Compoundeer Logo
COMPOUNDEER
Uncovering Potential
RankingCompaniesDCF
MGNI Logo

Magnite, Inc.

MGNI

Services-Computer Programming, Data Processing, Etc.

Mkt Cap

$1.246B

PE

-7.83

Debt

$559.7M

Cash

$326.2M

EV

$1.48B

FCF

$187.6M

Market Cap

$1.246B

P/E Ratio

-7.83

Debt

$559.7M

Cash

$326.2M

EV

$1.48B

FCF

$187.6M
Charts data: {"Earnings":[{"time":"2014-12-30","value":-19789000},{"time":"2015-12-30","value":422000},{"time":"2016-12-30","value":-18053000},{"time":"2017-12-30","value":-154783000},{"time":"2018-12-30","value":-61822000},{"time":"2019-12-30","value":-25478000},{"time":"2020-12-30","value":-53432000},{"time":"2021-12-30","value":65000},{"time":"2022-12-30","value":-130323000},{"time":"2023-12-30","value":-159184000}],"Sales":[{"time":"2014-12-30","value":125295000},{"time":"2015-12-30","value":248484000},{"time":"2016-12-30","value":278221000},{"time":"2017-12-30","value":155545000},{"time":"2018-12-30","value":124685000},{"time":"2019-12-30","value":156414000},{"time":"2020-12-30","value":221628000},{"time":"2021-12-30","value":468413000},{"time":"2022-12-30","value":577069000},{"time":"2023-12-30","value":619710000}],"Net Margins":[{"time":"2014-12-30","value":-0.1579392633385211},{"time":"2015-12-30","value":0.0016982984819948167},{"time":"2016-12-30","value":-0.06488726587856417},{"time":"2017-12-30","value":-0.9951010961458099},{"time":"2018-12-30","value":-0.4958254802101295},{"time":"2019-12-30","value":-0.16288823251115628},{"time":"2020-12-30","value":-0.2410886711065389},{"time":"2021-12-30","value":0.00013876643047908577},{"time":"2022-12-30","value":-0.22583607852787102},{"time":"2023-12-30","value":-0.2568685352826322}],"Assets":[{"time":"2014-12-30","value":296481000},{"time":"2015-12-30","value":536736000},{"time":"2016-12-30","value":519775000},{"time":"2017-12-30","value":383635000},{"time":"2018-12-30","value":360012000},{"time":"2019-12-30","value":395120000},{"time":"2020-12-30","value":938960000},{"time":"2021-12-30","value":2712612000},{"time":"2022-12-30","value":2712213000},{"time":"2023-12-30","value":2688806000}],"Stockholders Equity":[{"time":"2014-12-30","value":128752000},{"time":"2015-12-30","value":278101000},{"time":"2016-12-30","value":299513000},{"time":"2017-12-30","value":164611000},{"time":"2018-12-30","value":118013000},{"time":"2019-12-30","value":111936000},{"time":"2020-12-30","value":381613000},{"time":"2021-12-30","value":880757000},{"time":"2022-12-30","value":791298000},{"time":"2023-12-30","value":701683000}],"ROE":[{"time":"2014-12-30","value":-0.1536985833229775},{"time":"2015-12-30","value":0.0015174343134328895},{"time":"2016-12-30","value":-0.060274512291620064},{"time":"2017-12-30","value":-0.940295606004459},{"time":"2018-12-30","value":-0.5238575411183514},{"time":"2019-12-30","value":-0.2276122069754145},{"time":"2020-12-30","value":-0.14001619441685687},{"time":"2021-12-30","value":0.00007380015146061853},{"time":"2022-12-30","value":-0.16469522228035455},{"time":"2023-12-30","value":-0.22686027736171463}],"ROA":[{"time":"2014-12-30","value":-0.062401975168729196},{"time":"2015-12-30","value":-0.007711426101472605},{"time":"2016-12-30","value":-0.04408253571256794},{"time":"2017-12-30","value":-0.4080571376438542},{"time":"2018-12-30","value":-0.17073042009710787},{"time":"2019-12-30","value":-0.06830836201660255},{"time":"2020-12-30","value":-0.05616746187271023},{"time":"2021-12-30","value":-0.02988632358774495},{"time":"2022-12-30","value":-0.04158375466823586},{"time":"2023-12-30","value":-0.0576497523436053}]}

Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

Sector

  • APP Logo

    APP

  • BLND Logo

    BLND

  • BMBL Logo

    BMBL

  • CDLX Logo

    CDLX

  • CEVA Logo

    CEVA

  • DOCN Logo

    DOCN

  • DV Logo

    DV

  • EB Logo

    EB

  • EVER Logo

    EVER

  • FDS Logo

    FDS

  • GOOGL Logo

    GOOGL

  • GRND Logo

    GRND

  • HCAT Logo

    HCAT

  • HSTM Logo

    HSTM

  • IAS Logo

    IAS

  • KIND Logo

    KIND

  • META Logo

    META

  • MODN Logo

    MODN

  • PINS Logo

    PINS

  • PUBM Logo

    PUBM

Growth

%

%

Discount

%

%

Multiple

g\r+10%+11%+12%+13%+14%
0%109887
+1%1110988
+2%13111098
+3%141311109
+4%1714121110
Years012345678910TV
FCF$187.6M$227.4M$271.6M$319.5M$370.1M$421.9M$473.5M$522.8M$567.8M$606.4M$636.7M$6.367B
DCF$197.8M$205.4M$210.1M$211.6M$209.8M$204.7M$196.5M$185.6M$172.4M$157.4M$1.574B
Value$3.525B

In the chart Earnings are multiplied by this value.

Earnings Growth -19%
Earnings Stability -100%


Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12-201512-201612-201712-201812-201912-202012-202112-202212-2023TTM
Net Margin0.17%-6.5%-100%-50%-16%-24%0.014%-23%-26%-26%
ROA-0.77%-4.4%-41%-17%-6.8%-5.6%-3%-4.2%-5.8%-5.8%
ROE0.15%-6%-94%-52%-23%-14%0.0074%-16%-23%-23%

What is the average Net Margin?

The average Net Margin over the past 5 years is -23.04%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is +3.56%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is -7.07%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is +1.92%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is -21.38%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is +5.18%.


Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12-201512-201612-201712-201812-201912-202012-202112-202212-2023TTM
Debt FCF0.00----0.007.004.692.982.98
Debt Equity0.00----0.000.860.960.800.80
MIN
Graham Stability----------

What is the Debt/FCF?

The Debt/FCF trailing twelve month is 2.98.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is 0.66.

What is the Graham’s Stability?

Graham’s Stability measure stands at -.


Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12-201612-201812-202012-2022Trend
Revenue12%38%41%7.4%0.71%
Net Income-----
Stockholders Equity13%43%23%-11%0.97%
FCF26%--16%9.7%

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is +37.81%.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is +0.71%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is +20.82%.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is -.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is +42.84%.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is +0.97%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is -.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is +9.67%.