CARDINAL ENERGY LTD (CJ.CA) Stock Fundamental Analysis
TSX:CJ - Toronto Stock Exchange - CA14150G4007 - Common Stock - Currency: CAD
Overall CJ gets a fundamental rating of 5 out of 10. We evaluated CJ against 209 industry peers in the Oil, Gas & Consumable Fuels industry. While CJ belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CJ is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CJ was profitable.
CJ had a positive operating cash flow in the past year.
CJ had positive earnings in 4 of the past 5 years.
In the past 5 years CJ always reported a positive cash flow from operatings.
1.2 Ratios
CJ has a Return On Assets of 8.34%. This is amongst the best in the industry. CJ outperforms 89.00% of its industry peers.
Looking at the Return On Equity, with a value of 12.36%, CJ belongs to the top of the industry, outperforming 82.78% of the companies in the same industry.
The Return On Invested Capital of CJ (9.95%) is better than 90.43% of its industry peers.
CJ had an Average Return On Invested Capital over the past 3 years of 12.57%. This is significantly above the industry average of 7.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.34% | ||
| ROE | 12.36% | ||
| ROIC | 9.95% |
ROA(3y)14.43%
ROA(5y)4.25%
ROE(3y)18.59%
ROE(5y)-0.42%
ROIC(3y)12.57%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 22.39%, CJ belongs to the top of the industry, outperforming 85.65% of the companies in the same industry.
In the last couple of years the Profit Margin of CJ has declined.
The Operating Margin of CJ (30.88%) is better than 81.34% of its industry peers.
In the last couple of years the Operating Margin of CJ has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.88% | ||
| PM (TTM) | 22.39% | ||
| GM | N/A |
OM growth 3Y1.7%
OM growth 5Y18.33%
PM growth 3Y-34.24%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CJ has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CJ has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CJ has been increased compared to 5 years ago.
CJ has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.85 indicates that CJ is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.85, CJ is in the better half of the industry, outperforming 67.94% of the companies in the same industry.
CJ has a debt to FCF ratio of 2.24. This is a good value and a sign of high solvency as CJ would need 2.24 years to pay back of all of its debts.
CJ has a Debt to FCF ratio of 2.24. This is amongst the best in the industry. CJ outperforms 84.21% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that CJ is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.12, CJ is doing good in the industry, outperforming 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 2.24 | ||
| Altman-Z | 1.85 |
ROIC/WACC1.21
WACC8.24%
2.3 Liquidity
A Current Ratio of 0.40 indicates that CJ may have some problems paying its short term obligations.
With a Current ratio value of 0.40, CJ is not doing good in the industry: 79.43% of the companies in the same industry are doing better.
CJ has a Quick Ratio of 0.40. This is a bad value and indicates that CJ is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CJ (0.40) is worse than 77.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
CJ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.11%, which is quite good.
Measured over the past years, CJ shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -28.40% on average per year.
CJ shows a small growth in Revenue. In the last year, the Revenue has grown by 3.80%.
Measured over the past years, CJ shows a quite strong growth in Revenue. The Revenue has been growing by 8.92% on average per year.
EPS 1Y (TTM)11.11%
EPS 3Y-28.4%
EPS 5YN/A
EPS Q2Q%30%
Revenue 1Y (TTM)3.8%
Revenue growth 3Y10.24%
Revenue growth 5Y8.92%
Sales Q2Q%2.9%
3.2 Future
Based on estimates for the next years, CJ will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.93% on average per year.
Based on estimates for the next years, CJ will show a decrease in Revenue. The Revenue will decrease by -0.91% on average per year.
EPS Next Y-12.37%
EPS Next 2Y0.73%
EPS Next 3Y9.54%
EPS Next 5Y-16.93%
Revenue Next Year-4.96%
Revenue Next 2Y-3.66%
Revenue Next 3Y-2.28%
Revenue Next 5Y-0.91%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.14, the valuation of CJ can be described as reasonable.
CJ's Price/Earnings ratio is a bit cheaper when compared to the industry. CJ is cheaper than 70.81% of the companies in the same industry.
CJ is valuated cheaply when we compare the Price/Earnings ratio to 26.53, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 9.41, the valuation of CJ can be described as reasonable.
Based on the Price/Forward Earnings ratio, CJ is valued a bit cheaper than the industry average as 63.16% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CJ to the average of the S&P500 Index (22.27), we can say CJ is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.14 | ||
| Fwd PE | 9.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CJ is valued cheaper than 84.69% of the companies in the same industry.
CJ's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CJ is cheaper than 62.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.59 | ||
| EV/EBITDA | 4.36 |
4.3 Compensation for Growth
The decent profitability rating of CJ may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.73%
EPS Next 3Y9.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.41%, CJ is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.54, CJ pays a better dividend. On top of this CJ pays more dividend than 98.09% of the companies listed in the same industry.
CJ's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.41% |
5.2 History
The dividend of CJ is nicely growing with an annual growth rate of 36.23%!
CJ has been paying a dividend for at least 10 years, so it has a reliable track record.
CJ has decreased its dividend in the last 3 years.
Dividend Growth(5Y)36.23%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
102.29% of the earnings are spent on dividend by CJ. This is not a sustainable payout ratio.
CJ's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP102.29%
EPS Next 2Y0.73%
EPS Next 3Y9.54%
TSX:CJ (6/6/2025, 7:00:00 PM)
6.4
+0.09 (+1.43%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners6.81%
Inst Owner ChangeN/A
Ins Owners20.81%
Ins Owner ChangeN/A
Market Cap1.03B
Analysts78.46
Price Target7.04 (10%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.41% |
Yearly Dividend0.73
Dividend Growth(5Y)36.23%
DP102.29%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-14.29%
Min EPS beat(2)-22.72%
Max EPS beat(2)-5.85%
EPS beat(4)0
Avg EPS beat(4)-16.71%
Min EPS beat(4)-30.44%
Max EPS beat(4)-5.85%
EPS beat(8)0
Avg EPS beat(8)-22.45%
EPS beat(12)2
Avg EPS beat(12)-4.12%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-11.71%
Min Revenue beat(2)-20.5%
Max Revenue beat(2)-2.92%
Revenue beat(4)0
Avg Revenue beat(4)-13.65%
Min Revenue beat(4)-31%
Max Revenue beat(4)-0.17%
Revenue beat(8)0
Avg Revenue beat(8)-13.01%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.17%
PT rev (3m)-6.76%
EPS NQ rev (1m)-64.29%
EPS NQ rev (3m)-54.55%
EPS NY rev (1m)0%
EPS NY rev (3m)1.18%
Revenue NQ rev (1m)-15.57%
Revenue NQ rev (3m)-10.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.14 | ||
| Fwd PE | 9.41 | ||
| P/S | 2.04 | ||
| P/FCF | 20.59 | ||
| P/OCF | 3.78 | ||
| P/B | 1.13 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | 4.36 |
EPS(TTM)0.7
EY10.94%
EPS(NY)0.68
Fwd EY10.62%
FCF(TTM)0.31
FCFY4.86%
OCF(TTM)1.69
OCFY26.45%
SpS3.14
BVpS5.68
TBVpS5.68
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.34% | ||
| ROE | 12.36% | ||
| ROCE | 13.04% | ||
| ROIC | 9.95% | ||
| ROICexc | 9.95% | ||
| ROICexgc | 9.95% | ||
| OM | 30.88% | ||
| PM (TTM) | 22.39% | ||
| GM | N/A | ||
| FCFM | 9.91% |
ROA(3y)14.43%
ROA(5y)4.25%
ROE(3y)18.59%
ROE(5y)-0.42%
ROIC(3y)12.57%
ROIC(5y)N/A
ROICexc(3y)12.57%
ROICexc(5y)N/A
ROICexgc(3y)12.57%
ROICexgc(5y)N/A
ROCE(3y)16.48%
ROCE(5y)N/A
ROICexcg growth 3Y6.09%
ROICexcg growth 5Y25.47%
ROICexc growth 3Y6.09%
ROICexc growth 5Y25.47%
OM growth 3Y1.7%
OM growth 5Y18.33%
PM growth 3Y-34.24%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 2.24 | ||
| Debt/EBITDA | 0.42 | ||
| Cap/Depr | 209.8% | ||
| Cap/Sales | 44.07% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.05% | ||
| Profit Quality | 44.28% | ||
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z | 1.85 |
F-Score5
WACC8.24%
ROIC/WACC1.21
Cap/Depr(3y)141.49%
Cap/Depr(5y)107.54%
Cap/Sales(3y)28.5%
Cap/Sales(5y)23.08%
Profit Quality(3y)73.68%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.11%
EPS 3Y-28.4%
EPS 5YN/A
EPS Q2Q%30%
EPS Next Y-12.37%
EPS Next 2Y0.73%
EPS Next 3Y9.54%
EPS Next 5Y-16.93%
Revenue 1Y (TTM)3.8%
Revenue growth 3Y10.24%
Revenue growth 5Y8.92%
Sales Q2Q%2.9%
Revenue Next Year-4.96%
Revenue Next 2Y-3.66%
Revenue Next 3Y-2.28%
Revenue Next 5Y-0.91%
EBIT growth 1Y11.09%
EBIT growth 3Y12.11%
EBIT growth 5Y28.89%
EBIT Next Year113.34%
EBIT Next 3Y44.95%
EBIT Next 5Y12.74%
FCF growth 1Y-77.15%
FCF growth 3Y-5.84%
FCF growth 5Y2.27%
OCF growth 1Y-17.02%
OCF growth 3Y25.54%
OCF growth 5Y15.58%