Cardinal Infrastructure Group looks cheap against its expected earnings, at 9x next year's estimate versus the roughly 19x engineering and construction firms usually get. At 19x next year's $3.25 EPS, give or take 12%, fair value is about $54-69, leaving the $30.60 price 44% below the low end. The case leans on forecasts, with forward earnings 266% above trailing, and is a valuation screen only, with no fundamental work. x.com