MDA Ltd
TSX:MDA

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MDA Ltd
TSX:MDA
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Price: 32.22 CAD 5.09% Market Closed
Market Cap: 3.9B CAD

Relative Value

The Relative Value of one MDA stock under the Base Case scenario is 39.1 CAD. Compared to the current market price of 32.22 CAD, MDA Ltd is Undervalued by 18%.

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.

MDA Relative Value
Base Case
39.1 CAD
Undervaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
17
vs Industry
47
Median 3Y
1.8
Median 5Y
2.2
Industry
4
Forward
2.5
vs History
32
vs Industry
25
Median 3Y
35.3
Median 5Y
33.2
Industry
34.5
Forward
27.1
vs History
80
vs Industry
59
Median 3Y
12.1
Median 5Y
14.4
Industry
22.1
vs History
34
vs Industry
32
Median 3Y
10.1
Median 5Y
-2.3
Industry
30.5
vs History
3
vs Industry
47
Median 3Y
1.3
Median 5Y
1.3
Industry
3.8
vs History
19
vs Industry
47
Median 3Y
2.3
Median 5Y
2.5
Industry
3.9
Forward
2.3
vs History
19
vs Industry
47
Median 3Y
6.9
Median 5Y
7.6
Industry
14
vs History
23
vs Industry
40
Median 3Y
10.9
Median 5Y
12.1
Industry
20.2
Forward
11.8
vs History
32
vs Industry
28
Median 3Y
25.4
Median 5Y
23.8
Industry
27.5
Forward
17.4
vs History
84
vs Industry
58
Median 3Y
13.5
Median 5Y
16.7
Industry
22.5
vs History
21
vs Industry
42
Median 3Y
-10.2
Median 5Y
-10.3
Industry
28.8
vs History
5
vs Industry
61
Median 3Y
1
Median 5Y
1
Industry
2.7

Multiples Across Competitors

MDA Competitors Multiples
MDA Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
MDA Ltd
TSX:MDA
4B CAD 3.2 40.1 16.8 29.1
US
RTX Corp
LSE:0R2N
196B USD 2.4 42.6 21.7 37
US
Raytheon Technologies Corp
NYSE:RTX
195.9B USD 2.4 42.6 21.7 37
NL
Airbus SE
PAR:AIR
131.9B EUR 1.9 29.8 16.4 26.6
US
Boeing Co
NYSE:BA
149.7B USD 2.2 -12.8 -20.6 -16.8
FR
Safran SA
PAR:SAF
108.4B EUR 3.9 -162.6 19.6 26.5
US
Lockheed Martin Corp
NYSE:LMT
109.6B USD 1.5 19.9 14.1 17.2
UK
Rolls-Royce Holdings PLC
LSE:RR
76.1B GBP 4 30.2 23.1 31.9
DE
Rheinmetall AG
XETRA:RHM
78.4B EUR 7.5 104.1 42 54.3
US
TransDigm Group Inc
NYSE:TDG
81.1B USD 9.7 47.2 24.1 26.2
UK
BAE Systems PLC
LSE:BA
57.5B GBP 2.2 29.4 18.1 26.3
P/S Multiple
Revenue Growth P/S to Growth
CA
MDA Ltd
TSX:MDA
Average P/S: 3.7
3.2
23%
0.1
US
RTX Corp
LSE:0R2N
2.4
6%
0.4
US
Raytheon Technologies Corp
NYSE:RTX
2.4
6%
0.4
NL
Airbus SE
PAR:AIR
1.9
11%
0.2
US
Boeing Co
NYSE:BA
2.2
19%
0.1
FR
Safran SA
PAR:SAF
3.9
11%
0.4
US
Lockheed Martin Corp
NYSE:LMT
1.5
4%
0.4
UK
Rolls-Royce Holdings PLC
LSE:RR
4
6%
0.7
DE
Rheinmetall AG
XETRA:RHM
7.5
32%
0.2
US
TransDigm Group Inc
NYSE:TDG
9.7
9%
1.1
UK
BAE Systems PLC
LSE:BA
2.2
10%
0.2
P/E Multiple
Earnings Growth PEG
CA
MDA Ltd
TSX:MDA
Average P/E: 42.9
40.1
38%
1.1
US
RTX Corp
LSE:0R2N
42.6
28%
1.5
US
Raytheon Technologies Corp
NYSE:RTX
42.6
28%
1.5
NL
Airbus SE
PAR:AIR
29.8
22%
1.4
US
Boeing Co
NYSE:BA
Negative Multiple: -12.8 N/A N/A
FR
Safran SA
PAR:SAF
Negative Multiple: -162.6 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
19.9
12%
1.7
UK
Rolls-Royce Holdings PLC
LSE:RR
30.2
3%
10.1
DE
Rheinmetall AG
XETRA:RHM
104.1
58%
1.8
US
TransDigm Group Inc
NYSE:TDG
47.2
24%
2
UK
BAE Systems PLC
LSE:BA
29.4
13%
2.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
MDA Ltd
TSX:MDA
Average EV/EBITDA: 21.8
16.8
27%
0.6
US
RTX Corp
LSE:0R2N
21.7
17%
1.3
US
Raytheon Technologies Corp
NYSE:RTX
21.7
17%
1.3
NL
Airbus SE
PAR:AIR
16.4
19%
0.9
US
Boeing Co
NYSE:BA
Negative Multiple: -20.6 N/A N/A
FR
Safran SA
PAR:SAF
19.6
13%
1.5
US
Lockheed Martin Corp
NYSE:LMT
14.1
10%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
23.1
12%
1.9
DE
Rheinmetall AG
XETRA:RHM
42
39%
1.1
US
TransDigm Group Inc
NYSE:TDG
24.1
12%
2
UK
BAE Systems PLC
LSE:BA
18.1
11%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
MDA Ltd
TSX:MDA
Average EV/EBIT: 31.2
29.1
39%
0.7
US
RTX Corp
LSE:0R2N
37
29%
1.3
US
Raytheon Technologies Corp
NYSE:RTX
37
29%
1.3
NL
Airbus SE
PAR:AIR
26.6
26%
1
US
Boeing Co
NYSE:BA
Negative Multiple: -16.8 N/A N/A
FR
Safran SA
PAR:SAF
26.5
17%
1.6
US
Lockheed Martin Corp
NYSE:LMT
17.2
12%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
31.9
17%
1.9
DE
Rheinmetall AG
XETRA:RHM
54.3
44%
1.2
US
TransDigm Group Inc
NYSE:TDG
26.2
12%
2.2
UK
BAE Systems PLC
LSE:BA
26.3
17%
1.5