CDNL (Cardinal Infrastructure Group) Return-on-Tangible-Asset: 3.53% (As of Mar. 2026) — 80% Below Median


CDNL Cardinal Infrastructure Group Inc CDNL
19 GF Score
Price $68.17
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What is Cardinal Infrastructure Group Return-on-Tangible-Asset?

Cardinal Infrastructure Group CDNL -3.50% 19 Return-on-Tangible-Asset is 3.53% as of Mar. 2026, which is 80% below its 10-year median of 17.44. GuruFocus rates CDNL with a GF Score™ of 19/100. Among 1,779 Construction companies, Cardinal Infrastructure Group ranks better than 72.34% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Cardinal Infrastructure Group's annualized Net Income for the quarter that ended in Mar. 2026 was $13.7 Mil. Cardinal Infrastructure Group's average total tangible assets for the quarter that ended in Mar. 2026 was $387.6 Mil. Therefore, Cardinal Infrastructure Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.53%.

The historical rank and industry rank for Cardinal Infrastructure Group's Return-on-Tangible-Asset or its related term are showing as below:

CDNL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.54   Med: 17.44   Max: 18.41
Current: 6.54

During the past 3 years, Cardinal Infrastructure Group's highest Return-on-Tangible-Asset was 18.41%. The lowest was 6.54%. And the median was 17.44%.

CDNL's Return-on-Tangible-Asset is ranked better than
72.34% of 1779 companies
in the Construction industry
Industry Median: 3.03 vs CDNL: 6.54

Cardinal Infrastructure Group  (NAS:CDNL) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Cardinal Infrastructure Group Return-on-Tangible-Asset Related Terms


Cardinal Infrastructure Group Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Cardinal Infrastructure Group's Return-on-Tangible-Asset 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.

Cardinal Infrastructure Group Return-on-Tangible-Asset Chart

Cardinal Infrastructure Group Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Asset
18.41 17.44 9.28

Cardinal Infrastructure Group Quarterly Data
Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial 16.44 15.95 -5.65 16.27 3.53

CDNL vs AMRC, WLDN, ORN: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Cardinal Infrastructure Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Cardinal Infrastructure Group Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Cardinal Infrastructure Group's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Cardinal Infrastructure Group's Return-on-Tangible-Asset falls into.


CDNL
19GF Score
Cardinal Infrastructure Group Inc CDNL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Cardinal Infrastructure Group Return-on-Tangible-Asset Calculation

Cardinal Infrastructure Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=22.686/( (133.263+355.563)/ 2 )
=22.686/244.413
=9.28 %

Cardinal Infrastructure Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=13.672/( (355.563+419.586)/ 2 )
=13.672/387.5745
=3.53 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets 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.

What does a Return-on-Tangible-Asset of 3.53% mean?
Cardinal Infrastructure Group (CDNL) has a Return-on-Tangible-Asset of 3.53% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cardinal Infrastructure Group and its competitors. This is 80% below median its historical median of 17.44. Over the past decade, Cardinal Infrastructure Group's Return-on-Tangible-Asset has ranged from 6.54 to 18.41. According to the industry distribution chart, Cardinal Infrastructure Group ranks #492 out of 1779 companies in the Construction industry, placing it in the top 27.7%.
Is Cardinal Infrastructure Group's Return-on-Tangible-Asset too high?
Cardinal Infrastructure Group's current Return-on-Tangible-Asset of 3.53% is 80% below median its 10-year median of 17.44. Over the past 10 years, this metric has ranged from a low of 6.54 to a high of 18.41. The Construction industry median Return-on-Tangible-Asset is 3.03. Cardinal Infrastructure Group's value of 3.53% is 16.5% above this industry median. Based on the distribution chart, Cardinal Infrastructure Group ranks #492 out of 1779 companies in the Construction industry, which is above the industry midpoint. Overall, Cardinal Infrastructure Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Cardinal Infrastructure Group's Return-on-Tangible-Asset compare to AMRC and WLDN?
According to the Construction industry distribution chart, Cardinal Infrastructure Group ranks #492 out of 1779 companies for Return-on-Tangible-Asset. This puts Cardinal Infrastructure Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.03. Cardinal Infrastructure Group's value of 3.53% is 16.5% above this benchmark. Historically, Cardinal Infrastructure Group's own Return-on-Tangible-Asset has ranged from 6.54 to 18.41 over the past decade. While the company's 10-year median is 17.44 vs. the industry median of 3.03, Cardinal Infrastructure Group has consistently been above 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-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.03, based on 1,779 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cardinal Infrastructure Group's current Return-on-Tangible-Asset of 3.53% is 16.5% above 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cardinal Infrastructure Group and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardinal Infrastructure Group's current Return-on-Tangible-Asset is 3.53%, which is 80% below median its own 10-year median of 17.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardinal Infrastructure Group stock overvalued right now?
Cardinal Infrastructure Group (CDNL) has a current Return-on-Tangible-Asset of 3.53%. The current Return-on-Tangible-Asset is 3.53%, which is 80% below median its 10-year median of 17.44 and 16.5% above the Construction industry median of 3.03. Cardinal Infrastructure Group's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Cardinal Infrastructure Group (CDNL), the current Return-on-Tangible-Asset is 3.53% 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.

Cardinal Infrastructure Group Business Description

Address 100 East Six Forks Road, Suite 300, Raleigh, NC, USA, 27609
Cardinal Infrastructure Group Inc provides a comprehensive suite of infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets. The company provides wet utility installations (water, sewer, and stormwater systems), as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. It derives all revenue in the United States of America from construction projects based in North Carolina and South Carolina.
19GF Score

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

$68.17
Price