MDA Stock Analysis: MDA Space | NYSE
Aerospace & Defense | NYSE, USA | Market Cap: 5.654m USD | 12M Return: 18% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 54.2M
EPS Trend: 92.7%
Rev. Trend: 97.9%
Warnings
Tailwinds
No distinct edge detected
Seasonality 0.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
MDA Space Ltd. is a Canadian-headquartered company providing space technology solutions across satellite communications, Earth observation, space robotics, and autonomous systems for clients including governments, space agencies, and commercial space companies. Its offerings span software-defined satellites (MDA AURORA), space robotics such as Canadarm3 and MDA SKYMASTER, Earth observation data and analytics, and defense surveillance solutions, with operations spanning Canada, the U.S., Europe, Asia, and the Middle East. The company also acts as an owner-operator of Earth observation satellites, including RADARSAT-2 and the MDA CHORUS mission.
Operating in the Aerospace & Defense sector, MDA Space benefits from high barriers to entry typical of the space industry, including lengthy development cycles, significant capital requirements, and deep technical expertise built over decades. The company was incorporated in 1969 and is headquartered in Brampton, Canada, having been known as MDA Ltd. before rebranding to MDA Space Ltd. in May 2024.
- Canadarm3 lunar robotics contract anchors multi-year revenue backlog
- MDA AURORA satellite orders accelerate communications segment growth
- Defense ISR demand lifts Earth observation and surveillance revenue
| Net Income: 76.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -32.30 > 1.0 |
| NWC/Revenue: -15.22% < 20% (prev -36.52%; Δ 21.29% < -1%) |
| CFO/TA 0.05 > 3% & CFO 146.1m > Net Income 76.3m |
| Net Debt (18.6m) to EBITDA (205.9m): 0.09 < 3 |
| Current Ratio: 0.80 > 1.5 & < 3 |
| Outstanding Shares: last quarter (132.7m) vs 12m ago 4.01% < -2% |
| Gross Margin: 19.53% > 18% (prev 21.09%; Δ -1.56% > 0.5%) |
| Asset Turnover: 53.74% > 50% (prev 43.93%; Δ 9.80% > 0%) |
| Interest Coverage Ratio: 6.65 > 6 (EBIT TTM 89.0m / Interest Expense TTM 13.4m) |
| A: -0.07 (Total Current Assets 748.0m - Total Current Liabilities 940.7m) / Total Assets 2.73b |
| B: 0.07 (Retained Earnings 199.0m / Total Assets 2.73b) |
| C: 0.04 (EBIT TTM 89.0m / Avg Total Assets 2.36b) |
| D: 0.95 (Book Value of Equity 1.33b / Total Liabilities 1.40b) |
| Altman-Z'' = 1.02 = BB |
| DSRI: 0.75 (Receivables 296.8m/271.8m, Revenue 1.27b/870.3m) |
| GMI: 1.08 (GM 21.09% / 19.53%) |
| AQI: 1.10 (AQ_t 0.52 / AQ_t-1 0.48) |
| SGI: 1.45 (Revenue 1.27b / 870.3m) |
| TATA: -0.03 (NI 76.3m - CFO 146.1m) / TA 2.73b) |
| Beneish M = -2.78 (Cap -4..+1) = A |
As of July 10, 2026, the stock is trading at USD 35.39 with a total of 7,768,895 shares traded. Over the past week, the price has changed by -10.41%, over one month by -6.13%, over three months by +16.15% and over the past year by +18.01%.
Current recommended Stop Loss: 31.20 (which is 11.8% or 1.6 ATR below the current price).
MDA Space has no consensus analysts rating.
Market Cap CAD = 8.01b (5.65b USD * 1.417 USD.CAD)
P/E Trailing = 72.7679
P/E Forward = 38.9105
P/S = 2.694
P/B = 4.2134
Revenue TTM = 1.27b CAD
EBIT TTM = 89.0m CAD
EBITDA TTM = 205.9m CAD
Long Term Debt = 244.7m CAD (from longTermDebt, last quarter)
Short Term Debt = 14.2m CAD (from shortTermDebt, last quarter)
Debt = 409.7m CAD (from shortLongTermDebtTotal, last quarter) + Leases 136.0m
Net Debt = 18.6m CAD (calculated: Debt 409.7m - CCE 391.1m)
Enterprise Value = 8.03b CAD (8.01b + Debt 409.7m - CCE 391.1m)
Interest Coverage Ratio = 6.65 (Ebit TTM 89.0m / Interest Expense TTM 13.4m)
EV/FCF = -1000.0x (Enterprise Value 8.03b / FCF TTM -678k)
FCF Yield = -0.01% (FCF TTM -678k / Enterprise Value 8.03b)
FCF Margin = -0.05% (FCF TTM -678k / Revenue TTM 1.27b)
Net Margin = 6.03% (Net Income TTM 76.3m / Revenue TTM 1.27b)
Gross Margin = 19.53% ((Revenue TTM 1.27b - Cost of Revenue TTM 1.02b) / Revenue TTM)
Gross Margin QoQ = 18.10% (prev 19.19%)
Tobins Q-Ratio = 2.94 (Enterprise Value 8.03b / Total Assets 2.73b)
Interest Expense / Debt = 3.26% (Interest Expense 13.4m / Debt 409.7m)
Taxrate = 11.38% (2.73m / 24.0m)
NOPAT = 78.9m (EBIT 89.0m * (1 - 11.38%))
Current Ratio = 0.80 (Total Current Assets 748.0m / Total Current Liabilities 940.7m)
Debt / Equity = 0.31 (Debt 409.7m / totalStockholderEquity, last quarter 1.33b)
Debt / EBITDA = 0.09 (Net Debt 18.6m / EBITDA 205.9m)
Debt / FCF = -27.45 (negative FCF - burning cash) (Net Debt 18.6m / FCF TTM -678k)
Total Stockholder Equity = 1.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.24% (Net Income 76.3m / Total Assets 2.73b)
RoE = 7.24% (Net Income TTM 76.3m / Total Stockholder Equity 1.05b)
RoCE = 6.86% (EBIT 89.0m / Capital Employed (Equity 1.05b + L.T.Debt 244.7m))
RoIC = 4.53% (NOPAT 78.9m / Invested Capital 1.74b)
WACC = 19.24% (E(8.01b)/V(8.42b) * Re(20.08%) + D(409.7m)/V(8.42b) * Rd(3.26%) * (1-Tc(0.11)))
Discount Rate = 20.08% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 82.22 | Cagr: 3.54%
[DCF] Fair Price = unknown (Cash Flow -678k)
EPS Correlation: 92.75 | EPS CAGR: 48.83% | SUE: N/A | # QB: 0
Revenue Correlation: 97.91 | Revenue CAGR: 37.11% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.36 | Chg30d=+0.53% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.37 | Chg30d=-4.08% | Revisions=-40% | Analysts=2
EPS current Year (2026-12-31): EPS=1.50 | Chg30d=-0.25% | Revisions=+0% | GrowthEPS=+0.0% | GrowthRev=+11.9%
EPS next Year (2027-12-31): EPS=1.67 | Chg30d=+3.24% | Revisions=+0% | GrowthEPS=+11.2% | GrowthRev=+26.0%
[Analyst] Revisions Ratio: -18% (up=3, down=5)