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Canadian (TSX) Aerospace & Defense Industry Analysis

UpdatedDec 06, 2025
DataAggregated Company Financials
Companies6
  • 7D-0.09%
  • 3M-10.5%
  • 1Y9.4%
  • YTD5.6%

Over the last 7 days, the Aerospace & Defense industry has remained flat. The past year has been better, since the industry has gained 9.4% in that time. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 06 Dec 2025CA$16.9bCA$7.3bCA$550.4m27.9x30.6x2.3x
Mon, 03 Nov 2025CA$17.6bCA$7.1bCA$532.3m30.1x33.1x2.5x
Wed, 01 Oct 2025CA$18.9bCA$7.1bCA$533.4m31.9x35.4x2.7x
Fri, 29 Aug 2025CA$18.8bCA$7.1bCA$533.4m28.8x35.2x2.6x
Sun, 27 Jul 2025CA$18.9bCA$6.9bCA$509.2m31.1x37x2.7x
Tue, 24 Jun 2025CA$16.7bCA$6.9bCA$509.2m28.5x32.8x2.4x
Thu, 22 May 2025CA$15.8bCA$6.9bCA$509.6m27.1x31x2.3x
Sat, 19 Apr 2025CA$14.2bCA$6.6b-CA$155,116,347.0029.3x-91.7x2.2x
Mon, 17 Mar 2025CA$15.3bCA$6.6b-CA$154,582,760.0030.1x-99.1x2.3x
Wed, 12 Feb 2025CA$15.8bCA$7.0b-CA$238,270,923.0028.2x-66.1x2.2x
Fri, 10 Jan 2025CA$16.1bCA$7.0b-CA$238,270,923.0031x-67.6x2.3x
Sun, 08 Dec 2024CA$15.9bCA$7.0b-CA$238,353,204.0032.2x-66.8x2.3x
Tue, 05 Nov 2024CA$12.6bCA$6.8b-CA$248,773,895.0033.7x-50.8x1.9x
Thu, 03 Oct 2024CA$12.0bCA$6.8b-CA$249,720,880.0031.2x-47.9x1.8x
Sat, 31 Aug 2024CA$11.4bCA$6.8b-CA$257,655,032.0031.5x-44.1x1.7x
Mon, 29 Jul 2024CA$11.2bCA$6.6b-CA$278,245,632.0034.1x-40.1x1.7x
Wed, 26 Jun 2024CA$11.4bCA$6.6b-CA$278,245,632.0031.2x-40.8x1.7x
Fri, 24 May 2024CA$11.2bCA$6.9bCA$311.5m30.7x35.8x1.6x
Sun, 21 Apr 2024CA$11.2bCA$6.9bCA$296.3m32.6x37.9x1.6x
Tue, 19 Mar 2024CA$11.7bCA$6.9bCA$283.9m32.8x41.1x1.7x
Thu, 15 Feb 2024CA$12.0bCA$6.7bCA$281.1m27.1x42.6x1.8x
Sat, 13 Jan 2024CA$11.5bCA$6.7bCA$273.9m29.9x42.1x1.7x
Mon, 11 Dec 2023CA$11.5bCA$6.7bCA$273.9m31.2x42.1x1.7x
Wed, 08 Nov 2023CA$12.1bCA$6.5bCA$230.0m29.1x52.4x1.8x
Fri, 06 Oct 2023CA$12.9bCA$6.5bCA$202.3m31.7x63.7x2x
Sun, 03 Sep 2023CA$13.2bCA$6.5bCA$202.6m32.2x65.3x2x
Tue, 01 Aug 2023CA$12.1bCA$6.3bCA$125.8m38.6x96.2x1.9x
Thu, 29 Jun 2023CA$11.6bCA$6.3bCA$125.6m37.7x92.3x1.8x
Sat, 27 May 2023CA$12.0bCA$6.0bCA$81.9m34.3x146.5x2x
Mon, 24 Apr 2023CA$12.1bCA$5.9bCA$68.7m30.6x175.7x2x
Wed, 22 Mar 2023CA$11.4bCA$5.8bCA$88.4m48.8x128.8x2x
Fri, 17 Feb 2023CA$12.5bCA$5.8bCA$104.6m52.2x119.2x2.1x
Sun, 15 Jan 2023CA$11.1bCA$5.6bCA$55.9m34.1x199.2x2x
Tue, 13 Dec 2022CA$11.0bCA$5.6bCA$55.6m31.8x197.9x2x
Price to Earnings Ratio

197.9x


Total Market Cap: CA$11.0bTotal Earnings: CA$55.6mTotal Revenue: CA$5.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Aerospace & Defense Industry Price to Earnings3Y Average 31.5x202320242025
Current Industry PE
  • Investors are relatively neutral on the Canadian Aerospace & Defense industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 31.5x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 115% per year over the last three years.
  • Revenues for these companies have grown 9.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

CA Market-0.22%
Industrials-0.057%
Aerospace & Defense-0.093%
Aerospace and Defense-0.093%
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
MDA MDA SpaceCA$24.902.9%
+CA$88.4m		-13.8%PE28.7x
MAL Magellan AerospaceCA$16.962.7%
+CA$25.7m		55.6%PE21.6x
DPRO DraganflyCA$10.634.5%
+CA$10.7m		102.1%PS33.3x
DFSC DEFSEC TechnologiesCA$5.151.8%
+CA$123.5k		-74.5%PS1.7x
SNA Star Navigation Systems GroupCA$0.0050%
CA$20.0k		0%PS108.8x

Latest News

DPRO
CA$10.63
Draganfly
7D
4.5%
1Y
102.1%

We're Not Very Worried About Draganfly's (CSE:DPRO) Cash Burn Rate

Dec 05
We're Not Very Worried About Draganfly's (CSE:DPRO) Cash Burn Rate
SNA
CA$0.005
Star Navigation Systems Group
7D
0%
1Y
0%
MDA
CA$24.90
MDA Space
7D
2.9%
1Y
-13.8%

If EPS Growth Is Important To You, MDA Space (TSE:MDA) Presents An Opportunity

Dec 01
If EPS Growth Is Important To You, MDA Space (TSE:MDA) Presents An Opportunity
CAE
CA$37.82
CAE
7D
-1.1%
1Y
13.6%

CAE: Sector Momentum And Margin Improvement Will Drive Long-Term Share Gains

Analysts have slightly increased their average price target for CAE, raising it from approximately $43.31 to $43.54. They cite improved revenue growth projections and stronger expected profit margins as the reasons for this adjustment.
BBD.B
CA$228.00
Bombardier
7D
-1.8%
1Y
113.0%

BBD.B: Improving Profit Margins And Execution Challenges Will Determine Performance Ahead

Analysts have increased their fair value estimate for Bombardier from C$201.35 to C$217.12. They cited improved revenue growth forecasts and stronger profit margins as key drivers behind the upward revision.
MAXQ
CA$0.21
Maritime Launch Services
7D
-6.7%
1Y
320.0%
XTRA
CA$0.63
Xtract One Technologies
7D
-6.0%
1Y
18.9%
MAL
CA$16.96
Magellan Aerospace
7D
2.7%
1Y
55.6%
DFSC
CA$5.15
DEFSEC Technologies
7D
1.8%
1Y
-74.5%