Magellan Aerospace Corporation

TSX:MAL Stock Report

Market Cap: CA$452.8m

Magellan Aerospace Past Earnings Performance

Past criteria checks 2/6

Magellan Aerospace's earnings have been declining at an average annual rate of -68.5%, while the Aerospace & Defense industry saw earnings growing at 5.9% annually. Revenues have been declining at an average rate of 5.6% per year. Magellan Aerospace's return on equity is 1.3%, and it has net margins of 1.1%.

Key information

-68.5%

Earnings growth rate

-68.4%

EPS growth rate

Aerospace & Defense Industry Growth-2.0%
Revenue growth rate-5.6%
Return on equity1.3%
Net Margin1.1%
Last Earnings Update31 Dec 2023

Recent past performance 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

Revenue & Expenses Breakdown
Beta

How Magellan Aerospace makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:MAL Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 238809540
30 Sep 23849-11510
30 Jun 23827-14490
31 Mar 23800-16470
31 Dec 22765-22460
30 Sep 22749-7460
30 Jun 22725-7450
31 Mar 22700-6430
31 Dec 21688-1420
30 Sep 21690-18430
30 Jun 21687-19440
31 Mar 21682-13460
31 Dec 207443500
30 Sep 2081136540
30 Jun 2088351570
31 Mar 2098567600
31 Dec 191,01667600
30 Sep 191,02488590
30 Jun 191,01590580
31 Mar 1999292560
31 Dec 1896789560
30 Sep 1894591560
30 Jun 1894191560
31 Mar 1895287570
31 Dec 17955109580
30 Sep 17970102570
30 Jun 17985102570
31 Mar 17986105560
31 Dec 161,00489560
30 Sep 161,00990560
30 Jun 161,00889570
31 Mar 1698984570
31 Dec 1595179550
30 Sep 1590872520
30 Jun 1587467510
31 Mar 1586164480
31 Dec 1484357470
30 Sep 1483055460
30 Jun 1480952450
31 Mar 1477750450
31 Dec 1375245440
30 Sep 1374351420
30 Jun 1372356400

Quality Earnings: MAL has high quality earnings.

Growing Profit Margin: MAL became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MAL's earnings have declined by 68.5% per year over the past 5 years.

Accelerating Growth: MAL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MAL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (18.6%).


Return on Equity

High ROE: MAL's Return on Equity (1.3%) is considered low.


Return on Assets


Return on Capital Employed


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