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. While CJT belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CJT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
CJT had positive earnings in the past year.
CJT had a positive operating cash flow in the past year.
Of the past 5 years CJT 4 years were profitable.
In the past 5 years CJT always reported a positive cash flow from operatings.
1.2 Ratios
CJT has a Return On Assets of 5.63%. This is amongst the best in the industry. CJT outperforms 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 better Return On Invested Capital (5.51%) than 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 4.59%.
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 better Profit Margin (10.83%) than 100.00% of its industry peers.
CJT's Profit Margin has improved in the last couple of years.
The Operating Margin of CJT (12.61%) is better than 100.00% of its industry peers.
CJT's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 22.56%, CJT is doing good in the industry, outperforming 66.67% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CJT is destroying value.
CJT has less shares outstanding than it did 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 1.46, we must say that CJT is in the distress zone and has some risk of bankruptcy.
CJT has a Altman-Z score of 1.46. This is in the lower half of the industry: CJT underperforms 66.67% of its industry peers.
CJT has a debt to FCF ratio of 9.61. This is a negative value and a sign of low solvency as CJT would need 9.61 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 9.61, CJT belongs to the best 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.
CJT has a better Debt to Equity ratio (0.98) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 9.61 | ||
| Altman-Z | 1.46 |
ROIC/WACC0.85
WACC6.51%
2.3 Liquidity
CJT has a Current Ratio of 0.58. This is a bad value and indicates that CJT 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 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
CJT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 159.07%, which is quite impressive.
Measured over the past years, CJT shows a very strong growth in Earnings Per Share. The EPS has been growing by 43.91% on average per year.
CJT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.05%.
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)159.07%
EPS 3Y-5.21%
EPS 5Y43.91%
EPS Q2Q%1321.43%
Revenue 1Y (TTM)14.05%
Revenue growth 3Y9.71%
Revenue growth 5Y15.51%
Sales Q2Q%32.13%
3.2 Future
CJT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.02% yearly.
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 Y13.24%
EPS Next 2Y14.14%
EPS Next 3Y13.02%
EPS Next 5YN/A
Revenue Next Year11.35%
Revenue Next 2Y7.93%
Revenue Next 3Y5.8%
Revenue Next 5Y6.99%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
CJT is valuated rather expensively with a Price/Earnings ratio of 17.04.
100.00% 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 28.87, CJT is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 15.05, the valuation of CJT can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CJT indicates a rather cheap valuation: CJT is cheaper than 100.00% of the companies listed in the same industry.
CJT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.38, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.04 | ||
| Fwd PE | 15.05 |
4.2 Price Multiples
100.00% of the companies in the same industry are more expensive than CJT, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow 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 | 17.19 | ||
| EV/EBITDA | 7.11 |
4.3 Compensation for Growth
CJT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CJT has an outstanding 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)1.29
PEG (5Y)0.39
EPS Next 2Y14.14%
EPS Next 3Y13.02%
5. Dividend
5.1 Amount
CJT has a Yearly Dividend Yield of 1.60%.
The stock price of CJT dropped by -28.45% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
CJT's Dividend Yield is slightly below the industry average, which is at 2.52.
Compared to the average S&P500 Dividend Yield of 2.46, CJT is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
5.2 History
The dividend of CJT is nicely growing with an annual growth rate of 13.92%!
CJT has been paying a dividend for at least 10 years, so it has 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
24.63% of the earnings are spent on dividend by CJT. This is a low number and sustainable payout ratio.
CJT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP24.63%
EPS Next 2Y14.14%
EPS Next 3Y13.02%
TSX:CJT (4/28/2025, 7:00:00 PM)
85.2
+0.87 (+1.03%)
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 Cap1.35B
Analysts78.67
Price Target152.07 (78.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
Yearly Dividend1.64
Dividend Growth(5Y)13.92%
DP24.63%
Div Incr Years4
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.4%
Min EPS beat(2)4.35%
Max EPS beat(2)20.45%
EPS beat(4)3
Avg EPS beat(4)24.26%
Min EPS beat(4)-105.11%
Max EPS beat(4)177.35%
EPS beat(8)3
Avg EPS beat(8)-12.63%
EPS beat(12)5
Avg EPS beat(12)13.41%
EPS beat(16)7
Avg EPS beat(16)8.2%
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)-5.26%
PT rev (3m)-7.51%
EPS NQ rev (1m)0.18%
EPS NQ rev (3m)-17.63%
EPS NY rev (1m)-1.46%
EPS NY rev (3m)-7.87%
Revenue NQ rev (1m)-0.97%
Revenue NQ rev (3m)3.56%
Revenue NY rev (1m)-0.54%
Revenue NY rev (3m)3.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.04 | ||
| Fwd PE | 15.05 | ||
| P/S | 1.35 | ||
| P/FCF | 17.19 | ||
| P/OCF | 4.11 | ||
| P/B | 1.83 | ||
| P/tB | 1.97 | ||
| EV/EBITDA | 7.11 |
EPS(TTM)5
EY5.87%
EPS(NY)5.66
Fwd EY6.65%
FCF(TTM)4.96
FCFY5.82%
OCF(TTM)20.72
OCFY24.32%
SpS63.1
BVpS46.51
TBVpS43.34
PEG (NY)1.29
PEG (5Y)0.39
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 | 1.46 |
F-Score8
WACC6.51%
ROIC/WACC0.85
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)159.07%
EPS 3Y-5.21%
EPS 5Y43.91%
EPS Q2Q%1321.43%
EPS Next Y13.24%
EPS Next 2Y14.14%
EPS Next 3Y13.02%
EPS Next 5YN/A
Revenue 1Y (TTM)14.05%
Revenue growth 3Y9.71%
Revenue growth 5Y15.51%
Sales Q2Q%32.13%
Revenue Next Year11.35%
Revenue Next 2Y7.93%
Revenue Next 3Y5.8%
Revenue Next 5Y6.99%
EBIT growth 1Y95.36%
EBIT growth 3Y-9.42%
EBIT growth 5Y16.5%
EBIT Next Year139.82%
EBIT Next 3Y36.72%
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%