
Magnera Corp. (MAGN) Market Cap
Magnera Corp. has a market capitalization of $399.4M.
Price: $11.22
▼ -0.24 (-2.09%)
Market Cap: 399.43M
NYSE · time unavailable
CEO: Curtis L. Begle
Sector: Industrials
Industry: Manufacturing - Textiles
IPO Date: 2004-02-06
Website: http://magnera.com
Magnera Corp. (MAGN) - Company Information
Market Cap: 399.43M|Sector: Industrials
Company Profile
Magnera Corp. engages in a wide range of products, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products serving the food and beverage industry. The company was founded on November 4, 2024 and is headquartered in Charlotte, NC.
Analyst Sentiment
From 2 Active Polls
1Y Forecast: $17.50
▲ +56.0% Potential Upside
Consensus Target Metrics
Low Bound
$16
Median
$18
High Bound
$19
Average
$18
Price & Moving Averages
🎯 Wall Street Analyst Intelligence Report
1-Year structural target targets, chart projections, and sentiment maps.
Consensus Trend Projection
Trailing closures vs. 12-month metrics map.
Analyst Vote Distribution
Aggregate institutional coverage sentiment weights.
📊 Historical Valuation Multiples
Real-time Trailing Twelve Month (TTM) momentum side-by-side with discrete quarterly metrics.
| Fiscal Quarter | TTM | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Trailing 12M | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 |
| Market Cap ($M) | 399 | 319 | 535 | 393 | 449 | 651 | 643 | 818 | 612 |
| Enterprise Value ($M) | 2,055 | 1,975 | 2,267 | 2,103 | 2,220 | 2,422 | 2,481 | 1,664 | 1,448 |
| Price to Earnings Ratio (P/E) | -3.66 | -4.43 | -3.94 | -2.45 | -6.23 | -3.97 | -2.68 | -13.41 | -9.40 |
| Price/Earnings-to-Growth Ratio (PEG) | — | -8.78 | — | — | -3.43 | -0.23 | -0.02 | -16.62 | -14.07 |
| Price to Sales Ratio (P/S) | 0.12 | 0.40 | 0.68 | 0.47 | 0.54 | 0.79 | 0.92 | 2.46 | 1.86 |
| Price to Book Ratio (P/B) | 0.39 | 0.31 | 0.52 | 0.37 | 0.40 | 0.60 | 0.58 | 3.96 | 2.98 |
| Price to Free Cash Flow Ratio (P/FCF) | 3.12 | 4.37 | -41.18 | 4.85 | -34.53 | 15.49 | -8.69 | 225.21 | 84.50 |
| Enterprise Value to Sales (EV/Sales) | — | 2.48 | 2.86 | 2.51 | 2.65 | 2.94 | 3.53 | 5.01 | 4.40 |
| Enterprise Value to EBITDA (EV/EBITDA) | 6.40 | 23.51 | 26.67 | 31.38 | 26.12 | 42.49 | 248.12 | 105.84 | 70.31 |
| Debt to Equity Ratio | 5.16 | 1.89 | 1.96 | 1.89 | 1.81 | 1.88 | 1.86 | 4.29 | 4.23 |
Valuation Model Suspended
API Payload Error: Inverted or negative baseline Free Cash Flow margin detected (-3.0%).
📘 Full Research Report
AI-Generated Research: This report is for informational purposes only.
📰 Market News & Coverage
15 Stories AvailableReal-time institutional reporting and market updates for MAGN.
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📊 AI Financial Analysis
Powered by StockMarketInfo"MAGN (Q1’26, ended 2026-03-28) reported Revenue of $796M and Net Income of -$18M (EPS: -$0.50). On a QoQ basis, revenue was essentially flat at -0.25% (vs. $792M in Q4’25) but net losses improved (net income -$18M vs. -$34M in Q4’25). YoY, revenue declined -3.4% (vs. $824M in Q1’25) while net income improved materially from -$41M in Q1’25 to -$18M. Profitability remains weak: the net margin improved to -2.3% from -4.3% in Q4’25, and gross margin improved modestly to ~10.4% from ~10.9% in Q4’25; operating income rose to $33M from $36M QoQ (but is far below Q3/Q4 operating strength). Interest expense is still substantial (Q1’26: $35M), contributing to pre-tax loss of -$17M. Cash flow improved sharply QoQ: operating cash flow was $87M (vs. $2M in Q4’25) and free cash flow was $73M (vs. -$13M). The balance sheet shows leverage pressure but stability: total assets were $3.90B and stockholders’ equity was $1.04B, with net debt of ~$1.66B. Shareholder returns look soft: the stock is down -28.3% over 1 year (no meaningful positive momentum), and no dividend or buybacks were reported. Analyst consensus fair value metrics appear below current valuation, limiting upside."
Revenue Growth
Revenue was flat QoQ (-0.25%) but down YoY (-3.4% from $824M to $796M). Over the last four quarters, revenue fluctuated in a narrow band (~$796M–$839M) with no clear upward trajectory.
Profitability
Net income remains negative (-$18M), but losses narrowed YoY (-$41M to -$18M) and improved QoQ (-$34M to -$18M). Margins improved (net margin -2.3% vs -4.3% in Q4’25) but overall profitability is still weak.
Cash Flow Quality
QoQ cash generation improved significantly: operating cash flow rose to $87M (from $2M) and free cash flow turned positive at $73M (from -$13M). Despite net losses, cash flow is currently supportive.
Leverage & Balance Sheet
Leverage remains high with net debt around $1.66B and total debt of ~$1.96B. However, equity is stable around ~$1.04B and total assets are roughly flat (~$3.89B–$4.11B over the period), suggesting resilience.
Shareholder Returns
Total shareholder return is weak given price performance: 1-year change is -28.3%. Dividend yield is 0 and no buybacks were reported in the cash flow.
Analyst Sentiment & Valuation
With consensus price target (17.5) well above the current price (10.81), there is some upside implied, but weak fundamentals (persistent net losses, negative margins) likely cap sentiment.
Disclaimer:This analysis is AI-generated for informational purposes only. Accuracy is not guaranteed and this does not constitute financial advice.
Fundamentals Overview
MAGN reported Q2 2026 adjusted EBITDA of $90M, in line with expectations but essentially flat due to weather-related disruptions offsetting synergy/Project CORE progress. North America absorbed the largest operational shock: Fern and Hernando caused temporary shutdowns of 13 and seven manufacturing sites, respectively, with no major damage. Management quantified the storms’ EBITDA pressure at about $5M and expects recovery through year-end via order catch-up and line-efficiency normalization. The other dominant swing factor is geopolitics (Iran-linked cost inflation) affecting raw materials, fuel, container shipping, and energy—~70% of COGS—while cash impacts lag accounting due to pass-through mechanics and timing. Management reiterated full-year targets: EBITDA $3.8–$4.1 and free cash flow $90–$110, with an explicit expectation of Q3 cash headwinds followed by Q4 recovery. They also strengthened liquidity (~$600M) and continued deleveraging ($36M debt paid down; ~$100 debt paydown target for 2026).
Growth Catalysts
- Mid-single-digit global volume increases in infrastructure product lines driven by seasonality and continued emphasis on consumer solutions
- Adult personal care growth, especially incontinence and feminine hygiene, supported by destigmatization initiatives and adoption of innovative/premium features
- New film asset commissioned at Don Buell to modernize elastic backsheets for hygiene, expected to generate new volume and efficiency improvements
Business Development
- Industrial Energy Transformation Organization support for decarbonization efforts at Gernsbach and Lidney facilities
- Collaboration with customers to transition pricing from quarterly to monthly cadence to protect supply continuity amid rapid inflation
Financial Highlights
- Adjusted EBITDA $90 million (in line with expectations after adjusting for winter storm/weather effects referenced from February call)
- Sales $796 million; performance offset by North America weather disruption and continued broad-based market softness in Europe
- Adjusted EBITDA essentially flat for the quarter: synergy realization/internal initiatives offset by storm shutdowns, weaker Europe demand, and negative mix in South America
- Americas adjusted EBITDA declined $6 million YoY; most pronounced impact from conversion cost/product mix vs only volume pressure
- Rest of World adjusted EBITDA increased 19% to $32 million due to disciplined cost management and synergy realization
- Free cash flow $73 million for the quarter; $128 million adjusted free cash flow over last twelve months
- Guidance reiterated post-March inflation: target EBITDA range $3.8 to $4.1 (implied full-year), and free cash flow $90 to $110
- Working capital/cash headwinds expected in Q3 due to inflation timing and cash dynamics; recovery expected in Q4 after Q3 headwinds
- Raw materials/fuel/container shipping/energy and related inbound/outbound transportation comprise ~70% of cost of goods sold; management highlighted cash lag vs immediate cost pressure
Capital Funding
- Paid down $36 million of debt in the quarter
- Debt repurchases for 2026 total $63 million (per CFO)
- Closed quarter with approximately $600 million of available liquidity
- Management reiterated a ~$100 debt paydown target for 2026 based on guided free cash flow range
- Deleveraging executed with cash, including open market purchases (per Q&A)
Strategy & Ops
- Project CORE progress: adjusted EBITDA essentially flat as internal gains offset external headwinds
- Localized sourcing and disciplined cost management used to mitigate macro/geopolitical disruptions
- Winter storms (Fern and Hernando) drove temporary manufacturing site shutdowns: Fern required temporary shutdown of 13 manufacturing sites; Hernando affected seven plants; no major plant damage; shipping restarted after resumption
- Energy/sustainability capex initiatives: Lidney project installing modern vacuum blowers to reduce electricity and water usage; Don Buell commissioned new film asset for elastic backsheets
- Pricing operations: shifting from quarterly to monthly price index resets with customers until volatility settles; use of surcharges/openers for non-raw material inflation
Market Outlook
- Management expects some headwinds in Q3 followed by recovery in Q4 (after incorporating March inflation)
- Americas: excluding weather impacts, volumes expected to reflect positive YoY improvement in the latter half of the year
- Europe: business sentiment remains cautious despite modest improvements in manufacturing index
Risks & Headwinds
- Winter storms Fern and Hernando causing temporary shutdowns and shipping delays; management cited ~$5 million total EBITDA pressure for the quarter and expects recovery through the balance of the year
- War in Iran driving higher raw material, fuel, and container shipping costs; increased inbound/outbound transportation and delivery times
- Transportation lanes remained tight with expected additional time to stabilize
- Potentially unprecedented volatility in both magnitude and timing of raw material inflation; cash impacts more visible than EBITDA initially due to pass-through mechanics and lag
- Tempered demand in Europe and negative mix in South America
- Working capital sensitivity: inflation expected to pressure working capital and cash timing despite efforts to shorten customer/vendor lag
Q&A: Analyst Interest
- Topic: Back-half EBITDA and cash cadence amid rapid inflation and lag effects: Management said earnings gaps were mitigated quickly; however, cash dynamics are more fluid. They expect Q3 cash headwinds tied to working-capital/inflation timing and to offset through the remainder of the year, with recovery targeted for Q4.
- Topic: Pricing mechanism shift to monthly resets and reception by customers: Management explained that contracts were built for normal environments, so they moved from quarterly to monthly with some customers due to abnormal inflation. Customers were supportive after tense early negotiations, prioritizing continuity of supply until conditions stabilize back to standard pass-through cadence.
- Topic: Winter storms impact quantification and recovery timing: Management reiterated earlier guidance of $4 million to $6 million EBITDA pressure from Fern/Hernando shutdowns, stating results came in at about $5 million total for Q2. They characterized recovery as catching up on orders and improving line efficiency through the balance of the year.
Sentiment: CAUTIOUS
Note: This summary was synthesized by AI from the MAGN Q2 2026 earnings transcript. Financial data is complex; please verify all metrics against official SEC filings before making investment decisions.
📋 Official Regulatory 10-K / 10-Q SEC Filings
Direct authenticated documentation links to audited SEC database reports for MAGN.














