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Cargojet TSX:CJT Stock Report

Last Price

CA$122.82

Market Cap

CA$2.0b

7D

1.9%

1Y

1.6%

Updated

23 Jan, 2025

Data

Company Financials +

Cargojet Inc.

TSX:CJT Stock Report

Market Cap: CA$2.0b

CJT Stock Overview

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

CJT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance1/6
Financial Health2/6
Dividends3/6

Rewards

Earnings are forecast to grow 62.95% per year

Analysts in good agreement that stock price will rise by 31.2%

Risk Analysis

Interest payments are not well covered by earnings

Profit margins (0.2%) are lower than last year (8.1%)

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

Cargojet Inc. Competitors

Titanium Transportation Group

TSX:TTNM

CA$104.3m

Westshore Terminals Investment

TSX:WTE

CA$1.5b

Mullen Group

TSX:MTL

CA$1.3b

Exchange Income

TSX:EIF

CA$2.6b

Price History & Performance

Summary of share price highs, lows and changes for Cargojet
Historical stock prices
Current Share PriceCA$122.82
52 Week HighCA$144.97
52 Week LowCA$100.01
Beta0.87
1 Month Change17.72%
3 Month Change-8.81%
1 Year Change1.58%
3 Year Change-29.08%
5 Year Change5.25%
Change since IPO1,110.05%

Recent News & Updates

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

Recent updates

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

Cargojet Inc.'s (TSE:CJT) Intrinsic Value Is Potentially 59% Above Its Share Price

Apr 08
Cargojet Inc.'s (TSE:CJT) Intrinsic Value Is Potentially 59% Above Its Share Price

Why Cargojet Inc. (TSE:CJT) Could Be Worth Watching

Mar 07
Why Cargojet Inc. (TSE:CJT) Could Be Worth Watching

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

Feb 02
Returns At Cargojet (TSE:CJT) Appear To Be Weighed Down

Does Cargojet (TSE:CJT) Deserve A Spot On Your Watchlist?

Jan 18
Does Cargojet (TSE:CJT) Deserve A Spot On Your Watchlist?

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

Nov 14
What Does Cargojet Inc.'s (TSE:CJT) Share Price Indicate?

Investors Met With Slowing Returns on Capital At Cargojet (TSE:CJT)

Oct 31
Investors Met With Slowing Returns on Capital At Cargojet (TSE:CJT)

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

Oct 19
Is Cargojet (TSE:CJT) Using Too Much Debt?

With EPS Growth And More, Cargojet (TSE:CJT) Makes An Interesting Case

Aug 30
With EPS Growth And More, Cargojet (TSE:CJT) Makes An Interesting Case

Cargojet (TSE:CJT) Takes On Some Risk With Its Use Of Debt

Jul 20
Cargojet (TSE:CJT) Takes On Some Risk With Its Use Of Debt

Shareholder Returns

CJTCA LogisticsCA Market
7D1.9%1.5%2.0%
1Y1.6%-6.3%17.5%

Return vs Industry: CJT exceeded the Canadian Logistics industry which returned -6.3% over the past year.

Return vs Market: CJT underperformed the Canadian Market which returned 17.5% over the past year.

Price Volatility

Is CJT's price volatile compared to industry and market?
CJT volatility
CJT Average Weekly Movement4.5%
Logistics Industry Average Movement5.8%
Market Average Movement8.1%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market2.9%

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 (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20011,892Jamie Porteouswww.cargojet.com

Cargojet Inc. provides time sensitive overnight air cargo services and carriers in Canada. It operates domestic air cargo network services between 16 Canadian cities; and provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance basis operating between points in Canada, North and South America, and Europe. The company operates scheduled international routes for various cargo customers between the United States and Bermuda; and between Canada, the United Kingdom, and Germany.

Cargojet Inc. Fundamentals Summary

How do Cargojet's earnings and revenue compare to its market cap?
CJT fundamental statistics
Market capCA$1.95b
Earnings (TTM)CA$2.30m
Revenue (TTM)CA$929.50m

847.0x

P/E Ratio

2.1x

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$929.50m
Cost of RevenueCA$760.80m
Gross ProfitCA$168.70m
Other ExpensesCA$166.40m
EarningsCA$2.30m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 17, 2025

Earnings per share (EPS)0.15
Gross Margin18.15%
Net Profit Margin0.25%
Debt/Equity Ratio84.0%

How did CJT perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

932%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/23 22:51
End of Day Share Price 2025/01/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Cargojet Inc. is covered by 15 analysts. 10 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
Ahmad ShaathBeacon Securities Limited