MAGNITE INC (MGNI) Stock Fundamental Analysis
USA - NASDAQ:MGNI - US55955D1000 - Common Stock
14.08 USD
+0.95 (+7.24%)
14.08 USD
0 (0%)
Overall MGNI gets a fundamental rating of 5 out of 10. We evaluated MGNI against 96 industry peers in the Media industry. MGNI has only an average score on both its financial health and profitability. MGNI is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
MGNI had positive earnings in the past year.
In the past year MGNI had a positive cash flow from operations.
In multiple years MGNI reported negative net income over the last 5 years.
Of the past 5 years MGNI 4 years had a positive operating cash flow.
1.2 Ratios
MGNI has a Return On Assets of 1.98%. This is in the better half of the industry: MGNI outperforms 65.63% of its industry peers.
With a decent Return On Equity value of 7.17%, MGNI is doing good in the industry, outperforming 66.67% of the companies in the same industry.
MGNI's Return On Invested Capital of 6.12% is fine compared to the rest of the industry. MGNI outperforms 67.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 7.17% | ||
| ROIC | 6.12% |
ROA(3y)-3.31%
ROA(5y)-3.12%
ROE(3y)-12.06%
ROE(5y)-10.03%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MGNI has a Profit Margin of 8.25%. This is in the better half of the industry: MGNI outperforms 76.04% of its industry peers.
In the last couple of years the Profit Margin of MGNI has grown nicely.
The Operating Margin of MGNI (12.22%) is better than 68.75% of its industry peers.
MGNI has a Gross Margin of 62.30%. This is in the better half of the industry: MGNI outperforms 71.88% of its industry peers.
MGNI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.22% | ||
| PM (TTM) | 8.25% | ||
| GM | 62.3% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y442.58%
PM growth 5YN/A
GM growth 3Y2.46%
GM growth 5Y-0.65%
2. Health
2.1 Basic Checks
MGNI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
MGNI has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MGNI has more shares outstanding
The debt/assets ratio for MGNI has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.57, we must say that MGNI is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.57, MGNI is in line with its industry, outperforming 42.71% of the companies in the same industry.
MGNI has a debt to FCF ratio of 3.46. This is a good value and a sign of high solvency as MGNI would need 3.46 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.46, MGNI is doing good in the industry, outperforming 78.13% of the companies in the same industry.
A Debt/Equity ratio of 0.43 indicates that MGNI is not too dependend on debt financing.
The Debt to Equity ratio of MGNI (0.43) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 3.46 | ||
| Altman-Z | 0.57 |
ROIC/WACC0.75
WACC8.11%
2.3 Liquidity
MGNI has a Current Ratio of 1.01. This is a normal value and indicates that MGNI is financially healthy and should not expect problems in meeting its short term obligations.
MGNI's Current ratio of 1.01 is in line compared to the rest of the industry. MGNI outperforms 43.75% of its industry peers.
A Quick Ratio of 1.01 indicates that MGNI should not have too much problems paying its short term obligations.
MGNI has a Quick ratio (1.01) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
MGNI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.31%, which is quite impressive.
The Earnings Per Share has been growing by 9.04% on average over the past years. This is quite good.
The Revenue has been growing slightly by 6.27% in the past year.
The Revenue has been growing by 33.70% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)32.31%
EPS 3Y9.04%
EPS 5YN/A
EPS Q2Q%17.65%
Revenue 1Y (TTM)6.27%
Revenue growth 3Y12.57%
Revenue growth 5Y33.7%
Sales Q2Q%11.61%
3.2 Future
Based on estimates for the next years, MGNI will show a very strong growth in Earnings Per Share. The EPS will grow by 28.67% on average per year.
Based on estimates for the next years, MGNI will show a quite strong growth in Revenue. The Revenue will grow by 10.98% on average per year.
EPS Next Y31.69%
EPS Next 2Y28.67%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.44%
Revenue Next 2Y10.42%
Revenue Next 3Y10.19%
Revenue Next 5Y10.98%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.37, MGNI is valued correctly.
Based on the Price/Earnings ratio, MGNI is valued a bit cheaper than 69.79% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. MGNI is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 12.15 indicates a correct valuation of MGNI.
MGNI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MGNI is cheaper than 68.75% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MGNI to the average of the S&P500 Index (34.46), we can say MGNI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.37 | ||
| Fwd PE | 12.15 |
4.2 Price Multiples
MGNI's Enterprise Value to EBITDA ratio is in line with the industry average.
67.71% of the companies in the same industry are more expensive than MGNI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.47 | ||
| EV/EBITDA | 13.68 |
4.3 Compensation for Growth
MGNI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MGNI's earnings are expected to grow with 28.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.52
PEG (5Y)N/A
EPS Next 2Y28.67%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for MGNI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
14.08
+0.95 (+7.24%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners105.29%
Inst Owner Change-6.13%
Ins Owners1.38%
Ins Owner Change-27.18%
Market Cap2.00B
Revenue(TTM)702.57M
Net Income(TTM)57.97M
Analysts82.86
Price Target28.24 (100.57%)
Short Float %10.95%
Short Ratio5.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.25%
Min EPS beat(2)0.55%
Max EPS beat(2)17.94%
EPS beat(4)3
Avg EPS beat(4)22.02%
Min EPS beat(4)-8.02%
Max EPS beat(4)77.58%
EPS beat(8)6
Avg EPS beat(8)1422.66%
EPS beat(12)9
Avg EPS beat(12)980.65%
EPS beat(16)12
Avg EPS beat(16)735.93%
Revenue beat(2)2
Avg Revenue beat(2)0.55%
Min Revenue beat(2)0.16%
Max Revenue beat(2)0.94%
Revenue beat(4)3
Avg Revenue beat(4)-0.64%
Min Revenue beat(4)-4.12%
Max Revenue beat(4)0.94%
Revenue beat(8)5
Avg Revenue beat(8)0.05%
Revenue beat(12)8
Avg Revenue beat(12)1.14%
Revenue beat(16)12
Avg Revenue beat(16)3.64%
PT rev (1m)-0.48%
PT rev (3m)12.38%
EPS NQ rev (1m)-6.58%
EPS NQ rev (3m)-9.27%
EPS NY rev (1m)0%
EPS NY rev (3m)3.88%
Revenue NQ rev (1m)0.62%
Revenue NQ rev (3m)2.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.37 | ||
| Fwd PE | 12.15 | ||
| P/S | 2.85 | ||
| P/FCF | 12.47 | ||
| P/OCF | 9.01 | ||
| P/B | 2.48 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.68 |
EPS(TTM)0.86
EY6.11%
EPS(NY)1.16
Fwd EY8.23%
FCF(TTM)1.13
FCFY8.02%
OCF(TTM)1.56
OCFY11.09%
SpS4.93
BVpS5.67
TBVpS-1.54
PEG (NY)0.52
PEG (5Y)N/A
Graham Number10.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 7.17% | ||
| ROCE | 7.11% | ||
| ROIC | 6.12% | ||
| ROICexc | 10.18% | ||
| ROICexgc | N/A | ||
| OM | 12.22% | ||
| PM (TTM) | 8.25% | ||
| GM | 62.3% | ||
| FCFM | 22.88% |
ROA(3y)-3.31%
ROA(5y)-3.12%
ROE(3y)-12.06%
ROE(5y)-10.03%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y442.58%
PM growth 5YN/A
GM growth 3Y2.46%
GM growth 5Y-0.65%
F-Score7
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 3.46 | ||
| Debt/EBITDA | 2.45 | ||
| Cap/Depr | 109.58% | ||
| Cap/Sales | 8.78% | ||
| Interest Coverage | 2.88 | ||
| Cash Conversion | 156.47% | ||
| Profit Quality | 277.26% | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 0.57 |
F-Score7
WACC8.11%
ROIC/WACC0.75
Cap/Depr(3y)38.84%
Cap/Depr(5y)36.21%
Cap/Sales(3y)6.92%
Cap/Sales(5y)7.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.31%
EPS 3Y9.04%
EPS 5YN/A
EPS Q2Q%17.65%
EPS Next Y31.69%
EPS Next 2Y28.67%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.27%
Revenue growth 3Y12.57%
Revenue growth 5Y33.7%
Sales Q2Q%11.61%
Revenue Next Year9.44%
Revenue Next 2Y10.42%
Revenue Next 3Y10.19%
Revenue Next 5Y10.98%
EBIT growth 1Y86.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year338.89%
EBIT Next 3Y81.8%
EBIT Next 5Y49.09%
FCF growth 1Y-7.41%
FCF growth 3Y24.5%
FCF growth 5Y73.12%
OCF growth 1Y3.88%
OCF growth 3Y22.93%
OCF growth 5Y49.02%
MAGNITE INC / MGNI FAQ
What is the ChartMill fundamental rating of MAGNITE INC (MGNI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to MGNI.
What is the valuation status of MAGNITE INC (MGNI) stock?
ChartMill assigns a valuation rating of 6 / 10 to MAGNITE INC (MGNI). This can be considered as Fairly Valued.
How profitable is MAGNITE INC (MGNI) stock?
MAGNITE INC (MGNI) has a profitability rating of 5 / 10.
Can you provide the financial health for MGNI stock?
The financial health rating of MAGNITE INC (MGNI) is 4 / 10.