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Canadian (TSX) Aerospace & Defense Industry Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies11
  • 7D-1.4%
  • 3M-3.1%
  • 1Y13.6%
  • YTD11.0%

Over the last 7 days, the Aerospace & Defense industry has dropped 1.4%, driven by MDA declining 2.6%. In the past year, the industry has gained 14%. Earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Oct 2023CA$11.7bCA$6.5bCA$229.8m30.7x51.1x1.8x
Wed, 27 Sep 2023CA$12.7bCA$6.5bCA$202.9m32.7x62.8x1.9x
Fri, 25 Aug 2023CA$12.7bCA$6.5bCA$199.7m30.2x63.4x1.9x
Sun, 23 Jul 2023CA$11.7bCA$6.3bCA$125.7m37.9x93.2x1.9x
Tue, 20 Jun 2023CA$11.5bCA$6.3bCA$125.7m36.1x91.8x1.8x
Thu, 18 May 2023CA$11.8bCA$6.0bCA$87.3m27.6x135x2x
Sat, 15 Apr 2023CA$12.1bCA$5.9bCA$69.0m29.7x175.4x2.1x
Mon, 13 Mar 2023CA$11.8bCA$5.8bCA$87.8m50.6x134.1x2x
Wed, 08 Feb 2023CA$11.9bCA$5.6bCA$66.9m43.9x177.2x2.1x
Fri, 06 Jan 2023CA$10.5bCA$5.6bCA$55.6m31.4x188.8x1.9x
Sun, 04 Dec 2022CA$11.0bCA$5.6bCA$59.7m32.6x183.9x1.9x
Tue, 01 Nov 2022CA$10.3bCA$5.4bCA$52.7m50.9x194.8x1.9x
Thu, 29 Sep 2022CA$9.1bCA$5.4bCA$76.9m43.9x117.9x1.7x
Sat, 27 Aug 2022CA$10.1bCA$5.4bCA$84.3m49.4x120.2x1.9x
Mon, 25 Jul 2022CA$12.8bCA$5.1bCA$133.8m44x95.3x2.5x
Wed, 22 Jun 2022CA$12.0bCA$5.1bCA$133.8m41.9x89.7x2.3x
Fri, 20 May 2022CA$12.0bCA$5.1bCA$106.0m51x113x2.3x
Sun, 17 Apr 2022CA$13.5bCA$5.2bCA$28.1m59.7x481.1x2.6x
Tue, 15 Mar 2022CA$12.4bCA$5.3b-CA$24,770,705.0021.5x-499.7x2.4x
Thu, 10 Feb 2022CA$13.4bCA$5.3bCA$2.0m23.4x6807.6x2.6x
Sat, 08 Jan 2022CA$13.4bCA$5.3bCA$2.5m53.6x5461.3x2.5x
Mon, 06 Dec 2021CA$12.6bCA$5.3b-CA$787,410.0025.8x-15945.4x2.4x
Wed, 03 Nov 2021CA$16.1bCA$5.0bCA$9.5m23.6x1691.3x3.2x
Fri, 01 Oct 2021CA$16.0bCA$5.0bCA$9.1m22.6x1757.7x3.2x
Sun, 29 Aug 2021CA$15.4bCA$5.0bCA$10.1m23.3x1524.6x3.1x
Mon, 05 Jul 2021CA$15.2bCA$5.0bCA$10.1m26.8x1508.9x3x
Thu, 08 Apr 2021CA$12.8bCA$4.4b-CA$171,674,939.7724.1x-74.4x2.9x
Sun, 10 Jan 2021CA$11.5bCA$4.5b-CA$97,848,852.00513.4x-117x2.5x
Price to Earnings Ratio

-281.7x


Total Market Cap: CA$7.2bTotal Earnings: -CA$25,576,246.20Total Revenue: CA$4.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Aerospace & Defense Industry Price to Earnings3Y Average 349.5x202120222023
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 51.1x which is lower than its 3-year average PE of 350x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • Total earnings for the Aerospace & Defense industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 12% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

CA Market-1.70%
Industrials-1.94%
Aerospace & Defense-1.42%
Aerospace and Defense-1.42%
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$42.733.2%
+CA$124.9m		6.8%PE5.3x
AZ A2Z Smart TechnologiesCA$1.837.6%
+CA$4.8m		12.3%PS3.5x
HRX Héroux-DevtekCA$15.270.8%
+CA$4.1m		21.4%PE30.7x
DPRO DraganflyCA$0.80-5.9%
CA$2.9m		-11.1%PS6x
FLY FLYHT Aerospace SolutionsCA$0.785.4%
+CA$1.5m		1.3%PS1.2x
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Latest News

DPRO

CA$0.80

Draganfly

7D

-5.9%

1Y

-11.1%

CAE

CA$28.44

CAE

7D

-0.3%

1Y

9.4%

XTRA

CA$0.72

Xtract One Technologies

7D

-10.0%

1Y

24.1%

HRX

CA$15.27

Héroux-Devtek

7D

0.8%

1Y

21.4%

MDA

CA$11.28

MDA

7D

-2.6%

1Y

68.6%

AZ

CA$1.83

A2Z Smart Technologies

7D

7.6%

1Y

12.3%

BBD.B

CA$42.73

Bombardier

7D

3.2%

1Y

6.8%

FLY

CA$0.78

FLYHT Aerospace Solutions

7D

5.4%

1Y

1.3%

MAL

CA$7.24

Magellan Aerospace

7D

-1.6%

1Y

2.7%

FLT

CA$0.26

Drone Delivery Canada

7D

2.0%

1Y

-25.7%

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MAXQ

CA$0.14

Maritime Launch Services

7D

-6.7%

1Y

-6.7%