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Cardinal Ethanol, LLC (CRDE)
Key financial summary
Financials in USD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 267 | 260 | 250 | 403 | 553 | 503 | 345 |
| Operating profit | $m | 67 | 35 | |||||
| Net profit | $m | 8 | -7 | -1 | 27 | 86 | 70 | 33 |
| EPS reported | $ | 4,780 | 2,241 | |||||
| Operating cashflow per share | $ | 5,711 | 5,711 | |||||
| Capex per share | $ | 1,909 | 1,909 | |||||
| FCF per share | $ | 3,801 | 3,801 | |||||
| Free cash flow | $m | 56 | 11 | |||||
| Net debt | $m | -52 | 12 | |||||
| Book value equity | $m | 173 | 170 | |||||
| Book value per share | $ | 11,812 | 11,619 | |||||
| Number of shares | m | 0.01 | 0.01 | |||||
| DPS (TTM paid) | $ | 2,550 | 0.00 |
Financial summary
Financials in USD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 3.54 | - | |||||
| P/B LTM | x | 1.43 | 1.64 | |||||
| P/S LTM | x | 0.49 | 0.80 | |||||
| P/FCF LTM | x | 4.45 | 24.46 | |||||
| EV/EBITDA LTM | x | 2.69 | 6.05 | |||||
| EV/Sales LTM | x | 0.42 | 0.84 | |||||
| Earnings Yield LTM | % | 28.25% | 25.16% | |||||
| FCF Yield | % | 22.49% | 4.09% | |||||
| Quality | ||||||||
| ROE | % | 40.47% | 43.66% | |||||
| ROIC | % | 31.98% | 31.98% | |||||
| Operating margin | % | 13.26% | 13.26% | |||||
| Gross margin | % | 15.06% | 15.06% | |||||
| FCF/Sales | % | 11.04% | 11.04% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -18.54% | -39.82% | |||||
| Sales Growth YoY | % | -9.07% | -32.79% | |||||
| Net Income Growth YoY | % | -18.54% | -39.82% | |||||
| FCF Growth | % | -33.84% | -81.63% | |||||
| Operating Profit Growth | % | -28.97% | -45.60% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 17.20% | 0.00% | |||||
| Dividend Growth | % | -27.14% | - | |||||
| Payout Ratio | % | 60.79% | 55.36% | |||||
| FCF/Debt | x | 1.65 | 0.17 | |||||
| Net Debt/EBITDA | x | -0.46 | -0.46 | |||||
| EBIT/Net interest | x | 0.00 | 0.00 | |||||
| Net debt/market cap | % | -20.94% | 4.27% | |||||
| Net debt/Equity | x | -0.30 | 0.07 | |||||
| Gross debt/equity | x | 0.19 | 0.40 | |||||
Company overview
Cardinal Ethanol, LLC, founded in 2005 and situated in Union City, Indiana, is a company dedicated to the manufacturing and distribution of fuel ethanol, distillers' grains, corn oil, and crude carbon dioxide. The firm, which was originally incorporated as Indiana Ethanol, LLC before adopting its current name in September 2005, supplies these products primarily within the continental United States, with a portion also being exported. The fuel ethanol produced by Cardinal Ethanol serves several critical functions: it enhances octane levels in fuels, acts as an oxygenate additive to reduce both ozone and carbon monoxide emissions, and offers a gasoline alternative not derived from petroleum. Furthermore, the company's distillers' grains are utilized as a valuable nutritional supplement for livestock in the dairy, beef, poultry, and swine industries. Its corn oil finds application as an animal feed ingredient, a crucial feedstock for biodiesel production, and in various other industrial sectors. Cardinal Ethanol also makes carbon dioxide gas available for sale. Distribution of its diverse product portfolio is managed through both direct sales and collaborations with third-party brokers.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Cardinal Ethanol, LLC (CRDE)
Cardinal Ethanol, LLC, founded in 2005 and situated in Union City, Indiana, is a company dedicated to the manufacturing and distribution of fuel ethanol, distillers' grains, corn oil, and crude carbon dioxide. The firm, which was originally incorporated as Indiana Ethanol, LLC before adopting its current name in September 2005, supplies these products primarily within the continental United States, with a portion also being exported. The fuel ethanol produced by Cardinal Ethanol serves several critical functions: it enhances octane levels in fuels, acts as an oxygenate additive to reduce both ozone and carbon monoxide emissions, and offers a gasoline alternative not derived from petroleum. Furthermore, the company's distillers' grains are utilized as a valuable nutritional supplement for livestock in the dairy, beef, poultry, and swine industries. Its corn oil finds application as an animal feed ingredient, a crucial feedstock for biodiesel production, and in various other industrial sectors. Cardinal Ethanol also makes carbon dioxide gas available for sale. Distribution of its diverse product portfolio is managed through both direct sales and collaborations with third-party brokers.
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