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Magna International (MG) Competitors

Magna International logo
C$61.88 +0.36 (+0.59%)
(As of 11/15/2024 ET)

MG vs. LNR, UNS, MRE, ABCT, XTC, WPRT, SSA, QSR, CCL.B, and GIL

Should you be buying Magna International stock or one of its competitors? The main competitors of Magna International include Linamar (LNR), Uni-Select (UNS), Martinrea International (MRE), ABC Technologies (ABCT), Exco Technologies (XTC), Westport Fuel Systems (WPRT), Spectra Products (SSA), Restaurant Brands International (QSR), CCL Industries (CCL.B), and Gildan Activewear (GIL). These companies are all part of the "consumer cyclical" sector.

Magna International vs.

Linamar (TSE:LNR) and Magna International (TSE:MG) are both consumer cyclical companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, valuation, analyst recommendations, community ranking, media sentiment and dividends.

Linamar pays an annual dividend of C$1.00 per share and has a dividend yield of 1.6%. Magna International pays an annual dividend of C$2.56 per share and has a dividend yield of 4.1%. Linamar pays out 10.2% of its earnings in the form of a dividend. Magna International pays out 54.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Linamar has a net margin of 5.77% compared to Magna International's net margin of 2.29%. Linamar's return on equity of 11.31% beat Magna International's return on equity.

Company Net Margins Return on Equity Return on Assets
Linamar5.77% 11.31% 5.47%
Magna International 2.29%9.03%3.82%

20.1% of Linamar shares are held by institutional investors. Comparatively, 76.1% of Magna International shares are held by institutional investors. 33.5% of Linamar shares are held by insiders. Comparatively, 6.2% of Magna International shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Magna International received 57 more outperform votes than Linamar when rated by MarketBeat users. Likewise, 70.15% of users gave Magna International an outperform vote while only 62.95% of users gave Linamar an outperform vote.

CompanyUnderperformOutperform
LinamarOutperform Votes
406
62.95%
Underperform Votes
239
37.05%
Magna InternationalOutperform Votes
463
70.15%
Underperform Votes
197
29.85%

Magna International has higher revenue and earnings than Linamar. Linamar is trading at a lower price-to-earnings ratio than Magna International, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
LinamarC$10.46B0.36C$603.68MC$9.806.25
Magna InternationalC$43.07B0.41C$987MC$4.7413.05

In the previous week, Linamar had 18 more articles in the media than Magna International. MarketBeat recorded 21 mentions for Linamar and 3 mentions for Magna International. Linamar's average media sentiment score of -0.26 beat Magna International's score of -0.70 indicating that Linamar is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Linamar
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Neutral
Magna International
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Negative

Linamar currently has a consensus price target of C$74.80, suggesting a potential upside of 22.16%. Magna International has a consensus price target of C$60.00, suggesting a potential downside of 3.04%. Given Linamar's higher probable upside, equities analysts clearly believe Linamar is more favorable than Magna International.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Linamar
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Magna International
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.33

Linamar has a beta of 1.41, suggesting that its share price is 41% more volatile than the S&P 500. Comparatively, Magna International has a beta of 1.6, suggesting that its share price is 60% more volatile than the S&P 500.

Summary

Linamar and Magna International tied by winning 10 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MG vs. The Competition

MetricMagna InternationalAuto Parts IndustryCyclical SectorTSE Exchange
Market CapC$17.78BC$1.91BC$2.78BC$6.08B
Dividend Yield4.39%2.55%3.98%5.33%
P/E Ratio13.05104.24364.4926.33
Price / Sales0.4153.99391.801,427.12
Price / Cash20.548.5628.2482.02
Price / Book1.531.733.413.06
Net IncomeC$987MC$133.35MC$275.31MC$291.48M
7 Day Performance2.48%-0.94%-0.84%-0.14%
1 Month Performance6.05%-3.16%-1.74%-1.45%
1 Year Performance-19.52%-3.78%14.15%42.59%

Magna International Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MG
Magna International
1.608 of 5 stars
C$61.88
+0.6%
C$60.00
-3.0%
-17.6%C$17.78BC$43.07B13.05165,000Dividend Cut
LNR
Linamar
2.3367 of 5 stars
C$59.91
+1.0%
N/A+2.9%C$3.69BC$10.46B6.1132,000Earnings Report
Analyst Forecast
Analyst Revision
News Coverage
UNS
Uni-Select
N/AN/AN/AN/AC$2.10BC$1.77B24.355,200
MRE
Martinrea International
3.6215 of 5 stars
C$11.05
+0.3%
N/A-23.8%C$826.65MC$5.30B6.1019,000Analyst Forecast
Analyst Revision
News Coverage
ABCT
ABC Technologies
N/AN/AN/AN/AC$779.62MC$1.43B-11.82N/A
XTC
Exco Technologies
3.9704 of 5 stars
C$8.60
+1.5%
N/A+17.5%C$332.22MC$642.50M10.755,000
WPRT
Westport Fuel Systems
N/AC$5.58
-0.7%
N/A-33.9%C$96.31MC$325.50M-2.071,715News Coverage
SSA
Spectra Products
N/AC$0.22
+4.8%
N/A-11.3%C$3.07MC$1.76M22.00147,000News Coverage
Gap Up
QSR
Restaurant Brands International
1.3315 of 5 stars
C$94.51
-0.2%
N/A-2.3%C$30.59BC$7.48B17.186,400
CCL.B
CCL Industries
3.6091 of 5 stars
C$80.88
-0.4%
N/A+31.7%C$13.51BC$6.94B21.5121,000Analyst Forecast
News Coverage
GIL
Gildan Activewear
1.7378 of 5 stars
C$67.83
-1.0%
N/A+40.1%C$11.03BC$3.21B20.7447,000Dividend Cut

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This page (TSE:MG) was last updated on 11/17/2024 by MarketBeat.com Staff
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