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.
Trading Information
- Previous Close Price
- $170.00
- Day Range
- $170.00–170.00
- 52-Week Range
- $150.00–170.00
- Bid/Ask
- $173.00 / $234.00
- Market Cap
- $23.79 Bil
- Volume/Avg
- 8 / 506
Key Statistics
- Price/Earnings (Normalized)
- 19.49
- Price/Sales
- 2.11
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
- Sector
- Communication Services
- Industry
- Advertising Agencies
- Stock Style Box
- Small Growth
- Total Number of Employees
- 911
- Website
- https://investor.magnite.com
Comparables
Valuation
|
Metric
|
MGNI
|
LFST
|
CPNG
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.49 | — | 75.68 |
Price/Book Value | 2.06 | 1.41 | 9.42 |
Price/Sales | 2.11 | 1.78 | 1.51 |
Price/Cash Flow | 9.54 | 68.62 | 22.32 |
Price/Earnings
MGNI
LFST
CPNG
Financial Strength
|
Metric
|
MGNI
|
LFST
|
CPNG
|
|---|---|---|---|
Quick Ratio | 1.08 | 1.09 | 0.78 |
Current Ratio | 1.10 | 1.18 | 1.15 |
Interest Coverage | −1.61 | −7.58 | 5.77 |
Quick Ratio
MGNI
LFST
CPNG
Profitability
|
Metric
|
MGNI
|
LFST
|
CPNG
|
|---|---|---|---|
Return on Assets (Normalized) | 3.22% | −4.18% | 12.59% |
Return on Equity (Normalized) | 11.76% | −6.13% | 46.16% |
Return on Invested Capital (Normalized) | 8.09% | −3.55% | 22.86% |
Return on Assets
MGNI
LFST
CPNG
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