MAGELLAN AEROSPACE CORP (MAL.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MAL - CA5589122004 - Common Stock
23.17 CAD
+0.53 (+2.34%)
Overall MAL gets a fundamental rating of 6 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. 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 has a better Return On Assets (3.77%) than 76.92% of its industry peers.
- MAL's Return On Equity of 5.44% is fine compared to the rest of the industry. MAL outperforms 69.23% of its industry peers.
- MAL has a worse Return On Invested Capital (4.17%) than 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
- MAL's Profit Margin of 4.44% is fine compared to the rest of the industry. MAL outperforms 69.23% of its industry peers.
- In the last couple of years the Profit Margin of MAL has declined.
- MAL's Operating Margin of 6.72% is on the low side compared to the rest of the industry. MAL is outperformed by 69.23% of its industry peers.
- In the last couple of years the Operating Margin of MAL has declined.
- With a Gross Margin value of 13.11%, MAL is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
- 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
- MAL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for MAL remains at a similar level compared to 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
- MAL has an Altman-Z score of 4.18. This indicates that MAL is financially healthy and has little risk of bankruptcy at the moment.
- MAL has a Altman-Z score of 4.18. 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 92.31% of its industry peers.
- A Debt/Equity ratio of 0.10 indicates that MAL is not too dependend on debt financing.
- MAL has a better Debt to Equity ratio (0.10) than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.69 | ||
| Altman-Z | 4.18 |
ROIC/WACC0.48
WACC8.72%
2.3 Liquidity
- A Current Ratio of 2.66 indicates that MAL has no problem at all paying 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.
- MAL has a Quick Ratio of 1.55. This is a normal value and indicates that MAL is financially healthy and should not expect problems in meeting its short term obligations.
- MAL's Quick ratio of 1.55 is amongst the best of the industry. MAL outperforms 92.31% 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
- 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
- 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 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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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 29.71, the valuation of MAL can be described as expensive.
- Based on the Price/Earnings ratio, MAL is valued a bit cheaper than 61.54% of the companies in the same industry.
- MAL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.32.
- The Price/Forward Earnings ratio is 18.43, which indicates a rather expensive current valuation of MAL.
- MAL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MAL is cheaper than 61.54% of the companies in the same industry.
- MAL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.71 | ||
| Fwd PE | 18.43 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MAL is valued a bit cheaper than 61.54% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MAL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.95 | ||
| EV/EBITDA | 11.18 |
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)1.01
PEG (5Y)N/A
EPS Next 2Y42.41%
EPS Next 3Y38.76%
5. Dividend
5.1 Amount
- MAL has a yearly dividend return of 0.89%, which is pretty low.
- Compared to an average industry Dividend Yield of 2.22, MAL pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.86, MAL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
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
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 (1/21/2026, 7:00:00 PM)
23.17
+0.53 (+2.34%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)11-13 2025-11-13/amc
Earnings (Next)03-11 2026-03-11
Inst Owners2.71%
Inst Owner ChangeN/A
Ins Owners79.39%
Ins Owner ChangeN/A
Market Cap1.32B
Revenue(TTM)1.01B
Net Income(TTM)44.74M
Analysts76.67
Price Target20.55 (-11.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
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)8.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.94%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.71 | ||
| Fwd PE | 18.43 | ||
| P/S | 1.31 | ||
| P/FCF | 23.95 | ||
| P/OCF | 13.44 | ||
| P/B | 1.61 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 11.18 |
EPS(TTM)0.78
EY3.37%
EPS(NY)1.26
Fwd EY5.43%
FCF(TTM)0.97
FCFY4.18%
OCF(TTM)1.72
OCFY7.44%
SpS17.64
BVpS14.41
TBVpS13.37
PEG (NY)1.01
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 | 4.18 |
F-Score9
WACC8.72%
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.
What is the valuation status for MAL stock?
ChartMill assigns a valuation rating of 4 / 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.
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 29.71 and the Price/Book (PB) ratio is 1.61.
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.