MNTN Inc.

MNTN Inc.

MNTN·NYSE

$9.68

-7.1%
Communication ServicesAdvertising Agencies

MNTN, Inc., a performance TV software company, provides performance advertising services in the United States. The company offers Performance TV software platform, enables marketers to target audiences through MNTN Matched technology and then directly attribute each view to a purchase or other action. Its platform provides segmentation tools, intelligent campaign planning, advance audience targeting, prospecting, creative ad builder, and data analytics reporting. MNTN, Inc. was formerly known as Steel House, Inc. and changed its name to MNTN, Inc. in June 2021. The company was incorporated in 2009 and is headquartered in Austin, Texas.

At a Glance

Live Snapshot
Market Cap$715.59M
EPS-0.0870
P/E Ratio-111.26
Earnings Date06/03/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -111.3).

Valuation inputs: P/E -111.3, earnings yield N/A, momentum -7.1%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -2.1%, ROIC +3.1%).

Profitability stack: net margin -2.2%, ROE -2.1%, ROIC +3.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +19.2%, momentum -7.1%, net margin -2.2%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

mntn

MNTN Inc. Market vs Earnings Trajectory

MNTN · NYSE

Loading price and EPS data...

MNTN Inc.

MNTN Inc. Fair Value Envelope

MNTN · NYSE

Our analysis suggests that MNTN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $9.68, this represents a potential HIDDEN relative to our calculated worth for MNTN Inc..

Intrinsic Value
Current Price: $9.68
3Y-93.0%
5Y-913.0%
10Y-913.0%
3Y+116.0%
5Y+457.0%
10Y+457.0%
3Y-93.0%
5Y-274.0%
10Y-274.0%
3Y-199.0%
5Y+818.0%
10Y+818.0%
3Y-193.0%
5Y+818.0%
10Y+818.0%
3Y+86.0%
5Y-
10Y-
MNTN Inc.

MNTN Inc. Profit Bridge

MNTN · NYSE
Revenue290.09M
Cost of Goods Sold (68.78M)
Gross Profit221.31M
Operating Expenses (197.27M)
Operating Income24.04M
Interest Expense (3.48M)
Other Income/Expense-40.04M
Pretax Income-16.00M
Income Tax (-9.57M)
Net Income-6.43M
Net Income
-6.43M

Profitability Analysis

Gross Margin

76.3%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

8.3%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

-2.2%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

76.29%
Gross Profit Margin
7%
3Y+41.0%
5Y+23.0%
10Y+23.0%
8.29%
Operating Profit Margin
-1236%
3Y-112.0%
5Y-17.0%
10Y-17.0%
-2.22%
Net Profit Margin
-85%
3Y-97.0%
5Y-131.0%
10Y-131.0%
-2.10%
Return on Equity
-107%
3Y-102.0%
5Y-
10Y-
-1.70%
Return on Assets
-88%
3Y-96.0%
5Y-
10Y-
3.12%
Return on Invested Capital
-353%
3Y-105.0%
5Y-
10Y-
MNTN

MNTN Inc. Cash Conversion Engine

MNTN · NYSE
Net Income-6.43M
Depreciation & Amortization9.87M
Stock-Based Compensation31.69M
Change in Working Capital-15.62M
Others46.47M
Capital Expenditures0.00
Free Cash Flow56.47M

Cash Flow Quality Analysis

FCF Conversion Rate

-878.8%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

FCF Growth Trend

+73.2%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$15.62M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

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MNTN Inc. Funding & Solvency Profile

MNTN · NYSE
Cash & Cash Equivalents213.90M
Net Receivables56.32M
Inventory0.00
Other Current Assets13.23M
Total Current Assets283 M
Property, Plant & Equipment0.00
Goodwill & Intangible Assets63.97M
Long-Term Investments0.00
Other Non-Current Assets19.39M
Total Non-Current Assets19 M
Total Assets
375.12M

Financial Health Analysis

Current Ratio

5.44x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.18x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

231 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

76% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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MNTN Inc. Street Expectations Map

MNTN · NYSE

Wall Street analysts project that MNTN stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 20.64, with estimates ranging from a low of 15.00 to a high of 27.00.

Lowest Target
15.00
54.96%
Consensus Target
20.64
113.22%
Highest Target
27.00
178.93%

The consensus 1-year price target stands at 20.64, with estimates ranging from a low of 15.00 to a high of 27.00.

Analyst Consensus Analysis

Upside Potential

+113.2%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

58.1% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

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MNTN Inc. Insider Positioning

MNTN · NYSE

During the last 12 months, insiders have sold $6.01M worth of MNTN shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

447.5K

6.01M

Net Activity

-6.0M

-$6.01M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
PH

Partovi Hadi

Director

447.5K shares3 transactions

$6.01M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $6.01M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

No Dividend Yield Data

MNTN has not reported any dividend yield values in the available annual periods.

 

mntn Dividend History

MNTN
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%