Cargojet EBITDA vs. Gross Profit

CJT Stock  CAD 111.57  1.43  1.27%   
Based on Cargojet's profitability indicators, Cargojet may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Cargojet's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
329.5 M
Current Value
346 M
Quarterly Volatility
143.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.12, while Price To Sales Ratio is likely to drop 1.18. At this time, Cargojet's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 11th of December 2024, Net Income Applicable To Common Shares is likely to grow to about 230.1 M, while Operating Income is likely to drop about 48.4 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.180.1551
Fairly Up
Slightly volatile
For Cargojet profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cargojet to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cargojet utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cargojet's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cargojet over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Cargojet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cargojet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cargojet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Cargojet Gross Profit vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Cargojet's current stock value. Our valuation model uses many indicators to compare Cargojet value to that of its competitors to determine the firm's financial worth.
Cargojet is number one stock in ebitda category among its peers. It also is number one stock in gross profit category among its peers fabricating about  0.75  of Gross Profit per EBITDA. The ratio of EBITDA to Gross Profit for Cargojet is roughly  1.33 . At this time, Cargojet's EBITDA is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Cargojet by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cargojet's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Cargojet Gross Profit vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Cargojet

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
329.5 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Cargojet

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
247.5 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Cargojet Gross Profit Comparison

Cargojet is currently under evaluation in gross profit category among its peers.

Cargojet Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Cargojet, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cargojet will eventually generate negative long term returns. The profitability progress is the general direction of Cargojet's change in net profit over the period of time. It can combine multiple indicators of Cargojet, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income15.1 M15.8 M
Operating Income64.7 M48.4 M
Income Before Tax51.7 M30.3 M
Net Income37.3 M21.6 M
Income Tax Expense14.4 M8.4 M
Total Other Income Expense Net-13 M-13.7 M
Net Income From Continuing Ops37.3 M34.1 M
Net Income Applicable To Common Shares219.2 M230.1 M
Net Interest Income-56.8 M-54 M
Interest Income3.7 M3.9 M
Change To Netincome-53.5 M-50.8 M
Net Income Per Share 2.17  2.28 
Income Quality 5.17  5.43 
Net Income Per E B T 0.72  0.57 

Cargojet Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Cargojet. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cargojet position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cargojet's important profitability drivers and their relationship over time.

Use Cargojet in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cargojet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cargojet will appreciate offsetting losses from the drop in the long position's value.

Cargojet Pair Trading

Cargojet Pair Trading Analysis

The ability to find closely correlated positions to Cargojet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cargojet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cargojet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cargojet to buy it.
The correlation of Cargojet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cargojet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cargojet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cargojet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Cargojet position

In addition to having Cargojet in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Sport Products Thematic Idea Now

Sport Products
Sport Products Theme
Companies manufacturing sporting goods and accessories. The Sport Products theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sport Products Theme or any other thematic opportunities.
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Other Information on Investing in Cargojet Stock

To fully project Cargojet's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cargojet at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cargojet's income statement, its balance sheet, and the statement of cash flows.
Potential Cargojet investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Cargojet investors may work on each financial statement separately, they are all related. The changes in Cargojet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cargojet's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.