Magellan Aerospace Corp
TSX:MAL

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Magellan Aerospace Corp
TSX:MAL
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Price: 15.37 CAD -2.41% Market Closed
Market Cap: 878.2m CAD

Relative Value

The Relative Value of one MAL stock under the Base Case scenario is 18.19 CAD. Compared to the current market price of 15.37 CAD, Magellan Aerospace Corp is Undervalued by 16%.

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
18.19 CAD
Undervaluation 16%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
85
Median 3Y
0.6
Median 5Y
0.6
Industry
4
Forward
0.9
vs History
23
vs Industry
30
Median 3Y
-24.9
Median 5Y
-24.9
Industry
33.3
Forward
16.7
vs History
41
vs Industry
50
Median 3Y
9.1
Median 5Y
8.1
Industry
22.4
vs History
20
vs Industry
35
Median 3Y
12.7
Median 5Y
8.5
Industry
29.9
vs History
0
vs Industry
80
Median 3Y
0.6
Median 5Y
0.6
Industry
3.7
vs History
0
vs Industry
86
Median 3Y
0.6
Median 5Y
0.6
Industry
4
Forward
0.9
vs History
42
vs Industry
62
Median 3Y
8.1
Median 5Y
7.5
Industry
13.5
vs History
28
vs Industry
57
Median 3Y
9.2
Median 5Y
8.4
Industry
20.8
Forward
7.5
vs History
23
vs Industry
47
Median 3Y
14.3
Median 5Y
12
Industry
28.1
Forward
12.8
vs History
44
vs Industry
50
Median 3Y
9.4
Median 5Y
8.3
Industry
23.1
vs History
33
vs Industry
33
Median 3Y
13.2
Median 5Y
11.6
Industry
32
vs History
0
vs Industry
84
Median 3Y
0.6
Median 5Y
0.6
Industry
2.7

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
878.2m CAD 0.9 24.7 9.5 18.1
US
Raytheon Technologies Corp
NYSE:RTX
183.3B USD 2.2 39.8 20.5 34.9
US
RTX Corp
LSE:0R2N
182.2B USD 2.2 39.6 20.4 34.7
US
Boeing Co
NYSE:BA
154.6B USD 2.2 -13.3 -21.2 -17.3
NL
Airbus SE
PAR:AIR
127.5B EUR 1.8 28.8 15.9 25.7
FR
Safran SA
PAR:SAF
108B EUR 3.9 -161.9 19.5 26.4
US
Lockheed Martin Corp
NYSE:LMT
110.2B USD 1.5 20 14.2 17.3
UK
Rolls-Royce Holdings PLC
LSE:RR
69.7B GBP 3.7 27.6 21.1 29.2
DE
Rheinmetall AG
XETRA:RHM
78.1B EUR 7.5 103.8 41.9 54.1
US
TransDigm Group Inc
NYSE:TDG
81B USD 9.7 47.1 24 26.2
US
General Dynamics Corp
NYSE:GD
75.5B USD 1.5 19 13.8 16.2
P/E Multiple
Earnings Growth PEG
CA
Magellan Aerospace Corp
TSX:MAL
Average P/E: 38.9
24.7
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
39.8
28%
1.4
US
RTX Corp
LSE:0R2N
39.6
28%
1.4
US
Boeing Co
NYSE:BA
Negative Multiple: -13.3 N/A N/A
NL
Airbus SE
PAR:AIR
28.8
22%
1.3
FR
Safran SA
PAR:SAF
Negative Multiple: -161.9 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
20
12%
1.7
UK
Rolls-Royce Holdings PLC
LSE:RR
27.6
3%
9.2
DE
Rheinmetall AG
XETRA:RHM
103.8
56%
1.9
US
TransDigm Group Inc
NYSE:TDG
47.1
24%
2
US
General Dynamics Corp
NYSE:GD
19
10%
1.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Magellan Aerospace Corp
TSX:MAL
Average EV/EBITDA: 20.1
9.5
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
20.5
17%
1.2
US
RTX Corp
LSE:0R2N
20.4
17%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -21.2 N/A N/A
NL
Airbus SE
PAR:AIR
15.9
20%
0.8
FR
Safran SA
PAR:SAF
19.5
13%
1.5
US
Lockheed Martin Corp
NYSE:LMT
14.2
10%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
21.1
12%
1.8
DE
Rheinmetall AG
XETRA:RHM
41.9
36%
1.2
US
TransDigm Group Inc
NYSE:TDG
24
13%
1.8
US
General Dynamics Corp
NYSE:GD
13.8
8%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Magellan Aerospace Corp
TSX:MAL
Average EV/EBIT: 28.3
18.1
N/A N/A
US
Raytheon Technologies Corp
NYSE:RTX
34.9
29%
1.2
US
RTX Corp
LSE:0R2N
34.7
29%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -17.3 N/A N/A
NL
Airbus SE
PAR:AIR
25.7
27%
1
FR
Safran SA
PAR:SAF
26.4
17%
1.6
US
Lockheed Martin Corp
NYSE:LMT
17.3
12%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
29.2
17%
1.7
DE
Rheinmetall AG
XETRA:RHM
54.1
42%
1.3
US
TransDigm Group Inc
NYSE:TDG
26.2
12%
2.2
US
General Dynamics Corp
NYSE:GD
16.2
9%
1.8