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Canadian (TSX) Aerospace & Defense Industry Analysis

UpdatedAug 22, 2025
DataAggregated Company Financials
Companies6
  • 7D-1.6%
  • 3M19.1%
  • 1Y79.0%
  • YTD18.7%

Over the last 7 days, the Aerospace & Defense industry has dropped 1.6%, driven by CAE declining 3.5%. This takes the industry's 12 month performance to a gain of 79%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Aug 2025CA$18.5bCA$7.1bCA$533.4m28.9x34.7x2.6x
Sun, 20 Jul 2025CA$19.4bCA$6.9bCA$509.2m31.6x38x2.8x
Tue, 17 Jun 2025CA$16.5bCA$6.9bCA$509.2m28.8x32.3x2.4x
Thu, 15 May 2025CA$15.6bCA$6.9bCA$507.5m27.2x30.8x2.3x
Sat, 12 Apr 2025CA$13.7bCA$6.6b-CA$155,116,347.0028.7x-88.6x2.1x
Mon, 10 Mar 2025CA$15.5bCA$6.6b-CA$171,704,965.0035.6x-90.5x2.4x
Wed, 05 Feb 2025CA$15.1bCA$7.0b-CA$238,270,923.0028.4x-63.5x2.2x
Fri, 03 Jan 2025CA$17.0bCA$7.0b-CA$238,270,923.0030.9x-71.3x2.4x
Sun, 01 Dec 2024CA$15.6bCA$7.0b-CA$238,116,781.0031.8x-65.5x2.2x
Tue, 29 Oct 2024CA$12.6bCA$6.8b-CA$248,773,895.0034.7x-50.7x1.9x
Thu, 26 Sep 2024CA$11.6bCA$6.8b-CA$249,720,880.0031.4x-46.3x1.7x
Sat, 24 Aug 2024CA$11.2bCA$6.8b-CA$258,905,570.0030.6x-43.4x1.7x
Mon, 22 Jul 2024CA$11.4bCA$6.6b-CA$278,245,632.0033.9x-41x1.7x
Wed, 19 Jun 2024CA$10.9bCA$6.6b-CA$278,245,632.0030.7x-39.1x1.6x
Fri, 17 May 2024CA$12.1bCA$6.9bCA$297.1m33.1x40.7x1.8x
Sun, 14 Apr 2024CA$11.7bCA$6.9bCA$296.3m33.3x39.6x1.7x
Tue, 12 Mar 2024CA$11.6bCA$6.8bCA$263.4m30.5x43.9x1.7x
Thu, 08 Feb 2024CA$11.3bCA$6.7bCA$273.9m31.9x41.4x1.7x
Sat, 06 Jan 2024CA$11.7bCA$6.7bCA$273.9m30.4x42.7x1.8x
Mon, 04 Dec 2023CA$11.4bCA$6.7bCA$271.0m31x42.2x1.7x
Wed, 01 Nov 2023CA$11.9bCA$6.5bCA$229.8m30.7x51.9x1.8x
Fri, 29 Sep 2023CA$12.8bCA$6.5bCA$202.9m32.7x63.2x2x
Sun, 27 Aug 2023CA$12.7bCA$6.5bCA$199.7m30.8x63.8x1.9x
Tue, 25 Jul 2023CA$11.7bCA$6.3bCA$125.8m37.7x92.8x1.8x
Thu, 22 Jun 2023CA$11.8bCA$6.3bCA$125.8m36.5x93.7x1.9x
Sat, 20 May 2023CA$12.0bCA$6.0bCA$82.1m34.6x146.2x2x
Mon, 17 Apr 2023CA$12.1bCA$5.9bCA$69.0m29.7x175.4x2.1x
Wed, 15 Mar 2023CA$11.6bCA$5.8bCA$88.0m49.5x132.1x2x
Fri, 10 Feb 2023CA$11.6bCA$5.6bCA$62.2m45.4x187.4x2.1x
Sun, 08 Jan 2023CA$10.6bCA$5.6bCA$55.9m31.7x190.2x1.9x
Tue, 06 Dec 2022CA$11.0bCA$5.6bCA$59.5m32.7x185.3x2x
Thu, 03 Nov 2022CA$9.7bCA$5.4bCA$52.7m47.5x183.9x1.8x
Sat, 01 Oct 2022CA$8.8bCA$5.4bCA$76.9m42.6x114x1.6x
Mon, 29 Aug 2022CA$10.1bCA$5.4bCA$86.2m49.4x117.6x1.9x
Price to Earnings Ratio

117.6x


Total Market Cap: CA$10.1bTotal Earnings: CA$86.2mTotal Revenue: CA$5.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Aerospace & Defense Industry Price to Earnings3Y Average 42.4x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Aerospace & 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 34.7x which is lower than its 3-year average PE of 42.4x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 84% per year over the last three years.
  • Revenues for these companies have grown 9.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market0.75%
Industrials1.54%
Aerospace & Defense-1.57%
Aerospace and Defense-1.57%
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
MDA MDA SpaceCA$44.363.2%
+CA$173.2m		197.5%PE48.3x
MAXQ Maritime Launch ServicesCA$0.09511.8%
+CA$4.9m		72.7%PE-9.4x

Latest News

MDA
CA$44.36
MDA Space
7D
3.2%
1Y
197.5%
MAL
CA$15.40
Magellan Aerospace
7D
-1.8%
1Y
70.2%
CAE
CA$37.36
CAE
7D
-3.5%
1Y
55.0%
XTRA
CA$0.50
Xtract One Technologies
7D
-9.1%
1Y
-18.0%

One Gateway And Global Expansion Will Drive Demand

Despite a modest decline in both future P/E and net profit margin, the consensus analyst price target for Xtract One Technologies remains unchanged at CA$1.00. What's in the News Xtract One Technologies secured a USD 2.6 million expansion contract for its SmartGateway at an international entertainment venue, building on a previous USD 5.1 million deal.
DFSC
CA$4.83
DEFSEC Technologies
7D
-10.6%
1Y
-89.8%
DPRO
CA$5.61
Draganfly
7D
-7.7%
1Y
21.3%
BBD.B
CA$164.69
Bombardier
7D
-0.5%
1Y
85.1%
MAXQ
CA$0.095
Maritime Launch Services
7D
11.8%
1Y
72.7%