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CAE Inc. (CAE.TO)

CAD34.36 -0.72 (-2.05%)
CA TSX Industrials Aerospace & Defense
Address 8585 Cote-de-Liesse H4T 1G6
Saint-Laurent, QC, CA
CEO Matthew F. Bromberg
Website cae.com
IPO 1995-01-12
ISIN CA1247651088

Explore sections of this company profile

Also trades on New York Stock Exchange · CAE (USD) Toronto Stock Exchange · CAE.TO (CAD)
Description

Operating globally, CAE Inc. and its subsidiaries specialize in delivering advanced simulation-based training and vital operational support. Its business is organized into three core segments: Civil Aviation, Defense and Security, and Healthcare. The Civil Aviation division offers comprehensive training solutions for flight, cabin, maintenance, and ground personnel within the commercial, business, and helicopter sectors. This includes the manufacturing of flight simulation training devices, provision of initial pilot education and crew placement services, and the development of integrated digital software for crew management, training operations, and optimization. CAE's Defense and Security segment furnishes specialized training and critical mission support to armed forces engaged in multi-domain operations, as well as to original equipment manufacturers, government entities, and public safety organizations. Within the Healthcare segment, the company develops holistic educational and training systems. These offerings span interventional and imaging simulations, structured curricula, audiovisual debriefing solutions, center management platforms, and patient simulators, catering to healthcare students, clinical professionals, various simulation centers (hospital and university), medical and nursing schools, paramedic services, military forces, medical associations, public health agencies, and OEMs. Originally established in 1947 as CAE Industries Ltd., the company adopted its current name, CAE Inc., in 1993 and maintains its corporate headquarters in Saint-Laurent, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD34.36 -0.72 (-2.05%)
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Volume Profile
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Liquidity & share structure
Average Volume
981.5K
Beta
1.04
Float Shares
290.56M
Free Float %
90.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-13.63% -9.24% -7.43% -19.75% -12.56% -23.31% -6.40% +9.59% -11.57% +100.06% +783.03%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (17 ratings, all time) Buy
Price Targets & DCF
Current price
34.36
DCF (Unlevered) 39.77 +15.7%
DCF (Levered) 45.82 +33.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 64% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 5 0
Hold 5 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.00
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Aerospace & Defense: +15.4%
    +4.4% Q1'26: +4.0% (vs Q1'25)
  • EPS growth Aerospace & Defense: +32.2%
    -23.6% Q1'26: -45.2% (vs Q1'25)
  • FCF margin FCF growth · Aerospace & Defense: +45.0%
    +9.0% Q1'26: +12.2% (vs Q1'25)
  • EBIT margin Aerospace & Defense: +9.2%
    +12.7% Q1'26: +15.2% (vs Q1'25)
  • ROIC Aerospace & Defense: +6.2%
    +6.2% Q1'26: +9.2% (vs Q1'25)
  • Share dilution Aerospace & Defense: +0.0%
    +0.8% Q1'26: +1.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Aerospace & Defense: 0.16×
    3.02× Q1'26: 2.54× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.03) × ERP
WACC = 76% × Ke + 24% × Kd (7.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 39.77 Current price: 34.36
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
14 Rev. Ana.
9 EPS Ana.
Mar 2027
11 Rev. Ana.
6 EPS Ana.
Mar 2028
11 Rev. Ana.
7 EPS Ana.
Mar 2029
6 Rev. Ana.
2 EPS Ana.
Mar 2030
3 Rev. Ana.
1 EPS Ana.
Revenue
1.63B
est: 1.63B (-0.3%)
1.82B
est: 1.85B (-1.7%)
2.04B
est: 2.13B (-4.5%)
2.08B
est: 2.14B (-2.9%)
2.25B
est: 2.23B (+0.6%)
2.51B
est: 2.47B (+1.8%)
2.70B
est: 2.72B (-0.7%)
2.82B
est: 2.84B (-0.6%)
3.30B
est: 3.23B (+2.2%)
3.62B
est: 3.69B (-1.7%)
2.98B
est: 2.97B (+0.4%)
3.37B
est: 3.36B (+0.2%)
4.01B
est: 4.14B (-3.1%)
4.28B
est: 4.34B (-1.4%)
4.71B
est: 4.72B (-0.3%)
4.88B
4.78B – 4.92B
+3.3% YoY
4.93B
4.62B – 5.02B
+1.0% YoY
5.17B
4.99B – 5.31B
+4.9% YoY
5.35B
5.35B – 5.35B
+3.6% YoY
5.62B
5.34B – 5.75B
+4.9% YoY
EBITDA
396.70M
est: 284.35M (+39.5%)
412.30M
est: 334.34M (+23.3%)
380.80M
est: 350.99M (+8.5%)
382.50M
est: 264.41M (+44.7%)
436.10M
est: 349.80M (+24.7%)
500.90M
est: 427.97M (+17.0%)
506.90M
est: 453.79M (+11.7%)
533.60M
est: 463.49M (+15.1%)
595.90M
est: 598.85M (-0.5%)
705.30M
est: 624.35M (+13.0%)
446.90M
est: 440.92M (+1.4%)
552.30M
est: 502.58M (+9.9%)
693.60M
est: 545.00M (+27.3%)
785.70M
est: 1.21B (-35.2%)
915.70M
est: 1.31B (-30.3%)
1.36B
1.33B – 1.37B
+3.6% YoY
1.37B
1.29B – 1.40B
+1.0% YoY
1.44B
1.39B – 1.48B
+4.9% YoY
1.49B
1.49B – 1.49B
+3.6% YoY
1.57B
1.49B – 1.60B
+4.9% YoY
EBIT
287.00M
est: 241.15M (+19.0%)
286.50M
est: 294.08M (-2.6%)
256.40M
est: 347.66M (-26.2%)
242.90M
est: 245.71M (-1.1%)
276.80M
est: 311.01M (-11.0%)
316.90M
est: 366.89M (-13.6%)
336.60M
est: 369.71M (-9.0%)
376.00M
est: 380.45M (-1.2%)
423.50M
est: 526.90M (-19.6%)
502.30M
est: 547.06M (-8.2%)
236.80M
est: 416.13M (-43.1%)
341.20M
est: 474.32M (-28.1%)
462.10M
est: 514.36M (-10.2%)
469.90M
est: 699.28M (-32.8%)
635.90M
est: 758.09M (-16.1%)
785.43M
769.51M – 792.88M
+3.6% YoY
792.96M
743.49M – 807.96M
+1.0% YoY
832.10M
802.67M – 854.22M
+4.9% YoY
861.77M
861.77M – 861.77M
+3.6% YoY
904.33M
860.45M – 924.99M
+4.9% YoY
Net Income
169.80M
est: 151.51M (+12.1%)
180.30M
est: 192.57M (-6.4%)
137.70M
est: 207.49M (-33.6%)
190.00M
est: 139.41M (+36.3%)
201.80M
est: 202.51M (-0.3%)
229.70M
est: 222.47M (+3.2%)
251.50M
est: 253.12M (-0.6%)
346.00M
est: 262.36M (+31.9%)
330.00M
est: 393.92M (-16.2%)
311.40M
est: 375.64M (-17.1%)
-47.20M
est: 241.26M (-119.6%)
141.70M
est: 275.00M (-48.5%)
222.70M
est: 286.30M (-22.2%)
-304.00M
est: -341.80M (+11.1%)
405.30M
est: 380.96M (+6.4%)
381.40M
360.48M – 402.32M
+0.1% YoY
353.77M
330.78M – 416.78M
-7.2% YoY
499.57M
444.37M – 554.77M
+41.2% YoY
584.18M
558.22M – 610.14M
+16.9% YoY
681.36M
638.38M – 701.60M
+16.6% YoY
SGA
est: 212.19M (-100.0%)
256.40M
est: 240.64M (+6.5%)
269.60M
est: 295.07M (-8.6%)
264.50M
est: 269.91M (-2.0%)
269.50M
est: 306.00M (-11.9%)
317.00M
est: 291.70M (+8.7%)
369.60M
est: 343.26M (+7.7%)
385.70M
est: 380.14M (+1.5%)
420.90M
est: 433.54M (-2.9%)
443.10M
est: 472.62M (-6.2%)
405.40M
est: 334.70M (+21.1%)
494.40M
est: 381.50M (+29.6%)
504.80M
est: 413.71M (+22.0%)
535.00M
est: 556.13M (-3.8%)
546.50M
est: 602.90M (-9.4%)
624.65M
611.98M – 630.57M
+3.6% YoY
630.63M
591.29M – 642.56M
+1.0% YoY
661.76M
638.35M – 679.35M
+4.9% YoY
685.35M
685.35M – 685.35M
+3.6% YoY
719.20M
684.31M – 735.64M
+4.9% YoY
EPS
0.66
est: 0.65 (+1.4%)
0.70
est: 0.71 (-0.9%)
0.54
est: 0.71 (-23.9%)
0.73
est: 0.68 (+7.3%)
0.76
est: 0.74 (+2.1%)
0.85
est: 0.84 (+1.5%)
0.94
est: 1.00 (-6.2%)
1.29
est: 1.06 (+21.4%)
1.24
est: 1.20 (+3.0%)
1.17
est: 1.28 (-8.5%)
-0.17
est: 0.43 (-139.9%)
0.46
est: 0.77 (-40.3%)
0.70
est: 0.86 (-18.9%)
-0.96
est: -1.07 (+10.6%)
1.27
est: 1.20 (+5.6%)
1.19
1.12 – 1.25
-0.8% YoY
1.24
1.03 – 1.29
+3.9% YoY
1.51
1.38 – 1.72
+21.4% YoY
1.81
1.73 – 1.89
+20.5% YoY
2.12
1.98 – 2.18
+16.6% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-04-17 Jefferies Hold Hold Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-22 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-05-21 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-05-20 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-05-19 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-05-15 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-14 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-13 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-12 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-11 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-08 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-07 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-06 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-05 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-04 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-01 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-30 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-29 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-28 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-27 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-24 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-23 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5
2026-04-22 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5
2026-04-21 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5
2026-04-20 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5
2026-04-17 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5
2026-04-16 B 3/5 4/5 3/5 4/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
718.05M
OE per share TTM
2.23
Owner's Yield
6.97%
Maintenance CapEx ratio
39.00%
Maint CapEx / Avg PPE
72.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
7
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Mackenzie Financial Corporation 32.04M 10.07% 32.04M 32.04M IA Toronto, Ontario, Canada 2023-11-08
2 Caisse de dépôt et placement du Québec 24.60M 8.10% 24.60M 24.60M OO Québec, Canada 2021-03-15
3 JARISLOWSKY, FRASER LIMITED 17.33M 5.45% 17.33M 17.33M IA CANADA 2024-02-12
4 Management Inc. (“RBC GAM”) 16.53M 6.40% 16.53M FI Canada 2013-02-13
5 Greystone Managed Investments Inc. 15.02M 5.87% 13.27M 15.02M OO Canada 2010-03-01
6 Capital Group International, Inc. 8.13M 3.10% 7.77M 8.13M HC California 2013-02-12
7 Capital Guardian Trust Company 7.96M 3.10% 7.60M 7.96M BK, IA California 2013-02-12

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 156 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 BMO Equal Weight Industrials Index ETF ZIN.TO 2.13% 894.2K 0.62%
2 Brandes International ETF BINV 1.61% 3.36M 0.70%
3 Desjardins RI Canada Multifactor - Net-Zero Emissions Pathway ETF DRFC.TO 1.08% 2.81M 0.40%
4 iShares Defense Industrials Act IDEF 0.99% 40.73M 0.55%
5 iShares Canadian Growth Index ETF XCG.TO 0.67% 685.3K 0.55%
6 Pacer Solactive Whitney Future of Warfare ETF FOWF 0.63% 97.4K 0.49%
7 Brandes U.S. Value ETF BUSA 0.61% 1.80M 0.60%
8 iShares ESG Aware MSCI Canada Index ETF XESG.TO 0.56% 2.54M 0.17%
9 BMO MSCI Canada Selection Equity Index ETF ESGA.TO 0.46% 552.5K 0.16%
10 BMO MSCI Canada Value Index ETF ZVC.TO 0.39% 142.1K 0.40%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
47.9K
Shares Outstanding
321.81M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Carter Copeland President of Flightscape 2M male
Andrew Arnovitz Chief Strategy Officer 2M male
Mark Hounsell Chief Legal Officer 968.0K male
Calin Rovinescu Executive Chairman of the Board 53.8K male
Matthew F. Bromberg Chief Executive Officer, President & Director male
Pascal Grenier President of Defense & Security male
Ryan McLeod Chief Financial Officer male
Samantha Golinski Senior Vice President of Communications female
Alexandre Prevost President of Civil Aviation male
Srini Dixit CFO of Defense & Security, Interim VP and GM of Defense & Security USA male
Emmanuel Levitte Chief Technology Officer male
Helene V. Gagnon Chief People & Sustainability Officer female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits