Magnite (FRA:15R) Cyclically Adjusted FCF per Share: €0.29 (As of Mar. 2026)

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FRA:15R Magnite Inc FRA:15R
79 GF Score
Price €16.87
GF Value €12.06
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Magnite Cyclically Adjusted FCF per Share?

Magnite FRA:15R -4.23% 79 Cyclically Adjusted FCF per Share is €0.29 as of Mar. 2026. GuruFocus rates FRA:15R with a GF Score™ of 79/100 and a GF Value™ of €12.06 (Significantly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Magnite's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.782. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Magnite's average Cyclically Adjusted FCF Growth Rate was -12.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 32.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Magnite was 32.30% per year. The lowest was 32.30% per year. And the median was 32.30% per year.

As of today (2026-07-19), Magnite's current stock price is €16.87. Magnite's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.29. Magnite's Cyclically Adjusted Price-to-FCF of today is 58.17.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Magnite was 84.44. The lowest was 23.28. And the median was 42.03.


Magnite  (FRA:15R) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Magnite's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.87/0.29
=58.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Magnite was 84.44. The lowest was 23.28. And the median was 42.03.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Magnite Cyclically Adjusted FCF per Share Related Terms


Magnite Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Magnite's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Magnite Cyclically Adjusted FCF per Share Chart

Magnite Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.18 0.26 0.46 0.37

Magnite Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.29 0.40 0.37 0.29

FRA:15R vs ZD, STGW, DV: Cyclically Adjusted FCF per Share Comparison

For the Advertising Agencies subindustry, Magnite's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Magnite Cyclically Adjusted Price-to-FCF vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Magnite's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Magnite's Cyclically Adjusted Price-to-FCF falls into.


FRA:15R
79GF Score
Magnite Inc FRA:15R
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magnite Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Magnite's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.782/330.2130*330.2130
=-0.782

Current CPI (Mar. 2026) = 330.2130.

Magnite Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.334 241.018 0.458
201609 0.103 241.428 0.141
201612 -0.063 241.432 -0.086
201703 -0.048 243.801 -0.065
201706 0.112 244.955 0.151
201709 -0.258 246.819 -0.345
201712 -0.127 246.524 -0.170
201803 -0.205 249.554 -0.271
201806 -0.249 251.989 -0.326
201809 -0.127 252.439 -0.166
201812 -0.139 251.233 -0.183
201903 -0.098 254.202 -0.127
201906 0.082 256.143 0.106
201909 -0.016 256.759 -0.021
201912 0.234 256.974 0.301
202003 -0.162 258.115 -0.207
202006 -0.162 257.797 -0.208
202009 -0.042 260.280 -0.053
202012 0.008 260.474 0.010
202103 -0.033 264.877 -0.041
202106 0.092 271.696 0.112
202109 0.156 274.310 0.188
202112 0.319 278.802 0.378
202203 0.076 287.504 0.087
202206 0.264 296.311 0.294
202209 0.203 296.808 0.226
202212 0.519 296.797 0.577
202303 -0.266 301.836 -0.291
202306 0.427 305.109 0.462
202309 0.513 307.789 0.550
202312 0.511 306.746 0.550
202403 -0.460 312.332 -0.486
202406 0.504 314.175 0.530
202409 0.444 315.301 0.465
202412 0.623 315.605 0.652
202503 -0.095 319.799 -0.098
202506 0.014 322.561 0.014
202509 0.359 324.800 0.365
202512 0.519 324.054 0.529
202603 -0.782 330.213 -0.782

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €0.29 mean?
Magnite (FRA:15R) has a Cyclically Adjusted FCF per Share of €0.29 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Magnite and its competitors.
Is Magnite's Cyclically Adjusted FCF per Share too high?
Magnite's current Cyclically Adjusted FCF per Share is €0.29. Overall, Magnite has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magnite's Cyclically Adjusted FCF per Share compare to ZD and STGW?
Magnite's Cyclically Adjusted FCF per Share of €0.29 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Media - Diversified company?
A good Cyclically Adjusted FCF per Share depends on the Media - Diversified industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Magnite and its competitors. Magnite's current Cyclically Adjusted FCF per Share is €0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnite stock overvalued right now?
Based on GuruFocus' analysis, Magnite (FRA:15R) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.06, compared to a current price of €16.87 — trading 39.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.29. Magnite's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Magnite (FRA:15R), the current Cyclically Adjusted FCF per Share is €0.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Magnite (FRA:15R) Overvalued in 2026?

Based on GuruFocus' analysis, Magnite stock appears to be overvalued. The current stock price of €16.87 is trading 39.9% above its estimated GF Value™ of €12.06. GuruFocus considers Magnite to be Significantly Overvalued.

Key valuation signals for FRA:15R:

  • Cyclically Adjusted FCF per Share: €0.29
  • GF Value™: €12.06 vs. price of €16.87 (39.9% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the FRA:15R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magnite Business Description

Address 1250 Broadway, 9th Floor, New York, NY, USA, 10001
Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.
79GF Score

Get the complete analysis for FRA:15R

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.87
Price
€12.06
GF Value