Magna International Future Growth

Future criteria checks 2/6

Magna International is forecast to grow earnings and revenue by 16.2% and 1.4% per annum respectively. EPS is expected to grow by 20.5% per annum. Return on equity is forecast to be 14.9% in 3 years.

Key information

16.2%

Earnings growth rate

20.5%

EPS growth rate

Auto Components earnings growth	27.7%
Revenue growth rate	1.4%
Future return on equity	14.9%
Analyst coverage	Good
Last updated	24 Dec 2024

Recent future growth updates

Recent updates

Magna International: Weak Customer Positioning Creates Uncertain Future

Dec 16

Magna International: An Undervalued Stock With Double-Digit Long-Term Dividend Growth Rate

Oct 14

Magna International Stock: Well Placed To Benefit From The Upcoming Auto Industry Transformation

Feb 22

Earnings and Revenue Growth Forecasts

NYSE:MGA - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	44,649	2,166	1,389	3,134	2
12/31/2026	43,637	1,808	1,695	3,501	10
12/31/2025	42,917	1,566	1,346	3,301	17
12/31/2024	42,559	1,334	914	2,940	17
9/30/2024	42,662	1,077	889	3,302	N/A
6/30/2024	43,070	987	830	3,372	N/A
3/31/2024	43,094	1,013	639	3,183	N/A
12/31/2023	42,797	1,213	649	3,149	N/A
9/30/2023	41,911	1,037	521	2,827	N/A
6/30/2023	40,491	932	203	2,268	N/A
3/31/2023	38,871	437	250	2,142	N/A
12/31/2022	37,840	592	414	2,095	N/A
9/30/2022	37,382	961	710	2,190	N/A
6/30/2022	36,033	683	902	2,352	N/A
3/31/2022	35,705	1,263	1,061	2,459	N/A
12/31/2021	36,242	1,514	1,568	2,940	N/A
9/30/2021	37,700	1,788	2,465	3,848	N/A
6/30/2021	38,910	2,182	3,798	5,060	N/A
3/31/2021	34,169	1,111	2,146	3,300	N/A
12/31/2020	32,647	757	2,133	3,278	N/A
9/30/2020	31,474	459	1,617	2,715	N/A
6/30/2020	31,664	-179	619	1,853	N/A
3/31/2020	37,497	920	2,612	4,005	N/A
12/31/2019	39,431	1,765	2,519	3,960	N/A
9/30/2019	40,173	1,781	2,287	3,862	N/A
6/30/2019	40,472	2,568	2,581	4,188	N/A
3/31/2019	40,626	2,742	2,077	3,735	N/A
12/31/2018	40,827	2,296	2,068	3,718	N/A
9/30/2018	40,374	2,399	1,815	3,569	N/A
6/30/2018	39,620	2,357	N/A	3,375	N/A
3/31/2018	38,480	2,279	N/A	3,466	N/A
12/31/2017	36,588	2,196	N/A	3,346	N/A
9/30/2017	36,157	2,115	N/A	3,615	N/A
6/30/2017	36,142	2,106	N/A	3,390	N/A
3/31/2017	36,445	2,116	N/A	3,420	N/A
12/31/2016	36,445	2,031	N/A	3,266	N/A
9/30/2016	35,760	2,036	N/A	2,564	N/A
6/30/2016	34,572	2,003	N/A	2,503	N/A
3/31/2016	33,262	1,983	N/A	2,355	N/A
12/31/2015	32,134	1,946	N/A	2,332	N/A
9/30/2015	32,356	1,979	N/A	2,305	N/A
6/30/2015	32,942	1,996	N/A	2,440	N/A
3/31/2015	33,720	1,977	N/A	2,610	N/A
12/31/2014	34,403	1,924	N/A	2,822	N/A
9/30/2014	34,787	1,866	N/A	3,093	N/A
6/30/2014	34,878	1,698	N/A	2,826	N/A
3/31/2014	34,929	1,594	N/A	2,908	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MGA's forecast earnings growth (16.2% per year) is above the savings rate (2.6%).

Earnings vs Market: MGA's earnings (16.2% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: MGA's earnings are forecast to grow, but not significantly.

Revenue vs Market: MGA's revenue (1.4% per year) is forecast to grow slower than the US market (9% per year).

High Growth Revenue: MGA's revenue (1.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MGA's Return on Equity is forecast to be low in 3 years time (14.9%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 01:59
End of Day Share Price	2025/01/02 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

Magna International Inc. is covered by 42 analysts. 17 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
Will Chien	Accountability Research Corporation
Dan Levy	Barclays
Tamy Chen	BMO Capital Markets Equity Research

Magna International Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Magna International Inc. Updates Earnings Guidance for the Year 2024

Magna International Inc. Revises Earnings Guidance for the Year 2023

Magna International Inc. Provides Earnings Guidance for the Year 2023

Price target decreased by 7.2% to US$65.20

Magna International Inc. Provides Earnings Guidance for the Year 2022

Magna International Inc. Revises Earnings Guidance for the Full Year 2022

Recent updates

Magna International: Weak Customer Positioning Creates Uncertain Future

Third quarter dividend of US$0.47 announced

Magna International Inc. Updates Earnings Guidance for the Year 2024

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Magna International: An Undervalued Stock With Double-Digit Long-Term Dividend Growth Rate

Second quarter dividend of US$0.47 announced

Second quarter 2024 earnings: EPS misses analyst expectations

Magna International Inc. announced that it expects to receive CAD 450 million in funding

First quarter dividend of US$0.47 announced

First quarter 2024 earnings: EPS misses analyst expectations

Magna International: A Global Automotive Supplier Currently On An Upswing

Magna: Attractive Entry For Long Term Returns

Upcoming dividend of US$0.47 per share at 3.4% yield

Magna International Inc., Annual General Meeting, May 09, 2024

Fourth quarter dividend increased to US$0.47

Full year 2023 earnings: EPS misses analyst expectations

Magna International Inc. Declares Dividend for the Fourth Quarter of 2024, Payable on March 8, 2024

Magna International: Margins Need To Improve

Magna International Inc. to Report Q4, 2023 Results on Feb 09, 2024

Burtech Acquisition Corp. (NasdaqGM:BRKH) entered into a definitive agreement to acquire Blaize, Inc. from a group of shareholders.

Upcoming dividend of US$0.46 per share at 3.6% yield

Magna International Inc. Declares Third Quarter Dividend, Payable on December 1, 2023

Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Magna Introduces Industry-First, 100% Melt Recyclable Foam and Trim Seating Solutions

Upcoming dividend of US$0.46 per share at 3.1% yield

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Magna International Inc. Revises Earnings Guidance for the Year 2023

Magna to Launch Industry-First Award With Modular eDecoupling Unit for BEVS

Upcoming dividend of US$0.46 per share at 3.5% yield

Magna International Inc. Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Insider recently sold US$219k worth of stock

Magna International: Management Needs To Step Up On Communication

Upcoming dividend of US$0.46 per share at 3.3% yield

Price target decreased by 7.2% to US$65.20

Investor sentiment deteriorates as stock falls 17%

Full year 2022 earnings: EPS misses analyst expectations

Magna International Inc., Annual General Meeting, May 11, 2023

Magna International Q4 2022 Earnings Preview

Magna International Inc. Provides Earnings Guidance for the Year 2022

Magna guides 2022 EBIT margin below prior estimates

Magna's ClearView(TM) Vision System Comes to Market on Ram Trucks

Magna International Inc. to Report Q4, 2022 Results on Feb 10, 2023

Magna International Inc. Introduces Offers New Possibilities in Automotive Design

Magna to acquire Veoneer Active Safety Business for $1.525B

High number of new directors

Magna International goes ex-dividend tomorrow

Upcoming dividend of US$0.45 per share

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Magna International Inc. Declares Third Quarter Dividend, Payable on December 2, 2022

Magna International Q3 2022 Earnings Preview

Magna's 48-Volt Hybrid Transmission System Started Production with Stellantis

Magna’s 48-Volt hybrid transmission makes debut on Stellantis models

Magna International Inc. Continues to Deliver Key Technologies That Address Trends Toward Vehicle Accessibility, Rear Thermoplastic Swing Doors

Magna Develops and Pilots Autonomous, On-Road Last-Mile Delivery Solution

Insider recently sold US$191k worth of stock

Magna to manufacture Cartken's autonomous delivery robot fleet

High number of new directors

Upcoming dividend of US$0.45 per share

Magna International Inc. Revises Earnings Guidance for the Full Year 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Magna: 25% Cheaper With A Decent Upside

Morgan Stanley cuts Magna price target to $79

Investor sentiment deteriorated over the past week

Magna International Inc. Illuminates the Future of Styling with Breakthrough Lighting Solution Known as Litgate

Magna: Inflationary Pressures Continue To Dominate

High number of new directors

Upcoming dividend of US$0.45 per share

Magna’s Surround View System Launches on All-New Toyota Tundra