MGA: Magna International Inc. - Summary | Jitta

Magna International Inc.

NYSE:MGA

Price
$62.29
Loss Chance
40.9%
7.36JITTA SCORE
8.96%Under Jitta Line
Jitta Ranking
453 / 4,226
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (67)
Recent Business Performance (78)
Financial Strength (79)
Return to Shareholders (73)
Competitive Advantage (65)
Jitta Signs
Revenue and EarningConsistent
Dividend PayoutIncreasing Every Year
Share RepurchaseEvery Year
Interest Coverage RatioVery Good
Cash Conversion CycleLess than 60 days
Recent Business PerformanceEarning decline 0.04% in the last year
CapExVery High
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
7.36
8.96%
Automotive Parts and Equipment
5.46
38.78%
5.93
77.68%
3.47
47.71%
COMPANY DESCRIPTION
Magna International Inc. operates as an automotive supplier in North America, Europe, the Asia Pacific, and internationally. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The company offers design and vehicle concepts, complete vehicle engineering and integration, human-machine interface, developing modules and systems, platform solutions, prototyping and low-volume manufacturing, vehicle safety testing, aerospace, and integrating functionality, features, and ADAS; and complete vehicle solutions, body-in-white, paint, and assembly complete vehicle manufacturing products. It also provides engineering services for commercial vehicles, such as propulsion engineering, software and simulation, testing services, and smart production; OPTiForm, a battery enclosure, steel battery enclosures, aluminum battery enclosures, and hybrid battery enclosures; battery enclosure production and engineering solutions; SmartAccess, a B-Pillarless power door system; and composite EV battery covers. In addition, it offers energy management solutions; hot stamping, high strength steels, aluminum castings, and high-pressure vacuum casting; suspension links and arms, twist axle, carbon fiber subframe, and frames; ADAS and Automated Driving, including Cameras, thermal sensing, interior sensing, complete radar portfolio, and compute units; and chassis control, glow plug control, powertrain control, and mechatronic control modules. Further, it provides exterior and interior products comprising assist steps, engineered glass, exterior solutions, greenhouse surrounds, lighting, mechatronics, mirrors, and seating; and powertrain products consisting BEV, Hybrid, and ICE powertrain, as well as modules and components, and energy storage systems. Magna International Inc. was founded in 1957 and is based in Aurora, Canada.