Tearsheet

Magna International (MGA)


Market Price (3/15/2026): $55.065 | Market Cap: $15.5 Bil
Sector: Consumer Discretionary | Industry: Automotive Parts & Equipment

Magna International (MGA)


Market Price (3/15/2026): $55.065
Market Cap: $15.5 Bil
Sector: Consumer Discretionary
Industry: Automotive Parts & Equipment

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total 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 returns
2Y Excs Rtn is -22%, 3Y Excs Rtn is -58%
Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9%
1 Attractive cash flow generation
CFO LTM is 3.6 Bil, FCF LTM is 2.3 Bil
  
2 Low stock price volatility
Vol 12M is 36%
  
3 Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, and Advanced Materials. Themes include EV Manufacturing, Autonomous Driving Technology, 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 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%
1 Attractive cash flow generation
CFO LTM is 3.6 Bil, FCF LTM is 2.3 Bil
2 Low stock price volatility
Vol 12M is 36%
3 Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, and Advanced Materials. Themes include EV Manufacturing, Autonomous Driving Technology, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -22%, 3Y Excs Rtn is -58%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9%

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Magna International (MGA) stock has gained about 15% since 11/30/2025 because of the following key factors:

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.

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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)113020253132026Change
Stock Price ($)48.4655.0613.6%
Change Contribution By: 
Total Revenues ($ Mil)41,79042,0100.5%
Net Income Margin (%)2.5%2.0%-20.2%
P/E Multiple13.218.741.2%
Shares Outstanding (Mil)2822810.2%
Cumulative Contribution13.6%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/13/2026
ReturnCorrelation
MGA13.6% 
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)83120253132026Change
Stock Price ($)45.1055.0622.1%
Change Contribution By: 
Total Revenues ($ Mil)41,60842,0101.0%
Net Income Margin (%)2.9%2.0%-32.3%
P/E Multiple10.518.778.1%
Shares Outstanding (Mil)2822810.2%
Cumulative Contribution22.1%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/13/2026
ReturnCorrelation
MGA22.1% 
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)22820253132026Change
Stock Price ($)34.9455.0657.6%
Change Contribution By: 
Total Revenues ($ Mil)42,66242,010-1.5%
Net Income Margin (%)2.5%2.0%-21.8%
P/E Multiple9.318.7100.3%
Shares Outstanding (Mil)2872812.2%
Cumulative Contribution57.6%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/13/2026
ReturnCorrelation
MGA57.6% 
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)22820233132026Change
Stock Price ($)49.3555.0611.6%
Change Contribution By: 
Total Revenues ($ Mil)37,38242,01012.4%
Net Income Margin (%)2.6%2.0%-23.2%
P/E Multiple14.818.726.3%
Shares Outstanding (Mil)2882812.4%
Cumulative Contribution11.6%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/13/2026
ReturnCorrelation
MGA11.6% 
Market (SPY)73.4%47.0%
Sector (XLY)56.0%48.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
MGA Return17%-29%9%-26%34%9%-2%
Peers Return5%-12%19%-23%8%4%-6%
S&P 500 Return27%-19%24%23%16%-1%80%

Monthly Win Rates [3]
MGA Win Rate50%33%42%17%67%33% 
Peers Win Rate50%42%48%33%56%40% 
S&P 500 Win Rate75%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

Unique KeyEventMGAS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-54.5%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven119.8%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-56.4%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven129.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven213 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-35.6%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven55.3%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven572 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-79.9%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven396.5%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven606 days1,480 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.

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Asset Allocation

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About Magna International (MGA)

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

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)

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AI 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.

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Better Bets vs. Magna International (MGA)

Trade Ideas

Select ideas related to MGA.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MBLY_2272026_Dip_Buyer_HighCashEquity_ExInd02272026MBLYMobileye GlobalDip BuyDB | Cash/EquityDip Buyer with High Net Cash % Equity
Buying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation
0.0%0.0%0.0%
SAH_2202026_Insider_Buying_GTE_1Mil_EBITp+DE_V202202026SAHSonic AutomotiveInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-5.9%-5.9%-6.1%
MAT_2132026_Insider_Buying_GTE_1Mil_EBITp+DE_V202132026MATMattelInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
2.9%2.9%0.0%
SONO_2132026_Insider_Buying_GTE_1Mil_EBITp+DE_V202132026SONOSonosInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-0.7%-0.7%-4.6%
DECK_2062026_Dip_Buyer_ValueBuy02062026DECKDeckers OutdoorDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
1.6%1.6%-0.8%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

MGAPATKVCCVGIDCHMedian
NameMagna In.Patrick .Visteon Commerci.Dauch  
Mkt Price55.06114.3189.092.905.1855.06
Mkt Cap15.53.72.40.1-3.1
Rev LTM42,0103,9513,7686585,8373,951
Op Inc LTM2,110276330-4234276
FCF LTM2,285242277-5149242
FCF 3Y Avg1,4472712367184236
CFO LTM3,5983294106412410
CFO 3Y Avg3,46035536824421368

Growth & Margins

MGAPATKVCCVGIDCHMedian
NameMagna In.Patrick .Visteon Commerci.Dauch  
Rev Chg LTM-1.9%6.3%-2.5%-12.8%-4.7%-2.5%
Rev Chg 3Y Avg3.8%-5.2%0.2%-11.9%0.3%0.2%
Rev Chg Q2.1%9.2%1.0%-11.2%0.2%1.0%
QoQ Delta Rev Chg LTM0.5%2.0%0.2%-2.8%0.1%0.2%
Op Mgn LTM5.0%7.0%8.8%-0.6%4.0%5.0%
Op Mgn 3Y Avg4.9%7.1%8.1%1.9%3.8%4.9%
QoQ Delta Op Mgn LTM0.3%0.3%-0.3%-0.0%-0.4%-0.0%
CFO/Rev LTM8.6%8.3%10.9%0.9%7.1%8.3%
CFO/Rev 3Y Avg8.1%9.6%9.6%3.2%7.0%8.1%
FCF/Rev LTM5.4%6.1%7.4%-0.8%2.6%5.4%
FCF/Rev 3Y Avg3.4%7.4%6.1%0.8%3.1%3.4%

Valuation

MGAPATKVCCVGIDCHMedian
NameMagna In.Patrick .Visteon Commerci.Dauch  
Mkt Cap15.53.72.40.1-3.1
P/S0.40.90.60.1-0.5
P/EBIT9.814.76.9-20.2-8.3
P/E18.727.412.1-1.8-15.4
P/CFO4.311.25.917.1-8.6
Total Yield8.9%5.1%8.6%-55.8%-6.9%
Dividend Yield3.5%1.5%0.3%0.0%-0.9%
FCF Yield 3Y Avg10.3%10.4%8.9%-4.6%-9.6%
D/E0.40.40.21.2-0.4
Net D/E0.30.4-0.10.9-0.4

Returns

MGAPATKVCCVGIDCHMedian
NameMagna In.Patrick .Visteon Commerci.Dauch  
1M Rtn-4.0%-21.3%-12.1%71.6%-39.7%-12.1%
3M Rtn7.0%-0.3%-13.5%82.4%-36.9%-0.3%
6M Rtn20.8%4.4%-28.0%47.2%-36.9%4.4%
12M Rtn61.8%39.5%11.3%90.8%-36.9%39.5%
3Y Rtn18.5%166.1%-44.1%-59.8%-36.9%-36.9%
1M Excs Rtn-1.6%-18.9%-9.7%74.0%-37.3%-9.7%
3M Excs Rtn10.2%2.1%-12.2%77.4%-35.3%2.1%
6M Excs Rtn16.9%-1.6%-32.9%45.9%-39.8%-1.6%
12M Excs Rtn36.9%15.1%-13.5%56.9%-57.9%15.1%
3Y Excs Rtn-57.7%80.9%-117.3%-131.7%-106.6%-106.6%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Body Exteriors & Structures17,51116,00414,19613,55016,110
Power & Vision14,30511,86111,1299,72211,103
Seating Systems6,0475,2694,8514,4555,548
Complete Vehicles5,5385,2216,0575,4156,661
Corporate and Other-604-5159-4959
Total42,79737,84036,24232,64739,431


Operating Income by Segment
$ Mil20252024202320222021
Body Exteriors & Structures1,3088628338171,296
Power & Vision561425604316573
Seating Systems21589143101308
Complete Vehicles116225277271143
Corporate and Other-741859-1847
Amortization of acquired intangible assets-88-46   
Total2,0381,5731,9161,4872,367


Assets by Segment
$ Mil20252024202320222021
Body Exteriors & Structures6,0235,011   
Power & Vision5,6164,495   
Seating Systems935889   
Complete Vehicles662671   
Corporate and Other423567   
Total13,65911,633   


Price Behavior

Price Behavior
Market Price$55.06 
Market Cap ($ Bil)15.5 
First Trading Date03/26/1990 
Distance from 52W High-19.3% 
   50 Days200 Days
DMA Price$57.30$47.46
DMA Trendupup
Distance from DMA-3.9%16.0%
 3M1YR
Volatility46.6%35.6%
Downside Capture86.4492.47
Upside Capture146.55123.63
Correlation (SPY)20.0%45.6%
MGA Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta0.670.790.650.800.841.00
Up Beta-2.96-1.40-0.61-0.620.760.86
Down Beta1.590.730.581.080.630.72
Up Capture300%227%195%158%154%151%
Bmk +ve Days9203170142431
Stock +ve Days12203468137398
Down Capture-40%62%14%70%90%107%
Bmk -ve Days12213054109320
Stock -ve Days9212756113350

[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
MGA58.2%35.7%1.34-
Sector ETF (XLY)13.0%23.7%0.4649.6%
Equity (SPY)19.6%18.9%0.8145.6%
Gold (GLD)71.9%26.3%2.054.7%
Commodities (DBC)19.3%17.3%0.8913.5%
Real Estate (VNQ)6.2%16.3%0.1944.1%
Bitcoin (BTCUSD)-15.3%44.2%-0.2527.9%

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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%0.3057.3%
Equity (SPY)13.1%17.0%0.6156.8%
Gold (GLD)24.1%17.3%1.148.5%
Commodities (DBC)11.2%19.0%0.4715.2%
Real Estate (VNQ)4.8%18.8%0.1649.2%
Bitcoin (BTCUSD)6.3%56.7%0.3326.0%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with MGA
MGA6.2%35.2%0.27-
Sector ETF (XLY)12.4%21.9%0.5261.5%
Equity (SPY)14.5%17.9%0.7062.2%
Gold (GLD)14.4%15.6%0.774.4%
Commodities (DBC)8.6%17.6%0.4026.5%
Real Estate (VNQ)5.6%20.7%0.2351.2%
Bitcoin (BTCUSD)67.4%66.8%1.0719.5%

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Short Interest

Short Interest: As Of Date2272026
Short Interest: Shares Quantity7.7 Mil
Short Interest: % Change Since 2152026-1.9%
Average Daily Volume2.4 Mil
Days-to-Cover Short Interest3.2 days
Basic Shares Quantity281.1 Mil
Short % of Basic Shares2.7%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

Expand for More
Report DateFiling DateFiling
09/30/202510/31/20256-K
06/30/202508/01/20256-K
03/31/202505/02/20256-K
12/31/202403/28/202540-F
09/30/202411/01/20246-K
06/30/202408/02/20246-K
03/31/202405/03/20246-K
12/31/202303/28/202440-F
09/30/202311/03/20236-K
06/30/202308/04/20236-K
03/31/202305/05/20236-K
12/31/202203/31/202340-F
09/30/202211/04/20226-K
06/30/202207/29/20226-K
03/31/202204/29/20226-K
12/31/202103/28/202240-F