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Alternative stocks to Magna (TSX:MG)


These are the alternatives to Magna that fall within the same industry, Auto Parts & Equipment, or region, Canada.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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Magna stock research in summary

magna.com


Magna shares are less expensive than other comparable stocks. While they are good value, they are riskily financed, and show below average growth. We recommend evaluating whether the future of the company Magna is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


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Country Canada
Industry Auto Parts & Equipment
Index
Size class XX-Large

Large companies - similar industry as Magna

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Nexteer Automotive Group (XL, US)  Auto Parts & Equipment
1. Nexteer Automotive Group (XL, US)   Auto Parts & Equipment 71 95 98 100
2. Martinrea (XL, CA)  Auto Parts & Equipment
2. Martinrea (XL, CA)   Auto Parts & Equipment 100 67 37 88
3. Linamar (XL, CA)  Auto Parts & Equipment
3. Linamar (XL, CA)   Auto Parts & Equipment 83 23 96 86
4. BorgWarner (XXL, US)  Auto Parts & Equipment
4. BorgWarner (XXL, US)   Auto Parts & Equipment 79 31 85 84
5. Dana (XL, US)  Auto Parts & Equipment
5. Dana (XL, US)   Auto Parts & Equipment 81 83 23 82
6. Lear (XXL, US)  Auto Parts & Equipment
6. Lear (XXL, US)   Auto Parts & Equipment 91 1 72 67
7. LCI Industries (XL, US)  Auto Parts & Equipment
7. LCI Industries (XL, US)   Auto Parts & Equipment 49 37 63 43
8. Visteon (XL, US)  Auto Parts & Equipment
8. Visteon (XL, US)   Auto Parts & Equipment 45 9 94 37
9. AAM (XL, US)  Auto Parts & Equipment
9. AAM (XL, US)   Auto Parts & Equipment 69 17 34 27
10. Patrick (XL, US)  Auto Parts & Equipment
10. Patrick (XL, US)   Auto Parts & Equipment 23 57 22 12

May 15, 2025

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Magna

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. West Fraser (XL, CA)  Forest Products
1. West Fraser (XL, CA)   Forest Products 66 100 92 100
2. Methanex (XL, CA)  Commodity Chemicals
2. Methanex (XL, CA)   Commodity Chemicals 92 59 73 100
3. Fairfax (XXL, CA)  Property & Casualty Insurance
3. Fairfax (XXL, CA)   Property & Casualty Insurance 77 63 65 96
4. Barrick Gold (XL, CA)  Gold Production
4. Barrick Gold (XL, CA)   Gold Production 90 85 70 96
5. Russel Metals (XL, CA)  Trading & Distribution
5. Russel Metals (XL, CA)   Trading & Distribution 90 49 93 96
6. Capital Power (XL, CA)  Power Producers & Traders
6. Capital Power (XL, CA)   Power Producers & Traders 62 57 99 95
7. Colliers International Group (XL, CA)  Real Estate Services
7. Colliers International Group (XL, CA)   Real Estate Services 76 48 90 94
8. Restaurant Brands International (XL, CA)  Restaurants
8. Restaurant Brands International (XL, CA)   Restaurants 52 69 65 91
9. Manulife Financial (XXL, CA)  Life & Health Insurance
9. Manulife Financial (XXL, CA)   Life & Health Insurance 59 31 100 91
10. Canfor (XL, CA)  Forest Products
10. Canfor (XL, CA)   Forest Products 55 83 60 90

May 15, 2025


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Mid sized companies - similar industry as Magna

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Motorcar Parts of America (M, US)  Auto Parts & Equipment
1. Motorcar Parts of America (M, US)   Auto Parts & Equipment 78 80 86 98
2. Cooper-Standard (L, US)  Auto Parts & Equipment
2. Cooper-Standard (L, US)   Auto Parts & Equipment 61 83 84 94
3. Standard Motor Products (L, US)  Auto Parts & Equipment
3. Standard Motor Products (L, US)   Auto Parts & Equipment 93 73 55 92
4. XPEL (M, US)  Auto Parts & Equipment
4. XPEL (M, US)   Auto Parts & Equipment 7 100 94 83
5. Strattec Security (M, US)  Auto Parts & Equipment
5. Strattec Security (M, US)   Auto Parts & Equipment 49 13 100 54
6. Fox Factory (L, US)  Auto Parts & Equipment
6. Fox Factory (L, US)   Auto Parts & Equipment 39 79 44 52
7. Stoneridge (L, US)  Auto Parts & Equipment
7. Stoneridge (L, US)   Auto Parts & Equipment 74 44 35 41
8. Dorman (L, US)  Auto Parts & Equipment
8. Dorman (L, US)   Auto Parts & Equipment 9 61 71 34
9. Gentherm (L, US)  Auto Parts & Equipment
9. Gentherm (L, US)   Auto Parts & Equipment 27 15 88 34
10. Modine (L, US)  Auto Parts & Equipment
10. Modine (L, US)   Auto Parts & Equipment 7 71 48 29

May 15, 2025


Mid sized companies - similar region as Magna

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Whitecap Resources (L, CA)  Oil & Gas Production
1. Whitecap Resources (L, CA)   Oil & Gas Production 86 80 70 100
2. SSR Mining (L, CA)  Gold Production
2. SSR Mining (L, CA)   Gold Production 92 100 84 100
3. Magellan Aerospace (M, CA)  Aerospace & Defense
3. Magellan Aerospace (M, CA)   Aerospace & Defense 87 67 100 100
4. Enghouse Systems (M, CA)  Application Software
4. Enghouse Systems (M, CA)   Application Software 99 29 95 100
5. Lightspeed Commerce (L, CA)  Application Software
5. Lightspeed Commerce (L, CA)   Application Software 70 93 76 100
6. Mullen (L, CA)  Trucking
6. Mullen (L, CA)   Trucking 95 79 76 100
7. Centerra (L, CA)  Gold Production
7. Centerra (L, CA)   Gold Production 100 59 98 98
8. Exchange Income (L, CA)  Airlines
8. Exchange Income (L, CA)   Airlines 69 95 54 98
9. Winpak (L, CA)  Metal & Glass Containers
9. Winpak (L, CA)   Metal & Glass Containers 41 85 100 98
10. Parex Resources (L, CA)  Oil & Gas Production
10. Parex Resources (L, CA)   Oil & Gas Production 94 32 100 98

May 15, 2025



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