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Last update at 2024-12-19T17:27:00Z
Magna International Inc. (MGA): An Oversold Large Cap Stock To Buy Now
Sun 20 Oct 24, 07:53 PMMagna International Inc.'s (TSE:MG) Dismal Stock Performance Reflects Weak Fundamentals
Mon 14 Oct 24, 05:55 PMMagna International Inc. (MGA): Analysts Are Bullish On This Undervalued Canadian Stock Now
Sun 13 Oct 24, 06:21 PMMagna price target lowered to $41 from $44 at Goldman Sachs
Wed 02 Oct 24, 12:01 PMWhat Does Magna International Inc.'s (TSE:MG) Share Price Indicate?
Wed 18 Sep 24, 05:43 PMHere's Why Investors Should Avoid Magna (MGA) Stock Right Now
Mon 26 Aug 24, 03:12 PMMagna (MGA) Shares Fall 7.9% Since Q2 Earnings Miss Estimates
Wed 14 Aug 24, 02:26 PMDo These 3 Checks Before Buying Magna International Inc. (TSE:MG) For Its Upcoming Dividend
Sun 11 Aug 24, 12:38 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 878.00M | 1948.00M | 1006.00M | 2223.00M | 2951.00M |
Minority interest | -49.00000M | -39.00000M | 350.00M | 300.00M | 458.00M |
Net income | 592.00M | 1514.00M | 757.00M | 1765.00M | 2296.00M |
Selling general administrative | 1660.00M | 1717.00M | 1587.00M | 1697.00M | 1664.00M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 4652.00M | 5145.00M | 4440.00M | 5409.00M | 5772.00M |
Reconciled depreciation | 1419.00M | 1512.00M | 1366.00M | 1278.00M | 1278.00M |
Ebit | 1707.00M | 1948.00M | 1695.00M | 2567.00M | 3127.00M |
Ebitda | 3126.00M | 3620.00M | 3061.00M | 3912.00M | 4405.00M |
Depreciation and amortization | 1419.00M | 1672.00M | 1366.00M | 1345.00M | 1278.00M |
Non operating income net other | - | - | - | - | - |
Operating income | 1707.00M | 1948.00M | 1695.00M | 2567.00M | 3127.00M |
Other operating expenses | 36267.00M | 34326.00M | 31160.00M | 37064.00M | 37997.00M |
Interest expense | 126.00M | 122.00M | 105.00M | 104.00M | 113.00M |
Tax provision | 237.00M | 395.00M | 329.00M | 591.00M | 608.00M |
Interest income | 45.00M | 44.00M | 19.00M | 22.00M | 20.00M |
Net interest income | -81.00000M | -78.00000M | -86.00000M | -82.00000M | -93.00000M |
Extraordinary items | - | - | - | - | -11.00000M |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 237.00M | 395.00M | 329.00M | 591.00M | 619.00M |
Total revenue | 37840.00M | 36242.00M | 32647.00M | 39431.00M | 40827.00M |
Total operating expenses | 3079.00M | 3229.00M | 2953.00M | 3042.00M | 2942.00M |
Cost of revenue | 33188.00M | 31097.00M | 28207.00M | 34022.00M | 35055.00M |
Total other income expense net | -829.00000M | 110.00M | -689.00000M | -344.00000M | -176.00000M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 641.00M | 1553.00M | 677.00M | 1632.00M | 2332.00M |
Net income applicable to common shares | 592.00M | 1514.00M | 757.00M | 1765.00M | 2296.00M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 32255.00M | 27789.00M | 29086.00M | 28605.00M | 25790.00M |
Intangible assets | 876.00M | 452.00M | 493.00M | 481.00M | 484.00M |
Earning assets | - | - | - | - | - |
Other current assets | 352.00M | 320.00M | 278.00M | 260.00M | 238.00M |
Total liab | 19978.00M | 16454.00M | 16861.00M | 16885.00M | 14659.00M |
Total stockholder equity | 11884.00M | 10935.00M | 11836.00M | 11370.00M | 10831.00M |
Deferred long term liab | - | 679.00M | 668.00M | 694.00M | 683.00M |
Other current liab | 3663.00M | 3061.00M | 3207.00M | 3107.00M | 2570.00M |
Common stock | 3354.00M | 3299.00M | 3403.00M | 3271.00M | 3198.00M |
Capital stock | 3354.00M | 3299.00M | 3403.00M | 3271.00M | 3198.00M |
Retained earnings | 9303.00M | 8639.00M | 9231.00M | 8704.00M | 8596.00M |
Other liab | - | 1321.00M | 1516.00M | 1513.00M | 1467.00M |
Good will | 2767.00M | 2031.00M | 2122.00M | 2095.00M | 1976.00M |
Other assets | - | 1464.00M | 1383.00M | 1335.00M | 1304.00M |
Cash | 1198.00M | 1234.00M | 2948.00M | 3268.00M | 1276.00M |
Cash and equivalents | - | 720.00M | 1984.00M | 1987.00M | - |
Total current liabilities | 13234.00M | 10998.00M | 10401.00M | 9743.00M | 8529.00M |
Current deferred revenue | - | - | - | - | - |
Net debt | 6025.00M | 3839.00M | 2725.00M | 2731.00M | 3718.00M |
Short term debt | 1729.00M | 938.00M | 729.00M | 370.00M | 331.00M |
Short long term debt | 1330.00M | 662.00M | 455.00M | 129.00M | 106.00M |
Short long term debt total | 7223.00M | 5073.00M | 5673.00M | 5999.00M | 4994.00M |
Other stockholder equity | 125.00M | 111.00M | 102.00M | 128.00M | 127.00M |
Property plant equipment | - | 9768.00M | 9993.00M | 10381.00M | 10071.00M |
Total current assets | 14037.00M | 12525.00M | 13502.00M | 13366.00M | 10745.00M |
Long term investments | 1239.00M | 1429.00M | 1593.00M | 947.00M | 1210.00M |
Net tangible assets | - | 8452.00M | 9221.00M | 8794.00M | 8371.00M |
Short term investments | - | - | - | - | 724.00M |
Net receivables | 7881.00M | 6791.00M | 6307.00M | 6394.00M | 5927.00M |
Long term debt | 4175.00M | 2847.00M | 3538.00M | 3973.00M | 3062.00M |
Inventory | 4606.00M | 4180.00M | 3969.00M | 3444.00M | 3304.00M |
Accounts payable | 7842.00M | 6999.00M | 6465.00M | 6266.00M | 5628.00M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -898.00000M | -1114.00000M | -900.00000M | -733.00000M | -1090.00000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | 3271.00M | 3198.00M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 1353.00M | 1235.00M | 1166.00M | 963.00M | 996.00M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 18218.00M | 15264.00M | 15584.00M | 15239.00M | 15045.00M |
Capital lease obligations | 1718.00M | 1564.00M | 1680.00M | 1897.00M | 1848.00M |
Long term debt total | - | 2847.00M | 3538.00M | 3973.00M | 3062.00M |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Investments | -4286.00000M | -2038.00000M | -988.00000M | -1400.00000M | -2276.00000M |
Change to liabilities | - | 812.00M | 160.00M | 274.00M | -519.00000M |
Total cashflows from investing activities | - | -2038.00000M | -2283.00000M | -1400.00000M | -434.00000M |
Net borrowings | - | -391.00000M | -167.00000M | 683.00M | -1226.00000M |
Total cash from financing activities | 1337.00M | -1733.00000M | -1106.00000M | 81.00M | -2947.00000M |
Change to operating activities | - | 227.00M | 67.00M | 289.00M | 42.00M |
Net income | 1286.00M | 641.00M | 1553.00M | 677.00M | 1632.00M |
Change in cash | -36.00000M | -1714.00000M | -426.00000M | 1982.00M | 590.00M |
Begin period cash flow | 1234.00M | 2948.00M | 3374.00M | 1392.00M | 802.00M |
End period cash flow | 1198.00M | 1234.00M | 2948.00M | 3374.00M | 1392.00M |
Total cash from operating activities | 3149.00M | 2095.00M | 2940.00M | 3278.00M | 3960.00M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 1748.00M | 1419.00M | 1512.00M | 1366.00M | 1345.00M |
Other cashflows from investing activities | - | -357.00000M | 50.00M | -206.00000M | -206.00000M |
Dividends paid | 522.00M | 514.00M | 514.00M | 467.00M | 449.00M |
Change to inventory | -196.00000M | -448.00000M | -653.00000M | 37.00M | 104.00M |
Change to account receivables | -819.00000M | -798.00000M | 114.00M | -42.00000M | 629.00M |
Sale purchase of stock | -13.00000M | -780.00000M | -517.00000M | -203.00000M | -1298.00000M |
Other cashflows from financing activities | -74.00000M | 17.00M | -54.00000M | -13.00000M | -1098.00000M |
Change to netincome | - | 237.00M | -152.00000M | 404.00M | 241.00M |
Capital expenditures | 2548.00M | 1681.00M | 1372.00M | 1145.00M | 1441.00M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | 221.00M | -322.00000M | -189.00000M | 536.00M | 352.00M |
Stock based compensation | - | - | - | 425.00M | 796.00M |
Other non cash items | 118.00M | 559.00M | 129.00M | 257.00M | -172.00000M |
Free cash flow | 601.00M | 414.00M | 1568.00M | 2133.00M | 2519.00M |
Sector: Consumer Cyclical Industry: Auto Parts
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
MG Magna International Inc |
-0.95 1.57% | 59.63 | 11.83 | 6.95 | 0.41 | 1.02 | 0.45 | 5.62 |
LNR Linamar Corporation |
-0.32 0.57% | 56.25 | 6.11 | 5.44 | 0.35 | 0.65 | 0.52 | 3.74 |
MRE Martinrea International Inc. |
-0.01 0.11% | 8.83 | 6.11 | 4.38 | 0.16 | 0.53 | 0.36 | 3.20 |
XTC Exco Technologies Limited |
-0.01 0.13% | 7.45 | 10.75 | 7.54 | 0.52 | 0.87 | 0.66 | 5.05 |
WPRT Westport Fuel Systems Inc |
-0.07 1.38% | 5.01 | - | 144.93 | 0.30 | 0.46 | 0.28 | 51.87 |
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis system, battery enclosures, and engineering and testing; and exteriors, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, side doors, and greenhouse products. The Power & Vision segment offers electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; far camera module, remote camera heads, interior sensing camera, radars, thermal sensing, and domain controllers; interior and exterior mirrors, camera monitoring system driver/occupant monitoring systems, and smart actuators; forward and rear lighting, and lit grilles/panels/displays; latching system, door modules, charge port doors, power system, hinges, and door handles; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
337 Magna Drive, Aurora, ON, Canada, L4G 7K1
Name | Title | Year Born |
---|---|---|
Mr. Seetarama Swamy Kotagiri M.Sc. | CEO & Director | NA |
Mr. Vincent Joseph Galifi B.Com., C.A. | Pres | 1960 |
Mr. Tommy J. Skudutis | Exec. VP & COO | NA |
Mr. Eric Jon Wilds | Exec. VP of Chief Sales & Marketing Officer | NA |
Mr. Guenther F. Apfalter | Pres of Magna Europe & Asia | 1963 |
Mr. Patrick W. D. McCann | Exec. VP & CFO | NA |
Mr. Anton Mayer | Exec. VP & CTO | NA |
Mr. Boris Shulkin | Exec. VP and Chief Digital & Information Officer | NA |
Mr. Louis Tonelli | VP of Investor Relations | NA |
Mr. Bruce R. Cluney | Exec. VP & Chief Legal Officer | 1965 |
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