Cardno Limited (COLDF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Cardno Limited (COLDF) trades at $0.17. Cardno Limited (COLDF) is a specialist firm providing infrastructure, environmental, and international development services, primarily in Latin America. Market cap: $6.64M, Sector: Industrials.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for COLDF: COLDF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates COLDF against Industrials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
COLDF: 1/1 perspectives are bearish.
How is this calculated? →Cardno Limited (COLDF) Industrial Operations Profile
Cardno Limited (COLDF) is an Australian-based specialist firm delivering critical infrastructure and environmental consulting services, alongside international development initiatives, with a specific focus on Latin America. The company supports communities by enhancing physical and social structures, serving a broad client base across sectors like defense, energy, and government.
What Is the Investment Thesis for COLDF?
Cardno Limited (COLDF) presents a unique profile within the Industrials sector, leveraging its established expertise in infrastructure, environmental services, and international development, particularly within Latin America. The company's broad service portfolio and diverse client base across sectors like defense, energy, and government provide a degree of operational resilience. Financially, COLDF exhibits a P/E ratio of 0.7, a profit margin of 99.8%, and a gross margin of 54.4%, indicating strong profitability relative to its current market valuation of $0.01 billion. An exceptionally high dividend yield of 268.57% warrants further investor scrutiny. Growth catalysts are primarily driven by ongoing global demand for sustainable infrastructure, increasing environmental regulatory compliance needs, and continued international funding for development projects. However, its listing on the OTC Other tier introduces heightened risks concerning liquidity, disclosure, and price volatility, which investors must carefully evaluate alongside its operational strengths.
Based on FMP financials and quantitative analysis
COLDF Key Highlights
- Market Capitalization: $0.01B, indicating a micro-cap status within the engineering and construction industry.
- P/E Ratio: 0.65, suggesting a potentially undervalued earnings multiple relative to its profitability.
- Profit Margin: 99.8%, reflecting highly efficient operations and strong bottom-line performance.
- Gross Margin: 54.4%, demonstrating robust profitability from its core engineering and consulting services.
- Dividend Yield: 268.57%, an exceptionally high yield that requires careful analysis regarding its sustainability and underlying financial health.
Who Are COLDF's Competitors?
COLDF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| EKIVF Enka Insaat ve Sanayi A.S. | $1.12 | +7.14% | $6.39B | 64 |
| AGX Argan, Inc. | $738.72 | +4.61% | $10.36B | 62 |
| LGN Legence Corp. | $77.08 | +1.64% | $9.33B | 60 |
| ECG Everus Construction Group, Inc. | $143.13 | +3.52% | $7.31B | 59 |
| KBAGF Koninklijke BAM Groep nv | $12.80 | +22.84% | $3.29B | 49 |
| MSW Ming Shing Group Holdings Limited | $1.30 | +2.36% | $16.87M | 49 |
| APG APi Group Corporation | $42.70 | +1.70% | $18.50B | 49 |
| BOUYF Bouygues S.A. | $59.34 | +0.00% | $22.91B | 49 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are COLDF's Key Strengths?
- Established expertise and long operating history since 1945.
- Diverse service portfolio spanning infrastructure, environmental, and international development.
- Broad client base across multiple critical industries.
- High profit margin (99.8%) and gross margin (54.4%) indicating operational efficiency.
- Specific geographic focus on Latin America, leveraging regional growth.
What Are COLDF's Weaknesses?
- Trades on the OTC Other tier, implying higher risk and potentially lower liquidity.
- Relatively small market capitalization ($0.01B), which can lead to higher volatility.
- Potential for geographic concentration risk due to specific focus on Latin America.
- Limited public disclosure information due to OTC Other tier status.
What Could Drive COLDF Stock Higher?
- Increased government spending on infrastructure projects in Latin America, driving demand for Cardno's engineering and construction oversight services.
- Expansion of environmental regulatory frameworks globally, particularly in regions where Cardno operates, increasing the need for compliance and remediation services.
- Continued international funding for development projects focused on climate change adaptation, economic growth, and public health, aligning with Cardno's international development initiatives.
- Potential new contract awards in the energy or transportation sectors, which could significantly boost revenue and project pipeline.
- Adoption of new technologies or digital solutions within its service offerings, enhancing efficiency and competitive advantage.
What Are the Key Risks for COLDF?
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Exposure to economic and political instability in Latin American markets, which could impact project funding and operational continuity.
- Intense competition within the fragmented engineering and construction industry, potentially leading to pricing pressures and reduced contract wins.
- Risks associated with operating on the OTC Other tier, including limited liquidity, disclosure, and heightened price volatility.
- Fluctuations in commodity prices, which could affect clients in the mining and resources sector, subsequently impacting Cardno's project pipeline.
- Regulatory changes or shifts in environmental policies that could alter demand for specific services or increase compliance costs.
What Are the Growth Opportunities for COLDF?
- Latin American Infrastructure Development: The ongoing need for modernized and expanded infrastructure across Latin America presents a significant growth avenue. Governments in the region are continually investing in transportation networks, utilities, and urban development to support economic growth and improve living standards. Cardno's established presence and expertise in civil engineering, urban planning, and construction oversight position it to secure contracts in this growing market, which is driven by both public and private sector investments in critical infrastructure projects.
- Environmental Consulting and Sustainability Mandates: Increasing global awareness of climate change and stricter environmental regulations are driving demand for specialized environmental consulting services. Companies and governments require expertise in impact assessments, permitting, regulatory compliance, and site remediation. Cardno's comprehensive environmental solutions, including sustainability strategies and water resource management, align directly with these trends, offering opportunities to expand its client base as organizations prioritize environmental stewardship and compliance.
- International Development Initiatives: Global funding for international development programs remains robust, particularly in areas like climate change adaptation, economic growth, and public health. Cardno's involvement in agriculture, education, and social impact management within these initiatives provides a stable revenue stream. As international aid organizations and governments continue to invest in improving conditions in developing regions, Cardno's expertise in managing complex, multi-faceted projects positions it as a valuable partner in these long-term, impactful endeavors.
- Specialized Utility Engineering Modernization: The global utility sector is undergoing significant transformation, driven by the need to modernize aging infrastructure, integrate renewable energy sources, and implement smart grid technologies. Cardno's specialized utility engineering services, including data acquisition and asset management, are crucial for these upgrades. Opportunities exist in assisting utility providers with infrastructure planning, design, and implementation, ensuring reliable and efficient delivery of essential services to growing populations and industries.
- Asset Management and Digital Solutions for Infrastructure: With an increasing stock of infrastructure assets globally, efficient asset management is paramount. This includes leveraging digital tools for monitoring, maintenance, and long-term planning. Cardno's capabilities in asset management and data acquisition provide a competitive edge in helping clients optimize the lifecycle of their infrastructure investments. The market for digital solutions in infrastructure management is expanding rapidly, offering Cardno opportunities to integrate advanced technologies and data analytics into its service offerings.
What Opportunities Does COLDF Have?
- Growing demand for sustainable infrastructure development in Latin America.
- Increasing global focus on environmental compliance and climate change adaptation.
- Continued funding and expansion of international development initiatives.
- Modernization and expansion needs within the specialized utility engineering sector.
- Demand for advanced asset management and digital solutions for existing infrastructure.
What Threats Does COLDF Face?
- Economic downturns or political instability in Latin American markets impacting project spending.
- Intense competition from larger, more established engineering and construction firms.
- Regulatory changes or policy shifts affecting environmental or infrastructure projects.
- Currency fluctuations impacting international project revenues and costs.
- Reputational risks and investor skepticism associated with OTC market trading.
What Are COLDF's Competitive Advantages?
- Specialized expertise in complex infrastructure, environmental, and international development challenges.
- Established presence and extensive client relationships, particularly within Latin America.
- Diverse service offerings that provide integrated solutions across engineering, environmental, and social sectors.
- Long operating history since 1945, indicating deep industry knowledge, experience, and a strong reputation.
- Broad client base across multiple industries, reducing reliance on any single sector or client type.
What Does COLDF Do?
Cardno Limited, established in 1945 with its main office in Fortitude Valley, Australia, is a specialist firm dedicated to enhancing and developing the physical and social structures that support communities globally, with a specific emphasis on Latin America. The company offers a comprehensive suite of infrastructure services, including asset management, civil engineering, construction oversight, urban planning, and landscape architecture. Its expertise extends to specialized utility engineering, surveying, and advanced data acquisition techniques, all designed to support robust and sustainable development. Beyond infrastructure, Cardno provides extensive environmental solutions, encompassing permitting and regulatory compliance, thorough impact assessments, and the development of sustainability strategies. The firm is also proficient in environmental management and restoration, water resource management, geotechnical studies, and the critical remediation of contaminated sites. Further expanding its global impact, Cardno is actively involved in international development initiatives. These programs address vital areas such as agriculture and rural progress, climate change adaptation, economic growth strategies, educational support, global health programs, and market linkages. The company also advises on public finance administration and the effective management of social and environmental impacts within development projects. Cardno serves a diverse and extensive client base across numerous industries, including defense, energy, government, industrial, international development, land management, mining and resources, property and buildings, transportation, utilities, and water sectors, positioning itself as a multifaceted partner in global development.
What Products and Services Does COLDF Offer?
- Provide civil engineering and construction oversight for diverse infrastructure projects.
- Offer urban planning, landscape architecture, surveying, and specialized utility engineering services.
- Deliver comprehensive environmental solutions, including permitting, regulatory compliance, and impact assessments.
- Specialize in environmental management, restoration, water resource management, and geotechnical studies.
- Conduct remediation of contaminated sites to meet environmental standards.
- Engage in international development initiatives focused on agriculture, rural progress, and economic growth.
- Implement climate change adaptation strategies and global health programs.
- Offer expertise in public finance administration and social/environmental impact management.
How Does COLDF Make Money?
- Generates revenue through professional engineering, consulting, and project management service fees.
- Secures contracts for infrastructure development, environmental remediation, and advisory projects.
- Provides expertise for international development programs, often funded by governmental or non-governmental organizations.
- Offers specialized technical services on a project-by-project basis or through long-term contractual agreements.
- Serves a broad client base across various sectors, including defense, energy, and government, diversifying revenue streams.
What Industry Does COLDF Operate In?
Cardno Limited operates within the highly specialized and competitive Engineering & Construction industry, focusing on infrastructure and environmental services. The global industry is characterized by increasing demand for sustainable and resilient infrastructure, driven by urbanization, population growth, and the urgent need for climate change adaptation. Cardno's specific geographic focus on Latin America positions it to capitalize on regional development initiatives and government spending on public works. The environmental consulting segment is experiencing growth due to stricter regulatory frameworks and corporate sustainability mandates. While the industry is fragmented with numerous local and international players, Cardno differentiates itself through its comprehensive service offering that spans engineering, environmental, and international development, catering to a broad spectrum of public and private sector clients.
Who Are COLDF's Key Customers?
- Government agencies (local, national, and international).
- Defense and energy sector clients.
- Industrial and mining companies.
- International development organizations and aid agencies.
- Property developers, land managers, and building owners.
- Transportation authorities and utility providers.
- Water sector entities requiring resource management and infrastructure solutions.
Company Profile
Cardno Limited operates in the Engineering & Construction industry within the Industrials sector. It is headquartered in Sydney, AU. The company is led by CEO Nathanial Thomson. COLDF has traded publicly since 2010.
How Cardno Limited Is Valued
Cardno Limited carries a market capitalization of $6.64M, placing it in the micro-cap category.
ROE 61%Key Financial Metrics
Return on equity for Cardno Limited stands at 61.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 89.7%, showing how much profit it generates from its asset base. COLDF trades at a trailing price-to-earnings ratio of 0.65, below the Industrials sector average of ~30x. Its free cash flow yield is 35.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 4.84 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 153.1%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 2/9Financial Health
Cardno Limited's Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 9.07 places it in the safe zone, indicating low near-term bankruptcy risk.
FY2026 estForward Outlook
Wall Street analysts project Cardno Limited revenue of about $1.29B for fiscal 2026, with EPS near $0.00.
COLDF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Established expertise and long operating history since 1945.
- Diverse service portfolio spanning infrastructure, environmental, and international development.
- Broad client base across multiple critical industries.
- High profit margin (99.8%) and gross margin (54.4%) indicating operational efficiency.
Bear Case
- Trades on the OTC Other tier, implying higher risk and potentially lower liquidity.
- Relatively small market capitalization ($0.01B), which can lead to higher volatility.
- Potential for geographic concentration risk due to specific focus on Latin America.
- Limited public disclosure information due to OTC Other tier status.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
COLDF Latest News
No recent news available for COLDF.
COLDF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for COLDF.
Price Targets
Wall Street price target analysis for COLDF.
COLDF MoonshotScore
What does this score mean?
The MoonshotScore rates COLDF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Nathanial Thomson
Unknown
Unknown
Track Record: Unknown
COLDF OTC Market Information
Cardno Limited (COLDF) trades on the OTC Other tier, which represents the lowest tier of the OTC Markets Group's three marketplaces. Unlike companies on major exchanges like NYSE or NASDAQ, or even OTCQX and OTCQB, companies on the OTC Other tier are not required to meet specific financial reporting standards with the SEC. This tier typically includes companies that are not willing or able to provide current information, or those in default, indicating a significantly higher risk profile for investors due to limited transparency and oversight.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Low liquidity and wide bid-ask spreads, making it difficult to trade shares efficiently.
- Limited or unknown public disclosure, hindering informed investment decisions.
- Increased susceptibility to price manipulation due to low trading volume and lack of oversight.
- Difficulty in obtaining reliable and timely financial information about the company.
- Higher volatility compared to exchange-listed stocks due to fewer market participants.
- Verify any available financial statements and reports, even if unaudited.
- Research the background and track record of the company's management team.
- Thoroughly assess the company's core business operations, client base, and project pipeline.
- Check for any regulatory actions, legal issues, or past enforcement against the company or its executives.
- Understand the typical trading volume and bid-ask spread to gauge potential liquidity challenges.
- Evaluate the company's long-term viability and competitive position within its industry.
- Seek independent analysis or news from reputable sources, if available.
- Long operating history since 1945, suggesting a foundational business.
- Clear and detailed business description of its services and sectors.
- Established headquarters in Fortitude Valley, Australia.
- Identified CEO, Nathanial Thomson, indicating active leadership.
Common Questions About COLDF (Industrials)
What specific services does Cardno Limited offer to its clients?
Cardno Limited provides a comprehensive array of specialized services across infrastructure, environmental, and international development sectors. Its infrastructure offerings include civil engineering, construction oversight, urban planning, landscape architecture, surveying, specialized utility engineering, asset management, and data acquisition. In environmental services, Cardno delivers permitting and regulatory compliance, impact assessments, sustainability strategies, environmental management and restoration, water resource management, geotechnical studies, and contaminated site remediation. Additionally, the company is involved in international development initiatives, covering agriculture, climate change adaptation, economic growth, educational support, global health, market linkages, public finance, and social/environmental impact management, primarily serving clients in Latin America.
What are the key financial metrics investors may want to evaluate for COLDF?
For Cardno Limited, investors should closely examine several key financial metrics. The company's P/E ratio of 0.7 suggests that its earnings are valued at a low multiple, potentially indicating undervaluation or market skepticism. Its high profit margin of 99.8% and gross margin of 54.4% are significant, reflecting strong operational efficiency and profitability from its core services. The market capitalization of $6.64M places it as a micro-cap stock, implying higher risk and potential volatility. Furthermore, an exceptionally high dividend yield of 268.57% warrants thorough investigation into its sustainability and the underlying financial health supporting such a payout, especially for an OTC-listed entity.
What are the main risks associated with investing in Cardno Limited, particularly given its OTC listing?
Investing in Cardno Limited carries several significant risks, exacerbated by its OTC Other tier listing. The primary risks include extremely low liquidity and wide bid-ask spreads, making it challenging to buy or sell shares without impacting the price. There is also limited or unknown public disclosure, hindering comprehensive due diligence. Operationally, the company faces exposure to economic and political instability in its key Latin American markets, which can disrupt project pipelines and revenue. The engineering and construction industry is highly competitive, potentially leading to pricing pressures. Furthermore, as an OTC stock, COLDF is more susceptible to price volatility and potential manipulation due to less regulatory oversight and fewer market participants.
What are the key factors to evaluate for COLDF?
Evaluate COLDF on fundamentals, analyst consensus, and risk factors. P/E: 0.7x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does COLDF data refresh on this page?
COLDF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven COLDF's recent stock price performance?
Cardno Limited (COLDF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established expertise and long operating history since 1945. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider COLDF overvalued or undervalued right now?
Cardno Limited (COLDF) trades at 0.7x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying COLDF?
Before investing in Cardno Limited (COLDF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based solely on the provided source data.
- CEO title, background, and track record were not provided in the source data and are marked as 'Unknown'.