Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last C$18.83 CAD
Change Today -0.20 / -1.05%
Volume 12.1K
MAL On Other Exchanges
As of 1:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

magellan aerospace corp (MAL) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/23/15 - C$19.21
52 Week Low
08/7/14 - C$10.39
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

Related News

No related news articles were found.

magellan aerospace corp (MAL) Related Businessweek News

No Related Businessweek News Found

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 Signs Memorandum of Understanding with Mahindra Aerospace to Develop A Partnership Agreement

Magellan Aerospace Corporation announced the signing of a Memorandum of Understanding with Mahindra Aerospace to develop a partnership agreement. This agreement will provide the framework for the two companies to offer their mutual customers major structural assemblies, machined components and fabrications for the global market. This agreement supports their customer's strategy to develop supply from India. The Magellan /Mahindra MOU responds to the needs of their customers, who were seeking a solution to support larger work packages in India. Under the terms of the agreement, Magellan and Mahindra will develop a framework to partner on jointly responding to and developing new aerostructures business opportunities. Magellan will manufacture and supply large, complex machined components from its European and North American facilities, supported by detailed machined parts from Magellan's existing Indian joint ventures, API and Triveni. Mahindra will lead in providing sheet metal and the fabricated detailed parts to support these assemblies. Mahindra will also develop a major structural assembly capability at its Bangalore-based facility.

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.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MAL:CN C$18.83 CAD -0.20

MAL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Aerospace Industrial Development Corp 38.00 TWD -0.60
Avcorp Industries Inc C$0.06 CAD -0.01
Ducommun Inc $24.65 USD +0.64
Ste Industrielle d'Aviation Latecoere SA €9.50 EUR 0.00
Sabca SA Belge Constr Aero €33.00 EUR 0.00
View Industry Companies

Industry Analysis


Industry Average

Valuation MAL Industry Range
Price/Earnings 17.0x
Price/Sales 1.3x
Price/Book 2.2x
Price/Cash Flow 16.6x
TEV/Sales 1.0x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MAGELLAN AEROSPACE CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at