TSX:MAL - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,132	83	73	N/A	1
12/31/2025	1,020	45	49	N/A	2
12/31/2024	936	27	45	N/A	2
9/30/2024	925	19	37	72	N/A
6/30/2024	915	17	21	54	N/A
3/31/2024	891	12	-7	21	N/A
12/31/2023	880	9	-42	-17	N/A
9/30/2023	849	-11	-39	-17	N/A
6/30/2023	827	-14	-5	16	N/A
3/31/2023	800	-16	17	40	N/A
12/31/2022	765	-22	34	59	N/A
9/30/2022	749	-7	31	57	N/A
6/30/2022	725	-7	0	26	N/A
3/31/2022	700	-6	9	33	N/A
12/31/2021	688	-1	-10	13	N/A
9/30/2021	690	-18	7	28	N/A
6/30/2021	687	-19	51	70	N/A
3/31/2021	682	-13	80	104	N/A
12/31/2020	744	3	80	106	N/A
9/30/2020	811	36	84	116	N/A
6/30/2020	883	51	55	98	N/A
3/31/2020	985	67	30	77	N/A
12/31/2019	1,016	67	47	104	N/A
9/30/2019	1,024	88	55	122	N/A
6/30/2019	1,015	90	57	125	N/A
3/31/2019	992	92	58	117	N/A
12/31/2018	967	89	49	100	N/A
9/30/2018	945	91	65	107	N/A
6/30/2018	941	91	N/A	118	N/A
3/31/2018	952	87	N/A	132	N/A
12/31/2017	955	109	N/A	130	N/A
9/30/2017	970	102	N/A	144	N/A
6/30/2017	985	102	N/A	128	N/A
3/31/2017	986	105	N/A	119	N/A
12/31/2016	1,004	89	N/A	155	N/A
9/30/2016	1,009	90	N/A	102	N/A
6/30/2016	1,008	89	N/A	99	N/A
3/31/2016	989	84	N/A	113	N/A
12/31/2015	951	79	N/A	94	N/A
9/30/2015	908	72	N/A	100	N/A
6/30/2015	874	67	N/A	98	N/A
3/31/2015	861	64	N/A	84	N/A
12/31/2014	843	57	N/A	79	N/A
9/30/2014	830	55	N/A	82	N/A
6/30/2014	809	52	N/A	82	N/A
3/31/2014	777	50	N/A	78	N/A
12/31/2013	752	45	N/A	70	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAL's forecast earnings growth (59.4% per year) is above the savings rate (2.3%).

Earnings vs Market: MAL's earnings (59.4% per year) are forecast to grow faster than the Canadian market (15.5% per year).

High Growth Earnings: MAL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MAL's revenue (9% per year) is forecast to grow faster than the Canadian market (7.1% per year).

High Growth Revenue: MAL's revenue (9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MAL's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 13:19
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Magellan Aerospace Corporation is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Claude Proulx	BMO Capital Markets Equity Research
Douglas Taylor	Canaccord Genuity
Cameron Doerksen	Cantor Fitzgerald Canada Corporation

Magellan Aerospace Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 11%

Price target increased by 7.1% to CA$15.00

Price target increased by 9.8% to CA$14.00

Price target increased by 30% to CA$12.00

Price target decreased by 8.3% to CA$10.00

Price target raised to CA$10.50

Recent updates

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

Upcoming dividend of CA$0.025 per share

Consensus EPS estimates fall by 11%

Price target increased by 7.1% to CA$15.00

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Magellan Aerospace Corporation Announces Quarterly Cash Dividend, Payable on December 31, 2024

Upcoming dividend of CA$0.025 per share

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

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of CA$0.025 per share

Insufficient new directors

Price target increased by 9.8% to CA$14.00

First quarter dividend of CA$0.025 announced

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Magellan Aerospace Corporation Declares Quarterly Dividend, Payable on June 28, 2024

Magellan Aerospace Corporation Announces Impairment Charges for the Three Months Ended December 31, 2023

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

Upcoming dividend of CA$0.025 per share

Third quarter dividend of CA$0.025 announced

Magellan Aerospace Corporation, Annual General Meeting, Apr 30, 2024

Upcoming dividend of CA$0.025 per share at 1.3% yield

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

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

Magellan Aerospace Corporation Declares Quarterly Cash Dividend, Payable on December 29, 2023

Upcoming dividend of CA$0.025 per share at 1.4% yield

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Magellan Aerospace Corporation Declares Quarterly Cash Dividend, Payable on September 29, 2023

Upcoming dividend of CA$0.025 per share at 1.3% yield

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

Price target increased by 30% to CA$12.00

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

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target decreased by 8.3% to CA$10.00

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

Magellan Aerospace Corporation, Annual General Meeting, May 02, 2023

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

Magellan Aerospace Signs Agreement with Bae Systems for F-35 Aircraft Assemblies

Upcoming dividend of CA$0.025 per share

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

Third quarter 2022 earnings released: EPS: CA$0.01 (vs CA$0.008 in 3Q 2021)

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

Magellan Aerospace Corporation Announces Quarterly Dividend, Payable on December 30, 2022

Upcoming dividend of CA$0.05 per share

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

Second quarter 2022 earnings: Revenues miss analyst expectations

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

Magellan Aerospace Corporation Announces Quarterly Dividend, Payable on September 29, 2022

Upcoming dividend of CA$0.08 per share

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

Now 23% undervalued after recent price drop

Magellan Aerospace Corporation Announces Quarterly Dividend, Payable on June 30, 2022

First quarter 2022 earnings: Revenues miss analyst expectations

Insufficient new directors

Magellan Aerospace Corporation, Annual General Meeting, May 03, 2022

Upcoming dividend of CA$0.10 per share

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

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

Upcoming dividend of CA$0.10 per share

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

Second quarter 2021 earnings released: EPS CA$0.02 (vs CA$0.10 in 2Q 2020)

Upcoming dividend of CA$0.10 per share

First quarter 2021 earnings released: EPS CA$0.06 (vs CA$0.34 in 1Q 2020)

Magellan Aerospace Declares Quarterly Cash Dividend, Payable on June 30, 2021

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)?

Independent Director has left the company

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