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Magnite LSE:0A99 Stock Report

Last Price

US$15.82

Market Cap

US$2.2b

7D

2.1%

1Y

65.8%

Updated

21 Jan, 2025

Data

Company Financials +

Magnite, Inc.

LSE:0A99 Stock Report

Market Cap: US$2.2b

0A99 Stock Overview

Operates an independent omni-channel sell-side advertising platform in the United States and internationally. More details

0A99 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance3/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 42.1% below our estimate of its fair value

Earnings are forecast to grow 52.92% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 22.1%

Risk Analysis

Volatile share price over the past 3 months compared to the UK market


My Notes

Capture your thoughts, links and company narrative

Magnite, Inc. Competitors

4imprint Group

LSE:FOUR

UK£1.6b

Nexxen International

AIM:NEXN

UK£525.8m

WPP

LSE:WPP

UK£8.0b

Next 15 Group

AIM:NFG

UK£358.0m

Price History & Performance

Summary of share price highs, lows and changes for Magnite
Historical stock prices
Current Share PriceUS$15.82
52 Week HighUS$18.15
52 Week LowUS$8.38
Beta2.51
1 Month Change-2.31%
3 Month Change29.47%
1 Year Change65.78%
3 Year Change28.26%
5 Year Changen/a
Change since IPO-41.08%

Recent News & Updates

Recent updates

Shareholder Returns

0A99GB MediaGB Market
7D2.1%4.7%3.5%
1Y65.8%3.7%10.5%

Return vs Industry: 0A99 exceeded the UK Media industry which returned 3.7% over the past year.

Return vs Market: 0A99 exceeded the UK Market which returned 10.5% over the past year.

Price Volatility

Is 0A99's price volatile compared to industry and market?
0A99 volatility
0A99 Average Weekly Movement8.0%
Media Industry Average Movement5.6%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.9%
10% least volatile stocks in GB Market2.6%

Stable Share Price: 0A99's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: 0A99's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
2007911Michael Barrettwww.magnite.com

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel 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 applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers. It markets its solutions through sales teams that operate from various locations.

Magnite, Inc. Fundamentals Summary

How do Magnite's earnings and revenue compare to its market cap?
0A99 fundamental statistics
Market capUS$2.17b
Earnings (TTM)US$17.29m
Revenue (TTM)US$661.13m

125.6x

P/E Ratio

3.3x

P/S Ratio

Is 0A99 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0A99 income statement (TTM)
RevenueUS$661.13m
Cost of RevenueUS$261.08m
Gross ProfitUS$400.06m
Other ExpensesUS$382.76m
EarningsUS$17.29m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin60.51%
Net Profit Margin2.62%
Debt/Equity Ratio76.3%

How did 0A99 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 21:41
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Magnite, Inc. is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel KurnosBenchmark Company
Alexandra RossBerenberg
Murali SankarBoenning & Scattergood, Inc.