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Magna International (MG) Competitors

C$61.84
-0.79 (-1.26%)
(As of 05/28/2024 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.

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

Magna International has a beta of 1.7, indicating that its stock price is 70% more volatile than the S&P 500. Comparatively, Linamar has a beta of 1.48, indicating that its stock price is 48% more volatile than the S&P 500.

Linamar has a net margin of 5.55% compared to Magna International's net margin of 2.35%. Linamar's return on equity of 10.76% beat Magna International's return on equity.

Company Net Margins Return on Equity Return on Assets
Magna International2.35% 9.35% 4.13%
Linamar 5.55%10.76%5.40%

Magna International received 58 more outperform votes than Linamar when rated by MarketBeat users. Likewise, 70.43% of users gave Magna International an outperform vote while only 63.72% of users gave Linamar an outperform vote.

CompanyUnderperformOutperform
Magna InternationalOutperform Votes
462
70.43%
Underperform Votes
194
29.57%
LinamarOutperform Votes
404
63.72%
Underperform Votes
230
36.28%

74.6% of Magna International shares are held by institutional investors. Comparatively, 20.4% of Linamar shares are held by institutional investors. 6.2% of Magna International shares are held by insiders. Comparatively, 33.5% of Linamar shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Magna International presently has a consensus price target of C$60.00, suggesting a potential downside of 2.98%. Linamar has a consensus price target of C$88.60, suggesting a potential upside of 27.74%. Given Linamar's stronger consensus rating and higher possible upside, analysts clearly believe Linamar is more favorable than Magna International.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Magna International
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Linamar
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

Magna International pays an annual dividend of C$2.58 per share and has a dividend yield of 4.2%. Linamar pays an annual dividend of C$1.00 per share and has a dividend yield of 1.4%. Magna International pays out 53.8% of its earnings in the form of a dividend. Linamar pays out 10.9% 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.

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
Magna InternationalC$43.09B0.41C$1.01BC$4.8012.88
LinamarC$10.16B0.42C$564.57MC$9.177.56

In the previous week, Magna International had 2 more articles in the media than Linamar. MarketBeat recorded 3 mentions for Magna International and 1 mentions for Linamar. Linamar's average media sentiment score of 0.39 beat Magna International's score of -0.48 indicating that Linamar is being referred to more favorably in the news media.

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

Summary

Linamar beats Magna International on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MG 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$17.77BC$1.86BC$2.52BC$4.83B
Dividend Yield4.00%2.42%4.34%6.25%
P/E Ratio12.8893.10373.1725.44
Price / Sales0.4156.17282.122,752.67
Price / Cash20.548.3126.2576.13
Price / Book1.541.572.083.88
Net IncomeC$1.01BC$120.28MC$200.30MC$273.29M
7 Day Performance-2.60%-0.89%-0.79%-0.93%
1 Month Performance-7.91%0.95%2.07%2.28%
1 Year Performance-11.88%10.14%1.68%30.54%

Magna International Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LNR
Linamar
3.5429 of 5 stars
C$69.25
+0.2%
C$88.60
+27.9%
+9.9%C$4.26BC$10.16B7.5532,000
UNS
Uni-Select
0 of 5 stars
N/AN/AN/AC$2.10BC$1.77B24.355,200
MRE
Martinrea International
3.6342 of 5 stars
C$11.97
+1.3%
C$18.25
+52.5%
+2.5%C$918.58MC$5.36B6.3319,000
ABCT
ABC Technologies
0 of 5 stars
N/AC$6.75
+∞
N/AC$779.62MC$1.43B-11.82N/A
XTC
Exco Technologies
2.2889 of 5 stars
C$7.99
+0.3%
C$13.00
+62.7%
+3.1%C$309.69MC$645.24M10.655,000News Coverage
WPRT
Westport Fuel Systems
0.8011 of 5 stars
C$7.91
+0.6%
C$10.00
+26.4%
+751.6%C$136.21MC$327.13M-1.881,715Gap Up
SSA
Spectra Products
0 of 5 stars
C$0.22
-12.0%
N/A+25.7%C$3.10MC$1.98M22.00147,000News Coverage
Gap Down
High Trading Volume
QSR
Restaurant Brands International
1.3438 of 5 stars
C$92.29
0.0%
C$90.00
-2.5%
-6.8%C$29.20BC$7.17B17.519,000Positive News
High Trading Volume
CCL.B
CCL Industries
2.6309 of 5 stars
C$72.01
+1.3%
C$81.50
+13.2%
+8.6%C$12.07BC$6.73B23.3021,000
GIL
Gildan Activewear
0.6571 of 5 stars
C$51.41
+5.3%
C$46.80
-9.0%
+34.3%C$8.67BC$3.19B12.7643,000Dividend Increase

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This page (TSE:MG) was last updated on 5/28/2024 by MarketBeat.com Staff

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