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Canadian (TSX) Aerospace and Defense Industry Analysis

UpdatedJun 02, 2023
DataAggregated Company Financials
Companies11
  • 7D-4.9%
  • 3M-9.8%
  • 1Y-18.1%
  • YTD6.6%

Over the last 7 days, the Aerospace and Defense industry has dropped 4.9%, driven by a pullback from CAE of 5.8%. Overall the industry is down 18% in 12 months. Looking forward, earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Tue, 01 Dec 2020CA$10.4bCA$4.7b-CA$25,576,246.2081.3x-408.1x2.2x
Fri, 04 Sep 2020CA$6.7bCA$4.9bCA$62.8m23.8x106.2x1.4x
Mon, 08 Jun 2020CA$6.6bCA$5.3bCA$260.5m11.3x25.4x1.2x
Price to Earnings Ratio

25.4x


Total Market Cap: CA$6.6bTotal Earnings: CA$260.5mTotal Revenue: CA$5.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Aerospace and Defense Industry Price to Earnings3Y Average 350.5x202120222023
Current Industry PE
  • Investors are pessimistic on the Canadian Aerospace and 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 89.6x which is lower than its 3-year average PE of 351x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Aerospace and Defense industry have declined 22% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.1% 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 Comparison

How does Canadian Aerospace and Defense compare with similar industries?

CA Market-5.29%
Industrials-0.86%
Aerospace & Defense-4.91%
Aerospace and Defense-4.91%
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
MAL Magellan AerospaceCA$7.571.9%
+CA$8.1m		-5.3%PS0.5x
AZ A2Z Smart TechnologiesCA$2.504.6%
+CA$3.6m		-48.2%PS4.9x
DPRO DraganflyCA$1.175.4%
+CA$2.6m		-14.6%PS7x
FLY FLYHT Aerospace SolutionsCA$0.932.2%
+CA$248.0k		31.0%PS1.5x
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Latest News

KWE

CA$3.98

KWESST Micro Systems

7D

-2.0%

1Y

-82.0%

AZ

CA$2.50

A2Z Smart Technologies

7D

4.6%

1Y

-48.2%

CAE

CA$27.75

CAE

7D

-5.8%

1Y

-19.4%

XTRA

CA$1.04

Xtract One Technologies

7D

-10.3%

1Y

85.7%

HRX

CA$13.35

Héroux-Devtek

7D

-4.6%

1Y

-17.3%

MAL

CA$7.57

Magellan Aerospace

7D

1.9%

1Y

-5.3%

Magellan Aerospace's (TSE:MAL) Dividend Will Be Reduced To CA$0.025

May 26
Magellan Aerospace's (TSE:MAL) Dividend Will Be Reduced To CA$0.025

MDA

CA$8.30

MDA

7D

-0.1%

1Y

-12.7%

FLT

CA$0.36

Drone Delivery Canada

7D

-6.4%

1Y

-42.1%

FLY

CA$0.93

FLYHT Aerospace Solutions

7D

2.2%

1Y

31.0%

DPRO

CA$1.17

Draganfly

7D

5.4%

1Y

-14.6%

BBD.B

CA$55.31

Bombardier

7D

-1.6%

1Y

78.4%