Cardinal Infrastructure Group Inc. (CDNL) intrinsic value & 10-year financials
Cardinal Infrastructure Group Inc. (CDNL) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 4 fiscal years revenue grew 35.6% a year to $456.0M, with an average return on invested capital of -859.0%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $14.62
- Revenue (FY2025)
- $456.0M
- Revenue growth (4-yr CAGR)
- 35.6%
- ROIC (10-yr avg)
- -859.0%
- Free cash flow (FY2025)
- -$5.9M
CDNL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $456.0M | $22.7M | — | -$5.9M | 8.9% | 114.0% |
| FY2024 | $315.2M | $21.4M | — | $21.9M | 11.4% | 280.9% |
| FY2023 | $247.9M | $20.6M | — | $18.6M | 11.9% | -2972.1% |
| FY2022 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Cardinal Infrastructure Group Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Cardinal Infrastructure Group Inc. has earned high returns on invested capital, averaging 29.0% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Cardinal Infrastructure Group Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Cardinal Infrastructure Group Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment.