Loading…
← CockpitCompetitor Analysis › MG.TO Magna International Inc.Open in the cockpit ↗

Magna International Inc.MG.TOCompetitor analysis, valuation and peers

Canada · CAD·Consumer Discretionary›Auto Parts: OEM

One of the world's largest auto-parts suppliers, making body/chassis systems, seating, powertrain and electronics, and contract-assembling vehicles for automakers.

≈ A global auto-parts supplier like Aptiv or BorgWarnerMomentum neutral 43
Mkt cap
$16.1B
US dollars, full cap
Free float
94%
of shares outstanding
$/day
$74.8M
20-day average traded
Fwd P/E
8.2×
forward earnings
ROIC−WACC
-0.2 pp
WACC 10.3%
Hurdle
-6 pp
Req g minus delivered
Official | Implied
A- / BBB
agencies · bond market
Next earnings
98 days
12 Feb 2027
Close · CADC$87.38
1D-0.7%
1W-1.7%
1M-5.7%
3M-10.9%
6M+4.5%
YTD+19.4%
1Y+23.9%
ATR %3.2%
52w lowhigh13.6% off high

What Magna International does

One of the world's largest auto-parts suppliers, making body/chassis systems, seating, powertrain and electronics, and contract-assembling vehicles for automakers.

Wins a place on a vehicle program years before launch, then supplies parts for its life, so revenue follows automakers' output on programs it already holds. Its Magna Steyr unit builds complete vehicles for other brands, including the Mercedes G-Class. North America and Europe are its largest markets.

In one line: A global auto-parts supplier like Aptiv or BorgWarner.

Products and services

  • Body exteriors & structures
  • Seating systems
  • Powertrain & e-drive systems
  • Contract vehicle assembly (Magna Steyr)

Customers

  • Global automakers (GM, Ford, Stellantis, BMW, Merc

Where it sits in the supply chain

  • Consumer discretionary
  • Auto parts / OEM supply
  • Body/chassis + seating + contract…

What could go right

  • EV-platform content growth
  • Contract-manufacturing wins

What could go wrong

  • Global light-vehicle production cycle
  • OEM pricing pressure

Moat: narrow (scale, switching costs, customer qualification). Deep OEM design/production integration and scale across nearly every major automaker's platforms.

Headquarters: Aurora, Ontario, Canada · Founded: 1957 · Employees: 156,000

Named competitors

Magna International at a glance

Size Magna International (MG.TO) is a Canada Consumer Discretionary company (Auto Parts: OEM) with a market value of $16.1B, the 54th largest of 420 Canada companies the cockpit tracks. Shares closed at C$87.38 on 6 Nov 2026.

Performance Over six months the shares gained 4.5%, against -6.5% for the median peer and +5.2% for the Canada market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue grew 0.4% over the last twelve months (peer median +13.6%); the operating margin is 5.8% (peer median 9.7%).

Valuation It trades at 8.2× forward earnings against a peer median of 21.2× (cheapest of 21).

Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -6 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.2 points below its cost of capital (10.3% WACC).

Credit Magna International has 3 bonds outstanding ($1.92B), rated A- by the agencies and trading like BBB at a weighted spread of 117 bp.

Next results Next results expected around 12 Feb 2027 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026MG.TO 101Peer median 94
Six months, rebased to 100: Magna International against the median of its 20 peers (local-currency closes).

Magna International financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$58.6BC$58.8BC$58.7BC$57.8BC$49.3B
Revenue growth—0%+2%+17%—
Gross profitC$6.59BC$6.16BC$5.84BC$5.71BC$4.18B
EBITDAC$5.94BC$5.75BC$5.65BC$5.30BC$4.08B
Net incomeC$1.17BC$1.16BC$1.38BC$1.64BC$771M
Free cash flowC$4.53BC$3.19BC$1.99BC$876MC$539M
Capital expenditureC$1.81BC$1.83BC$2.98BC$3.37BC$2.19B
Total debtC$9.13BC$9.17BC$10.2BC$9.52BC$6.87B

Quarterly statements and history in the cockpit →

Magna International competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%0%BOSCHLTDKBXMOTHERSON601100ITTCUMMINSIND6016890123303001242338TREL-BDCIALSN58025334ALVHLEUNOMINDA6902MG.TO6-month return →1-month return →
Up and to the right = strong over both horizons. Magna International is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%20×40×BOSCHLTDKBXMOTHERSON601100ITTCUMMINSIND6016890123303001242338TREL-B7259DCIALSN5802HLEUNOMINDA6902MG.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Magna International is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%BOSCHLTDKBXMOTHERSON601100ITTCUMMINSIND6016890123303001242338TREL-B7259ALSN5802UNOMINDAMG.TOGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Magna International is the large dot.

Magna International competitors and peer comparison

Head to head with its named competitors (MG.TO vs APTV vs BWA vs LEA)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Magna International MG.TO$16.1B+4%0%6%8.2×0.1%
Aptiv APTV$7.98B-32%-5%10%6.8×-6.8%
BorgWarner BWA$9.80B-20%0%11%8.7×-3.2%
Lear LEA$5.31B-21%+4%4%6.9×-1.3%
Adient ADNT$1.26B-28%+4%3%6.1×-17.6%

How Magna International compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Magna International against its 20 peers (data as of 6 Nov 2026)
MeasureMG.TOPeer medianRank in peer set
1-month return-5.7%0.0%6th lowest of 21
6-month return+4.5%-6.5%6th highest of 21
Distance from 52-week high-13.6%-23.8%7th highest of 21
Revenue growth (TTM)+0.4%+13.6%2nd lowest of 21
Operating margin5.8%9.7%5th lowest of 21
Forward P/E8.2×21.2×cheapest of 21
Growth the price implies (Req g, 7 yrs)0.1%9.1%4th least demanding of 21
Growth delivered (Del g)+6.0%+9.3%4th lowest of 21
Hurdle (Req g minus delivered)-5.9 pp-1.2 pp7th least demanding of 21
ROIC minus cost of capital-0.2 pp+2.0 pp8th lowest of 21
EV / EBITDA5.1×11.7×2nd cheapest of 16
Net debt / EBITDA1.2×0.9×6th most indebted of 16
Bond spread117 bp113 bp3rd widest of 6

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Magna International MG.TOCanada$16.1B+4%0%6%8.2×0.1%+6.0%
Bosch BOSCHLTD.NSIndia$15.8B+34%+14%12%49.7×46.8%+15.7%
Knorr-Bremse KBX.DEGermany$17.1B-9%+4%13%20.7×8.6%+4.9%
Samvardhana Motherson International MOTHERSON.NSIndia$17.9B+22%+14%6%30.2×30.9%+17.0%
Jiangsu Hengli Hydraulic 601100.SSChina$17.9B-15%+31%24%38.2×24.0%+6.9%
ITT ITTUnited States$18.4B0%+28%17%21.6×20.9%+9.7%
Cummins India CUMMINSIND.NSIndia$11.9B-25%+15%19%43.5×39.5%+22.7%
Ningbo Tuopu 601689.SSChina$11.7B-26%+11%9%29.9×15.3%+35.4%
Mobis 012330.KSSouth Korea$22.3B-18%+4%6%8.3×-1.0%+10.8%
Shenzhen Inovance Technology 300124.SZChina$23.0B-17%+19%10%27.0×21.3%+31.4%
Weichai Power 2338.HKHong Kong$24.0B-50%+14%7%11.0×-7.0%+2.6%
Trelleborg TREL-B.STSweden$10.1B+19%+2%19%22.9×9.6%+2.6%
Aisin 7259.TJapan$9.78B-14%+6%4%10.0×-0.3%+7.7%
Donaldson DCIUnited States$9.77B-2%+5%16%19.5×8.3%+6.4%
Allison Transmission ALSNUnited States$9.65B-6%+71%20%11.0×2.6%+7.7%
Sumitomo Electric Industries 5802.TJapan$27.3B-47%+14%9%11.4×13.3%+11.9%
Niterra 5334.TJapan$9.01B+5%+16%19%9.9×4.0%+11.3%
Autoliv ALVUnited States$8.89B+2%+4%10%11.0×2.6%+7.7%
HELLA GmbH & Co. KGaA HLE.DEGermany$8.26B-7%-1%5%34.7×2.4%+6.1%
UNO Minda UNOMINDA.NSIndia$8.11B+16%+19%8%53.6×46.9%+25.0%
Denso 6902.TJapan$32.5B-1%+7%7%12.1×3.4%+8.8%

Magna International bonds and credit

Magna International has 3 bonds outstanding with $1.92B face value. The agencies rate it A-; its bonds trade like BBB. Weighted yield 4.19%, a spread of 117 bp over government bonds.

Every bond, yield and spread in the cockpit →

Questions

Who are Magna International's main competitors?
Named competitors: Aptiv (APTV), BorgWarner (BWA), Lear Corporation (LEA), Adient (ADNT). The cockpit's measured peer set (industry) also includes Bosch (BOSCHLTD.NS), Knorr-Bremse (KBX.DE), Samvardhana Motherson International (MOTHERSON.NS), Jiangsu Hengli Hydraulic (601100.SS), ITT (ITT), Cummins India (CUMMINSIND.NS).
Is Magna International expensive compared with its peers?
On forward p/e it trades at 8.2× against a peer median of 21.2×, cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -6 pp: the price already allows for a slowdown.
How has Magna International stock performed?
Over six months to 6 Nov 2026 the shares returned +4.5% against -6.5% for the median peer; over one year +23.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.