Magellan Aerospace Financials

MALJF Stock  USD 6.21  0.09  1.47%   
You can make use of Magellan Aerospace fundamental data analysis to find out if markets are presently mispricing the entity. We are able to break down thirty-three available fundamentals for Magellan Aerospace, which can be compared to its peers in the industry. To ensure the equity is not overpriced, please verify all Magellan Aerospace financials, including its shares owned by insiders, gross profit, debt to equity, as well as the relationship between the price to book and cash and equivalents . Given that Magellan Aerospace has a price to earning of 116.30 X, we recommend you to check Magellan Aerospace last-minute market performance to make sure the company can sustain itself down the road. The stock experiences a large bullish trend. Check odds of Magellan Aerospace to be traded at $6.83 in 90 days.
With this module, you can analyze Magellan financials for your investing period. You should be able to track the changes in Magellan Aerospace individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Magellan Aerospace Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Magellan Aerospace's financial statements are interrelated, with each one affecting the others. For example, an increase in Magellan Aerospace's assets may result in an increase in income on the income statement.
Evaluating Magellan Aerospace's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Magellan Aerospace's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Magellan Aerospace's relative financial performance

Chance Of Distress

Less than 21

 
100  
 
Zero
Low
Magellan Aerospace has less than 21 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Magellan Aerospace pink sheet is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Magellan Aerospace's odds of distress score SHOULD NOT be confused with the real chance of Magellan Aerospace filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Magellan is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Magellan Aerospace's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Magellan Aerospace's official financial statements usually reflect Magellan Aerospace's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Magellan Aerospace. For example, before you start analyzing numbers published by Magellan accountants, it's critical to develop an understanding of what Magellan Aerospace's liquidity, profitability, and earnings quality are in the context of the Aerospace & Defense space in which it operates.
Please note, the presentation of Magellan Aerospace's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Magellan Aerospace's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Magellan Aerospace's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Magellan Aerospace. Please utilize our Beneish M Score to check the likelihood of Magellan Aerospace's management manipulating its earnings.

Magellan Aerospace Company Summary

Magellan Aerospace competes with PT Bank, Bank Mandiri, Bank Mandiri, Bank Central, and PT Bank. Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, manufactures, and sells aero engine and structure components for the aerospace markets in Canada, the United States, Europe, and Asia. Magellan Aerospace Corporation was incorporated in 1996 and is headquartered in Mississauga, Canada. Magellan Aerospace operates under Aerospace Defense classification in the United States and is traded on OTC Exchange. It employs 3400 people.
InstrumentUSA Pink Sheet View All
ExchangePINK Exchange
Business Address3160 Derry Road
SectorAerospace & Defense
IndustryIndustrials
BenchmarkNYSE Composite
Websitewww.magellan.aero
Phone905 677 1889
CurrencyUSD - US Dollar
You should never invest in Magellan Aerospace without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Magellan Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Magellan Aerospace's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Magellan Aerospace Key Financial Ratios

Generally speaking, Magellan Aerospace's financial ratios allow both analysts and investors to convert raw data from Magellan Aerospace's financial statements into concise, actionable information that can be used to evaluate the performance of Magellan Aerospace over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Magellan Aerospace reports annually and quarterly.

Magellan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Magellan Aerospace's current stock value. Our valuation model uses many indicators to compare Magellan Aerospace value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magellan Aerospace competition to find correlations between indicators driving Magellan Aerospace's intrinsic value. More Info.
Magellan Aerospace is considered to be number one stock in market capitalization category among related companies. It is considered to be number one stock in return on equity category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Magellan Aerospace by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magellan Aerospace's Pink Sheet . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magellan Aerospace's earnings, one of the primary drivers of an investment's value.

Magellan Aerospace Systematic Risk

Magellan Aerospace's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Magellan Aerospace volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Magellan Aerospace correlated with the market. If Beta is less than 0 Magellan Aerospace generally moves in the opposite direction as compared to the market. If Magellan Aerospace Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Magellan Aerospace is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Magellan Aerospace is generally in the same direction as the market. If Beta > 1 Magellan Aerospace moves generally in the same direction as, but more than the movement of the benchmark.

About Magellan Aerospace Financials

What exactly are Magellan Aerospace Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Magellan Aerospace's income statement, its balance sheet, and the statement of cash flows. Potential Magellan Aerospace investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Magellan Aerospace investors may use each financial statement separately, they are all related. The changes in Magellan Aerospace's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Magellan Aerospace's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Magellan Aerospace Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Magellan Aerospace is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Magellan has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Magellan Aerospace's financials are consistent with your investment objective using the following steps:
  • Review Magellan Aerospace's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Magellan Aerospace's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Magellan Aerospace's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Magellan Aerospace's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Magellan Aerospace March 18, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Magellan Aerospace help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Magellan Aerospace. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magellan Aerospace based on widely used predictive technical indicators. In general, we focus on analyzing Magellan Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magellan Aerospace's daily price indicators and compare them against related drivers.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magellan Aerospace. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
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When running Magellan Aerospace's price analysis, check to measure Magellan Aerospace's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magellan Aerospace is operating at the current time. Most of Magellan Aerospace's value examination focuses on studying past and present price action to predict the probability of Magellan Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magellan Aerospace's price. Additionally, you may evaluate how the addition of Magellan Aerospace to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Magellan Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magellan Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magellan Aerospace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.