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Canadian (TSX) Aerospace & Defense Industry Analysis

UpdatedMay 02, 2024
DataAggregated Company Financials
Companies10
  • 7D2.0%
  • 3M4.8%
  • 1Y-0.9%
  • YTD0.3%

The Aerospace & Defense industry is up 2.0% in the last week, with Bombardier up 18%. During this same period, the Héroux-Devtek underperformed, falling 6.0%. Overall in the last year, the industry is flat. Earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

Has the Canadian Aerospace & Defense Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 May 2024CA$11.5bCA$6.9bCA$294.0m33.6x39x1.7x
Sat, 30 Mar 2024CA$12.0bCA$6.9bCA$296.3m34.2x40.6x1.7x
Mon, 26 Feb 2024CA$11.3bCA$6.8bCA$257.8m29.9x43.7x1.7x
Wed, 24 Jan 2024CA$11.2bCA$6.7bCA$273.9m30.7x41.1x1.7x
Fri, 22 Dec 2023CA$11.5bCA$6.7bCA$273.9m30.5x42x1.7x
Sun, 19 Nov 2023CA$11.7bCA$6.7bCA$271.0m31x43.3x1.8x
Tue, 17 Oct 2023CA$12.7bCA$6.5bCA$202.6m30.9x62.7x1.9x
Thu, 14 Sep 2023CA$13.4bCA$6.5bCA$202.7m32.6x65.9x2x
Sat, 12 Aug 2023CA$12.8bCA$6.5bCA$204.6m32.1x62.6x2x
Mon, 10 Jul 2023CA$11.7bCA$6.3bCA$125.6m39.6x93.3x1.9x
Wed, 07 Jun 2023CA$11.7bCA$6.3bCA$124.8m35.2x94x1.9x
Fri, 05 May 2023CA$11.4bCA$5.9bCA$74.4m28.3x153.8x1.9x
Sun, 02 Apr 2023CA$11.9bCA$5.9bCA$65.6m31.6x181.9x2x
Tue, 28 Feb 2023CA$12.2bCA$5.8bCA$104.3m52.8x117x2.1x
Thu, 26 Jan 2023CA$11.6bCA$5.6bCA$56.0m41.3x207.6x2.1x
Sat, 24 Dec 2022CA$10.2bCA$5.6bCA$55.6m29.9x183.9x1.8x
Mon, 21 Nov 2022CA$11.1bCA$5.6bCA$60.5m32.4x182.9x2x
Wed, 19 Oct 2022CA$9.5bCA$5.4bCA$76.8m46.5x124.2x1.8x
Fri, 16 Sep 2022CA$9.6bCA$5.4bCA$85.9m46.7x112x1.8x
Sun, 14 Aug 2022CA$11.2bCA$5.4bCA$82.6m54.1x135.3x2.1x
Tue, 12 Jul 2022CA$12.3bCA$5.1bCA$133.7m42.8x91.9x2.4x
Thu, 09 Jun 2022CA$15.4bCA$7.4bCA$289.8m18.1x53.2x2.1x
Sat, 07 May 2022CA$12.4bCA$5.1bCA$23.3m91.3x529.8x2.4x
Mon, 04 Apr 2022CA$13.4bCA$5.2bCA$12.5m58.5x1068.3x2.6x
Wed, 02 Mar 2022CA$13.9bCA$5.3b-CA$22,838,742.0022.3x-607.9x2.6x
Fri, 28 Jan 2022CA$12.4bCA$5.3bCA$1.8m25.5x6838.7x2.4x
Sun, 26 Dec 2021CA$13.3bCA$5.3bCA$1.4m20.3x9506.2x2.5x
Tue, 23 Nov 2021CA$14.8bCA$5.3bCA$8.7m20.5x1704.1x2.8x
Thu, 21 Oct 2021CA$15.9bCA$5.0bCA$10.3m23.2x1532.5x3.2x
Sat, 18 Sep 2021CA$15.6bCA$5.0bCA$8.7m23.2x1802.2x3.1x
Mon, 16 Aug 2021CA$15.2bCA$5.0bCA$10.1m23.4x1505.3x3x
Mon, 31 May 2021CA$15.0bCA$4.8b-CA$192,725,698.7724.2x-77.6x3.1x
Price to Earnings Ratio

-80.8x


Total Market Cap: CA$15.6bTotal Earnings: -CA$192,725,698.77Total Revenue: CA$4.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Aerospace & Defense Industry Price to Earnings3Y Average 399.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Aerospace & Defense industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 39.0x which is lower than its 3-year average PE of 400x.
  • The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • Total earnings for the Aerospace & Defense industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 13% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market-0.54%
Industrials-2.25%
Aerospace & Defense2.02%
Aerospace and Defense2.02%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BBD.B BombardierCA$67.3518.2%
+CA$1.0b		12.1%PE17.9x
CAE CAECA$27.143.6%
+CA$302.4m		-10.3%PE31.4x
DPRO DraganflyCA$0.33-12.2%
CA$6.4m		-75.0%PS3.9x
KWE KWESST Micro SystemsCA$1.014.1%
+CA$271.4k		-74.8%PS6.5x
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Latest News

DPRO

CA$0.33

Draganfly

7D

-12.2%

1Y

-75.0%

BBD.B

CA$67.35

Bombardier

7D

18.2%

1Y

12.1%

MAL

CA$7.90

Magellan Aerospace

7D

-0.8%

1Y

9.3%

FLY

CA$0.48

FLYHT Aerospace Solutions

7D

-15.8%

1Y

-50.5%

FLYHT Aerospace Solutions Ltd.'s (CVE:FLY) Prospects Need A Boost To Lift Shares

Apr 28
FLYHT Aerospace Solutions Ltd.'s (CVE:FLY) Prospects Need A Boost To Lift Shares

XTRA

CA$0.44

Xtract One Technologies

7D

-7.9%

1Y

-54.6%

HRX

CA$18.65

Héroux-Devtek

7D

-6.0%

1Y

41.8%

MDA

CA$14.58

MDA

7D

-0.5%

1Y

129.6%

AZ

CA$1.50

A2Z Smart Technologies

7D

-7.4%

1Y

-34.8%

CAE

CA$27.14

CAE

7D

3.6%

1Y

-10.3%

KWE

CA$1.01

KWESST Micro Systems

7D

4.1%

1Y

-74.8%

SNA

CA$0.005

Star Navigation Systems Group

7D

-50.0%

1Y

-88.9%