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Canadian (TSX) Aerospace and Defense Industry Analysis

UpdatedMay 21, 2024
DataAggregated Company Financials
Companies10
  • 7D-3.0%
  • 3M2.8%
  • 1Y-2.6%
  • YTDn/a

Over the last 7 days, the Aerospace and Defense industry has dropped 3.6%, driven by a pullback from CAE of 3.4%. Meanwhile, Bombardier actually outperformed within the industry, gaining 11% in the last week. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 May 2024CA$11.7bCA$6.9bCA$297.1m32.6x39.4x1.7x
Thu, 18 Apr 2024CA$11.4bCA$6.9bCA$296.3m32.6x38.3x1.7x
Sat, 16 Mar 2024CA$11.6bCA$6.9bCA$283.9m32.9x41x1.7x
Mon, 12 Feb 2024CA$11.9bCA$6.7bCA$281.1m30.1x42.3x1.8x
Wed, 10 Jan 2024CA$11.6bCA$6.7bCA$273.9m29.9x42.2x1.7x
Fri, 08 Dec 2023CA$11.4bCA$6.7bCA$271.0m30.7x42.2x1.7x
Sun, 05 Nov 2023CA$12.2bCA$6.5bCA$230.3m30.4x53.1x1.9x
Tue, 03 Oct 2023CA$12.9bCA$6.5bCA$202.7m31.5x63.5x2x
Thu, 31 Aug 2023CA$13.0bCA$6.5bCA$202.8m30.9x64x2x
Sat, 29 Jul 2023CA$11.7bCA$6.3bCA$125.7m38.7x93.3x1.9x
Mon, 26 Jun 2023CA$11.4bCA$6.3bCA$125.8m36.2x90.9x1.8x
Wed, 24 May 2023CA$11.8bCA$6.0bCA$82.1m35.1x144.1x2x
Fri, 21 Apr 2023CA$12.1bCA$5.9bCA$68.8m30.5x176.1x2.1x
Sun, 19 Mar 2023CA$11.1bCA$5.8bCA$87.9m48.2x126.7x1.9x
Tue, 14 Feb 2023CA$11.8bCA$5.6bCA$62.3m44x189.5x2.1x
Thu, 12 Jan 2023CA$11.0bCA$5.6bCA$55.9m32.9x196.3x1.9x
Sat, 10 Dec 2022CA$10.8bCA$5.6bCA$55.6m31.5x193.9x1.9x
Mon, 07 Nov 2022CA$9.7bCA$5.4bCA$52.9m47.8x183.7x1.8x
Wed, 05 Oct 2022CA$9.3bCA$5.4bCA$77.1m45.5x121.2x1.7x
Fri, 02 Sep 2022CA$9.6bCA$5.4bCA$86.0m46.5x111.3x1.8x
Sun, 31 Jul 2022CA$13.1bCA$5.1bCA$133.9m45.5x97.5x2.5x
Tue, 28 Jun 2022CA$12.5bCA$5.1bCA$133.8m43.5x93.7x2.4x
Thu, 26 May 2022CA$14.7bCA$7.4bCA$263.8m17.3x55.8x2x
Sat, 23 Apr 2022CA$13.2bCA$5.2bCA$27.8m58.2x474.2x2.5x
Mon, 21 Mar 2022CA$13.3bCA$5.2b-CA$5,260,202.0058.8x-2531.7x2.6x
Wed, 16 Feb 2022CA$13.8bCA$5.3b-CA$23,101,813.0022.3x-596.9x2.6x
Fri, 14 Jan 2022CA$13.7bCA$5.3bCA$2.7m33.6x5011.4x2.6x
Sun, 12 Dec 2021CA$12.8bCA$5.3bCA$1.8m21x7072.6x2.4x
Tue, 09 Nov 2021CA$17.1bCA$5.0bCA$11.3m24.6x1510.8x3.4x
Thu, 07 Oct 2021CA$15.6bCA$5.0bCA$9.1m22.8x1712.3x3.1x
Sat, 04 Sep 2021CA$16.1bCA$5.0bCA$10.1m24x1597.8x3.2x
Mon, 02 Aug 2021CA$16.0bCA$5.0bCA$10.1m22.6x1584.9x3.2x
Price to Earnings Ratio

-77.6x


Total Market Cap: CA$15.0bTotal Earnings: -CA$192,725,698.77Total Revenue: CA$4.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Aerospace and Defense Industry Price to Earnings3Y Average 393.5x202220232024
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 39.4x which is lower than its 3-year average PE of 394x.
  • The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • Total earnings for the Aerospace and Defense industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 13% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Canadian Aerospace and Defense compare with similar industries?

CA Market1.08%
Industrials-0.41%
Aerospace & Defense-2.99%
Aerospace and Defense-2.99%
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$79.099.9%
+CA$712.2m
31.5%PE21.3x
HRX Héroux-DevtekCA$20.063.7%
+CA$23.9m
43.0%PE28.3x
MAXQ Maritime Launch ServicesCA$0.0920.0%
+CA$6.2m
-52.6%PB15.7x
DPRO DraganflyCA$0.362.9%
+CA$714.7k
-69.7%PS4.1x
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Latest News

CAE

CA$27.65

CAE

7D

-3.3%

1Y

-8.1%

DPRO

CA$0.36

Draganfly

7D

2.9%

1Y

-69.7%

KWE

CA$0.48

KWESST Micro Systems

7D

-54.3%

1Y

-87.9%

MDA

CA$12.87

MDA Space

7D

-4.9%

1Y

58.3%

MAL

CA$7.85

Magellan Aerospace

7D

-0.4%

1Y

0.9%

BBD.B

CA$79.09

Bombardier

7D

9.9%

1Y

31.5%

XTRA

CA$0.49

Xtract One Technologies

7D

-2.0%

1Y

-52.0%

HRX

CA$20.06

Héroux-Devtek

7D

3.7%

1Y

43.0%

AZ

CA$1.50

A2Z Smart Technologies

7D

-7.4%

1Y

-34.8%

MAXQ

CA$0.09

Maritime Launch Services

7D

20.0%

1Y

-52.6%