# MDA Space Ltd. share price today (MDA Space Ltd., MDA) > MDA Space Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. MDA · Industrials · Aerospace & Defense · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/mda Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Mixed, from the last 12 quarters - Price: $27.32 (+39.8% in a year) - P/E: 48.3×, over 4.6 years - Revenue (Jun 2026): $499 M (+33.6% on a year ago) - Profit (Jun 2026): $27.9 M (+2.6% on a year ago) - Operating margin: 6.1% (−5.6 points on a year ago) - ROE: 8%, FY25 - ROIC: 5.9%, against a 5.2% cost of capital: +0.7 points Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the MDA Space Ltd. share price today? MDA Space Ltd.'s share price was $27.32 at the close on 3 November 2026. It has been moving sideways for 6 weeks. That is 14.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $16 and $45, and at that close it sat 40% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 18 weeks running. Over the last 5.4 years the share price moved +127% while the S&P 500 moved +82%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 2 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does MDA Space Ltd. pay? MDA Space Ltd. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is MDA Space Ltd. on? MDA Space Ltd. is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is MDA Space Ltd. profitable? MDA Space Ltd. earned $27.9 M of net profit in the Jun 2026 quarter, +2.6% on the same quarter a year earlier. Full-year FY25 profit was $109 M. Over 4 years profit has grown 147.3% a year on average. That is 5.6% of the quarter's revenue. The same quarter a year earlier earned $27.2 M. For the full year, FY25 profit was $109 M (+36.6% on the year before). Why profit moved: revenue changed +33.6% on a year earlier and the margin moved −5.6 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −7.3% and revenue +38.7%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does MDA Space Ltd. make, and is it growing? MDA Space Ltd. reported $499 M of revenue in the Jun 2026 quarter, +33.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 36.0% a year on average. The last full year, FY25, came in at $1.6 B. The last four reported quarters add to $1.9 B. FY25 revenue was $1.6 B, +51.2% on the year before. Recent pace: the last four quarters grew +38.7% on average, against 36.0% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +38.3%, against +47.5% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −7.7%, against +49.2% a year (rolling over). ## How much of every $100 of sales does MDA Space Ltd. keep? MDA Space Ltd.'s operating margin was 6.1% in the Jun 2026 quarter, 5.6 percentage points lower than the same quarter a year ago. Across 5 years it has been between 3.9% and 11.6%. The latest quarter is within that range. Why the margin moved: operating margin changed −5.6 percentage points on the year while gross margin changed −0.4 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is MDA Space Ltd.'s profit turning into cash? Over the last 3 years, 521% of MDA Space Ltd.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $408 M of operating cash against $109 M of profit. After $175 M of spending on assets, $232 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does MDA Space Ltd.'s cash go? MDA Space Ltd. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $465 M on assets over the last 3 years. Averaged over those years that is 9.5% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $465 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is MDA Space Ltd.'s P/E ratio, and how does it compare with its own history? MDA Space Ltd.'s P/E is 48.3×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +33.3% while the price moved +39.8%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +44.7% a year; about +30.2% a year came from earnings growth and about +14.5 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the MDA Space Ltd. business getting better or worse? MDA Space Ltd.'s business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 6.4%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does MDA Space Ltd. earn on its capital? MDA Space Ltd. earned a ROE of 8% in FY25. That is up from a low of 0% in FY21. Its return on capital used (ROIC) is 0.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 6.6% net margin and 0.49× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 6.6% net margin × 0.49× asset turnover × 2.48× leverage (assets divided by equity) ≈ 8.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 5.9% − 5.2% = +0.7 percentage points. The 5.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 5.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 8.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does MDA Space Ltd. have too much debt? MDA Space Ltd. has total debt of $378 M against shareholder equity of $1.9 B as of Jun 2026, so its debt is 0.20× its equity, which is very little. Year by year, that ratio went from 0.17 in FY21 to 0.30 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the MDA Space Ltd. shareholding pattern? We have no ownership or short-position figures for MDA Space Ltd., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 2.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is MDA Space Ltd. from balance-sheet trouble? For MDA Space Ltd., the Z-score is 2.27. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.27 is in the grey area, neither clearly safe nor clearly in trouble. ## How does MDA Space Ltd. rank in its industry? There is no score against its industry: MDA Space Ltd. is not among the largest members shown in this industry comparison for Aerospace & Defense. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is MDA Space Ltd. compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to MDA Space Ltd. in size? MDA Space Ltd. is the 34th largest of 61 Aerospace & Defense companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: VSE Corporation, Planet Labs PBC and Mercury Systems, Inc. Just below it: AAR Corp., Firefly Aerospace Inc. and Astronics Corporation. ### Aerospace & Defense companies close in size 1. [VSE Corporation](https://www.sectoralpha.in/us/stocks/vsec) $5.1 billion 2. [Planet Labs PBC](https://www.sectoralpha.in/us/stocks/pl) $4.9 billion 3. [Mercury Systems, Inc.](https://www.sectoralpha.in/us/stocks/mrcy) $4.8 billion 4. MDA Space Ltd. $4.4 billion 5. [AAR Corp.](https://www.sectoralpha.in/us/stocks/air) $4.3 billion 6. [Firefly Aerospace Inc.](https://www.sectoralpha.in/us/stocks/fly) $2.8 billion 7. [Astronics Corporation](https://www.sectoralpha.in/us/stocks/atro) $2.6 billion [All 61 Aerospace & Defense companies, largest first](https://www.sectoralpha.in/us/sectors/aerospace-defense#all-companies) ### Companies close in size in other industries 1. [Enova International, Inc.](https://www.sectoralpha.in/us/stocks/enva) $4.3 billion · Credit Services 2. [Korn Ferry](https://www.sectoralpha.in/us/stocks/kfy) $4.3 billion · Staffing & Employment Services 3. MDA Space Ltd. $4.3 billion 4. [BILL Holdings, Inc.](https://www.sectoralpha.in/us/stocks/bill) $4.2 billion · Software - Application 5. [TORM plc](https://www.sectoralpha.in/us/stocks/trmd) $4.2 billion · Oil & Gas Midstream ## What else do people ask about MDA Space Ltd.? ### What were MDA Space Ltd. Ltd.'s latest quarterly results? MDA Space Ltd. reported revenue of $499 M and net profit of $27.9 M for the Jun 2026 quarter. Revenue rose 33.6% and profit rose 2.6% compared with a year earlier. Earnings per share were $0.20. The operating margin was 6.1%, 5.6 percentage points lower than a year earlier (as of 3 November 2026). ### What is MDA Space Ltd. Ltd.'s market cap? MDA Space Ltd.'s market capitalisation is $4.4 B at a stock price of $27.32. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is MDA Space Ltd. Ltd. performing? MDA Space Ltd.'s share price has been moving sideways for 6 weeks. In its latest quarter, revenue rose 33.6% and profit rose 2.6% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 18 weeks running (as of 3 November 2026). ### Will MDA Space Ltd. Ltd.'s stock price go up? This page does not forecast MDA Space Ltd.'s stock price. What it shows instead: the stock price is $27.32, and it has been moving sideways for 6 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Is MDA Space Ltd. Ltd.'s profit real cash? Yes, over the last 3 years, 521% of MDA Space Ltd.'s reported profit came in as cash from operations. The latest year was lower at 376%, so the trend is worth watching. In FY25, operating cash was $408 M against reported profit of $109 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is MDA Space Ltd. Ltd. in its business cycle? MDA Space Ltd.'s FY25 operating margin was 9.8%, against a 5-year range of 3.9% to 11.6%: the middle of its own range, neither a peak nor a low. The latest quarter was 6.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the MDA Space Ltd. Ltd. story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is MDA Space Ltd. Ltd. a stock worth studying right now? What the numbers show: MDA Space Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.