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Magellan Aerospace TSX:MAL Stock Report

Last Price

CA$8.35

Market Cap

CA$480.1m

7D

1.6%

1Y

2.6%

Updated

14 Jun, 2024

Data

Company Financials +

Magellan Aerospace Corporation

TSX:MAL Stock Report

Market Cap: CA$480.1m

MAL Stock Overview

Through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe.

MAL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends1/6

Rewards

Risk Analysis

No risks detected for MAL from our risk checks.

Magellan Aerospace Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Magellan Aerospace
Historical stock prices
Current Share PriceCA$8.35
52 Week HighCA$8.67
52 Week LowCA$7.02
Beta1.07
1 Month Change6.10%
3 Month Change-1.42%
1 Year Change2.58%
3 Year Change-18.70%
5 Year Change-50.03%
Change since IPO-17.53%

Recent News & Updates

Recent updates

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

Mar 07
Magellan Aerospace (TSE:MAL) Has Announced A Dividend Of CA$0.025

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

Nov 09
Magellan Aerospace (TSE:MAL) Will Pay A Dividend Of CA$0.025

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

May 26
Magellan Aerospace's (TSE:MAL) Dividend Will Be Reduced To CA$0.025

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

May 06
Magellan Aerospace's (TSE:MAL) Shareholders Will Receive A Smaller Dividend Than Last Year

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

Mar 09
Magellan Aerospace (TSE:MAL) Is Reducing Its Dividend To CA$0.025

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

Jan 03
Is Magellan Aerospace Corporation (TSE:MAL) Trading At A 46% Discount?

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

Dec 01
Magellan Aerospace (TSE:MAL) Has Announced That Its Dividend Will Be Reduced To CA$0.025

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

Nov 17
Magellan Aerospace (TSE:MAL) Is Paying Out Less In Dividends Than Last Year

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

Nov 10
Would Magellan Aerospace (TSE:MAL) Be Better Off With Less Debt?

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

Aug 26
Magellan Aerospace (TSE:MAL) Is Reducing Its Dividend To CA$0.05

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

Aug 11
Magellan Aerospace's (TSE:MAL) Dividend Will Be Reduced To CA$0.05

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

May 26
Magellan Aerospace's (TSE:MAL) Dividend Is Being Reduced To CA$0.08

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

May 12
Magellan Aerospace's (TSE:MAL) Dividend Is Being Reduced To CA$0.08

Magellan Aerospace (TSE:MAL) Has Affirmed Its Dividend Of CA$0.10

Dec 03
Magellan Aerospace (TSE:MAL) Has Affirmed Its Dividend Of CA$0.10

Magellan Aerospace (TSE:MAL) Will Pay A Dividend Of CA$0.10

Nov 11
Magellan Aerospace (TSE:MAL) Will Pay A Dividend Of CA$0.10

Magellan Aerospace (TSE:MAL) Is Due To Pay A Dividend Of CA$0.10

Aug 26
Magellan Aerospace (TSE:MAL) Is Due To Pay A Dividend Of CA$0.10

It Looks Like Magellan Aerospace Corporation's (TSE:MAL) CEO May Expect Their Salary To Be Put Under The Microscope

Apr 28
It Looks Like Magellan Aerospace Corporation's (TSE:MAL) CEO May Expect Their Salary To Be Put Under The Microscope

Is It Time To Consider Buying Magellan Aerospace Corporation (TSE:MAL)?

Apr 02
Is It Time To Consider Buying Magellan Aerospace Corporation (TSE:MAL)?

We Think You Can Look Beyond Magellan Aerospace's (TSE:MAL) Lackluster Earnings

Mar 18
We Think You Can Look Beyond Magellan Aerospace's (TSE:MAL) Lackluster Earnings

Magellan Aerospace (TSE:MAL) Shareholders Have Enjoyed A 83% Share Price Gain

Mar 17
Magellan Aerospace (TSE:MAL) Shareholders Have Enjoyed A 83% Share Price Gain

How Well Is Magellan Aerospace (TSE:MAL) Allocating Its Capital?

Mar 02
How Well Is Magellan Aerospace (TSE:MAL) Allocating Its Capital?

Is Magellan Aerospace Corporation (TSE:MAL) Trading At A 42% Discount?

Feb 15
Is Magellan Aerospace Corporation (TSE:MAL) Trading At A 42% Discount?

Magellan Aerospace (TSE:MAL) Seems To Use Debt Quite Sensibly

Feb 02
Magellan Aerospace (TSE:MAL) Seems To Use Debt Quite Sensibly

Should Magellan Aerospace Corporation (TSE:MAL) Be Part Of Your Dividend Portfolio?

Jan 19
Should Magellan Aerospace Corporation (TSE:MAL) Be Part Of Your Dividend Portfolio?

What Kind Of Shareholders Hold The Majority In Magellan Aerospace Corporation's (TSE:MAL) Shares?

Jan 06
What Kind Of Shareholders Hold The Majority In Magellan Aerospace Corporation's (TSE:MAL) Shares?

When Should You Buy Magellan Aerospace Corporation (TSE:MAL)?

Dec 24
When Should You Buy Magellan Aerospace Corporation (TSE:MAL)?

Only Four Days Left To Cash In On Magellan Aerospace's (TSE:MAL) Dividend

Dec 11
Only Four Days Left To Cash In On Magellan Aerospace's (TSE:MAL) Dividend

Here's What We Make Of Magellan Aerospace's (TSE:MAL) Returns On Capital

Nov 30
Here's What We Make Of Magellan Aerospace's (TSE:MAL) Returns On Capital

Shareholder Returns

MALCA Aerospace & DefenseCA Market
7D1.6%-1.7%-2.2%
1Y2.6%-5.4%8.0%

Return vs Industry: MAL exceeded the Canadian Aerospace & Defense industry which returned -3% over the past year.

Return vs Market: MAL underperformed the Canadian Market which returned 8.5% over the past year.

Price Volatility

Is MAL's price volatile compared to industry and market?
MAL volatility
MAL Average Weekly Movement2.5%
Aerospace & Defense Industry Average Movement4.5%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.2%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: MAL's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19963,850Phil Underwoodwww.magellan.aero

Magellan Aerospace Corporation, through its subsidiaries, 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, such as stage rocket motors, solid propellant rocket motors, and rocket weapon systems; 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$480.05m
Earnings (TTM)CA$11.70m
Revenue (TTM)CA$891.48m

40.8x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAL income statement (TTM)
RevenueCA$891.48m
Cost of RevenueCA$799.78m
Gross ProfitCA$91.70m
Other ExpensesCA$80.00m
EarningsCA$11.70m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin10.29%
Net Profit Margin1.31%
Debt/Equity Ratio5.4%

How did MAL perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

49%

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 14 2024
Dividend Pay DateJun 28 2024
Days until Ex dividend1 day
Days until Dividend pay date13 days

Does MAL pay a reliable dividends?

See MAL dividend history and benchmarks
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