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MediaAlpha, Inc. (MAX)

NYSE Small Cap

Industrials › Services-Business Services, NEC

$9.67
Market Cap: $544M
Data as of Sep 30, 2025 (TTM)

Price History

Feb 9, 2026 — Apr 4, 2026

Investment Snapshot

  • Trading 2,960% above Graham Number — above intrinsic value estimate
  • Piotroski F-Score 4/9 — moderate financial health
  • ROE of 88.9% — good return on equity
  • Revenue growing at 29% annually

MediaAlpha, Inc. (MAX) is a Industrials company operating in Services-Business Services, NEC, listed on the NYSE , with a market capitalisation of $544 million . Key value metrics: P/E ratio 147.0, P/B ratio 134.39, Piotroski F-Score 4 out of 9 (moderate financial health) .

Value Score

Key Metrics

P/E Ratio
147.04
134.39
EPS
$0.07
Div. Yield
PEG Ratio
P/S Ratio
EV/EBITDA
ROE
ROA
Gross Margin
Op. Margin
Net Margin
Debt/Equity
Current Ratio

Current vs 5-Year Average

Based on 5 years of SEC filings
Net Margin
↑ +2.1pp avg —
Gross Margin
↑ +2.1pp avg —
Operating Margin
↑ +2.1pp avg —
Return on Equity
↑ +2.1pp avg —
Debt / Equity
↑ +2.1pp avg —

Revenue & Net Income

EPS & Free Cash Flow Per Share

Financial Statements

Metric FY22 FY23 FY24
Revenue $X.XB $X.XB $X.XB
Gross Profit $X.XB $X.XB $X.XB
Operating Income $X.XB $X.XB $X.XB
Net Income $X.XB $X.XB $X.XB
EBITDA $X.XB $X.XB $X.XB
Total Assets $X.XB $X.XB $X.XB
Total Liabilities $X.XB $X.XB $X.XB
Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Industrials stocks →

MediaAlpha, Inc. — Fundamental Analysis Summary

MediaAlpha, Inc. (MAX) is currently trading 2,960% above its Graham Number of $0.32, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries an elevated trailing P/E ratio of 147.0x.

On financial health, MAX shows a moderate Piotroski F-Score of 4/9, and strong return on equity of 88.9% (sector average: 5.5%), and high leverage with a debt-to-equity ratio of 36.88.

StockPik's composite Value Score for MAX is 38/100 — reflecting current market or financial concerns. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

MAX reports a thin gross margin of 15.0% (sector average: 24.7%) and a modest operating margin of 1.4%.

MAX shows revenue growing at 29% year-over-year, with earnings growing at 54%.

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How is the Value Score calculated?
Read our full methodology →
How is the Graham Number calculated?
Benjamin Graham's intrinsic value formula, worked examples, and how to use it →
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