CargojetCGJTF +2.07%81 Return-on-Tangible-Equity is 2.38% as of Mar. 2026, which is 86% below its 10-year median of 17.00. GuruFocus rates CGJTF with a GF Score™ of 81/100 and a GF Value™ of $94.33 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 977 Transportation companies, Cargojet ranks worse than 66.33% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Cargojet's annualized net income for the quarter that ended in Mar. 2026 was $12.0 Mil. Cargojet's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $501.8 Mil. Therefore, Cargojet's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.38%.
The historical rank and industry rank for Cargojet's Return-on-Tangible-Equity or its related term are showing as below:
CGJTF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -50.06 Med: 17 Max: 44.58
Current: 5.22
During the past 13 years, Cargojet's highest Return-on-Tangible-Equity was 44.58%. The lowest was -50.06%. And the median was 17.00%.
CGJTF's Return-on-Tangible-Equity is ranked worse than 66.33% of 977
companies
in the Transportation industry
Industry Median: 9.02
vs CGJTF: 5.22
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Cargojet Return-on-Tangible-Equity Related Terms
Cargojet Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cargojet's Return-on-Tangible-Equity 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.
CGJTF vs UPS, FDX, JBHT: Return-on-Tangible-Equity Comparison
For the Integrated Freight & Logistics subindustry, Cargojet's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Cargojet Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Cargojet's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cargojet's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.38% mean?
Cargojet (CGJTF) has a Return-on-Tangible-Equity of 2.38% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cargojet and its competitors. This is 86% below median its historical median of 17.00. According to the industry distribution chart, Cargojet ranks #648 out of 977 companies in the Transportation industry, placing it in the top 66.3%.
Is Cargojet's Return-on-Tangible-Equity too high?
Cargojet's current Return-on-Tangible-Equity of 2.38% is 86% below median its 10-year median of 17.00. The Transportation industry median Return-on-Tangible-Equity is 9.02. Cargojet's value of 2.38% is 73.6% below this industry median. Based on the distribution chart, Cargojet ranks #648 out of 977 companies in the Transportation industry, which is below the industry midpoint. Overall, Cargojet has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cargojet's Return-on-Tangible-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Cargojet ranks #648 out of 977 companies for Return-on-Tangible-Equity. This places Cargojet in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.02. Cargojet's value of 2.38% is 73.6% below this benchmark. While the company's 10-year median is 17.00 vs. the industry median of 9.02, Cargojet has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.02, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cargojet's current Return-on-Tangible-Equity of 2.38% is 73.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cargojet and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cargojet's current Return-on-Tangible-Equity is 2.38%, which is 86% below median its own 10-year median of 17.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cargojet stock overvalued right now?
Based on GuruFocus' analysis, Cargojet (CGJTF) is currently considered Possible Value Trap. The stock's GF Value™ is $94.33, compared to a current price of $62.06 — trading 34.2% below its estimated fair value. The current Return-on-Tangible-Equity is 2.38%, which is 86% below median its 10-year median of 17.00 and 73.6% below the Transportation industry median of 9.02. Cargojet's overall GF Score™ is 81/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Cargojet (CGJTF), the current Return-on-Tangible-Equity is 2.38% 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 Cargojet (CGJTF) Overvalued in 2026?
Based on GuruFocus' analysis, Cargojet stock appears to be undervalued.
The current stock price of $62.06 is trading 34.2% below its estimated GF Value™ of $94.33.
GuruFocus considers Cargojet to be Possible Value Trap.
Key valuation signals for CGJTF:
Return-on-Tangible-Equity: 2.38% (86% below median its 10-year median of 17.00)
GF Value™: $94.33 vs. price of $62.06 (34.2% below fair value)
Industry Position: 73.6% below the Transportation median (#648 of 977)
No single metric tells the full story. See the CGJTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cargojet Inc operates a domestic air cargo co-load network between several Canadian cities. The company also provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance, and Insurance basis, operating between points in Canada, the USA, South America, Europe, and Asia. In addition, it operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, the UK, and Germany, between Canada and Asia, and between Canada and Mexico.
81GF Score
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