TSE:CJT

Cargojet Inc (CJT.TO)

86.59
-0.28 (0.32%)
as of Jul 6, 2026, 8:00:01 pm Market Open.
342 watching
0
Investor Insights
star iconJul 6, 2026, 12:00 am

This summary was created by AI, based on 12 opinions in the last 12 months.

Cargojet Inc (CJT-T) is experiencing a mixed bag of expert opinions as it navigates the challenges posed by a post-COVID environment and current economic conditions. Many experts note the potential value in the stock, given its low trading multiples around 6.5x to 15x forward operating cash flow, indicating it may be undervalued compared to pre-COVID levels. However, concerns about cyclicality, tariffs, and weakened demand in the trucking and transportation sectors have created headwinds, prompting some experts to be cautious. Despite these challenges, there are indications of a potential recovery, with expectations of reacceleration in growth as trade normalizes. Overall, CJT presents a unique opportunity for patient investors looking for long-term potential amidst current market volatility.

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Consensus
Mixed
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Valuation
Undervalued
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MERC, MERC
TOP PICK

At least 50% of all air cargo in Canada has to go on Canadian owned airlines. This one has done pretty well over the last year. FedEx, UPS and Transforce are their big clients and they are expanding into Eastern Canada. They might get the Canada Post contract, which is worth $35 million. 5% dividend yield. Fairly solid balance sheet. $12-$13 over the next year is a reasonable figure.

PAST TOP PICK
(A Top Pick Sept 17/09. Up 34.77%.) Took a lot of costs out of the system. Still likes. Starting to see volume come back.
PAST TOP PICK
(A Top Pick Sept 17/09. Up 13%.) Have taken a lot of costs out of their system in 2008-2009. Starting to see an uptick in volume. 50% market share in Canada.
TOP PICK
Provides overnight time sensitive air cargo in Canada. Trades at a cheap valuation. Management owns about 25%. Payout ratio of about 28% and expects a special dividend in Q4. 50% market share and gradually getting more business.
PAST TOP PICK
(A Top Pick Feb 12/08. Down 79.5%.) Has been oversold. Management owns 35% of the stock. One of the rare companies that will be up year-over-year in 2009. Thinks the 33% distribution is safe. Will continue to Hold.
PAST TOP PICK
(A Top Pick Apr 27/07. Down 6%.) Customers are committed to long-term contracts. Any fuel increases go to the customer. Very stable business. Costs rise when they increase capacity, but after that earnings go up. Looking for a distribution increase in the next 12 months.
TOP PICK
Pays about 8%. Extremely profitable company. Trades at a very cheap multiple. They sell capacity on their airplanes on long-term contracts. Expects the free cash flow in 08 to be up 30% to 40% versus 07. Expect the distribution will also be increased.
COMMENT
A niche trust that will be taxable in 3.5 years, so you have to look at what the business will be like at that time. Because he was bullish on energy prices, he expected their cost prices to go up, which didn't happen. He would still prefer to be defensive.
TOP PICK
Very small company, so have the ability to grow. Have nice plans to grow at a reasonable rate. 9% yield.
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