Magna International Inc MGA
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Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Toronto Stocks Virtually Unchanged; Magna International Slides on 4Q Miss
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Auto parts makers' stocks rally, as UAW's expanded strike provides a boost
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Nikola's stock soars again after Mary Chan named new COO
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UAW strike could affect auto-parts companies Lear, Magna the most: CFRA
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Look past looming strike and buy Ford and General Motors stock, UBS says
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ON Semiconductor, Magna Ink Strategic Agreements for Silicon Carbide for EV Market
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After Lordstown bankruptcy, a shakeout is expected in the EV market
Trading Information
- Previous Close Price
- CAD 39.84
- Day Range
- CAD 38.52–39.72
- 52-Week Range
- CAD 22.78–85.16
- Bid/Ask
- CAD 0.00 / CAD 0.00
- Market Cap
- CAD 11.15 Bil
- Volume/Avg
- 0 / —
Key Statistics
- Price/Earnings (Normalized)
- 7.85
- Price/Sales
- 0.28
- Dividend Yield (Trailing)
- 4.43%
- Dividend Yield (Forward)
- 4.52%
- Total Yield
- 4.49%
Company Profile
Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2023, 48% of Magna's $42.8 billion of revenue came from North America while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 76% of revenue with the top three being GM, Mercedes, and BMW. GM was the largest contributor at 14%. The company was founded in 1957, has over 179,000 employees, and is based in Aurora, Ontario.
- Sector
- Consumer Cyclical
- Industry
- Auto Parts
- Stock Style Box
- Mid Value
- Total Number of Employees
- 179,000
- Website
- https://www.magna.com
Competitors
Valuation
|
Metric
|
MGA
|
ADNT
|
BWA
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.85 | 11.33 | 7.60 |
Price/Book Value | 1.05 | 1.09 | 1.28 |
Price/Sales | 0.28 | 0.16 | 0.49 |
Price/Cash Flow | 4.09 | 4.97 | 5.33 |
Price/Earnings
MGA
ADNT
BWA
Financial Strength
|
Metric
|
MGA
|
ADNT
|
BWA
|
|---|---|---|---|
Quick Ratio | 0.73 | 0.77 | 1.12 |
Current Ratio | 1.09 | 1.13 | 1.54 |
Interest Coverage | 5.68 | 2.01 | 33.88 |
Quick Ratio
MGA
ADNT
BWA
Profitability
|
Metric
|
MGA
|
ADNT
|
BWA
|
|---|---|---|---|
Return on Assets (Normalized) | 4.85% | 4.41% | 5.56% |
Return on Equity (Normalized) | 13.50% | 18.90% | 13.22% |
Return on Invested Capital (Normalized) | 8.85% | 10.90% | 8.12% |
Return on Assets
MGA
ADNT
BWA
Auto Parts Industry Comparables
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1-Day Chart
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