MDA Ltd
TSX:MDA

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MDA Ltd
TSX:MDA
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Price: 25.82 CAD 5.13% Market Closed
Market Cap: 3.3B CAD

Relative Value

The Relative Value of one MDA stock under the Base Case scenario is 39.42 CAD. Compared to the current market price of 25.82 CAD, MDA Ltd is Undervalued by 35%.

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
39.42 CAD
Undervaluation 35%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
48
vs Industry
47
Median 3Y
2
Median 5Y
2.2
Industry
4.4
Forward
2.1
vs History
65
vs Industry
25
Median 3Y
33
Median 5Y
33.2
Industry
34.5
Forward
18.7
vs History
79
vs Industry
59
Median 3Y
7.5
Median 5Y
13.6
Industry
20.6
vs History
39
vs Industry
32
Median 3Y
10.7
Median 5Y
3.3
Industry
33.4
vs History
22
vs Industry
47
Median 3Y
1.6
Median 5Y
1.4
Industry
4.1
vs History
58
vs Industry
47
Median 3Y
2.4
Median 5Y
2.5
Industry
4.6
Forward
2.2
vs History
39
vs Industry
47
Median 3Y
8.7
Median 5Y
8.5
Industry
14.2
vs History
48
vs Industry
40
Median 3Y
13.4
Median 5Y
12.7
Industry
19.7
Forward
11.4
vs History
51
vs Industry
28
Median 3Y
24.1
Median 5Y
24
Industry
26.8
Forward
22.5
vs History
77
vs Industry
58
Median 3Y
9
Median 5Y
15.7
Industry
21.5
vs History
18
vs Industry
42
Median 3Y
-8.7
Median 5Y
-9.6
Industry
26.5
vs History
34
vs Industry
61
Median 3Y
1.1
Median 5Y
1
Industry
2.8

Multiples Across Competitors

MDA Competitors Multiples
MDA Ltd 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
MDA Ltd
TSX:MDA
3.4B CAD 2.2 29.8 13.7 24.8
US
Raytheon Technologies Corp
NYSE:RTX
248.8B USD 2.9 37.7 21.7 32.6
US
RTX Corp
LSE:0R2N
242.7B USD 2.8 36.8 21.2 31.9
NL
Airbus SE
PAR:AIR
154.5B EUR 2.1 30.5 18.1 27.4
US
Boeing Co
NYSE:BA
164.4B USD 2 -16.2 -28.6 -22.1
FR
Safran SA
PAR:SAF
126.7B EUR 4.3 29.3 21.2 27.7
UK
Rolls-Royce Holdings PLC
LSE:RR
97.7B GBP 5 16.9 23 29.4
US
Lockheed Martin Corp
NYSE:LMT
111.3B USD 1.5 26.5 16.4 20.8
US
General Dynamics Corp
NYSE:GD
93.1B USD 1.8 22.1 16 18.8
DE
Rheinmetall AG
XETRA:RHM
70.9B EUR 6.4 84.5 36.6 48.5
US
Northrop Grumman Corp
NYSE:NOC
83.2B USD 2 20.7 17.3 23.5
P/E Multiple
Earnings Growth PEG
CA
MDA Ltd
TSX:MDA
Average P/E: 33.5
29.8
40%
0.7
US
Raytheon Technologies Corp
NYSE:RTX
37.7
29%
1.3
US
RTX Corp
LSE:0R2N
36.8
29%
1.3
NL
Airbus SE
PAR:AIR
30.5
22%
1.4
US
Boeing Co
NYSE:BA
Negative Multiple: -16.2 N/A N/A
FR
Safran SA
PAR:SAF
29.3
N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
16.9
8%
2.1
US
Lockheed Martin Corp
NYSE:LMT
26.5
11%
2.4
US
General Dynamics Corp
NYSE:GD
22.1
11%
2
DE
Rheinmetall AG
XETRA:RHM
84.5
60%
1.4
US
Northrop Grumman Corp
NYSE:NOC
20.7
3%
6.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
MDA Ltd
TSX:MDA
Average EV/EBITDA: 20.5
13.7
26%
0.5
US
Raytheon Technologies Corp
NYSE:RTX
21.7
18%
1.2
US
RTX Corp
LSE:0R2N
21.2
18%
1.2
NL
Airbus SE
PAR:AIR
18.1
20%
0.9
US
Boeing Co
NYSE:BA
Negative Multiple: -28.6 N/A N/A
FR
Safran SA
PAR:SAF
21.2
16%
1.3
UK
Rolls-Royce Holdings PLC
LSE:RR
23
17%
1.4
US
Lockheed Martin Corp
NYSE:LMT
16.4
10%
1.6
US
General Dynamics Corp
NYSE:GD
16
10%
1.6
DE
Rheinmetall AG
XETRA:RHM
36.6
42%
0.9
US
Northrop Grumman Corp
NYSE:NOC
17.3
6%
2.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
MDA Ltd
TSX:MDA
Average EV/EBIT: 28.6
24.8
24%
1
US
Raytheon Technologies Corp
NYSE:RTX
32.6
31%
1.1
US
RTX Corp
LSE:0R2N
31.9
31%
1
NL
Airbus SE
PAR:AIR
27.4
27%
1
US
Boeing Co
NYSE:BA
Negative Multiple: -22.1 N/A N/A
FR
Safran SA
PAR:SAF
27.7
19%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
29.4
21%
1.4
US
Lockheed Martin Corp
NYSE:LMT
20.8
12%
1.7
US
General Dynamics Corp
NYSE:GD
18.8
11%
1.7
DE
Rheinmetall AG
XETRA:RHM
48.5
45%
1.1
US
Northrop Grumman Corp
NYSE:NOC
23.5
7%
3.4