Cardinal Ethanol, LLC (CRDE) Fair Value & Analysis
Basic Materials · US · Market cap $163M
Cardinal Ethanol, LLC
CRDE · US
Fair value as of: Jul 24, 2026
From 26 valuation models · updated 17 days ago
Fair value updated Jul 24, 2026, revised from $59,227 to $28,238 (−52.3%) since Jun 25, 2026. Share price +16.3% over the past month.
A solid business, screening 13% undervalued on our models.
What matters now
- Our model range runs from $21,179 (bear) to $35,298 (bull), base $28,238. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 61/100 (solid quality) with medium evidence: read the verdict with care.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.
How to read this chart
60‑month range $91.91 – $25,000 · fair‑value band $21,179 – $35,298 · the $25,000 price screens below the $28,238 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.
Analysis
Cardinal Ethanol, LLC (CRDE) currently trades at $25,000, while our model-based Fair Value estimate is $28,238, implying the stock looks roughly 13.0% undervalued today. The Quality Score stands at 61/100 (solid quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.
Over the trailing twelve months, Cardinal Ethanol, LLC generated revenue of $350M at a net margin of 9.3%. Revenue declined 29.6% year over year. It earns a return on equity of 20.2%. The stock trades on a trailing P/E of 7.1. Fundamentals as of Jul 24, 2026
Our scenario range runs from $21,179 (bear case) to $35,298 (bull case); at $25,000, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 67% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at 13%, CRDE screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: Growth Earnings ($90,461) versus Asset-Based ($11,349). Highest evidence: Growth DCF (80).
Notify me when CRDE reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 65 · Market factors (momentum, volatility) 87
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Cardinal Ethanol, LLC engages in production and sale of fuel-grade ethanol, distiller grains, corn oil, and raw carbon dioxide in the continental United States. The company's ethanol is used as an octane enhancer in fuels; an oxygenated fuel additive for reducing ozone and carbon monoxide emissions; and a non-petroleum-based gasoline substitute.
Full company description
Cardinal Ethanol, LLC engages in production and sale of fuel-grade ethanol, distiller grains, corn oil, and raw carbon dioxide in the continental United States. The company's ethanol is used as an octane enhancer in fuels; an oxygenated fuel additive for reducing ozone and carbon monoxide emissions; and a non-petroleum-based gasoline substitute. It also offers distillers grains for applications as animal feed supplement for dairy, beef, poultry, and swine industries; corn oil that is used as a feed ingredient, feedstock to produce biodiesel, and for other industrial uses; and carbon dioxide gas. The company markets and distributes its products directly, as well as through third party brokers. It also exports its products. The company was formerly known as Indiana Ethanol, LLC and changed its name to Cardinal Ethanol, LLC in September 2005. Cardinal Ethanol, LLC was incorporated in 2005 and is based in Union City, Indiana.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2019 – FY2023 · reported fiscal years
Cardinal Ethanol, LLC reported revenue of $503M in FY2023 versus $261M in FY2019, a compound +17.8%/yr. Reported net income was $69.8M in FY2023.
Watch CRDE: get an alert when its fair value changes →
Peer Group
Chemicals · 333 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Chemicals median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| BASF SE BASN | 1,034 MXN | 532.13 MXN | -49% |
| Ningxia Baofeng Energy Group 600989 | ¥20.32 | ¥20.17 | -1% |
| Zhejiang Juhua Co 600160 | ¥42.85 | ¥23.35 | -46% |
| PT Barito Pacific Tbk, BRPT | 1,690 IDR | 1,628 IDR | -4% |
| LG Chem, Ltd 051910 | 260,500 KRW | 587,755 KRW | +126% |
| Formosa Chemicals & Fibre Corporation 1326 | 66.10 TWD | 6.79 TWD | -90% |
| PTT Global Chemical Public Company PTTGC | 35.50 THB | 18.21 THB | -49% |
| 542812 542812 | ₹4,369 | ₹791.05 | -82% |
| Indorama Ventures Public Company IVL | 24.50 THB | 17.95 THB | -27% |
| Navin Fluorine International Limited NAVINFLUOR | ₹8,650 | ₹2,146 | -75% |
Compare Cardinal Ethanol, LLC with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Cardinal Ethanol, LLC (CRDE) overvalued or undervalued?
What is the fair value of CRDE?
What is the quality score of CRDE?
What is the revenue of Cardinal Ethanol, LLC (CRDE)?
What is the net profit margin of CRDE?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Cardinal Ethanol, LLC and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.