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Magellan Aerospace (FRA:4M7A) Forward PE Ratio : 12.50 (As of May. 27, 2024)


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What is Magellan Aerospace Forward PE Ratio?

Magellan Aerospace's Forward PE Ratio for today is 12.50.

Magellan Aerospace's PE Ratio without NRI for today is 31.37.

Magellan Aerospace's PE Ratio for today is 43.42.


Magellan Aerospace Forward PE Ratio Historical Data

The historical data trend for Magellan Aerospace's Forward PE Ratio 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.

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Magellan Aerospace Forward PE Ratio Chart

Magellan Aerospace Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-05
Forward PE Ratio
11.21 11.03 12.41 9.29 10.11 16.29 16.34 27.40 10.98 12.25

Magellan Aerospace Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 11.21 8.90 11.71 9.43 11.03 11.90 13.40 10.43 12.41 12.05 11.05 10.60 9.29 12.33 10.81 9.51 10.11 7.36 10.78 8.72 16.29 23.31 34.97 15.65 16.34 25.77 29.24 21.32 27.40 25.32 25.25 10.83 10.98 11.57

Competitive Comparison of Magellan Aerospace's Forward PE Ratio

For the Aerospace & Defense subindustry, Magellan Aerospace's Forward PE Ratio, along with its competitors' market caps and Forward 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's Forward PE Ratio Distribution in the Aerospace & Defense Industry

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

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



Magellan Aerospace Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Magellan Aerospace  (FRA:4M7A) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Magellan Aerospace Forward PE Ratio Related Terms

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Magellan Aerospace (FRA:4M7A) 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 (FRA:4M7A) Headlines

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