CARGOJET INC (CJT-DB-F.CA) Stock Fundamental Analysis
TSX:CJT-DB-F - Toronto Stock Exchange - CA14179VAH02 - Currency: CAD
Taking everything into account, CJT-DB-F scores 5 out of 10 in our fundamental rating. CJT-DB-F was compared to 3 industry peers in the Air Freight & Logistics industry. There are concerns on the financial health of CJT-DB-F while its profitability can be described as average. CJT-DB-F has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CJT-DB-F was profitable.
CJT-DB-F had a positive operating cash flow in the past year.
CJT-DB-F had positive earnings in 4 of the past 5 years.
In the past 5 years CJT-DB-F always reported a positive cash flow from operatings.
1.2 Ratios
CJT-DB-F's Return On Assets of 5.63% is fine compared to the rest of the industry. CJT-DB-F outperforms 66.67% of its industry peers.
CJT-DB-F has a Return On Equity of 14.69%. This is in the better half of the industry: CJT-DB-F outperforms 66.67% of its industry peers.
With a decent Return On Invested Capital value of 5.51%, CJT-DB-F is doing good in the industry, outperforming 66.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CJT-DB-F is in line with the industry average of 4.54%.
The 3 year average ROIC (5.10%) for CJT-DB-F is below the current ROIC(5.51%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.63% | ||
| ROE | 14.69% | ||
| ROIC | 5.51% |
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
CJT-DB-F has a better Profit Margin (10.83%) than 66.67% of its industry peers.
CJT-DB-F's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 12.61%, CJT-DB-F is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of CJT-DB-F has remained more or less at the same level.
CJT-DB-F has a worse Gross Margin (22.56%) than 66.67% of its industry peers.
CJT-DB-F's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.61% | ||
| PM (TTM) | 10.83% | ||
| GM | 22.56% |
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-DB-F is destroying value.
CJT-DB-F has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CJT-DB-F has been increased compared to 5 years ago.
CJT-DB-F has about the same debt/assets ratio as last year.
2.2 Solvency
Based on the Altman-Z score of 1.59, we must say that CJT-DB-F is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 1.59, CJT-DB-F is doing good in the industry, outperforming 66.67% of the companies in the same industry.
The Debt to FCF ratio of CJT-DB-F is 9.61, which is on the high side as it means it would take CJT-DB-F, 9.61 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CJT-DB-F (9.61) is better than 66.67% of its industry peers.
CJT-DB-F has a Debt/Equity ratio of 0.98. This is a neutral value indicating CJT-DB-F is somewhat dependend on debt financing.
CJT-DB-F's Debt to Equity ratio of 0.98 is fine compared to the rest of the industry. CJT-DB-F outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 9.61 | ||
| Altman-Z | 1.59 |
ROIC/WACC0.81
WACC6.81%
2.3 Liquidity
CJT-DB-F has a Current Ratio of 0.58. This is a bad value and indicates that CJT-DB-F is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.58, CJT-DB-F is doing worse than 66.67% of the companies in the same industry.
CJT-DB-F has a Quick Ratio of 0.58. This is a bad value and indicates that CJT-DB-F is not financially healthy enough and could expect problems in meeting its short term obligations.
CJT-DB-F's Quick ratio of 0.57 is on the low side compared to the rest of the industry. CJT-DB-F is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
CJT-DB-F shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 336.01%, which is quite impressive.
CJT-DB-F shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 51.08% yearly.
CJT-DB-F shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.05%.
CJT-DB-F shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.51% yearly.
EPS 1Y (TTM)336.01%
EPS 3Y-11.06%
EPS 5Y51.08%
EPS Q2Q%324.93%
Revenue 1Y (TTM)14.05%
Revenue growth 3Y9.71%
Revenue growth 5Y15.51%
Sales Q2Q%32.13%
3.2 Future
Based on estimates for the next years, CJT-DB-F will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.20% on average per year.
The Revenue is expected to grow by 6.22% on average over the next years.
EPS Next Y24.43%
EPS Next 2Y18.05%
EPS Next 3Y12.2%
EPS Next 5YN/A
Revenue Next Year11.96%
Revenue Next 2Y8.17%
Revenue Next 3Y6.22%
Revenue Next 5YN/A
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
Based on the Price/Earnings ratio of 15.78, the valuation of CJT-DB-F can be described as correct.
Based on the Price/Earnings ratio, CJT-DB-F is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
CJT-DB-F is valuated rather cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 16.72, which indicates a correct valuation of CJT-DB-F.
66.67% of the companies in the same industry are cheaper than CJT-DB-F, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CJT-DB-F to the average of the S&P500 Index (22.10), we can say CJT-DB-F is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.78 | ||
| Fwd PE | 16.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CJT-DB-F is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CJT-DB-F indicates a somewhat cheap valuation: CJT-DB-F is cheaper than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.29 | ||
| EV/EBITDA | 7.98 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of CJT-DB-F may justify a higher PE ratio.
A more expensive valuation may be justified as CJT-DB-F's earnings are expected to grow with 12.20% in the coming years.
PEG (NY)0.65
PEG (5Y)0.31
EPS Next 2Y18.05%
EPS Next 3Y12.2%
5. Dividend
5.1 Amount
CJT-DB-F has a Yearly Dividend Yield of 1.52%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.92, CJT-DB-F pays a bit more dividend than its industry peers.
CJT-DB-F's Dividend Yield is slightly below the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.52% |
5.2 History
On average, the dividend of CJT-DB-F grows each year by 13.92%, which is quite nice.
CJT-DB-F is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)13.92%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
24.63% of the earnings are spent on dividend by CJT-DB-F. This is a low number and sustainable payout ratio.
CJT-DB-F's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP24.63%
EPS Next 2Y18.05%
EPS Next 3Y12.2%
TSX:CJT-DB-F (3/6/2025, 7:00:00 PM)
100.55
+0.05 (+0.05%)
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 Cap1.59B
Analysts77.14
Price Target164.77 (63.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.52% |
Yearly Dividend1.64
Dividend Growth(5Y)13.92%
DP24.63%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.98%
Min Revenue beat(2)-1.95%
Max Revenue beat(2)5.91%
Revenue beat(4)1
Avg Revenue beat(4)0.01%
Min Revenue beat(4)-2.62%
Max Revenue beat(4)5.91%
Revenue beat(8)1
Avg Revenue beat(8)-3.47%
Revenue beat(12)4
Avg Revenue beat(12)-1.11%
Revenue beat(16)8
Avg Revenue beat(16)0.78%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.78 | ||
| Fwd PE | 16.72 | ||
| P/S | 1.59 | ||
| P/FCF | 20.29 | ||
| P/OCF | 4.85 | ||
| P/B | 2.16 | ||
| P/tB | 2.32 | ||
| EV/EBITDA | 7.98 |
EPS(TTM)6.37
EY6.34%
EPS(NY)6.01
Fwd EY5.98%
FCF(TTM)4.96
FCFY4.93%
OCF(TTM)20.72
OCFY20.61%
SpS63.1
BVpS46.51
TBVpS43.34
PEG (NY)0.65
PEG (5Y)0.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.63% | ||
| ROE | 14.69% | ||
| ROCE | 7.3% | ||
| ROIC | 5.51% | ||
| ROICexc | 5.51% | ||
| ROICexgc | 5.68% | ||
| OM | 12.61% | ||
| PM (TTM) | 10.83% | ||
| GM | 22.56% | ||
| FCFM | 7.85% |
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-Score8
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 9.61 | ||
| Debt/EBITDA | 2.45 | ||
| Cap/Depr | 148.72% | ||
| Cap/Sales | 24.98% | ||
| Interest Coverage | 2.71 | ||
| Cash Conversion | 111.66% | ||
| Profit Quality | 72.51% | ||
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 1.59 |
F-Score8
WACC6.81%
ROIC/WACC0.81
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)336.01%
EPS 3Y-11.06%
EPS 5Y51.08%
EPS Q2Q%324.93%
EPS Next Y24.43%
EPS Next 2Y18.05%
EPS Next 3Y12.2%
EPS Next 5YN/A
Revenue 1Y (TTM)14.05%
Revenue growth 3Y9.71%
Revenue growth 5Y15.51%
Sales Q2Q%32.13%
Revenue Next Year11.96%
Revenue Next 2Y8.17%
Revenue Next 3Y6.22%
Revenue Next 5YN/A
EBIT growth 1Y95.36%
EBIT growth 3Y-9.42%
EBIT growth 5Y16.5%
EBIT Next Year133.26%
EBIT Next 3Y35.54%
EBIT Next 5YN/A
FCF growth 1Y206.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y70.44%
OCF growth 3Y10.28%
OCF growth 5Y16.83%