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CADL

Cadeler OB:CADLR Stock Report

Last Price

kr32.00

Market Cap

kr5.0b

7D

7.3%

1Y

7.1%

Updated

19 May, 2022

Data

Company Financials +
CADLR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance2/6
Financial Health3/6
Dividends0/6

CADLR Stock Overview

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark.

Cadeler Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Cadeler
Historical stock prices
Current Share Pricekr32.00
52 Week Highkr38.79
52 Week Lowkr28.12
Beta0
1 Month Change-12.52%
3 Month Change5.63%
1 Year Change7.13%
3 Year Changen/a
5 Year Changen/a
Change since IPO36.17%

Recent News & Updates

Apr 06
Shareholders Shouldn’t Be Too Comfortable With Cadeler's (OB:CADLR) Strong Earnings

Shareholders Shouldn’t Be Too Comfortable With Cadeler's (OB:CADLR) Strong Earnings

We didn't see Cadeler A/S' ( OB:CADLR ) stock surge when it reported robust earnings recently. We think that investors...

Apr 01
Cadeler A/S Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Cadeler A/S Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Cadeler A/S ( OB:CADLR ) just released its full-year report and things are looking bullish. The company beat both...

Shareholder Returns

CADLRNO ConstructionNO Market
7D7.3%-7.1%3.5%
1Y7.1%-14.9%16.1%

Return vs Industry: CADLR exceeded the Norwegian Construction industry which returned -14.9% over the past year.

Return vs Market: CADLR underperformed the Norwegian Market which returned 16.1% over the past year.

Price Volatility

Is CADLR's price volatile compared to industry and market?
CADLR volatility
CADLR Average Weekly Movement6.8%
Construction Industry Average Movement6.2%
Market Average Movement7.5%
10% most volatile stocks in NO Market12.6%
10% least volatile stocks in NO Market4.3%

Stable Share Price: CADLR is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CADLR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200870Mikkel Gleeruphttps://www.cadeler.com

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

Cadeler Fundamentals Summary

How do Cadeler's earnings and revenue compare to its market cap?
CADLR fundamental statistics
Market Cap€483.94m
Earnings (TTM)€7.45m
Revenue (TTM)€60.94m

68.8x

P/E Ratio

8.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CADLR income statement (TTM)
Revenue€60.94m
Cost of Revenue€39.04m
Gross Profit€21.90m
Other Expenses€14.45m
Earnings€7.45m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 23, 2022

Earnings per share (EPS)0.045
Gross Margin35.93%
Net Profit Margin12.23%
Debt/Equity Ratio22.5%

How did CADLR perform over the long term?

See historical performance and comparison

Valuation

Is Cadeler undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


68.78x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CADLR's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CADLR's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: CADLR is poor value based on its PE Ratio (68.9x) compared to the European Construction industry average (12.7x).

PE vs Market: CADLR is poor value based on its PE Ratio (68.9x) compared to the Norwegian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: CADLR is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: CADLR's PB Ratio (1.6x) is in line with the NO Construction industry average.


Future Growth

How is Cadeler forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


48.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CADLR's forecast earnings growth (48% per year) is above the savings rate (1.1%).

Earnings vs Market: CADLR's earnings (48% per year) are forecast to grow faster than the Norwegian market (2.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CADLR's revenue (30.1% per year) is forecast to grow faster than the Norwegian market (1.4% per year).

High Growth Revenue: CADLR's revenue (30.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CADLR's Return on Equity is forecast to be low in 3 years time (6.1%).


Past Performance

How has Cadeler performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-11.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CADLR has a high level of non-cash earnings.

Growing Profit Margin: CADLR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CADLR has become profitable over the past 5 years, growing earnings by -11.8% per year.

Accelerating Growth: CADLR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CADLR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (23.3%).


Return on Equity

High ROE: CADLR's Return on Equity (2.3%) is considered low.


Financial Health

How is Cadeler's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CADLR's short term assets (€24.6M) do not cover its short term liabilities (€53.9M).

Long Term Liabilities: CADLR's short term assets (€24.6M) do not cover its long term liabilities (€45.7M).


Debt to Equity History and Analysis

Debt Level: CADLR's net debt to equity ratio (21.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CADLR's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CADLR's debt is well covered by operating cash flow (41.3%).

Interest Coverage: CADLR's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Dividend

What is Cadeler current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CADLR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CADLR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CADLR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CADLR's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CADLR has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Mikkel Gleerup

4.5yrs

Tenure

Mr. Mikkel Gleerup is the Chief Executive Officer of Cadeler A/S since November 2017 and served as its Chief Operating Officer from February 2017 and joined Cadeler in 2017. He is a Member of the Executive...


Leadership Team

Experienced Management: CADLR's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: CADLR's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.9%.


Top Shareholders

Company Information

Cadeler A/S's employee growth, exchange listings and data sources


Key Information

  • Name: Cadeler A/S
  • Ticker: CADLR
  • Exchange: OB
  • Founded: 2008
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: kr4.979b
  • Shares outstanding: 164.75m
  • Website: https://www.cadeler.com

Number of Employees


Location

  • Cadeler A/S
  • Fairway House
  • Arne Jacobsens AllE 7
  • Copenhagen
  • Capital Region of Denmark
  • 2300
  • Denmark

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.