Professional
Added to YB: 2024-06-07
Pitch date: 2024-05-31
MGA [bullish]
Magna International Inc.
+23.77%
current return
Author Info
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Company Info
Magna International Inc. manufactures and supplies vehicle engineering, contract, and automotive space.
Market Cap
CAD 13.9B
Pitch Price
CAD 57.71
Price Target
71.00 (-1%)
Dividend
3.93%
EV/EBITDA
4.46
P/E
13.55
EV/Sales
0.49
Sector
Automobile Components
Category
growth
Show full summary:
Magna Is One of the Largest Auto Suppliers in the World, Offering Many Products and Services
MGA: Magna International, one of the largest auto suppliers globally, lacks moat despite product breadth. Targets 2026 rev $48.8B-$51.2B (4% CAGR), 7.3% EBIT margin. Valuation of $71 reflects growth potential in ADAS & EV parts. Risks: Vehicle production declines, commodity costs, recalls, capital loss on startup contracts.
Read full article (8 min)