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Magellan Aerospace CorporationTSX:MAL Stock Report

Market Cap CA$1.6b
Share Price
CA$26.67
CA$31.42
15.1% undervalued intrinsic discount
1Y66.7%
7D7.9%
Portfolio Value
View

Magellan Aerospace Corporation

TSX:MAL Stock Report

Market Cap: CA$1.6b

Magellan Aerospace (MAL) Stock Overview

Magellan Aerospace Corporation engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. More details

MAL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends0/6

MAL Community Fair Values

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See what 40 others think this stock is worth. Follow their fair value or set your own to get alerts.

Magellan Aerospace Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Magellan Aerospace
Historical stock prices
Current Share PriceCA$26.67
52 Week HighCA$27.84
52 Week LowCA$15.05
Beta0.33
1 Month Change10.39%
3 Month Change23.42%
1 Year Change66.69%
3 Year Change246.36%
5 Year Change159.69%
Change since IPO163.41%

Recent News & Updates

Analysis Article May 14

Earnings Miss: Magellan Aerospace Corporation Missed EPS By 14% And Analysts Are Revising Their Forecasts

Shareholders might have noticed that Magellan Aerospace Corporation ( TSE:MAL ) filed its first-quarter result this...

Recent updates

Analysis Article May 14

Earnings Miss: Magellan Aerospace Corporation Missed EPS By 14% And Analysts Are Revising Their Forecasts

Shareholders might have noticed that Magellan Aerospace Corporation ( TSE:MAL ) filed its first-quarter result this...
Analysis Article Jan 31

Do Magellan Aerospace's (TSE:MAL) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jan 16

Why Investors Shouldn't Be Surprised By Magellan Aerospace Corporation's (TSE:MAL) 26% Share Price Surge

Despite an already strong run, Magellan Aerospace Corporation ( TSE:MAL ) shares have been powering on, with a gain of...
Analysis Article Nov 15

Investors Met With Slowing Returns on Capital At Magellan Aerospace (TSE:MAL)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article May 23

Market Participants Recognise Magellan Aerospace Corporation's (TSE:MAL) Earnings Pushing Shares 29% Higher

Magellan Aerospace Corporation ( TSE:MAL ) shares have continued their recent momentum with a 29% gain in the last...
Analysis Article May 14

Earnings Miss: Magellan Aerospace Corporation Missed EPS By 5.0% And Analysts Are Revising Their Forecasts

Shareholders of Magellan Aerospace Corporation ( TSE:MAL ) will be pleased this week, given that the stock price is up...
Analysis Article May 03

Does Magellan Aerospace (TSE:MAL) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 26

Earnings Tell The Story For Magellan Aerospace Corporation (TSE:MAL) As Its Stock Soars 34%

The Magellan Aerospace Corporation ( TSE:MAL ) share price has done very well over the last month, posting an excellent...
Analysis Article Dec 20

Magellan Aerospace (TSE:MAL) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 08

We Think Magellan Aerospace (TSE:MAL) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Mar 07

Magellan Aerospace (TSE:MAL) Has Announced A Dividend Of CA$0.025

Magellan Aerospace Corporation ( TSE:MAL ) will pay a dividend of CA$0.025 on the 29th of March. The dividend yield is...
Analysis Article Nov 09

Magellan Aerospace (TSE:MAL) Will Pay A Dividend Of CA$0.025

The board of Magellan Aerospace Corporation ( TSE:MAL ) has announced that it will pay a dividend on the 29th of...
Analysis Article May 26

Magellan Aerospace's (TSE:MAL) Dividend Will Be Reduced To CA$0.025

Magellan Aerospace Corporation's ( TSE:MAL ) dividend is being reduced from last year's payment covering the same...
Analysis Article May 06

Magellan Aerospace's (TSE:MAL) Shareholders Will Receive A Smaller Dividend Than Last Year

Magellan Aerospace Corporation's ( TSE:MAL ) dividend is being reduced from last year's payment covering the same...
Analysis Article Mar 09

Magellan Aerospace (TSE:MAL) Is Reducing Its Dividend To CA$0.025

Magellan Aerospace Corporation ( TSE:MAL ) has announced that on 31st of March, it will be paying a dividend...
Analysis Article Jan 03

Is Magellan Aerospace Corporation (TSE:MAL) Trading At A 46% Discount?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Magellan Aerospace...
Analysis Article Dec 01

Magellan Aerospace (TSE:MAL) Has Announced That Its Dividend Will Be Reduced To CA$0.025

Magellan Aerospace Corporation ( TSE:MAL ) has announced that on 30th of December, it will be paying a dividend...
Analysis Article Nov 17

Magellan Aerospace (TSE:MAL) Is Paying Out Less In Dividends Than Last Year

Magellan Aerospace Corporation ( TSE:MAL ) is reducing its dividend from last year's comparable payment to CA$0.025 on...
Analysis Article Nov 10

Would Magellan Aerospace (TSE:MAL) Be Better Off With Less Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 26

Magellan Aerospace (TSE:MAL) Is Reducing Its Dividend To CA$0.05

Magellan Aerospace Corporation ( TSE:MAL ) has announced that on 29th of September, it will be paying a dividend...
Analysis Article Aug 11

Magellan Aerospace's (TSE:MAL) Dividend Will Be Reduced To CA$0.05

Magellan Aerospace Corporation's ( TSE:MAL ) dividend is being reduced from last year's payment covering the same...
Analysis Article May 26

Magellan Aerospace's (TSE:MAL) Dividend Is Being Reduced To CA$0.08

Magellan Aerospace Corporation's ( TSE:MAL ) dividend is being reduced to CA$0.08 on the 30th of June. The yield is...
Analysis Article May 12

Magellan Aerospace's (TSE:MAL) Dividend Is Being Reduced To CA$0.08

Magellan Aerospace Corporation ( TSE:MAL ) is reducing its dividend to CA$0.08 on the 30th of June. However, the...

Shareholder Returns

MALCA Aerospace & DefenseCA Market
7D7.9%3.3%-0.2%
1Y66.7%40.6%32.6%

Return vs Industry: MAL exceeded the Canadian Aerospace & Defense industry which returned 40.6% over the past year.

Return vs Market: MAL exceeded the Canadian Market which returned 32.6% over the past year.

Price Volatility

Is MAL's price volatile compared to industry and market?
MAL volatility
MAL Average Weekly Movement8.1%
Aerospace & Defense Industry Average Movement9.9%
Market Average Movement10.3%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.9%

Stable Share Price: MAL has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MAL's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19963,973Phil Underwoodwww.magellan.aero

Magellan Aerospace Corporation engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts, as well as other flight safety critical machined components, including discs, seals, and spacers; and aerostructures comprising landing gear systems, wing ribs, spars and skins, bulkheads and fuselage components, tailcone assemblies, composite wing and fairing structures, horizontal and vertical stabilizers, plug and nozzle, exhaust systems, crown modules, and vane boxes and transition ducts. It also designs, engineers, and manufactures assemblies and components for aerospace markets, governments, space markets, and specialty products; wire strike protection systems for helicopter safety; space solutions, including small satellite bus platforms and satellite subsystem equipment, as well as offers services for satellite assembly, integration, and testing; and aluminum and magnesium alloy sand castings, such as engine mounted accessory gearbox housings, helicopter power transmission housings, auxiliary power unit inlet and gearbox housings, engine front inlet and intermediate cases, engine front frames and fan cases, pump and accessory drive housings, and environmental control housings.

Magellan Aerospace Corporation Fundamentals Summary

How do Magellan Aerospace's earnings and revenue compare to its market cap?
MAL fundamental statistics
Market capCA$1.55b
Earnings (TTM)CA$45.09m
Revenue (TTM)CA$1.07b
33.8x
P/E Ratio
1.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAL income statement (TTM)
RevenueCA$1.07b
Cost of RevenueCA$917.20m
Gross ProfitCA$151.69m
Other ExpensesCA$106.60m
EarningsCA$45.09m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.79
Gross Margin14.19%
Net Profit Margin4.22%
Debt/Equity Ratio7.9%

How did MAL perform over the long term?

See historical performance and comparison

Dividends

0.7%
Current Dividend Yield
25%
Payout Ratio

Does MAL pay a reliable dividends?

See MAL dividend history and benchmarks
When do you need to buy MAL by to receive an upcoming dividend?
Magellan Aerospace dividend dates
Ex Dividend DateJun 16 2026
Dividend Pay DateJun 30 2026
Days until Ex dividend26 days
Days until Dividend pay date40 days

Does MAL pay a reliable dividends?

See MAL dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 10:45
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Magellan Aerospace Corporation is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David McFadgenATB Cormark
Claude ProulxBMO Capital Markets Equity Research
Douglas TaylorCanaccord Genuity