Magellan Aerospace (MAL.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Magellan Aerospace (MAL.TO)

32.15

+2.29 (7.67%)

as of Jun 26, 2026, 8:00:00 pm Market Open.

67 watching

Investor Insights

Jun 27, 2026, 12:00 am

This summary was created by AI, based on 11 opinions in the last 12 months.

Magellan Aerospace (MAL-T) has garnered attention for its significant growth prospects, particularly in the defense sector, which currently constitutes about 30% of its business but is expected to rise to between 45-50% in the future. Experts report a strong demand for defense products alongside a large aircraft parts replacement cycle, contributing to impressive growth in free cash flow (FCF) generation. Recent earnings reflected a remarkable 52% increase in net income, bolstering cash reserves and allowing for share buybacks, which are enticing for investors. The company's stock is noted for its relatively low trading multiples, indicating potential undervaluation compared to peers. Analysts set price targets between $21.00 and $41.50, suggesting a range of upside potential for investors considering entry points.

Consensus

Positive

Valuation

Undervalued

Similar

Bombardier, BBD-A

BUY

He likes it and has recommended it on BNN. The multiple has not yet caught up to how good the story is. It is growing its earnings at about 15%. Canadian dollar revenues and US$ expenses with margin expansion and they are delevering their balance sheet. Thinks you will see better dividends, share buybacks and growth next year as well as a multiple expansion.

COMMENT

An Aero supplier and parts business. Doing quite well right now because of high demand.

BUY

A prime candidate for what you want to be looking for in Canada. Manufacturer that is steeped in Canadian dollar labour. Trade at 5-6 times. Management is really positive on what is going on right now.

PARTIAL BUY

Stock has been behaving strangely. Very thinly traded, so when someone decides to Buy or Sell, they can knock it around quite a bit. He has been buying at around $7.50 or a little bit lower. This should do very well because a lot of their revenues are US-based and their labour costs are Canadian. He would suggest that you average in.

TOP PICK

We haven’t actually seen the positive leverage of a weak Cdn$ versus a strong US$ actually play out in manufacturers. This is likely where earnings prices are going to be and will likely play out over the next several years. He likes aerospace. Have operating leverage as they have a lot of hard fixed assets, as well as financial leverage. Yield of 1.55% and trading at less than 5X EBITDA versus the groups of 7.5-8 times. Very cheap.

WEAK BUY

On his stock watch list. Have tremendous potential. Debt problem. Made a marvelous recovery. One critical shareholder. Less attractive at $4 than earlier. Not as attractive as other companies but he will re-visit it after most recent earnings.

COMMENT

Interesting company. Seem to be getting their house in order. Big debt load. Continuing getting orders. A contrarian play. His hesitancy is that it has moved up a fair bit so he thinks there are companies that are of greater interest for him

WAIT

On his watch list. Debt was going up and they were loosing money. Has been a leader in aerospace for years in Canada. A contrarian play. Wait

DON'T BUY

Fairly leveraged balance sheet. Longer term, the aerospace business is not a bad business but would avoid it right now. Highly cyclical.

DON'T BUY

Debt load is too big for him. Has not done well in this sector. Still have all kinds of difficulties.

DON'T BUY

(Market Call Minute) Not unlike Loblaws (L-T), Tembec (TBC-T) and Quebecor World (IQW-T).

COMMENT

Prefers Northstar Aerospace (NAS-T) which is a better investment. Likes the aerospace sector right now.

DON'T BUY

A tough, tough business. Well run, but they have done some silly financings in the past. Doersn't like the space. You can make some money if you're numble and can read the space.

DON'T BUY

Hit by the Cdn$ and by taking on a lot of orders that require them to build working capital which takes a lot of capital. Weak balance sheet. Need another financing which will dilute share price.

SELL

Had a bit of an upturn and would take advantage of this and sell.

Showing 31 to 45 of 62 entries

Most Recent Experts

Jenny Harrington, CEO, Gilman Hill Asset Management

Gilman Hill Asset Management

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Kevin Simpson

Capital Wealth Planning

Bryn Talkington

Requisite Capital Management

Andrey Omelchak

LionGuard Capital Management

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Magellan Aerospace (MAL.TO)