Magna Historical Financial Ratios
| MG Stock | CAD 63.60 0.03 0.05% |
Magna International is lately reporting on over 100 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 47.48 will help investors to properly organize and evaluate Magna International financial condition quickly.
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About Magna Financial Ratios Analysis
Magna InternationalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Magna International investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Magna financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Magna International history.
Magna International Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Magna International stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Magna International sales, a figure that is much harder to manipulate than other Magna International multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Magna International dividend as a percentage of Magna International stock price. Magna International dividend yield is a measure of Magna International stock productivity, which can be interpreted as interest rate earned on an Magna International investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Stock Based Compensation To Revenue
A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.Most ratios from Magna International's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Magna International current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.At this time, Magna International's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 3rd of December 2024, POCF Ratio is likely to grow to 7.36, while Price To Sales Ratio is likely to drop 0.38.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0209 | 0.0303 | 0.0309 | Price To Sales Ratio | 0.67 | 0.43 | 0.4 |
Magna International fundamentals Correlations
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Magna International Account Relationship Matchups
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Magna International fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Dividend Yield | 0.0266 | 0.0232 | 0.0209 | 0.0303 | 0.0309 | 0.0177 | |
| Ptb Ratio | 1.59 | 1.87 | 2.06 | 1.49 | 1.43 | 1.13 | |
| Days Sales Outstanding | 54.86 | 71.49 | 63.52 | 65.51 | 67.21 | 47.48 | |
| Book Value Per Share | 35.37 | 39.11 | 40.67 | 39.03 | 42.9 | 45.04 | |
| Free Cash Flow Yield | 0.15 | 0.1 | 0.0644 | 0.0254 | 0.0355 | 0.0338 | |
| Operating Cash Flow Per Share | 12.58 | 10.94 | 9.78 | 7.21 | 11.0 | 11.55 | |
| Capex To Depreciation | 1.07 | 0.84 | 0.91 | 1.18 | 1.67 | 1.64 | |
| Pb Ratio | 1.59 | 1.87 | 2.06 | 1.49 | 1.43 | 1.13 | |
| Free Cash Flow Per Share | 8.0 | 7.12 | 5.22 | 1.43 | 2.1 | 1.54 | |
| Roic | 0.13 | 0.0737 | 0.0981 | 0.0863 | 0.12 | 0.096 | |
| Net Income Per Share | 5.61 | 2.53 | 5.04 | 2.04 | 4.24 | 4.45 | |
| Days Of Inventory On Hand | 35.45 | 44.57 | 46.59 | 45.97 | 45.21 | 43.74 | |
| Payables Turnover | 5.75 | 6.05 | 4.5 | 4.81 | 4.74 | 6.47 | |
| Research And Ddevelopement To Revenue | 0.0166 | 0.0268 | 0.0173 | 0.0165 | 0.0205 | 0.0138 | |
| Capex To Revenue | 0.0365 | 0.0351 | 0.0379 | 0.0444 | 0.0595 | 0.0542 | |
| Cash Per Share | 4.05 | 10.9 | 9.81 | 4.25 | 5.29 | 2.91 | |
| Pocfratio | 4.36 | 6.47 | 8.28 | 7.79 | 5.37 | 7.36 | |
| Interest Coverage | 24.68 | 16.14 | 15.97 | 13.55 | 11.16 | 19.58 | |
| Payout Ratio | 0.26 | 0.65 | 0.34 | 0.83 | 0.43 | 0.25 | |
| Capex To Operating Cash Flow | 0.36 | 0.35 | 0.47 | 0.8 | 0.81 | 0.77 | |
| Pfcf Ratio | 6.85 | 9.95 | 15.52 | 39.41 | 28.13 | 41.6 | |
| Days Payables Outstanding | 60.38 | 81.08 | 75.88 | 76.97 | 76.98 | 52.1 | |
| Income Quality | 2.43 | 4.84 | 1.89 | 3.27 | 2.45 | 1.92 | |
| Ev To Operating Cash Flow | 5.3 | 7.31 | 9.2 | 9.62 | 7.28 | 7.5 | |
| Pe Ratio | 9.78 | 28.03 | 16.07 | 27.56 | 13.94 | 10.26 | |
| Return On Tangible Assets | 0.0757 | 0.0291 | 0.0572 | 0.0234 | 0.0424 | 0.046 | |
| Ev To Free Cash Flow | 8.33 | 11.23 | 17.25 | 48.68 | 38.16 | 45.29 | |
| Intangibles To Total Assets | 0.0979 | 0.0954 | 0.0901 | 0.0899 | 0.0894 | 0.12 | |
| Net Debt To E B I T D A | 0.97 | 1.04 | 0.76 | 1.6 | 1.65 | 1.73 | |
| Current Ratio | 1.22 | 1.15 | 1.26 | 1.14 | 1.06 | 1.51 | |
| Tangible Book Value Per Share | 27.55 | 30.51 | 31.97 | 30.48 | 30.17 | 31.68 | |
| Receivables Turnover | 6.65 | 5.11 | 5.75 | 5.57 | 5.43 | 7.11 |
Pair Trading with Magna International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magna International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magna International will appreciate offsetting losses from the drop in the long position's value.Moving against Magna Stock
The ability to find closely correlated positions to Magna International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magna International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magna International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magna International to buy it.
The correlation of Magna International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magna International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Magna International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.