TSE:MAL

Magellan Aerospace (MAL.TO)

31.64
+0.15 (0.48%)
as of Sep 3, 2026, 8:00:00 pm Market Open.
74 watching
0
Investor Insights
star iconSep 3, 2026, 12:00 am

This summary was created by AI, based on 15 opinions in the last 12 months.

Magellan Aerospace (MAL) has garnered significant attention from analysts who commend its robust positioning within the Canadian aerospace and defense sector. The company holds substantial contracts with major players like Airbus and Boeing, and anticipated growth of approximately 20% annually is noted due to increasing demand for defense applications. Analysts have observed improving EBITA margins and an influx of cash reserves as debt diminishes and share buybacks continue. This positive momentum is underscored by a consistent pattern of achieving set price targets over time, highlighting a favorable operational landscape. Overall, MAL appears well-positioned for long-term growth, attracting a consensus recommendation as a 'Top Pick' among market experts.

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Consensus
Buy
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Valuation
Undervalued
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Similar
BA,
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.
DON'T BUY
Potential earnings and book value looks great, but they have a very large debt.
WEAK BUY
Good price. Not sure if their earnings can grow again, but doesn't see any further drop in price.
DON'T BUY
Recently did a huge convertible debenture issue.
BUY
Should do well based on US focus on defense.
BUY
Great long term hold. Cyclical.
BUY
At a good price. Good products/partnership.
BUY
Good management. Aerospace in a downturn. At a good price now.
BUY
Good balance sheet. A good long term buy.
WAIT
Watching this stock. If air travel picks up, it could move.
Showing 46 to 60 of 68 entries