Magna International Inc. (MGA)

NYSE: MGA · IEX Real-Time Price · USD
54.48
-0.06 (-0.11%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

MGA has a market cap or net worth of $15.65 billion. The enterprise value is $21.67 billion.

Market Cap 15.65B
Enterprise Value 21.67B

Important Dates

The next estimated earnings date is Friday, May 3, 2024, before market open.

Earnings Date May 3, 2024
Ex-Dividend Date Feb 22, 2024

Share Statistics

MGA has 286.87 million shares outstanding. The number of shares has decreased by -1.58% in one year.

Shares Outstanding 286.87M
Shares Change (YoY) -1.58%
Shares Change (QoQ) -0.07%
Owned by Insiders (%) 6.10%
Owned by Institutions (%) 74.68%
Float 286.32M

Valuation Ratios

The trailing PE ratio is 12.83 and the forward PE ratio is 8.65. MGA's PEG ratio is 0.50.

PE Ratio 12.83
Forward PE 8.65
PS Ratio 0.37
Forward PS 0.34
PB Ratio 1.32
P/FCF Ratio 26.03
PEG Ratio 0.50
Financial Ratio History

Enterprise Valuation

EV / Earnings 17.87
EV / Sales 0.51
EV / EBITDA n/a
EV / EBIT 12.83
EV / FCF 36.06

Financial Position

The company has a current ratio of 1.06, with a Debt / Equity ratio of 0.61.

Current Ratio 1.06
Quick Ratio 0.69
Debt / Equity 0.61
Debt / EBITDA n/a
Debt / FCF 12.02
Interest Coverage 10.83

Financial Efficiency

Return on equity (ROE) is 10.60% and return on invested capital (ROIC) is 6.83%.

Return on Equity (ROE) 10.60%
Return on Assets (ROA) 3.80%
Return on Capital (ROIC) 6.83%
Revenue Per Employee $254,744
Profits Per Employee $7,220
Employee Count 168,000
Asset Turnover 1.35
Inventory Turnover 8.46

Taxes

In the past 12 months, MGA has paid $320.00 million in taxes.

Income Tax 320.00M
Effective Tax Rate 20.87%

Stock Price Statistics

The stock price has increased by +6.95% in the last 52 weeks. The beta is 1.72, so MGA's price volatility has been higher than the market average.

Beta (1Y) 1.72
52-Week Price Change +6.95%
50-Day Moving Average 54.94
200-Day Moving Average 55.76
Relative Strength Index (RSI) 51.04
Average Volume (30 Days) 1,284,718

Short Selling Information

The latest short interest is 8.55 million, so 2.98% of the outstanding shares have been sold short.

Short Interest 8.55M
Short Previous Month 9.66M
Short % of Shares Out 2.98%
Short % of Float 2.99%
Short Ratio (days to cover) 5.95

Income Statement

In the last 12 months, MGA had revenue of $42.80 billion and earned $1.21 billion in profits. Earnings per share was $4.23.

Revenue 42.80B
Gross Profit 5.61B
Operating Income 1.65B
Pretax Income 1.53B
Net Income 1.21B
EBITDA n/a
EBIT 1.69B
Earnings Per Share (EPS) $4.23
Full Income Statement

Balance Sheet

The company has $1.20 billion in cash and $7.22 billion in debt, giving a net cash position of -$6.03 billion or -$21.00 per share.

Cash & Cash Equivalents 1.20B
Total Debt 7.22B
Net Cash -6.03B
Net Cash Per Share -$21.00
Equity / Book Value 11.88B
Book Value Per Share 41.43
Working Capital 803.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.15 billion and capital expenditures -$2.55 billion, giving a free cash flow of $601.00 million.

Operating Cash Flow 3.15B
Capital Expenditures -2.55B
Free Cash Flow 601.00M
FCF Per Share $2.10
Full Cash Flow Statement

Margins

Gross margin is 13.11%, with operating and profit margins of 3.86% and 2.83%.

Gross Margin 13.11%
Operating Margin 3.86%
Pretax Margin 3.58%
Profit Margin 2.83%
EBITDA Margin n/a
EBIT Margin 3.95%
FCF Margin 1.40%

Dividends & Yields

This stock pays an annual dividend of $1.90, which amounts to a dividend yield of 3.49%.

Dividend Per Share $1.90
Dividend Yield 3.49%
Dividend Growth (YoY) 2.49%
Years of Dividend Growth 14
Payout Ratio 44.92%
Buyback Yield 1.58%
Shareholder Yield 5.08%
Earnings Yield 7.75%
FCF Yield 3.84%
Dividend Details

Analyst Forecast

The average price target for MGA is $64.50, which is 18.39% higher than the current price. The consensus rating is "Buy".

Price Target $64.50
Price Target Difference 18.39%
Analyst Consensus Buy
Analyst Count 14
Revenue Growth Forecast (5Y) 5.46%
EPS Growth Forecast (5Y) 24.35%
Stock Forecasts

Stock Splits

The last stock split was on March 26, 2015. It was a forward split with a ratio of 2:1.

Last Split Date Mar 26, 2015
Split Type Forward
Split Ratio 2:1

Scores

MGA has an Altman Z-Score of 2.4 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.4
Piotroski F-Score 6