Magna International Inc (NYSE:MGA)
$ 41.71 -0.45 (-1.07%) Market Cap: 11.99 Bil Enterprise Value: 19.03 Bil PE Ratio: 11.15 PB Ratio: 1.04 GF Score: 75/100

Magna International Inc at Bank of America Global Automotive Virtual Summit Transcript

Mar 30, 2021 / 02:00PM GMT
Release Date Price: $88.75 (+3.07%)
John Joseph Murphy
BofA Securities, Research Division - MD and Lead United States Auto Analyst

Well, thanks, everybody, for joining us again. Next up, we have Magna, which is the #2 or 3 largest auto supplier in the world depending on the year. Magna has always been a tech leader in numerous parts of the vehicle, but it's not been recognized as such, and instead, often been referred to as a great middleman, right? That's a misguided view, we believe. That view is slowly changing and the stock and the valuation are improving somewhat, but there really is a long way to go from here, at least in our opinion.

Today, we are very happy to have Vincent Galifi, CFO; and Louis Tonelli, VP, Investor Relations, to discuss the company, current market dynamics and much more. And thanks so much, guys, for joining us. We really appreciate it.

Vincent Joseph Galifi
Magna International Inc. - Executive VP & CFO

Thanks, John.

Louis Tonelli
Magna International Inc. - VP of IR

Thanks, John.

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