CDNL vs EME

Cardinal Infrastructure Group I vs EMCOR Group, Inc. — Valuation Comparison 2026

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

Quick Summary — EME scores higher on quality with 10.0/10 vs CDNL's 6.5/10. CDNL trades at $56.61 while EME trades at $827.28. Both analyzed daily using SEC EDGAR data across 13 institutional models.

CDNL

Engineering & Construction
Cardinal Infrastructure Group I
Quality
6.5
out of 10
Value Trap
Price
$56.61
Last close
Models
11/13
Active
VS

EME

Engineering & Construction
EMCOR Group, Inc.
Quality
10.0
out of 10
Value Trap
6
SAFE
Price
$827.28
Last close
Models
13/13
Active
CDNL
2 models active
Limited to 2/13 visible models
EME
Quality Score 10.0/10 — top tier
Limited to 2/13 visible models

CDNL vs EME — Fair Value Comparison

CDNL
$0$22$45$67 Price$56.61 Bayesian …$14.80 (-73.9%) Earnings …$5.41 (-90.5%)
EME
$0$325$651$976 Price$827.28 Bayesian …$407.20 (-50.8%) Earnings …$207.05 (-75.0%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType CDNL Fair ValueCDNL Upside EME Fair ValueEME Upside
Bayesian DCF Intrinsic $14.80 -73.9% $407.20 -50.8%
Earnings Power Value Intrinsic $5.41 -90.5% $207.05 -75.0%
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 $•••.•• ••.•% $•••.•• ••.•%

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

EME scores higher with a 10.0/10 quality rating vs CDNL's 6.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do CDNL and EME Valuations Compare?

At $56.61, CDNL trades +73.9% above its Bayesian DCF fair value of $14.80, while EME at $827.28 trades +50.8% above its estimate of $407.20. CDNL shows a wider gap between price and intrinsic value.

Quality of Company: CDNL vs EME

CDNL earns a Quality of Company score of 6.5/10 compared to EME's 10.0/10. This is a significant quality gap — the higher-scoring company demonstrates materially stronger fundamentals across profitability, growth consistency, and balance sheet health. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: CDNL vs EME

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

Both in Engineering & Construction

Both CDNL and EME 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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