Magna International (MGA)
Market Price (3/15/2026): $55.065 | Market Cap: $15.5 BilSector: Consumer Discretionary | Industry: Automotive Parts & Equipment
Magna International (MGA)
Market Price (3/15/2026): $55.065Market Cap: $15.5 BilSector: Consumer DiscretionaryIndustry: Automotive Parts & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.9%, Dividend Yield is 3.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.9%, FCF Yield is 15% | Weak multi-year price returns2Y Excs Rtn is -22%, 3Y Excs Rtn is -58% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9% |
| Attractive cash flow generationCFO LTM is 3.6 Bil, FCF LTM is 2.3 Bil | ||
| Low stock price volatilityVol 12M is 36% | ||
| Megatrend and thematic driversMegatrends include Electric Vehicles & Autonomous Driving, and Advanced Materials. Themes include EV Manufacturing, Autonomous Driving Technology, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.9%, Dividend Yield is 3.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.9%, FCF Yield is 15% |
| Attractive cash flow generationCFO LTM is 3.6 Bil, FCF LTM is 2.3 Bil |
| Low stock price volatilityVol 12M is 36% |
| Megatrend and thematic driversMegatrends include Electric Vehicles & Autonomous Driving, and Advanced Materials. Themes include EV Manufacturing, Autonomous Driving Technology, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -22%, 3Y Excs Rtn is -58% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9% |
Qualitative Assessment
AI Analysis | Feedback
1. Strong Fourth Quarter 2025 Financial Performance: Magna International reported adjusted diluted earnings per share (EPS) of $2.18 for Q4 2025, significantly surpassing analysts' consensus estimates of $1.81. The company also saw its adjusted EBIT increase by 18% to $814 million, with the adjusted EBIT margin expanding by 100 basis points to 7.5%, despite a 1% decline in global light vehicle production.
2. Optimistic 2026 Financial Outlook: The company provided a positive outlook for 2026, projecting continued margin expansion with adjusted EBIT margins expected to be between 6.0% and 6.6%. Furthermore, Magna forecasts adjusted diluted EPS in the range of $6.25 to $7.25 and anticipates strong free cash flow generation between $1.6 billion and $1.8 billion, reinforcing investor confidence in future profitability.
Show more
Stock Movement Drivers
Fundamental Drivers
The 13.6% change in MGA stock from 11/30/2025 to 3/13/2026 was primarily driven by a 41.2% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 48.46 | 55.06 | 13.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 41,790 | 42,010 | 0.5% |
| Net Income Margin (%) | 2.5% | 2.0% | -20.2% |
| P/E Multiple | 13.2 | 18.7 | 41.2% |
| Shares Outstanding (Mil) | 282 | 281 | 0.2% |
| Cumulative Contribution | 13.6% |
Market Drivers
11/30/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| MGA | 13.6% | |
| Market (SPY) | -3.1% | 22.3% |
| Sector (XLY) | -6.2% | 20.9% |
Fundamental Drivers
The 22.1% change in MGA stock from 8/31/2025 to 3/13/2026 was primarily driven by a 78.1% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 45.10 | 55.06 | 22.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 41,608 | 42,010 | 1.0% |
| Net Income Margin (%) | 2.9% | 2.0% | -32.3% |
| P/E Multiple | 10.5 | 18.7 | 78.1% |
| Shares Outstanding (Mil) | 282 | 281 | 0.2% |
| Cumulative Contribution | 22.1% |
Market Drivers
8/31/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| MGA | 22.1% | |
| Market (SPY) | 3.0% | 27.4% |
| Sector (XLY) | -4.2% | 33.8% |
Fundamental Drivers
The 57.6% change in MGA stock from 2/28/2025 to 3/13/2026 was primarily driven by a 100.3% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 34.94 | 55.06 | 57.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 42,662 | 42,010 | -1.5% |
| Net Income Margin (%) | 2.5% | 2.0% | -21.8% |
| P/E Multiple | 9.3 | 18.7 | 100.3% |
| Shares Outstanding (Mil) | 287 | 281 | 2.2% |
| Cumulative Contribution | 57.6% |
Market Drivers
2/28/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| MGA | 57.6% | |
| Market (SPY) | 12.4% | 45.3% |
| Sector (XLY) | 3.4% | 48.9% |
Fundamental Drivers
The 11.6% change in MGA stock from 2/28/2023 to 3/13/2026 was primarily driven by a 26.3% change in the company's P/E Multiple.| (LTM values as of) | 2282023 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 49.35 | 55.06 | 11.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 37,382 | 42,010 | 12.4% |
| Net Income Margin (%) | 2.6% | 2.0% | -23.2% |
| P/E Multiple | 14.8 | 18.7 | 26.3% |
| Shares Outstanding (Mil) | 288 | 281 | 2.4% |
| Cumulative Contribution | 11.6% |
Market Drivers
2/28/2023 to 3/13/2026| Return | Correlation | |
|---|---|---|
| MGA | 11.6% | |
| Market (SPY) | 73.4% | 47.0% |
| Sector (XLY) | 56.0% | 48.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| MGA Return | 17% | -29% | 9% | -26% | 34% | 9% | -2% |
| Peers Return | 5% | -12% | 19% | -23% | 8% | 4% | -6% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 80% |
Monthly Win Rates [3] | |||||||
| MGA Win Rate | 50% | 33% | 42% | 17% | 67% | 33% | |
| Peers Win Rate | 50% | 42% | 48% | 33% | 56% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| MGA Max Drawdown | -2% | -40% | -13% | -34% | -25% | -4% | |
| Peers Max Drawdown | -11% | -39% | -11% | -35% | -32% | -8% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -2% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PATK, VC, CVGI, DCH, MGA.
[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] 2026 data is for the year up to 3/13/2026 (YTD)
How Low Can It Go
| Event | MGA | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -54.5% | -25.4% |
| % Gain to Breakeven | 119.8% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -56.4% | -33.9% |
| % Gain to Breakeven | 129.2% | 51.3% |
| Time to Breakeven | 213 days | 148 days |
| 2018 Correction | ||
| % Loss | -35.6% | -19.8% |
| % Gain to Breakeven | 55.3% | 24.7% |
| Time to Breakeven | 572 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -79.9% | -56.8% |
| % Gain to Breakeven | 396.5% | 131.3% |
| Time to Breakeven | 606 days | 1,480 days |
Compare to PATK, VC, CVGI, DCH, MGA
In The Past
Magna International's stock fell -54.5% during the 2022 Inflation Shock from a high on 6/4/2021. A -54.5% loss requires a 119.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Magna International (MGA)
AI Analysis | Feedback
Here are a few analogies to describe Magna International (MGA):
The Foxconn of the automotive world: Just like Foxconn manufactures a huge range of electronics for tech brands like Apple, Magna engineers and builds a vast array of components, systems, and even complete vehicles for most major car manufacturers.
The 'Intel Inside' for a wide range of car systems: Similar to how Intel supplies core processors for computers, Magna provides critical, high-tech components – like electric powertrains, transmissions, and advanced driver assistance systems – that power diverse systems within vehicles for many different car brands.
AI Analysis | Feedback
- Body & Chassis Components: Manufactures various structural and exterior components like body and chassis systems, battery enclosures, fascia, trims, front end modules, and side doors.
- Roof Systems: Provides diverse roof solutions, including exterior roof systems, modular and textile folding roofs, and hard and soft tops.
- Powertrain & Driveline Systems: Develops and produces hybrid and electric drive systems, various transmissions, AWD/4WD products, and associated driveline components.
- Advanced Driver Assistance Systems (ADAS): Offers advanced driver assistance systems, sensors, and electronic control units to enhance vehicle safety and autonomy.
- Vehicle Vision & Electronics: Supplies interior and exterior mirrors, camera and driver monitoring systems, electronic controls, door handles, and overhead consoles.
- Vehicle Lighting Systems: Manufactures forward, rear, and auxiliary lighting products for vehicles.
- Latching & Closure Systems: Produces latching mechanisms, door modules, window systems, power closures, hinges, and wire forming systems.
- Automotive Seating Systems: Designs and manufactures complete seating solutions, including structures, mechanisms, hardware, foam, and trim.
- Complete Vehicle Manufacturing & Engineering Services: Provides comprehensive services for vehicle engineering and contract manufacturing of entire vehicles.
- Tooling Products: Designs, engineers, and manufactures various tooling products for automotive production.
AI Analysis | Feedback
Magna International Inc. primarily sells its products and services to other companies, specifically original equipment manufacturers (OEMs) of vehicles and light trucks worldwide. As a major Tier-1 automotive supplier, Magna serves a broad base of global automakers. While the provided background does not list specific customer names, its business model clearly indicates that its major customers are global automotive OEMs. These include, but are not limited to, the following public companies:- General Motors (symbol: GM)
- Ford Motor Company (symbol: F)
- Stellantis (symbol: STLA)
- Toyota Motor Corporation (symbol: TM)
- Volkswagen AG (symbol: VWAGY)
- Mercedes-Benz Group AG (symbol: MBGAF)
- BMW AG (symbol: BMWYY)
- Honda Motor Co., Ltd. (symbol: HMC)
- Hyundai Motor Company (symbol: HYMTF)
AI Analysis | Feedback
nullAI Analysis | Feedback
nullAI Analysis | Feedback
nullAI Analysis | Feedback
The increasing trend among original equipment manufacturers (OEMs) to vertically integrate the design and manufacturing of critical electric vehicle (EV) components and software-defined vehicle architectures represents a clear emerging threat. Historically, Magna International's business model has thrived on providing outsourced engineering, design, and manufacturing services for a wide array of vehicle systems and components. However, new entrants and established OEMs are increasingly bringing the development and production of key EV powertrain components (e.g., motors, inverters, battery management systems) and advanced software-defined vehicle features (e.g., operating systems, ADAS software stacks) in-house. This strategic shift by OEMs, aiming to differentiate through proprietary technology and greater control over core vehicle functions, could reduce the addressable market for Magna's components and services in these crucial and growing areas of vehicle development.AI Analysis | Feedback
nullAI Analysis | Feedback
nullAI Analysis | Feedback
nullLatest Trefis Analyses
Trade Ideas
Select ideas related to MGA.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02272026 | MBLY | Mobileye Global | Dip Buy | DB | Cash/EquityDip Buyer with High Net Cash % EquityBuying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation | 0.0% | 0.0% | 0.0% |
| 02202026 | SAH | Sonic Automotive | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -5.9% | -5.9% | -6.1% |
| 02132026 | MAT | Mattel | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 2.9% | 2.9% | 0.0% |
| 02132026 | SONO | Sonos | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -0.7% | -0.7% | -4.6% |
| 02062026 | DECK | Deckers Outdoor | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.6% | 1.6% | -0.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 55.06 |
| Mkt Cap | 3.1 |
| Rev LTM | 3,951 |
| Op Inc LTM | 276 |
| FCF LTM | 242 |
| FCF 3Y Avg | 236 |
| CFO LTM | 410 |
| CFO 3Y Avg | 368 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -2.5% |
| Rev Chg 3Y Avg | 0.2% |
| Rev Chg Q | 1.0% |
| QoQ Delta Rev Chg LTM | 0.2% |
| Op Mgn LTM | 5.0% |
| Op Mgn 3Y Avg | 4.9% |
| QoQ Delta Op Mgn LTM | -0.0% |
| CFO/Rev LTM | 8.3% |
| CFO/Rev 3Y Avg | 8.1% |
| FCF/Rev LTM | 5.4% |
| FCF/Rev 3Y Avg | 3.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 3.1 |
| P/S | 0.5 |
| P/EBIT | 8.3 |
| P/E | 15.4 |
| P/CFO | 8.6 |
| Total Yield | 6.9% |
| Dividend Yield | 0.9% |
| FCF Yield 3Y Avg | 9.6% |
| D/E | 0.4 |
| Net D/E | 0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -12.1% |
| 3M Rtn | -0.3% |
| 6M Rtn | 4.4% |
| 12M Rtn | 39.5% |
| 3Y Rtn | -36.9% |
| 1M Excs Rtn | -9.7% |
| 3M Excs Rtn | 2.1% |
| 6M Excs Rtn | -1.6% |
| 12M Excs Rtn | 15.1% |
| 3Y Excs Rtn | -106.6% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Body Exteriors & Structures | 17,511 | 16,004 | 14,196 | 13,550 | 16,110 |
| Power & Vision | 14,305 | 11,861 | 11,129 | 9,722 | 11,103 |
| Seating Systems | 6,047 | 5,269 | 4,851 | 4,455 | 5,548 |
| Complete Vehicles | 5,538 | 5,221 | 6,057 | 5,415 | 6,661 |
| Corporate and Other | -604 | -515 | 9 | -495 | 9 |
| Total | 42,797 | 37,840 | 36,242 | 32,647 | 39,431 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Body Exteriors & Structures | 1,308 | 862 | 833 | 817 | 1,296 |
| Power & Vision | 561 | 425 | 604 | 316 | 573 |
| Seating Systems | 215 | 89 | 143 | 101 | 308 |
| Complete Vehicles | 116 | 225 | 277 | 271 | 143 |
| Corporate and Other | -74 | 18 | 59 | -18 | 47 |
| Amortization of acquired intangible assets | -88 | -46 | |||
| Total | 2,038 | 1,573 | 1,916 | 1,487 | 2,367 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Body Exteriors & Structures | 6,023 | 5,011 | |||
| Power & Vision | 5,616 | 4,495 | |||
| Seating Systems | 935 | 889 | |||
| Complete Vehicles | 662 | 671 | |||
| Corporate and Other | 423 | 567 | |||
| Total | 13,659 | 11,633 |
Price Behavior
| Market Price | $55.06 | |
| Market Cap ($ Bil) | 15.5 | |
| First Trading Date | 03/26/1990 | |
| Distance from 52W High | -19.3% | |
| 50 Days | 200 Days | |
| DMA Price | $57.30 | $47.46 |
| DMA Trend | up | up |
| Distance from DMA | -3.9% | 16.0% |
| 3M | 1YR | |
| Volatility | 46.6% | 35.6% |
| Downside Capture | 86.44 | 92.47 |
| Upside Capture | 146.55 | 123.63 |
| Correlation (SPY) | 20.0% | 45.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.67 | 0.79 | 0.65 | 0.80 | 0.84 | 1.00 |
| Up Beta | -2.96 | -1.40 | -0.61 | -0.62 | 0.76 | 0.86 |
| Down Beta | 1.59 | 0.73 | 0.58 | 1.08 | 0.63 | 0.72 |
| Up Capture | 300% | 227% | 195% | 158% | 154% | 151% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 12 | 20 | 34 | 68 | 137 | 398 |
| Down Capture | -40% | 62% | 14% | 70% | 90% | 107% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 9 | 21 | 27 | 56 | 113 | 350 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MGA | |
|---|---|---|---|---|
| MGA | 58.2% | 35.7% | 1.34 | - |
| Sector ETF (XLY) | 13.0% | 23.7% | 0.46 | 49.6% |
| Equity (SPY) | 19.6% | 18.9% | 0.81 | 45.6% |
| Gold (GLD) | 71.9% | 26.3% | 2.05 | 4.7% |
| Commodities (DBC) | 19.3% | 17.3% | 0.89 | 13.5% |
| Real Estate (VNQ) | 6.2% | 16.3% | 0.19 | 44.1% |
| Bitcoin (BTCUSD) | -15.3% | 44.2% | -0.25 | 27.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MGA | |
|---|---|---|---|---|
| MGA | -5.9% | 35.3% | -0.09 | - |
| Sector ETF (XLY) | 8.0% | 23.7% | 0.30 | 57.3% |
| Equity (SPY) | 13.1% | 17.0% | 0.61 | 56.8% |
| Gold (GLD) | 24.1% | 17.3% | 1.14 | 8.5% |
| Commodities (DBC) | 11.2% | 19.0% | 0.47 | 15.2% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 49.2% |
| Bitcoin (BTCUSD) | 6.3% | 56.7% | 0.33 | 26.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MGA | |
|---|---|---|---|---|
| MGA | 6.2% | 35.2% | 0.27 | - |
| Sector ETF (XLY) | 12.4% | 21.9% | 0.52 | 61.5% |
| Equity (SPY) | 14.5% | 17.9% | 0.70 | 62.2% |
| Gold (GLD) | 14.4% | 15.6% | 0.77 | 4.4% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 26.5% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 51.2% |
| Bitcoin (BTCUSD) | 67.4% | 66.8% | 1.07 | 19.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/31/2025 | 6-K |
| 06/30/2025 | 08/01/2025 | 6-K |
| 03/31/2025 | 05/02/2025 | 6-K |
| 12/31/2024 | 03/28/2025 | 40-F |
| 09/30/2024 | 11/01/2024 | 6-K |
| 06/30/2024 | 08/02/2024 | 6-K |
| 03/31/2024 | 05/03/2024 | 6-K |
| 12/31/2023 | 03/28/2024 | 40-F |
| 09/30/2023 | 11/03/2023 | 6-K |
| 06/30/2023 | 08/04/2023 | 6-K |
| 03/31/2023 | 05/05/2023 | 6-K |
| 12/31/2022 | 03/31/2023 | 40-F |
| 09/30/2022 | 11/04/2022 | 6-K |
| 06/30/2022 | 07/29/2022 | 6-K |
| 03/31/2022 | 04/29/2022 | 6-K |
| 12/31/2021 | 03/28/2022 | 40-F |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.