CARDINAL ENERGY LTD (CJ.CA) Stock Fundamental Analysis
TSX:CJ • CA14150G4007
9.94 CAD
+0.02 (+0.2%)
Last: Feb 23, 2026, 07:00 PM
Overall CJ gets a fundamental rating of 4 out of 10. We evaluated CJ against 212 industry peers in the Oil, Gas & Consumable Fuels industry. While CJ belongs to the best of the industry regarding profitability, there are concerns on its financial health. CJ does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- CJ had positive earnings in the past year.
- CJ had a positive operating cash flow in the past year.
- CJ had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years CJ had a positive operating cash flow.
1.2 Ratios
- CJ's Return On Assets of 5.45% is amongst the best of the industry. CJ outperforms 86.32% of its industry peers.
- CJ has a better Return On Equity (8.59%) than 66.04% of its industry peers.
- The Return On Invested Capital of CJ (6.45%) is better than 82.55% 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 6.59%.
- The 3 year average ROIC (12.57%) for CJ is well above the current ROIC(6.45%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 8.59% | ||
| ROIC | 6.45% |
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
- CJ has a better Profit Margin (16.96%) than 80.19% of its industry peers.
- CJ's Profit Margin has declined in the last couple of years.
- CJ has a Operating Margin of 24.12%. This is amongst the best in the industry. CJ outperforms 80.19% of its industry peers.
- CJ's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.12% | ||
| PM (TTM) | 16.96% | ||
| 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CJ is creating some value.
- The number of shares outstanding for CJ has been increased compared to 1 year ago.
- Compared to 5 years ago, CJ has more shares outstanding
- The debt/assets ratio for CJ is higher compared to a year ago.
2.2 Solvency
- CJ has an Altman-Z score of 2.30. This is not the best score and indicates that CJ is in the grey zone with still only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.30, CJ is in the better half of the industry, outperforming 71.70% of the companies in the same industry.
- CJ has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
- With a decent Debt to Equity ratio value of 0.24, CJ is doing good in the industry, outperforming 63.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.3 |
ROIC/WACC0.8
WACC8.05%
2.3 Liquidity
- CJ has a Current Ratio of 0.48. This is a bad value and indicates that CJ is not financially healthy enough and could expect problems in meeting its short term obligations.
- CJ's Current ratio of 0.48 is on the low side compared to the rest of the industry. CJ is outperformed by 71.70% of its industry peers.
- CJ has a Quick Ratio of 0.48. This is a bad value and indicates that CJ is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.48, CJ is doing worse than 65.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
- CJ shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.36%.
- CJ shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -28.40% yearly.
- The Revenue has decreased by -9.30% in the past year.
- CJ shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.92% yearly.
EPS 1Y (TTM)-28.36%
EPS 3Y-28.4%
EPS 5YN/A
EPS Q2Q%-43.75%
Revenue 1Y (TTM)-9.3%
Revenue growth 3Y10.24%
Revenue growth 5Y8.92%
Sales Q2Q%-13.03%
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.
- CJ is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.91% yearly.
EPS Next Y-38%
EPS Next 2Y-22.9%
EPS Next 3Y-10.69%
EPS Next 5Y-16.93%
Revenue Next Year-14.17%
Revenue Next 2Y1.56%
Revenue Next 3Y-2.46%
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.
- 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
- The Price/Earnings ratio is 20.71, which indicates a rather expensive current valuation of CJ.
- Based on the Price/Earnings ratio, CJ is valued a bit cheaper than 65.09% of the companies in the same industry.
- CJ's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.98.
- Based on the Price/Forward Earnings ratio of 24.96, the valuation of CJ can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CJ is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.01, CJ is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.71 | ||
| Fwd PE | 24.96 |
4.2 Price Multiples
- CJ's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CJ is cheaper than 66.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.09 |
4.3 Compensation for Growth
- CJ has a very decent profitability rating, which may justify a higher PE ratio.
- CJ's earnings are expected to decrease with -10.69% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-22.9%
EPS Next 3Y-10.69%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 7.76%, CJ is a good candidate for dividend investing.
- CJ's Dividend Yield is rather good when compared to the industry average which is at 3.99. CJ pays more dividend than 97.17% of the companies in the same industry.
- CJ's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.76% |
5.2 History
- On average, the dividend of CJ grows each year by 36.23%, which is quite nice.
- 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
- CJ pays out 150.40% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of CJ has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP150.4%
EPS Next 2Y-22.9%
EPS Next 3Y-10.69%
TSX:CJ (2/23/2026, 7:00:00 PM)
9.94
+0.02 (+0.2%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-06 2025-11-06/amc
Earnings (Next)03-12 2026-03-12/amc
Inst Owners7.71%
Inst Owner ChangeN/A
Ins Owners20.77%
Ins Owner ChangeN/A
Market Cap1.72B
Revenue(TTM)451.27M
Net Income(TTM)76.53M
Analysts75.71
Price Target8.88 (-10.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.76% |
Yearly Dividend0.73
Dividend Growth(5Y)36.23%
DP150.4%
Div Incr Years2
Div Non Decr Years2
Ex-Date01-30 2026-01-30 (0.06)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)47.5%
Min EPS beat(2)45.63%
Max EPS beat(2)49.37%
EPS beat(4)2
Avg EPS beat(4)16.6%
Min EPS beat(4)-22.72%
Max EPS beat(4)49.37%
EPS beat(8)2
Avg EPS beat(8)-3.99%
EPS beat(12)3
Avg EPS beat(12)2.57%
EPS beat(16)6
Avg EPS beat(16)6.53%
Revenue beat(2)0
Avg Revenue beat(2)-13.15%
Min Revenue beat(2)-14.37%
Max Revenue beat(2)-11.93%
Revenue beat(4)0
Avg Revenue beat(4)-12.43%
Min Revenue beat(4)-20.5%
Max Revenue beat(4)-2.92%
Revenue beat(8)0
Avg Revenue beat(8)-13.17%
Revenue beat(12)0
Avg Revenue beat(12)-13.96%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.96%
PT rev (3m)6.09%
EPS NQ rev (1m)0%
EPS NQ rev (3m)33.33%
EPS NY rev (1m)0%
EPS NY rev (3m)9.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.71 | ||
| Fwd PE | 24.96 | ||
| P/S | 3.82 | ||
| P/FCF | N/A | ||
| P/OCF | 7.96 | ||
| P/B | 1.93 | ||
| P/tB | 1.93 | ||
| EV/EBITDA | 9.09 |
EPS(TTM)0.48
EY4.83%
EPS(NY)0.4
Fwd EY4.01%
FCF(TTM)-0.13
FCFYN/A
OCF(TTM)1.25
OCFY12.56%
SpS2.6
BVpS5.14
TBVpS5.14
PEG (NY)N/A
PEG (5Y)N/A
Graham Number7.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 8.59% | ||
| ROCE | 8.46% | ||
| ROIC | 6.45% | ||
| ROICexc | 6.45% | ||
| ROICexgc | 6.45% | ||
| OM | 24.12% | ||
| PM (TTM) | 16.96% | ||
| GM | N/A | ||
| FCFM | N/A |
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
ROICexgc growth 3Y6.09%
ROICexgc 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-Score4
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1 | ||
| Cap/Depr | 228.37% | ||
| Cap/Sales | 52.87% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 101.44% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 | ||
| Altman-Z | 2.3 |
F-Score4
WACC8.05%
ROIC/WACC0.8
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)-28.36%
EPS 3Y-28.4%
EPS 5YN/A
EPS Q2Q%-43.75%
EPS Next Y-38%
EPS Next 2Y-22.9%
EPS Next 3Y-10.69%
EPS Next 5Y-16.93%
Revenue 1Y (TTM)-9.3%
Revenue growth 3Y10.24%
Revenue growth 5Y8.92%
Sales Q2Q%-13.03%
Revenue Next Year-14.17%
Revenue Next 2Y1.56%
Revenue Next 3Y-2.46%
Revenue Next 5Y-0.91%
EBIT growth 1Y-26.37%
EBIT growth 3Y12.11%
EBIT growth 5Y28.89%
EBIT Next Year91.66%
EBIT Next 3Y36.62%
EBIT Next 5Y12.74%
FCF growth 1Y-121.04%
FCF growth 3Y-5.84%
FCF growth 5Y2.27%
OCF growth 1Y-5.76%
OCF growth 3Y25.54%
OCF growth 5Y15.58%
CARDINAL ENERGY LTD / CJ.CA FAQ
What is the ChartMill fundamental rating of CARDINAL ENERGY LTD (CJ.CA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CJ.CA.
What is the valuation status for CJ stock?
ChartMill assigns a valuation rating of 3 / 10 to CARDINAL ENERGY LTD (CJ.CA). This can be considered as Overvalued.
Can you provide the profitability details for CARDINAL ENERGY LTD?
CARDINAL ENERGY LTD (CJ.CA) has a profitability rating of 7 / 10.
Can you provide the expected EPS growth for CJ stock?
The Earnings per Share (EPS) of CARDINAL ENERGY LTD (CJ.CA) is expected to decline by -38% in the next year.
How sustainable is the dividend of CARDINAL ENERGY LTD (CJ.CA) stock?
The dividend rating of CARDINAL ENERGY LTD (CJ.CA) is 6 / 10 and the dividend payout ratio is 150.4%.