magna international inc. - MGA

MGA

Close Chg Chg %
44.14 0.96 2.17%

Closed Market

45.10

+0.96 (2.17%)

Volume: 2.50M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: magna international inc. - MGA

MGA Key Data

Open

$44.25

Day Range

43.93 - 45.40

52 Week Range

38.01 - 60.31

Market Cap

$12.68B

Shares Outstanding

287.34M

Public Float

268.38M

Beta

1.58

Rev. Per Employee

N/A

P/E Ratio

11.77

EPS

$3.75

Yield

428.19%

Dividend

$0.48

EX-DIVIDEND DATE

Nov 15, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.80M

 

MGA Performance

1 Week
 
2.69%
 
1 Month
 
7.38%
 
3 Months
 
5.92%
 
1 Year
 
-17.66%
 
5 Years
 
-16.49%
 

MGA Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 20
Full Ratings ➔

About magna international inc. - MGA

Magna International, Inc. is a mobility technology company, which engages in the design, engineering, and manufacturing of automotive supplies. It operates through the following segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment includes body and chassis systems, exterior systems, and roof systems operations. The Power & Vision segment comprises of global powertrain systems, electronics systems, mirrors, lighting, and mechatronics operations. The Seating Systems segment deals with global seating systems operations. The Complete Vehicles segment focuses on vehicle engineering and manufacturing operations. The company was founded by Frank Stronach in 1957 and is headquartered in Aurora, Canada.

MGA At a Glance

Magna International, Inc.
337 Magna Drive
Aurora, Ontario L4G 7K1
Phone 1-905-726-2462 Revenue 42.83B
Industry Auto Parts: OEM Net Income 1.21B
Sector Producer Manufacturing 2023 Sales Growth 13.14%
Fiscal Year-end 12 / 2024 Employees 179,000
View SEC Filings

MGA Valuation

P/E Current 11.768
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 14.028
Price to Sales Ratio 0.397
Price to Book Ratio 1.432
Price to Cash Flow Ratio 5.404
Enterprise Value to EBITDA 5.971
Enterprise Value to Sales 0.547
Total Debt to Enterprise Value 0.308

MGA Efficiency

Revenue/Employee 239,268.156
Income Per Employee 6,776.536
Receivables Turnover 5.434
Total Asset Turnover 1.427

MGA Liquidity

Current Ratio 1.061
Quick Ratio 0.713
Cash Ratio 0.091

MGA Profitability

Gross Margin 9.869
Operating Margin 5.083
Pretax Margin 3.75
Net Margin 2.832
Return on Assets 4.04
Return on Equity 10.631
Return on Total Capital 6.348
Return on Invested Capital 7.477

MGA Capital Structure

Total Debt to Total Equity 60.779
Total Debt to Total Capital 37.803
Total Debt to Total Assets 22.393
Long-Term Debt to Equity 46.23
Long-Term Debt to Total Capital 28.754
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Magna International Inc. - MGA

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
32.68B 36.19B 37.86B 42.83B
Sales Growth
-17.21% +10.76% +4.59% +13.14%
Cost of Goods Sold (COGS) incl D&A
29.55B 32.63B 34.65B 38.60B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.58B 1.77B 1.59B 1.75B
Depreciation
- - - 1.44B
-
Amortization of Intangibles
- - - 312.00M
-
COGS Growth
-16.52% +10.42% +6.18% +11.41%
Gross Income
3.13B 3.56B 3.21B 4.23B
Gross Income Growth
-23.20% +14.02% -9.99% +31.81%
Gross Profit Margin
+9.56% +9.84% +8.47% +9.87%
2020 2021 2022 2023 5-year trend
SG&A Expense
1.59B 1.72B 1.66B 2.05B
Research & Development
830.00M 634.00M 649.00M 862.00M
Other SG&A
757.00M 1.08B 1.01B 1.19B
SGA Growth
-6.48% +8.19% -3.32% +23.49%
Other Operating Expense
- - - -
-
Unusual Expense
584.00M 3.00M 646.00M 365.00M
EBIT after Unusual Expense
954.00M 1.84B 901.00M 1.81B
Non Operating Income/Expense
(32.00M) 79.00M 14.00M 36.00M
Non-Operating Interest Income
19.00M 44.00M 45.00M 86.00M
Equity in Earnings of Affiliates
- - - 112.00M
-
Interest Expense
105.00M 122.00M 126.00M 242.00M
Interest Expense Growth
+0.96% +16.19% +3.28% +92.06%
Gross Interest Expense
105.00M 122.00M 126.00M 242.00M
Interest Capitalized
- - - -
-
Pretax Income
817.00M 1.80B 789.00M 1.61B
Pretax Income Growth
-60.05% +120.32% -56.17% +103.55%
Pretax Margin
+2.50% +4.97% +2.08% +3.75%
Income Tax
329.00M 395.00M 237.00M 320.00M
Income Tax - Current - Domestic
10.00M 63.00M 5.00M 24.00M
Income Tax - Current - Foreign
302.00M 408.00M 452.00M 557.00M
Income Tax - Deferred - Domestic
17.00M (4.00M) (25.00M) (26.00M)
Income Tax - Deferred - Foreign
- (72.00M) (195.00M) (235.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - 112.00M
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
677.00M 1.55B 641.00M 1.29B
Minority Interest Expense
(80.00M) 39.00M 49.00M 73.00M
Net Income
757.00M 1.51B 592.00M 1.21B
Net Income Growth
-57.11% +100.00% -60.90% +104.90%
Net Margin Growth
+2.32% +4.18% +1.56% +2.83%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
757.00M 1.51B 592.00M 1.21B
Preferred Dividends
- - - -
-
Net Income Available to Common
757.00M 1.51B 592.00M 1.21B
EPS (Basic)
2.5259 5.0366 2.0386 4.2383
EPS (Basic) Growth
-54.96% +99.40% -59.52% +107.90%
Basic Shares Outstanding
299.70M 300.60M 290.40M 286.20M
EPS (Diluted)
2.52 5 2.033 4.2324
EPS (Diluted) Growth
-54.91% +98.41% -59.34% +108.18%
Diluted Shares Outstanding
300.40M 302.80M 291.20M 286.60M
EBITDA
3.12B 3.61B 3.13B 3.92B
EBITDA Growth
-21.51% +15.84% -13.23% +25.20%
EBITDA Margin
+9.54% +9.98% +8.28% +9.16%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 47.889
Number of Ratings 20 Current Quarters Estimate 1.515
FY Report Date 12 / 2024 Current Year's Estimate 5.249
Last Quarter’s Earnings 1.28 Median PE on CY Estimate N/A
Year Ago Earnings 5.49 Next Fiscal Year Estimate 5.964
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 17 9 17 17
Mean Estimate 1.52 1.27 5.25 5.96
High Estimates 1.68 1.54 5.42 6.55
Low Estimate 1.31 1.11 5.03 5.50
Coefficient of Variance 7.49 10.54 2.33 5.79

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 6 6 7
OVERWEIGHT 1 1 1
HOLD 12 12 13
UNDERWEIGHT 0 0 0
SELL 1 1 0
MEAN Overweight Overweight Overweight

Magna International Inc. in the News