# CAE Inc. (CAE) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Industrials / Aerospace & Defense. Price $24.41, market value $7.9 billion.

## Valuation
- **P/E (trailing): 38.1×** (5-yr avg 34.1×, 3-yr avg 23.1×). CAE Inc. trades at 38.1× trailing earnings, close to its own five-year average of 34.1×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 22.7×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 2.2×**. Each dollar of revenue is priced at 2.2×.
- **Price / book: 2.0×**. The shares trade at 2.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 14.2×**. Enterprise value is 14.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 6.6%** (5-yr avg 3.0%). Free cash flow equals 6.6% of the market value, above its five-year average of 3.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 2.6%**. The inverse of the P/E: 2.6% of the price is earned each year.

## Profitability
- **Gross margin: 28.6%**. CAE Inc. keeps 28.6% of revenue after the direct cost of what it sells.
- **Operating margin: 13.5%**. 13.5% of revenue is left after running the business.
- **Net margin: 6.4%**. 6.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 5.9%**. 5.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 6.8%**. Return on all capital, debt included, is 6.8%.
- **Return on assets: 2.6%**. Each dollar of assets produces 2.6% of profit.

## Growth
- **Revenue growth (1 yr): 4.4%** (3-yr 7.0%/yr, 5-yr 10.5%/yr). Revenue grew 4.4% over the last year, against 10.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -23.6%** (3-yr 11.5%/yr). Earnings per share fell 23.6%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.61**. Debt is 0.61 times equity, moderate leverage.
- **Net debt / EBITDA: 2.8×**. It would take 2.8 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 4.4×**. Operating profit covers interest 4.4× over, a safe margin.
- **Current ratio: 0.96** (quick 0.77). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 2.10**. A Z-score of 2.10 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. CAE Inc. does not currently pay a dividend, but it returned 0.0% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: buy** (2 analysts). 2 analysts cover CAE Inc.; the consensus is buy, with an average price target of $30.53 (+25% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -8.4%** (YTD -19.8%, 3-mo -4.3%). The shares are down 8.4% over twelve months including dividends.
- **From 52-week high: -28.7%** (7.2% above the low). Trading 29% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 43**. An RSI of 43 is neutral.
- **Beta (1 yr): 0.94** (volatility 32%). Beta of 0.94 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CAE · Page: https://foliofundamentals.com/stocks/cae

Not investment advice.