Magnite Statistics

Share Statistics

Magnite has 142.4M shares outstanding. The number of shares has increased by -0.03% in one year.

Shares Outstanding	142.4M
Shares Change (YoY)	-0.03%
Shares Change (QoQ)	-1.29%
Owned by Institutions (%)	92.93%
Shares Floating	138.66M
Failed to Deliver (FTD) Shares	3,518
FTD / Avg. Volume	0.13%

Short Selling Information

The latest short interest is 18.93M, so 13.42% of the outstanding shares have been sold short.

Short Interest	18.93M
Short % of Shares Out	13.42%
Short % of Float	13.64%
Short Ratio (days to cover)	4.98

Valuation Ratios

The PE ratio is 98.2 and the forward PE ratio is 20.25. Magnite's PEG ratio is -0.86.

PE Ratio	98.2
Forward PE	20.25
PS Ratio	3.35
Forward PS	4.2
PB Ratio	2.91
P/FCF Ratio	11.06
PEG Ratio	-0.86

Financial Ratio History

Enterprise Valuation

Magnite has an Enterprise Value (EV) of 2.36B.

EV / Sales	3.54
EV / EBITDA	21.1
EV / EBIT	10.05
EV / FCF	11.68

Financial Position

The company has a current ratio of 1.14, with a Debt / Equity ratio of 0.79.

Current Ratio	1.14
Quick Ratio	1.14
Debt / Equity	0.79
Debt / EBITDA	5.43
Debt / FCF	3.01
Interest Coverage	1.89

Financial Efficiency

Return on Equity is 2.97% and Return on Invested Capital is 3.19%.

Return on Equity	2.97%
Return on Assets	0.8%
Return on Invested Capital	3.19%
Revenue Per Employee	$738.31K
Profits Per Employee	$25.18K
Employee Count	905
Asset Turnover	0.23
Inventory Turnover	n/a

Taxes

Income Tax	3.7M
Effective Tax Rate	13.96%

Stock Price Statistics

The stock price has increased by 78.5% in the last 52 weeks. The beta is 3.05, so Magnite's price volatility has been higher than the market average.

Beta	3.05
52-Week Price Change	78.5%
50-Day Moving Average	21.16
200-Day Moving Average	16.46
Relative Strength Index (RSI)	50.76
Average Volume (20 Days)	2,689,132

Income Statement

In the last 12 months, Magnite had revenue of 668.17M and earned 22.79M in profits. Earnings per share was 0.16.

Revenue	668.17M
Gross Profit	409.33M
Operating Income	51.09M
Net Income	22.79M
EBITDA	112.03M
EBIT	53.52M
Earnings Per Share (EPS)	0.16

Full Income Statement

Balance Sheet

The company has 483.22M in cash and 608.81M in debt, giving a net cash position of -125.59M.

Cash & Cash Equivalents	483.22M
Total Debt	608.81M
Net Cash	-125.59M
Retained Earnings	-661.17M
Total Assets	2.93B
Working Capital	-8.44M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 235.2M and capital expenditures -32.81M, giving a free cash flow of 202.39M.

Operating Cash Flow	235.2M
Capital Expenditures	-32.81M
Free Cash Flow	202.39M
FCF Per Share	1.44

Full Cash Flow Statement

Margins

Gross margin is 61.26%, with operating and profit margins of 7.65% and 3.41%.

Gross Margin	61.26%
Operating Margin	7.65%
Pretax Margin	3.96%
Profit Margin	3.41%
EBITDA Margin	16.77%
EBIT Margin	7.65%
FCF Margin	30.29%

Dividends & Yields

MGNI does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Payout Ratio	n/a
Earnings Yield	1.02%
FCF Yield	9.04%

Dividend Details

Analyst Forecast

The average price target for MGNI is $25, which is 13.2% higher than the current price. The consensus rating is "Buy".

Price Target	$25
Price Target Difference	13.2%
Analyst Consensus	Buy
Analyst Count	11

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	4.46
Graham Upside	-79.8%

Scores

Altman Z-Score	0.89
Piotroski F-Score	6

Magnite Inc. (MGNI)