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Cadence Opportunities Fund Ltd.
(Sydney:CDO)
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Rating:60Neutral
Price Target:
AU$2.50
▲(28.21% Upside)
Action:Reiterated
Date:12/30/25
The score is primarily held back by volatile financial performance and inconsistent cash flow despite a solid balance sheet. Technicals are supportive with the stock trading above major moving averages and positive MACD, while valuation is helped by a high dividend yield but limited by a mid-range P/E.
Positive Factors
Conservative leverage
A low debt-to-equity (~0.26) provides structural resilience: it reduces refinancing and liquidation risk during market downturns, gives the manager flexibility to hold or reposition investments without forced selling, and preserves capital available for future opportunities.
Negative Factors
Erratic cash generation
Highly variable operating and free cash flow increases liquidity and execution risk: the fund may need to crystallise positions or limit distributions in weak years, constraining consistent shareholder payouts and making multi-period planning and fee coverage less predictable.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
A low debt-to-equity (~0.26) provides structural resilience: it reduces refinancing and liquidation risk during market downturns, gives the manager flexibility to hold or reposition investments without forced selling, and preserves capital available for future opportunities.
Read all positive factors
Cadence Opportunities Fund Ltd. (CDO) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$34.55M
Dividend Yield7.09%
Average Volume (3M)21.30K
Price to Earnings (P/E)4.2
Beta (1Y)0.46
Revenue Growth418.16%
EPS Growth580.37%
CountryAU
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)0.52
Shares Outstanding15,777,778
10 Day Avg. Volume31,384
30 Day Avg. Volume21,300
Financial Highlights & Ratios
PEG Ratio-0.49
Price to Book (P/B)0.83
Price to Sales (P/S)7.66
P/FCF Ratio2.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Cadence Opportunities Fund Ltd. Business Overview & Revenue Model
Company Description
Founded in Sydney, Australia in 2018, Cadence Opportunities Fund Limited is an investment vehicle that acquires publicly traded assets from both domestic and international markets....
How the Company Makes Money
CDO does not generate operating revenue by selling products or services; instead, shareholder returns are driven by the investment performance of its portfolio. The company makes money (and can distribute value to shareholders) primarily through: ...
Cadence Opportunities Fund Ltd. Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
74
Positive
Cash Flow
41
Neutral
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.65M | 3.50M | 4.34M | -650.26K | -1.01M | 10.31M |
| Gross Profit | 12.61M | 3.50M | 3.59M | -1.63M | -2.17M | 8.12M |
| EBITDA | 11.78M | 2.48M | 3.28M | -2.04M | -2.49M | 8.02M |
| Net Income | 8.18M | 1.49M | 2.34M | -1.34M | -1.52M | 5.59M |
Balance Sheet | ||||||
| Total Assets | 50.59M | 44.86M | 40.52M | 41.31M | 48.11M | 35.85M |
| Cash, Cash Equivalents and Short-Term Investments | 12.44M | 12.82M | 38.93M | 21.20M | 24.02M | 62.20M |
| Total Debt | 9.30M | 8.35M | 6.70M | 3.96M | 2.50M | 7.49M |
| Total Liabilities | 13.30M | 12.67M | 7.94M | 9.12M | 13.10M | 13.89M |
| Stockholders Equity | 37.30M | 32.18M | 32.58M | 32.18M | 35.01M | 21.97M |
Cash Flow | ||||||
| Free Cash Flow | 3.10M | 9.58M | -18.53M | -2.80M | 3.43M | -5.10M |
| Operating Cash Flow | 3.10M | 9.58M | -18.53M | -2.80M | 3.43M | -5.10M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -2.47M | -1.88M | -1.94M | -1.48M | 14.18M | 8.23M |
Cadence Opportunities Fund Ltd. Technical Analysis
Positive
1.95
Price Trends
2.14
Positive
2.12
Positive
1.98
Positive
Market Momentum
0.02
Negative
52.94
Neutral
69.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CDO, the sentiment is Positive. The current price of 1.95 is below the 20-day moving average (MA) of 2.15, below the 50-day MA of 2.14, and below the 200-day MA of 1.98, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 52.94 is Neutral, neither overbought nor oversold. The STOCH value of 69.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CDO.
Cadence Opportunities Fund Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$50.45M | 5.61 | 35.99% | 6.39% | 0.11% | 21.50% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
61 Neutral | AU$48.77M | 18.13 | 3.43% | 6.89% | -26.20% | -112.45% | |
60 Neutral | AU$34.55M | 4.20 | 23.54% | 7.09% | 418.16% | 580.37% | |
54 Neutral | AU$26.98M | 70.25 | 1.46% | 2.94% | 68.66% | 278.13% | |
53 Neutral | AU$24.50M | 21.72 | 4.11% | 2.03% | 35.83% | ― |
* Financial Sector Average
AU:CDO
Cadence Opportunities Fund Ltd.
2.19
0.60
37.91%
AU:LCE
London City Equities Ltd
0.85
0.07
8.97%
AU:CIW
Clime Investment Management Ltd
0.30
-0.11
-26.67%
AU:MAM
Microequities Asset Management Group Ltd.
0.39
-0.05
-10.55%
AU:SB2
Salter Brothers Emerging Companies Ltd.
0.58
-0.09
-13.30%
Cadence Opportunities Fund Ltd. Corporate Events
Cadence Opportunities Fund Updates Daily On-Market Buy-Back Activity
Jun 23, 2026
Cadence Opportunities Fund has provided an updated notification of its on-market share buy-back program, confirming that it is continuing to repurchase its ordinary fully paid shares listed under the ASX code CDO. The latest disclosure reports tha...
Cadence Opportunities Fund Director Increases Indirect Shareholding
Jun 22, 2026
Cadence Opportunities Fund Limited has disclosed a change in director Jolanta Masojada’s indirect interest in the company’s ordinary shares. The notice was lodged under ASX listing rule obligations, reflecting ongoing transparency in d...
Cadence Opportunities Fund Details March Quarter, Interim Dividend and Portfolio Outlook
Jun 10, 2026
Cadence Opportunities Fund has released its March 2026 quarterly webcast, in which portfolio manager Karl Siegling updates investors on the company’s recent performance, the payment of a 7.5 cent fully franked interim dividend, and the conti...
Cadence Opportunities Fund Cuts Share Count After On-Market Buy-Back
Jun 1, 2026
Cadence Opportunities Fund Ltd., an ASX-listed investment company, offers investors exposure to a managed portfolio through its ordinary fully paid shares. The fund’s listed structure allows it to actively manage capital on behalf of shareho...
Cadence Opportunities Fund Continues Daily On-Market Share Buy-Back
May 28, 2026
Cadence Opportunities Fund Ltd. has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid securities. The fund reported that a total of 315,531 shares had been repurchased prior to the latest trading day, w...
Cadence Opportunities Fund Updates Daily On-Market Share Buy-Back
May 26, 2026
Cadence Opportunities Fund has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest filing, dated 27 May 2026, reports that the fund repurchased 1,000 sha...
Cadence Opportunities Fund Updates Daily On‑Market Buy‑Back Figures
May 26, 2026
Cadence Opportunities Fund Ltd., an Australian listed investment company trading under ASX code CDO, offers investors exposure to an actively managed portfolio via its ordinary fully paid shares. The fund targets opportunities in listed securities...
Cadence Opportunities Fund continues on-market share buy-back program
May 24, 2026
Cadence Opportunities Fund Ltd. has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares, coded CDO. The latest daily update reports that the fund has repurchased a c...
Cadence Opportunities Fund Extends Strong FY26 Outperformance With April Gain
May 12, 2026
Cadence Opportunities Fund reported a 2.3% gross return in April 2026, slightly trailing the 2.4% gain in the All Ordinaries Accumulation Index for the month. Over the first 10 months of the 2026 financial year, however, the fund is up 39%, outper...
Cadence Opportunities Fund lifts performance, boosts dividend and flags macro risks
May 12, 2026
Cadence Opportunities Fund reported a 2.3% gross return in April, slightly trailing the All Ordinaries Accumulation Index, but remains up 39% for the 2026 financial year, outperforming the benchmark by 35%. Since inception seven years ago, the fun...
Cadence Opportunities Fund to Brief Investors on Navigating a Changing Market Landscape
May 1, 2026
Cadence Opportunities Fund Ltd is inviting investors to a series of June 2026 presentations in Sydney, Melbourne and Brisbane, where its investment team will discuss shifts in the global investment landscape. The briefings will address the implica...
Cadence Opportunities Fund Lists New Shares from Distribution Plan on ASX
Apr 30, 2026
Cadence Opportunities Fund Ltd. has applied for quotation on the ASX of 238,782 new ordinary fully paid shares, to be traded under its existing ticker CDO. The new securities, issued on April 30, 2026 under a dividend or distribution plan, modestl...
Cadence Opportunities Director Increases Stake via Dividend Reinvestment
Apr 30, 2026
Cadence Opportunities Fund has reported a change in director Karl Peter Siegling’s relevant interest in the company’s shares, reflecting an indirect increase through entities of which he is a director and beneficial owner. His holding ...
Cadence Opportunities Fund director increases holding via dividend reinvestment
Apr 30, 2026
Cadence Opportunities Fund has disclosed a change in director Wayne Edward William Davies’ indirect interest in the company, arising from participation in its dividend reinvestment plan. His superannuation vehicle, Andonandon Pty Ltd as trus...
Cadence Opportunities Fund Director Increases Holding via Dividend Reinvestment
Apr 30, 2026
Cadence Opportunities Fund has disclosed a change in director Jolanta Masojada’s holdings following the latest dividend reinvestment. Masojada received 982 additional ordinary shares under the company’s Dividend Reinvestment Plan tied ...
Cadence Opportunities Fund Battles March Volatility but Extends FY Outperformance and Lifts Dividend
Apr 13, 2026
Cadence Opportunities Fund reported a 16.2% gross loss in March against a 7.3% fall in the All Ordinaries Accumulation Index, yet maintained a 0.3% post-tax NTA gain for the quarter and is up 35.9% for the 2026 financial year to date, materially o...
Cadence Opportunities Fund Outlines Half-Year Results and Portfolio Outlook in Webcast
Apr 2, 2026
Cadence Opportunities Fund Ltd. has released a December 2025 half-year webcast in which portfolio manager Karl Siegling outlines the company’s interim financial results and confirms a fully franked interim dividend of 7.5 cents per share. He...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.