MAGELLAN AEROSPACE CORP (MAL.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MAL - CA5589122004 - Common Stock
18.29 CAD
-0.07 (-0.38%)
Taking everything into account, MAL scores 6 out of 10 in our fundamental rating. MAL was compared to 11 industry peers in the Aerospace & Defense industry. MAL has an excellent financial health rating, but there are some minor concerns on its profitability. MAL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MAL was profitable.
MAL had a positive operating cash flow in the past year.
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.
1.2 Ratios
With an excellent Return On Assets value of 3.77%, MAL belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
The Return On Equity of MAL (5.44%) is better than 81.82% of its industry peers.
The Return On Invested Capital of MAL (4.17%) is worse than 63.64% of its industry peers.
| 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 Profit Margin of 4.44%. This is amongst the best in the industry. MAL outperforms 81.82% of its industry peers.
In the last couple of years the Profit Margin of MAL has declined.
The Operating Margin of MAL (6.72%) is worse than 63.64% of its industry peers.
In the last couple of years the Operating Margin of MAL has declined.
MAL has a worse Gross Margin (13.11%) than 81.82% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MAL 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.
2.2 Solvency
MAL has an Altman-Z score of 3.78. This indicates that MAL is financially healthy and has little risk of bankruptcy at the moment.
MAL's Altman-Z score of 3.78 is amongst the best of the industry. MAL outperforms 100.00% of its industry peers.
MAL has a debt to FCF ratio of 1.69. This is a very positive value and a sign of high solvency as it would only need 1.69 years to pay back of all of its debts.
MAL has a better Debt to FCF ratio (1.69) than 90.91% 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 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.69 | ||
| Altman-Z | 3.78 |
ROIC/WACC0.48
WACC8.69%
2.3 Liquidity
A Current Ratio of 2.66 indicates that MAL has no problem at all paying its short term obligations.
MAL has a better Current ratio (2.66) than 100.00% of its industry peers.
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 90.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.66 | ||
| Quick Ratio | 1.55 |
3. Growth
3.1 Past
MAL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 129.41%, which is quite impressive.
MAL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -11.62% yearly.
MAL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.84%.
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.
Based on estimates for the next years, MAL will show a quite strong growth in Revenue. The Revenue will grow by 9.07% on average per year.
EPS Next Y29.51%
EPS Next 2Y42.41%
EPS Next 3Y38.76%
EPS Next 5YN/A
Revenue Next Year10.91%
Revenue Next 2Y9.02%
Revenue Next 3Y9.07%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 23.45, which indicates a rather expensive current valuation of MAL.
Based on the Price/Earnings ratio, MAL is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of MAL to the average of the S&P500 Index (26.38), we can say MAL is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 14.55, the valuation of MAL can be described as correct.
Based on the Price/Forward Earnings ratio, MAL is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.83, MAL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.45 | ||
| Fwd PE | 14.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MAL is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, MAL is valued a bit cheaper than 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.9 | ||
| EV/EBITDA | 9.05 |
4.3 Compensation for Growth
MAL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap 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)0.79
PEG (5Y)N/A
EPS Next 2Y42.41%
EPS Next 3Y38.76%
5. Dividend
5.1 Amount
MAL has a Yearly Dividend Yield of 1.09%.
MAL's Dividend Yield is a higher than the industry average which is at 2.60.
Compared to an average S&P500 Dividend Yield of 1.87, MAL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
5.2 History
The dividend of MAL decreases each year by -24.44%.
MAL has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of MAL decreased 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 (12/19/2025, 7:00:00 PM)
18.29
-0.07 (-0.38%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners2.74%
Inst Owner ChangeN/A
Ins Owners79.39%
Ins Owner ChangeN/A
Market Cap1.04B
Revenue(TTM)1.01B
Net Income(TTM)44.74M
Analysts76.67
Price Target20.55 (12.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
Yearly Dividend0.1
Dividend Growth(5Y)-24.44%
DP19.15%
Div Incr Years0
Div Non Decr Years1
Ex-Date
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)8.04%
PT rev (3m)8.04%
EPS NQ rev (1m)-10.94%
EPS NQ rev (3m)-10.94%
EPS NY rev (1m)-1.24%
EPS NY rev (3m)-11.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.45 | ||
| Fwd PE | 14.55 | ||
| P/S | 1.04 | ||
| P/FCF | 18.9 | ||
| P/OCF | 10.61 | ||
| P/B | 1.27 | ||
| P/tB | 1.37 | ||
| EV/EBITDA | 9.05 |
EPS(TTM)0.78
EY4.26%
EPS(NY)1.26
Fwd EY6.88%
FCF(TTM)0.97
FCFY5.29%
OCF(TTM)1.72
OCFY9.42%
SpS17.64
BVpS14.41
TBVpS13.37
PEG (NY)0.79
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 | 3.78 |
F-Score9
WACC8.69%
ROIC/WACC0.48
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 Year10.91%
Revenue Next 2Y9.02%
Revenue Next 3Y9.07%
Revenue Next 5YN/A
EBIT growth 1Y60.29%
EBIT growth 3YN/A
EBIT growth 5Y-12.15%
EBIT Next Year170.2%
EBIT Next 3Y58.2%
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 6 / 10 to MAL.CA.
Can you provide the valuation status for MAGELLAN AEROSPACE CORP?
ChartMill assigns a valuation rating of 6 / 10 to MAGELLAN AEROSPACE CORP (MAL.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for MAGELLAN AEROSPACE CORP?
MAGELLAN AEROSPACE CORP (MAL.CA) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for MAL stock?
The Earnings per Share (EPS) of MAGELLAN AEROSPACE CORP (MAL.CA) is expected to grow by 29.51% in the next year.
Can you provide the dividend sustainability for MAL stock?
The dividend rating of MAGELLAN AEROSPACE CORP (MAL.CA) is 4 / 10 and the dividend payout ratio is 19.15%.