(CAE) CAE - Overview
Stock: Simulators, Training, Software, Services, Defense
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 31.8% |
| Relative Tail Risk | -7.73% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.86 |
| Alpha | 15.96 |
| Character TTM | |
|---|---|
| Beta | 1.022 |
| Beta Downside | 1.221 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.58% |
| CAGR/Max DD | 0.36 |
Description: CAE CAE January 06, 2026
CAE Inc. (NYSE: CAE) is a Canadian-based provider of training, simulation, and operational solutions for both civil aviation and defense/security customers worldwide, serving markets across North America, Europe, Asia-Pacific, Africa and the rest of the Americas.
The company operates two distinct segments: Civil Aviation, which delivers flight-crew, cabin-crew, maintenance, ground-personnel and air-traffic-controller training, as well as a portfolio of full-flight simulators and digital airline-operations tools; and Defense & Security, which supplies platform-agnostic simulation and readiness services to armed forces, OEMs, government agencies and public-safety organisations.
In FY 2023 CAE reported US$3.6 billion in revenue, with an operating margin of roughly 12 % and a defense-segment backlog of US$1.2 billion, indicating strong demand continuity. The civil-aviation side benefited from a 6 % YoY increase in flight-training hours, driven by a persistent global pilot shortage that is projected to exceed 600 k pilots by 2030. On the defense side, rising NATO and U.S. defense budgets-up about 3 % annually-support continued growth in simulation contracts, a market that the industry estimates will expand at a CAGR of 7 % through 2028.
For a deeper, data-driven view of CAE’s valuation dynamics, you might find the analysis on ValueRay worth a quick look.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 435.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 1.67 > 1.0 |
| NWC/Revenue: -8.37% < 20% (prev -9.02%; Δ 0.65% < -1%) |
| CFO/TA 0.07 > 3% & CFO 797.2m > Net Income 435.6m |
| Net Debt (3.19b) to EBITDA (1.16b): 2.74 < 3 |
| Current Ratio: 0.83 > 1.5 & < 3 |
| Outstanding Shares: last quarter (321.3m) vs 12m ago 0.70% < -2% |
| Gross Margin: 28.09% > 18% (prev 0.26%; Δ 2783 % > 0.5%) |
| Asset Turnover: 45.57% > 50% (prev 43.74%; Δ 1.83% > 0%) |
| Interest Coverage Ratio: 3.59 > 6 (EBITDA TTM 1.16b / Interest Expense TTM 199.6m) |
Altman Z'' 1.77
| A: -0.04 (Total Current Assets 2.04b - Total Current Liabilities 2.45b) / Total Assets 11.09b |
| B: 0.21 (Retained Earnings 2.28b / Total Assets 11.09b) |
| C: 0.07 (EBIT TTM 717.5m / Avg Total Assets 10.61b) |
| D: 0.84 (Book Value of Equity 4.98b / Total Liabilities 5.93b) |
| Altman-Z'' Score: 1.77 = BBB |
Beneish M -3.19
| DSRI: 0.84 (Receivables 1.11b/1.20b, Revenue 4.83b/4.43b) |
| GMI: 0.93 (GM 28.09% / 26.05%) |
| AQI: 1.00 (AQ_t 0.47 / AQ_t-1 0.47) |
| SGI: 1.09 (Revenue 4.83b / 4.43b) |
| TATA: -0.03 (NI 435.6m - CFO 797.2m) / TA 11.09b) |
| Beneish M-Score: -3.19 (Cap -4..+1) = AA |
What is the price of CAE shares?
Over the past week, the price has changed by -2.47%, over one month by -3.19%, over three months by +15.44% and over the past year by +31.58%.
Is CAE a buy, sell or hold?
- StrongBuy: 1
- Buy: 5
- Hold: 7
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the CAE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 33.3 | 6.6% |
| Analysts Target Price | 33.3 | 6.6% |
| ValueRay Target Price | 32.2 | 3.2% |
CAE Fundamental Data Overview February 03, 2026
P/E Trailing = 33.0309
P/E Forward = 28.8184
P/S = 2.1329
P/B = 2.8306
P/EG = 2.45
Revenue TTM = 4.83b CAD
EBIT TTM = 717.5m CAD
EBITDA TTM = 1.16b CAD
Long Term Debt = 3.07b CAD (from longTermDebt, last quarter)
Short Term Debt = 291.4m CAD (from shortTermDebt, last quarter)
Debt = 3.37b CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.19b CAD (from netDebt column, last quarter)
Enterprise Value = 17.27b CAD (14.09b + Debt 3.37b - CCE 178.7m)
Interest Coverage Ratio = 3.59 (Ebit TTM 717.5m / Interest Expense TTM 199.6m)
EV/FCF = 41.69x (Enterprise Value 17.27b / FCF TTM 414.3m)
FCF Yield = 2.40% (FCF TTM 414.3m / Enterprise Value 17.27b)
FCF Margin = 8.57% (FCF TTM 414.3m / Revenue TTM 4.83b)
Net Margin = 9.01% (Net Income TTM 435.6m / Revenue TTM 4.83b)
Gross Margin = 28.09% ((Revenue TTM 4.83b - Cost of Revenue TTM 3.48b) / Revenue TTM)
Gross Margin QoQ = 25.82% (prev 28.06%)
Tobins Q-Ratio = 1.56 (Enterprise Value 17.27b / Total Assets 11.09b)
Interest Expense / Debt = 1.69% (Interest Expense 56.9m / Debt 3.37b)
Taxrate = 22.66% (22.3m / 98.4m)
NOPAT = 554.9m (EBIT 717.5m * (1 - 22.66%))
Current Ratio = 0.83 (Total Current Assets 2.04b / Total Current Liabilities 2.45b)
Debt / Equity = 0.66 (Debt 3.37b / totalStockholderEquity, last quarter 5.08b)
Debt / EBITDA = 2.74 (Net Debt 3.19b / EBITDA 1.16b)
Debt / FCF = 7.69 (Net Debt 3.19b / FCF TTM 414.3m)
Total Stockholder Equity = 4.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.11% (Net Income 435.6m / Total Assets 11.09b)
RoE = 8.91% (Net Income TTM 435.6m / Total Stockholder Equity 4.89b)
RoCE = 9.01% (EBIT 717.5m / Capital Employed (Equity 4.89b + L.T.Debt 3.07b))
RoIC = 6.80% (NOPAT 554.9m / Invested Capital 8.16b)
WACC = 8.07% (E(14.09b)/V(17.45b) * Re(9.68%) + D(3.37b)/V(17.45b) * Rd(1.69%) * (1-Tc(0.23)))
Discount Rate = 9.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.35%
[DCF Debug] Terminal Value 81.04% ; FCFF base≈332.3m ; Y1≈409.9m ; Y5≈698.0m
Fair Price DCF = 26.29 (EV 11.64b - Net Debt 3.19b = Equity 8.45b / Shares 321.5m; r=8.07% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -5.71 | EPS CAGR: -49.63% | SUE: -4.0 | # QB: 0
Revenue Correlation: 89.97 | Revenue CAGR: 10.56% | SUE: 0.33 | # QB: 0
EPS next Year (2027-03-31): EPS=1.51 | Chg30d=+0.005 | Revisions Net=+2 | Growth EPS=+23.4% | Growth Revenue=+5.6%