CAE vs DSGX vs BA Stock Comparison

Cae, Descartes Systems and Boeing Prices as of Oct 28, 2026 Peers: Industry group
1 more company in this comparison (RTX) Create a free account to keep reading and compare up to 10 companies.
CAE Cae Inc
$25.76 +6.1% 1M -10.1% 1Y
Market cap
$8.29B
P/E
34.5x
Revenue (TTM)
$3.50B
Div. yield
–
Commercial Aerospace Industrials
2 wins
BA Boeing Co
$167.12 -9.4% 1M -25.2% 1Y
Market cap
$132.43B
P/E
18.1x
Revenue (TTM)
$94.91B
Div. yield
–
Commercial Aerospace Industrials
5 wins

Head to Head

11 decided of 12

Boeing leads on 5 of the 12 questions below (Boeing 5, Descartes Systems 4, Cae 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCAEDSGXBALeader
Larger companyMarket capitalisation $8.29B $7.95B $132.43B BA
Cheaper on earningsLower P/E, profitable companies only 34.5x 42.2x 18.1x BA
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.1x 42.0x — CAE
Faster revenue growthRevenue growth, trailing twelve months +6.5% +13.2% +17.5% BA
More profitableNet margin, trailing twelve months 6.9% 24.3% 7.7% DSGX
Better return on capitalReturn on invested capital 7.1% — 18.2% BA
Less leveragedLower net debt / EBITDA 3.0x — 2.1x BA
Higher dividend yieldTrailing dividend yield 0.00% — 0.00% –
Better 1-year returnPrice return, last 12 months -10.1% -4.4% -25.2% DSGX
Better 5-year returnAnnualised price return, 5 years -3.2%/yr +2.5%/yr -4.2%/yr DSGX
Less volatileAnnualised volatility, 1 year 33.3% 41.4% 36.2% CAE
Higher overall scoreMean of the five percentile scores vs peers 54/100 67/100 57/100 DSGX

Percentile Scorecard

CAEDSGXBA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCAEDSGXBA
Valuation 79 #22 of 100 43 #51 of 89 65 #36 of 100
Growth 50 #49 of 97 65 #29 of 81 87 #14 of 97
Profitability 85 #15 of 96 97 #3 of 76 65 #34 of 96
Financial Health 25 #79 of 105 85 #15 of 94 13 #92 of 105
Shareholder Returns 33 #44 of 65 45 #29 of 52 –
Overall 54 67 57
  • CAE ranked among 107 companies in Aerospace and Defense
  • DSGX ranked among 98 companies in Vertical Software
  • BA ranked among 107 companies in Aerospace and Defense

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCAEDSGXBASPY
1 month +6.1%+17.1%-9.4% +0.9%
3 months -1.8%+18.4%-21.9% +5.9%
6 months +1.3%+27.7%-25.4% +8.5%
Year to date -15.3%+5.4%-23.0% +13.3%
1 year -10.1%-4.4%-25.2% +12.4%
3 years +25.7%+32.3%-7.0% +88.1%
3 years, per year +7.9%+9.8%-2.4% +23.5%
5 years -15.2%+13.0%-19.3% +68.2%
5 years, per year -3.2%+2.5%-4.2% +11.0%
10 years +83.3%+341.9%+16.9% +263.4%
10 years, per year +6.3%+16.0%+1.6% +13.8%

Risk

MeasureCAEDSGXBASPY
Volatility, 1Y 33.3%41.4%36.2% 12.7%
Downside volatility, 1Y 35.6%38.5%36.4% 12.7%
Beta vs S&P 500, 1Y 0.910.331.18 1.00
Return / volatility, 1Y -0.30-0.11-0.70 0.98
Max drawdown, 5Y -55.0%-48.7%-50.3% -25.4%
From 52-week high -24.3%-4.4%-33.7% -0.9%
52-week high $34.05$96.58$252.15 $779.14
52-week low $23.15$62.82$167.12 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCAEDSGXBA
P/E now vs peer median 34.5xmedian 26.4x 42.2xmedian 40.6x 18.1xmedian 26.4x
P/S now vs peer median 2.4xmedian 3.0x 10.2xmedian 2.4x 1.4xmedian 3.0x
EV/EBITDA now vs peer median 12.5xmedian 14.5x 23.1xmedian 18.3x 13.1xmedian 14.5x
P/FCF now vs peer median 28.9xmedian 26.1x 26.7xmedian 20.5x 8,277xmedian 26.1x
P/B now vs peer median 2.1xmedian 2.5x 4.8xmedian 1.8x 20.2xmedian 2.5x
PEG now vs peer median 1.38median 0.90 2.40median 1.74 0.31median 0.90

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCAEDSGXBA
Revenue $3.50B $775.17M $94.91B
Gross profit $962.14M $601.59M $8.94B
Operating income $541.06M $243.60M $9.74B
Net income $213.43M $188.01M $7.66B
Free cash flow $286.93M $297.47M $16.00M
R&D $93.01M $109.17M $3.62B
EPS (diluted) $0.74 $2.15 $9.22
Cash & equivalents -$400.24M $401.06M $9.50B
Total debt $9.42B – $45.92B
Shares (diluted) 322.16M 87.58M 792.90M
Enterprise value $8.81B $6.53B $41.41B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCAEDSGXBA
P/E 34.5x 42.2x 18.1x
P/FCF 28.9x 26.7x 8,277x
P/Operating cash flow 14.9x 26.0x 33.0x
P/S 2.4x 10.2x 1.4x
P/B 2.1x 4.8x 20.2x
P/Tangible book 2.1x 6.1x 25.1x
EV/EBITDA 12.5x 23.1x 13.1x
EV/EBIT 20.2x 31.0x 16.2x
EV/Revenue 3.1x 9.7x 1.7x
EV/FCF 38.2x 25.4x 9,853x
EV/Operating cash flow 19.7x 24.7x 39.3x
PEG (3Y EPS CAGR) 1.38 2.40 0.31

Growth

14 metrics
MetricCAEDSGXBA
Revenue growth (1Y) 6.5% 13.2% 17.5%
Revenue CAGR (3Y) 7.4% 13.8% 7.8%
Gross profit growth (1Y) 10.2% 15.5% 906.6%
Gross profit CAGR (3Y) 6.6% 14.4% 9.1%
Operating income growth (1Y) 21.1% 30.1% 217.8%
Operating income CAGR (3Y) 25.8% 19.8% 107.6%
Net income growth (1Y) -29.4% 26.9% 177.7%
Net income CAGR (3Y) -1.0% 18.3% 67.1%
EPS growth (1Y) 68.8% 26.4% 168.9%
EPS CAGR (3Y) 24.9% 17.6% 58.4%
Operating cash flow growth (1Y) 21.6% 28.6% 208.0%
Operating cash flow CAGR (3Y) 20.3% 14.7% -12.7%
Free cash flow growth (1Y) 43.6% 30.3% 100.3%
Free cash flow CAGR (3Y) 5.9% 15.7% -84.9%

Profitability

14 metrics
MetricCAEDSGXBA
Gross margin 27.5% 77.6% 9.4%
EBITDA margin 25.1% 42.1% 12.7%
Operating margin 15.4% 31.4% 10.3%
Pretax margin 10.9% 32.7% 8.3%
Net margin 6.9% 24.3% 7.7%
FCF margin 8.2% 38.4% 0.0%
Operating cash flow margin 15.9% 39.4% 4.2%
Return on equity 7.9% 11.4% 121.0%
Return on assets 7.6% – 4.6%
Return on invested capital 7.1% – 18.2%
Return on capital employed 25.3% – 17.9%
Asset turnover 0.9x – 0.6x
Cash conversion (OCF / net income) 2.6x 1.6x 0.5x
Stock comp / revenue 0.6% 3.5% 0.5%

Financial Health

11 metrics
MetricCAEDSGXBA
Debt / assets 27,956% – 26.9%
Debt / equity 0.6x – 7.0x
Net debt / EBITDA 3.0x – 2.1x
Debt / FCF 7.9x – 2,870x
Liabilities / assets -47,581% 15.9% 96.2%
Equity / assets 47,681% 84.1% 3.8%
Interest coverage 3.4x 168.0x 4.0x
Current ratio 0.8x 2.0x 1.1x
Quick ratio 0.2x 1.9x 0.3x
Cash ratio -0.2x 1.5x 0.2x
Altman Z-score – 16.63 1.47

Shareholder Returns

7 metrics
MetricCAEDSGXBA
Dividend yield – – –
Net buyback yield -0.6% 0.2% –
Shareholder yield -0.6% 0.2% 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCAEDSGXBA
Forward P/E 27.1xFY2026 42.0xFY2026 –
EPS, next fiscal year $0.95FY2026 $2.20FY2026 $-0.99FY2026
EPS growth, next FY +10.5%FY2026 +17.6%FY2026 -183.2%FY2026
EPS growth, the year after +5.3% +18.2% –
Revenue, next fiscal year $3.78BFY2026 $889.11MFY2026 $91.05BFY2026
Revenue growth, next FY +7.1%FY2026 +22.0%FY2026 +1.8%FY2026
Revenue growth, the year after -6.2% +1.6% +18.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCAEDSGXBA
Held by institutions 71.8% 82.0% 75.6%
Institutions holding 284 341 2,627
Change in shares held, QoQ +5.1% +3.7% +2.3%
Institutions buying 149 167 1,328
Institutions selling 96 139 843
Buyers to sellers 1.55 1.20 1.58

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CAEDSGXBA
CAE 1.00 0.16 0.37
DSGX 0.16 1.00 0.08
BA 0.37 0.08 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CAE, DSGX and BA?

Boeing (BA) is the largest by market capitalisation: Cae (CAE) $8.29B, Descartes Systems (DSGX) $7.95B, Boeing (BA) $132.43B.

Which stock is cheaper, CAE, DSGX and BA?

Boeing (BA) trades on the lowest price-to-earnings ratio (Cae (CAE) 34.5x, Descartes Systems (DSGX) 42.2x, Boeing (BA) 18.1x). On next year's consensus earnings, Cae (CAE) is cheapest (Cae (CAE) 27.1x, Descartes Systems (DSGX) 42.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Boeing (BA) grew revenue fastest over the trailing twelve months: Cae (CAE) +6.5%, Descartes Systems (DSGX) +13.2%, Boeing (BA) +17.5%.

Which company is more profitable?

Descartes Systems (DSGX) has the highest net margin (Cae (CAE) 6.9%, Descartes Systems (DSGX) 24.3%, Boeing (BA) 7.7%). On return on invested capital, Boeing (BA) leads (Cae (CAE) 7.1%, Boeing (BA) 18.2%).

Which stock has performed better?

Over the past year Descartes Systems (DSGX) returned the most: Cae (CAE) -10.1%, Descartes Systems (DSGX) -4.4%, Boeing (BA) -25.2%. Over five years, Descartes Systems (DSGX) compounded fastest (Cae (CAE) -3.2%/yr, Descartes Systems (DSGX) +2.5%/yr, Boeing (BA) -4.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Cae (CAE) has been the steadiest (Cae (CAE) 33.3%, Descartes Systems (DSGX) 41.4%, Boeing (BA) 36.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CAE, DSGX and BA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Boeing (BA) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.