MAGELLAN AEROSPACE CORP (MAL.CA) Stock Fundamental Analysis
Canada - TSX:MAL - CA5589122004 - Common Stock
17.51 CAD
+0.21 (+1.21%)
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. While MAL has a great health rating, there are worries on its profitability. MAL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MAL had positive earnings in the past year.
In the past year MAL had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: MAL reported negative net income in multiple years.
MAL had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
MAL's Return On Assets of 3.26% is amongst the best of the industry. MAL outperforms 81.82% of its industry peers.
Looking at the Return On Equity, with a value of 4.71%, MAL belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
With a Return On Invested Capital value of 3.97%, MAL is not doing good in the industry: 63.64% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.26% | ||
| ROE | 4.71% | ||
| ROIC | 3.97% |
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's Profit Margin of 3.89% is on the low side compared to the rest of the industry. MAL is outperformed by 63.64% of its industry peers.
MAL's Profit Margin has declined in the last couple of years.
MAL's Operating Margin of 6.45% is on the low side compared to the rest of the industry. MAL is outperformed by 63.64% of its industry peers.
In the last couple of years the Operating Margin of MAL has declined.
The Gross Margin of MAL (12.77%) is worse than 81.82% of its industry peers.
MAL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.45% | ||
| PM (TTM) | 3.89% | ||
| GM | 12.77% |
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.
MAL has about the same amout of shares outstanding than it did 1 year ago.
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 3.80. This indicates that MAL is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.80, MAL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Debt to FCF ratio of MAL is 1.28, which is an excellent value as it means it would take MAL, only 1.28 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.28, MAL belongs to the best of the industry, outperforming 90.91% 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.
MAL's Debt to Equity ratio of 0.10 is amongst the best of the industry. MAL outperforms 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 3.8 |
ROIC/WACC0.47
WACC8.49%
2.3 Liquidity
MAL has a Current Ratio of 2.61. This indicates that MAL is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.61, MAL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
MAL has a Quick Ratio of 1.49. This is a normal value and indicates that MAL is financially healthy and should not expect problems in meeting its short term obligations.
MAL has a Quick ratio of 1.49. This is amongst the best in the industry. MAL outperforms 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.61 | ||
| Quick Ratio | 1.49 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 120.00% over the past year.
The earnings per share for MAL have been decreasing by -11.62% on average. This is quite bad
Looking at the last year, MAL shows a small growth in Revenue. The Revenue has grown by 6.58% in the last year.
MAL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.50% yearly.
EPS 1Y (TTM)120%
EPS 3YN/A
EPS 5Y-11.62%
EPS Q2Q%-30.77%
Revenue 1Y (TTM)6.58%
Revenue growth 3Y11.04%
Revenue growth 5Y-1.5%
Sales Q2Q%2.83%
3.2 Future
MAL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 33.79% yearly.
The Revenue is expected to grow by 5.99% on average over the next years.
EPS Next Y31.14%
EPS Next 2Y39.82%
EPS Next 3Y33.79%
EPS Next 5YN/A
Revenue Next Year10.59%
Revenue Next 2Y7.01%
Revenue Next 3Y5.99%
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
Based on the Price/Earnings ratio of 26.53, the valuation of MAL can be described as expensive.
Based on the Price/Earnings ratio, MAL is valued a bit cheaper than 63.64% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.56. MAL is around the same levels.
With a Price/Forward Earnings ratio of 14.45, MAL is valued correctly.
MAL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MAL is cheaper than 63.64% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.62, MAL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.53 | ||
| Fwd PE | 14.45 |
4.2 Price Multiples
72.73% of the companies in the same industry are more expensive than MAL, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MAL indicates a somewhat cheap valuation: MAL is cheaper than 63.64% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.89 | ||
| EV/EBITDA | 9.48 |
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 33.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.85
PEG (5Y)N/A
EPS Next 2Y39.82%
EPS Next 3Y33.79%
5. Dividend
5.1 Amount
MAL has a Yearly Dividend Yield of 1.16%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 7.11, MAL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, MAL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
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
5.3 Sustainability
18.83% of the earnings are spent on dividend by MAL. This is a low number and sustainable payout ratio.
DP18.83%
EPS Next 2Y39.82%
EPS Next 3Y33.79%
TSX:MAL (11/17/2025, 7:00:00 PM)
17.51
+0.21 (+1.21%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners2.65%
Inst Owner ChangeN/A
Ins Owners79.31%
Ins Owner ChangeN/A
Market Cap999.47M
Revenue(TTM)974.91M
Net Income(TTM)37.92M
Analysts76.67
Price Target19.02 (8.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
Yearly Dividend0.1
Dividend Growth(5Y)-24.44%
DP18.83%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-33.6%
Min EPS beat(2)-61.26%
Max EPS beat(2)-5.94%
EPS beat(4)1
Avg EPS beat(4)-3.53%
Min EPS beat(4)-61.26%
Max EPS beat(4)91.19%
EPS beat(8)1
Avg EPS beat(8)-23.97%
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)0.76%
Min Revenue beat(2)-6.78%
Max Revenue beat(2)8.31%
Revenue beat(4)2
Avg Revenue beat(4)-0.29%
Min Revenue beat(4)-8.37%
Max Revenue beat(4)8.31%
Revenue beat(8)3
Avg Revenue beat(8)-0.99%
Revenue beat(12)5
Avg Revenue beat(12)-0.38%
Revenue beat(16)5
Avg Revenue beat(16)-1.16%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.09%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.53 | ||
| Fwd PE | 14.45 | ||
| P/S | 1.03 | ||
| P/FCF | 13.89 | ||
| P/OCF | 8.91 | ||
| P/B | 1.24 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 9.48 |
EPS(TTM)0.66
EY3.77%
EPS(NY)1.21
Fwd EY6.92%
FCF(TTM)1.26
FCFY7.2%
OCF(TTM)1.97
OCFY11.23%
SpS17.08
BVpS14.12
TBVpS13.08
PEG (NY)0.85
PEG (5Y)N/A
Graham Number14.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.26% | ||
| ROE | 4.71% | ||
| ROCE | 6.92% | ||
| ROIC | 3.97% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 4.67% | ||
| OM | 6.45% | ||
| PM (TTM) | 3.89% | ||
| GM | 12.77% | ||
| FCFM | 7.38% |
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 Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.28 | ||
| Debt/EBITDA | 0.75 | ||
| Cap/Depr | 87.02% | ||
| Cap/Sales | 4.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 102.82% | ||
| Profit Quality | 189.74% | ||
| Current Ratio | 2.61 | ||
| Quick Ratio | 1.49 | ||
| Altman-Z | 3.8 |
F-Score9
WACC8.49%
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)120%
EPS 3YN/A
EPS 5Y-11.62%
EPS Q2Q%-30.77%
EPS Next Y31.14%
EPS Next 2Y39.82%
EPS Next 3Y33.79%
EPS Next 5YN/A
Revenue 1Y (TTM)6.58%
Revenue growth 3Y11.04%
Revenue growth 5Y-1.5%
Sales Q2Q%2.83%
Revenue Next Year10.59%
Revenue Next 2Y7.01%
Revenue Next 3Y5.99%
Revenue Next 5YN/A
EBIT growth 1Y72.79%
EBIT growth 3YN/A
EBIT growth 5Y-12.15%
EBIT Next Year171.4%
EBIT Next 3Y53.81%
EBIT Next 5YN/A
FCF growth 1Y1657.38%
FCF growth 3YN/A
FCF growth 5Y3.82%
OCF growth 1Y603.22%
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 3 / 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 31.14% 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 18.83%.