Magellan AerospaceMALJF -4.14%74 3-Year ROIIC % is 58.05 as of Dec. 2025, which is 160% above its 10-year median of 22.32. GuruFocus rates MALJF with a GF Score™ of 74/100 and a GF Value™ of $8.33 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 320 Aerospace & Defense companies, Magellan Aerospace ranks better than 86.87% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Magellan Aerospace's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 58.05%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Magellan Aerospace's 3-Year ROIIC % or its related term are showing as below:
MALJF's 3-Year ROIIC % is ranked better than 86.87% of 320
companies
in the Aerospace & Defense industry
Industry Median: 3.79
vs MALJF: 58.05
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Magellan Aerospace 3-Year ROIIC % Related Terms
Magellan Aerospace 3-Year ROIIC % Historical Data
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The historical data trend for Magellan Aerospace's 3-Year ROIIC % 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.
For the Aerospace & Defense subindustry, Magellan Aerospace's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Magellan Aerospace's 3-Year ROIIC % falls into.
Magellan Aerospace's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 41.9226835 (Dec. 2025) - -10.029 (Dec. 2022) )
/
( 696.947 (Dec. 2025) - 617.115 (Dec. 2022) )
=
51.9516835
/
79.832
=
65.08%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Magellan Aerospace (MALJF) has a 3-Year ROIIC % of 58.05 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Magellan Aerospace and its competitors. This is 160% above median its historical median of 22.32. According to the industry distribution chart, Magellan Aerospace ranks #42 out of 320 companies in the Aerospace & Defense industry, placing it in the top 13.1%.
Is Magellan Aerospace's 3-Year ROIIC % too high?
Magellan Aerospace's current 3-Year ROIIC % of 58.05 is 160% above median its 10-year median of 22.32. The Aerospace & Defense industry median 3-Year ROIIC % is 3.79. Magellan Aerospace's value of 58.05 is 1431.7% above this industry median. Based on the distribution chart, Magellan Aerospace ranks #42 out of 320 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position 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 3-Year ROIIC % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Magellan Aerospace ranks #42 out of 320 companies for 3-Year ROIIC %. This places Magellan Aerospace in the top 13% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.79. Magellan Aerospace's value of 58.05 is 1431.7% above this benchmark. While the company's 10-year median is 22.32 vs. the industry median of 3.79, 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 3-Year ROIIC % for an Aerospace & Defense company?
The median 3-Year ROIIC % among Aerospace & Defense companies is 3.79, based on 320 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Magellan Aerospace's current 3-Year ROIIC % of 58.05 is 1431.7% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Magellan Aerospace and its competitors. For the Aerospace & Defense industry, the median 3-Year ROIIC % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magellan Aerospace's current 3-Year ROIIC % is 58.05, which is 160% above median its own 10-year median of 22.32. 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 $8.33, compared to a current price of $23.72 — trading 184.8% above its estimated fair value. The current 3-Year ROIIC % is 58.05, which is 160% above median its 10-year median of 22.32 and 1431.7% above the Aerospace & Defense industry median of 3.79. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Magellan Aerospace (MALJF), the current 3-Year ROIIC % is 58.05 as of Dec. 2025. 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 $23.72 is trading 184.8% above its estimated GF Value™ of $8.33.
GuruFocus considers Magellan Aerospace to be Significantly Overvalued.
Key valuation signals for MALJF:
3-Year ROIIC %: 58.05 (160% above median its 10-year median of 22.32)
GF Value™: $8.33 vs. price of $23.72 (184.8% above fair value)
Industry Position: 1431.7% above the Aerospace & Defense median (#42 of 320)
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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