CAE (TSX:CAE) Cyclically Adjusted FCF per Share: C$ (As of Jun. 2026)

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TSX:CAE CAE Inc TSX:CAE
80 GF Score
Price C$34.43
GF Value C$36.75
Valuation Modestly Undervalued
! 3 Warning Signs
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What is CAE Cyclically Adjusted FCF per Share?

CAE TSX:CAE -3.39% 80 Cyclically Adjusted FCF per Share is C$ as of Jun. 2026. GuruFocus rates TSX:CAE with a GF Score™ of 80/100 and a GF Value™ of C$36.75 (Modestly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

CAE's adjusted free cash flow per share for the three months ended in Jun. 2026 was C$0.405. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$ for the trailing ten years ended in Jun. 2026.

During the past 12 months, CAE's average Cyclically Adjusted FCF Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of CAE was 55.40% per year. The lowest was -4.10% per year. And the median was 10.30% per year.

As of today (2026-09-21), CAE's current stock price is C$34.43. CAE's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was C$. CAE's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CAE was 83.00. The lowest was 29.39. And the median was 52.80.


CAE  (TSX:CAE) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CAE was 83.00. The lowest was 29.39. And the median was 52.80.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


CAE Cyclically Adjusted FCF per Share Related Terms


CAE Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for CAE's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CAE Cyclically Adjusted FCF per Share Chart

CAE Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
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CAE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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TSX:CAE vs SPCX, GE, RTX: Cyclically Adjusted FCF per Share Comparison

For the Aerospace & Defense subindustry, CAE's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CAE Cyclically Adjusted Price-to-FCF vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CAE's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CAE's Cyclically Adjusted Price-to-FCF falls into.


TSX:CAE
80GF Score
CAE Inc TSX:CAE
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CAE Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, CAE's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.405/133.5265*133.5265
=0.405

Current CPI (Jun. 2026) = 133.5265.

CAE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.003 101.765 -0.004
201612 0.470 101.449 0.619
201703 0.487 102.634 0.634
201706 -0.190 103.029 -0.246
201709 0.269 103.345 0.348
201712 0.561 103.345 0.725
201803 0.351 105.004 0.446
201806 -0.311 105.557 -0.393
201809 0.532 105.636 0.672
201812 0.583 105.399 0.739
201903 0.146 106.979 0.182
201906 -0.557 107.690 -0.691
201909 -0.050 107.611 -0.062
201912 1.063 107.769 1.317
202003 0.606 107.927 0.750
202006 -0.378 108.401 -0.466
202009 0.129 108.164 0.159
202012 0.779 108.559 0.958
202103 0.440 110.298 0.533
202106 -0.686 111.720 -0.820
202109 -0.048 112.905 -0.057
202112 0.793 113.774 0.931
202203 0.428 117.646 0.486
202206 -0.723 120.806 -0.799
202209 0.218 120.648 0.241
202212 0.543 120.964 0.599
202303 0.434 122.702 0.472
202306 -0.418 124.203 -0.449
202309 0.404 125.230 0.431
202312 0.465 125.072 0.496
202403 0.409 126.258 0.433
202406 -0.298 127.522 -0.312
202409 0.351 127.285 0.368
202412 1.058 127.364 1.109
202503 0.666 129.181 0.688
202506 -0.318 129.892 -0.327
202509 0.435 130.287 0.446
202512 1.190 130.366 1.219
202603 0.500 132.262 0.505
202606 0.405 133.527 0.405

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of C$ mean?
CAE (TSX:CAE) has a Cyclically Adjusted FCF per Share of C$ as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on CAE and its competitors.
Is CAE's Cyclically Adjusted FCF per Share too high?
CAE's current Cyclically Adjusted FCF per Share is C$. Overall, CAE has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CAE's Cyclically Adjusted FCF per Share compare to SPCX and GE?
CAE's Cyclically Adjusted FCF per Share of C$ can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Aerospace & Defense company?
A good Cyclically Adjusted FCF per Share depends on the Aerospace & Defense industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on CAE and its competitors. CAE's current Cyclically Adjusted FCF per Share is C$. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAE stock overvalued right now?
Based on GuruFocus' analysis, CAE (TSX:CAE) is currently considered Modestly Undervalued. The stock's GF Value™ is C$36.75, compared to a current price of C$34.43 — trading 6.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is C$. CAE's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For CAE (TSX:CAE), the current Cyclically Adjusted FCF per Share is C$ as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CAE (TSX:CAE) Overvalued in 2026?

Based on GuruFocus' analysis, CAE stock appears to be undervalued. The current stock price of C$34.43 is trading 6.3% below its estimated GF Value™ of C$36.75. GuruFocus considers CAE to be Modestly Undervalued.

Key valuation signals for TSX:CAE:

  • Cyclically Adjusted FCF per Share: C$
  • GF Value™: C$36.75 vs. price of C$34.43 (6.3% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the TSX:CAE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CAE Business Description

Other Exchanges CAE:USACE9:Germany
Address 8585 Cote de Liesse, Saint-Laurent, QC, CAN, H4T 1G6
CAE Inc provides training and aviation services, integrated enterprise solutions, in-service support, and crew-sourcing services. The company operations are managed through two segments: i) Civil Aviation: Provides comprehensive training solutions for flight, cabin, maintenance, ground personnel and air traffic controllers in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as airline operations digital solutions; and ii) Defense and Security which is a world-wide training and simulation provider delivering scalable, platform-independent solutions that enable and enhance force readiness and security. It generates the majority of its revenue from the Civil Aviation segment.
80GF Score

Get the complete analysis for TSX:CAE

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$34.43
Price
C$36.75
GF Value