Financials Magnite, Inc.

Equities

MGNI

US55955D1000

Advertising & Marketing

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
9.19 USD +4.43% Intraday chart for Magnite, Inc. +8.63% -1.61%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 433 3,438 2,307 1,413 1,288 1,287 - -
Enterprise Value (EV) 1 433 3,438 2,800 1,813 1,288 1,007 1,250 1,025
P/E ratio -17 x -55.8 x 35,000 x -10.8 x -7.98 x -94.6 x 51.1 x -
Yield - - - - - - - -
Capitalization / Revenue 2.77 x 15.5 x 5.54 x 2.74 x 2.34 x 2.14 x 1.94 x 1.65 x
EV / Revenue 2.77 x 15.5 x 6.72 x 3.52 x 2.34 x 1.67 x 1.88 x 1.31 x
EV / EBITDA 16.9 x 79.8 x 18.8 x 10.1 x 7.51 x 5.22 x 5.66 x 3.97 x
EV / FCF 21.1 x -101 x 28.7 x 11.2 x - 8.22 x 7.72 x -
FCF Yield 4.75% -0.99% 3.48% 8.92% - 12.2% 12.9% -
Price to Book - - 2.63 x 1.79 x - 1.69 x 1.45 x 1.24 x
Nbr of stocks (in thousands) 53,066 111,959 131,813 133,385 137,851 140,024 - -
Reference price 2 8.160 30.71 17.50 10.59 9.340 9.190 9.190 9.190
Announcement Date 2/26/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 156.4 221.6 416.5 514.6 549.1 601.5 663.7 779.9
EBITDA 1 25.69 43.06 148.7 178.8 171.4 192.8 220.7 258.1
EBIT 1 -27.58 -54.23 -81.07 -112.8 -155 -3.523 62.95 87.9
Operating Margin -17.63% -24.47% -19.47% -21.92% -28.23% -0.59% 9.48% 11.27%
Earnings before Tax (EBT) 1 -26.99 -52.74 -94.99 -135.6 -157.5 -19.7 19.07 -
Net income 1 -25.48 -53.43 0.065 -130.3 -159.2 -24.02 13.94 -
Net margin -16.29% -24.11% 0.02% -25.32% -28.99% -3.99% 2.1% -
EPS 2 -0.4800 -0.5500 0.000500 -0.9800 -1.170 -0.0971 0.1800 -
Free Cash Flow 1 20.56 -34.02 97.46 161.7 - 122.5 161.9 -
FCF margin 13.14% -15.35% 23.4% 31.43% - 20.37% 24.39% -
FCF Conversion (EBITDA) 80.01% - 65.56% 90.46% - 63.55% 73.33% -
FCF Conversion (Net income) - - 149,940% - - - 1,161.11% -
Dividend per Share 2 - - - - - - - -
Announcement Date 2/26/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 114.1 142.1 107.1 123.3 127.6 156.6 116 134.7 133.1 165.3 124.2 143.8 148.3 185.2 137.7
EBITDA 1 39.97 67.54 28.84 41.32 44.4 64.23 23.34 37.33 40.29 70.41 17.32 42.03 49.5 83.96 20.86
EBIT 1 -23.95 3.635 -39.82 -23.26 -21.16 -28.54 -100.5 -71.8 -17.84 35.12 -31.78 -7.469 0.7041 35.04 -33.33
Operating Margin -21% 2.56% -37.19% -18.87% -16.57% -18.22% -86.6% -53.31% -13.4% 21.25% -25.59% -5.19% 0.47% 18.92% -24.21%
Earnings before Tax (EBT) 1 -29.03 -2.363 -46.6 -25.06 -24.83 -39.12 -99.04 -73.23 -18.44 33.16 -39.32 -14.44 -6.934 26.94 -44.27
Net income 1 -24.32 0.453 -44.59 -24.95 -24.39 -36.38 -98.73 -73.89 -17.48 30.91 -36.48 -11.57 -4.461 28.51 -44.24
Net margin -21.32% 0.32% -41.64% -20.24% -19.11% -23.23% -85.08% -54.86% -13.13% 18.7% -29.38% -8.05% -3.01% 15.4% -32.13%
EPS 2 -0.1800 0.003200 -0.3400 -0.1900 -0.1800 -0.2700 -0.7300 -0.5400 -0.1300 0.1600 -0.2343 -0.0586 -0.0143 0.2086 -0.3050
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/3/21 2/23/22 5/4/22 8/9/22 11/9/22 2/22/23 5/10/23 8/9/23 11/8/23 2/28/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 493 400 - - - -
Net Cash position 1 - - - - - 279 36.7 262
Leverage (Debt/EBITDA) - - 3.318 x 2.238 x - - - -
Free Cash Flow 1 20.6 -34 97.5 162 - 123 162 -
ROE (net income / shareholders' equity) - - 12.3% 11% - 16.1% 16.7% 16.5%
ROA (Net income/ Total Assets) - - - -4.8% - - - -
Assets 1 - - - 2,712 - - - -
Book Value Per Share 2 - - 6.660 5.920 - 5.450 6.340 7.430
Cash Flow per Share 2 - - 0.9300 1.450 - 1.890 2.060 2.300
Capex 1 11.4 14.3 17.7 30.8 - 36.3 38.5 -
Capex / Sales 7.3% 6.45% 4.25% 5.99% - 6.04% 5.8% -
Announcement Date 2/26/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
9.19 USD
Average target price
15.69 USD
Spread / Average Target
+70.70%
Consensus
  1. Stock Market
  2. Equities
  3. MGNI Stock
  4. Financials Magnite, Inc.