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Magellan Aerospace (TSX:MAL) EV-to-EBIT : 21.47 (As of May. 02, 2024)


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What is Magellan Aerospace EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Magellan Aerospace's Enterprise Value is C$523.7 Mil. Magellan Aerospace's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$24.4 Mil. Therefore, Magellan Aerospace's EV-to-EBIT for today is 21.47.

The historical rank and industry rank for Magellan Aerospace's EV-to-EBIT or its related term are showing as below:

TSX:MAL' s EV-to-EBIT Range Over the Past 10 Years
Min: -433.55   Med: 9.48   Max: 138.31
Current: 21.46

During the past 13 years, the highest EV-to-EBIT of Magellan Aerospace was 138.31. The lowest was -433.55. And the median was 9.48.

TSX:MAL's EV-to-EBIT is ranked better than
60.53% of 228 companies
in the Aerospace & Defense industry
Industry Median: 26.92 vs TSX:MAL: 21.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Magellan Aerospace's Enterprise Value for the quarter that ended in Dec. 2023 was C$524.6 Mil. Magellan Aerospace's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$24.4 Mil. Magellan Aerospace's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.65%.


Magellan Aerospace EV-to-EBIT Historical Data

The historical data trend for Magellan Aerospace's EV-to-EBIT 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.

* Premium members only.

Magellan Aerospace EV-to-EBIT Chart

Magellan Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.95 28.66 135.88 -37.83 21.51

Magellan Aerospace Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 -37.83 -55.27 -148.78 -395.40 21.51

Competitive Comparison of Magellan Aerospace's EV-to-EBIT

For the Aerospace & Defense subindustry, Magellan Aerospace's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Magellan Aerospace's EV-to-EBIT falls into.



Magellan Aerospace EV-to-EBIT Calculation

Magellan Aerospace's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=523.659/24.392
=21.47

Magellan Aerospace's current Enterprise Value is C$523.7 Mil.
Magellan Aerospace's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$24.4 Mil.

* 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  (TSX:MAL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Magellan Aerospace's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=24.392/524.60092
=4.65 %

Magellan Aerospace's Enterprise Value for the quarter that ended in Dec. 2023 was C$524.6 Mil.
Magellan Aerospace's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$24.4 Mil.

* 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 EV-to-EBIT Related Terms

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Magellan Aerospace (TSX:MAL) Business Description

Traded in Other Exchanges
Address
3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

Magellan Aerospace (TSX:MAL) Headlines

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