Magellan Aerospace Corp
TSX:MAL

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Magellan Aerospace Corp
TSX:MAL
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Price: 16.87 CAD -2.43%
Market Cap: 964m CAD

Relative Value

The Relative Value of one MAL stock under the Base Case scenario is 26.62 CAD. Compared to the current market price of 16.87 CAD, Magellan Aerospace Corp is Undervalued by 37%.

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
26.62 CAD
Undervaluation 37%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
85
Median 3Y
0.6
Median 5Y
0.6
Industry
4
Forward
0.9
vs History
25
vs Industry
30
Median 3Y
-24.9
Median 5Y
-24.9
Industry
33.3
Forward
18.4
vs History
39
vs Industry
50
Median 3Y
9.2
Median 5Y
8.1
Industry
21.2
vs History
20
vs Industry
35
Median 3Y
12.7
Median 5Y
8.5
Industry
28.4
vs History
1
vs Industry
80
Median 3Y
0.6
Median 5Y
0.6
Industry
3.7
vs History
1
vs Industry
86
Median 3Y
0.6
Median 5Y
0.6
Industry
3.9
Forward
1
vs History
44
vs Industry
62
Median 3Y
8.1
Median 5Y
7.4
Industry
14
vs History
31
vs Industry
57
Median 3Y
9.2
Median 5Y
7.8
Industry
20.8
Forward
7.8
vs History
25
vs Industry
47
Median 3Y
13.8
Median 5Y
12
Industry
27.1
Forward
12.9
vs History
39
vs Industry
50
Median 3Y
9.6
Median 5Y
8.3
Industry
21.8
vs History
26
vs Industry
33
Median 3Y
13.7
Median 5Y
11.6
Industry
28.8
vs History
1
vs Industry
84
Median 3Y
0.6
Median 5Y
0.6
Industry
2.6

Multiples Across Competitors

MAL Competitors Multiples
Magellan Aerospace Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Magellan Aerospace Corp
TSX:MAL
963.9m CAD 1 24.1 9.5 16.8
US
Raytheon Technologies Corp
NYSE:RTX
183.9B USD 2.2 39.9 20.6 35
US
RTX Corp
LSE:0R2N
182B USD 2.2 39.6 20.4 34.7
US
Boeing Co
NYSE:BA
162.4B USD 2.3 -13.9 -22.1 -18.1
NL
Airbus SE
PAR:AIR
131B EUR 1.9 29.6 16.3 26.4
FR
Safran SA
PAR:SAF
110.2B EUR 4 -165.1 19.9 26.9
US
Lockheed Martin Corp
NYSE:LMT
111.9B USD 1.6 20.3 14.4 17.5
UK
Rolls-Royce Holdings PLC
LSE:RR
76.1B GBP 4 30.2 23.1 31.9
DE
Rheinmetall AG
XETRA:RHM
81.8B EUR 7.8 108.6 43.9 56.7
US
TransDigm Group Inc
NYSE:TDG
81.7B USD 9.7 47.4 24.2 26.4
UK
BAE Systems PLC
LSE:BA
59.3B GBP 2.3 30.3 18.7 27
P/E Multiple
Earnings Growth PEG
CA
Magellan Aerospace Corp
TSX:MAL
Average P/E: 41.1
24.1
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
39.9
28%
1.4
US
RTX Corp
LSE:0R2N
39.6
28%
1.4
US
Boeing Co
NYSE:BA
Negative Multiple: -13.9 N/A N/A
NL
Airbus SE
PAR:AIR
29.6
22%
1.3
FR
Safran SA
PAR:SAF
Negative Multiple: -165.1 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
20.3
12%
1.7
UK
Rolls-Royce Holdings PLC
LSE:RR
30.2
3%
10.1
DE
Rheinmetall AG
XETRA:RHM
108.6
56%
1.9
US
TransDigm Group Inc
NYSE:TDG
47.4
24%
2
UK
BAE Systems PLC
LSE:BA
30.3
13%
2.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Magellan Aerospace Corp
TSX:MAL
Average EV/EBITDA: 21.1
9.5
25%
0.4
US
Raytheon Technologies Corp
NYSE:RTX
20.6
17%
1.2
US
RTX Corp
LSE:0R2N
20.4
17%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -22.1 N/A N/A
NL
Airbus SE
PAR:AIR
16.3
19%
0.9
FR
Safran SA
PAR:SAF
19.9
13%
1.5
US
Lockheed Martin Corp
NYSE:LMT
14.4
10%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
23.1
12%
1.9
DE
Rheinmetall AG
XETRA:RHM
43.9
39%
1.1
US
TransDigm Group Inc
NYSE:TDG
24.2
12%
2
UK
BAE Systems PLC
LSE:BA
18.7
11%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Magellan Aerospace Corp
TSX:MAL
Average EV/EBIT: 29.9
16.8
40%
0.4
US
Raytheon Technologies Corp
NYSE:RTX
35
29%
1.2
US
RTX Corp
LSE:0R2N
34.7
29%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -18.1 N/A N/A
NL
Airbus SE
PAR:AIR
26.4
26%
1
FR
Safran SA
PAR:SAF
26.9
17%
1.6
US
Lockheed Martin Corp
NYSE:LMT
17.5
12%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
31.9
17%
1.9
DE
Rheinmetall AG
XETRA:RHM
56.7
44%
1.3
US
TransDigm Group Inc
NYSE:TDG
26.4
12%
2.2
UK
BAE Systems PLC
LSE:BA
27
17%
1.6