MAGELLAN AEROSPACE CORP (MAL.CA) Fundamental Analysis & Valuation
TSX:MAL • CA5589122004
Current stock price
24.99 CAD
+0.07 (+0.28%)
Last:
This MAL.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. MAL.CA Profitability Analysis
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.
- Of the past 5 years MAL 4 years had a positive operating cash flow.
1.2 Ratios
- MAL has a Return On Assets (3.38%) which is in line with its industry peers.
- Looking at the Return On Equity, with a value of 4.80%, MAL is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 5.09%, MAL is doing worse than 69.23% of the companies in the same industry.
- MAL had an Average Return On Invested Capital over the past 3 years of 3.94%. This is below the industry average of 8.83%.
- The 3 year average ROIC (3.94%) for MAL is below the current ROIC(5.09%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | 4.8% | ||
| ROIC | 5.09% |
ROA(3y)2.46%
ROA(5y)1.03%
ROE(3y)3.5%
ROE(5y)1.48%
ROIC(3y)3.94%
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of MAL (3.78%) is worse than 69.23% of its industry peers.
- MAL's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 6.30%, MAL is doing worse than 69.23% of the companies in the same industry.
- In the last couple of years the Operating Margin of MAL has remained more or less at the same level.
- Looking at the Gross Margin, with a value of 13.86%, MAL is doing worse than 92.31% of the companies in the same industry.
- In the last couple of years the Gross Margin of MAL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.3% | ||
| PM (TTM) | 3.78% | ||
| GM | 13.86% |
OM growth 3YN/A
OM growth 5Y1%
PM growth 3YN/A
PM growth 5Y53.48%
GM growth 3Y54.65%
GM growth 5Y1.35%
2. MAL.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MAL 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.
- The debt/assets ratio for MAL is higher compared to a year ago.
2.2 Solvency
- MAL has an Altman-Z score of 4.61. This indicates that MAL is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 4.61, MAL belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
- MAL has a debt to FCF ratio of 3.21. This is a good value and a sign of high solvency as MAL would need 3.21 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 3.21, MAL belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
- MAL has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
- With an excellent Debt to Equity ratio value of 0.09, MAL belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 3.21 | ||
| Altman-Z | 4.61 |
ROIC/WACC0.58
WACC8.76%
2.3 Liquidity
- A Current Ratio of 2.75 indicates that MAL has no problem at all paying its short term obligations.
- MAL has a better Current ratio (2.75) than 84.62% of its industry peers.
- MAL has a Quick Ratio of 1.58. 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 better Quick ratio (1.58) than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.58 |
3. MAL.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 11.29% over the past year.
- Measured over the past years, MAL shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.51% on average per year.
- MAL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.86%.
- Measured over the past years, MAL shows a small growth in Revenue. The Revenue has been growing by 7.01% on average per year.
EPS 1Y (TTM)11.29%
EPS 3YN/A
EPS 5Y22.51%
EPS Q2Q%-32.14%
Revenue 1Y (TTM)10.86%
Revenue growth 3Y10.97%
Revenue growth 5Y7.01%
Sales Q2Q%15.63%
3.2 Future
- MAL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.34% yearly.
- Based on estimates for the next years, MAL will show a small growth in Revenue. The Revenue will grow by 6.88% on average per year.
EPS Next Y103.46%
EPS Next 2Y53.99%
EPS Next 3Y37.6%
EPS Next 5Y24.34%
Revenue Next Year9.66%
Revenue Next 2Y8.09%
Revenue Next 3Y6.85%
Revenue Next 5Y6.88%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same 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 stable.
4. MAL.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 36.22, the valuation of MAL can be described as expensive.
- MAL's Price/Earnings ratio is a bit more expensive when compared to the industry. MAL is more expensive than 69.23% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.35, MAL is valued a bit more expensive.
- With a Price/Forward Earnings ratio of 17.80, MAL is valued on the expensive side.
- 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.
- Compared to an average S&P500 Price/Forward Earnings ratio of 22.23, MAL is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.22 | ||
| Fwd PE | 17.8 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MAL indicates a somewhat cheap valuation: MAL is cheaper than 61.54% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MAL indicates a slightly more expensive valuation: MAL is more expensive than 69.23% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.66 | ||
| EV/EBITDA | 12.56 |
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.
- A more expensive valuation may be justified as MAL's earnings are expected to grow with 37.60% in the coming years.
PEG (NY)0.35
PEG (5Y)1.61
EPS Next 2Y53.99%
EPS Next 3Y37.6%
5. MAL.CA Dividend Analysis
5.1 Amount
- MAL has a yearly dividend return of 0.77%, which is pretty low.
- Compared to an average industry Dividend Yield of 2.19, MAL pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, MAL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
5.2 History
- The dividend of MAL decreases each year by -16.11%.
- MAL has paid a dividend for at least 10 years, which is a reliable track record.
- The dividend of MAL decreased in the last 3 years.
Dividend Growth(5Y)-16.11%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
- 25.34% of the earnings are spent on dividend by MAL. This is a low number and sustainable payout ratio.
DP25.34%
EPS Next 2Y53.99%
EPS Next 3Y37.6%
MAL.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MAL (4/27/2026, 7:00:00 PM)
24.99
+0.07 (+0.28%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)03-27 2026-03-27/amc
Earnings (Next)04-30 2026-04-30
Inst Owners2.66%
Inst Owner ChangeN/A
Ins Owners79.39%
Ins Owner ChangeN/A
Market Cap1.43B
Revenue(TTM)1.04B
Net Income(TTM)39.44M
Analysts83.33
Price Target28.73 (14.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
Yearly Dividend0.18
Dividend Growth(5Y)-16.11%
DP25.34%
Div Incr Years1
Div Non Decr Years2
Ex-Date03-17 2026-03-17 (0.05)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-12.54%
Min EPS beat(2)-33.99%
Max EPS beat(2)8.91%
EPS beat(4)1
Avg EPS beat(4)-23.07%
Min EPS beat(4)-61.26%
Max EPS beat(4)8.91%
EPS beat(8)2
Avg EPS beat(8)-10.35%
EPS beat(12)3
Avg EPS beat(12)-9.18%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)1.33%
Min Revenue beat(2)0.33%
Max Revenue beat(2)2.33%
Revenue beat(4)3
Avg Revenue beat(4)1.05%
Min Revenue beat(4)-6.78%
Max Revenue beat(4)8.31%
Revenue beat(8)4
Avg Revenue beat(8)-0.57%
Revenue beat(12)6
Avg Revenue beat(12)0.24%
Revenue beat(16)7
Avg Revenue beat(16)-0.26%
PT rev (1m)39.79%
PT rev (3m)39.79%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)14.4%
EPS NY rev (3m)11.65%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.05%
Revenue NY rev (3m)2.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.22 | ||
| Fwd PE | 17.8 | ||
| P/S | 1.37 | ||
| P/FCF | 51.66 | ||
| P/OCF | 18.15 | ||
| P/B | 1.73 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 12.56 |
EPS(TTM)0.69
EY2.76%
EPS(NY)1.4
Fwd EY5.62%
FCF(TTM)0.48
FCFY1.94%
OCF(TTM)1.38
OCFY5.51%
SpS18.3
BVpS14.41
TBVpS13.37
PEG (NY)0.35
PEG (5Y)1.61
Graham Number14.9565 (-40.15%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | 4.8% | ||
| ROCE | 7.09% | ||
| ROIC | 5.09% | ||
| ROICexc | 5.45% | ||
| ROICexgc | 5.84% | ||
| OM | 6.3% | ||
| PM (TTM) | 3.78% | ||
| GM | 13.86% | ||
| FCFM | 2.64% |
ROA(3y)2.46%
ROA(5y)1.03%
ROE(3y)3.5%
ROE(5y)1.48%
ROIC(3y)3.94%
ROIC(5y)N/A
ROICexc(3y)4.15%
ROICexc(5y)N/A
ROICexgc(3y)4.45%
ROICexgc(5y)N/A
ROCE(3y)5.48%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y6.14%
ROICexc growth 3YN/A
ROICexc growth 5Y6.74%
OM growth 3YN/A
OM growth 5Y1%
PM growth 3YN/A
PM growth 5Y53.48%
GM growth 3Y54.65%
GM growth 5Y1.35%
F-Score9
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 3.21 | ||
| Debt/EBITDA | 0.68 | ||
| Cap/Depr | 107.24% | ||
| Cap/Sales | 4.88% | ||
| Interest Coverage | 110.38 | ||
| Cash Conversion | 69.35% | ||
| Profit Quality | 70.01% | ||
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.58 | ||
| Altman-Z | 4.61 |
F-Score9
WACC8.76%
ROIC/WACC0.58
Cap/Depr(3y)76.36%
Cap/Depr(5y)62.54%
Cap/Sales(3y)3.63%
Cap/Sales(5y)3.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.29%
EPS 3YN/A
EPS 5Y22.51%
EPS Q2Q%-32.14%
EPS Next Y103.46%
EPS Next 2Y53.99%
EPS Next 3Y37.6%
EPS Next 5Y24.34%
Revenue 1Y (TTM)10.86%
Revenue growth 3Y10.97%
Revenue growth 5Y7.01%
Sales Q2Q%15.63%
Revenue Next Year9.66%
Revenue Next 2Y8.09%
Revenue Next 3Y6.85%
Revenue Next 5Y6.88%
EBIT growth 1Y32.9%
EBIT growth 3YN/A
EBIT growth 5Y8.08%
EBIT Next Year151.18%
EBIT Next 3YN/A
EBIT Next 5Y27.78%
FCF growth 1Y-56.31%
FCF growth 3Y-7.64%
FCF growth 5Y-19.45%
OCF growth 1Y-20.84%
OCF growth 3Y10.32%
OCF growth 5Y-5.81%
MAGELLAN AEROSPACE CORP / MAL.CA Fundamental Analysis 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.
What is the profitability of MAL stock?
MAGELLAN AEROSPACE CORP (MAL.CA) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for MAL stock?
The Price/Earnings (PE) ratio for MAGELLAN AEROSPACE CORP (MAL.CA) is 36.22 and the Price/Book (PB) ratio is 1.73.
Is the dividend of MAGELLAN AEROSPACE CORP sustainable?
The dividend rating of MAGELLAN AEROSPACE CORP (MAL.CA) is 3 / 10 and the dividend payout ratio is 25.34%.