Added to YB: 2025-01-02
Pitch date: 2024-11-14
CAE [bullish]
CAE Inc.
+22.38%
current return
Author Info
No bio for this author
Company Info
CAE Inc., together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, the Oceania, Africa, and Rest of the Americas.
Market Cap
$10.8B
Pitch Price
$21.89
Price Target
30.80 (+15%)
Dividend
N/A
EV/EBITDA
16.11
P/E
-31.34
EV/Sales
3.16
Sector
Aerospace and Defense
Category
value
CAE Inc. - $CAE
CAE: Civil Aviation leader (80% mkt share) w/ high barriers. Defense improving (5.7% to 6.7% margins Q1-Q2). Secular tailwinds: pilot shortage, outsourcing trend. 10% Civil ASOI growth despite headwinds. Undervalued at 20x P/E vs. pre-COVID mid-20s. 40%+ upside in 12-18 months as Defense margins normalize to double-digits.
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