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Consumer Cyclical - Auto - Parts - NYSE - CA
$ 43.9
0.653 %
$ 12.6 B
Market Cap
11.71
P/E
1. INTRINSIC VALUE

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops.[ Read More ]

The intrinsic value of one MGA stock under the base case scenario is HIDDEN Compared to the current market price of 43.9 USD, Magna International Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MGA

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FINANCIALS
42.8 B REVENUE
13.10%
2.7 B OPERATING INCOME
58.17%
1.29 B NET INCOME
100.62%
3.21 B OPERATING CASH FLOW
53.07%
-4.5 B INVESTING CASH FLOW
-120.95%
1.34 B FINANCING CASH FLOW
177.15%
10.4 B REVENUE
-5.41%
557 M OPERATING INCOME
3.25%
488 M NET INCOME
55.91%
730 M OPERATING CASH FLOW
-0.34%
-476 M INVESTING CASH FLOW
28.57%
-196 M FINANCING CASH FLOW
65.65%
Balance Sheet Decomposition Magna International Inc.
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Current Assets 14 B
Cash & Short-Term Investments 1.2 B
Receivables 7.88 B
Other Current Assets 4.96 B
Non-Current Assets 18.1 B
Long-Term Investments 1.59 B
PP&E 11.3 B
Other Non-Current Assets 5.23 B
Current Liabilities 13.2 B
Accounts Payable 7.84 B
Short-Term Debt 1.73 B
Other Current Liabilities 3.66 B
Non-Current Liabilities 6.74 B
Long-Term Debt 5.49 B
Other Non-Current Liabilities 1.25 B
EFFICIENCY
Earnings Waterfall Magna International Inc.
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Revenue 42.8 B
Cost Of Revenue 39.3 B
Gross Profit 3.49 B
Operating Expenses 2.09 B
Operating Income 2.7 B
Other Expenses 1.41 B
Net Income 1.29 B
RATIOS
8.15% GROSS MARGIN
8.15%
6.31% OPERATING MARGIN
6.31%
2.83% NET MARGIN
2.83%
10.26% ROE
10.26%
3.78% ROA
3.78%
12.48% ROIC
12.48%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Magna International Inc.
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Net Income 1.29 B
Depreciation & Amortization 1.52 B
Capital Expenditures -2.59 B
Stock-Based Compensation 0
Change in Working Capital 221 M
Others 1.01 B
Free Cash Flow 612 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Magna International Inc.
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Wall Street analysts predict an average 1-year price target for MGA of $55.1 , with forecasts ranging from a low of $43 to a high of $62 .
MGA Lowest Price Target Wall Street Target
43 USD -2.05%
MGA Average Price Target Wall Street Target
55.1 USD 25.57%
MGA Highest Price Target Wall Street Target
62 USD 41.23%
4. DIVIDEND ANALYSIS
1.18% DIVIDEND YIELD
0.475 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Magna International Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Magna Shares Rise 12% Since Q3 Earnings Miss Expectations MGA reports lower-than-expected Q3 results and expects 2024 revenues in the band of $42.2-$43.2 billion, down from $42.5-$44.1 billion guided earlier. zacks.com - 1 day ago
Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan AURORA, Ontario, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG, NYSE: MGA) today announced the termination of its existing Normal Course Issuer Bid effective since February 15, 2024 (the “Prior NCIB”) and the Toronto Stock Exchange ("TSX") has accepted its Notice of Intention to establish a new Normal Course Issuer Bid (the "Notice"). Pursuant to the Notice, Magna may purchase up to 28,500,000 Magna Common Shares (the "New NCIB"), representing approximately 10% of its public float. As at October 31, 2024, Magna had 287,342,204 issued and outstanding Common Shares, including a public float of 286,960,792 Common Shares. globenewswire.com - 1 week ago
Magna International Inc. (MGA) Q3 2024 Earnings Call Transcript Magna International Inc. (NYSE:MGA ) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ET Company Participants Swamy Kotagiri - CEO Patrick McCann - EVP and CFO Louis Tonelli - VP, IR Conference Call Participants John Murphy - Bank of America Tamy Chen - BMO Capital Markets William Tackett - Morgan Stanley Dan Levy - Barclays Alejandro Nuno - UBS Tom Narayan - RBC Capital Markets James Picariello - BNP Paribas Bruno Dossena - Wolfe Research Mark Delaney - Goldman Sachs Colin Langan - Wells Fargo Michael Glen - Raymond James Operator Thank you for standing by. My name is Kayla, and I will be your conference operator today. seekingalpha.com - 2 weeks ago
Here's What Key Metrics Tell Us About Magna (MGA) Q3 Earnings While the top- and bottom-line numbers for Magna (MGA) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 2 weeks ago
Magna (MGA) Lags Q3 Earnings and Revenue Estimates Magna (MGA) came out with quarterly earnings of $1.28 per share, missing the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.46 per share a year ago. zacks.com - 2 weeks ago
Magna Announces Third Quarter 2024 Results AURORA, Ontario, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the third quarter ended September 30, 2024. globenewswire.com - 2 weeks ago
Ahead of Magna (MGA) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics Beyond analysts' top -and-bottom-line estimates for Magna (MGA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024. zacks.com - 2 weeks ago
Magna Debuts Scalable, Eco-Friendly ICE to Hybrid Transmission for European OEM AURORA, Ontario, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Magna is accelerating the industry's move toward a cleaner future with the debut of its innovative Dual Clutch Transmission Eco (DCT Eco) solution for a European OEM. This contract marks the first high-volume award for the new transmission family and supports various models in global markets with ICE transmissions. globenewswire.com - 2 weeks ago
Magna (MGA) Earnings Expected to Grow: Should You Buy? Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 weeks ago
Magna International: An Undervalued Stock With Double-Digit Long-Term Dividend Growth Rate Magna International, a multinational mobility solutions and technology company for automakers, is now a $12 billion (by market cap) leading manufacturer. Manga increased its dividend for 15 consecutive years, with a 10-year dividend growth rate of 11.1%. Magna moved its revenue from $34.4 billion in FY 2014 to $42.8 billion in FY 2023, a compound annual growth rate of 2.5%. seekingalpha.com - 1 month ago
Magna Announces Date for Q3 2024 Results Call AURORA, Ontario, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC. globenewswire.com - 1 month ago
Dividends Don't (Usually) Lie September 30, 2024 (Maple Hill Syndicate) – Geraldine Weiss, who died two years ago at age 96, was a successful investment newsletter writer at a time when few women were prominent in finance. She wrote a book called Dividends Don't Lie. gurufocus.com - 1 month ago
8. Profile Summary

Magna International Inc. MGA

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COUNTRY CA
INDUSTRY Auto - Parts
MARKET CAP $ 12.6 B
Dividend Yield 1.18%
Description Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Contact 337 Magna Drive, Aurora, ON, L4G 7K1 https://www.magna.com
IPO Date Oct. 5, 1984
Employees 162000
Officers Joanne N. Horibe Chief Compliance Officer Mr. Seetarama Kotagiri M.Sc. Chief Executive Officer & Director Mr. Tom J. Rucker President of MPT, MML, Electronics & Complete Vehicles Mr. John H. Farrell President of Body & Exterior Systems and Seating Mr. Boris Shulkin Executive Vice President and Chief Digital & Information Officer Mr. Louis Tonelli Vice President of Investor Relations Mr. Bruce R. Cluney Executive Vice President & Chief Legal Officer Ms. Tracy Fuerst Vice President of Corporate Communications & PR Mr. Patrick W. D. McCann Executive Vice President & Chief Financial Officer Mr. Eric Jon Wilds Executive Vice President and Chief Sales & Marketing Officer