Magellan Aerospace (TSX:MAL) E10: C$0.88 (As of Mar. 2026)


TSX:MAL Magellan Aerospace Corp TSX:MAL
75 GF Score
Price C$30.99
GF Value C$11.58
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Magellan Aerospace E10?

Magellan Aerospace TSX:MAL -2.88% 75 E10 is C$0.88 as of Mar. 2026. GuruFocus rates TSX:MAL with a GF Score™ of 75/100 and a GF Value™ of C$11.58 (Significantly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Magellan Aerospace's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Magellan Aerospace's average E10 Growth Rate was -9.30% per year. During the past 3 years, the average E10 Growth Rate was -6.20% per year. During the past 5 years, the average E10 Growth Rate was -5.80% per year. During the past 10 years, the average E10 Growth Rate was 2.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Magellan Aerospace was 53.80% per year. The lowest was -51.50% per year. And the median was -0.60% per year.

As of today (2026-06-24), Magellan Aerospace's current stock price is C$30.99. Magellan Aerospace's E10 for the quarter that ended in Mar. 2026 was C$0.88. Magellan Aerospace's Shiller PE Ratio of today is 35.22.

During the past 13 years, the highest Shiller PE Ratio of Magellan Aerospace was 37.15. The lowest was 4.18. And the median was 11.47.


Magellan Aerospace  (TSX:MAL) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Magellan Aerospace's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=30.99/0.88
=35.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Magellan Aerospace was 37.15. The lowest was 4.18. And the median was 11.47.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Magellan Aerospace E10 Related Terms


Magellan Aerospace E10 Historical Data

* Premium members only.

The historical data trend for Magellan Aerospace's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Magellan Aerospace E10 Chart

Magellan Aerospace Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.08 1.03 0.98 0.89

Magellan Aerospace Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.95 0.93 0.89 0.88

TSX:MAL vs GE, RTX, BA: E10 Comparison

For the Aerospace & Defense subindustry, Magellan Aerospace's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Magellan Aerospace Shiller PE Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Magellan Aerospace's Shiller PE Ratio falls into.


TSX:MAL
75GF Score
Magellan Aerospace Corp TSX:MAL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magellan Aerospace E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Magellan Aerospace's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.29/132.2623*132.2623
=0.290

Current CPI (Mar. 2026) = 132.2623.

Magellan Aerospace Quarterly Data

per share eps CPI Adj_EPS
201606 0.380 102.002 0.493
201609 0.320 101.765 0.416
201612 0.410 101.449 0.535
201703 0.680 102.634 0.876
201706 0.340 103.029 0.436
201709 0.310 103.345 0.397
201712 0.550 103.345 0.704
201803 0.300 105.004 0.378
201806 0.400 105.557 0.501
201809 0.320 105.636 0.401
201812 0.510 105.399 0.640
201903 0.350 106.979 0.433
201906 0.370 107.690 0.454
201909 0.270 107.611 0.332
201912 0.160 107.769 0.196
202003 0.340 107.927 0.417
202006 0.100 108.401 0.122
202009 0.000 108.164 0.000
202012 -0.390 108.559 -0.475
202103 0.060 110.298 0.072
202106 0.020 111.720 0.024
202109 0.010 112.905 0.012
202112 -0.100 113.774 -0.116
202203 -0.040 117.646 -0.045
202206 0.010 120.806 0.011
202209 0.010 120.648 0.011
202212 -0.360 120.964 -0.394
202303 0.070 122.702 0.075
202306 0.030 124.203 0.032
202309 0.060 125.230 0.063
202312 -0.010 125.072 -0.011
202403 0.110 126.258 0.115
202406 0.130 127.522 0.135
202409 0.100 127.285 0.104
202412 0.280 127.364 0.291
202503 0.190 129.181 0.195
202506 0.090 129.892 0.092
202509 0.220 130.287 0.223
202512 0.180 130.366 0.183
202603 0.290 132.262 0.290

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of C$0.88 mean?
Magellan Aerospace (TSX:MAL) has a E10 of C$0.88 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Magellan Aerospace and its competitors.
Is Magellan Aerospace's E10 too high?
Magellan Aerospace's current E10 is C$0.88. Overall, Magellan Aerospace has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magellan Aerospace's E10 compare to GE and RTX?
Magellan Aerospace's E10 of C$0.88 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Aerospace & Defense company?
A good E10 depends on the Aerospace & Defense industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Magellan Aerospace and its competitors. Magellan Aerospace's current E10 is C$0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Aerospace stock overvalued right now?
Based on GuruFocus' analysis, Magellan Aerospace (TSX:MAL) is currently considered Significantly Overvalued. The stock's GF Value™ is C$11.58, compared to a current price of C$30.99 — trading 167.6% above its estimated fair value. The current E10 is C$0.88. Magellan Aerospace's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Magellan Aerospace (TSX:MAL), the current E10 is C$0.88 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Magellan Aerospace (TSX:MAL) Overvalued in 2026?

Based on GuruFocus' analysis, Magellan Aerospace stock appears to be overvalued. The current stock price of C$30.99 is trading 167.6% above its estimated GF Value™ of C$11.58. GuruFocus considers Magellan Aerospace to be Significantly Overvalued.

Key valuation signals for TSX:MAL:

  • E10: C$0.88
  • GF Value™: C$11.58 vs. price of C$30.99 (167.6% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the TSX:MAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magellan Aerospace Business Description

Other Exchanges MALJF:USA4M7A:Germany
Address 3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9
Magellan Aerospace Corp supplies components to the aerospace industry. Through its subsidiaries, it engineers and manufactures aero-engine and aerostructure components for aerospace markets, including products for defense and space markets, and complementary specialty products. Some of its product offerings include honeycomb and filament-wound tubes, frames, compressor components, bypass ducts, black brant rockets, and helicopter power transmission housings, among others. The group also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services. It operates activities in one reportable segment, namely Aerospace. Geographically, the group derives its maximum revenue from Canada, followed by the United States and Europe.
75GF Score

Get the complete analysis for TSX:MAL

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$30.99
Price
C$11.58
GF Value