CAE Inc. (CAE.TO)
Industrials · TOR · Canada
Fundamentals
Valuation and ratings
CAE Inc. trades at CAD35.51, which is 54% above the CAD16.49 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 37 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 35.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
CAE.TO dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2020 | CAD0.110 | 1 |
| 2019 | CAD0.420 | 4 |
| 2018 | CAD0.380 | 4 |
| 2017 | CAD0.340 | 4 |
| 2016 | CAD0.310 | 4 |
| 2015 | CAD0.290 | 4 |
| 2014 | CAD0.260 | 4 |
| 2013 | CAD0.210 | 4 |
| 2012 | CAD0.180 | 4 |
| 2011 | CAD0.160 | 4 |
| 2010 | CAD0.170 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
CAE.TO earnings and analyst estimates
Recommendation mix, 14 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About CAE Inc.
CAE Inc., together with its subsidiaries, provides training, simulation, and critical operation solutions in Canada, the United States, the United Kingdom, Europe, Asia, the Oceania, Africa, and rest of the Americas. The company operates through two segments, Civil Aviation; and Defense and Security. The Civil Aviation segment offers training solutions for flight, cabin, maintenance, ground personnel, and air traffic controllers in commercial, business, and helicopter aviation; a range of flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as airline operations digital solutions for commercial airlines, regional airlines, business aircraft operators, civil helicopter operators, aircraft manufacturers, third-party training centres, flight training organizations, air navigation service providers, maintenance, repair and overhaul organizations and aircraft finance leasing companies. The Defense and Security segment operates as a training and simulation provider that delivers scalable and platform-independent solutions to enable and enhance force readiness and security for defense forces, original equipment manufacturers (OEMs), government agencies, and public safety organizations. The company was formerly known as CAE Industries Ltd. and changed its name to CAE Inc. in 1993. CAE Inc. was incorporated in 1947 and is headquartered in Saint-Laurent, Canada.
CAE.TO passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is CAE Inc. (CAE.TO) undervalued?
Against our discounted cash flow estimate of CAD16.49, CAE.TO at CAD35.51 is 54% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is CAE.TO's P/E ratio?
CAE.TO trades at 35.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
When does CAE.TO report earnings next?
CAE Inc. is scheduled to report on 11 Aug 2026. Companies move earnings dates, so read it as scheduled rather than certain.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.