Magellan Aerospace: Top 10 Undervalued Aerospace & Defense Industry Stocks (MAL)
Magellan Aerospace is now ranked among the top 10 undervalued stocks in the Aerospace & Defense industry on the Toronto Stock Exchange or TSX Venture Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below).
Aerospace & Defense: Companies that manufacture aerospace and defense products, including aircraft and aircraft parts, tanks, guided missiles, space vehicles, ships and marine equipment, and other aerospace and defense components and systems, as well as companies supporting these products through repair and maintenance services. Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| FLY-X | FLYHT Aerospace Solutions | 0.88 | 0.88 | 0 (0.34) | 30,839 | 33.7 | 0 | 0 |
| FTG-T | Firan Technology Gr | 1.81 | 1.85 | 0.04 (2.28) | 11,175 | 44.4 | 0 | 0 |
| MAL-T | Magellan Aerospace | 7.1 | 8.23 | 1.13 (15.85) | 14,651 | 409.1 | 4.8 | 0 |
| HRX-T | Heroux-Devtek | 13.71 | 13.95 | 0.24 (1.76) | 16,083 | 474.8 | 0 | 18.5 |
| MRS-X | Mission Ready Solutions | 0.09 | 0.13 | 0.05 (57.62) | 78,950 | 17.3 | 0 | 0 |
| AZ-X | A2Z Smart Techs | 1.33 | 2.04 | 0.71 (53.49) | 1,881 | 36.3 | 0 | 0 |
| MDA-T | MDA | 6.64 | 8.96 | 2.32 (34.97) | 109,088 | 813.6 | 0 | 47.4 |
More about Magellan Aerospace
All data provided as-at market close November 15, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Magellan Aerospace Magellan Aerospace Corp through its subsidiaries engineers and manufactures aeroengine and aerostructure components for aerospace markets, including products for defence and space markets, and complementary specialty products. Magellan Aerospace is listed under MAL on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs. StockCalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. StockCalc's Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including: Discounted Cash Flow (DCF), Price & Other Comparables, Multiples, Adjusted Book Value (ABV) and Analyst Consensus
Artificial intelligence at Report on Business
Artificial Intelligence at Report on Business Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
