Cargojet Stock Performance
| CJT Stock | CAD 120.90 1.19 0.99% |
The firm shows a Beta (market volatility) of 1.22, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cargojet will likely underperform. At this point, Cargojet has a negative expected return of -0.0773%. Please make sure to confirm Cargojet's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Cargojet performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Cargojet has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Cargojet is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0117 | Payout Ratio 0.419 | Forward Dividend Rate 1.4 | Dividend Date 2024-10-04 | Ex Dividend Date 2024-12-20 |
1 | Cargojet announces renewal of normal course issuer bid for voting shares - MSN | 11/05/2024 |
| Begin Period Cash Flow | 6.1 M |
Cargojet |
Cargojet Relative Risk vs. Return Landscape
If you would invest 12,820 in Cargojet on September 2, 2024 and sell it today you would lose (730.00) from holding Cargojet or give up 5.69% of portfolio value over 90 days. Cargojet is producing return of less than zero assuming 1.6955% volatility of returns over the 90 days investment horizon. Simply put, 15% of all stocks have less volatile historical return distribution than Cargojet, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cargojet Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cargojet's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cargojet, and traders can use it to determine the average amount a Cargojet's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0456
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CJT |
Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cargojet is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cargojet by adding Cargojet to a well-diversified portfolio.
Cargojet Fundamentals Growth
Cargojet Stock prices reflect investors' perceptions of the future prospects and financial health of Cargojet, and Cargojet fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cargojet Stock performance.
| Return On Equity | 0.0029 | ||||
| Return On Asset | 0.0254 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 2.61 B | ||||
| Shares Outstanding | 15.86 M | ||||
| Price To Earning | 226.44 X | ||||
| Price To Book | 2.69 X | ||||
| Price To Sales | 2.06 X | ||||
| Revenue | 877.5 M | ||||
| Gross Profit | 247.5 M | ||||
| EBITDA | 329.5 M | ||||
| Net Income | 37.3 M | ||||
| Cash And Equivalents | 1.4 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 799.2 M | ||||
| Debt To Equity | 2.72 % | ||||
| Current Ratio | 0.66 X | ||||
| Book Value Per Share | 44.91 X | ||||
| Cash Flow From Operations | 192.8 M | ||||
| Earnings Per Share | 0.24 X | ||||
| Market Capitalization | 1.92 B | ||||
| Total Asset | 2.04 B | ||||
| Retained Earnings | 160.8 M | ||||
| Working Capital | 91.8 M | ||||
| Current Asset | 40.52 M | ||||
| Current Liabilities | 46.05 M | ||||
About Cargojet Performance
By examining Cargojet's fundamental ratios, stakeholders can obtain critical insights into Cargojet's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Cargojet is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.28 | 1.22 | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.03 | 0.06 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.05 | 0.03 |
Things to note about Cargojet performance evaluation
Checking the ongoing alerts about Cargojet for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cargojet help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cargojet generated a negative expected return over the last 90 days | |
| Cargojet has accumulated 799.2 M in total debt with debt to equity ratio (D/E) of 2.72, implying the company greatly relies on financing operations through barrowing. Cargojet has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cargojet until it has trouble settling it off, either with new capital or with free cash flow. So, Cargojet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cargojet sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cargojet to invest in growth at high rates of return. When we think about Cargojet's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Cargojet announces renewal of normal course issuer bid for voting shares - MSN |
- Analyzing Cargojet's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cargojet's stock is overvalued or undervalued compared to its peers.
- Examining Cargojet's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cargojet's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cargojet's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cargojet's stock. These opinions can provide insight into Cargojet's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Cargojet Stock
Cargojet financial ratios help investors to determine whether Cargojet Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cargojet with respect to the benefits of owning Cargojet security.