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Magna International TSX:MG Stock Report

Last Price

CA$74.11

Market Cap

CA$21.3b

7D

-1.0%

1Y

-2.8%

Updated

19 Feb, 2024

Data

Company Financials +

MG Stock Overview

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide.

MG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health5/6
Dividends5/6

Magna International Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Magna International
Historical stock prices
Current Share PriceCA$74.11
52 Week HighCA$87.00
52 Week LowCA$64.41
Beta1.71
1 Month Change1.12%
3 Month Change-0.52%
1 Year Change-2.84%
3 Year Change-32.36%
5 Year Change5.05%
Change since IPO6,611.85%

Recent News & Updates

Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings

Feb 16
Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings

Recent updates

Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings

Feb 16
Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings

Is Magna International Inc. (TSE:MG) Trading At A 38% Discount?

Jan 23
Is Magna International Inc. (TSE:MG) Trading At A 38% Discount?

The Price Is Right For Magna International Inc. (TSE:MG)

Dec 19
The Price Is Right For Magna International Inc. (TSE:MG)

Is Magna International (TSE:MG) A Risky Investment?

Oct 27
Is Magna International (TSE:MG) A Risky Investment?

Is There Now An Opportunity In Magna International Inc. (TSE:MG)?

Sep 03
Is There Now An Opportunity In Magna International Inc. (TSE:MG)?

If EPS Growth Is Important To You, Magna International (TSE:MG) Presents An Opportunity

Aug 15
If EPS Growth Is Important To You, Magna International (TSE:MG) Presents An Opportunity

Is Magna International (TSE:MG) A Risky Investment?

Jul 15
Is Magna International (TSE:MG) A Risky Investment?

Are Investors Undervaluing Magna International Inc. (TSE:MG) By 42%?

Jun 30
Are Investors Undervaluing Magna International Inc. (TSE:MG) By 42%?

When Should You Buy Magna International Inc. (TSE:MG)?

May 10
When Should You Buy Magna International Inc. (TSE:MG)?

Magna International Inc. (TSE:MG) Shares Could Be 47% Below Their Intrinsic Value Estimate

Mar 28
Magna International Inc. (TSE:MG) Shares Could Be 47% Below Their Intrinsic Value Estimate

Is Magna International Inc. (TSE:MG) Potentially Undervalued?

Jan 29
Is Magna International Inc. (TSE:MG) Potentially Undervalued?

Does Magna International (TSE:MG) Have A Healthy Balance Sheet?

Jan 02
Does Magna International (TSE:MG) Have A Healthy Balance Sheet?

Magna International Inc. (TSE:MG) Shares Could Be 48% Below Their Intrinsic Value Estimate

Dec 04
Magna International Inc. (TSE:MG) Shares Could Be 48% Below Their Intrinsic Value Estimate

What Is Magna International Inc.'s (TSE:MG) Share Price Doing?

Oct 21
What Is Magna International Inc.'s (TSE:MG) Share Price Doing?

We Think Magna International (TSE:MG) Can Stay On Top Of Its Debt

Sep 20
We Think Magna International (TSE:MG) Can Stay On Top Of Its Debt

At CA$78.72, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

Jul 21
At CA$78.72, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

Is Magna International (TSE:MG) A Risky Investment?

Jun 21
Is Magna International (TSE:MG) A Risky Investment?

At CA$76.59, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Apr 17
At CA$76.59, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Is Magna International (TSE:MG) Using Too Much Debt?

Mar 09
Is Magna International (TSE:MG) Using Too Much Debt?

Should You Investigate Magna International Inc. (TSE:MG) At CA$112?

Jan 17
Should You Investigate Magna International Inc. (TSE:MG) At CA$112?

Is There An Opportunity With Magna International Inc.'s (TSE:MG) 40% Undervaluation?

Jan 04
Is There An Opportunity With Magna International Inc.'s (TSE:MG) 40% Undervaluation?

Is Magna International (TSE:MG) Using Too Much Debt?

Dec 09
Is Magna International (TSE:MG) Using Too Much Debt?

Shareholder Returns

MGCA Auto ComponentsCA Market
7D-1.0%-0.8%1.2%
1Y-2.8%-21.5%1.1%

Return vs Industry: MG exceeded the Canadian Auto Components industry which returned -21.5% over the past year.

Return vs Market: MG underperformed the Canadian Market which returned 1.1% over the past year.

Price Volatility

Is MG's price volatile compared to industry and market?
MG volatility
MG Average Weekly Movement4.2%
Auto Components Industry Average Movement5.1%
Market Average Movement8.7%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market3.2%

Stable Share Price: MG has not had significant price volatility in the past 3 months.

Volatility Over Time: MG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1957179,000Swamy Kotagirihttps://www.magna.com

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, quarter windows, encapsulated glasses, and side doors.

Magna International Inc. Fundamentals Summary

How do Magna International's earnings and revenue compare to its market cap?
MG fundamental statistics
Market capCA$21.25b
Earnings (TTM)CA$1.64b
Revenue (TTM)CA$57.74b

13.0x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MG income statement (TTM)
RevenueUS$42.80b
Cost of RevenueUS$37.19b
Gross ProfitUS$5.61b
Other ExpensesUS$4.40b
EarningsUS$1.21b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)4.23
Gross Margin13.11%
Net Profit Margin2.83%
Debt/Equity Ratio44.8%

How did MG perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

44%

Payout Ratio

Does MG pay a reliable dividends?

See MG dividend history and benchmarks
When do you need to buy MG by to receive an upcoming dividend?
Magna International dividend dates
Ex Dividend DateFeb 22 2024
Dividend Pay DateMar 08 2024
Days until Ex dividend1 day
Days until Dividend pay date16 days

Does MG pay a reliable dividends?

See MG dividend history and benchmarks
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