CARGOJET INC (CJT.CA) Stock Fundamental Analysis
TSX:CJT - Toronto Stock Exchange - CA14179V5036 - Common Stock - Currency: CAD
CJT gets a fundamental rating of 6 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 some minor concerns on its financial health. CJT is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year CJT was profitable.
In the past year CJT had a positive cash flow from operations.
CJT had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CJT had a positive operating cash flow.
1.2 Ratios
CJT has a better Return On Assets (5.63%) than 100.00% of its industry peers.
The Return On Equity of CJT (14.69%) is better than 100.00% of its industry peers.
CJT has a Return On Invested Capital of 5.51%. This is amongst the best in the industry. CJT outperforms 100.00% 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 4.54%.
The last Return On Invested Capital (5.51%) for CJT is above the 3 year average (5.10%), which is a sign of increasing profitability.
| 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 has a Profit Margin of 10.83%. This is amongst the best in the industry. CJT outperforms 100.00% of its industry peers.
CJT's Profit Margin has improved in the last couple of years.
CJT has a better Operating Margin (12.61%) than 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.
CJT has a better Gross Margin (22.56%) 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 | 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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.
The debt/assets ratio for CJT has remained at the same level compared to a year ago.
2.2 Solvency
CJT has an Altman-Z score of 1.51. This is a bad value and indicates that CJT is not financially healthy and even has some risk of bankruptcy.
CJT's Altman-Z score of 1.51 is on the low side compared to the rest of the industry. CJT is outperformed by 66.67% of its industry peers.
The Debt to FCF ratio of CJT is 9.61, which is on the high side as it means it would take CJT, 9.61 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.61, CJT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
CJT has a Debt/Equity ratio of 0.98. This is a neutral value indicating CJT is somewhat dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.98, CJT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 9.61 | ||
| Altman-Z | 1.51 |
ROIC/WACC0.82
WACC6.74%
2.3 Liquidity
A Current Ratio of 0.58 indicates that CJT may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.58, CJT is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
A Quick Ratio of 0.57 indicates that CJT may have some problems paying its short term obligations.
CJT has a Quick ratio of 0.57. This is in the better half of the industry: CJT outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 336.01% over the past year.
CJT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 51.08% yearly.
Looking at the last year, CJT shows a quite strong growth in Revenue. The Revenue has grown by 14.05% in the last year.
CJT 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 will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.20% on average per year.
Based on estimates for the next years, CJT will show a small growth in Revenue. The Revenue will grow by 6.99% on average per year.
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 5Y6.99%
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
A Price/Earnings ratio of 14.32 indicates a correct valuation of CJT.
Based on the Price/Earnings ratio, CJT is valued cheaper than 100.00% of the companies in the same industry.
CJT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
The Price/Forward Earnings ratio is 15.17, which indicates a correct valuation of CJT.
66.67% of the companies in the same industry are more expensive than CJT, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.10. CJT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.32 | ||
| Fwd PE | 15.17 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CJT is valued cheaper than 100.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CJT indicates a rather cheap valuation: CJT is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.41 | ||
| EV/EBITDA | 7.48 |
4.3 Compensation for Growth
CJT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CJT has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CJT's earnings are expected to grow with 12.20% in the coming years.
PEG (NY)0.59
PEG (5Y)0.28
EPS Next 2Y18.05%
EPS Next 3Y12.2%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.52%, CJT has a reasonable but not impressive dividend return.
CJT's Dividend Yield is slightly below the industry average, which is at 2.92.
CJT'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 grows each year by 13.92%, which is quite nice.
CJT has been paying a dividend for at least 10 years, so it has 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 24.63% 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.
DP24.63%
EPS Next 2Y18.05%
EPS Next 3Y12.2%
TSX:CJT (3/7/2025, 7:00:00 PM)
91.24
-0.62 (-0.67%)
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 Cap1.45B
Analysts77.14
Price Target160.51 (75.92%)
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 Years4
Div Non Decr Years15
Ex-Date
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)-1.76%
PT rev (3m)-2.09%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.63%
EPS NY rev (1m)-2.51%
EPS NY rev (3m)-2.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.28%
Revenue NY rev (1m)4.33%
Revenue NY rev (3m)4.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.32 | ||
| Fwd PE | 15.17 | ||
| P/S | 1.45 | ||
| P/FCF | 18.41 | ||
| P/OCF | 4.4 | ||
| P/B | 1.96 | ||
| P/tB | 2.11 | ||
| EV/EBITDA | 7.48 |
EPS(TTM)6.37
EY6.98%
EPS(NY)6.01
Fwd EY6.59%
FCF(TTM)4.96
FCFY5.43%
OCF(TTM)20.72
OCFY22.71%
SpS63.1
BVpS46.51
TBVpS43.34
PEG (NY)0.59
PEG (5Y)0.28
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 | 1.51 |
F-Score8
WACC6.74%
ROIC/WACC0.82
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 5Y6.99%
EBIT growth 1Y95.36%
EBIT growth 3Y-9.42%
EBIT growth 5Y16.5%
EBIT Next Year133.26%
EBIT Next 3Y35.54%
EBIT Next 5Y27.43%
FCF growth 1Y206.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y70.44%
OCF growth 3Y10.28%
OCF growth 5Y16.83%