TSE:MAL

Magellan Aerospace (MAL.TO)

42.79
+0.92 (2.20%)
as of Aug 14, 2026, 8:00:00 pm Market Open.
72 watching
0
Investor Insights
star iconAug 14, 2026, 12:00 am

This summary was created by AI, based on 13 opinions in the last 12 months.

Magellan Aerospace (MAL-T) has garnered attention as a top pick among experts, notably emphasizing its strong positioning in defense projects in Canada. Analysts highlight continued growth in cash reserves, debt reduction, and share buybacks, signaling a robust financial health. The company benefits from decade-long demand in the defense sector and an aircraft parts replacement cycle, leading to significant free cash flow generation. Recent earnings have indicated impressive growth in net income, as well as a positive outlook on military spending, especially regarding contracts supporting government initiatives. Price targets among analysts vary, with the general sentiment leaning toward favorable upside potential, making it an appealing option for investors.

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Consensus
Positive
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Valuation
Undervalued
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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.
BUY
A good price.
BUY
Contract driven. Not much downside.
BUY ON WEAKNESS
Good company and relatively immune from the economy.
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