CAE (MEX:CAEN) Scaled Net Operating Assets: 0.74 (As of Mar. 2026)


MEX:CAEN CAE Inc MEX:CAEN
79 GF Score
Price MXN547.47
GF Value MXN553.63
! 5 Warning Signs
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What is CAE Scaled Net Operating Assets?

CAE MEX:CAEN 79 Scaled Net Operating Assets is 0.74 as of Mar. 2026. GuruFocus rates MEX:CAEN with a GF Score™ of 79/100 and a GF Value™ of MXN553.63. The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CAE's operating assets for the quarter that ended in Mar. 2026 was MXN139,259 Mil. CAE's operating liabilities for the quarter that ended in Mar. 2026 was MXN33,194 Mil. CAE's Total Assets for the quarter that ended in Dec. 2025 was MXN143,910 Mil. Therefore, CAE's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.74.


CAE Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for CAE's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

CAE Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.67 0.64 0.96 0.66

CAE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.71 0.74 0.71 0.74

MEX:CAEN vs GE, RTX, BA: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, CAE's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CAE's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where CAE's Scaled Net Operating Assets falls into.


MEX:CAEN
79GF Score
CAE Inc MEX:CAEN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CAE Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CAE's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(139259.235-33193.574)/159803.68
=0.66

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=146519.631 - 7260.396
=139259.235

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=75701.853 - 39196.15 - 3312.129
=33193.574

CAE's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(139259.235-33193.574)/143909.856
=0.74

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=146519.631 - 7260.396
=139259.235

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=75701.853 - 39196.15 - 3312.129
=33193.574

* 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.

What does a Scaled Net Operating Assets of 0.74 mean?
CAE (MEX:CAEN) has a Scaled Net Operating Assets of 0.74 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CAE and its competitors.
Is CAE's Scaled Net Operating Assets too high?
CAE's current Scaled Net Operating Assets is 0.74. Overall, CAE has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does CAE's Scaled Net Operating Assets compare to GE and RTX?
CAE's Scaled Net Operating Assets of 0.74 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 Scaled Net Operating Assets for an Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CAE and its competitors. CAE's current Scaled Net Operating Assets is 0.74. 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?
CAE (MEX:CAEN) has a current Scaled Net Operating Assets of 0.74. The stock's GF Value™ is MXN553.63, compared to a current price of MXN547.47 — trading 1.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.74. CAE's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For CAE (MEX:CAEN), the current Scaled Net Operating Assets is 0.74 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 (MEX:CAEN) Overvalued in 2026?

Based on GuruFocus' analysis, CAE stock appears to be undervalued. The current stock price of MXN547.47 is trading 1.1% below its estimated GF Value™ of MXN553.63.

Key valuation signals for MEX:CAEN:

  • Scaled Net Operating Assets: 0.74
  • GF Value™: MXN553.63 vs. price of MXN547.47 (1.1% below fair value)
  • GF Score™: 79/100 with 5 warning signs

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


CAE Business Description

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.
79GF Score

Get the complete analysis for MEX:CAEN

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN547.47
Price
MXN553.63
GF Value