MAGELLAN AEROSPACE CORP (MAL.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MAL - CA5589122004 - Common Stock
16.15 CAD
-0.36 (-2.18%)
Overall MAL gets a fundamental rating of 6 out of 10. We evaluated MAL against 10 industry peers in the Aerospace & Defense industry. While MAL has a great health rating, there are worries on its profitability. MAL has a correct valuation and a medium 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.
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
Looking at the Return On Assets, with a value of 3.77%, MAL belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
The Return On Equity of MAL (5.44%) is better than 80.00% of its industry peers.
MAL's Return On Invested Capital of 4.17% is on the low side compared to the rest of the industry. MAL is outperformed by 70.00% 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
With a decent Profit Margin value of 4.44%, MAL is doing good in the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Profit Margin of MAL has declined.
With a Operating Margin value of 6.72%, MAL is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
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 90.00% of its industry peers.
MAL's Gross Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MAL 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.
The debt/assets ratio for MAL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.57 indicates that MAL is not in any danger for bankruptcy at the moment.
MAL has a Altman-Z score of 3.57. This is amongst the best in the industry. MAL outperforms 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's Debt to FCF ratio of 1.69 is amongst the best of the industry. MAL outperforms 90.00% 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 has a better Debt to Equity ratio (0.10) than 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.69 | ||
| Altman-Z | 3.57 |
ROIC/WACC0.5
WACC8.4%
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 100.00% 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 90.00% of its industry peers.
| 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.
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.
MAL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.50% yearly.
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 33.79% yearly.
MAL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.99% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 20.71, the valuation of MAL can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as MAL.
Compared to an average S&P500 Price/Earnings ratio of 26.11, MAL is valued a bit cheaper.
With a Price/Forward Earnings ratio of 13.33, MAL is valued correctly.
70.00% 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 (36.21), we can say MAL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.71 | ||
| Fwd PE | 13.33 |
4.2 Price Multiples
MAL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MAL is cheaper than 70.00% of the companies in the same industry.
MAL's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.69 | ||
| EV/EBITDA | 7.95 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MAL's earnings are expected to grow with 33.79% in the coming years.
PEG (NY)0.66
PEG (5Y)N/A
EPS Next 2Y39.82%
EPS Next 3Y33.79%
5. Dividend
5.1 Amount
MAL has a Yearly Dividend Yield of 1.20%. Purely for dividend investing, there may be better candidates out there.
MAL's Dividend Yield is a higher than the industry average which is at 7.28.
Compared to an average S&P500 Dividend Yield of 2.32, MAL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
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 2Y39.82%
EPS Next 3Y33.79%
TSX:MAL (12/1/2025, 7:00:00 PM)
16.15
-0.36 (-2.18%)
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 Cap921.84M
Revenue(TTM)1.01B
Net Income(TTM)44.74M
Analysts76.67
Price Target20.55 (27.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
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)-14.93%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.71 | ||
| Fwd PE | 13.33 | ||
| P/S | 0.92 | ||
| P/FCF | 16.69 | ||
| P/OCF | 9.37 | ||
| P/B | 1.12 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 7.95 |
EPS(TTM)0.78
EY4.83%
EPS(NY)1.21
Fwd EY7.5%
FCF(TTM)0.97
FCFY5.99%
OCF(TTM)1.72
OCFY10.67%
SpS17.64
BVpS14.41
TBVpS13.37
PEG (NY)0.66
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 | 3.57 |
F-Score9
WACC8.4%
ROIC/WACC0.5
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 Y31.14%
EPS Next 2Y39.82%
EPS Next 3Y33.79%
EPS Next 5YN/A
Revenue 1Y (TTM)8.84%
Revenue growth 3Y11.04%
Revenue growth 5Y-1.5%
Sales Q2Q%14.39%
Revenue Next Year10.59%
Revenue Next 2Y7.01%
Revenue Next 3Y5.99%
Revenue Next 5YN/A
EBIT growth 1Y60.29%
EBIT growth 3YN/A
EBIT growth 5Y-12.15%
EBIT Next Year171.4%
EBIT Next 3Y53.81%
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 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 19.15%.