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CDD

CardnoASX:CDD Stock Report

Market Cap

AU$533.2m

7D

7.9%

1Y

362.7%

Updated

18 Oct, 2021

Data

Company Financials
CDD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends2/6

CDD Overview

Cardno Limited, a professional infrastructure and environmental services company, engages in the development and improvement of physical and social infrastructure for communities in Australia, New Zealand, the United States, the United Kingdom, Canada, Africa, Latin America, Asia, and internationally.

Cardno Competitors

CBRE Group

NYSE:CBRE

US$33.6b

China Railway Group

SHSE:601390

CN¥124.7b

Jacobs Engineering Group

NYSE:J

US$17.5b

WSP Global

TSX:WSP

CA$19.2b

Price History & Performance

Summary of all time highs, changes and price drops for Cardno
Historical stock prices
Current Share PriceAU$1.37
52 Week HighAU$0.26
52 Week LowAU$1.38
Beta0.89
1 Month Change26.39%
3 Month Change45.21%
1 Year Change362.71%
3 Year Change28.17%
5 Year Change28.77%
Change since IPO-7.77%

Recent News & Updates

Jun 25
We Think Cardno (ASX:CDD) Can Stay On Top Of Its Debt

We Think Cardno (ASX:CDD) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Mar 28
When Should You Buy Cardno Limited (ASX:CDD)?

When Should You Buy Cardno Limited (ASX:CDD)?

While Cardno Limited ( ASX:CDD ) might not be the most widely known stock at the moment, it led the ASX gainers with a...

Mar 07
Why You Might Be Interested In Cardno Limited (ASX:CDD) For Its Upcoming Dividend

Why You Might Be Interested In Cardno Limited (ASX:CDD) For Its Upcoming Dividend

Cardno Limited ( ASX:CDD ) is about to trade ex-dividend in the next 4 days. If you purchase the stock on or after the...

Shareholder Returns

CDDAU Commercial ServicesAU Market
7D7.9%-1.3%1.7%
1Y362.7%7.8%20.3%

Return vs Industry: CDD exceeded the Australian Commercial Services industry which returned 6.7% over the past year.

Return vs Market: CDD exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is CDD's price volatile compared to industry and market?
CDD volatility
CDD Beta0.89
Industry Beta0.91
Market Beta1

Stable Share Price: CDD is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CDD's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19454,000Susan Reisbordhttps://www.cardno.com

Cardno Limited, a professional infrastructure and environmental services company, engages in the development and improvement of physical and social infrastructure for communities in Australia, New Zealand, the United States, the United Kingdom, Canada, Africa, Latin America, Asia, and internationally. The Asia Pacific Engineering and Environmental segment provides services in civil, structural, water, environmental, coastal, bridge, geotechnical, subsurface utility, traffic, and transport engineering, as well as environmental science, surveying, landscape architecture, planning, and asset management. The Americas Engineering and Environmental segment offers environmental, water, transportation, energy and resources, land, buildings, and management services to private and public sector clients.

Cardno Fundamentals Summary

How do Cardno's earnings and revenue compare to its market cap?
CDD fundamental statistics
Market CapAU$533.16m
Earnings (TTM)AU$32.66m
Revenue (TTM)AU$894.86m

16.3x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CDD income statement (TTM)
RevenueAU$894.86m
Cost of RevenueAU$815.45m
Gross ProfitAU$79.41m
ExpensesAU$46.75m
EarningsAU$32.66m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.084
Gross Margin8.87%
Net Profit Margin3.65%
Debt/Equity Ratio8.0%

How did CDD perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

70%

Payout Ratio

Valuation

Is Cardno undervalued compared to its fair value and its price relative to the market?

36.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CDD (A$1.37) is trading below our estimate of fair value (A$2.14)

Significantly Below Fair Value: CDD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CDD is good value based on its PE Ratio (16.3x) compared to the Australian Commercial Services industry average (20.9x).

PE vs Market: CDD is good value based on its PE Ratio (16.3x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CDD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CDD is good value based on its PB Ratio (1.9x) compared to the AU Commercial Services industry average (2.5x).


Future Growth

How is Cardno forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.0%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cardno has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Cardno performed over the past 5 years?

41.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CDD has high quality earnings.

Growing Profit Margin: CDD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CDD has become profitable over the past 5 years, growing earnings by 41.1% per year.

Accelerating Growth: CDD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CDD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (7.9%).


Return on Equity

High ROE: CDD's Return on Equity (11.8%) is considered low.


Financial Health

How is Cardno's financial position?


Financial Position Analysis

Short Term Liabilities: CDD's short term assets (A$220.9M) exceed its short term liabilities (A$181.7M).

Long Term Liabilities: CDD's short term assets (A$220.9M) exceed its long term liabilities (A$94.4M).


Debt to Equity History and Analysis

Debt Level: CDD's debt to equity ratio (8%) is considered satisfactory.

Reducing Debt: CDD's debt to equity ratio has reduced from 27.1% to 8% over the past 5 years.

Debt Coverage: CDD's debt is well covered by operating cash flow (280.8%).

Interest Coverage: CDD's interest payments on its debt are well covered by EBIT (5.4x coverage).


Balance Sheet


Dividend

What is Cardno current dividend yield, its reliability and sustainability?

4.03%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CDD's dividend (4.03%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: CDD's dividend (4.03%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).


Stability and Growth of Payments

Stable Dividend: CDD's dividend payments have been volatile in the past 10 years.

Growing Dividend: CDD's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (69.8%), CDD's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Susan Reisbord

1.92yrs

Tenure

AU$1,341,879

Compensation

Ms. Susan Reisbord has been Chief Executive Officer and Managing Director of Cardno Limited since Cardno Limited since November 4, 2019. Ms. Reisbord is responsible for setting the strategic direction for...


CEO Compensation Analysis

Compensation vs Market: Susan's total compensation ($USD995.98K) is above average for companies of similar size in the Australian market ($USD736.11K).

Compensation vs Earnings: Susan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CDD's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: CDD's board of directors are considered experienced (5.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cardno Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Cardno Limited
  • Ticker: CDD
  • Exchange: ASX
  • Founded: 1945
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: AU$533.164m
  • Shares outstanding: 390.60m
  • Website: https://www.cardno.com

Number of Employees


Location

  • Cardno Limited
  • North Tower
  • Level 11
  • Fortitude Valley
  • Queensland
  • 4006
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:19
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.