Last C$117.21 CAD
Change Today +0.12 / 0.10%
Volume 44.6K
MG On Other Exchanges
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As of 9:44 AM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

magna international inc (MG) Snapshot

Open
C$117.36
Previous Close
C$117.09
Day High
C$117.40
Day Low
C$117.04
52 Week High
07/30/14 - C$120.58
52 Week Low
08/7/13 - C$78.24
Market Cap
25.1B
Average Volume 10 Days
520.5K
EPS TTM
C$7.49
Shares Outstanding
214.0M
EX-Date
05/28/14
P/E TM
14.3x
Dividend
C$1.52
Dividend Yield
1.28%
Current Stock Chart for MAGNA INTERNATIONAL INC (MG)

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magna international inc (MG) Details

Magna International Inc. develops, manufactures, engineers, supplies, and sells automotive products. It operates through North America, Europe, Asia, and Rest of World segments. The company offers body, chassis, and renewable energy systems; powertrain systems, such as driveline systems, fluid pressure and controls, metal-forming solutions, and engineering services and system integration solutions; and exterior systems consisting of front and rear end fascia systems, exterior trims, modular systems, class A composite panels, structural components under hood and underbody components, and sheet molding compound materials. It also provides seating systems, including complete seating systems, mechanism and hardware solutions, specialty mechanism solutions, and seat structures, as well as foam and trim products; interior systems, such as sidewall and trim, cockpit, cargo management, and overhead systems; fuel, battery, and roof systems; and vision systems comprising interior and exterior mirrors, actuators, electronic vision systems, and door handle and overhead console systems. In addition, the company offers closure systems comprising door modules, window systems, power closure systems, latching systems, handle assemblies, driver controls, obstacle detection systems, engineering glasses, and sealing systems, as well as testing services for window regulators, wiper systems, door modules, cables, door latches, and closures. Further, it provides electronic systems, including eyeris - driver assistance systems, intelligent power systems, body electronics and HMI, engine electronics and liquid sensors, as well as industrial products, such as joysticks and electronic units for fork lifts; and vehicle engineering and contract manufacturing services. The company was founded in 1957 and is headquartered in Aurora, Canada.

128,000 Employees
Last Reported Date: 05/8/14
Founded in 1957

magna international inc (MG) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $325.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $325.0K
Chief Marketing Officer and President of Magn...
Total Annual Compensation: $325.0K
President of Magna Europe
Total Annual Compensation: $275.6K
Chief Legal Officer and Executive Vice Presid...
Total Annual Compensation: $325.0K
Compensation as of Fiscal Year 2013.

magna international inc (MG) Key Developments

Magna International Inc. Supplies AWD System on 2015 Hyundai Genesis

Magna International Inc. announced that its Magna Powertrain operating unit is the supplier of the new all-wheel-drive (AWD) system available on the 2015 Hyundai Genesis. The 2015 Genesis marks the first Hyundai sedan to offer an AWD system known as HTRAC. The launch of the Genesis HTRAC system is a continuation of a close partnership between Hyundai and Magna Powertrain on advanced all-wheel-drive systems. The new Genesis will be built at Hyundai's Ulsan, Korea, plant, with the AWD system being produced and shipped from Magna Powertrain's Lannach and Ilz facilities in Austria. Hyundai's new HTRAC AWD was developed as a multi-mode system, providing an electronic, variable-torque-split clutch with active torque control between the front and rear axles. The system deploys a newly developed right-hand drop version of Magna Powertrain's active transfer case, which enabled Hyundai to overcome challenging underbody packaging constraints. HTRAC offers driver-selectable modes that adapt the AWD system performance. Normal and Eco modes provide more traction in all-weather conditions, while the Sport setting gives a more agile feel by increasing the amount of torque sent to the rear wheels. To maximize efficiency, the system directs available torque to the rear wheels during steady-state highway cruising, improving fuel economy and NVH.

Magna International to Start $750 Million Senior Notes Offering

Magna International Inc. announced that it intends to offer $750 million aggregate principal amount of its senior unsecured notes at an annual rate of 3.625% and a maturity date of June 15, 2024. The offering is expected to close on June 16, 2014, subject to customary closing conditions.

Magna International Seeks Acquisitions

Magna International Inc. (TSX:MG) is looking for acquisition opportunities. Magna International to start $750 million senior notes offering and intends to use the net proceeds from the offering for general corporate purposes, which may include capital expenditures and acquisitions.

 

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MG Competitors

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Industry Analysis

MG

Industry Average

Valuation MG Industry Range
Price/Earnings 15.4x
Price/Sales 0.7x
Price/Book 2.5x
Price/Cash Flow 8.8x
TEV/Sales 0.6x
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