15.84 USD
-0.46 (-2.82%)
15.81 USD
-0.03 (-0.19%)
We assign a fundamental rating of 4 out of 10 to MGNI. MGNI was compared to 95 industry peers in the Media industry. MGNI has only an average score on both its financial health and profitability. MGNI has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MGNI had positive earnings in the past year.
In the past year MGNI had a positive cash flow from operations.
In multiple years MGNI reported negative net income over the last 5 years.
Of the past 5 years MGNI 4 years had a positive operating cash flow.
1.2 Ratios
MGNI has a better Return On Assets (1.98%) than 68.42% of its industry peers.
MGNI's Return On Equity of 7.17% is fine compared to the rest of the industry. MGNI outperforms 70.53% of its industry peers.
MGNI's Return On Invested Capital of 6.12% is fine compared to the rest of the industry. MGNI outperforms 75.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 7.17% | ||
| ROIC | 6.12% |
ROA(3y)-3.31%
ROA(5y)-3.12%
ROE(3y)-12.06%
ROE(5y)-10.03%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MGNI has a better Profit Margin (8.25%) than 77.89% of its industry peers.
In the last couple of years the Profit Margin of MGNI has grown nicely.
MGNI's Operating Margin of 12.22% is fine compared to the rest of the industry. MGNI outperforms 73.68% of its industry peers.
MGNI has a Gross Margin of 62.30%. This is in the better half of the industry: MGNI outperforms 71.58% of its industry peers.
In the last couple of years the Gross Margin of MGNI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.22% | ||
| PM (TTM) | 8.25% | ||
| GM | 62.3% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y442.58%
PM growth 5YN/A
GM growth 3Y2.46%
GM growth 5Y-0.65%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MGNI is destroying value.
The number of shares outstanding for MGNI has been increased compared to 1 year ago.
The number of shares outstanding for MGNI has been increased compared to 5 years ago.
The debt/assets ratio for MGNI has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.68, we must say that MGNI is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of MGNI (0.68) is comparable to the rest of the industry.
MGNI has a debt to FCF ratio of 3.46. This is a good value and a sign of high solvency as MGNI would need 3.46 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.46, MGNI is doing good in the industry, outperforming 78.95% of the companies in the same industry.
MGNI has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
MGNI has a Debt to Equity ratio (0.43) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 3.46 | ||
| Altman-Z | 0.68 |
ROIC/WACC0.74
WACC8.25%
2.3 Liquidity
A Current Ratio of 1.01 indicates that MGNI should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.01, MGNI is in line with its industry, outperforming 42.11% of the companies in the same industry.
MGNI has a Quick Ratio of 1.01. This is a normal value and indicates that MGNI is financially healthy and should not expect problems in meeting its short term obligations.
MGNI has a Quick ratio of 1.01. This is comparable to the rest of the industry: MGNI outperforms 43.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 32.31% over the past year.
MGNI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.04% yearly.
Looking at the last year, MGNI shows a small growth in Revenue. The Revenue has grown by 6.27% in the last year.
Measured over the past years, MGNI shows a very strong growth in Revenue. The Revenue has been growing by 33.70% on average per year.
EPS 1Y (TTM)32.31%
EPS 3Y9.04%
EPS 5YN/A
EPS Q2Q%17.65%
Revenue 1Y (TTM)6.27%
Revenue growth 3Y12.57%
Revenue growth 5Y33.7%
Sales Q2Q%11.61%
3.2 Future
MGNI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.62% yearly.
Based on estimates for the next years, MGNI will show a small growth in Revenue. The Revenue will grow by 4.43% on average per year.
EPS Next Y23.86%
EPS Next 2Y23.17%
EPS Next 3Y15.11%
EPS Next 5Y4.62%
Revenue Next Year9.43%
Revenue Next 2Y10.18%
Revenue Next 3Y10.32%
Revenue Next 5Y4.43%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.42, which indicates a rather expensive current valuation of MGNI.
Based on the Price/Earnings ratio, MGNI is valued a bit cheaper than 72.63% of the companies in the same industry.
MGNI is valuated rather cheaply when we compare the Price/Earnings ratio to 26.55, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 14.92 indicates a correct valuation of MGNI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MGNI indicates a somewhat cheap valuation: MGNI is cheaper than 66.32% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, MGNI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.42 | ||
| Fwd PE | 14.92 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MGNI is on the same level as its industry peers.
65.26% of the companies in the same industry are more expensive than MGNI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.16 | ||
| EV/EBITDA | 16.53 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MGNI's earnings are expected to grow with 15.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.77
PEG (5Y)N/A
EPS Next 2Y23.17%
EPS Next 3Y15.11%
5. Dividend
5.1 Amount
No dividends for MGNI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
15.84
-0.46 (-2.82%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners98.58%
Inst Owner Change-6.17%
Ins Owners1.3%
Ins Owner Change-25.33%
Market Cap2.28B
Revenue(TTM)702.57M
Net Income(TTM)57.97M
Analysts82.86
Price Target27.44 (73.23%)
Short Float %8.93%
Short Ratio4.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.25%
Min EPS beat(2)0.55%
Max EPS beat(2)17.94%
EPS beat(4)3
Avg EPS beat(4)22.02%
Min EPS beat(4)-8.02%
Max EPS beat(4)77.58%
EPS beat(8)6
Avg EPS beat(8)1422.66%
EPS beat(12)9
Avg EPS beat(12)980.65%
EPS beat(16)12
Avg EPS beat(16)735.93%
Revenue beat(2)2
Avg Revenue beat(2)0.55%
Min Revenue beat(2)0.16%
Max Revenue beat(2)0.94%
Revenue beat(4)3
Avg Revenue beat(4)-0.64%
Min Revenue beat(4)-4.12%
Max Revenue beat(4)0.94%
Revenue beat(8)5
Avg Revenue beat(8)0.05%
Revenue beat(12)8
Avg Revenue beat(12)1.14%
Revenue beat(16)12
Avg Revenue beat(16)3.64%
PT rev (1m)-2.83%
PT rev (3m)-3.29%
EPS NQ rev (1m)-0.35%
EPS NQ rev (3m)-6.91%
EPS NY rev (1m)-5.95%
EPS NY rev (3m)-7.1%
Revenue NQ rev (1m)-2.38%
Revenue NQ rev (3m)-2.96%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.42 | ||
| Fwd PE | 14.92 | ||
| P/S | 3.24 | ||
| P/FCF | 14.16 | ||
| P/OCF | 10.23 | ||
| P/B | 2.82 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.53 |
EPS(TTM)0.86
EY5.43%
EPS(NY)1.06
Fwd EY6.7%
FCF(TTM)1.12
FCFY7.06%
OCF(TTM)1.55
OCFY9.77%
SpS4.89
BVpS5.62
TBVpS-1.53
PEG (NY)0.77
PEG (5Y)N/A
Graham Number10.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 7.17% | ||
| ROCE | 7.11% | ||
| ROIC | 6.12% | ||
| ROICexc | 10.18% | ||
| ROICexgc | N/A | ||
| OM | 12.22% | ||
| PM (TTM) | 8.25% | ||
| GM | 62.3% | ||
| FCFM | 22.88% |
ROA(3y)-3.31%
ROA(5y)-3.12%
ROE(3y)-12.06%
ROE(5y)-10.03%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y442.58%
PM growth 5YN/A
GM growth 3Y2.46%
GM growth 5Y-0.65%
F-Score7
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 3.46 | ||
| Debt/EBITDA | 2.45 | ||
| Cap/Depr | 109.58% | ||
| Cap/Sales | 8.78% | ||
| Interest Coverage | 2.88 | ||
| Cash Conversion | 156.47% | ||
| Profit Quality | 277.26% | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 0.68 |
F-Score7
WACC8.25%
ROIC/WACC0.74
Cap/Depr(3y)38.84%
Cap/Depr(5y)36.21%
Cap/Sales(3y)6.92%
Cap/Sales(5y)7.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.31%
EPS 3Y9.04%
EPS 5YN/A
EPS Q2Q%17.65%
EPS Next Y23.86%
EPS Next 2Y23.17%
EPS Next 3Y15.11%
EPS Next 5Y4.62%
Revenue 1Y (TTM)6.27%
Revenue growth 3Y12.57%
Revenue growth 5Y33.7%
Sales Q2Q%11.61%
Revenue Next Year9.43%
Revenue Next 2Y10.18%
Revenue Next 3Y10.32%
Revenue Next 5Y4.43%
EBIT growth 1Y86.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year343.63%
EBIT Next 3Y77.56%
EBIT Next 5Y43.97%
FCF growth 1Y-7.41%
FCF growth 3Y24.5%
FCF growth 5Y73.12%
OCF growth 1Y3.88%
OCF growth 3Y22.93%
OCF growth 5Y49.02%
MAGNITE INC / MGNI FAQ
What is the ChartMill fundamental rating of MAGNITE INC (MGNI) stock?
ChartMill assigns a fundamental rating of 4 / 10 to MGNI.
What is the valuation status of MAGNITE INC (MGNI) stock?
ChartMill assigns a valuation rating of 5 / 10 to MAGNITE INC (MGNI). This can be considered as Fairly Valued.
How profitable is MAGNITE INC (MGNI) stock?
MAGNITE INC (MGNI) has a profitability rating of 5 / 10.
Can you provide the financial health for MGNI stock?
The financial health rating of MAGNITE INC (MGNI) is 4 / 10.