WallStSmart

Integral Ad Science Holding LLC (IAS)vsMagnite Inc (MGNI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Magnite Inc generates 22% more annual revenue ($722.55M vs $590.67M). MGNI leads profitability with a 22.0% profit margin vs 0.1%. MGNI trades at a lower P/E of 13.7x. MGNI earns a higher WallStSmart Score of 70/100 (B-).

IAS

Hold

42

out of 100

Grade: D

Growth: 4.7Profit: 4.0Value: 4.3Quality: 5.0

MGNI

Strong Buy

70

out of 100

Grade: B-

Growth: 7.3Profit: 6.0Value: 9.3Quality: 5.5
Piotroski: 4/9Altman Z: 0.37
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

IASOvervalued (-8.2%)

Margin of Safety

-8.2%

Fair Value

$9.56

Current Price

$10.34

$0.78 premium

UndervaluedFair: $9.56Overvalued
MGNIUndervalued (+49.4%)

Margin of Safety

+49.4%

Fair Value

$23.30

Current Price

$14.68

$8.62 discount

UndervaluedFair: $23.30Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

IAS1 strengths · Avg: 8.0/10
Price/BookValuation
1.6x8/10

Reasonable price relative to book value

MGNI6 strengths · Avg: 9.2/10
PEG RatioValuation
0.0910/10

Growing faster than its price suggests

EPS GrowthGrowth
230.0%10/10

Earnings expanding 230.0% YoY

Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Profit MarginProfitability
22.0%9/10

Keeps 22 of every $100 in revenue as profit

P/E RatioValuation
13.7x8/10

Attractively priced relative to earnings

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Areas to Watch

IAS4 concerns · Avg: 3.5/10
P/E RatioValuation
36.9x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
0.2%4/10

0.2% revenue growth

Market CapQuality
$1.74B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

MGNI3 concerns · Avg: 2.3/10
Operating MarginProfitability
4.7%3/10

Operating margin of 4.7%

Free Cash FlowQuality
$-130.17M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.372/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : IAS

The strongest argument for IAS centers on Price/Book.

Bull Case : MGNI

The strongest argument for MGNI centers on PEG Ratio, EPS Growth, Debt/Equity. Profitability is solid with margins at 22.0% and operating margin at 4.7%. PEG of 0.09 suggests the stock is reasonably priced for its growth.

Bear Case : IAS

The primary concerns for IAS are P/E Ratio, Revenue Growth, Market Cap. Thin 0.1% margins leave little buffer for downturns.

Bear Case : MGNI

The primary concerns for MGNI are Operating Margin, Free Cash Flow, Altman Z-Score.

Key Dynamics to Monitor

IAS profiles as a value stock while MGNI is a mature play — different risk/reward profiles.

MGNI carries more volatility with a beta of 2.32 — expect wider price swings.

MGNI is growing revenue faster at 5.5% — sustainability is the question.

IAS generates stronger free cash flow (49M), providing more financial flexibility.

Bottom Line

MGNI scores higher overall (70/100 vs 42/100), backed by strong 22.0% margins. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Integral Ad Science Holding LLC

COMMUNICATION SERVICES · ADVERTISING AGENCIES · USA

Integral Ad Science Holding LLC is a digital advertising verification company in the United States, United Kingdom, Germany, Italy, Spain, Sweden, Singapore, Australia, France, Japan, Canada, Hong Kong, and Brazil. The company is headquartered in New York, New York.

Magnite Inc

COMMUNICATION SERVICES · ADVERTISING AGENCIES · USA

Magnite, Inc. operates an independent sales advertising platform in the United States and internationally. The company is headquartered in Los Angeles, California.

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