BWMN vs CDNL

Bowman Consulting Group Ltd. vs Cardinal Infrastructure Group I — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — BWMN scores higher on quality with 8.5/10 vs CDNL's 6.5/10. BWMN trades at $32.52 while CDNL trades at $56.61. Both analyzed daily using SEC EDGAR data across 13 institutional models.

BWMN

Engineering & Construction
Bowman Consulting Group Ltd.
Quality
8.5
out of 10
Value Trap
35
LOW
Price
$32.52
Last close
Models
12/13
Active
VS

CDNL

Engineering & Construction
Cardinal Infrastructure Group I
Quality
6.5
out of 10
Value Trap
Price
$56.61
Last close
Models
11/13
Active
BWMN
Quality Score 8.5/10 — top tier
Limited to 2/13 visible models
CDNL
2 models active
Limited to 2/13 visible models

BWMN vs CDNL — Fair Value Comparison

BWMN
$0$13$26$38 Price$32.52 Bayesian …$7.93 (-75.6%) Earnings …$3.03 (-90.7%)
CDNL
$0$22$45$67 Price$56.61 Bayesian …$14.80 (-73.9%) Earnings …$5.41 (-90.5%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType BWMN Fair ValueBWMN Upside CDNL Fair ValueCDNL Upside
Bayesian DCF Intrinsic $7.93 -75.6% $14.80 -73.9%
Earnings Power Value Intrinsic $3.03 -90.7% $5.41 -90.5%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

BWMN vs CDNL — Which Stock Is More Undervalued in 2026?

BWMN scores higher with a 8.5/10 quality rating vs CDNL's 6.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do BWMN and CDNL Valuations Compare?

At $32.52, BWMN trades +75.6% above its Bayesian DCF fair value of $7.93, while CDNL at $56.61 trades +73.9% above its estimate of $14.80. BWMN shows a wider gap between price and intrinsic value.

Quality of Company: BWMN vs CDNL

BWMN earns a Quality of Company score of 8.5/10 compared to CDNL's 6.5/10. This moderate difference suggests one company has an edge in fundamental quality, though both may offer investment merit depending on valuation. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: BWMN vs CDNL

Review the value trap analysis for both BWMN and CDNL to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Engineering & Construction

Both BWMN and CDNL operate in Engineering & Construction, which has 53 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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