Cardinal Infrastructure Group Inc. (CDNL) Key Metrics
CDNL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $313.4M
- Enterprise value
- $503.6M
- P/E (TTM)
- 15.2
- Forward P/E
- 13.2
- PEG ratio
- —
- Price / sales
- 0.5
- Price / book
- 2.5
- EV / EBITDA
- 5.8
- Dividend yield
- —
- Beta
- —
CDNL key metrics, 2023–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCDNL returns How much profit the business earns on the capital it uses.
CDNL per-share figures Results divided by the shares outstanding at year-end.
CDNL financial health Debt, liquidity and how easily interest is covered.
CDNL efficiency & capital use Working capital cycle and where the cash goes.
CDNL valuation history
CDNL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CDNL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CDNL cash returned to shareholders
CDNL price vs earnings per share
CDNL key metrics
2023–2025| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Valuation | |||
| Market capitalization | $358.1M | — | — |
| Enterprise value | $398.2M | — | — |
| P/E ratio | 15.8 | — | — |
| Price / sales | 0.8 | — | — |
| Price / book | 6.1 | — | — |
| Price / operating cash flow | 9.4 | — | — |
| EV / sales | 0.9 | — | — |
| EV / EBITDA | 5.5 | — | — |
| Earnings yield | 6.3% | — | — |
| Free cash flow yield | −1.7% | — | — |
| Dividend yield | 6.5% | — | — |
| Shareholder yield (dividends + buybacks) | 6.5% | — | — |
| Share price at fiscal year-end | $24.18 | — | — |
| Per share | |||
| Revenue per share | $30.80 | $23.84 | $18.76 |
| Earnings per share | $1.53 | $1.62 | $1.56 |
| Operating cash flow per share | $2.56 | — | $2.34 |
| Free cash flow per share | −$0.40 | — | $1.41 |
| Cash per share | $6.56 | — | $0.55 |
| Book value per share | $3.95 | — | $0.03 |
| Tangible book value per share | $1.31 | — | −$0.50 |
| Dividends per share | $1.58 | — | $0.69 |
| Capex per share | $2.96 | $0.00 | $0.93 |
| Debt per share | $9.27 | — | $4.18 |
| Shares outstanding | 14.8M | 13.2M | 13.2M |
| Change in shares outstanding | +12.0% | 0.0% | — |
| Returns & profitability | |||
| Return on equity (ROE) | 38.8% | — | — |
| Return on invested capital (ROIC) | 38.4% | — | 48.2% |
| Return on assets (ROA) | 5.7% | — | 17.3% |
| Return on tangible assets | 6.4% | — | 18.4% |
| Free cash flow margin | −1.3% | — | 7.5% |
| Income quality (OCF / net income) | 1.67 | — | 1.50 |
| Financial health | |||
| Total debt | $137.3M | — | $55.2M |
| Cash & short-term investments | $97.1M | — | $7.2M |
| Net debt | $40.1M | — | $48.0M |
| Debt / equity | 2.35 | — | 124.53 |
| Debt / assets | 0.35 | — | 0.46 |
| Net debt / EBITDA | 0.56 | — | 1.11 |
| Current ratio | 2.35 | — | 0.83 |
| Quick ratio | 2.35 | — | 0.83 |
| Interest coverage | 5.9 | 8.0 | 7.4 |
| Working capital | $124.0M | — | −$12.3M |
| Invested capital | $98.6M | — | $48.4M |
| Tangible asset value | $100.5M | — | $418,498 |
| Net current asset value | −$39.4M | — | −$50.0M |
| Graham number | $11.66 | — | $1.08 |
| Graham net-net per share | −$4.78 | — | −$4.91 |
| Capital allocation | |||
| Dividends paid | $23.4M | — | $9.2M |
| Dividend payout ratio | 103.3% | — | 44.5% |
| Dividends + buybacks / free cash flow | — | — | 49.2% |
| Capex / revenue | 9.6% | 0.0% | 4.9% |
| Capex / operating cash flow | 115.6% | — | 39.7% |
| Capex / depreciation | 1.35 | 0.00 | 0.93 |
| Stock-based compensation / revenue | 1.3% | 0.0% | 0.0% |
| SG&A / revenue | 5.2% | 3.4% | 2.3% |
| Efficiency | |||
| Days sales outstanding | 93.0 | — | 76.9 |
| Days payables outstanding | 61.5 | — | 75.7 |
| Cash conversion cycle (days) | 31.5 | — | 1.2 |
| Receivables turnover | 3.93 | — | 4.75 |
| Payables turnover | 5.94 | — | 4.82 |
| Asset turnover | 1.16 | — | 2.09 |
| Average receivables | $116.2M | — | $52.2M |
| Average payables | $60.6M | — | $41.3M |
| Intangibles / total assets | 9.9% | — | 5.9% |
Computed from CDNL's annual financial statements (latest annual report filed March 23, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CDNL valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Cardinal Infrastructure traded at 15.8 times earnings. Based on the latest twelve months, the trailing P/E is 15.2 and the forward P/E is 13.2. Cardinal Infrastructure earned a return on equity of 38.8% and a return on invested capital of 38.4% in fiscal 2025. It ended the year with $137.3 million of debt and $97.1 million in cash and short-term investments, net debt of $40.1 million. It returned $23.4 million to shareholders: $23.4 million in dividends and $0 in share buybacks.
See the CDNL income statement, the CDNL chart for price history, or the CDNL stock overview for the latest quote and news.
CDNL key metrics FAQ
What is Cardinal Infrastructure's P/E ratio?
Cardinal Infrastructure's trailing P/E ratio is 15.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 13.2. At the end of fiscal 2025 it was 15.8.
What is Cardinal Infrastructure's EV/EBITDA?
Cardinal Infrastructure's enterprise value was 5.5 times EBITDA at the end of fiscal 2025 (enterprise value $398.2 million, EBITDA $72.3 million); the current EV/EBITDA is 5.8.
What is Cardinal Infrastructure's return on equity?
Cardinal Infrastructure's return on equity (ROE) was 38.8% in fiscal 2025: net income of $22.7 million on average shareholders' equity of $58.5 million.
What is Cardinal Infrastructure's ROIC?
Cardinal Infrastructure's return on invested capital was 38.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Cardinal Infrastructure have?
Cardinal Infrastructure had total debt of $137.3 million at the end of fiscal 2025, a debt-to-equity ratio of 2.35 and $40.1 million of net debt (0.56 times EBITDA).
What is Cardinal Infrastructure's dividend yield?
Cardinal Infrastructure paid $23.4 million in dividends in fiscal 2025 ($1.58 per share), a payout ratio of 103.3%.
What is Cardinal Infrastructure's free cash flow yield?
Cardinal Infrastructure generated -$5.9 million of free cash flow in fiscal 2025, a free cash flow yield of −1.7% on its market value at year-end ($358.1 million).
What is Cardinal Infrastructure's current ratio?
Cardinal Infrastructure's current ratio was 2.35 at the end of fiscal 2025: current assets were 2.35 times current liabilities.