CAE
CAE Inc.
CAE has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over CAE overall, supported by stronger fundamentals and stronger modeled upside.
CAE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Strong | |
| Stable |
CAE's cash flow is currently strong, and its revenue, profitability and balance sheet are stable.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
CAE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 27x | $17.24 | -39% |
| Fair | 34x | $21.68 | -23% |
| Current | 45x | $28.15 | — |
| Expensive | 54x | $34.18 | +21% |
Historical ranges are pointers, not guarantees.
CAE's PE is 45x, but its earnings don't support one, so it isn't a reliable read right now.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
CAE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect CAE's earnings to grow and its profitability to improve, with its revenue holding steady.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over CAE on the outlook, with more favorable revenue expectations.
CAE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.63 | -31% |
| Q1 2026 | $0.68 | -24% |
| Q4 2025 | $0.82 | +$1.33 |
| Q3 2025 | $0.96 | +$1.71 |
| Q2 2025 | $0.91 | +$1.66 |
| Q1 2025 | $0.89 | +$1.73 |
| Q4 2024 | -$0.51 | -206% |
| Q3 2024 | -$0.75 | -242% |
CAE has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
CAE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $824.9M | +6.8% |
| Q1 2026 | $935.1M | +4.3% |
| Q4 2025 | $880.3M | +2.3% |
| Q3 2025 | $869.4M | +8.8% |
| Q2 2025 | $772.4M | +2.4% |
| Q1 2025 | $896.7M | +13% |
| Q4 2024 | $860.1M | +12% |
| Q3 2024 | $799.1M | +8.2% |
CAE's revenue has grown year over year for 23 quarters in a row: $825M last quarter, up 6.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 6.2% | -6 points |
| Q1 2026 | 15% | -3.6 points |
| Q4 2025 | 16% | -5.8 points |
| Q3 2025 | 13% | +2.2 points |
| Q2 2025 | 12% | +2 points |
| Q1 2025 | 19% | +66 points |
| Q4 2024 | 21% | +10 points |
| Q3 2024 | 10% | +1.1 points |
CAE has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
CAE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $86.8M | +$188.4M |
| Q1 2026 | $113.8M | +9% |
| Q4 2025 | $242M | +11% |
| Q3 2025 | $70.8M | +25% |
| Q2 2025 | -$101.7M | -$52.9M |
| Q1 2025 | $104.4M | +54% |
| Q4 2024 | $217.7M | +205% |
| Q3 2024 | $56.7M | -5.9% |
CAE has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
CAE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -4.1% | -13.2M shares |
| 1 year | -3.5% | -11.1M shares |
| 3 years | -2.8% | -8.8M shares |
| 5 years | +4.8% | +14.2M shares |
| Available history | +18% | +46.4M shares |
CAE has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $27.4M |
| Q1 2026 | $2.2M |
| Q4 2025 | $1.1M |
| Q3 2025 | $1.2M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $6.7M |
CAE spent $32M buying back its own shares over the past year, about five times what it spent the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
CAE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 2.7x | Moderate |
| Q4 2025 | 2.6x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 2.8x | Moderate |
| Q1 2025 | 2.8x | Moderate |
| Q4 2024 | 3.6x | Elevated |
| Q3 2024 | 3.9x | Elevated |
CAE's net debt is about 2.8 years of its operating earnings (EBITDA), about the same as a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CAE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.0 | Neutral |
| Stochastic | 61.2 | Neutral |
CAE's weekly RSI is 62 (neutral) and its Stochastic is 61 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
CAE PE vs Industrials Sector
| Metric | CAE | Sector median | Relative |
|---|---|---|---|
| PE | 45x | 24x | 87% above |
| PE % | 77 | 58 | 19 pts above |
CAE is trading at 45x earnings, a 87% premium to the Industrials sector's median of 24x, though its earnings don't support one.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
CAE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.3 | 11% above |
| 20 week MA | $25.2 | 12% above |
| 50 week MA | $27.0 | 4.2% above |
| 100 week MA | $26.6 | 5.9% above |
| 200 week MA | $23.7 | 19% above |
CAE has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
CAE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $26.6 | $26.9 | +1.4% |
| 2021 | $26.9 | $25.3 | -5.9% |
| 2022 | $25.3 | $19.1 | -25% |
| 2023 | $19.1 | $21.6 | +13% |
| 2024 | $21.6 | $25.3 | +17% |
| 2025 | $25.3 | $31.4 | +24% |
| 2026 YTD | $31.4 | $28.2 | -10% |
CAE has finished higher in four of the last six years. It's down 10% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over CAE on returns for 2026, with the stronger performance.