Cargojet Inc.

$ 81.62 -1.44 %

Cargojet Inc. specializes in express overnight air freight delivery, primarily serving Canada. The company's business activities include managing a domestic air cargo network that connects fourteen cities across North America. It also leases dedicated aircraft to clients under an Aircraft, Crew, Maintenance, and Insurance (ACMI) model, enabling operations between locations in Canada, North America, South America, and Europe. Cargojet maintains scheduled international routes for various cargo customers, connecting the United States with Bermuda, and Canada with the United Kingdom and Germany. Additionally, it offers on-demand charter aircraft for flights between Canada, the United States, and other international destinations. Specialized charter services cater to unique shipments such as livestock, military equipment, emergency relief supplies, and oversized cargo, reaching across North America, South America, the Caribbean, and Europe. The company is further involved in essential support services like flight planning and dispatch, crew development and training, ground handling, and commercial airline cargo management. As of December 31, 2021, Cargojet operated a fleet of 31 aircraft. The company was founded in 2005 and its headquarters are situated in Mississauga, Canada.

CEO: Pauline Dhillon - https://www.cargojet.com

Price objectif

-

Recommandation

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DCF

$ -22.31

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CJT.TO vs S&P500

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Quick ratio

0.88

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

33.31

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

2.45

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

4.92 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

3.57 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

6.73

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

1.24

means it relies more on debt, which can increase financial risk.

Free cash flow per share

-1.95

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

74.38 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
6 indicates moderate financial health
Altman score
1.32 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.01 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.44 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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