Cordiant Digital Infrastructure Limited (CORD) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 4.17%
• Average Volume (3M): 839.04K
• Price to Earnings (P/E): 1.9
• Beta (1Y): 0.31
• Revenue Growth: -100.00%
• EPS Growth: 31.86%
• Country: UK
• Employees: 342
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.13
• Shares Outstanding: 765,718,140
• 10 Day Avg. Volume: 882,968
• 30 Day Avg. Volume: 839,041
• PEG Ratio: 0.16
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 5.90
• P/FCF Ratio: -167.24
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £135.00
• Price Target Upside: 26.76% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.2
• Revenue Forecast (FY): N/A

• Rating: 80 Outperform
• Price Target: 118.00 p ▲(10.80% Upside)
• Action: Reiterated Date: 12/07/25
• Date: Action: Reiterated 12/07/25

Cordiant Digital Infrastructure Limited scores highly due to strong technical indicators and attractive valuation metrics. Corporate events further enhance its outlook with strategic growth and management confidence. However, financial performance is tempered by cash flow challenges, which slightly offset the overall positive assessment.

Positive Factors

High Gross Profit Margin

A gross margin persistently above 90% indicates the underlying assets generate strong cash spreads at the asset level. Over 2–6 months this supports resilient asset-level profitability, underpins potential dividend funding and NAV stability despite operating or financing noise.

Healthy Equity Base

A strong equity ratio and sizable shareholders' equity provide a capital buffer for an asset-owner business. This enhances resilience to asset valuation swings, supports financing flexibility for acquisitions or capex, and reduces bankruptcy risk over the medium term.

Management Alignment & Corporate Momentum

Management buying more stock and positive corporate events signal alignment and confidence in strategy. Combined with reported NAV milestones and secured financing, this increases the likelihood of disciplined deal execution and access to capital for long-term portfolio growth.

Negative Factors

Negative Operating Cash Flow and EBITDA

Persistent negative operating cash flow and a negative EBITDA point to structural cash generation shortfalls. Over months this forces reliance on external financing, asset disposals, or valuation gains to fund distributions and growth, increasing financial and execution risk.

Rising Leverage

An increasing debt-to-equity ratio signals growing leverage. For a capital-intensive infrastructure investor, higher leverage raises interest and refinancing risks, reduces balance-sheet flexibility for new investments, and amplifies downside in adverse market conditions.

Material Revenue Decline / Volatility

A reported ~75% year-over-year revenue decline indicates pronounced volatility or portfolio/contract timing effects that materially reduce recurring cash inflows. This undermines predictability of distributions and NAV progress until revenue stability is restored.

Cordiant Digital Infrastructure Limited Business Overview & Revenue Model

Company Description

Cordiant Digital Infrastructure Limited is an investment firm specializes in investments in buy & build, capital expenditure and bolt-on acquisitions and digital infrastructure assets in the middle-market. It focuses on investing in companies operating in data and cloud centers, mobile telecommunications/ broadcast towers, distributed sensor networks and fibre-optic network assets businesses. The firm seeks to invest in digital assets in the United Kingdom, Europe, Canada and North America. It invests in companies against the total returns of at least 9 per cent. p.a. over the longer term. The company was incorporated in 2021 and is based in Saint Peter Port, Guernsey.

How the Company Makes Money

Cordiant Digital Infrastructure Limited makes money by acquiring and managing digital infrastructure assets, which generate revenue through long-term contracts with telecom operators, internet service providers, and other technology companies. The company's revenue streams include lease payments from tenants occupying space in its data centers, fees from operators using its fiber optic networks, and rental income from mobile tower leases. Additionally, CORD actively manages and optimizes its portfolio to enhance asset value and drive returns. The company may also benefit from strategic partnerships and collaborations that enhance its market position and expand its investment opportunities.

Cordiant Digital Infrastructure Limited Financial Statement Overview

Summary

Cordiant Digital Infrastructure Limited shows strong revenue growth and profitability with a robust Gross Profit Margin. However, negative EBITDA and operating cash flows raise concerns about operational expenses and liquidity, necessitating improvements in cash flow management.

Income Statement

The company shows a strong upward trend in revenue with a robust Gross Profit Margin consistently above 90%. Net Profit Margin has improved significantly, indicating efficient cost management. However, the negative EBITDA in 2024 raises some concerns about operational expenses.

Balance Sheet

The balance sheet reveals a healthy Equity Ratio, indicating strong financial stability. However, the Debt-to-Equity Ratio increased slightly, suggesting more leverage. The substantial Stockholders' Equity supports a strong asset base, but attention to rising debt levels is warranted.

Cash Flow

The company struggles with negative operating cash flows, posing liquidity concerns. Although there has been a decrease in Free Cash Flow deficit, consistent negative flows highlight cash management challenges. Improvement in future cash flows is necessary for better financial health.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2022
Income Statement
Total Revenue	19.53M	112.85M	102.87M	91.80M	58.69M
Gross Profit	16.09M	109.05M	84.45M	77.98M	49.44M
EBITDA	136.31M	105.24M	-568.00K	0.00	0.00
Net Income	153.27M	105.24M	80.30M	81.18M	51.37M
Balance Sheet
Total Assets	1.24B	1.14B	1.08B	897.49M	823.37M
Cash, Cash Equivalents and Short-Term Investments	15.58M	6.14M	60.09M	10.50M	353.73M
Total Debt	163.25M	147.59M	157.63M	0.00	0.00
Total Liabilities	164.34M	149.11M	162.64M	21.78M	1.02M
Stockholders Equity	1.07B	992.52M	920.66M	875.71M	822.35M
Cash Flow
Free Cash Flow	-3.95M	-3.98M	-13.10M	-13.22M	-12.03M
Operating Cash Flow	-3.95M	-3.98M	-13.10M	-13.22M	-12.03M
Investing Cash Flow	35.29M	-3.41M	-35.41M	-333.40M	-403.06M
Financing Cash Flow	-36.51M	-45.71M	99.03M	-7.74M	771.00M

Cordiant Digital Infrastructure Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 106.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CORD, the sentiment is Positive. The current price of 106.5 is above the 20-day moving average (MA) of 105.60, above the 50-day MA of 105.84, and above the 200-day MA of 98.26, indicating a bullish trend. The MACD of 0.64 indicates Negative momentum. The RSI at 53.73 is Neutral, neither overbought nor oversold. The STOCH value of 80.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:CORD.

Cordiant Digital Infrastructure Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CORD	80 Outperform	―	1.92	11.00%	4.17%	-100.00%	31.86%
FSG	73 Outperform	£434.63M	7.48	―	5.73%	―	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
GSF	65 Neutral	£246.74M	47.54	1.20%	8.18%	-9.72%	-25.25%
EGT	45 Neutral	£9.76M	-4.39	-22.43%	―	―	―
RNEW	44 Neutral	―	-1.48	-47.36%	3.45%	―	―

Cordiant Digital Infrastructure Limited Corporate Events

Cordiant Digital Infrastructure to Shift to LSE Main Market as Earnings, Liquidity and Growth Pipeline Strengthen

Cordiant Digital Infrastructure reported solid trading for the nine months to 31 December 2025, with portfolio revenue rising to £262.9 million and EBITDA to £125.1 million, driven by contract wins, price escalators, cost control and the addition of Datacenter United. The company maintained strong dividend cover of 1.8 times its 4.35p per share target, kept consolidated gearing at 40.7% with no debt maturing before June 2029, and highlighted ample liquidity of £240.8 million to fund growth capex and bolt-on acquisitions.

The board plans to migrate the company’s shares from the LSE’s Specialist Fund Segment to the Main Market’s Closed-ended Investment Funds category, a move expected to enhance liquidity, broaden retail access and support potential FTSE index inclusion. Operationally, Cordiant advanced its Prague Gateway data centre project, completed CRA’s acquisition of IPTV/OTT provider nangu.TV, and saw Emitel secure new radio and IoT contracts while exploring data-centre bolt-ons, reinforcing its buy‑build‑grow strategy and long-term value ambitions for shareholders.

The most recent analyst rating on (GB:CORD) stock is a Buy with a £117.00 price target. To see the full list of analyst forecasts on Cordiant Digital Infrastructure Limited stock, see the GB:CORD Stock Forecast page.

Cordiant Digital Infrastructure Cancels Subscription Shares and Updates Voting Rights

Cordiant Digital Infrastructure Limited, a sector-focused owner and operator of digital infrastructure assets listed in London under the ticker CORD, invests in core digital economy infrastructure such as data centres, fibre networks and telecom towers in Europe and North America. Backed by substantial equity and debt funding, it has built a portfolio of six platform businesses designed to deliver resilient income and growth from rising demand for digital connectivity.

The company has transferred 2,688 ordinary shares from treasury following the exercise of related subscription rights at £1.36135 per share, marking the final subscription opportunity for its subscription shares. All remaining subscription shares have now been redeemed for nil value and cancelled, leaving 765,718,165 ordinary shares in issue excluding 7,841,542 held in treasury, a figure that will serve as the new denominator for shareholders’ disclosure and transparency calculations.

These changes simplify Cordiant Digital Infrastructure’s capital structure by closing out the subscription share class and clarifying the total voting rights in the company. The updated share count provides investors and regulators with a clear reference point for monitoring significant holdings under the UK disclosure regime, potentially improving transparency and liquidity in the stock.

The most recent analyst rating on (GB:CORD) stock is a Buy with a £117.00 price target. To see the full list of analyst forecasts on Cordiant Digital Infrastructure Limited stock, see the GB:CORD Stock Forecast page.

Cordiant Digital Chairman Boosts Stake with Major Share Purchase

Cordiant Digital Infrastructure Limited reported that Steven Marshall, its Executive Chairman and co-founder of Cordiant Digital Infrastructure Management, purchased 530,000 ordinary shares in the company on 13 February 2026 at an average price of 103.12 pence, bringing his total holding to 15,201,026 shares. Following recent trading, directors of the company, the investment manager, and members of the investment manager’s team collectively hold 17,569,318 ordinary shares, representing 2.29% of the company’s issued share capital, signalling a notable level of insider alignment with shareholders.

The most recent analyst rating on (GB:CORD) stock is a Buy with a £116.00 price target. To see the full list of analyst forecasts on Cordiant Digital Infrastructure Limited stock, see the GB:CORD Stock Forecast page.

Cordiant Digital Chair Boosts Stake as Insider Ownership Rises

Cordiant Digital Infrastructure Limited disclosed that Steven Marshall, its Executive Chairman and Co-Founder of Cordiant Digital Infrastructure Management, has acquired 363,353 additional ordinary shares in the company at an average price of 104.65 pence, taking his total holding to 14,671,026 shares. Following recent director and manager dealings, the board, the investment manager and its team together now hold 17,187,298 ordinary shares, representing 2.24% of the company’s issued share capital, signalling increased insider alignment with shareholders and confidence in the company’s prospects.

The additional share purchases by Cordiant chair Steven Marshall lift his stake to more than 14.6 million shares. Overall insider holdings, including directors and the investment manager’s team, now stand at 17.2 million shares, or 2.24% of the share capital, underscoring a stronger alignment with investor interests.

The move is likely to be read positively by the market, as higher insider ownership is often interpreted as a vote of confidence in the company’s strategy and asset portfolio. It may bolster sentiment toward Cordiant Digital Infrastructure’s shares, particularly among investors focused on management’s financial commitment to the business.

The most recent analyst rating on (GB:CORD) stock is a Buy with a £116.00 price target. To see the full list of analyst forecasts on Cordiant Digital Infrastructure Limited stock, see the GB:CORD Stock Forecast page.

Cordiant Digital Infrastructure Highlighted in New Kepler Research Note

Cordiant Digital Infrastructure has been profiled in a new research note by Kepler Trust Intelligence’s investment companies team, which highlights the trust’s capital growth potential as a differentiating feature in the infrastructure sector. The independently produced, bank-style research is being made available free to UK investors, offering long-term shareholders and prospective investors a detailed reference on the trust’s strategy and performance, and potentially broadening its visibility and appeal in the competitive market for listed infrastructure funds.

The most recent analyst rating on (GB:CORD) stock is a Buy with a £116.00 price target. To see the full list of analyst forecasts on Cordiant Digital Infrastructure Limited stock, see the GB:CORD Stock Forecast page.

Cordiant Digital Director Marten Pieters Buys Additional Shares

Cordiant Digital Infrastructure Limited announced that board director Marten Pieters has purchased 20,000 ordinary shares in the company at a price of 104.0 pence per share, for a total consideration of £20,800. The on-market transaction, executed on 30 January 2026 on the London Stock Exchange’s Specialist Fund Segment, marginally increases insider ownership and may be viewed by investors as a signal of confidence in the company’s prospects and valuation.

The most recent analyst rating on (GB:CORD) stock is a Buy with a £116.00 price target. To see the full list of analyst forecasts on Cordiant Digital Infrastructure Limited stock, see the GB:CORD Stock Forecast page.

Cordiant Digital Sets Final Date for Out-of-the-Money Subscription Shares

Cordiant Digital Infrastructure Limited has set 27 February 2026 as the final subscription date for holders of its Subscription Shares, with a subscription price of 136.135 pence per share, and a last exercise time of 1.00 pm on 13 February 2026. With the company’s ordinary shares trading below the subscription price, Cordiant does not expect these rights to be exercised, meaning that any unexercised Subscription Shares will lapse, be redeemed for nil value and subsequently cancelled, simplifying the capital structure and leaving existing shareholders’ positions unchanged in practice.

The most recent analyst rating on (GB:CORD) stock is a Buy with a £118.00 price target. To see the full list of analyst forecasts on Cordiant Digital Infrastructure Limited stock, see the GB:CORD Stock Forecast page.