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Last C$17.52 CAD
Change Today -0.085 / -0.48%
Volume 75.5K
As of 3:59 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

magellan aerospace corp (MAL) Snapshot

Open
C$17.60
Previous Close
C$17.60
Day High
C$17.74
Day Low
C$17.16
52 Week High
05/27/15 - C$17.75
52 Week Low
08/7/14 - C$10.39
Market Cap
1.0B
Average Volume 10 Days
95.6K
EPS TTM
C$1.10
Shares Outstanding
58.2M
EX-Date
06/10/15
P/E TM
15.9x
Dividend
C$0.22
Dividend Yield
1.08%
Current Stock Chart for MAGELLAN AEROSPACE CORP (MAL)

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magellan aerospace corp (MAL) Details

Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United Sates, and Europe. It operates through two segments, Aerospace and Power Generation Project. The company manufactures aero engines products, including engine frames, compressor and fan cases, turbine cases, shafts, exhaust systems, and gearbox housing; space, satellites, and rocket systems; and aero structures components comprising landing gear systems, wing ribs and spars, bulkheads and fuselage components, tailcone assemblies, and composite wing and fairing structures. It also offers precision aluminum and magnesium sand cast components that primarily include engine mounted gearbox housings, power transmission housings, APU housings, engine inlets and intermediate cases, and front frames and fan cases; and manufactures wire strike protection systems for helicopter safety. In addition, the company is involved in manufacturing, repairing, and overhauling jet engines, military aircraft, gas turbines, helicopters, critical rotating and non-rotating engine components, jet engine nacelle, exhaust components, and heat-resistant space products; and machining of medium and large aerospace and jet engine components, as well as provision of metal finishing treatment services for aerospace products. Further, it supplies design engineering and aerostructures products to the commercial and defense markets; and parts and equipment for power generation projects, as well as focuses on electric power generation in the Republic of Ghana. The company was founded in 1994 and is headquartered in Mississauga, Canada.

3,500 Employees
Last Reported Date: 03/25/15
Founded in 1994

magellan aerospace corp (MAL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$304.6K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$205.4K
Vice President of Business Development, Marke...
Total Annual Compensation: C$194.0K
Vice President of Corporate Strategy
Total Annual Compensation: C$192.6K
Vice President of North American Operations
Total Annual Compensation: C$191.8K
Compensation as of Fiscal Year 2014.

magellan aerospace corp (MAL) Key Developments

Magellan Aerospace Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Magellan Aerospace Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of CAD 228,253,000 against CAD 210,502,000 a year ago. Income before interest and income taxes was CAD 28,158,000 against CAD 18,349,000 a year ago. Income before income taxes was CAD 26,768,000 against CAD 16,651,000 a year ago. Net income was CAD 19,222,000 against CAD 12,079,000 a year ago. Basic and diluted net income per share was CAD 0.33 against CAD 0.21 a year ago. Net cash provided by operating activities was CAD 6,962,000 against CAD 1,950,000 a year ago. Purchase of property, plant and equipment was CAD 6,059,000 against CAD 6,564,000 a year ago. EBITDA was CAD 37,352,000 or CAD 0.64 per share against CAD 27,130,000 or CAD 0.47 per share a year ago. Revenues and net income reported in the quarterly information were impacted positively by the fluctuations in the Canadian dollar exchange rate in comparison to the United States dollar and British pound.

Magellan Aerospace Corp. Announces Quarterly Dividend, Payable on June 30, 2015

The Board of Directors of Magellan Aerospace Corporation declared a quarterly cash dividend of $0.055 per share on the Corporation's common shares. The dividend is payable on June 30, 2015, to stockholders of record at the close of business on June 12, 2015.

Magellan Aerospace Wins Engine Maintenance Contract Option Year for CF-188 F404

Magellan Aerospace announced the award of an option year related to the contract for engine repair and overhaul (R&O) of the F404 engine that powers Canada's fleet of CF-188 Hornet aircraft. The one-year, follow-on option year commenced on 1 April 2015, and has projected value added revenue of CAD 16 million. The work will be carried out at Magellan's facility in Mississauga, Ontario. Under the terms of the contract, the Corporation will provide maintenance, engineering, material management, provision of Field Service Representatives, and Publication support for the CF-188 F404 engine and ancillary components. In addition to supporting Canada's CF-188 F404 fleet, Magellan is a proven supplier, as well as Centre of Excellence, in the worldwide F404 engine R&O support market. There are approximately 4,000 F404 engines currently in service in 15 countries around the world.

 

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MAL:CN C$17.52 CAD -0.085

MAL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Aerospace Industrial Development Corp 41.15 TWD -0.65
Avcorp Industries Inc C$0.07 CAD +0.005
Ducommun Inc $23.35 USD -0.28
Ste Industrielle d'Aviation Latecoere SA €10.30 EUR +0.05
Sabca SA Belge Constr Aero €31.75 EUR 0.00
View Industry Companies
 

Industry Analysis

MAL

Industry Average

Valuation MAL Industry Range
Price/Earnings 16.4x
Price/Sales 1.2x
Price/Book 2.1x
Price/Cash Flow 16.0x
TEV/Sales 1.0x
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