Magna International P/E 2024

Magna International P/E

7.69

Magna International Dividend yield

4.06 %

Ticker

MG.TO

ISIN

CA5592224011

WKN

868610

As of May 28, 2024, Magna International's P/E ratio was 7.69, a -33.25% change from the 11.52 P/E ratio recorded in the previous year.

The Magna International P/E history

Magna International Aktienanalyse

What does Magna International do?

Magna International Inc is a Canadian company that specializes in the production of auto parts. It was founded in 1957 by Frank Stronach and has its headquarters in Aurora, Ontario. The business model of Magna is based on the idea that they serve as a supplier to automobile manufacturers and offer products and services needed for the construction of a car. In this sense, Magna works closely with various automakers to provide customized solutions for their needs. Magna has divided itself into various divisions that cover different aspects of car manufacturing. The four largest divisions are Magna Steyr, Magna Powertrain, Magna Seating, and Magna Exteriors. Magna Steyr specializes in vehicle development and production, while Magna Powertrain focuses on drivetrain and transmission technologies. Magna Seating specializes in the production of car seats suitable for both commercial vehicles and passenger cars. The Magna Exteriors division is dedicated to the production of exterior vehicle parts, such as body and bumper components. Magna International Inc offers a wide range of products and services. These include steering systems, headlights, door panels, air conditioning, as well as electronic and safety systems. Additionally, Magna is also involved in other industries such as aerospace, agriculture, and mining. In recent years, Magna has increased its investment in research and development of autonomous driving. The company works closely with various automakers to develop customized solutions for autonomous driving. Magna International Inc has over 160,000 employees worldwide and operates in over 29 countries. The company is listed on the Toronto Stock Exchange and the New York Stock Exchange. Overall, Magna International Inc has had an impressive success story in recent years. The company has become one of the leading suppliers of auto parts and enjoys a good reputation worldwide for its high-quality products and services. Magna International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Magna International's P/E Ratio

The Price to Earnings (P/E) Ratio of Magna International is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Magna International's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Magna International is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Magna International’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Magna International Stock

What is the price-to-earnings ratio of Magna International?

The price-earnings ratio of Magna International is currently 7.69.

How has the price-earnings ratio of Magna International changed compared to last year?

The price-to-earnings ratio of Magna International has increased by -33.25% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Magna International high compared to other companies?

Yes, the price-to-earnings ratio of Magna International is high compared to other companies.

How does an increase in the price-earnings ratio of Magna International affect the company?

An increase in the price-earnings ratio of Magna International would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Magna International affect the company?

A decrease in the price-earnings ratio of Magna International would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Magna International?

Some factors that influence the price-earnings ratio of Magna International are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Magna International pay?

Over the past 12 months, Magna International paid a dividend of 1.84 USD . This corresponds to a dividend yield of about 4.06 %. For the coming 12 months, Magna International is expected to pay a dividend of 1.87 USD.

What is the dividend yield of Magna International?

The current dividend yield of Magna International is 4.06 %.

When does Magna International pay dividends?

Magna International pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Magna International?

Magna International paid dividends every year for the past 25 years.

What is the dividend of Magna International?

For the upcoming 12 months, dividends amounting to 1.87 USD are expected. This corresponds to a dividend yield of 4.12 %.

In which sector is Magna International located?

Magna International is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Magna International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Magna International from 5/31/2024 amounting to 0.475 USD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.

When did Magna International pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of Magna International in the year 2023?

In the year 2023, Magna International distributed 1.8 USD as dividends.

In which currency does Magna International pay out the dividend?

The dividends of Magna International are distributed in USD.

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Andere Kennzahlen von Magna International

Our stock analysis for Magna International Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Magna International Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.