Magnite, Inc.

Magnite, Inc.

MGNIยทNASDAQ

$14.45

-6.0%
Communication ServicesAdvertising Agencies

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.

At a Glance

Live Snapshot
Market Cap$2.07B
EPS1.0100
P/E Ratio14.31
Earnings Date08/05/2026
Magnite, Inc.

Magnite, Inc. Fair Value Envelope

MGNI ยท NASDAQ

Our analysis suggests that MGNI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $14.45, this represents a potential HIDDEN relative to our calculated worth for Magnite, Inc..

Intrinsic Value
Current Price: $14.45

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$886.9M
+ Cash & Equivalents$553.4M
Firm Value$1.4B
- Debt$278.7M
Equity Value$1.2B
/ Shares Outstanding141,903,654B
DCF Value$8
OVERVALUED BY 43%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$193.3M
$158.2M
$129.4M
$105.9M
$86.7M
$71.0M
$58.1M
$47.5M
$38.9M
$31.8M
Maintenance CapEx
-$11.5M
-$9.4M
-$7.7M
-$6.3M
-$5.2M
-$4.2M
-$3.5M
-$2.8M
-$2.3M
-$1.9M
Owner Earnings
$181.7M
$148.7M
$121.7M
$99.6M
$81.5M
$66.7M
$54.6M
$44.7M
$36.6M
$29.9M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$168.3M
$127.5M
$96.6M
$73.2M
$55.5M
$42.0M
$31.9M
$24.1M
$18.3M
$13.9M
Terminal Value represents 26.6% of Enterprise Value