Magellan Aerospace Corporation
Magellan Aerospace Corporation, through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts,… Read more
Magellan Aerospace Corporation (MALJF) - Net Assets
Latest net assets as of September 2025: $825.71 Million USD
Based on the latest financial reports, Magellan Aerospace Corporation (MALJF) has net assets worth $825.71 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.19 Billion) and total liabilities ($362.02 Million). 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 | $825.71 Million |
| % of Total Assets | 69.52% |
| Annual Growth Rate | 12.45% |
| 5-Year Change | 2.16% |
| 10-Year Change | 39.05% |
| Growth Volatility | 42.75 |
Magellan Aerospace Corporation - Net Assets Trend (1992–2024)
This chart illustrates how Magellan Aerospace Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Magellan Aerospace Corporation (1992–2024)
The table below shows the annual net assets of Magellan Aerospace Corporation from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $802.82 Million | +8.87% |
| 2023-12-31 | $737.42 Million | +0.78% |
| 2022-12-31 | $731.73 Million | -4.45% |
| 2021-12-31 | $765.82 Million | -2.55% |
| 2020-12-31 | $785.88 Million | -3.68% |
| 2019-12-31 | $815.88 Million | +3.58% |
| 2018-12-31 | $787.67 Million | +13.46% |
| 2017-12-31 | $694.23 Million | +14.31% |
| 2016-12-31 | $607.33 Million | +5.19% |
| 2015-12-31 | $577.35 Million | +25.62% |
| 2014-12-31 | $459.60 Million | +12.60% |
| 2013-12-31 | $408.16 Million | +22.01% |
| 2012-12-31 | $334.52 Million | +18.33% |
| 2011-12-31 | $282.69 Million | +6.35% |
| 2010-12-31 | $265.82 Million | -1.68% |
| 2009-12-31 | $270.35 Million | +2.48% |
| 2008-12-31 | $263.81 Million | -0.80% |
| 2007-12-31 | $265.93 Million | -12.78% |
| 2006-12-31 | $304.89 Million | -0.93% |
| 2005-12-31 | $307.74 Million | -15.79% |
| 2004-12-31 | $365.45 Million | +3.88% |
| 2003-12-31 | $351.82 Million | +17.79% |
| 2002-12-31 | $298.67 Million | -6.24% |
| 2001-12-31 | $318.56 Million | +17.01% |
| 2000-12-31 | $272.26 Million | +17.45% |
| 1999-12-31 | $231.80 Million | +31.41% |
| 1998-12-31 | $176.40 Million | +27.92% |
| 1997-12-31 | $137.90 Million | +113.47% |
| 1996-12-31 | $64.60 Million | +98.16% |
| 1995-12-31 | $32.60 Million | +671.93% |
| 1994-12-31 | $-5.70 Million | -164.77% |
| 1993-12-31 | $8.80 Million | -53.19% |
| 1992-12-31 | $18.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Magellan Aerospace Corporation'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 50633800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $480.64 Million | 60.12% |
| Common Stock | $249.76 Million | 31.24% |
| Other Comprehensive Income | $53.43 Million | 6.68% |
| Other Components | $15.61 Million | 1.95% |
| Total Equity | $799.44 Million | 100.00% |
Magellan Aerospace Corporation Competitors by Market Cap
The table below lists competitors of Magellan Aerospace Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trimegah Securities Tbk
JK:TRIM
|
$105.92 Million |
|
Medallion Metals Ltd
AU:MM8
|
$105.92 Million |
|
Power Wind Health Industry Incorporated
TW:8462
|
$105.94 Million |
|
Armata Pharmaceuticals Inc
NYSE MKT:ARMP
|
$105.98 Million |
|
Chung Hwa Chemical Industrial Works Ltd
TW:1727
|
$105.88 Million |
|
Tavia Acquisition Corp. Ordinary Shares
NASDAQ:TAVI
|
$105.87 Million |
|
CS Disco LLC
NYSE:LAW
|
$105.85 Million |
|
Pioneer Bancorp Inc
NASDAQ:PBFS
|
$105.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magellan Aerospace Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 734,040,000 to 799,440,000, a change of 65,400,000 (8.9%).
- Net income of 35,486,000 contributed positively to equity growth.
- Dividend payments of 5,715,000 reduced retained earnings.
- Share repurchases of 689,000 reduced equity.
- Other comprehensive income increased equity by 32,099,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $35.49 Million | +4.44% |
| Dividends Paid | $5.71 Million | -0.71% |
| Share Repurchases | $689.00K | -0.09% |
| Other Comprehensive Income | $32.10 Million | +4.02% |
| Other Changes | $4.22 Million | +0.53% |
| Total Change | $- | 8.91% |
Book Value vs Market Value Analysis
This analysis compares Magellan Aerospace Corporation'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: 0.64x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.11x to 0.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $80.20 | $9.00 | x |
| 1993-12-31 | $9.64 | $9.00 | x |
| 1994-12-31 | $-6.20 | $9.00 | x |
| 1995-12-31 | $4.59 | $9.00 | x |
| 1996-12-31 | $6.97 | $9.00 | x |
| 1997-12-31 | $13.35 | $9.00 | x |
| 1998-12-31 | $14.75 | $9.00 | x |
| 1999-12-31 | $18.38 | $9.00 | x |
| 2000-12-31 | $21.18 | $9.00 | x |
| 2001-12-31 | $24.09 | $9.00 | x |
| 2002-12-31 | $21.89 | $9.00 | x |
| 2003-12-31 | $26.14 | $9.00 | x |
| 2004-12-31 | $22.38 | $9.00 | x |
| 2005-12-31 | $17.20 | $9.00 | x |
| 2006-12-31 | $17.22 | $9.00 | x |
| 2007-12-31 | $14.64 | $9.00 | x |
| 2008-12-31 | $14.51 | $9.00 | x |
| 2009-12-31 | $6.00 | $9.00 | x |
| 2010-12-31 | $4.57 | $9.00 | x |
| 2011-12-31 | $4.86 | $9.00 | x |
| 2012-12-31 | $5.75 | $9.00 | x |
| 2013-12-31 | $7.01 | $9.00 | x |
| 2014-12-31 | $7.90 | $9.00 | x |
| 2015-12-31 | $9.92 | $9.00 | x |
| 2016-12-31 | $10.43 | $9.00 | x |
| 2017-12-31 | $11.93 | $9.00 | x |
| 2018-12-31 | $13.53 | $9.00 | x |
| 2019-12-31 | $13.96 | $9.00 | x |
| 2020-12-31 | $13.48 | $9.00 | x |
| 2021-12-31 | $13.21 | $9.00 | x |
| 2022-12-31 | $12.64 | $9.00 | x |
| 2023-12-31 | $12.80 | $9.00 | x |
| 2024-12-31 | $13.99 | $9.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magellan Aerospace Corporation 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): 4.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.77%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.43x
- Recent ROE (4.44%) is below the historical average (4.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | -1.06% | -0.46% | 0.87x | 2.63x | $-2.08 Million |
| 1993 | -69.32% | -6.13% | 2.51x | 4.51x | $-6.98 Million |
| 1994 | 0.00% | -16.06% | 0.98x | 0.00x | $-11.33 Million |
| 1995 | -2.17% | -3.75% | 0.21x | 2.70x | $-3.37 Million |
| 1996 | 29.41% | 13.90% | 0.97x | 2.19x | $12.54 Million |
| 1997 | 11.24% | 6.05% | 0.85x | 2.17x | $1.71 Million |
| 1998 | 18.31% | 7.57% | 1.05x | 2.31x | $14.66 Million |
| 1999 | 18.46% | 7.62% | 0.96x | 2.52x | $19.62 Million |
| 2000 | 13.93% | 6.06% | 0.90x | 2.55x | $10.69 Million |
| 2001 | 12.25% | 6.35% | 0.85x | 2.26x | $7.16 Million |
| 2002 | -2.74% | -1.78% | 0.61x | 2.51x | $-38.05 Million |
| 2003 | -4.05% | -2.98% | 0.64x | 2.14x | $-49.42 Million |
| 2004 | -0.50% | -0.32% | 0.79x | 1.98x | $-38.38 Million |
| 2005 | -1.97% | -1.07% | 0.80x | 2.32x | $-36.85 Million |
| 2006 | -2.42% | -1.28% | 0.84x | 2.24x | $-37.87 Million |
| 2007 | -4.26% | -1.90% | 0.92x | 2.44x | $-37.93 Million |
| 2008 | 4.28% | 1.65% | 1.02x | 2.54x | $-15.08 Million |
| 2009 | 9.61% | 3.78% | 1.01x | 2.52x | $-1.05 Million |
| 2010 | 9.56% | 3.47% | 1.12x | 2.46x | $-1.17 Million |
| 2011 | 13.23% | 5.41% | 1.04x | 2.34x | $9.14 Million |
| 2012 | 17.05% | 8.10% | 0.93x | 2.26x | $23.59 Million |
| 2013 | 11.14% | 6.05% | 0.95x | 1.94x | $4.67 Million |
| 2014 | 12.31% | 6.71% | 1.01x | 1.82x | $10.61 Million |
| 2015 | 13.76% | 8.35% | 0.91x | 1.82x | $21.69 Million |
| 2016 | 14.59% | 8.82% | 1.01x | 1.63x | $27.85 Million |
| 2017 | 15.77% | 11.30% | 0.98x | 1.42x | $40.06 Million |
| 2018 | 11.31% | 9.22% | 0.90x | 1.36x | $10.35 Million |
| 2019 | 8.29% | 6.63% | 0.89x | 1.40x | $-13.87 Million |
| 2020 | 0.42% | 0.45% | 0.69x | 1.37x | $-74.94 Million |
| 2021 | -0.13% | -0.14% | 0.69x | 1.32x | $-77.22 Million |
| 2022 | -2.98% | -2.84% | 0.76x | 1.39x | $-94.53 Million |
| 2023 | 1.26% | 1.05% | 0.86x | 1.40x | $-64.16 Million |
| 2024 | 4.44% | 3.77% | 0.82x | 1.43x | $-44.46 Million |
Industry Comparison
This section compares Magellan Aerospace Corporation's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Magellan Aerospace Corporation (MALJF) | $825.71 Million | -1.06% | 0.44x | $105.89 Million |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |