MGA 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.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
Magna International Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$55.68 |
| 52 Week High | CA$68.92 |
| 52 Week Low | CA$46.71 |
| Beta | 1.69 |
| 1 Month Change | 4.06% |
| 3 Month Change | -5.55% |
| 1 Year Change | -9.17% |
| 3 Year Change | -12.33% |
| 5 Year Change | 22.37% |
| Change since IPO | 3,025.89% |
Recent News & Updates
Recent updates
Magna International: Management Needs To Step Up On Communication
Feb 16Magna International Q4 2022 Earnings Preview
Feb 09Magna guides 2022 EBIT margin below prior estimates
Jan 24Magna to acquire Veoneer Active Safety Business for $1.525B
Dec 20Magna International goes ex-dividend tomorrow
Nov 16Magna International Q3 2022 Earnings Preview
Nov 03Magna’s 48-Volt hybrid transmission makes debut on Stellantis models
Oct 26Magna to manufacture Cartken's autonomous delivery robot fleet
Sep 07Magna: 25% Cheaper With A Decent Upside
Jul 27Morgan Stanley cuts Magna price target to $79
Jul 14Magna: Inflationary Pressures Continue To Dominate
May 17Magna: Valuation Improves Just Enough, Upgrading To A Buy
Mar 06Magna International Stock: Well Placed To Benefit From The Upcoming Auto Industry Transformation
Feb 22Magna Could Go Either Way, But A 'Hold' For Now
Jan 07Magna Disappoints: Team Transitory Takes Another Black Eye
Oct 20Magna Got Bailed Out Of Expensive Veoneer Deal By QUALCOMM
Aug 20Magna Buys Veoneer: How This Impacts Your Returns
Jul 25Is Magna International Stock A Buy After Goldman Sachs's Big Upgrade?
Jul 15Magna International: Valuation Seems Stretched After Recent Run-Up
Jul 01Magna International EPS beats by $0.29, beats on revenue; raises outlook
May 06Magna: Providing Investors With Electric Vehicle Exposure And Dividend Growth
Apr 27Shareholder Returns
| MGA | US Auto Components | US Market | |
|---|---|---|---|
| 7D | 1.7% | -1.5% | 1.1% |
| 1Y | -9.2% | -3.0% | 11.7% |
Return vs Industry: MGA underperformed the US Auto Components industry which returned -2.8% over the past year.
Return vs Market: MGA underperformed the US Market which returned 11.9% over the past year.
Price Volatility
| MGA volatility | |
|---|---|
| MGA Average Weekly Movement | 4.9% |
| Auto Components Industry Average Movement | 5.9% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: MGA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MGA's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1957 | 181,000 | Swamy Kotagiri | https://www.magna.com |
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, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, quarter windows, encapsulated glasses, and side doors.
Magna International Inc. Fundamentals Summary
| MGA fundamental statistics | |
|---|---|
| Market Cap | US$15.95b |
| Earnings (TTM) | US$1.04b |
| Revenue (TTM) | US$41.91b |
15.4x
P/E Ratio0.4x
P/S RatioIs MGA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGA income statement (TTM) | |
|---|---|
| Revenue | US$41.91b |
| Cost of Revenue | US$36.63b |
| Gross Profit | US$5.28b |
| Other Expenses | US$4.25b |
| Earnings | US$1.04b |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.62 |
| Gross Margin | 12.61% |
| Net Profit Margin | 2.47% |
| Debt/Equity Ratio | 47.1% |
How did MGA perform over the long term?
See historical performance and comparison