1 High-Growth TSX Stock to Buy Before It's Too Late - The Mo

1 High-Growth TSX Stock to Buy Before It's Too Late - The Motley Fool Canada


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CAE (NYSE:CAE)(TSX:CAE) is a global leader in training for the civil aviation, defense and security, and healthcare markets. Each year, the company trains more than 220,000 civil and defense crew members, including more than 136,000 pilots, and thousands of healthcare professionals worldwide. CAE helps define global training standards with the company’s virtual-to-live training solutions to make flying safer and maintain defense force readiness.
The company has a price-to-earnings ratio of 140.47, a price-to-book ratio of 3.51, and market capitalization of $8.45 billion. Debt is very sparingly used at CAE, as evidenced by a debt-to-equity ratio of just 1.11. The company has excellent performance metrics with an operating margin of 11.69% and a return on equity of 2.76%.

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