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Magellan AerospaceTSX:MAL -0.57%72 Equity-to-Asset is 0.68 as of Jun. 2026, which is 6% below its 10-year median of 0.72. GuruFocus rates TSX:MAL with a GF Score™ of 72/100 and a GF Value™ of C$13.23 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 361 Aerospace & Defense companies, Magellan Aerospace ranks better than 70.91% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Magellan Aerospace's Total Stockholders Equity for the quarter that ended in Jun. 2026 was C$865 Mil. Magellan Aerospace's Total Assets for the quarter that ended in Jun. 2026 was C$1,279 Mil.
Therefore, Magellan Aerospace's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.68.
The historical rank and industry rank for Magellan Aerospace's Equity-to-Asset or its related term are showing as below:
TSX:MAL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58 Med: 0.72 Max: 0.76
Current: 0.68
During the past 13 years, the highest Equity to Asset Ratio of Magellan Aerospace was 0.76. The lowest was 0.58. And the median was 0.72.
TSX:MAL's Equity-to-Asset is ranked better than 70.91% of 361
companies
in the Aerospace & Defense industry
Industry Median: 0.51
vs TSX:MAL: 0.68
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Magellan Aerospace Equity-to-Asset Related Terms
Magellan Aerospace Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Magellan Aerospace's Equity-to-Asset 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.
TSX:MAL vs SPCX, GE, RTX: Equity-to-Asset Comparison
For the Aerospace & Defense subindustry, Magellan Aerospace's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Magellan Aerospace's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Magellan Aerospace's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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) has a Equity-to-Asset of 0.68 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Magellan Aerospace and its competitors. This is near median its historical median of 0.72. Over the past decade, Magellan Aerospace's Equity-to-Asset has ranged from 0.58 to 0.76. According to the industry distribution chart, Magellan Aerospace ranks #105 out of 361 companies in the Aerospace & Defense industry, placing it in the top 29.1%.
Is Magellan Aerospace's Equity-to-Asset too high?
Magellan Aerospace's current Equity-to-Asset of 0.68 is near median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 0.76. The Aerospace & Defense industry median Equity-to-Asset is 0.51. Magellan Aerospace's value of 0.68 is 33.3% above this industry median. Based on the distribution chart, Magellan Aerospace ranks #105 out of 361 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Magellan Aerospace has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magellan Aerospace's Equity-to-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Magellan Aerospace ranks #105 out of 361 companies for Equity-to-Asset. This puts Magellan Aerospace in the upper half of its industry. The industry median Equity-to-Asset is 0.51. Magellan Aerospace's value of 0.68 is 33.3% above this benchmark. Historically, Magellan Aerospace's own Equity-to-Asset has ranged from 0.58 to 0.76 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.51, Magellan Aerospace has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Aerospace & Defense company?
The median Equity-to-Asset among Aerospace & Defense companies is 0.51, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Magellan Aerospace's current Equity-to-Asset of 0.68 is 33.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Magellan Aerospace and its competitors. For the Aerospace & Defense industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magellan Aerospace's current Equity-to-Asset is 0.68, which is near median its own 10-year median of 0.72. 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$13.23, compared to a current price of C$33.41 — trading 152.5% above its estimated fair value. The current Equity-to-Asset is 0.68, which is near median its 10-year median of 0.72 and 33.3% above the Aerospace & Defense industry median of 0.51. Magellan Aerospace's overall GF Score™ is 72/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Magellan Aerospace (TSX:MAL), the current Equity-to-Asset is 0.68 as of Jun. 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$33.41 is trading 152.5% above its estimated GF Value™ of C$13.23.
GuruFocus considers Magellan Aerospace to be Significantly Overvalued.
Key valuation signals for TSX:MAL:
Equity-to-Asset: 0.68 (near median its 10-year median of 0.72)
GF Value™: C$13.23 vs. price of C$33.41 (152.5% above fair value)
Industry Position: 33.3% above the Aerospace & Defense median (#105 of 361)
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 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.
72GF Score
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