MAGELLAN AEROSPACE CORP (MAL.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MAL - CA5589122004 - Common Stock
19.45 CAD
-0.09 (-0.46%)
We assign a fundamental rating of 6 out of 10 to MAL. MAL was compared to 11 industry peers in the Aerospace & Defense industry. MAL has an excellent financial health rating, but there are some minor concerns 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.
MAL had a positive operating cash flow in the past year.
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 Return On Assets of 3.77%. This is amongst the best in the industry. MAL outperforms 90.91% of its industry peers.
The Return On Equity of MAL (5.44%) is better than 81.82% of its industry peers.
The Return On Invested Capital of MAL (4.17%) is worse than 63.64% 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 has a better Profit Margin (4.44%) than 81.82% 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 63.64% of its industry peers.
MAL's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 13.11%, MAL is not doing good in the industry: 81.82% of the companies in the same industry are doing better.
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
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.
MAL has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.89 indicates that MAL is not in any danger for bankruptcy at the moment.
MAL has a better Altman-Z score (3.89) 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 has a Debt to FCF ratio of 1.69. This is amongst the best in the industry. MAL outperforms 90.91% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that MAL is not too dependend on debt financing.
The Debt to Equity ratio of MAL (0.10) is better than 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.69 | ||
| Altman-Z | 3.89 |
ROIC/WACC0.47
WACC8.84%
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.
With an excellent Quick ratio value of 1.55, MAL belongs to the best of the industry, outperforming 90.91% 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.
Measured over the past years, MAL shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -11.62% on average per year.
Looking at the last year, MAL shows a quite strong growth in Revenue. The Revenue has grown by 8.84% in the last year.
The Revenue has been decreasing by -1.50% on average over the past years.
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 38.76% yearly.
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 24.94, the valuation of MAL can be described as rather expensive.
Based on the Price/Earnings ratio, MAL is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of MAL to the average of the S&P500 Index (27.00), we can say MAL is valued inline with the index average.
The Price/Forward Earnings ratio is 15.47, which indicates a correct valuation of MAL.
Based on the Price/Forward Earnings ratio, MAL is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
MAL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.94 | ||
| Fwd PE | 15.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MAL is valued a bit cheaper than 72.73% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MAL is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.1 | ||
| EV/EBITDA | 9.64 |
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 38.76% in the coming years.
PEG (NY)0.85
PEG (5Y)N/A
EPS Next 2Y42.41%
EPS Next 3Y38.76%
5. Dividend
5.1 Amount
MAL has a Yearly Dividend Yield of 1.08%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.47, MAL pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.08, MAL pays less dividend than the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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 (1/8/2026, 7:00:00 PM)
19.45
-0.09 (-0.46%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners2.71%
Inst Owner ChangeN/A
Ins Owners79.39%
Ins Owner ChangeN/A
Market Cap1.11B
Revenue(TTM)1.01B
Net Income(TTM)44.74M
Analysts76.67
Price Target20.55 (5.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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 | 24.94 | ||
| Fwd PE | 15.47 | ||
| P/S | 1.1 | ||
| P/FCF | 20.1 | ||
| P/OCF | 11.28 | ||
| P/B | 1.35 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | 9.64 |
EPS(TTM)0.78
EY4.01%
EPS(NY)1.26
Fwd EY6.47%
FCF(TTM)0.97
FCFY4.97%
OCF(TTM)1.72
OCFY8.86%
SpS17.64
BVpS14.41
TBVpS13.37
PEG (NY)0.85
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 | 3.89 |
F-Score9
WACC8.84%
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 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 5 / 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 4 / 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 24.94 and the Price/Book (PB) ratio is 1.35.
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.