Magnite, Inc. (MGNI) is a publicly traded company in the Communication Services — Advertising Agencies industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace. This sophisticated system furnishes publishers—entities controlling digital content such as connected TV channels, mobile applications, and websites—with the necessary applications and utilities to oversee and monetize their ad inventory.
Is Magnite, Inc. stock overvalued or undervalued in 2026?
Magnite, Inc. (MGNI) trades at 19.5× earnings (P/E), below the median of the 80 communication companies over $2bn in Kaplio's universe. At its sector median (20.0×) $22 (+2 %).
Kaplio overview: Magnite, Inc.
Market cap $3B · 52 weeks $11 – $26 (16 % below the high) · P/E 19.5× · 2027 expected P/E 15.6× · Dividend none · Next earnings November 4, 2026 · expected EPS $0.29 · Closing price, Oct 30 · accounts published Aug 5.
- Valuation: P/E 19.5× (fairly priced).
- Business: EBITDA margin 20.1 % (passes, near the threshold).
- Balance sheet: Net debt/EBITDA 0.5× (solid).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
At its sector median (20.0×) $22 (+2 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in communication: 5 of 6 pass
- 3y revenue growth 4.9 %, fails.
- EBITDA margin 20.1 %, passes, near the threshold.
- FCF yield 5.4 %, passes, near the threshold.
- Capex / Revenue 9.9 %, passes.
- Net debt / EBITDA 0.5×, passes.
- EV/EBITDA vs own 5y 19.4×, passes.
- Payout on FCF n/a: it pays no dividend, info.
Against its peers (reference peers) — Magnite, Inc.: P/E 19.5×; EV/EBITDA 19.4×; ROIC 8.6 %; $3.1B. Liftoff Mobile, Inc. Common Stock (P/E 50.0×; EV/EBITDA 9.4×; ROIC 10.2 %; $2.5B), Pattern Group Inc. Series A Common Stock (P/E —; EV/EBITDA 68.5×; ROIC 5.8 %; $2.6B), Stagwell Inc. (P/E 281×; EV/EBITDA 11.6×; ROIC 1.2 %; $2.6B).
Profitability
| Return on Equity | 18.62% |
| Return on Invested Capital | 8.56% |
| Return on Assets | 5.50% |
| Gross Margin | 64.78% |
| Operating Margin | 15.65% |
| Net Margin | 22.49% |
Financial Health
| Debt / Equity | 0.45 |
| Current Ratio | 1.03 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 0.73 |
Price Performance
| 1 month | -15.53% |
| 3 months | +11.35% |
| Year-to-date | +32.41% |
| 1 year | +20.19% |
| 3 years | +223.64% |
| 5 years | -22.56% |
| 10 years | +190.41% |
Related companies: LFTO · OMC · 0KBK.L · WPP · TTD · 0LF5.L · WPP.L
Explore sector: Communication Services · Advertising Agencies
More sections of MGNI: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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