Magnite Inc. (MGNI)
Magnite Statistics
Share Statistics
Magnite has 142.95M shares outstanding. The number of shares has increased by 2.09% in one year.
| Shares Outstanding | 142.95M |
| Shares Change (YoY) | 2.09% |
| Shares Change (QoQ) | 1.61% |
| Owned by Institutions (%) | 87.32% |
| Shares Floating | 138.38M |
| Failed to Deliver (FTD) Shares | 7.3K |
| FTD / Avg. Volume | 0.26% |
Short Selling Information
The latest short interest is 11.02M, so 7.71% of the outstanding shares have been sold short.
| Short Interest | 11.02M |
| Short % of Shares Out | 7.71% |
| Short % of Float | 7.96% |
| Short Ratio (days to cover) | 3.94 |
Valuation Ratios
The PE ratio is 98.2 and the forward PE ratio is 9.01. Magnite's PEG ratio is -0.86.
| PE Ratio | 98.2 |
| Forward PE | 9.01 |
| PS Ratio | 3.35 |
| Forward PS | 1.6 |
| PB Ratio | 2.91 |
| P/FCF Ratio | 11.06 |
| PEG Ratio | -0.86 |
Enterprise Valuation
Magnite has an Enterprise Value (EV) of 1.81B.
| EV / Sales | 2.71 |
| EV / EBITDA | 35.49 |
| EV / EBIT | 7.71 |
| EV / FCF | 8.96 |
Financial Position
The company has a current ratio of 1.14, with a Debt / Equity ratio of 0.08.
| Current Ratio | 1.14 |
| Quick Ratio | 1.14 |
| Debt / Equity | 0.08 |
| Debt / EBITDA | 1.15 |
| Debt / FCF | 0.29 |
| 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 16.23% in the last 52 weeks. The beta is 2.69, so Magnite's price volatility has been higher than the market average.
| Beta | 2.69 |
| 52-Week Price Change | 16.23% |
| 50-Day Moving Average | 14.38 |
| 200-Day Moving Average | 14.45 |
| Relative Strength Index (RSI) | 38.51 |
| Average Volume (20 Days) | 2.79M |
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 | 51.09M |
| EBIT | 53.52M |
| Earnings Per Share (EPS) | 0.16 |
Balance Sheet
The company has 483.22M in cash and 58.71M in debt, giving a net cash position of 424.51M.
| Cash & Cash Equivalents | 483.22M |
| Total Debt | 58.71M |
| Net Cash | 424.51M |
| Retained Earnings | -661.17M |
| Total Assets | 2.85B |
| Working Capital | 207.2M |
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 |
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 | 7.65% |
| 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% |
Analyst Forecast
The average price target for MGNI is $19, which is 88.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $19 |
| Price Target Difference | 88.1% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
Scores
| Altman Z-Score | 0.46 |
| Piotroski F-Score | 8 |