Magnite Stock Fundamentals
| MGNI Stock | USD 8.64 0.06 0.70% |
Magnite fundamentals help investors to digest information that contributes to Magnite's financial success or failures. It also enables traders to predict the movement of Magnite Stock. The fundamental analysis module provides a way to measure Magnite's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Magnite stock.
As of now, Magnite's Other Operating Expenses is increasing as compared to previous years. The Magnite's current EBITDA is estimated to increase to about 97.9 M, while Selling General Administrative is projected to decrease to under 57 M. Magnite | Select Account or Indicator |
Magnite Company Return On Asset Analysis
Magnite's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Magnite Return On Asset | -0.0342 |
Most of Magnite's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Magnite is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Magnite Total Assets
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Based on the latest financial disclosure, Magnite has a Return On Asset of -0.0342. This is 100.83% lower than that of the Internet & Direct Marketing Retail sector and significantly lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 75.57% lower than that of the firm.
Magnite Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magnite's current stock value. Our valuation model uses many indicators to compare Magnite value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magnite competition to find correlations between indicators driving Magnite's intrinsic value. More Info.Magnite is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . As of now, Magnite's Return On Equity is increasing as compared to previous years.Comparative valuation analysis is a catch-all model that can be used if you cannot value Magnite by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magnite's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magnite's earnings, one of the primary drivers of an investment's value.Magnite Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magnite's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Magnite could also be used in its relative valuation, which is a method of valuing Magnite by comparing valuation metrics of similar companies.Magnite is currently under evaluation in return on asset category among related companies.
Magnite Fundamentals
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.0342 | ||||
| Profit Margin | (0.26) % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 1.48 B | ||||
| Shares Outstanding | 139.93 M | ||||
| Shares Owned By Insiders | 11.33 % | ||||
| Shares Owned By Institutions | 75.48 % | ||||
| Number Of Shares Shorted | 6.04 M | ||||
| Price To Earning | 228.22 X | ||||
| Price To Book | 1.83 X | ||||
| Price To Sales | 2.07 X | ||||
| Revenue | 619.71 M | ||||
| Gross Profit | 269.9 M | ||||
| EBITDA | 93.28 M | ||||
| Net Income | (159.18 M) | ||||
| Cash And Equivalents | 233.13 M | ||||
| Cash Per Share | 1.75 X | ||||
| Total Debt | 606.65 M | ||||
| Debt To Equity | 0.98 % | ||||
| Current Ratio | 1.14 X | ||||
| Book Value Per Share | 5.06 X | ||||
| Cash Flow From Operations | 214.37 M | ||||
| Short Ratio | 4.40 X | ||||
| Earnings Per Share | (1.17) X | ||||
| Price To Earnings To Growth | (0.33) X | ||||
| Target Price | 15.28 | ||||
| Number Of Employees | 911 | ||||
| Beta | 2.25 | ||||
| Market Capitalization | 1.2 B | ||||
| Total Asset | 2.69 B | ||||
| Retained Earnings | (683.96 M) | ||||
| Working Capital | 120.87 M | ||||
| Net Asset | 2.69 B |
About Magnite Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magnite's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magnite using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magnite based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 1.15 | 1.09 | |
| Total Revenue | 619.7 M | 650.7 M | |
| Cost Of Revenue | 438.8 M | 460.7 M | |
| Stock Based Compensation To Revenue | 0.12 | 0.09 | |
| Sales General And Administrative To Revenue | 0.14 | 0.29 | |
| Research And Ddevelopement To Revenue | 0.15 | 0.24 | |
| Capex To Revenue | (0.06) | (0.06) | |
| Revenue Per Share | 4.54 | 2.85 | |
| Ebit Per Revenue | (0.24) | (0.25) |
Magnite Investors Sentiment
The influence of Magnite's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Magnite. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Magnite's public news can be used to forecast risks associated with an investment in Magnite. The trend in average sentiment can be used to explain how an investor holding Magnite can time the market purely based on public headlines and social activities around Magnite. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Magnite's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Magnite's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Magnite's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Magnite.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magnite in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magnite's short interest history, or implied volatility extrapolated from Magnite options trading.
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Complementary Tools for Magnite Stock analysis
When running Magnite's price analysis, check to measure Magnite's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnite is operating at the current time. Most of Magnite's value examination focuses on studying past and present price action to predict the probability of Magnite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnite's price. Additionally, you may evaluate how the addition of Magnite to your portfolios can decrease your overall portfolio volatility.
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Is Magnite's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnite. If investors know Magnite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share (1.17) | Revenue Per Share 4.536 | Quarterly Revenue Growth 0.066 | Return On Assets (0.03) |
The market value of Magnite is measured differently than its book value, which is the value of Magnite that is recorded on the company's balance sheet. Investors also form their own opinion of Magnite's value that differs from its market value or its book value, called intrinsic value, which is Magnite's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnite's market value can be influenced by many factors that don't directly affect Magnite's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.