Cadeler (DB:CA2) - Stock Price, News & Analysis

CA2 Stock Overview

Operates as an offshore wind farm transportation and installation contractor in Denmark. More details

CA2 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	6/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 89.7% below our estimate of its fair value

Earnings are forecast to grow 67.93% per year

Analysts in good agreement that stock price will rise by 24.5%

Risk Analysis

Shareholders have been substantially diluted in the past year

Cadeler A/S Competitors

thyssenkrupp nucera KGaA

XTRA:NCH2

€1.1b

HOCHTIEF

XTRA:HOT

€8.5b

BAUER

HMSE:B5A

€167.8m

RENK Group

DB:R3NK

€2.1b

Price History & Performance

Summary of all time highs, changes and price drops for Cadeler
Historical stock prices
Current Share Price	NOK 5.49
52 Week High	NOK 6.76
52 Week Low	NOK 2.78
Beta	0.60
11 Month Change	-10.00%
3 Month Change	-7.89%
1 Year Change	92.23%
33 Year Change	57.31%
5 Year Change	n/a
Change since IPO	130.67%

Recent updates

Shareholder Returns

	CA2	DE Construction	DE Market
7D	-2.8%	-1.4%	-0.2%
1Y	92.2%	-4.5%	7.8%

Return vs Industry: CA2 exceeded the German Construction industry which returned -5.6% over the past year.

Return vs Market: CA2 exceeded the German Market which returned 7.9% over the past year.

Price Volatility

Is CA2's price volatile compared to industry and market?
CA2 volatility
CA2 Average Weekly Movement	5.6%
Construction Industry Average Movement	6.1%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.1%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: CA2 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: CA2's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2008	573	Mikkel Gleerup	www.cadeler.com

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm construction, maintenance, decommissioning, and other tasks within the offshore industry, as well as marine and engineering services. The company owns and operates four offshore jack-up windfarm installation vessels.

Cadeler A/S Fundamentals Summary

How do Cadeler's earnings and revenue compare to its market cap?
CA2 fundamental statistics
Market cap	€1.96b
Earnings (TTM)	-€17.94m
Revenue (TTM)	€123.07m

15.9x

P/S Ratio

-109.4x

P/E Ratio

Is CA2 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CA2 income statement (TTM)
Revenue	€123.07m
Cost of Revenue	€93.16m
Gross Profit	€29.91m
Other Expenses	€47.85m
Earnings	-€17.94m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 26, 2024

Earnings per share (EPS)	-0.051
Gross Margin	24.30%
Net Profit Margin	-14.58%
Debt/Equity Ratio	29.5%

How did CA2 perform over the long term?

See historical performance and comparison

CA2 Stock Overview

Rewards

Risk Analysis

Cadeler A/S Competitors

XTRA:NCH2

€1.1b

XTRA:HOT

€8.5b

HMSE:B5A

€167.8m

DB:R3NK

€2.1b

Price History & Performance

Recent News & Updates

Second quarter 2024 earnings released

Institutional investors acquired 3.50% stake in Cadeler A/S (OB:CADLR) from Swire Pacific Limited (SEHK:19) for NOK 790 million.

Cadeler A/S Provides Earnings Guidance for the Year 2024

First quarter 2024 earnings released: €0.06 loss per share (vs €0.075 profit in 1Q 2023)

New minor risk - Share price stability

Full year 2023 earnings released: EPS: €0.06 (vs €0.22 in FY 2022)

Recent updates

Second quarter 2024 earnings released

Institutional investors acquired 3.50% stake in Cadeler A/S (OB:CADLR) from Swire Pacific Limited (SEHK:19) for NOK 790 million.

Cadeler A/S Provides Earnings Guidance for the Year 2024

First quarter 2024 earnings released: €0.06 loss per share (vs €0.075 profit in 1Q 2023)

New minor risk - Share price stability

Full year 2023 earnings released: EPS: €0.06 (vs €0.22 in FY 2022)

Cadeler Appoints Alexander Simmonds as Chief Legal Officer and Executive Vice President

Cadeler A/S Announces Board Appointments

Cadeler A/S to Report Q3, 2024 Results on Nov 26, 2024

New major risk - Shareholder dilution

Investor sentiment improves as stock rises 21%

First half 2023 earnings released: EPS: €0.15 (vs €0.067 in 1H 2022)

Full year 2022 earnings released: EPS: €0.22 (vs €0.057 in FY 2021)

Cadeler A/S, Annual General Meeting, Apr 25, 2023

Cadeler A/S Revises Earnings Guidance for the Year 2022

High number of new and inexperienced directors

J. Lauritzen A/S acquired unknown minority stake in Cadeler A/S (OB:CADLR).

First half 2022 earnings released: EPS: €0.07 (vs €0.04 in 1H 2021)

Cadeler A/S Provides Group Revenue Guidance for the Year 2022

Cadeler A/S has completed a Follow-on Equity Offering in the amount of NOK 845.993194 million.

High number of new and inexperienced directors

Cadeler A/S Appoints Peter Brogaard Hansen as CFO, Effective as of 1 June 2022

Cadeler A/S Provides Group Revenue Guidance for the Year 2022

Full year 2021 earnings released: EPS: €0.06 (vs €1.04 loss in FY 2020)

Now 21% undervalued after recent price drop

Cadeler A/S to Report First Half, 2022 Results on Aug 23, 2022

High number of new and inexperienced directors

High number of new and inexperienced directors

Director Roy Shearer has left the company

First half 2021 earnings released: EPS €0.04 (vs €25.97 loss in 1H 2020)

Cadeler A/S Provides Revenue Guidance for 2021

Full year 2020 earnings released: €1.04 loss per share (vs €35.00 loss in FY 2019)

Cadeler A/S to Report First Half, 2021 Results on Aug 24, 2021

Cadeler A/S Announces Singing of Contract

New 90-day high: €3.42

Shareholder Returns

Price Volatility

About the Company

Cadeler A/S Fundamentals Summary

15.9x

-109.4x

Earnings & Revenue