MAGELLAN AEROSPACE CORP (MAL.CA) Stock Fundamental Analysis
TSX:MAL • CA5589122004
24.5 CAD
+0.9 (+3.81%)
Last: Feb 27, 2026, 07:00 PM
MAL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 13 industry peers in the Aerospace & Defense industry. While MAL has a great health rating, there are worries on its profitability. MAL is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- MAL had positive earnings in the past year.
- MAL had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: MAL reported negative net income in multiple years.
- Of the past 5 years MAL 4 years had a positive operating cash flow.
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.
- Looking at the Return On Equity, with a value of 5.44%, MAL is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
- With a Return On Invested Capital value of 4.17%, MAL is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
| Industry Rank | Sector 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
1.3 Margins
- MAL has a worse Profit Margin (4.44%) than 69.23% of its industry peers.
- MAL's Profit Margin has declined in the last couple of years.
- With a Operating Margin value of 6.72%, MAL is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
- MAL's Operating Margin has declined in the last couple of years.
- MAL's Gross Margin of 13.11% is on the low side compared to the rest of the industry. MAL is outperformed by 84.62% of its industry peers.
- In the last couple of years the Gross Margin of MAL has declined.
| Industry Rank | Sector 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%
2. Health
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.
- MAL has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for MAL has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 4.36 indicates that MAL is not in any danger for bankruptcy at the moment.
- The Altman-Z score of MAL (4.36) is better than 100.00% of its industry peers.
- 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.
- With an excellent Debt to FCF ratio value of 1.69, MAL belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
- MAL has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
- With an excellent Debt to Equity ratio value of 0.10, MAL belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.69 | ||
| Altman-Z | 4.36 |
ROIC/WACC0.49
WACC8.54%
2.3 Liquidity
- A Current Ratio of 2.66 indicates that MAL has no problem at all paying 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.
- MAL has a Quick ratio of 1.55. This is amongst the best in the industry. MAL outperforms 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.66 | ||
| Quick Ratio | 1.55 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 129.41% over the past year.
- Measured over the past years, MAL shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -11.62% on average per year.
- Looking at the last year, MAL shows a quite strong growth in Revenue. The Revenue has grown by 8.84% in the last year.
- The Revenue has been decreasing by -1.50% on average over the past years.
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.
- The Revenue is expected to grow by 8.56% on average over the next years. This is quite good.
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.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 31.41, MAL can be considered very expensive at the moment.
- MAL's Price/Earnings is on the same level as the industry average.
- When comparing the Price/Earnings ratio of MAL to the average of the S&P500 Index (27.07), we can say MAL is valued inline with the index average.
- Based on the Price/Forward Earnings ratio of 19.48, the valuation of MAL can be described as rather expensive.
- 61.54% of the companies in the same industry are more expensive than MAL, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of MAL to the average of the S&P500 Index (28.05), we can say MAL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.41 | ||
| Fwd PE | 19.48 |
4.2 Price Multiples
- MAL's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, MAL is valued a bit more expensive than 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.32 | ||
| EV/EBITDA | 12.11 |
4.3 Compensation for Growth
- MAL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- MAL's earnings are expected to grow with 38.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.06
PEG (5Y)N/A
EPS Next 2Y42.41%
EPS Next 3Y38.76%
5. Dividend
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.
- Compared to an average S&P500 Dividend Yield of 1.82, MAL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector 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.
- MAL has decreased its dividend recently.
Dividend Growth(5Y)-24.44%
Div Incr Years0
Div Non Decr Years1
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%
TSX:MAL (2/27/2026, 7:00:00 PM)
24.5
+0.9 (+3.81%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)11-13 2025-11-13/amc
Earnings (Next)03-18 2026-03-18
Inst Owners2.71%
Inst Owner ChangeN/A
Ins Owners79.39%
Ins Owner ChangeN/A
Market Cap1.40B
Revenue(TTM)1.01B
Net Income(TTM)44.74M
Analysts76.67
Price Target20.55 (-16.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.41 | ||
| Fwd PE | 19.48 | ||
| P/S | 1.39 | ||
| P/FCF | 25.32 | ||
| P/OCF | 14.21 | ||
| P/B | 1.7 | ||
| P/tB | 1.83 | ||
| EV/EBITDA | 12.11 |
EPS(TTM)0.78
EY3.18%
EPS(NY)1.26
Fwd EY5.13%
FCF(TTM)0.97
FCFY3.95%
OCF(TTM)1.72
OCFY7.04%
SpS17.64
BVpS14.41
TBVpS13.37
PEG (NY)1.06
PEG (5Y)N/A
Graham Number15.9
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 4.36 |
F-Score9
WACC8.54%
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 31.41 and the Price/Book (PB) ratio is 1.7.
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.