Magnite Inc MGNI
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News
-
KERV Interactive Partners with Magnite to Deliver AI-Powered Interactive Video Ads Programmatically, at Scale
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Magnite to Announce First Quarter 2024 Financial Results on May 8, 2024
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Mediaocean and Magnite Strike Exclusive Partnership to Automate Media Planning, Execution, and Reconciliation in Streaming TV
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Magnite Reports Fourth Quarter and Full-Year 2023 Results
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Magnite Announces Closing of New Senior Secured Revolving Credit and Term Loan Facilities
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Magnite to Participate in the SIG Susquehanna Financial Group 13th Annual Technology Conference
Trading Information
- Previous Close Price
- $8.84
- Day Range
- $8.79–9.18
- 52-Week Range
- $6.28–15.73
- Bid/Ask
- $8.24 / $9.27
- Market Cap
- $1.27 Bil
- Volume/Avg
- 75 / 1.2 Mil
Key Statistics
- Price/Earnings (Normalized)
- 19.59
- Price/Sales
- 1.95
- 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
|
PUBM
|
MTCH
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.59 | 38.04 | 10.52 |
Price/Book Value | 1.74 | 3.76 | — |
Price/Sales | 1.95 | 4.65 | 2.78 |
Price/Cash Flow | 8.69 | 16.16 | 9.10 |
Price/Earnings
MGNI
PUBM
MTCH
Financial Strength
|
Metric
|
MGNI
|
PUBM
|
MTCH
|
|---|---|---|---|
Quick Ratio | 1.07 | 1.45 | 2.20 |
Current Ratio | 1.09 | 1.48 | 2.39 |
Interest Coverage | −3.87 | — | 5.69 |
Quick Ratio
MGNI
PUBM
MTCH
Profitability
|
Metric
|
MGNI
|
PUBM
|
MTCH
|
|---|---|---|---|
Return on Assets (Normalized) | 3.07% | 5.15% | 20.63% |
Return on Equity (Normalized) | 11.12% | 10.70% | — |
Return on Invested Capital (Normalized) | 7.31% | 7.60% | 27.72% |
Return on Assets
MGNI
PUBM
MTCH
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