DTOL.TO vs. MAL.TO

Last updated Apr 2, 2026

Compare and contrast key facts about D2L Inc. (DTOL.TO) and Magellan Aerospace Corporation (MAL.TO).

Performance

DTOL.TO vs. MAL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in D2L Inc. (DTOL.TO) and Magellan Aerospace Corporation (MAL.TO). The values are adjusted to include any dividend payments, if applicable.

DTOL.TO vs. MAL.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DTOL.TO D2L Inc.	-36.49%	-30.32%	81.05%	65.28%	-52.87%	-17.91%
MAL.TO Magellan Aerospace Corporation	20.13%	85.92%	29.71%	-20.45%	3.54%	-5.93%

Fundamentals

Market Cap DTOL.TO : CA$481.29M MAL.TO : CA$1.27B
EPS DTOL.TO : CA$0.57 MAL.TO : CA$0.69
PE Ratio DTOL.TO : 15.09 MAL.TO : 32.15
PS Ratio DTOL.TO : 2.04 MAL.TO : 1.21
PB Ratio DTOL.TO : 5.50 MAL.TO : 1.54
Total Revenue (TTM) DTOL.TO : CA$235.95M MAL.TO : CA$1.04B
Gross Profit (TTM) DTOL.TO : CA$161.70M MAL.TO : CA$144.81M
EBITDA (TTM) DTOL.TO : CA$22.28M MAL.TO : CA$119.06M

Returns By Period

In the year-to-date period, DTOL.TO achieves a -36.49% return, which is significantly lower than MAL.TO's 20.13% return.

DTOL.TO

• 1D: 2.02%
• 1M: -12.45%
• YTD: -36.49%
• 6M: -54.24%
• 1Y: -44.96%
• 3Y*: 2.36%
• 5Y*: —
• 10Y*: —

MAL.TO

• 1D: 5.51%
• 1M: -10.32%
• YTD: 20.13%
• 6M: 34.57%
• 1Y: 73.55%
• 3Y*: 45.22%
• 5Y*: 18.42%
• 10Y*: 5.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

DTOL.TO vs. MAL.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DTOL.TO

DTOL.TO Risk / Return Rank: 6
DTOL.TO Sharpe Ratio Rank: 5
DTOL.TO Sortino Ratio Rank: 5
DTOL.TO Omega Ratio Rank: 7
DTOL.TO Calmar Ratio Rank: 13
DTOL.TO Martin Ratio Rank: 2

MAL.TO

MAL.TO Risk / Return Rank: 85
MAL.TO Sharpe Ratio Rank: 88
MAL.TO Sortino Ratio Rank: 86
MAL.TO Omega Ratio Rank: 81
MAL.TO Calmar Ratio Rank: 87
MAL.TO Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DTOL.TO vs. MAL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for D2L Inc. (DTOL.TO) and Magellan Aerospace Corporation (MAL.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DTOL.TO	MAL.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.97	1.84	-2.81
Sortino ratio Return per unit of downside risk	-1.48	2.54	-4.02
Omega ratio Gain probability vs. loss probability	0.82	1.31	-0.48
Calmar ratio Return relative to maximum drawdown	-0.77	3.28	-4.04
Martin ratio Return relative to average drawdown	-1.87	6.84	-8.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DTOL.TO vs. MAL.TO - Sharpe Ratio Comparison

The current DTOL.TO Sharpe Ratio is -0.97, which is lower than the MAL.TO Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of DTOL.TO and MAL.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DTOL.TO	MAL.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.97	1.84	-2.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	-0.04	-0.26

Correlation

The correlation between DTOL.TO and MAL.TO is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

DTOL.TO vs. MAL.TO - Dividend Comparison

DTOL.TO has not paid dividends to shareholders, while MAL.TO's dividend yield for the trailing twelve months is around 0.90%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTOL.TO D2L Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MAL.TO Magellan Aerospace Corporation	0.90%	0.94%	0.99%	1.27%	2.60%	4.22%	4.79%	2.88%	2.37%	1.33%	1.33%	1.39%

Drawdowns

DTOL.TO vs. MAL.TO - Drawdown Comparison

The maximum DTOL.TO drawdown since its inception was -69.50%, smaller than the maximum MAL.TO drawdown of -99.96%. Use the drawdown chart below to compare losses from any high point for DTOL.TO and MAL.TO.

Drawdown Indicators

	DTOL.TO	MAL.TO	Difference
Max Drawdown Largest peak-to-trough decline	-69.50%	-99.96%	+30.46%
Max Drawdown (1Y) Largest decline over 1 year	-60.93%	-22.77%	-38.16%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-75.12%	—
Current Drawdown Current decline from peak	-58.37%	-96.04%	+37.67%
Average Drawdown Average peak-to-trough decline	-37.63%	-86.89%	+49.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.93%	10.91%	+14.02%

Volatility

DTOL.TO vs. MAL.TO - Volatility Comparison

D2L Inc. (DTOL.TO) has a higher volatility of 17.12% compared to Magellan Aerospace Corporation (MAL.TO) at 15.54%. This indicates that DTOL.TO's price experiences larger fluctuations and is considered to be riskier than MAL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DTOL.TO	MAL.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.12%	15.54%	+1.58%
Volatility (6M) Calculated over the trailing 6-month period	29.66%	29.68%	-0.02%
Volatility (1Y) Calculated over the trailing 1-year period	46.38%	40.27%	+6.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.15%	32.66%	+13.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.15%	34.37%	+11.78%

Financials

DTOL.TO vs. MAL.TO - Profitability Comparison

The chart below illustrates the profitability comparison between D2L Inc. and Magellan Aerospace Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DTOL.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, D2L Inc. reported a gross profit of 50.06M and revenue of 75.03M. Therefore, the gross margin over that period was 66.7%.

MAL.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Magellan Aerospace Corporation reported a gross profit of 45.17M and revenue of 278.33M. Therefore, the gross margin over that period was 16.2%.

DTOL.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, D2L Inc. reported an operating income of 3.59M and revenue of 75.03M, resulting in an operating margin of 4.8%.

MAL.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Magellan Aerospace Corporation reported an operating income of 29.07M and revenue of 278.33M, resulting in an operating margin of 10.4%.

DTOL.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, D2L Inc. reported a net income of 6.09M and revenue of 75.03M, resulting in a net margin of 8.1%.

MAL.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Magellan Aerospace Corporation reported a net income of 10.58M and revenue of 278.33M, resulting in a net margin of 3.8%.