CJT logo

Cargojet Inc.TSX:CJT Stock Report

Market Cap CA$1.7b
Share Price
CA$103.10
My Fair Value
CA$145
28.8% undervalued intrinsic discount
1Y-16.6%
7D2.6%
Portfolio Value
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Cargojet Inc.

TSX:CJT Stock Report

Market Cap: CA$1.7b

Cargojet (CJT) Stock Overview

Provides time-sensitive overnight air cargo services and carries in Canada. More details

CJT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends3/6

Rewards

Trading at 23.2% below our estimate of its fair value

Became profitable this year

Analysts in good agreement that stock price will rise by 40.5%

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 5.1% per year for the next 3 years


CJT Community Fair Values

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See what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.

CJT logo
Cargojet

Amazon And DHL Contracts Will Spark Progress While Facing Headwinds

Key Takeaways Renewed long-term partnerships and strong domestic e-commerce growth drive higher revenue stability and earnings predictability. Network expansion and fleet modernization boost operational efficiency, margin improvement, and diversified global revenue streams.
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CA$141.00
FV
26.9% undervalued intrinsic discount
3.85%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
6users have followed this narrative
5 days ago author updated this narrative
CJT logo
Cargojet

E-commerce Expansion Will Empower Air Cargo Networks Worldwide

Key Takeaways Cargojet's first-mover advantage and exclusive long-term partnerships with global clients uniquely position it to benefit from shifting trade routes and e-commerce growth. Operational efficiency, a technology-driven culture, and a strengthened network are expected to boost margins, diminish cyclicality, and drive sustained market share gains.
View narrative
CA$170.00
FV
39.4% undervalued intrinsic discount
4.40%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
4 days ago author updated this narrative
CJT logo
Cargojet

Rising Regulations And Overcapacity Will Crush Core Business

Key Takeaways Heavy exposure to changing trade patterns, evolving logistics tech, and concentrated clients threatens long-term demand and earnings stability. Rising sustainability demands and fleet expansion risk squeezing margins through increased costs and overcapacity.
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CA$103.99
FV
0.9% undervalued intrinsic discount
3.03%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
3 days ago author updated this narrative
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Cargojet Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cargojet
Historical stock prices
Current Share PriceCA$103.10
52 Week HighCA$144.97
52 Week LowCA$69.60
Beta0.89
1 Month Change1.50%
3 Month Change9.31%
1 Year Change-16.63%
3 Year Change-29.14%
5 Year Change-42.51%
Change since IPO915.76%

Recent News & Updates

Is Cargojet Inc. (TSE:CJT) Trading At A 25% Discount?

Aug 02
Is Cargojet Inc. (TSE:CJT) Trading At A 25% Discount?

Recent updates

Is Cargojet Inc. (TSE:CJT) Trading At A 25% Discount?

Aug 02
Is Cargojet Inc. (TSE:CJT) Trading At A 25% Discount?

Improved Earnings Required Before Cargojet Inc. (TSE:CJT) Stock's 25% Jump Looks Justified

May 18
Improved Earnings Required Before Cargojet Inc. (TSE:CJT) Stock's 25% Jump Looks Justified

An Intrinsic Calculation For Cargojet Inc. (TSE:CJT) Suggests It's 20% Undervalued

Apr 25
An Intrinsic Calculation For Cargojet Inc. (TSE:CJT) Suggests It's 20% Undervalued

Should You Think About Buying Cargojet Inc. (TSE:CJT) Now?

Apr 11
Should You Think About Buying Cargojet Inc. (TSE:CJT) Now?

Investors Don't See Light At End Of Cargojet Inc.'s (TSE:CJT) Tunnel

Mar 29
Investors Don't See Light At End Of Cargojet Inc.'s (TSE:CJT) Tunnel

There's Been No Shortage Of Growth Recently For Cargojet's (TSE:CJT) Returns On Capital

Mar 06
There's Been No Shortage Of Growth Recently For Cargojet's (TSE:CJT) Returns On Capital

Cargojet Inc. Just Recorded A 76% EPS Beat: Here's What Analysts Are Forecasting Next

Feb 21
Cargojet Inc. Just Recorded A 76% EPS Beat: Here's What Analysts Are Forecasting Next
User avatar

Investing In Boeing 767-300 Aircraft Will Expand Global Operations

Strategic fleet expansion and new charter routes position Cargojet for sustained revenue and earnings growth amid rising air cargo demand.

Is There Now An Opportunity In Cargojet Inc. (TSE:CJT)?

Jan 03
Is There Now An Opportunity In Cargojet Inc. (TSE:CJT)?

Is Cargojet Inc. (TSE:CJT) Expensive For A Reason? A Look At Its Intrinsic Value

Dec 17
Is Cargojet Inc. (TSE:CJT) Expensive For A Reason? A Look At Its Intrinsic Value

Is Cargojet (TSE:CJT) Using Too Much Debt?

Dec 03
Is Cargojet (TSE:CJT) Using Too Much Debt?

Cargojet's (TSE:CJT) Conservative Accounting Might Explain Soft Earnings

Nov 13
Cargojet's (TSE:CJT) Conservative Accounting Might Explain Soft Earnings

Investors Could Be Concerned With Cargojet's (TSE:CJT) Returns On Capital

Sep 27
Investors Could Be Concerned With Cargojet's (TSE:CJT) Returns On Capital

Cargojet (TSE:CJT) Has A Somewhat Strained Balance Sheet

Aug 28
Cargojet (TSE:CJT) Has A Somewhat Strained Balance Sheet

Should You Investigate Cargojet Inc. (TSE:CJT) At CA$130?

Jul 18
Should You Investigate Cargojet Inc. (TSE:CJT) At CA$130?

Market Participants Recognise Cargojet Inc.'s (TSE:CJT) Revenues Pushing Shares 28% Higher

Jul 04
Market Participants Recognise Cargojet Inc.'s (TSE:CJT) Revenues Pushing Shares 28% Higher

Estimating The Fair Value Of Cargojet Inc. (TSE:CJT)

Jun 28
Estimating The Fair Value Of Cargojet Inc. (TSE:CJT)

Returns On Capital Signal Tricky Times Ahead For Cargojet (TSE:CJT)

May 29
Returns On Capital Signal Tricky Times Ahead For Cargojet (TSE:CJT)

Is Cargojet (TSE:CJT) Using Too Much Debt?

Apr 11
Is Cargojet (TSE:CJT) Using Too Much Debt?

Cargojet Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 29
Cargojet Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Investor Optimism Abounds Cargojet Inc. (TSE:CJT) But Growth Is Lacking

Feb 14
Investor Optimism Abounds Cargojet Inc. (TSE:CJT) But Growth Is Lacking

Investors Could Be Concerned With Cargojet's (TSE:CJT) Returns On Capital

Jan 13
Investors Could Be Concerned With Cargojet's (TSE:CJT) Returns On Capital

Is Now An Opportune Moment To Examine Cargojet Inc. (TSE:CJT)?

Dec 21
Is Now An Opportune Moment To Examine Cargojet Inc. (TSE:CJT)?

Cargojet (TSE:CJT) Will Pay A Larger Dividend Than Last Year At CA$0.3146

Nov 15
Cargojet (TSE:CJT) Will Pay A Larger Dividend Than Last Year At CA$0.3146

Capital Allocation Trends At Cargojet (TSE:CJT) Aren't Ideal

Oct 03
Capital Allocation Trends At Cargojet (TSE:CJT) Aren't Ideal

Cargojet (TSE:CJT) Has A Somewhat Strained Balance Sheet

Sep 14
Cargojet (TSE:CJT) Has A Somewhat Strained Balance Sheet

What Does Cargojet Inc.'s (TSE:CJT) Share Price Indicate?

Aug 18
What Does Cargojet Inc.'s (TSE:CJT) Share Price Indicate?

Cargojet (TSE:CJT) Is Paying Out A Dividend Of CA$0.286

Jun 09
Cargojet (TSE:CJT) Is Paying Out A Dividend Of CA$0.286

Cargojet (TSE:CJT) Is Due To Pay A Dividend Of CA$0.286

May 25
Cargojet (TSE:CJT) Is Due To Pay A Dividend Of CA$0.286

Returns At Cargojet (TSE:CJT) Appear To Be Weighed Down

May 12
Returns At Cargojet (TSE:CJT) Appear To Be Weighed Down

Shareholder Returns

CJTCA LogisticsCA Market
7D2.6%1.4%-5.1%
1Y-16.6%-21.0%11.5%

Return vs Industry: CJT exceeded the Canadian Logistics industry which returned -20.3% over the past year.

Return vs Market: CJT underperformed the Canadian Market which returned 17.7% over the past year.

Price Volatility

Is CJT's price volatile compared to industry and market?
CJT volatility
CJT Average Weekly Movement4.8%
Logistics Industry Average Movement6.0%
Market Average Movement8.6%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market3.0%

Stable Share Price: CJT has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: CJT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20011,817Jamie Porteouswww.cargojet.com

Cargojet Inc. provides time-sensitive overnight air cargo services and carries in Canada. It operates domestic air cargo network services between Canadian cities; and provides aircraft to customers on an aircraft, crew, maintenance, and insurance basis operating between points in Canada, the United States, Mexico, South America, Europe and Asia. The company also operates scheduled and ad hoc international routes for a range of cargo customers between the United States and Bermuda; Canada, the United Kingdom, and Germany; Canada and Asia; and Canada and Mexico.

Cargojet Inc. Fundamentals Summary

How do Cargojet's earnings and revenue compare to its market cap?
CJT fundamental statistics
Market capCA$1.68b
Earnings (TTM)CA$145.70m
Revenue (TTM)CA$1.03b
11.6x
P/E Ratio
1.6x
P/S Ratio

Is CJT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CJT income statement (TTM)
RevenueCA$1.03b
Cost of RevenueCA$788.60m
Gross ProfitCA$238.30m
Other ExpensesCA$92.60m
EarningsCA$145.70m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)8.91
Gross Margin23.21%
Net Profit Margin14.19%
Debt/Equity Ratio118.5%

How did CJT perform over the long term?

See historical performance and comparison

Dividends

1.4%
Current Dividend Yield
15%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/18 07:10
End of Day Share Price 2025/08/18 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cargojet Inc. is covered by 16 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nick CorcoranAcumen Capital Finance Partners Limited
Christopher MurrayATB Capital Markets
Donangelo VolpeBeacon Securities Limited