MAGELLAN AEROSPACE CORP (MAL.CA) Stock Fundamental Analysis
Canada - TSX:MAL - CA5589122004 - Common Stock
17.26 CAD
+0.09 (+0.52%)
We assign a fundamental rating of 5 out of 10 to MAL. MAL was compared to 11 industry peers in the Aerospace & Defense industry. MAL has a great financial health rating, but its profitability evaluates not so good. MAL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MAL was profitable.
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
The Return On Assets of MAL (3.26%) is worse than 63.64% of its industry peers.
The Return On Equity of MAL (4.71%) is better than 81.82% of its industry peers.
MAL has a worse Return On Invested Capital (3.97%) than 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 has a worse Profit Margin (3.89%) than 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.
MAL's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 12.77%, MAL is doing worse than 81.82% of the companies in the same industry.
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
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.
Compared to 5 years ago, MAL has less shares outstanding
MAL has a better debt/assets ratio than last year.
2.2 Solvency
MAL has an Altman-Z score of 3.69. This indicates that MAL is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.69, MAL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
MAL has a debt to FCF ratio of 1.28. This is a very positive value and a sign of high solvency as it would only need 1.28 years to pay back of all of its debts.
MAL has a better Debt to FCF ratio (1.28) 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's Debt to Equity ratio of 0.10 is amongst the best of the industry. MAL outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 3.69 |
ROIC/WACC0.46
WACC8.6%
2.3 Liquidity
A Current Ratio of 2.61 indicates that MAL has no problem at all paying its short term obligations.
MAL has a Current ratio of 2.61. This is amongst the best in the industry. MAL outperforms 100.00% of its industry peers.
MAL has a Quick Ratio of 1.49. This is a normal value and indicates that MAL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.49, MAL belongs to the top 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
MAL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 120.00%, which is quite impressive.
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.
MAL shows a small growth in Revenue. In the last year, the Revenue has grown by 6.58%.
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)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
MAL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 33.79% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
With a Price/Earnings ratio of 26.15, MAL can be considered very expensive at the moment.
Based on the Price/Earnings ratio, MAL is valued a bit cheaper than 63.64% of the companies in the same industry.
When comparing the Price/Earnings ratio of MAL to the average of the S&P500 Index (26.35), we can say MAL is valued inline with the index average.
The Price/Forward Earnings ratio is 14.24, which indicates a correct valuation of MAL.
72.73% of the companies in the same industry are more expensive than MAL, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 33.72, MAL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.15 | ||
| Fwd PE | 14.24 |
4.2 Price Multiples
72.73% of the companies in the same industry are more expensive than MAL, based on the Enterprise Value to EBITDA ratio.
63.64% of the companies in the same industry are more expensive than MAL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.69 | ||
| EV/EBITDA | 8.86 |
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.
MAL's earnings are expected to grow with 33.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.84
PEG (5Y)N/A
EPS Next 2Y39.82%
EPS Next 3Y33.79%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.18%, MAL has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.21, MAL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, MAL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
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.
The dividend of MAL decreased 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 (11/11/2025, 7:00:00 PM)
17.26
+0.09 (+0.52%)
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 Cap985.20M
Revenue(TTM)974.91M
Net Income(TTM)37.92M
Analysts76.67
Price Target19.02 (10.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
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 | 26.15 | ||
| Fwd PE | 14.24 | ||
| P/S | 1.01 | ||
| P/FCF | 13.69 | ||
| P/OCF | 8.78 | ||
| P/B | 1.22 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 8.86 |
EPS(TTM)0.66
EY3.82%
EPS(NY)1.21
Fwd EY7.02%
FCF(TTM)1.26
FCFY7.3%
OCF(TTM)1.97
OCFY11.39%
SpS17.08
BVpS14.12
TBVpS13.08
PEG (NY)0.84
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 | 3.69 |
F-Score9
WACC8.6%
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%.