 111.33%
Standard Deviation of Annual Returns 79.83%
Max Drawdown -91%
Shares Statistics
Market Capitalization 1.5B USD
Shares Outstanding 132 937 000
Percentage of Shares Shorted 7.18%

Company Profile

Magnite Inc

Country

United States of America

Industry

Media

Market Cap

1.5B USD

Dividend Yield

0%

Description

Magnite, Inc. provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. The company is headquartered in New York City, New York and currently employs 876 full-time employees. The company went IPO on 2014-02-04. The firm's platform features applications and services for sellers of digital advertising inventory, or publishers, that own and operate connected television (CTV) channels, applications, Websites and other digital media properties, to manage and monetize their inventory. Its applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms (DSPs), to buy digital advertising inventory, and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale. The company provides a range of tools for sellers to control their advertising business and protect the consumer viewing experience. The company operates primarily in North America, Australia and Europe. Its subsidiaries include Magnite CTV, Inc., SpotX, Inc. and others.

Contact

NEW YORK
New York City
1250 Broadway, 15Th Floor
+12122432769.0
https://www.rubiconproject.com/

IPO

2014-02-04

Employees

876

Officers

Pres, CEO & Director
Mr. Michael G. Barrett
Chief Financial Officer
Mr. David L. Day
Chief Operating Officer
Ms. Katie Evans
Chief Revenue Officer
Mr. Sean Patrick Buckley
Chief Accounting Officer
Mr. Brian Gephart
VP of Investor Relations & Head of Global Real Estate
Mr. Nick Kormeluk
Show More
Gen. Counsel & Corp. Sec.
Mr. Aaron Saltz
Global Head of Communications
Charlstie Veith
Chief Marketing Officer
Mr. David Hertog
Chief People Officer
Ms. Shawna Hughes CPA
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one MGNI stock?

The intrinsic value of one MGNI stock under the Base Case scenario is 16.63 USD.

Is MGNI stock undervalued or overvalued?

Compared to the current market price of 11.1 USD, Magnite Inc is Undervalued by 33%.