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 passed our risk checks.
Magna International Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$78.86|
|52 Week High||CA$126.00|
|52 Week Low||CA$70.16|
|1 Month Change||-1.78%|
|3 Month Change||-20.17%|
|1 Year Change||-32.87%|
|3 Year Change||33.14%|
|5 Year Change||30.26%|
|Change since IPO||3,664.20%|
Recent News & Updates
|MG||CA Auto Components||CA Market|
Return vs Industry: MG matched the Canadian Auto Components industry which returned -32.8% over the past year.
Return vs Market: MG underperformed the Canadian Market which returned 4.8% over the past year.
|MG Average Weekly Movement||6.2%|
|Auto Components Industry Average Movement||6.3%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||16.9%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: MG is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MG's weekly volatility (6%) has been stable over the past year.
About the Company
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, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors.
Magna International Fundamentals Summary
|MG fundamental statistics|
Is MG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MG income statement (TTM)|
|Cost of Revenue||US$30.84b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||4.32|
|Net Profit Margin||3.54%|
How did MG perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
Is Magna International undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MG (CA$78.86) is trading below our estimate of fair value (CA$179.38)
Significantly Below Fair Value: MG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MG's PE Ratio (14.2x) is in line with the Canadian Auto Components industry average.
PE vs Market: MG is poor value based on its PE Ratio (14.2x) compared to the Canadian market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: MG is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: MG is overvalued based on its PB Ratio (1.5x) compared to the CA Auto Components industry average (1.3x).
How is Magna International forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MG's forecast earnings growth (23.5% per year) is above the savings rate (1.6%).
Earnings vs Market: MG's earnings (23.5% per year) are forecast to grow faster than the Canadian market (7.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MG's revenue (6.2% per year) is forecast to grow slower than the Canadian market (6.4% per year).
High Growth Revenue: MG's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MG's Return on Equity is forecast to be low in 3 years time (17.3%).
How has Magna International performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MG has high quality earnings.
Growing Profit Margin: MG's current net profit margins (3.5%) are higher than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: MG's earnings have declined by 15.1% per year over the past 5 years.
Accelerating Growth: MG's earnings growth over the past year (13.7%) exceeds its 5-year average (-15.1% per year).
Earnings vs Industry: MG earnings growth over the past year (13.7%) exceeded the Auto Components industry 9.5%.
Return on Equity
High ROE: MG's Return on Equity (10.9%) is considered low.
How is Magna International's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MG's short term assets ($13.6B) exceed its short term liabilities ($10.4B).
Long Term Liabilities: MG's short term assets ($13.6B) exceed its long term liabilities ($6.3B).
Debt to Equity History and Analysis
Debt Level: MG's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: MG's debt to equity ratio has increased from 28.1% to 30.1% over the past 5 years.
Debt Coverage: MG's debt is well covered by operating cash flow (67.8%).
Interest Coverage: MG's interest payments on its debt are well covered by EBIT (20.7x coverage).
What is Magna International current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MG's dividend (2.93%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: MG's dividend (2.93%) is low compared to the top 25% of dividend payers in the Canadian market (4.91%).
Stability and Growth of Payments
Stable Dividend: MG's dividends per share have been stable in the past 10 years.
Growing Dividend: MG's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.7%), MG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.6%), MG's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Seetarama Swamy Kotagiri, also known as Swamy, M.Sc., serves as Chief Executive Officer and Director at Magna International Inc. since January 1, 2021. He served as President at Magna International Inc...
CEO Compensation Analysis
Compensation vs Market: Swamy's total compensation ($USD10.87M) is above average for companies of similar size in the Canadian market ($USD7.51M).
Compensation vs Earnings: Swamy's compensation has increased by more than 20% in the past year.
Experienced Management: MG's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: MG's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Magna International Inc.'s employee growth, exchange listings and data sources
- Name: Magna International Inc.
- Ticker: MG
- Exchange: TSX
- Founded: 1957
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: CA$23.053b
- Shares outstanding: 292.32m
- Website: https://www.magna.com
Number of Employees
- Magna International Inc.
- 337 Magna Drive
- L4G 7K1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.