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Canadian (TSX) Aerospace & Defense Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies11
- 7D-8.2%
- 3M-14.2%
- 1Y3.0%
- YTD-5.9%
Over the last 7 days, the Aerospace & Defense industry has dropped 8.2%, driven by a pullback from CAE of 8.5%. This takes the industry's 12 month performance to a gain of 3.0%.
Industry Valuation and Performance
Has the Canadian Aerospace & Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | CA$13.5b | CA$5.3b | CA$1.0m | 19.6x |
| Thu, 28 Oct 2021 | CA$15.6b | CA$5.0b | CA$9.8m | 23.5x |
| Sat, 25 Sep 2021 | CA$15.8b | CA$5.0b | CA$8.9m | 23.2x |
| Mon, 23 Aug 2021 | CA$15.2b | CA$5.0b | CA$10.1m | 23.3x |
| Sat, 10 Jul 2021 | CA$15.2b | CA$5.0b | CA$10.1m | 26.8x |
| Fri, 02 Apr 2021 | CA$12.8b | CA$4.4b | -CA$171,674,939.77 | 24.1x |
| Mon, 04 Jan 2021 | CA$11.5b | CA$4.5b | -CA$97,848,852.00 | 513.4x |
| Thu, 08 Oct 2020 | CA$6.4b | CA$4.7b | -CA$29,633,095.20 | 48.5x |
| Wed, 01 Jul 2020 | CA$7.1b | CA$4.9b | CA$64.2m | 25.1x |
| Sat, 04 Apr 2020 | CA$5.9b | CA$5.3b | CA$261.6m | 10.4x |
| Tue, 07 Jan 2020 | CA$11.1b | CA$5.3b | CA$395.4m | 20.4x |
| Mon, 30 Sep 2019 | CA$10.9b | CA$5.2b | CA$414.0m | 22.9x |
| Thu, 04 Jul 2019 | CA$11.6b | CA$5.0b | CA$403.0m | 26.4x |
| Sun, 07 Apr 2019 | CA$10.1b | CA$4.8b | CA$407.8m | 21.8x |
| Wed, 09 Jan 2019 | CA$8.5b | CA$4.4b | CA$358.7m | 23x |
PE Ratio
29.2x
Current Industry PE: There are only 3 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Aerospace & Defense industry have declined 87% per year over the last three years, while revenues for these companies have grown 6.5% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Canadian Aerospace & Defense industry?
| Aerospace and Defense | -8.19% | |
Industry PE: Investors are most optimistic about the Aerospace and Defense industry even though it's trading below its 3-year average PE ratio of 64.9x. However analysts are expecting annual earnings growth of 57%, which is lower than the prior year's growth of 114% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Aerospace and Defense industry, expecting annual earnings growth of 57% over the next 5 years. However this is lower than its past earnings growth rate of 114% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| BBD.B Bombardier | 0.6%+CA$23.9m | 234.0% | PS0.5x | |
| DPRO Draganfly | 4.4%+CA$4.8m | 44.9% | PS16.5x |