MediaAlpha Inc - Class A risk profile

45 Elevated one input has moved against it

Measured 21 October 2026 from MAX's filed statements. Recomputed nightly.

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

What is measured

MechanismReadingBandDirectionDriver
Market expectation53ElevatedVolatileOne-year price volatility — 53.4%
Operating pressure34NormalWorseningCosts outgrowing revenue — +2.4 percentage points
Cash conversion18ContainedStableFree-cash-flow margin — 5.9%
Leverage and coverage93AcuteWorseningNet debt to EBITDA
Competitive position46ElevatedStableOperating-margin gap against peers — -6.5 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