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CAECAE +0.06%72 Debt-to-EBITDA is 3.70 as of Mar. 2026, which is 1% below its 10-year median of 3.72. GuruFocus rates CAE with a GF Score™ of 72/100 and a GF Value™ of $25.58 (Fairly Valued). The stock has 5 warning signs investors should review. Among 254 Aerospace & Defense companies, CAE ranks worse than 69.29% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for CAE's Debt-to-EBITDA or its related term are showing as below:
CAE'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.96 Med: 3.72 Max: 18.68
Current: 3.11
During the past 13 years, the highest Debt-to-EBITDA Ratio of CAE was 18.68. The lowest was 1.96. And the median was 3.72.
CAE's Debt-to-EBITDA is ranked worse than 69.29% of 254
companies
in the Aerospace & Defense industry
Industry Median: 1.82
vs CAE: 3.11
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
CAE Debt-to-EBITDA Related Terms
CAE Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for CAE's Debt-to-EBITDA 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.
For the Aerospace & Defense subindustry, CAE's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, CAE's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where CAE's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
CAE (CAE) has a Debt-to-EBITDA of 3.70 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CAE. This is near median its historical median of 3.72. Over the past decade, CAE's Debt-to-EBITDA has ranged from 1.96 to 18.68. According to the industry distribution chart, CAE ranks #176 out of 254 companies in the Aerospace & Defense industry, placing it in the top 69.3%.
Is CAE's Debt-to-EBITDA too high?
CAE's current Debt-to-EBITDA of 3.70 is near median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 18.68. The Aerospace & Defense industry median Debt-to-EBITDA is 1.82. CAE's value of 3.70 is 103.3% above this industry median. Based on the distribution chart, CAE ranks #176 out of 254 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, CAE has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CAE's Debt-to-EBITDA compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CAE ranks #176 out of 254 companies for Debt-to-EBITDA. This places CAE in the lower half of its industry. The industry median Debt-to-EBITDA is 1.82. CAE's value of 3.70 is 103.3% above this benchmark. Historically, CAE's own Debt-to-EBITDA has ranged from 1.96 to 18.68 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 1.82, CAE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.82, based on 254 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CAE's current Debt-to-EBITDA of 3.70 is 103.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CAE. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAE's current Debt-to-EBITDA is 3.70, which is near median its own 10-year median of 3.72. 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 (CAE) is currently considered Fairly Valued. The stock's GF Value™ is $25.58, compared to a current price of $25.82 — trading 0.9% above its estimated fair value. The current Debt-to-EBITDA is 3.70, which is near median its 10-year median of 3.72 and 103.3% above the Aerospace & Defense industry median of 1.82. CAE's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For CAE (CAE), the current Debt-to-EBITDA is 3.70 as of Mar. 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 (CAE) Overvalued in 2026?
Based on GuruFocus' analysis, CAE stock appears to be overvalued.
The current stock price of $25.82 is trading 0.9% above its estimated GF Value™ of $25.58.
GuruFocus considers CAE to be Fairly Valued.
Key valuation signals for CAE:
Debt-to-EBITDA: 3.70 (near median its 10-year median of 3.72)
GF Value™: $25.58 vs. price of $25.82 (0.9% above fair value)
Industry Position: 103.3% above the Aerospace & Defense median (#176 of 254)
No single metric tells the full story. See the CAE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
72GF Score
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