MediaAlpha Inc - Class A risk profile

44 Elevated one input has moved against it

Measured 1 September 2026 from MAX's filed statements. Recomputed nightly.

44 (Elevated), driven by Leverage and coverage at 93, over 5 weighted categories on the SOFTWARE profile.

What is measured

MechanismReadingBandDirectionDriver
Market expectation44ElevatedVolatileOne-year price volatility — 52.2%
Operating pressure28NormalWorseningCosts outgrowing revenue — +2.4 percentage points
Cash conversion13ContainedStableFree-cash-flow margin — 5.9%
Leverage and coverage93AcuteWorseningNet debt to EBITDA
Competitive position48ElevatedStableOperating-margin gap against peers — -5.7 percentage points
ConcentrationReads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company.

These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.

Communication Services companies with a risk reading

Financials, valuation and price history for MediaAlpha Inc - Class A