MAGELLAN AEROSPACE CORP (MAL.CA) Stock Fundamental Analysis
Canada - TSX:MAL - CA5589122004 - Common Stock
18.45 CAD
+1.15 (+6.65%)
We assign a fundamental rating of 6 out of 10 to MAL. MAL was compared to 11 industry peers in the Aerospace & Defense industry. While MAL has a great health rating, there are worries 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.
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 better Return On Assets (3.26%) than 81.82% of its industry peers.
Looking at the Return On Equity, with a value of 4.71%, MAL belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
MAL has a Return On Invested Capital of 3.97%. This is in the lower half of the industry: MAL underperforms 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.26% | ||
| ROE | 4.71% | ||
| ROIC | 3.97% |
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 3.89% is on the low side compared to the rest of the industry. MAL is outperformed by 63.64% of its industry peers.
In the last couple of years the Profit Margin of MAL has declined.
MAL has a worse Operating Margin (6.45%) than 63.64% of its industry peers.
In the last couple of years the Operating Margin of MAL has declined.
MAL has a Gross Margin of 12.77%. This is amonst the worse of the industry: MAL underperforms 81.82% of its industry peers.
In the last couple of years the Gross Margin of MAL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.45% | ||
| PM (TTM) | 3.89% | ||
| GM | 12.77% |
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.
MAL has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, MAL has less shares outstanding
Compared to 1 year ago, MAL has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.80 indicates that MAL is not in any danger for bankruptcy at the moment.
MAL has a better Altman-Z score (3.80) than 100.00% of its industry peers.
The Debt to FCF ratio of MAL is 1.28, which is an excellent value as it means it would take MAL, only 1.28 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MAL (1.28) is better than 90.91% 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 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 3.8 |
ROIC/WACC0.46
WACC8.65%
2.3 Liquidity
MAL has a Current Ratio of 2.61. This indicates that MAL is financially healthy and has no problem in meeting its short term obligations.
MAL's Current ratio of 2.61 is amongst the best of the industry. MAL outperforms 100.00% of its industry peers.
A Quick Ratio of 1.49 indicates that MAL should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.49, MAL belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.61 | ||
| Quick Ratio | 1.49 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 120.00% 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 a small growth in Revenue. In the last year, the Revenue has grown by 6.58%.
MAL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.50% yearly.
EPS 1Y (TTM)120%
EPS 3YN/A
EPS 5Y-11.62%
EPS Q2Q%-30.77%
Revenue 1Y (TTM)6.58%
Revenue growth 3Y11.04%
Revenue growth 5Y-1.5%
Sales Q2Q%2.83%
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 33.79% on average per year.
MAL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.99% yearly.
EPS Next Y31.14%
EPS Next 2Y39.82%
EPS Next 3Y33.79%
EPS Next 5YN/A
Revenue Next Year10.59%
Revenue Next 2Y7.01%
Revenue Next 3Y5.99%
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 27.95, the valuation of MAL can be described as expensive.
63.64% of the companies in the same industry are more expensive than MAL, based on the Price/Earnings ratio.
MAL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.89.
Based on the Price/Forward Earnings ratio of 15.22, the valuation of MAL can be described as correct.
MAL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MAL is cheaper than 63.64% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, MAL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.95 | ||
| Fwd PE | 15.22 |
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 72.73% of the companies listed 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 | 14.64 | ||
| EV/EBITDA | 9.48 |
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.
MAL's earnings are expected to grow with 33.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.9
PEG (5Y)N/A
EPS Next 2Y39.82%
EPS Next 3Y33.79%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.16%, MAL has a reasonable but not impressive dividend return.
MAL's Dividend Yield is a higher than the industry average which is at 7.11.
Compared to an average S&P500 Dividend Yield of 2.44, MAL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
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
18.83% of the earnings are spent on dividend by MAL. This is a low number and sustainable payout ratio.
DP18.83%
EPS Next 2Y39.82%
EPS Next 3Y33.79%
TSX:MAL (11/14/2025, 7:00:00 PM)
18.45
+1.15 (+6.65%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners2.65%
Inst Owner ChangeN/A
Ins Owners79.31%
Ins Owner ChangeN/A
Market Cap1.05B
Revenue(TTM)974.91M
Net Income(TTM)37.92M
Analysts76.67
Price Target19.02 (3.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
Yearly Dividend0.1
Dividend Growth(5Y)-24.44%
DP18.83%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-33.6%
Min EPS beat(2)-61.26%
Max EPS beat(2)-5.94%
EPS beat(4)1
Avg EPS beat(4)-3.53%
Min EPS beat(4)-61.26%
Max EPS beat(4)91.19%
EPS beat(8)1
Avg EPS beat(8)-23.97%
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)0.76%
Min Revenue beat(2)-6.78%
Max Revenue beat(2)8.31%
Revenue beat(4)2
Avg Revenue beat(4)-0.29%
Min Revenue beat(4)-8.37%
Max Revenue beat(4)8.31%
Revenue beat(8)3
Avg Revenue beat(8)-0.99%
Revenue beat(12)5
Avg Revenue beat(12)-0.38%
Revenue beat(16)5
Avg Revenue beat(16)-1.16%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.09%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.95 | ||
| Fwd PE | 15.22 | ||
| P/S | 1.08 | ||
| P/FCF | 14.64 | ||
| P/OCF | 9.39 | ||
| P/B | 1.31 | ||
| P/tB | 1.41 | ||
| EV/EBITDA | 9.48 |
EPS(TTM)0.66
EY3.58%
EPS(NY)1.21
Fwd EY6.57%
FCF(TTM)1.26
FCFY6.83%
OCF(TTM)1.97
OCFY10.65%
SpS17.08
BVpS14.12
TBVpS13.08
PEG (NY)0.9
PEG (5Y)N/A
Graham Number14.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.26% | ||
| ROE | 4.71% | ||
| ROCE | 6.92% | ||
| ROIC | 3.97% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 4.67% | ||
| OM | 6.45% | ||
| PM (TTM) | 3.89% | ||
| GM | 12.77% | ||
| FCFM | 7.38% |
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 Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.28 | ||
| Debt/EBITDA | 0.75 | ||
| Cap/Depr | 87.02% | ||
| Cap/Sales | 4.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 102.82% | ||
| Profit Quality | 189.74% | ||
| Current Ratio | 2.61 | ||
| Quick Ratio | 1.49 | ||
| Altman-Z | 3.8 |
F-Score9
WACC8.65%
ROIC/WACC0.46
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)120%
EPS 3YN/A
EPS 5Y-11.62%
EPS Q2Q%-30.77%
EPS Next Y31.14%
EPS Next 2Y39.82%
EPS Next 3Y33.79%
EPS Next 5YN/A
Revenue 1Y (TTM)6.58%
Revenue growth 3Y11.04%
Revenue growth 5Y-1.5%
Sales Q2Q%2.83%
Revenue Next Year10.59%
Revenue Next 2Y7.01%
Revenue Next 3Y5.99%
Revenue Next 5YN/A
EBIT growth 1Y72.79%
EBIT growth 3YN/A
EBIT growth 5Y-12.15%
EBIT Next Year171.4%
EBIT Next 3Y53.81%
EBIT Next 5YN/A
FCF growth 1Y1657.38%
FCF growth 3YN/A
FCF growth 5Y3.82%
OCF growth 1Y603.22%
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.
Can you provide the valuation status for MAGELLAN AEROSPACE CORP?
ChartMill assigns a valuation rating of 6 / 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 2 / 10.
Can you provide the expected EPS growth for MAL stock?
The Earnings per Share (EPS) of MAGELLAN AEROSPACE CORP (MAL.CA) is expected to grow by 31.14% in the next year.
Can you provide the dividend sustainability for MAL stock?
The dividend rating of MAGELLAN AEROSPACE CORP (MAL.CA) is 4 / 10 and the dividend payout ratio is 18.83%.