1409 ET - CAE's Flightscape business could be worth more on its own than inside CAE, Scotiabank analyst Konark Gupta says. In a report, the analyst estimates that the Flightscape, a high-growth aviation software business has a backlog of about C$700 million and estimated annual revenue of C$100 million-C$150 million. Gupta notes that similar aviation‑software companies have recently sold for far higher revenue multiples than CAE's current valuation. If Flightscape commands similar pricing, "we currently estimate a 100% sale could potentially be accretive to CAE by C$0.75 to C$2.50 per share." While Flightscape likely represents only a small share of CAE's revenue, Gupta cautions that limited disclosure around the unit makes it difficult to fully assess its value. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

May 11, 2026 14:09 ET (18:09 GMT)

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