MAGELLAN AEROSPACE CORP (MAL.CA) Fundamental Analysis & Valuation

TSX:MAL • CA5589122004

25.32 CAD
+0.56 (+2.26%)
Last: Mar 4, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This MAL.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

MAL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 13 industry peers in the Aerospace & Defense industry. No worries on liquidiy or solvency for MAL as it has an excellent financial health rating, but there are worries on the profitability. MAL is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

2

1. MAL.CA Profitability Analysis

1.1 Basic Checks

  • MAL had positive earnings in the past year.
  • In the past year MAL had a positive cash flow from operations.
  • In multiple years MAL reported negative net income over the last 5 years.
  • MAL had a positive operating cash flow in 4 of the past 5 years.
MAL.CA Yearly Net Income VS EBIT VS OCF VS FCFMAL.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M

1.2 Ratios

  • With a Return On Assets value of 3.77%, MAL perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
  • MAL has a Return On Equity of 5.44%. This is in the better half of the industry: MAL outperforms 69.23% of its industry peers.
  • MAL has a worse Return On Invested Capital (4.17%) than 69.23% of its industry peers.
Industry RankSector Rank
ROA 3.77%
ROE 5.44%
ROIC 4.17%
ROA(3y)0.62%
ROA(5y)0.41%
ROE(3y)0.91%
ROE(5y)0.6%
ROIC(3y)N/A
ROIC(5y)N/A
MAL.CA Yearly ROA, ROE, ROICMAL.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

1.3 Margins

  • MAL's Profit Margin of 4.44% is on the low side compared to the rest of the industry. MAL is outperformed by 69.23% of its industry peers.
  • MAL's Profit Margin has declined in the last couple of years.
  • Looking at the Operating Margin, with a value of 6.72%, MAL is doing worse than 69.23% of the companies in the same industry.
  • MAL's Operating Margin has declined in the last couple of years.
  • The Gross Margin of MAL (13.11%) is worse than 84.62% of its industry peers.
  • In the last couple of years the Gross Margin of MAL has declined.
Industry RankSector Rank
OM 6.72%
PM (TTM) 4.44%
GM 13.11%
OM growth 3YN/A
OM growth 5Y-10.81%
PM growth 3YN/A
PM growth 5Y-10.7%
GM growth 3Y24.13%
GM growth 5Y-5.82%
MAL.CA Yearly Profit, Operating, Gross MarginsMAL.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

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ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. MAL.CA Health Analysis

2.1 Basic Checks

  • MAL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, MAL has about the same amount of shares outstanding.
  • The number of shares outstanding for MAL has been reduced compared to 5 years ago.
  • Compared to 1 year ago, MAL has an improved debt to assets ratio.
MAL.CA Yearly Shares OutstandingMAL.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
MAL.CA Yearly Total Debt VS Total AssetsMAL.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • MAL has an Altman-Z score of 4.43. This indicates that MAL is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.43, MAL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • The Debt to FCF ratio of MAL is 1.69, which is an excellent value as it means it would take MAL, only 1.69 years of fcf income to pay off all of its debts.
  • MAL has a better Debt to FCF ratio (1.69) than 92.31% of its industry peers.
  • MAL has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of MAL (0.10) is better than 92.31% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 1.69
Altman-Z 4.43
ROIC/WACC0.49
WACC8.59%
MAL.CA Yearly LT Debt VS Equity VS FCFMAL.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

  • MAL has a Current Ratio of 2.66. This indicates that MAL is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.66, MAL belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
  • A Quick Ratio of 1.55 indicates that MAL should not have too much problems paying its short term obligations.
  • With an excellent Quick ratio value of 1.55, MAL belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.66
Quick Ratio 1.55
MAL.CA Yearly Current Assets VS Current LiabilitesMAL.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. MAL.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 129.41% over the past year.
  • The earnings per share for MAL have been decreasing by -11.62% on average. This is quite bad
  • The Revenue has grown by 8.84% in the past year. This is quite good.
  • Measured over the past years, MAL shows a decrease in Revenue. The Revenue has been decreasing by -1.50% on average per year.
EPS 1Y (TTM)129.41%
EPS 3YN/A
EPS 5Y-11.62%
EPS Q2Q%120%
Revenue 1Y (TTM)8.84%
Revenue growth 3Y11.04%
Revenue growth 5Y-1.5%
Sales Q2Q%14.39%

3.2 Future

  • MAL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.76% yearly.
  • MAL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.56% yearly.
EPS Next Y29.51%
EPS Next 2Y42.41%
EPS Next 3Y38.76%
EPS Next 5YN/A
Revenue Next Year10.7%
Revenue Next 2Y8.53%
Revenue Next 3Y8.56%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
MAL.CA Yearly Revenue VS EstimatesMAL.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
MAL.CA Yearly EPS VS EstimatesMAL.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 1 1.5

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Find the best growth stocksShow best growing peers

3

4. MAL.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • MAL is valuated quite expensively with a Price/Earnings ratio of 32.46.
  • Compared to the rest of the industry, the Price/Earnings ratio of MAL is on the same level as its industry peers.
  • MAL is valuated rather expensively when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 20.14 indicates a rather expensive valuation of MAL.
  • MAL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MAL is cheaper than 61.54% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 25.11. MAL is around the same levels.
Industry RankSector Rank
PE 32.46
Fwd PE 20.14
MAL.CA Price Earnings VS Forward Price EarningsMAL.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MAL is on the same level as its industry peers.
  • 61.54% of the companies in the same industry are cheaper than MAL, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 26.17
EV/EBITDA 12.52
MAL.CA Per share dataMAL.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • MAL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as MAL's earnings are expected to grow with 38.76% in the coming years.
PEG (NY)1.1
PEG (5Y)N/A
EPS Next 2Y42.41%
EPS Next 3Y38.76%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. MAL.CA Dividend Analysis

5.1 Amount

  • MAL has a yearly dividend return of 0.85%, which is pretty low.
  • Compared to an average industry Dividend Yield of 2.28, MAL pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.85, MAL pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.85%

5.2 History

  • The dividend of MAL decreases each year by -24.44%.
  • MAL has been paying a dividend for at least 10 years, so it has a reliable track record.
  • The dividend of MAL decreased recently.
Dividend Growth(5Y)-24.44%
Div Incr Years0
Div Non Decr Years1
MAL.CA Yearly Dividends per shareMAL.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4

5.3 Sustainability

  • 19.15% of the earnings are spent on dividend by MAL. This is a low number and sustainable payout ratio.
DP19.15%
EPS Next 2Y42.41%
EPS Next 3Y38.76%
MAL.CA Yearly Income VS Free CF VS DividendMAL.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M
MAL.CA Dividend Payout.MAL.CA Dividend Payout, showing the Payout Ratio.MAL.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

MAL.CA Fundamentals: All Metrics, Ratios and Statistics

MAGELLAN AEROSPACE CORP

TSX:MAL (3/4/2026, 7:00:00 PM)

25.32

+0.56 (+2.26%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)11-13
Earnings (Next)03-18
Inst Owners2.71%
Inst Owner ChangeN/A
Ins Owners79.39%
Ins Owner ChangeN/A
Market Cap1.45B
Revenue(TTM)1.01B
Net Income(TTM)44.74M
Analysts76.67
Price Target20.55 (-18.84%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.85%
Yearly Dividend0.1
Dividend Growth(5Y)-24.44%
DP19.15%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-26.17%
Min EPS beat(2)-61.26%
Max EPS beat(2)8.91%
EPS beat(4)2
Avg EPS beat(4)8.23%
Min EPS beat(4)-61.26%
Max EPS beat(4)91.19%
EPS beat(8)2
Avg EPS beat(8)-18.6%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-3.22%
Min Revenue beat(2)-6.78%
Max Revenue beat(2)0.33%
Revenue beat(4)3
Avg Revenue beat(4)1.89%
Min Revenue beat(4)-6.78%
Max Revenue beat(4)8.31%
Revenue beat(8)3
Avg Revenue beat(8)-0.97%
Revenue beat(12)5
Avg Revenue beat(12)-0.38%
Revenue beat(16)6
Avg Revenue beat(16)-0.62%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.24%
Revenue NQ rev (1m)-0.48%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)0.1%
Valuation
Industry RankSector Rank
PE 32.46
Fwd PE 20.14
P/S 1.44
P/FCF 26.17
P/OCF 14.69
P/B 1.76
P/tB 1.89
EV/EBITDA 12.52
EPS(TTM)0.78
EY3.08%
EPS(NY)1.26
Fwd EY4.97%
FCF(TTM)0.97
FCFY3.82%
OCF(TTM)1.72
OCFY6.81%
SpS17.64
BVpS14.41
TBVpS13.37
PEG (NY)1.1
PEG (5Y)N/A
Graham Number15.9
Profitability
Industry RankSector Rank
ROA 3.77%
ROE 5.44%
ROCE 7.28%
ROIC 4.17%
ROICexc 4.51%
ROICexgc 4.83%
OM 6.72%
PM (TTM) 4.44%
GM 13.11%
FCFM 5.48%
ROA(3y)0.62%
ROA(5y)0.41%
ROE(3y)0.91%
ROE(5y)0.6%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-12.16%
ROICexc growth 3YN/A
ROICexc growth 5Y-11.38%
OM growth 3YN/A
OM growth 5Y-10.81%
PM growth 3YN/A
PM growth 5Y-10.7%
GM growth 3Y24.13%
GM growth 5Y-5.82%
F-Score9
Asset Turnover0.85
Health
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 1.69
Debt/EBITDA 0.72
Cap/Depr 91.85%
Cap/Sales 4.29%
Interest Coverage 250
Cash Conversion 85.8%
Profit Quality 123.42%
Current Ratio 2.66
Quick Ratio 1.55
Altman-Z 4.43
F-Score9
WACC8.59%
ROIC/WACC0.49
Cap/Depr(3y)57.13%
Cap/Depr(5y)49.71%
Cap/Sales(3y)3.03%
Cap/Sales(5y)2.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)129.41%
EPS 3YN/A
EPS 5Y-11.62%
EPS Q2Q%120%
EPS Next Y29.51%
EPS Next 2Y42.41%
EPS Next 3Y38.76%
EPS Next 5YN/A
Revenue 1Y (TTM)8.84%
Revenue growth 3Y11.04%
Revenue growth 5Y-1.5%
Sales Q2Q%14.39%
Revenue Next Year10.7%
Revenue Next 2Y8.53%
Revenue Next 3Y8.56%
Revenue Next 5YN/A
EBIT growth 1Y60.29%
EBIT growth 3YN/A
EBIT growth 5Y-12.15%
EBIT Next Year169.48%
EBIT Next 3Y56.97%
EBIT Next 5YN/A
FCF growth 1Y255.46%
FCF growth 3YN/A
FCF growth 5Y3.82%
OCF growth 1Y669.29%
OCF growth 3Y99.39%
OCF growth 5Y-0.96%

MAGELLAN AEROSPACE CORP / MAL.CA FAQ

What is the fundamental rating for MAL stock?

ChartMill assigns a fundamental rating of 5 / 10 to MAL.CA.


What is the valuation status for MAL stock?

ChartMill assigns a valuation rating of 3 / 10 to MAGELLAN AEROSPACE CORP (MAL.CA). This can be considered as Overvalued.


Can you provide the profitability details for MAGELLAN AEROSPACE CORP?

MAGELLAN AEROSPACE CORP (MAL.CA) has a profitability rating of 2 / 10.


What are the PE and PB ratios of MAGELLAN AEROSPACE CORP (MAL.CA) stock?

The Price/Earnings (PE) ratio for MAGELLAN AEROSPACE CORP (MAL.CA) is 32.46 and the Price/Book (PB) ratio is 1.76.


What is the expected EPS growth for MAGELLAN AEROSPACE CORP (MAL.CA) stock?

The Earnings per Share (EPS) of MAGELLAN AEROSPACE CORP (MAL.CA) is expected to grow by 29.51% in the next year.