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
Overall MAL gets a fundamental rating of 5 out of 10. We evaluated MAL against 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.
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
- MAL's Return On Assets of 3.77% is in line compared to the rest of the industry. MAL outperforms 46.15% of its industry peers.
- The Return On Equity of MAL (5.44%) is better than 69.23% of its industry peers.
- MAL has a Return On Invested Capital of 4.17%. This is in the lower half of the industry: MAL underperforms 69.23% 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
- Looking at the Profit Margin, with a value of 4.44%, MAL is doing worse than 69.23% of the companies in the same industry.
- 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.
- In the last couple of years the Operating Margin of MAL has declined.
- 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MAL 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.
- MAL has a better debt/assets ratio than last year.
2.2 Solvency
- MAL has an Altman-Z score of 4.36. This indicates that MAL is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of MAL (4.36) is better than 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's Debt to FCF ratio of 1.69 is amongst the best of the industry. MAL outperforms 92.31% of its industry peers.
- A Debt/Equity ratio of 0.10 indicates that MAL is not too dependend on debt financing.
- 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 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.
- With an excellent Current ratio value of 2.66, MAL belongs to the best 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.
- 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 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.
- 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%.
- 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
- Based on estimates for the next years, MAL will show a very strong growth in Earnings Per Share. The EPS will grow by 38.76% on average per year.
- Based on estimates for the next years, MAL will show a quite strong growth in Revenue. The Revenue will grow by 8.56% on average per year.
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
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 31.41, the valuation of MAL can be described as expensive.
- The rest of the industry has a similar Price/Earnings ratio as MAL.
- 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.
- A Price/Forward Earnings ratio of 19.48 indicates a rather expensive valuation of MAL.
- Based on the Price/Forward Earnings ratio, MAL is valued a bit cheaper than the industry average as 61.54% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 28.05. MAL is valued slightly cheaper when compared to this.
| 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.
- A more expensive valuation may be justified as MAL's earnings are expected to grow with 38.76% in the coming years.
PEG (NY)1.06
PEG (5Y)N/A
EPS Next 2Y42.41%
EPS Next 3Y38.76%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.85%, MAL is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.28, MAL pays a bit more dividend than its industry peers.
- With a Dividend Yield of 0.85, MAL pays less dividend than the S&P500 average, which is at 1.82.
| 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
- MAL pays out 19.15% of its income as dividend. This is a 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.