Magellan Aerospace Corp
TSX:MAL

Watchlist Manager
Magellan Aerospace Corp Logo
Magellan Aerospace Corp
TSX:MAL
Watchlist
Price: 17.9 CAD 4.07% Market Closed
Market Cap: 1B CAD

Relative Value

The Relative Value of one MAL stock under the Base Case scenario is 31.16 CAD. Compared to the current market price of 17.9 CAD, Magellan Aerospace Corp is Undervalued by 43%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MAL Relative Value
Base Case
31.16 CAD
Undervaluation 43%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
85
Median 3Y
0.6
Median 5Y
0.6
Industry
4.4
Forward
1
vs History
30
vs Industry
30
Median 3Y
20.6
Median 5Y
-24.9
Industry
34.3
Forward
22.3
vs History
31
vs Industry
50
Median 3Y
9.1
Median 5Y
9.1
Industry
20.5
vs History
14
vs Industry
35
Median 3Y
15.8
Median 5Y
11.3
Industry
32.6
vs History
1
vs Industry
80
Median 3Y
0.7
Median 5Y
0.7
Industry
4.1
vs History
3
vs Industry
86
Median 3Y
0.6
Median 5Y
0.7
Industry
4.6
Forward
1
vs History
49
vs Industry
62
Median 3Y
7.3
Median 5Y
7.8
Industry
14.1
vs History
44
vs Industry
57
Median 3Y
8.4
Median 5Y
8.6
Industry
19.7
Forward
8.8
vs History
38
vs Industry
47
Median 3Y
14.7
Median 5Y
14.3
Industry
26.7
Forward
15.3
vs History
36
vs Industry
50
Median 3Y
9.4
Median 5Y
9.4
Industry
21.4
vs History
23
vs Industry
33
Median 3Y
13.7
Median 5Y
12.8
Industry
27
vs History
1
vs Industry
84
Median 3Y
0.6
Median 5Y
0.6
Industry
2.8

Multiples Across Competitors

MAL Competitors Multiples
Magellan Aerospace Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Magellan Aerospace Corp
TSX:MAL
1B CAD 1 22.8 9 15.3
US
Raytheon Technologies Corp
NYSE:RTX
239.5B USD 2.8 36.3 21 31.6
US
RTX Corp
LSE:0R2N
237.3B USD 2.8 36 20.8 31.3
NL
Airbus SE
PAR:AIR
154.9B EUR 2.1 30.6 18.1 27.5
US
Boeing Co
NYSE:BA
155.3B USD 1.9 -15.3 -27.2 -21
FR
Safran SA
PAR:SAF
122.5B EUR 4.2 28.4 20.6 26.8
UK
Rolls-Royce Holdings PLC
LSE:RR
93.2B GBP 4.8 16.1 22 28
US
Lockheed Martin Corp
NYSE:LMT
110.5B USD 1.5 26.3 16.3 20.7
US
General Dynamics Corp
NYSE:GD
91.2B USD 1.8 21.6 15.7 18.4
DE
Rheinmetall AG
XETRA:RHM
71.8B EUR 6.5 85.4 37 49.1
US
Northrop Grumman Corp
NYSE:NOC
81.4B USD 2 20.2 17 23.1
P/E Multiple
Earnings Growth PEG
CA
Magellan Aerospace Corp
TSX:MAL
Average P/E: 32.4
22.8
39%
0.6
US
Raytheon Technologies Corp
NYSE:RTX
36.3
29%
1.3
US
RTX Corp
LSE:0R2N
36
29%
1.2
NL
Airbus SE
PAR:AIR
30.6
22%
1.4
US
Boeing Co
NYSE:BA
Negative Multiple: -15.3 N/A N/A
FR
Safran SA
PAR:SAF
28.4
N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
16.1
8%
2
US
Lockheed Martin Corp
NYSE:LMT
26.3
11%
2.4
US
General Dynamics Corp
NYSE:GD
21.6
11%
2
DE
Rheinmetall AG
XETRA:RHM
85.4
60%
1.4
US
Northrop Grumman Corp
NYSE:NOC
20.2
3%
6.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Magellan Aerospace Corp
TSX:MAL
Average EV/EBITDA: 19.7
9
22%
0.4
US
Raytheon Technologies Corp
NYSE:RTX
21
18%
1.2
US
RTX Corp
LSE:0R2N
20.8
18%
1.2
NL
Airbus SE
PAR:AIR
18.1
20%
0.9
US
Boeing Co
NYSE:BA
Negative Multiple: -27.2 N/A N/A
FR
Safran SA
PAR:SAF
20.6
16%
1.3
UK
Rolls-Royce Holdings PLC
LSE:RR
22
17%
1.3
US
Lockheed Martin Corp
NYSE:LMT
16.3
10%
1.6
US
General Dynamics Corp
NYSE:GD
15.7
10%
1.6
DE
Rheinmetall AG
XETRA:RHM
37
42%
0.9
US
Northrop Grumman Corp
NYSE:NOC
17
6%
2.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Magellan Aerospace Corp
TSX:MAL
Average EV/EBIT: 27.2
15.3
35%
0.4
US
Raytheon Technologies Corp
NYSE:RTX
31.6
31%
1
US
RTX Corp
LSE:0R2N
31.3
31%
1
NL
Airbus SE
PAR:AIR
27.5
27%
1
US
Boeing Co
NYSE:BA
Negative Multiple: -21 N/A N/A
FR
Safran SA
PAR:SAF
26.8
19%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
28
21%
1.3
US
Lockheed Martin Corp
NYSE:LMT
20.7
12%
1.7
US
General Dynamics Corp
NYSE:GD
18.4
11%
1.7
DE
Rheinmetall AG
XETRA:RHM
49.1
45%
1.1
US
Northrop Grumman Corp
NYSE:NOC
23.1
7%
3.3