Cardinal Infrastructure GroupCDNL -13.84%19 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates CDNL with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,704 Construction companies, Cardinal Infrastructure Group ranks better than 99.94% 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. Cardinal Infrastructure Group's annualized net income for the quarter that ended in Mar. 2026 was $13.7 Mil. Cardinal Infrastructure Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-73.9 Mil. Therefore, Cardinal Infrastructure Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Cardinal Infrastructure Group's Return-on-Tangible-Equity or its related term are showing as below:
CDNL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 187.92 Med: 187.92 Max: 187.92
Current: Negative Tangible Equity
During the past 3 years, Cardinal Infrastructure Group's highest Return-on-Tangible-Equity was 187.92%. The lowest was 187.92%. And the median was 187.92%.
CDNL's Return-on-Tangible-Equity is ranked better than 99.94% of 1704
companies
in the Construction industry
Industry Median: 8.245
vs CDNL: Negative Tangible Equity
Cardinal Infrastructure Group (NAS:CDNL) Return-on-Tangible-Equity Explanation
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.
Cardinal Infrastructure Group Return-on-Tangible-Equity Related Terms
Cardinal Infrastructure Group Return-on-Tangible-Equity Historical Data
* 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-Equity Chart
CDNL vs AMRC, WLDN, ORN: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Cardinal Infrastructure Group'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.
Cardinal Infrastructure Group Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Cardinal Infrastructure Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cardinal Infrastructure Group'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 Negative Tangible Equity% mean?
Cardinal Infrastructure Group (CDNL) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Cardinal Infrastructure Group and its competitors. Over the past decade, Cardinal Infrastructure Group's Return-on-Tangible-Equity has ranged from 187.92 to 187.92. According to the industry distribution chart, Cardinal Infrastructure Group ranks #1 out of 1704 companies in the Construction industry, placing it in the top 0.099999999999994%.
Is Cardinal Infrastructure Group's Return-on-Tangible-Equity too high?
Cardinal Infrastructure Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 187.92 to a high of 187.92. Based on the distribution chart, Cardinal Infrastructure Group ranks #1 out of 1704 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. 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-Equity compare to AMRC and WLDN?
According to the Construction industry distribution chart, Cardinal Infrastructure Group ranks #1 out of 1704 companies for Return-on-Tangible-Equity. This places Cardinal Infrastructure Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. Historically, Cardinal Infrastructure Group's own Return-on-Tangible-Equity has ranged from 187.92 to 187.92 over the past decade. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,704 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. 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 Cardinal Infrastructure Group and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — 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-Equity is Negative Tangible Equity%. 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-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Cardinal Infrastructure Group's overall GF Score™ is 19/100 with 4 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 Cardinal Infrastructure Group (CDNL), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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
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
Get the complete analysis for CDNL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CDNL has been successfully added to your 