On Nov. 11 Magna held an investor day and unveiled 2030 targets, including adjusted EBIT margin expanding over 200 basis points from 6.4% at the midpoint of 2026 guidance, and compound annual organic revenue growth 2-4 percentage points above global light vehicle production.
MG is trading within a range we consider fairly valued.
Price
CA$88.96
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say
Bulls
High switching costs often enable sticky market shares for auto suppliers.
Bears
Magna relies heavily on a handful of automakers; its top six customers accounted for 76% of total 2025 revenue. Asian automakers can be hard to gain share with.
Magna International prides itself on an entrepreneurial culture and a corporate constitution that outlines the 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 2025, 48.6% of Magna's USD 42 billion of revenue came from North America, while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 75.9% of revenue, with the top three being GM, Mercedes, and Ford. GM was the largest contributor at 15.6%. Magna was founded in 1957, has about 144,000 employees, and is based in Aurora, Ontario.