Review of Magellan Aerospace Corporation

DEC 10, 2024 - MAL is one of the few aerospace names with earnings and share prices that have not passed the 2019 levels yet. However, we think the recent improvement in revenue growth and earnings is quite positive for the company’s prospects going forward. MAL is still trading at a reasonable valuation compared to its historical averages and growth prospects; we think the company can continue to improve its organic growth profile and operational efficiency, as well as start to return capital to shareholders (either buyback or dividends). The share price could see a multiple re-rate from here

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Magellan Aerospace Corporation (MAL)

Q: Hi,
Following up on the Q&A re: Magellan Aerospace Corporation, can you please provide a sense of the pros and cons of this company as a long-term investment? Does it have any moat features? What are the risks and potential rewards going forward? What about position size - is a full position justified?
Thank you so much, Michael

Read Answer Asked by Michael on May 30, 2025

Q: Hi 5i,

What high quality companies do you think stand to benefit from the upcoming Carney move to investing more in Canadian-related defense and the infrastructure built out?

Thanks!

Read Answer Asked by Martha on June 02, 2025

Q: Hello
our defense Minister tells the Arms company that Canada is spending more on our military, the NATO set a goal of 5% of GDP
what Canadian companies could benefit from this move? thanks
Michael

Read Answer Asked by Michael on May 28, 2025