Magnite Inc MGNI
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- MX$360.00
- Day Range
- MX$360.00–360.00
- 52-Week Range
- MX$237.00–440.00
- Bid/Ask
- MX$360.00 / MX$470.00
- Shares Outstanding
- 143.42M
- Market Cap
- $51.56B
- Volume/Avg
- 126,300 / 31,596
Key Statistics
- Price/Earnings (Normalized)
- 28.11
- Price/Sales
- 4.12
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- 1.63%
Company Profile
Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite’s revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.
- Sector
- Communication Services
- Industry
- Advertising Agencies
- Stock Style Box
- Small Growth
- Total Number of Employees
- 971
- Website
- https://www.magnite.com
Competitors
Valuation
|
Metric
|
MGNI
|
TTD
|
APP
|
|---|---|---|---|
Price/Earnings (Normalized) | 28.11 | 7.21 | 20.36 |
Price/Book Value | 3.15 | 2.18 | 28.43 |
Price/Sales | 4.12 | 1.92 | 13.32 |
Price/Cash Flow | 14.16 | 4.72 | 18.90 |
Price/Earnings
MGNI
TTD
APP
Financial Strength
|
Metric
|
MGNI
|
TTD
|
APP
|
|---|---|---|---|
Quick Ratio | 1.01 | 1.68 | 4.17 |
Current Ratio | 1.03 | 1.72 | 4.30 |
Interest Coverage | 6.81 | — | 26.42 |
Quick Ratio
MGNI
TTD
APP
Profitability
|
Metric
|
MGNI
|
TTD
|
APP
|
|---|---|---|---|
Return on Assets (Normalized) | 4.77% | 13.48% | 62.04% |
Return on Equity (Normalized) | 16.42% | 31.10% | 214.03% |
Return on Invested Capital (Normalized) | 11.20% | 25.69% | 82.14% |
Return on Assets
MGNI
TTD
APP
Advertising Agencies Industry Comparables
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1-Day Chart
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| WPP PLC ADR
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| LOCK|BtH#BML | LOCK|&dT | $5B | |||
| Magnite Inc
MGNI
| LOCK|GxQ^Pc | LOCK|lPn | $4B |