Cargojet fundamentals help investors to digest information that contributes to Cargojet's financial success or failures. It also enables traders to predict the movement of Cargojet Stock. The fundamental analysis module provides a way to measure Cargojet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cargojet stock.Direct Expenses is very stable at the moment as compared to the past year. Cargojet reported last year Direct Expenses of 474.21 Million. As of 4th of October 2023, Net Income is likely to grow to about 162.6 M, while Weighted Average Shares is likely to drop about 12.9 M. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Cargojet Current Valuation Analysis
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
In accordance with the recently published financial statements, Cargojet has a Current Valuation of 2.27 B. This is 68.86% lower than that of the Air Freight & Logistics sector and significantly higher than that of the Industrials industry. The current valuation for all Canada stocks is 86.36% higher than that of the company.
Cargojet Fundamental Drivers RelationshipsComparative 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. You can analyze the relationship between different fundamental ratios across Cargojet competition to find correlations between indicators driving Cargojet's intrinsic value. More Info. Cargojet is number one stock in retained earnings category among related companies. It is number one stock in ebitda category among related companies totaling about 1.94 of EBITDA per Retained Earnings. Cargojet Earnings Before Interest Taxes and Depreciation Amortization EBITDA are very stable at the moment as compared to the past year. Cargojet reported last year Earnings Before Interest Taxes and Depreciation Amortization EBITDA of 313.29 Million. 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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cargojet's earnings, one of the primary drivers of an investment's value.
Cargojet Cash and Equivalents Peer ComparisonStock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cargojet's direct or indirect competition against its Cash and Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cargojet could also be used in its relative valuation, which is a method of valuing Cargojet by comparing valuation metrics of similar companies.
Cargojet Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cargojet from analyzing Cargojet's financial statements. These drivers represent accounts that assess Cargojet's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cargojet's important valuation drivers and their relationship over time.
About Cargojet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cargojet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cargojet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cargojet based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.Please read more on our fundamental analysis page.
|Last Reported||Projected for 2023|
|Revenues||682 M||735.9 M|
|Revenue to Assets||0.58||0.81|
|Revenue Per Employee||455.9 K||429.7 K|
Be your own money managerOur tools can tell you how much better you can do entering a position in Cargojet without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.
Use generated alerts and portfolio events aggregator to diagnose current holdings
|All Next||Launch Module|
Pair Trading with CargojetOne 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.
Check out Cargojet Piotroski F Score and Cargojet Altman Z Score analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Cargojet Stock analysis
When running Cargojet's price analysis, check to measure Cargojet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cargojet is operating at the current time. Most of Cargojet's value examination focuses on studying past and present price action to predict the probability of Cargojet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cargojet's price. Additionally, you may evaluate how the addition of Cargojet to your portfolios can decrease your overall portfolio volatility.