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. There are concerns on the financial health of CJT while its profitability can be described as average. CJT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year CJT was profitable.
CJT had a positive operating cash flow in the past year.
CJT had positive earnings in 4 of the past 5 years.
In the past 5 years CJT always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 6.23%, CJT is doing good in the industry, outperforming 66.67% of the companies in the same industry.
CJT has a better Return On Equity (15.88%) than 66.67% of its industry peers.
CJT's Return On Invested Capital of 5.66% is fine compared to the rest of the industry. CJT outperforms 66.67% of its industry peers.
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 last Return On Invested Capital (5.66%) for CJT is above the 3 year average (5.10%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 12.15%, CJT is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
CJT's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 13.36%, CJT is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
CJT's Operating Margin has been stable in the last couple of years.
The Gross Margin of CJT (22.94%) is worse than 66.67% of its industry peers.
In the last couple of years the Gross Margin of CJT has declined.
| 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
CJT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for CJT has been reduced compared to 1 year ago.
Compared to 5 years ago, CJT has more shares outstanding
The debt/assets ratio for CJT has remained at the same level compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.58, we must say that CJT is in the distress zone and has some risk of bankruptcy.
CJT has a Altman-Z score of 1.58. This is in the better half of the industry: CJT outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 1.03 is on the high side and indicates that CJT has dependencies on debt financing.
CJT has a better Debt to Equity ratio (1.03) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.58 |
ROIC/WACC0.83
WACC6.79%
2.3 Liquidity
A Current Ratio of 0.66 indicates that CJT may have some problems paying its short term obligations.
CJT has a Current ratio of 0.66. This is in the lower half of the industry: CJT underperforms 66.67% of its industry peers.
A Quick Ratio of 0.65 indicates that CJT may have some problems paying its short term obligations.
CJT has a worse Quick ratio (0.65) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
CJT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 68.79%, which is quite impressive.
The Earnings Per Share has been growing by 43.91% on average over the past years. This is a very strong growth
CJT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.28%.
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.
The Revenue is expected to grow by 6.37% on average over the next years.
EPS Next Y13.24%
EPS Next 2Y14.14%
EPS Next 3Y13.02%
EPS Next 5YN/A
Revenue Next Year6.91%
Revenue Next 2Y6.24%
Revenue Next 3Y5.04%
Revenue Next 5Y6.37%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
With a Price/Earnings ratio of 21.10, CJT is valued on the expensive side.
66.67% of the companies in the same industry are more expensive than CJT, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.41, CJT is valued a bit cheaper.
CJT is valuated correctly with a Price/Forward Earnings ratio of 15.42.
Based on the Price/Forward Earnings ratio, CJT is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
CJT is valuated cheaply when we compare the Price/Forward Earnings ratio to 33.87, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.1 | ||
| Fwd PE | 15.42 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CJT is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.79 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CJT has a very decent profitability rating, which 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)1.59
PEG (5Y)0.48
EPS Next 2Y14.14%
EPS Next 3Y13.02%
5. Dividend
5.1 Amount
CJT has a Yearly Dividend Yield of 1.42%.
Compared to an average industry Dividend Yield of 1.86, CJT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, CJT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
5.2 History
The dividend of CJT is nicely growing with an annual growth rate of 13.92%!
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 (8/11/2025, 7:00:00 PM)
100.44
-1.57 (-1.54%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners48.36%
Inst Owner ChangeN/A
Ins Owners2.06%
Ins Owner ChangeN/A
Market Cap1.52B
Analysts78.75
Price Target143.14 (42.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
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)-1%
PT rev (3m)-2.05%
EPS NQ rev (1m)-3.35%
EPS NQ rev (3m)-2.76%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.63%
Revenue NQ rev (3m)-1.28%
Revenue NY rev (1m)-1.3%
Revenue NY rev (3m)-1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.1 | ||
| Fwd PE | 15.42 | ||
| P/S | 1.49 | ||
| P/FCF | N/A | ||
| P/OCF | 4.84 | ||
| P/B | 1.94 | ||
| P/tB | 2.08 | ||
| EV/EBITDA | 7.79 |
EPS(TTM)4.76
EY4.74%
EPS(NY)6.51
Fwd EY6.49%
FCF(TTM)-2.38
FCFYN/A
OCF(TTM)20.75
OCFY20.66%
SpS67.56
BVpS51.71
TBVpS48.38
PEG (NY)1.59
PEG (5Y)0.48
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 | 1.58 |
F-Score7
WACC6.79%
ROIC/WACC0.83
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 Year6.91%
Revenue Next 2Y6.24%
Revenue Next 3Y5.04%
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%