Magnite (FRA:15R) ROCE %: 3.26% (As of Mar. 2026)


FRA:15R Magnite Inc FRA:15R
75 GF Score
Price €14.80
GF Value €13.02
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Magnite ROCE %?

Magnite FRA:15R -7.70% 75 ROCE % is 3.26% as of Mar. 2026. GuruFocus rates FRA:15R with a GF Score™ of 75/100 and a GF Value™ of €13.02 (Modestly Overvalued). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Magnite's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.26%.

Magnite  (FRA:15R) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Magnite ROCE % Related Terms

Magnite ROCE % Historical Data

* Premium members only.

The historical data trend for Magnite's ROCE % 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 ROCE % Chart

Magnite Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.26 -6.72 -8.57 4.13 6.30

Magnite Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 -0.65 6.70 9.65 13.57 3.26
FRA:15R
75GF Score
Magnite Inc FRA:15R
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnite ROCE % Calculation

Magnite's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=76.476/( ( (2726.303 - 1428.665) + (2702.376 - 1572.843) )/ 2 )
=76.476/( (1297.638+1129.533)/ 2 )
=76.476/1213.5855
=6.30 %

Magnite's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=37.156/( ( (2702.376 - 1572.843) + (2548.729 - 1402.085) )/ 2 )
=37.156/( ( 1129.533 + 1146.644 )/ 2 )
=37.156/1138.0885
=3.26 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 3.26% mean?
Magnite (FRA:15R) has a ROCE % of 3.26% as of Mar. 2026.
Is Magnite's ROCE % too high?
Magnite's current ROCE % is 3.26%. The Media - Diversified industry median ROCE % is 3.10. Magnite's value of 3.26% is 5.2% above this industry median. Overall, Magnite has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magnite's ROCE % compare to STGW and ZD?
Magnite's ROCE % of 3.26% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.10. Magnite's value of 3.26% is 5.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.10, based on 988 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Magnite's current ROCE % of 3.26% is 5.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Media - Diversified industry, the median ROCE % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnite's current ROCE % is 3.26%. 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 Modestly Overvalued. The stock's GF Value™ is €13.02, compared to a current price of €14.80 — trading 13.7% above its estimated fair value. The current ROCE % is 3.26% and 5.2% above the Media - Diversified industry median of 3.10. Magnite's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Magnite (FRA:15R), the current ROCE % is 3.26% 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 €14.80 is trading 13.7% above its estimated GF Value™ of €13.02. GuruFocus considers Magnite to be Modestly Overvalued.

Key valuation signals for FRA:15R:

  • ROCE %: 3.26%
  • GF Value™: €13.02 vs. price of €14.80 (13.7% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 5.2% above the Media - Diversified median

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.
75GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.80
Price
€13.02
GF Value