CDNL Stock Analysis: Cardinal Infrastructure | NASDAQ
Engineering & Construction | NASDAQ, USA | Market Cap: 1.433m USD | 12M Return: 169.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 59.6M
Warnings
Tailwinds
Seasonality 0.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Cardinal Infrastructure Group Inc. (NASDAQ: CDNL) is a civil contracting company that delivers site development and infrastructure services across the southeastern United States. The company serves a diverse client base spanning residential, commercial, industrial, municipal, and state infrastructure markets, offering wet utility installations (including water, sewer, and stormwater systems) along with grading, site clearing, erosion control, drilling and blasting, paving, and related site services. Founded in 2013 and headquartered in Raleigh, North Carolina, the firm previously operated as Civil Infrastructure Group Inc. before adopting its current name in September 2025.
Operating within the Industrials sector and the Construction & Engineering sub-industry, Cardinal Infrastructure Group participates in a segment driven by demographic growth, urbanization, and public spending on water and transportation infrastructure. Civil contractors in this space typically generate revenue through project-based contracts awarded by both private developers and government entities, with workload often influenced by regional population trends, housing demand, and federal or state funding cycles for utilities and roadway improvements.
- Southeast housing demand fuels site development backlog growth
- IIJA funding accelerates municipal water and sewer contract awards
- Fuel and material cost inflation pressures fixed-price project margins
| Net Income: 20.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: error (cannot be calculated; needs FCF TTM/prev and Total Assets current/prev) |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA 0.05 > 3% & CFO 35.1m > Net Income 20.6m |
| Net Debt (214.4m) to EBITDA (82.1m): 2.61 < 3 |
| Current Ratio: 1.73 > 1.5 & < 3 |
| Outstanding Shares: last fiscal year (14.8m) vs prev 12.03% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: error (current vs previous; cannot be calculated due to missing/invalid data) |
| Interest Coverage Ratio: 5.84 > 6 (EBIT TTM 47.0m / Interest Expense TTM 8.05m) |
| A: 0.15 (Total Current Assets 228.1m - Total Current Liabilities 131.9m) / Total Assets 657.3m |
| B: 0.01 (Retained Earnings 4.28m / Total Assets 657.3m) |
| C: 0.07 (EBIT TTM 47.0m / Avg Total Assets 657.3m) |
| D: 0.18 (Book Value of Equity 70.4m / Total Liabilities 395.3m) |
| Altman-Z'' = 1.65 = BB |
As of July 09, 2026, the stock is trading at USD 68.29 with a total of 812,634 shares traded. Over the past week, the price has changed by -27.51%, over one month by +11.35%, over three months by +59.00% and over the past year by +169.81%.
Current recommended Stop Loss: 59.60 (which is 12.7% or 1.2 ATR below the current price).
Cardinal Infrastructure has no consensus analysts rating.
P/E Trailing = 55.0
P/E Forward = 52.6316
P/S = 2.6446
P/B = 23.618
Revenue TTM = 541.8m USD
EBIT TTM = 47.0m USD
EBITDA TTM = 82.1m USD
Long Term Debt = 185.9m USD (from longTermDebt, last quarter)
Short Term Debt = 19.1m USD (from shortTermDebt, last quarter)
Debt = 258.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 31.2m
Net Debt = 214.4m USD (calculated: Debt 258.4m - CCE 44.0m)
Enterprise Value = 1.65b USD (1.43b + Debt 258.4m - CCE 44.0m)
Interest Coverage Ratio = 5.84 (Ebit TTM 47.0m / Interest Expense TTM 8.05m)
EV/FCF = -215.7x (Enterprise Value 1.65b / FCF TTM -7.64m)
FCF Yield = -0.46% (FCF TTM -7.64m / Enterprise Value 1.65b)
FCF Margin = -1.41% (FCF TTM -7.64m / Revenue TTM 541.8m)
Net Margin = 3.81% (Net Income TTM 20.6m / Revenue TTM 541.8m)
Gross Margin = 21.01% ((Revenue TTM 541.8m - Cost of Revenue TTM 427.9m) / Revenue TTM)
Gross Margin QoQ = 20.41% (prev 21.41%)
Tobins Q-Ratio = 2.51 (Enterprise Value 1.65b / Total Assets 657.3m)
Interest Expense / Debt = 3.11% (Interest Expense 8.05m / Debt 258.4m)
Taxrate = 7.75% (3.02m / 39.0m)
NOPAT = 43.4m (EBIT 47.0m * (1 - 7.75%))
Current Ratio = 1.73 (Total Current Assets 228.1m / Total Current Liabilities 131.9m)
Debt / Equity = 3.67 (Debt 258.4m / totalStockholderEquity, last quarter 70.4m)
Debt / EBITDA = 2.61 (Net Debt 214.4m / EBITDA 82.1m)
Debt / FCF = -28.08 (negative FCF - burning cash) (Net Debt 214.4m / FCF TTM -7.64m)
Total Stockholder Equity = 58.5m (last fiscal year from totalStockholderEquity)
RoA = 3.14% (Net Income 20.6m / Total Assets 657.3m)
RoE = 35.28% (Net Income TTM 20.6m / Total Stockholder Equity 58.5m)
RoCE = 19.23% (EBIT 47.0m / Capital Employed (Equity 58.5m + L.T.Debt 185.9m))
RoIC = 8.38% (NOPAT 43.4m / Invested Capital 517.4m)
WACC = 11.27% (E(1.43b)/V(1.69b) * Re(12.79%) + D(258.4m)/V(1.69b) * Rd(3.11%) * (1-Tc(0.08)))
Discount Rate = 12.79% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.46 | Cagr: 11.39%
[DCF] Fair Price = unknown (Cash Flow -7.64m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.48 | Chg30d=+0.00% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.57 | Chg30d=+0.00% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=1.99 | Chg30d=+0.00% | Revisions=+40% | GrowthEPS=+0.0% | GrowthRev=+56.2%
EPS next Year (2027-12-31): EPS=2.07 | Chg30d=+0.00% | Revisions=+40% | GrowthEPS=+4.3% | GrowthRev=+10.5%
[Analyst] Revisions Ratio: +36% (up=6, down=2)