MAGNA INTL
MAGNA INTL operates in Diversified Metals & Mining.
MAGNA INTL (MGA) - Net Assets
Latest net assets as of September 2024: €12.69 Billion EUR
Based on the latest financial reports, MAGNA INTL (MGA) has net assets worth €12.69 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€32.79 Billion) and total liabilities (€20.10 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €12.69 Billion |
| % of Total Assets | 38.69% |
| Annual Growth Rate | 2.66% |
| 5-Year Change | 10.3% |
| 10-Year Change | N/A |
| Growth Volatility | 7.1 |
MAGNA INTL - Net Assets Trend (2016–2023)
This chart illustrates how MAGNA INTL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MAGNA INTL (2016–2023)
The table below shows the annual net assets of MAGNA INTL from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €12.28 Billion | +8.31% |
| 2022-12-31 | €11.34 Billion | -7.28% |
| 2021-12-31 | €12.22 Billion | +4.31% |
| 2020-12-31 | €11.72 Billion | +5.29% |
| 2019-12-31 | €11.13 Billion | -0.25% |
| 2018-12-31 | €11.16 Billion | -4.88% |
| 2017-12-31 | €11.73 Billion | +14.81% |
| 2016-12-31 | €10.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MAGNA INTL's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 27.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €9.30 Billion | 78.28% |
| Other Components | €2.58 Billion | 21.72% |
| Total Equity | €11.88 Billion | 100.00% |
MAGNA INTL Competitors by Market Cap
The table below lists competitors of MAGNA INTL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
707 Cayman Holdings Limited Ordinary Shares
NASDAQ:JEM
|
$461.80K |
|
ABV Consulting Inc
PINK:ABVN
|
$461.96K |
|
Powell Max Limited Class A Ordinary Shares
NASDAQ:PMAX
|
$462.56K |
|
NR 21 S.A.
PA:NR21
|
$462.88K |
|
Sarine Technologies Ltd
TA:SARN
|
$461.49K |
|
Shorepower Technologies Inc.
OTCQB:SPEV
|
$461.21K |
|
OOOOO Entertainment Commerce Limited
PINK:OOOOF
|
$461.00K |
|
ALFA LAVAL - Dusseldorf Stock Exchang
DU:AA9
|
$460.38K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MAGNA INTL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 10,935,000,000 to 11,884,000,000, a change of 949,000,000 (8.7%).
- Net income of 1,213,000,000 contributed positively to equity growth.
- Dividend payments of 522,000,000 reduced retained earnings.
- Share repurchases of 13,000,000 reduced equity.
- Other factors increased equity by 271,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.21 Billion | +10.21% |
| Dividends Paid | €522.00 Million | -4.39% |
| Share Repurchases | €13.00 Million | -0.11% |
| Other Changes | €271.00 Million | +2.28% |
| Total Change | €- | 8.68% |
Book Value vs Market Value Analysis
This analysis compares MAGNA INTL's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.59x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €31.33 | €49.82 | x |
| 2018-12-31 | €32.69 | €49.82 | x |
| 2019-12-31 | €35.72 | €49.82 | x |
| 2020-12-31 | €37.83 | €49.82 | x |
| 2021-12-31 | €39.74 | €49.82 | x |
| 2022-12-31 | €38.24 | €49.82 | x |
| 2023-12-31 | €41.47 | €49.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MAGNA INTL utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.21%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.83%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 2.71x
- Recent ROE (10.21%) is below the historical average (14.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 20.79% | 5.57% | 1.62x | 2.31x | €1.05 Billion |
| 2017 | 19.65% | 5.66% | 1.53x | 2.26x | €1.08 Billion |
| 2018 | 21.46% | 5.62% | 1.57x | 2.42x | €1.23 Billion |
| 2019 | 16.30% | 4.48% | 1.53x | 2.38x | €681.90 Million |
| 2020 | 6.66% | 2.32% | 1.14x | 2.52x | €-380.00 Million |
| 2021 | 12.79% | 4.18% | 1.25x | 2.46x | €330.40 Million |
| 2022 | 5.41% | 1.56% | 1.36x | 2.54x | €-501.50 Million |
| 2023 | 10.21% | 2.83% | 1.33x | 2.71x | €24.60 Million |
Industry Comparison
This section compares MAGNA INTL's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MAGNA INTL (MGA) | €12.69 Billion | 20.79% | 1.58x | $461.78K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |