CJAX (CoJax Oil & Gas) EBIT: $-1.23 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CJAX CoJax Oil & Gas Corp CJAX
9 GF Score
Price $3.55
GF Value $1.74
! 4 Warning Signs
View Full Analysis

What is CoJax Oil & Gas EBIT?

CoJax Oil & Gas CJAX 9 EBIT is $-1.23 Mil as of Mar. 2026. GuruFocus rates CJAX with a GF Score™ of 9/100 and a GF Value™ of $1.74. The stock has 4 warning signs investors should review.

CoJax Oil & Gas's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.23 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CoJax Oil & Gas's annualized ROC % for the quarter that ended in Mar. 2026 was -11.24%. CoJax Oil & Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -11.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CoJax Oil & Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.44%.


CoJax Oil & Gas  (OTCPK:CJAX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

CoJax Oil & Gas's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-1.064 * ( 1 - 0% )/( (9.488 + 9.438)/ 2 )
=-1.064/9.463
=-11.24 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

CoJax Oil & Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.06/( ( (9.375 + max(-0.94, 0)) + (9.326 + max(-1.162, 0)) )/ 2 )
=-1.06/( ( 9.375 + 9.326 )/ 2 )
=-1.06/9.3505
=-11.34 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.11 + 0 + 0.021) - (1.071 + 0 + 0)
=-0.94

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.129 + 0 + 0.021) - (1.311 + 0 + 0.0010000000000001)
=-1.162

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

CoJax Oil & Gas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-1.227/50.345
=-2.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CoJax Oil & Gas EBIT Related Terms


CoJax Oil & Gas EBIT Historical Data

* Premium members only.

The historical data trend for CoJax Oil & Gas's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CoJax Oil & Gas EBIT Chart

CoJax Oil & Gas Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -1.49 -6.24 -1.63 -1.61 -1.11

CoJax Oil & Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.14 -0.20 -0.16 -0.60 -0.27

CJAX vs VOC, PRT, CRT: EBIT Comparison

For the Oil & Gas E&P subindustry, CoJax Oil & Gas's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CoJax Oil & Gas EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CoJax Oil & Gas's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CoJax Oil & Gas's EV-to-EBIT falls into.


CJAX
9GF Score
CoJax Oil & Gas Corp CJAX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CoJax Oil & Gas EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.23 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-1.23 Mil mean?
CoJax Oil & Gas (CJAX) has a EBIT of $-1.23 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CoJax Oil & Gas.
Is CoJax Oil & Gas' EBIT too high?
CoJax Oil & Gas' current EBIT is $-1.23 Mil. Overall, CoJax Oil & Gas has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does CoJax Oil & Gas' EBIT compare to VOC and PRT?
CoJax Oil & Gas' EBIT of $-1.23 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CoJax Oil & Gas. CoJax Oil & Gas's current EBIT is $-1.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoJax Oil & Gas stock overvalued right now?
CoJax Oil & Gas (CJAX) has a current EBIT of $-1.23 Mil. The stock's GF Value™ is $1.74, compared to a current price of $3.55 — trading 104% above its estimated fair value. The current EBIT is $-1.23 Mil. CoJax Oil & Gas' overall GF Score™ is 9/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For CoJax Oil & Gas (CJAX), the current EBIT is $-1.23 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CoJax Oil & Gas (CJAX) Overvalued in 2026?

Based on GuruFocus' analysis, CoJax Oil & Gas stock appears to be overvalued. The current stock price of $3.55 is trading 104% above its estimated GF Value™ of $1.74.

Key valuation signals for CJAX:

  • EBIT: $-1.23 Mil
  • GF Value™: $1.74 vs. price of $3.55 (104% above fair value)
  • GF Score™: 9/100 with 4 warning signs

No single metric tells the full story. See the CJAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CoJax Oil & Gas Business Description

Industry EnergyOil & Gas
Address 4830 Line Avenue, Suite 152, Shreveport, LA, USA, 71106
CoJax Oil & Gas Corp is an oil and gas exploration and production company, with producing assets in Southwest Alabama. It is engaged in the acquisition and development of lower risk onshore oil and gas producing properties within the Southeastern United States. It generates maximum revenue from Crude oil.
9GF Score

Get the complete analysis for CJAX

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.55
Price
$1.74
GF Value