The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

CAE.TO

Concerning the House

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.

Canada · www.cae.com

The Ledger
LineMar 2025Jun 2025Sep 2025Dec 2025
Revenue$1.28B$1.10B$1.24B$1.25B
Gross profit$390.70M$308.30M$319.30M$362.20M
Operating income$205.20M$112.20M$134.00M$174.50M
Net income$135.90M$57.20M$73.90M$108.90M
Diluted EPS0.180.230.34
Free cash flow$196.10M-$144.60M$106.40M$344.20M
CapEx-$126.60M-$129.30M-$107.60M-$63.40M
Quotation

$36.60

-1.99 (-5.2%)

52w hi$47.40
52w lo$32.01
Vol1.71M
As ofAug 13
The Verdict

Hold

Our score -0.31

Short-0.83
Medium-0.08
Long+0.26

computed 2026-08-13

By the Numbers

CAE Inc.

Industrials · Aerospace & Defense

Market cap$11.77B
Enterprise value$14.92B
Trailing P/E37.73x
Forward P/E24.62x
EV / EBITDA16.29x
P / S (ttm)2.40x
Profit margin6.4%
Return on equity6.2%
Revenue growth+4.0%
Earnings growth-48.2%
Debt / equity60.02
Risk Metrics
Beta vs SPX0.92
Corr SPX0.44
Annual vol33.9%
Annual ret+27.2%
Sharpe0.80
Max DD-33.6%

Window: 504 trading days (493 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.27
Sector+0.10
Technical-0.01
Earnings+0.00
Sentiment-0.84

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$39.64$40.31$36.45$36.601.71M
Aug 12$37.96$38.61$37.66$38.591.08M
Aug 11$37.49$38.23$37.45$37.79826.30K
Aug 10$37.87$38.26$37.27$37.41861.40K
Aug 7$37.55$38.03$37.29$37.93722.60K