CARGOJET INC (CJT.CA) Stock Fundamental Analysis
TSX:CJT - Toronto Stock Exchange - CA14179V5036 - Common Stock - Currency: CAD
Overall CJT gets a fundamental rating of 5 out of 10. We evaluated CJT 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
CJT had positive earnings in the past year.
In the past year CJT had a positive cash flow from operations.
CJT had positive earnings in 4 of the past 5 years.
CJT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of CJT (6.23%) is better than 66.67% of its industry peers.
The Return On Equity of CJT (15.88%) is better than 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.66%, CJT is in the better half of 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 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
CJT has a Profit Margin of 12.15%. This is in the better half of the industry: CJT outperforms 66.67% of its industry peers.
In the last couple of years the Profit Margin of CJT has grown nicely.
CJT's Operating Margin of 13.36% is fine compared to the rest of the industry. CJT outperforms 66.67% of its industry peers.
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.
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
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.
CJT has more shares outstanding than it did 5 years ago.
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 1.63, we must say that CJT is in the distress zone and has some risk of bankruptcy.
CJT's Altman-Z score of 1.63 is fine compared to the rest 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 | 1.63 |
ROIC/WACC0.84
WACC6.78%
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.
CJT has a Quick Ratio of 0.66. This is a bad value and indicates that CJT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CJT (0.65) is worse 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.
CJT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 43.91% yearly.
CJT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.28%.
Measured over the past years, CJT shows a quite strong growth in Revenue. The Revenue has been growing by 15.51% on average per year.
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.
CJT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.37% yearly.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
CJT is valuated rather expensively with a Price/Earnings ratio of 21.54.
Compared to the rest of the industry, the Price/Earnings ratio of CJT indicates a somewhat cheap valuation: CJT is cheaper than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.41, CJT is valued a bit cheaper.
The Price/Forward Earnings ratio is 15.74, which indicates a correct valuation of CJT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CJT indicates a slightly more expensive valuation: CJT is more expensive than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.19, CJT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.54 | ||
| Fwd PE | 15.74 |
4.2 Price Multiples
CJT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CJT is cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.13 |
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 decent 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)1.63
PEG (5Y)0.49
EPS Next 2Y14.14%
EPS Next 3Y13.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.34%, CJT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.81, CJT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, CJT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)13.92%
Div Incr Years4
Div Non Decr Years15
5.3 Sustainability
CJT pays out 17.27% of its income as dividend. This is a 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 (7/11/2025, 7:00:00 PM)
102.55
-1.54 (-1.48%)
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 Cap1.62B
Analysts78.75
Price Target144.59 (40.99%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
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)-1.06%
PT rev (3m)-9.57%
EPS NQ rev (1m)-3.26%
EPS NQ rev (3m)3.67%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.46%
Revenue NQ rev (1m)-0.2%
Revenue NQ rev (3m)-5.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.54 | ||
| Fwd PE | 15.74 | ||
| P/S | 1.59 | ||
| P/FCF | N/A | ||
| P/OCF | 5.17 | ||
| P/B | 2.08 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 8.13 |
EPS(TTM)4.76
EY4.64%
EPS(NY)6.51
Fwd EY6.35%
FCF(TTM)-2.27
FCFYN/A
OCF(TTM)19.83
OCFY19.34%
SpS64.57
BVpS49.42
TBVpS46.23
PEG (NY)1.63
PEG (5Y)0.49
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 | 1.63 |
F-Score7
WACC6.78%
ROIC/WACC0.84
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%