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Magellan AerospaceMALJF 74 Net-Net Working Capital is $0.17 as of Mar. 2026. GuruFocus rates MALJF with a GF Score™ of 74/100 and a GF Value™ of $8.36 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 119 Aerospace & Defense companies, Magellan Aerospace ranks worse than 96.64% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Magellan Aerospace's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.17.
The industry rank for Magellan Aerospace's Net-Net Working Capital or its related term are showing as below:
MALJF's Price-to-Net-Net-Working-Capital is ranked worse than 96.64% of 119
companies
in the Aerospace & Defense industry
Industry Median: 9.32
vs MALJF: 144.50
Magellan Aerospace (OTCPK:MALJF) Net-Net Working Capital Explanation
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.
Magellan Aerospace Net-Net Working Capital Related Terms
Magellan Aerospace Net-Net Working Capital Historical Data
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The historical data trend for Magellan Aerospace's Net-Net Working Capital 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.
MALJF vs SPCX, GE, RTX: Net-Net Working Capital Comparison
For the Aerospace & Defense subindustry, Magellan Aerospace's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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 Price-to-Net-Net-Working-Capital vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Magellan Aerospace's Price-to-Net-Net-Working-Capital falls into.
* 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.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of $0.17 mean?
Magellan Aerospace (MALJF) has a Net-Net Working Capital of $0.17 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Magellan Aerospace According to the industry distribution chart, Magellan Aerospace ranks #115 out of 119 companies in the Aerospace & Defense industry, placing it in the top 96.6%.
Is Magellan Aerospace's Net-Net Working Capital too high?
Magellan Aerospace's current Net-Net Working Capital is $0.17. The Aerospace & Defense industry median Net-Net Working Capital is 9.32. Magellan Aerospace's value of $0.17 is 98.2% below this industry median. Based on the distribution chart, Magellan Aerospace ranks #115 out of 119 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Magellan Aerospace has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magellan Aerospace's Net-Net Working Capital compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Magellan Aerospace ranks #115 out of 119 companies for Net-Net Working Capital. This places Magellan Aerospace in the lower half of its industry. The industry median Net-Net Working Capital is 9.32. Magellan Aerospace's value of $0.17 is 98.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Aerospace & Defense company?
The median Net-Net Working Capital among Aerospace & Defense companies is 9.32, based on 119 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Magellan Aerospace's current Net-Net Working Capital of $0.17 is 98.2% below 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 Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Magellan Aerospace For the Aerospace & Defense industry, the median Net-Net Working Capital is 9.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magellan Aerospace's current Net-Net Working Capital is $0.17. 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 (MALJF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.36, compared to a current price of $24.57 — trading 193.8% above its estimated fair value. The current Net-Net Working Capital is $0.17 and 98.2% below the Aerospace & Defense industry median of 9.32. Magellan Aerospace's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Magellan Aerospace (MALJF), the current Net-Net Working Capital is $0.17 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 (MALJF) Overvalued in 2026?
Based on GuruFocus' analysis, Magellan Aerospace stock appears to be overvalued.
The current stock price of $24.57 is trading 193.8% above its estimated GF Value™ of $8.36.
GuruFocus considers Magellan Aerospace to be Significantly Overvalued.
Key valuation signals for MALJF:
Net-Net Working Capital: $0.17
GF Value™: $8.36 vs. price of $24.57 (193.8% above fair value)
Industry Position: 98.2% below the Aerospace & Defense median (#115 of 119)
No single metric tells the full story. See the MALJF 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.
74GF Score
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