Last C$12.19 CAD
Change Today +0.07 / 0.58%
Volume 27.0K
MAL On Other Exchanges
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As of 4:00 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

magellan aerospace corp (MAL) Snapshot

Open
C$12.13
Previous Close
C$12.12
Day High
C$12.20
Day Low
C$11.82
52 Week High
07/4/14 - C$13.08
52 Week Low
10/17/13 - C$5.55
Market Cap
709.6M
Average Volume 10 Days
30.6K
EPS TTM
C$0.90
Shares Outstanding
58.2M
EX-Date
09/10/14
P/E TM
13.5x
Dividend
C$0.16
Dividend Yield
1.23%
Current Stock Chart for MAGELLAN AEROSPACE CORP (MAL)

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magellan aerospace corp (MAL) Details

Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United Sates, and Europe. It operates through two segments, Aerospace and Power Generation Project. The company manufactures aero engines products, including engine frames, compressor and fan cases, turbine cases, shafts, exhaust systems, and gearbox housing; space, satellites, and rocket systems; and aero structures components comprising landing gear systems, wing ribs and spars, bulkheads and fuselage components, tailcone assemblies, and composite wing and fairing structures. It also offers precision aluminum and magnesium sand cast components that primarily include engine mounted gearbox housings, power transmission housings, APU housings, engine inlets and intermediate cases, and front frames and fan cases; and manufactures wire strike protection systems for helicopter safety. In addition, the company is involved in manufacturing, repairing, and overhauling jet engines, military aircrafts, gas turbines, helicopters, critical rotating and non-rotating engine components, jet engine nacelle, exhaust components, and heat-resistant space products; and machining medium and large aerospace and jet engine components, as well as offers metal finishing treatment services for aerospace products. Further, it supplies design engineering and aerostructures products to the commercial and defense markets; and parts and equipment for power generation projects, as well as focuses on electric power generation in the Republic of Ghana. The company was founded in 1994 and is headquartered in Mississauga, Canada.

3,500 Employees
Last Reported Date: 03/27/14
Founded in 1994

magellan aerospace corp (MAL) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$440.0K
President
Total Annual Compensation: C$215.4K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$197.0K
Vice President of Business Development, Marke...
Total Annual Compensation: C$188.4K
Vice President of North American Operations
Total Annual Compensation: C$191.8K
Compensation as of Fiscal Year 2013.

magellan aerospace corp (MAL) Key Developments

Magellan Aerospace Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Magellan Aerospace Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's revenues were CAD 221,050,000 compared to CAD 189,863,000 a year ago. Income before interest and income taxes was CAD 21,274,000 compared to CAD 17,281,000 a year ago. Income before income taxes was CAD 18,806,000 compared to CAD 15,549,000 a year ago. Net income was CAD 13,606,000 compared to CAD 11,163,000 a year ago. Basic and diluted net income per share was CAD 0.23 compared to CAD 0.19 a year ago. Net cash provided by operating activities was CAD 21,709,000 compared to CAD 17,747,000 a year ago. The increase in cash generated from operations was primarily due to increased net income in the second quarter of 2014 compared to the same period in 2013. Purchase of property, plant and equipment was CAD 4,966,000 compared to CAD 4,217,000 a year ago. EBITDA was CAD 30,191,000 compared to CAD 25,592,000 a year ago. EBITDA per share was CAD 0.52 compared to CAD 0.44 a year ago. Increased revenue for the second quarter of 2014 relative to the same quarter of 2013 is the primary cause for the current increase in EBITDA. Increase in intangibles and other assets was CAD 5,672,000 compared to CAD 1,731,000 a year ago. Revenues and net income reported in the quarterly information were impacted positively by the fluctuations in the Canadian dollar exchange rate in comparison to the United States dollar and British Pound. For the six months, the company's revenues were CAD 431,552,000 compared to CAD 375,156,000 a year ago. Income before interest and income taxes was CAD 39,623,000 compared to CAD 30,378,000 a year ago. Income before income taxes was CAD 35,457,000 compared to CAD 26,522,000 a year ago. Net income was CAD 25,685,000 compared to CAD 19,178,000 a year ago. Basic and diluted net income per share was CAD 0.44 compared to CAD 0.33 a year ago. Net cash provided by operating activities was CAD 23,659,000 compared to CAD 11,749,000 a year ago. Purchase of property, plant and equipment was CAD 11,530,000 compared to CAD 8,318,000 a year ago. EBITDA was CAD 57,321,000 compared to CAD 46,863,000 a year ago. EBITDA per share was CAD 0.99 compared to CAD 0.81 a year ago. Increase in intangibles and other assets was CAD 8,771,000 compared to CAD 4,443,000 a year ago.

Magellan Aerospace Announces Quarterly Dividend, Payable on September 30, 2014

Magellan Aerospace Corporation declared a quarterly cash dividend of $0.04 per share on the Corporation's common shares. The dividend is payable on September 30, 2014, to stockholders of record at the close of business on September 12, 2014.

Magellan Aerospace Corp. to Report Q2, 2014 Results on Aug 12, 2014

Magellan Aerospace Corp. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Aug 12, 2014

 

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MAL

Industry Average

Valuation MAL Industry Range
Price/Earnings 13.1x
Price/Sales 0.8x
Price/Book 1.6x
Price/Cash Flow 12.7x
TEV/Sales 0.6x
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