Cargojet (OTCMKTS:CGJTF – Get Free Report) is one of 60 publicly-traded companies in the “Air Freight & Logistics” industry, but how does it compare to its peers? We will compare Cargojet to related businesses based on the strength of its earnings, risk, profitability, institutional ownership, analyst recommendations, valuation and dividends.
Dividends
Cargojet pays an annual dividend of $1.12 per share and has a dividend yield of 1.7%. Cargojet pays out 75.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Air Freight & Logistics” companies pay a dividend yield of 2.6% and pay out 36.2% of their earnings in the form of a dividend. Cargojet lags its peers as a dividend stock, given its lower dividend yield and higher payout ratio.
Profitability
This table compares Cargojet and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Cargojet | 4.48% | 6.73% | 2.38% |
| Cargojet Competitors | -1,605.96% | -19.38% | -12.16% |
Valuation & Earnings
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Cargojet | $710.45 million | $57.40 million | 43.42 |
| Cargojet Competitors | $13.23 billion | $591.75 million | 13.89 |
Cargojet’s peers have higher revenue and earnings than Cargojet. Cargojet is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for Cargojet and its peers, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Cargojet | 0 | 1 | 2 | 0 | 2.67 |
| Cargojet Competitors | 612 | 1970 | 2537 | 105 | 2.41 |
As a group, “Air Freight & Logistics” companies have a potential upside of 14.95%. Given Cargojet’s peers higher probable upside, analysts clearly believe Cargojet has less favorable growth aspects than its peers.
Insider & Institutional Ownership
42.6% of shares of all “Air Freight & Logistics” companies are held by institutional investors. 18.4% of shares of all “Air Freight & Logistics” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
Cargojet peers beat Cargojet on 8 of the 14 factors compared.
About Cargojet
Cargojet Inc. provides time sensitive overnight air cargo services and carriers in Canada. It operates domestic air cargo network services between 16 Canadian cities; and provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance basis operating between points in Canada, North and South America, and Europe. The company operates scheduled international routes for various cargo customers between the United States and Bermuda; and between Canada, the United Kingdom, and Germany. In addition, it offers aircraft to customers on an ad hoc charter basis operating between points in Canada, the United States, and other international destinations; and specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and virtually large shipments across North America, South America, the Caribbean, and Europe. Further, the company is involved in the aircraft operation and maintenance, flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. The company operates a fleet of 41 aircraft. Cargojet Inc. was founded in 2001 and is headquartered in Mississauga, Canada.
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