diamond in the rough

Is this one diamond poking its head above the dross?

An extract from Motley Fool that maybe of interest.

Cardno (ASX: CDD), an engineering, planning and professional services provider earns more than half its revenues offshore, including 52% from the Americas, so a weakening Aussie dollar will boost profits.

One third of all revenue comes from the growing oil, gas and energy sector, with total revenues sourced from a multitude of sectors and regions.

With a net debt/equity ratio of 23.9% (as at November 2013), and strong levels of work in hand, Cardno may well be a diamond in the rough.

Trading on a prospective P/E ratio of 11.6 and paying a fully franked dividend yield of 6%, Cardno looks to be a better option than Coffey, and one stock you might want to add to your watchlist.