CARGOJET INC (CJT.CA) Stock Fundamental Analysis
TSX:CJT - Toronto Stock Exchange - CA14179V5036 - Common Stock - Currency: CAD
CJT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 3 industry peers in the Air Freight & Logistics industry. CJT has an excellent profitability rating, but there are concerns on its financial health. CJT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
CJT had positive earnings in the past year.
In the past year CJT had a positive cash flow from operations.
Of the past 5 years CJT 4 years were profitable.
In the past 5 years CJT always reported a positive cash flow from operatings.
1.2 Ratios
CJT has a better Return On Assets (6.23%) than 100.00% of its industry peers.
CJT has a Return On Equity of 15.88%. This is amongst the best in the industry. CJT outperforms 100.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.66%, CJT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
CJT had an Average Return On Invested Capital over the past 3 years of 5.10%. This is in line with the industry average of 4.82%.
The 3 year average ROIC (5.10%) for CJT is below the current ROIC(5.66%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.23% | ||
| ROE | 15.88% | ||
| ROIC | 5.66% |
ROA(3y)5.69%
ROA(5y)4.22%
ROE(3y)14.12%
ROE(5y)3.4%
ROIC(3y)5.1%
ROIC(5y)7.09%
1.3 Margins
The Profit Margin of CJT (12.15%) is better than 100.00% of its industry peers.
CJT's Profit Margin has improved in the last couple of years.
CJT has a Operating Margin of 13.36%. This is amongst the best in the industry. CJT outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of CJT has remained more or less at the same level.
Looking at the Gross Margin, with a value of 22.94%, CJT is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
CJT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.36% | ||
| PM (TTM) | 12.15% | ||
| GM | 22.94% |
OM growth 3Y-17.44%
OM growth 5Y0.86%
PM growth 3Y-21.15%
PM growth 5Y35.36%
GM growth 3Y-9.53%
GM growth 5Y-1.63%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CJT is destroying value.
Compared to 1 year ago, CJT has less shares outstanding
The number of shares outstanding for CJT has been increased compared to 5 years ago.
CJT has about the same debt/assets ratio as last year.
2.2 Solvency
CJT has an Altman-Z score of 1.59. This is a bad value and indicates that CJT is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.59, CJT is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
CJT has a Debt/Equity ratio of 1.03. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.03, CJT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.59 |
ROIC/WACC0.85
WACC6.66%
2.3 Liquidity
A Current Ratio of 0.66 indicates that CJT may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.66, CJT is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
A Quick Ratio of 0.65 indicates that CJT may have some problems paying its short term obligations.
CJT has a Quick ratio of 0.65. This is in the better half of the industry: CJT outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 68.79% over the past year.
The Earnings Per Share has been growing by 43.91% on average over the past years. This is a very strong growth
The Revenue has grown by 16.28% in the past year. This is quite good.
The Revenue has been growing by 15.51% on average over the past years. This is quite good.
EPS 1Y (TTM)68.79%
EPS 3Y-5.21%
EPS 5Y43.91%
EPS Q2Q%-12.9%
Revenue 1Y (TTM)16.28%
Revenue growth 3Y9.71%
Revenue growth 5Y15.51%
Sales Q2Q%8.09%
3.2 Future
The Earnings Per Share is expected to grow by 13.02% on average over the next years. This is quite good.
Based on estimates for the next years, CJT will show a small growth in Revenue. The Revenue will grow by 6.37% on average per year.
EPS Next Y13.24%
EPS Next 2Y14.14%
EPS Next 3Y13.02%
EPS Next 5YN/A
Revenue Next Year8.32%
Revenue Next 2Y7.09%
Revenue Next 3Y5.22%
Revenue Next 5Y6.37%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 20.32 indicates a rather expensive valuation of CJT.
Based on the Price/Earnings ratio, CJT is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.59, CJT is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 14.85, the valuation of CJT can be described as correct.
Based on the Price/Forward Earnings ratio, CJT is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.39. CJT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.32 | ||
| Fwd PE | 14.85 |
4.2 Price Multiples
CJT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CJT is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.82 |
4.3 Compensation for Growth
CJT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of CJT may justify a higher PE ratio.
CJT's earnings are expected to grow with 13.02% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.53
PEG (5Y)0.46
EPS Next 2Y14.14%
EPS Next 3Y13.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.49%, CJT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.87, CJT is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.39, CJT is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
5.2 History
On average, the dividend of CJT grows each year by 13.92%, which is quite nice.
CJT has paid a dividend for at least 10 years, which is a reliable track record.
CJT has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)13.92%
Div Incr Years4
Div Non Decr Years15
5.3 Sustainability
17.27% of the earnings are spent on dividend by CJT. This is a low number and sustainable payout ratio.
The dividend of CJT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP17.27%
EPS Next 2Y14.14%
EPS Next 3Y13.02%
TSX:CJT (6/10/2025, 7:00:00 PM)
96.71
+0.49 (+0.51%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners47.63%
Inst Owner ChangeN/A
Ins Owners0.88%
Ins Owner ChangeN/A
Market Cap1.53B
Analysts78.67
Price Target146.14 (51.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
Yearly Dividend1.64
Dividend Growth(5Y)13.92%
DP17.27%
Div Incr Years4
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)26.43%
Min EPS beat(2)4.35%
Max EPS beat(2)48.51%
EPS beat(4)3
Avg EPS beat(4)-7.95%
Min EPS beat(4)-105.11%
Max EPS beat(4)48.51%
EPS beat(8)4
Avg EPS beat(8)-5.71%
EPS beat(12)6
Avg EPS beat(12)44.21%
EPS beat(16)7
Avg EPS beat(16)7.39%
Revenue beat(2)1
Avg Revenue beat(2)0.79%
Min Revenue beat(2)-4.34%
Max Revenue beat(2)5.91%
Revenue beat(4)1
Avg Revenue beat(4)-0.75%
Min Revenue beat(4)-4.34%
Max Revenue beat(4)5.91%
Revenue beat(8)1
Avg Revenue beat(8)-3.66%
Revenue beat(12)3
Avg Revenue beat(12)-2.4%
Revenue beat(16)7
Avg Revenue beat(16)0.16%
PT rev (1m)-3.9%
PT rev (3m)-8.95%
EPS NQ rev (1m)4%
EPS NQ rev (3m)-17.89%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.83%
Revenue NQ rev (1m)-0.46%
Revenue NQ rev (3m)-1.99%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.32 | ||
| Fwd PE | 14.85 | ||
| P/S | 1.5 | ||
| P/FCF | N/A | ||
| P/OCF | 4.9 | ||
| P/B | 1.97 | ||
| P/tB | 2.1 | ||
| EV/EBITDA | 7.82 |
EPS(TTM)4.76
EY4.92%
EPS(NY)6.51
Fwd EY6.74%
FCF(TTM)-2.26
FCFYN/A
OCF(TTM)19.74
OCFY20.41%
SpS64.28
BVpS49.2
TBVpS46.03
PEG (NY)1.53
PEG (5Y)0.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.23% | ||
| ROE | 15.88% | ||
| ROCE | 7.51% | ||
| ROIC | 5.66% | ||
| ROICexc | 5.69% | ||
| ROICexgc | 5.85% | ||
| OM | 13.36% | ||
| PM (TTM) | 12.15% | ||
| GM | 22.94% | ||
| FCFM | N/A |
ROA(3y)5.69%
ROA(5y)4.22%
ROE(3y)14.12%
ROE(5y)3.4%
ROIC(3y)5.1%
ROIC(5y)7.09%
ROICexc(3y)5.12%
ROICexc(5y)7.25%
ROICexgc(3y)5.27%
ROICexgc(5y)7.53%
ROCE(3y)6.76%
ROCE(5y)9.4%
ROICexcg growth 3Y-17.93%
ROICexcg growth 5Y3.59%
ROICexc growth 3Y-17.66%
ROICexc growth 5Y4.07%
OM growth 3Y-17.44%
OM growth 5Y0.86%
PM growth 3Y-21.15%
PM growth 5Y35.36%
GM growth 3Y-9.53%
GM growth 5Y-1.63%
F-Score7
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.68 | ||
| Cap/Depr | 211% | ||
| Cap/Sales | 34.23% | ||
| Interest Coverage | 3.1 | ||
| Cash Conversion | 103.81% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 1.59 |
F-Score7
WACC6.66%
ROIC/WACC0.85
Cap/Depr(3y)231.93%
Cap/Depr(5y)210.92%
Cap/Sales(3y)39.25%
Cap/Sales(5y)35.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)68.79%
EPS 3Y-5.21%
EPS 5Y43.91%
EPS Q2Q%-12.9%
EPS Next Y13.24%
EPS Next 2Y14.14%
EPS Next 3Y13.02%
EPS Next 5YN/A
Revenue 1Y (TTM)16.28%
Revenue growth 3Y9.71%
Revenue growth 5Y15.51%
Sales Q2Q%8.09%
Revenue Next Year8.32%
Revenue Next 2Y7.09%
Revenue Next 3Y5.22%
Revenue Next 5Y6.37%
EBIT growth 1Y116.53%
EBIT growth 3Y-9.42%
EBIT growth 5Y16.5%
EBIT Next Year131.64%
EBIT Next 3Y35.54%
EBIT Next 5Y28.01%
FCF growth 1Y87.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y25.29%
OCF growth 3Y10.28%
OCF growth 5Y16.83%