Does Magellan Aerospace (TSE:MAL) Have A Healthy Balance Sheet?
May 03
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Canadian (TSX) Aerospace & Defense Industry Analysis
UpdatedMay 06, 2025
DataAggregated Company Financials
Companies6
- 7D0.8%
- 3M5.8%
- 1Y29.3%
- YTD-2.5%
Last week, the Aerospace & Defense industry hasn't moved much but CAE is up 3.8% in that time. As for the the longer term, the industry is up 29% over the past 12 months. As for the next few years, earnings are expected to grow by 69% per annum.
Industry Valuation and Performance
Has the Canadian Aerospace & Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 May 2025 | CA$15.1b | CA$6.6b | -CA$155,116,347.00 | 29.7x | -97.6x | 2.3x |
| Thu, 03 Apr 2025 | CA$15.3b | CA$6.6b | -CA$155,116,347.00 | 31.6x | -98.9x | 2.3x |
| Sat, 01 Mar 2025 | CA$14.7b | CA$6.4b | -CA$183,304,965.00 | 35.6x | -80.4x | 2.3x |
| Mon, 27 Jan 2025 | CA$16.4b | CA$7.0b | -CA$238,270,923.00 | 29.7x | -68.8x | 2.3x |
| Wed, 25 Dec 2024 | CA$16.6b | CA$7.0b | -CA$238,353,204.00 | 28.2x | -69.8x | 2.4x |
| Fri, 22 Nov 2024 | CA$15.2b | CA$7.0b | -CA$238,116,781.00 | 32x | -63.7x | 2.2x |
| Sun, 20 Oct 2024 | CA$12.9b | CA$6.8b | -CA$249,720,880.00 | 35.5x | -51.7x | 1.9x |
| Tue, 17 Sep 2024 | CA$11.4b | CA$6.8b | -CA$249,720,880.00 | 31x | -45.8x | 1.7x |
| Thu, 15 Aug 2024 | CA$10.8b | CA$6.8b | -CA$279,603,632.00 | 31.1x | -38.8x | 1.6x |
| Sat, 13 Jul 2024 | CA$11.4b | CA$6.6b | -CA$278,245,632.00 | 33.5x | -40.8x | 1.7x |
| Mon, 10 Jun 2024 | CA$11.1b | CA$6.6b | -CA$282,646,396.00 | 31x | -39.3x | 1.7x |
| Wed, 08 May 2024 | CA$12.2b | CA$6.9b | CA$296.5m | 35.1x | 41.1x | 1.8x |
| Fri, 05 Apr 2024 | CA$11.8b | CA$6.9b | CA$296.3m | 33.5x | 39.7x | 1.7x |
| Sun, 03 Mar 2024 | CA$11.3b | CA$6.8b | CA$262.5m | 29.6x | 43x | 1.6x |
| Tue, 30 Jan 2024 | CA$11.1b | CA$6.7b | CA$273.9m | 30.9x | 40.6x | 1.7x |
| Thu, 28 Dec 2023 | CA$11.7b | CA$6.7b | CA$273.9m | 31.2x | 42.8x | 1.8x |
| Sat, 25 Nov 2023 | CA$11.8b | CA$6.7b | CA$271.0m | 31.5x | 43.5x | 1.8x |
| Mon, 23 Oct 2023 | CA$11.9b | CA$6.5b | CA$230.2m | 30.9x | 51.7x | 1.8x |
| Wed, 20 Sep 2023 | CA$13.1b | CA$6.5b | CA$203.0m | 32.4x | 64.6x | 2x |
| Fri, 18 Aug 2023 | CA$13.1b | CA$6.5b | CA$199.8m | 31.5x | 65.6x | 2x |
| Sun, 16 Jul 2023 | CA$11.8b | CA$6.3b | CA$125.7m | 38.3x | 93.6x | 1.9x |
| Tue, 13 Jun 2023 | CA$11.3b | CA$6.3b | CA$125.4m | 35.5x | 90.3x | 1.8x |
| Thu, 11 May 2023 | CA$11.5b | CA$5.9b | CA$80.6m | 30.4x | 142.9x | 1.9x |
| Sat, 08 Apr 2023 | CA$12.2b | CA$5.9b | CA$65.6m | 31.2x | 185.3x | 2.1x |
| Mon, 06 Mar 2023 | CA$12.4b | CA$5.8b | CA$104.4m | 54.1x | 119.2x | 2.1x |
| Wed, 01 Feb 2023 | CA$11.9b | CA$5.6b | CA$67.1m | 50.8x | 177.4x | 2.1x |
| Fri, 30 Dec 2022 | CA$10.4b | CA$5.6b | CA$55.7m | 30.3x | 186.6x | 1.8x |
| Sun, 27 Nov 2022 | CA$11.3b | CA$5.6b | CA$60.5m | 34x | 186.2x | 2x |
| Tue, 25 Oct 2022 | CA$9.6b | CA$5.4b | CA$52.6m | 47.1x | 183x | 1.8x |
| Thu, 22 Sep 2022 | CA$9.3b | CA$5.4b | CA$85.7m | 44.7x | 108x | 1.7x |
| Sat, 20 Aug 2022 | CA$10.6b | CA$5.4b | CA$83.9m | 51.5x | 126.4x | 2x |
| Mon, 18 Jul 2022 | CA$12.1b | CA$5.1b | CA$133.6m | 41.4x | 90.5x | 2.4x |
| Wed, 15 Jun 2022 | CA$12.1b | CA$5.1b | CA$133.8m | 42.5x | 90.5x | 2.4x |
| Fri, 13 May 2022 | CA$11.2b | CA$5.2b | CA$17.7m | 82.5x | 630.5x | 2.2x |
Price to Earnings Ratio
630.5x
Current Industry PE
- Investors are optimistic on the Canadian Aerospace & Defense industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- Total earnings for the Aerospace & Defense industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 8.7% 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 Industrials industry?
| CA Market | 0.83% | |
| Industrials | 2.36% | |
| Aerospace & Defense | 0.78% | |
| Aerospace and Defense | 0.78% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CAE CAE | CA$35.10 | 3.8% +CA$415.7m | 23.7% | PS2.5x | |
| MAL Magellan Aerospace | CA$14.05 | 4.9% +CA$37.1m | 78.1% | PE22.6x | |
| MAXQ Maritime Launch Services | CA$0.035 | 16.7% +CA$2.3m | -63.2% | PB102.1x | |
| KWE KWESST Micro Systems | CA$8.42 | 40.3% +CA$1.3m | -96.4% | PS2x |
