MAGELLAN AEROSPACE CORP (MAL.CA) Fundamental Analysis & Valuation
TSX:MAL • CA5589122004
Current stock price
24.01 CAD
-0.98 (-3.92%)
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.
- 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 3.38%, MAL is in line with its industry, outperforming 46.15% of the companies in the same industry.
- MAL has a better Return On Equity (4.80%) than 69.23% of its industry peers.
- The Return On Invested Capital of MAL (5.09%) is worse than 69.23% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MAL 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.
- In the last couple of years the Profit Margin of MAL has grown nicely.
- 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.
- MAL's Gross Margin of 13.86% is on the low side compared to the rest of the industry. MAL is outperformed by 92.31% of its industry peers.
- 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.
- The number of shares outstanding for MAL remains at a similar level compared to 1 year ago.
- The number of shares outstanding for MAL has been reduced compared to 5 years ago.
- Compared to 1 year ago, MAL has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 4.54 indicates that MAL is not in any danger for bankruptcy at the moment.
- MAL has a better Altman-Z score (4.54) than 92.31% of its industry peers.
- The Debt to FCF ratio of MAL is 3.21, which is a good value as it means it would take MAL, 3.21 years of fcf income to pay off all of its debts.
- MAL's Debt to FCF ratio of 3.21 is amongst the best of the industry. MAL outperforms 84.62% of its industry peers.
- A Debt/Equity ratio of 0.09 indicates that MAL is not too dependend on debt financing.
- MAL has a Debt to Equity ratio of 0.09. This is amongst the best in the industry. MAL outperforms 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 3.21 | ||
| Altman-Z | 4.54 |
ROIC/WACC0.58
WACC8.76%
2.3 Liquidity
- MAL has a Current Ratio of 2.75. This indicates that MAL is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of MAL (2.75) is better 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
- MAL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.29%, which is quite good.
- 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.
- The Revenue has grown by 10.86% in the past year. This is quite good.
- 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
- Based on estimates for the next years, MAL will show a very strong growth in Earnings Per Share. The EPS will grow by 24.34% on average per year.
- The Revenue is expected to grow by 6.88% on average over the next years.
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.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. MAL.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 34.80, the valuation of MAL can be described as expensive.
- Based on the Price/Earnings ratio, MAL is valued a bit more expensive than the industry average as 69.23% of the companies are valued more cheaply.
- MAL's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.54.
- A Price/Forward Earnings ratio of 17.10 indicates a rather expensive 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.
- The average S&P500 Price/Forward Earnings ratio is at 21.68. MAL is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.8 | ||
| Fwd PE | 17.1 |
4.2 Price Multiples
- MAL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MAL is cheaper than 61.54% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, MAL is valued a bit more expensive than 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 49.64 | ||
| EV/EBITDA | 12.2 |
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 37.60% in the coming years.
PEG (NY)0.34
PEG (5Y)1.55
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.
- With a Dividend Yield of 0.77, MAL pays less dividend than the S&P500 average, which is at 1.82.
| 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.
- MAL has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-16.11%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
- MAL pays out 25.34% of its income as dividend. This is a sustainable payout ratio.
DP25.34%
EPS Next 2Y53.99%
EPS Next 3Y37.6%
MAL.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MAL (4/29/2026, 7:00:00 PM)
24.01
-0.98 (-3.92%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Industry Strength77.17
Industry Growth99.25
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 Cap1.37B
Revenue(TTM)1.04B
Net Income(TTM)39.44M
Analysts83.33
Price Target28.73 (19.66%)
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 | 34.8 | ||
| Fwd PE | 17.1 | ||
| P/S | 1.31 | ||
| P/FCF | 49.64 | ||
| P/OCF | 17.44 | ||
| P/B | 1.67 | ||
| P/tB | 1.8 | ||
| EV/EBITDA | 12.2 |
EPS(TTM)0.69
EY2.87%
EPS(NY)1.4
Fwd EY5.85%
FCF(TTM)0.48
FCFY2.01%
OCF(TTM)1.38
OCFY5.73%
SpS18.3
BVpS14.41
TBVpS13.37
PEG (NY)0.34
PEG (5Y)1.55
Graham Number14.9565 (-37.71%)
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 | 4.54 |
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 34.8 and the Price/Book (PB) ratio is 1.67.
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%.