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Canadian (TSX) Aerospace & Defense Industry Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies10
  • 7D2.0%
  • 3M-3.6%
  • 1Y-7.0%
  • YTD-2.3%

The Aerospace & Defense industry is up 2.0% in the last week, with Bombardier up 4.3%. In the same time, KWESST Micro Systems was down 23%. In the past year, the industry is down 7.0%. Looking forward, earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024CA$11.4bCA$6.8bCA$257.8m30.1x44x1.7x
Fri, 19 Jan 2024CA$11.6bCA$6.7bCA$273.9m30.6x42.3x1.7x
Sun, 17 Dec 2023CA$11.7bCA$6.7bCA$273.9m31.2x42.8x1.8x
Tue, 14 Nov 2023CA$12.3bCA$6.6bCA$222.8m30.4x55.2x1.9x
Thu, 12 Oct 2023CA$13.0bCA$6.5bCA$202.6m33x64.2x2x
Sat, 09 Sep 2023CA$13.1bCA$6.5bCA$202.5m32.2x64.8x2x
Mon, 07 Aug 2023CA$12.0bCA$6.3bCA$125.4m38.6x95.6x1.9x
Wed, 05 Jul 2023CA$12.0bCA$6.3bCA$125.7m38.8x95.4x1.9x
Fri, 02 Jun 2023CA$11.2bCA$6.3bCA$125.5m32.8x89.6x1.8x
Sun, 30 Apr 2023CA$11.8bCA$5.9bCA$68.7m30.2x172.2x2x
Tue, 28 Mar 2023CA$11.4bCA$5.9bCA$98.2m39.9x116.1x1.9x
Thu, 23 Feb 2023CA$12.2bCA$5.8bCA$104.4m50.1x117.1x2.1x
Sat, 21 Jan 2023CA$11.3bCA$5.6bCA$56.0m38.8x201.1x2x
Mon, 19 Dec 2022CA$10.4bCA$5.6bCA$55.5m33.2x187.9x1.9x
Wed, 16 Nov 2022CA$11.3bCA$5.6bCA$67.3m31.8x167.5x2x
Fri, 14 Oct 2022CA$9.2bCA$5.4bCA$76.8m45.7x119.5x1.7x
Sun, 11 Sep 2022CA$10.0bCA$5.4bCA$86.1m48.9x116.6x1.9x
Tue, 09 Aug 2022CA$13.1bCA$5.1bCA$128.0m46.3x102.3x2.5x
Thu, 07 Jul 2022CA$12.4bCA$5.1bCA$133.6m42.8x92.6x2.4x
Sat, 04 Jun 2022CA$16.1bCA$7.4bCA$290.2m18x55.5x2.2x
Mon, 02 May 2022CA$12.4bCA$5.2bCA$27.3m55.1x452.6x2.4x
Wed, 30 Mar 2022CA$13.1bCA$5.2bCA$12.6m58.9x1041.7x2.5x
Fri, 25 Feb 2022CA$13.0bCA$5.3b-CA$23,477,515.0021.5x-552x2.5x
Sun, 23 Jan 2022CA$12.7bCA$5.3bCA$2.6m25.8x4980.9x2.4x
Tue, 21 Dec 2021CA$12.6bCA$5.3bCA$869.9k18.8x14486.5x2.4x
Thu, 18 Nov 2021CA$15.3bCA$5.3bCA$9.0m21.3x1700.9x2.9x
Sat, 16 Oct 2021CA$16.3bCA$5.0bCA$10.2m22.8x1601.5x3.3x
Mon, 13 Sep 2021CA$16.3bCA$5.0bCA$10.1m24.3x1614.4x3.3x
Wed, 11 Aug 2021CA$16.1bCA$5.0bCA$10.1m24.5x1600.8x3.2x
Sun, 06 Jun 2021CA$15.0bCA$4.8b-CA$192,725,698.7724.2x-77.6x3.1x
Wed, 10 Mar 2021CA$11.7bCA$4.5b-CA$94,803,021.00502.9x-122.9x2.6x
Price to Earnings Ratio

-122.9x


Total Market Cap: CA$11.7bTotal Earnings: -CA$94,803,021.00Total Revenue: CA$4.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Aerospace & Defense Industry Price to Earnings3Y Average 381.5x202220232024
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 44.0x which is lower than its 3-year average PE of 382x.
  • The 3-year average PS ratio of 2.3x 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 15% 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 Market1.62%
Industrials0.046%
Aerospace & Defense2.00%
Aerospace and Defense2.00%
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$52.194.3%
+CA$209.0m
-20.0%PE8.2x
CAE CAECA$26.051.8%
+CA$143.2m
-15.8%PE30.1x
MDA MDACA$13.983.0%
+CA$49.0m
81.6%PE37.9x
HRX Héroux-DevtekCA$18.252.3%
+CA$13.8m
36.2%PE25.7x
MAL Magellan AerospaceCA$8.132.0%
+CA$9.2m
-13.7%PS0.5x
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Latest News

CAE

CA$26.05

CAE

7D

1.8%

1Y

-15.8%

BBD.B

CA$52.19

Bombardier

7D

4.3%

1Y

-20.0%

MAL

CA$8.13

Magellan Aerospace

7D

2.0%

1Y

-13.7%

FLY

CA$0.65

FLYHT Aerospace Solutions

7D

30.0%

1Y

-27.8%

MDA

CA$13.98

MDA

7D

3.0%

1Y

81.6%

FLT

CA$0.26

Drone Delivery Canada

7D

6.1%

1Y

-28.8%

KWE

CA$1.45

KWESST Micro Systems

7D

-22.9%

1Y

-56.1%

AZ

CA$1.86

A2Z Smart Technologies

7D

10.7%

1Y

-22.5%

DPRO

CA$0.57

Draganfly

7D

-5.0%

1Y

-77.0%