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

Investors are more pessimistic on the 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 17.3x which is lower than its 3-year average PE of 66.4x.

How does Canadian Aerospace and Defense compare with similar industries?

There is insufficient data on the sub-industries of this industry.

Canadian (TSX) Aerospace and Defense Industry Analysis

Date	Market Cap	Revenue	Earnings	PE
Sat, 28 May 2022	CA$14.7b	CA$7.4b	CA$263.8m	17.3x
Mon, 25 Apr 2022	CA$13.2b	CA$5.2b	CA$27.8m	58.2x
Wed, 23 Mar 2022	CA$13.6b	CA$5.2b	-CA$5,172,914.00	59.6x
Fri, 18 Feb 2022	CA$13.3b	CA$5.3b	-CA$22,846,385.00	21.9x
Sun, 16 Jan 2022	CA$13.6b	CA$5.3b	CA$2.5m	30.3x
Tue, 14 Dec 2021	CA$12.6b	CA$5.3b	CA$1.4m	19.9x
Thu, 11 Nov 2021	CA$17.2b	CA$5.0b	CA$11.4m	23.9x
Sat, 09 Oct 2021	CA$15.9b	CA$5.0b	CA$9.8m	22.9x
Mon, 06 Sep 2021	CA$16.1b	CA$5.0b	CA$10.1m	24x
Wed, 04 Aug 2021	CA$15.8b	CA$5.0b	CA$10.1m	23x
Sat, 08 May 2021	CA$15.6b	CA$4.8b	-CA$192,725,698.77	25.7x
Tue, 09 Feb 2021	CA$9.9b	CA$4.5b	-CA$94,803,021.00	436.9x
Mon, 02 Nov 2020	CA$7.2b	CA$4.7b	-CA$25,576,246.20	55.6x
Thu, 06 Aug 2020	CA$6.4b	CA$4.9b	CA$62.8m	22.8x
Sun, 10 May 2020	CA$7.2b	CA$5.3b	CA$260.6m	12.6x
Sat, 01 Feb 2020	CA$12.5b	CA$5.3b	CA$393.0m	21.2x
Tue, 05 Nov 2019	CA$10.8b	CA$5.2b	CA$411.3m	22.4x
Fri, 09 Aug 2019	CA$11.7b	CA$5.0b	CA$402.5m	26.4x


CA Market	1.68%
Industrials	-1.27%
Aerospace & Defense	0.99%
Aerospace and Defense	0.99%

Company	Last Price	7D	1Y	Valuation
CAE CAE	CA$30.38	3.6% +CA$336.0m	-17.6%	PS90.5x
MAXR Maxar Technologies	CA$38.03	10.5% +CA$266.8m	-1.4%	PS17.8x
BBD.A Bombardier	CA$1.36	3.0% +CA$94.7m	19.3%	PS0.4x
HRX Héroux-Devtek	CA$15.52	8.7% +CA$42.8m	-12.5%	PS16.5x
FLT Drone Delivery Canada	CA$0.52	2.0% +CA$2.2m	-57.4%	PS412.7x

May 24

Bombardier Introduces Global 8000 Aircraft, Flagship for New Era in Business Aviation

Bombardier Inc. unveiled the newest member of its business jet portfolio with the introduction of the Global 8000 aircraft, the world’s fastest and longest-range purpose-built business jet, innovatively crafted with the industry’s healthiest cabin for safety, comfort and performance beyond compromise. With an industry-leading range of 8,000 nautical miles and an unbeatable top speed of Mach 0.94, the Global 8000 aircraft is the ultimate all-in-one business aircraft, offering customers a unique blend of outstanding performance married with the smoothest ride and an uncompromising passenger experience – the absolute leader in the long-range class. Some of the impressive performance capabilities of the new Global 8000 aircraft were witnessed as early as May 2021, following a demonstration flight with a Global 7500 flight test vehicle. The aircraft, accompanied by a NASA F/A-18 chase plane, repeatably achieved speeds in excess of Mach 1.015, a key step in enabling a maximum Mach operating speed (MMO) of M0.94 and becoming the fastest business jet in the world and the fastest in civil aviation since the Concorde. During the demonstration flight, the aircraft also became the first Transport Category airplane to fly supersonic with sustainable aviation fuel (SAF). The discerning Global 8000 business jet also features the healthiest cabin in the industry, with the lowest cabin altitude in its class of 2,900 feet when flying at 41,000 ft. It is also equipped with Bombardier’s Pur Air and advanced HEPA filter technology for the cleanest cabin air and the fastest fresh air replacement. The Global 8000 aircraft is the only true four-zone cabin business jet to have a range of 8,000 nautical miles – and it more than delivers even when it comes to comfort. With its spacious four personalized suites ergonomically designed to maximize space and freedom of movement, the Global 8000 aircraft also incorporates the revolutionary features introduced on the Global 7500 aircraft that dramatically improve passenger comfort, including the Soleil circadian lighting system to help combat jet lag. Coupled with the innovative Nuage seat with the first-ever zero gravity position, passengers will arrive at their destinations revitalized and refreshed. An exemplary commitment to detail is assured on the new Global 8000 aircraft, including an available Principal Suite with a full-size bed and a stand-up shower in the En-suite. Revolutionary cabin entertainment control and connectivity, the intuitive nice Touch CMS and OLED touch dial, Bombardier’s l’Opéra directional audio sound system and available 4K monitor, also ensures passengers will receive an unrivalled cabin experience. In the cockpit, the Global 8000 aircraft features the renowned Bombardier Vision flight deck with its next generation fly-by-wire technology and blend of cutting-edge avionics with exceptional ergonomics and aesthetics for remarkable comfort and control. Performance-wise, the new Global 8000 aircraft can efficiently transport customers to a wide variety of destinations both faster and farther than ever before. And with its exceptional class-leading range and short-field performance, even more exclusive city pairs are now achievable, including Dubai-Houston, Singapore-Los Angeles, London-Perth and many others. Expected to enter service in 2025, the Global 8000 aircraft development is ongoing, and the program is progressing to plan. And for current Global 7500 operators, the incredible performance enhancements on the Global 8000 will e retrofittable when the aircraft enters into service in 2025. The introduction of the new Global 8000 aircraft has been a carefully planned investment that further strengthens Bombardier’s impressive portfolio of industry-defining business jets. Development to date has been included in previously disclosed investment figures. All further development costs will be included in Bombardier’s capex, which remains in line with its 2025 objectives.

Canadian (TSX) Aerospace and Defense Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

MAXR

Maxar Technologies Inc. Provides Earnings Guidance for the Fiscal Year 2022

MAL

Magellan Aerospace's (TSE:MAL) Dividend Is Being Reduced To CA$0.08

MDA

MDA (TSE:MDA) Might Have The Makings Of A Multi-Bagger

BBD.A

Bombardier Introduces Global 8000 Aircraft, Flagship for New Era in Business Aviation

PAT

Patriot One Technologies Inc. announced that it has received $0.059942 million in funding

HRX

Héroux-Devtek Inc., Annual General Meeting, Aug 05, 2022

CAE

CAE Inc., Annual General Meeting, Aug 10, 2022

KWE

KWESST Micro Systems Inc. Announces Executive Changes

DPRO

Investor sentiment improved over the past week

AZ

First quarter 2022 earnings released: US$0.088 loss per share (vs US$1.35 loss in 1Q 2021)

FLT

First quarter 2022 earnings released: CA$0.016 loss per share (vs CA$0.02 loss in 1Q 2021)

FLY

First quarter 2022 earnings released: CA$0.03 loss per share (vs CA$0.033 loss in 1Q 2021)

SNA

High number of new and inexperienced directors