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

TSX:MAL • CA5589122004

24 CAD
-0.6 (-2.44%)
Last: Mar 12, 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

Taking everything into account, MAL scores 5 out of 10 in our fundamental rating. MAL was compared to 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. While showing a medium growth rate, MAL is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

2

1. MAL.CA Profitability Analysis

1.1 Basic Checks

  • MAL had positive earnings in the past year.
  • 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.
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

  • MAL has a Return On Assets (3.77%) which is comparable to the rest of the industry.
  • With a decent Return On Equity value of 5.44%, MAL is doing good in the industry, outperforming 69.23% of the companies in the same industry.
  • The Return On Invested Capital of MAL (4.17%) is worse 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

  • The Profit Margin of MAL (4.44%) is worse than 69.23% of its industry peers.
  • MAL's Profit Margin has declined in the last couple of years.
  • The Operating Margin of MAL (6.72%) is worse than 69.23% of its industry peers.
  • MAL's Operating Margin has declined in the last couple of years.
  • MAL has a Gross Margin of 13.11%. This is amonst the worse of the industry: MAL underperforms 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.
  • MAL has about the same amout of shares outstanding than it did 1 year ago.
  • MAL has less shares outstanding than it did 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

  • An Altman-Z score of 4.37 indicates that MAL is not in any danger for bankruptcy at the moment.
  • MAL has a better Altman-Z score (4.37) 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.
  • MAL has a Debt to FCF ratio of 1.69. This is amongst the best in the industry. MAL outperforms 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.
  • MAL's Debt to Equity ratio of 0.10 is amongst the best of the industry. MAL outperforms 92.31% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 1.69
Altman-Z 4.37
ROIC/WACC0.47
WACC8.86%
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.
  • MAL's Current ratio of 2.66 is amongst the best of the industry. MAL outperforms 92.31% of its industry peers.
  • A Quick Ratio of 1.55 indicates that MAL should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.55, MAL belongs to the top 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
  • MAL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.84%.
  • 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

  • The Earnings Per Share is expected to grow by 37.33% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 8.56% on average over the next years. This is quite good.
EPS Next Y28.69%
EPS Next 2Y40.69%
EPS Next 3Y37.33%
EPS Next 5YN/A
Revenue Next Year10.7%
Revenue Next 2Y8.53%
Revenue Next 3Y8.56%
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.
  • 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 30.77.
  • 61.54% of the companies in the same industry are cheaper than MAL, based on the Price/Earnings ratio.
  • MAL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.71.
  • A Price/Forward Earnings ratio of 19.56 indicates a rather expensive valuation of MAL.
  • Based on the Price/Forward Earnings ratio, MAL is valued a bit cheaper than 61.54% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 23.82. MAL is around the same levels.
Industry RankSector Rank
PE 30.77
Fwd PE 19.56
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

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as MAL.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MAL indicates a slightly more expensive valuation: MAL is more expensive than 69.23% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 24.81
EV/EBITDA 12.16
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

  • The 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 37.33% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.07
PEG (5Y)N/A
EPS Next 2Y40.69%
EPS Next 3Y37.33%

More info and screens

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

3

5. MAL.CA Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.81%, MAL is not a good candidate for dividend investing.
  • MAL's Dividend Yield is a higher than the industry average which is at 2.27.
  • Compared to an average S&P500 Dividend Yield of 1.82, MAL's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.81%

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.
  • MAL has decreased its dividend 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

  • MAL pays out 19.15% of its income as dividend. This is a sustainable payout ratio.
DP19.15%
EPS Next 2Y40.69%
EPS Next 3Y37.33%
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

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MAL.CA Fundamentals: All Metrics, Ratios and Statistics

MAGELLAN AEROSPACE CORP

TSX:MAL (3/12/2026, 7:00:00 PM)

24

-0.6 (-2.44%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)11-13
Earnings (Next)03-18
Inst Owners2.66%
Inst Owner ChangeN/A
Ins Owners79.39%
Ins Owner ChangeN/A
Market Cap1.37B
Revenue(TTM)1.01B
Net Income(TTM)44.74M
Analysts76.67
Price Target20.55 (-14.37%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.81%
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)-0.63%
EPS NY rev (3m)-0.63%
Revenue NQ rev (1m)-0.48%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)-0.19%
Valuation
Industry RankSector Rank
PE 30.77
Fwd PE 19.56
P/S 1.36
P/FCF 24.81
P/OCF 13.92
P/B 1.67
P/tB 1.79
EV/EBITDA 12.16
EPS(TTM)0.78
EY3.25%
EPS(NY)1.23
Fwd EY5.11%
FCF(TTM)0.97
FCFY4.03%
OCF(TTM)1.72
OCFY7.18%
SpS17.64
BVpS14.41
TBVpS13.37
PEG (NY)1.07
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 4.37
F-Score9
WACC8.86%
ROIC/WACC0.47
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 Y28.69%
EPS Next 2Y40.69%
EPS Next 3Y37.33%
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 2 / 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 30.77 and the Price/Book (PB) ratio is 1.67.


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 28.69% in the next year.