Magna International Inc trades with the ticker MG on the TSX and is in the Auto Parts industry.
Overview
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, quarter windows, encapsulated glasses, and side doors. The Power & Vision segment offers “electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; engineering services; advanced driver assistance systems sensors and, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Looking to invest in Magna International Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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MG.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $21098.994MM
PE Ratio: 12.926
Price: 8.89 (Updated: 3/12/2024 0:47:16)
Magna International Inc (MG) vs Competitors in Auto Parts
Lets see how MG.TO stacks up against others in the Auto Parts asset management industry. We have identified its main peers as:Linamar Corporation, Martinrea International Inc, Westport Fuel Systems Inc, Exco Technologies Limited
.Auto Parts Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Linamar Corporation (LNR) | $4,302.469 | 8.552 | 4.287 | 1.4% |
| Magna International Inc (MG) | $21,098.994 | 12.926 | 8.122 | 3.5% |
| Martinrea International Inc (MRE) | $918.943 | 6.093 | 3.279 | 1.7% |
| Westport Fuel Systems Inc (WPRT) | $128.641 | N/A | -4.298 | N/A% |
| Exco Technologies Limited (XTC) | $285.63 | 10.352 | 5.063 | 5.7% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Auto Parts
- Magna International Inc (MG) vs Linamar Corporation (LNR)
- LNR has higher EPS (8.17 vs 5.69). MG has higher dividend yield (3.5% vs 1.4%). MG has a higher P/E ratio (12.926 vs 8.552) indicating it’s more expensive.
- Magna International Inc (MG) vs Martinrea International Inc (MRE)
- MG has higher EPS (5.69 vs 1.93). MG has higher dividend yield (3.5% vs 1.7%). MG has a higher P/E ratio (12.926 vs 6.093) indicating it’s more expensive.
- Magna International Inc (MG) vs Westport Fuel Systems Inc (WPRT)
- MG has higher EPS (5.69 vs -4.05). MG provides dividends, while WPRT does not. WPRT has a P/E under 0, indicating MG (P/E 12.926) is in a better position.
- Magna International Inc (MG) vs Exco Technologies Limited (XTC)
- MG has higher EPS (5.69 vs 0.71). XTC has higher dividend yield (5.7% vs 3.5%). MG has a higher P/E ratio (12.926 vs 10.352) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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