Tearsheet

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 227%, Dividend Yield is 258%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 223%
Weak multi-year price returns
2Y Excs Rtn is -66%, 3Y Excs Rtn is -137%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 412%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 106%
Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10%
Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.5%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -58%
  Key risks
MAGN key risks include [1] a heavy debt burden and high financial leverage, Show more.
3 Megatrend and thematic drivers
Megatrends include Advanced Materials, and Battery Technology & Metals. Themes include Specialty Chemicals for Performance, Nanomaterials, Show more.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 227%, Dividend Yield is 258%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 223%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 106%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -58%
3 Megatrend and thematic drivers
Megatrends include Advanced Materials, and Battery Technology & Metals. Themes include Specialty Chemicals for Performance, Nanomaterials, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -66%, 3Y Excs Rtn is -137%
5 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10%
6 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 412%
7 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.5%
8 Key risks
MAGN key risks include [1] a heavy debt burden and high financial leverage, Show more.

Valuation, Metrics & Events

MAGN Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points for the stock movement of Magnera (MAGN) during the approximate time period from August 31, 2025, to today:

1. Magnera's Introduction of PFAS-Free Nonwoven Solution: On December 3, 2025, Magnera announced the launch of a new, innovative solution for nonwoven textiles that delivers fluid repellency without the use of PFAS (per- and polyfluoroalkyl substances). This timely development addresses growing global regulatory pressure and market demand for sustainable alternatives, potentially boosting investor confidence and market share.

2. Strong Fourth Quarter and Fiscal Year 2025 Financial Results: Around November 20, 2025, Magnera reported its Fourth Quarter and Fiscal Year results. The company's earnings per share for the last quarter were -$0.06, surpassing the estimated -$0.08, representing a 31.50% positive surprise. This beat on earnings guidance likely contributed positively to the stock's performance.

Show more

Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
MAGN Return-6%9%-83%-30%-28%-19%-93%
Peers Return2%-0%21%-3%
S&P 500 Return16%27%-19%24%23%14%108%

Monthly Win Rates [3]
MAGN Win Rate58%67%17%42%50%50% 
Peers Win Rate43%52%40%52%47% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
MAGN Max Drawdown-45%-15%-88%-53%-34%-56% 
Peers Max Drawdown-25%-19%-13%-37% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: IP, KMB, DD, MATV, SLVM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/17/2025 (YTD)

How Low Can It Go

Unique KeyEventMAGNS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-92.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven1302.3%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-45.8%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven84.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven289 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-61.0%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven156.7%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-74.0%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven284.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,284 days1,480 days

Compare to MERC, SLVM, MAGN, CLW, ITP


In The Past

Magnera's stock fell -92.9% during the 2022 Inflation Shock from a high on 1/14/2022. A -92.9% loss requires a 1302.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Magnera (MAGN)

Better Bets than Magnera (MAGN)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select past ideas related to MAGN. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
DD_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025DDDuPont de NemoursDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
5.5%5.5%-0.2%
CF_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025CFCF IndustriesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-1.3%-1.3%-3.1%
HL_11212025_Quality_Momentum_RoomToRun_10%11212025HLHecla MiningQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
42.2%42.2%0.0%
CDE_11072025_Dip_Buyer_ValueBuy11072025CDECoeur MiningDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
15.0%15.0%-5.7%
ATR_10312025_Dip_Buyer_ValueBuy10312025ATRAptarGroupDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
5.9%5.9%-2.5%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
DD_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025DDDuPont de NemoursDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
5.5%5.5%-0.2%
CF_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025CFCF IndustriesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-1.3%-1.3%-3.1%
HL_11212025_Quality_Momentum_RoomToRun_10%11212025HLHecla MiningQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
42.2%42.2%0.0%
CDE_11072025_Dip_Buyer_ValueBuy11072025CDECoeur MiningDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
15.0%15.0%-5.7%
ATR_10312025_Dip_Buyer_ValueBuy10312025ATRAptarGroupDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
5.9%5.9%-2.5%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Magnera

Peers to compare with:

Financials

MAGNIPKMBDDMATVSLVMMedian
NameMagnera Internat.Kimberly.DuPont d.Mativ Sylvamo  
Mkt Price14.7238.69102.9440.6012.4151.4539.64
Mkt Cap0.520.434.217.00.72.19.5
Rev LTM2,69725,59618,88313,5181,9823,4318,474
Op Inc LTM67-103,1602,14339276171
FCF LTM-41-2772,1021,3168710697
FCF 3Y Avg-374912,456658110211351
CFO LTM191,1902,8722,064139338764
CFO 3Y Avg41,6883,2211,9861674301,059

Growth & Margins

MAGNIPKMBDDMATVSLVMMedian
NameMagnera Internat.Kimberly.DuPont d.Mativ Sylvamo  
Rev Chg LTM106.4%42.7%-3.1%14.0%0.4%-8.9%7.2%
Rev Chg 3Y Avg34.5%9.0%-2.1%1.3%20.1%-0.3%5.2%
Rev Chg Q154.7%56.4%-1.6%7.3%3.0%-12.3%5.2%
QoQ Delta Rev Chg LTM23.3%9.6%-0.4%1.6%0.8%-3.4%1.2%
Op Mgn LTM2.5%-0.0%16.7%15.9%2.0%8.0%5.3%
Op Mgn 3Y Avg1.9%2.9%15.2%14.9%1.6%10.6%6.7%
QoQ Delta Op Mgn LTM0.3%-1.4%0.3%0.1%0.3%-1.1%0.2%
CFO/Rev LTM0.7%4.6%15.2%15.3%7.0%9.9%8.4%
CFO/Rev 3Y Avg0.1%8.4%16.5%15.9%8.2%11.8%10.1%
FCF/Rev LTM-1.5%-1.1%11.1%9.7%4.4%3.1%3.7%
FCF/Rev 3Y Avg-2.1%2.8%12.5%5.2%5.4%5.7%5.3%

Valuation

MAGNIPKMBDDMATVSLVMMedian
NameMagnera Internat.Kimberly.DuPont d.Mativ Sylvamo  
Mkt Cap0.520.434.217.00.72.19.5
P/S0.21.02.22.40.30.50.7
P/EBIT-13.8-145.813.646.3-1.66.02.2
P/E-3.2-19.217.0-42.3-1.49.8-2.3
P/CFO22.520.614.415.84.55.215.1
Total Yield227.1%-1.6%9.9%-0.3%-68.9%14.4%4.8%
Dividend Yield258.3%3.6%4.0%2.1%1.7%4.2%3.8%
FCF Yield 3Y Avg-26.6%3.8%5.6%1.9%14.6%9.4%4.7%
D/E4.80.40.20.31.80.50.4
Net D/E4.10.40.20.21.60.40.4

Returns

MAGNIPKMBDDMATVSLVMMedian
NameMagnera Internat.Kimberly.DuPont d.Mativ Sylvamo  
1M Rtn80.4%5.5%0.5%5.6%3.2%12.7%5.5%
3M Rtn29.3%-16.6%-17.0%32.9%1.4%16.9%9.1%
6M Rtn17.2%-14.2%-17.8%53.4%94.0%4.5%10.8%
12M Rtn-21.6%-27.1%-18.3%29.4%10.6%-38.4%-20.0%
3Y Rtn-63.4%24.5%-14.8%58.8%-28.2%13.8%-0.5%
1M Excs Rtn79.7%4.7%-0.2%4.8%2.5%11.9%4.8%
3M Excs Rtn27.2%-18.2%-18.3%29.3%-3.2%13.5%5.1%
6M Excs Rtn4.8%-26.6%-30.2%41.1%81.6%-7.9%-1.5%
12M Excs Rtn-33.6%-38.6%-29.5%17.2%-1.8%-50.5%-31.6%
3Y Excs Rtn-137.2%-47.9%-84.9%-14.0%-98.2%-69.0%-76.9%

Financials

Segment Financials

Revenue by Segment

$ Mil2023202220212020
Airlaid Materials602470391406
Composite Fibers524557525522
Spunlace36658  
Inter-segment sales elimination00  
Total1,4911,085916928


Operating Income by Segment
$ Mil2023202220212020
Airlaid Materials55424641
Composite Fibers17375248
Spunlace-9-1  
Other and Unallocated-226-50-49-34
Total-164294955


Price Behavior

Short Interest

Short Interest: As Of Date11282025
Short Interest: Shares Quantity3,631,766
Short Interest: % Change Since 11152025-1.8%
Average Daily Volume2,737,228
Days-to-Cover Short Interest1.33
Basic Shares Quantity35,600,000
Short % of Basic Shares10.2%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/19/202527.9%73.1% 
8/6/20258.5%19.1%4.5%
5/7/202510.7%13.4%6.5%
2/6/20253.4%16.4%2.7%
10/30/20245.0%-8.1%-12.7%
8/8/202417.5%19.6%9.8%
5/9/20241.8%0.0%-4.7%
2/22/20240.0%2.9%-12.1%
...
SUMMARY STATS   
# Positive11129
# Negative121114
Median Positive7.6%14.8%9.8%
Median Negative-4.9%-9.8%-15.7%
Max Positive27.9%73.1%28.3%
Max Negative-20.9%-37.3%-40.3%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025806202510-Q 6/28/2025
3312025507202510-Q 3/29/2025
12312024206202510-Q 12/28/2024
93020241030202410-Q 9/30/2024
6302024808202410-Q 6/30/2024
3312024509202410-Q 3/31/2024
12312023228202410-K 12/31/2023
93020231102202310-Q 9/30/2023
6302023803202310-Q 6/30/2023
3312023504202310-Q 3/31/2023
12312022227202310-K 12/31/2022
93020221103202210-Q 9/30/2022
6302022802202210-Q 6/30/2022
3312022510202210-Q 3/31/2022
12312021225202210-K 12/31/2021
93020211102202110-Q 9/30/2021