How does CADLR's PS Ratio compare to its peers?

CADLR is expensive based on its Price-To-Sales Ratio (11.3x) compared to the peer average (1.5x).

How does CADLR's PS Ratio compare vs other companies in the European Construction Industry?

CADLR is expensive based on its Price-To-Sales Ratio (11.3x) compared to the European Construction industry average (0.4x).

What is CADLR's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CADLR is expensive based on its Price-To-Sales Ratio (11.3x) compared to the estimated Fair Price-To-Sales Ratio (7.3x).

What is the Fair Price of CADLR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CADLR (NOK67.9) is trading below our estimate of [[fair value]] (NOK590.82)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Cadeler (OB:CADLR) - Stock Price, News & Analysis

CADLR Stock Overview

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

CADLR fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	6/6
Past Performance	1/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 88.5% below our estimate of its fair value

Earnings are forecast to grow 70.42% per year

Analysts in good agreement that stock price will rise by 22.1%

Risk Analysis

Debt is not well covered by operating cash flow

High level of non-cash earnings

Shareholders have been substantially diluted in the past year

Profit margins (5.1%) are lower than last year (35.1%)

Cadeler A/S Competitors

Veidekke

OB:VEI

NOK 18.6b

AF Gruppen

OB:AFG

NOK 15.7b

Norconsult

OB:NORCO

NOK 12.1b

Integrated Wind Solutions

OB:IWS

NOK 1.9b

Price History & Performance

Summary of all time highs, changes and price drops for Cadeler
Historical stock prices
Current Share Price	NOK 67.90
52 Week High	NOK 77.50
52 Week Low	NOK 33.20
Beta	0.60
11 Month Change	-8.24%
3 Month Change	-1.02%
1 Year Change	101.24%
33 Year Change	98.60%
5 Year Change	n/a
Change since IPO	188.94%

Recent updates

Cadeler's (OB:CADLR) Returns Have Hit A Wall

Aug 27

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

Apr 06

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

Apr 01

Here's What Cadeler A/S' (OB:CADLR) Shareholder Ownership Structure Looks Like

Feb 28

Shareholder Returns

	CADLR	NO Construction	NO Market
7D	1.0%	1.9%	-0.9%
1Y	101.2%	52.2%	4.0%

Return vs Industry: CADLR exceeded the Norwegian Construction industry which returned 50.3% over the past year.

Return vs Market: CADLR exceeded the Norwegian Market which returned 3.7% over the past year.

Price Volatility

Is CADLR's price volatile compared to industry and market?
CADLR volatility
CADLR Average Weekly Movement	3.4%
Construction Industry Average Movement	4.2%
Market Average Movement	5.1%
10% most volatile stocks in NO Market	10.7%
10% least volatile stocks in NO Market	2.7%

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

Volatility Over Time: CADLR's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2008	587	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?
CADLR fundamental statistics
Market cap	NOK 23.82b
Earnings (TTM)	NOK 106.34m
Revenue (TTM)	NOK 2.10b

224.0x

P/E Ratio

11.3x

P/S Ratio

Is CADLR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CADLR income statement (TTM)
Revenue	€180.22m
Cost of Revenue	€110.43m
Gross Profit	€69.79m
Other Expenses	€60.67m
Earnings	€9.12m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 25, 2025

Earnings per share (EPS)	0.026
Gross Margin	38.72%
Net Profit Margin	5.06%
Debt/Equity Ratio	51.2%

How did CADLR perform over the long term?

See historical performance and comparison

CADLR Stock Overview

Rewards

Risk Analysis

Cadeler A/S Competitors

OB:VEI

NOK 18.6b

OB:AFG

NOK 15.7b

OB:NORCO

NOK 12.1b

OB:IWS

NOK 1.9b

Price History & Performance

Recent News & Updates

Cadeler A/S to Report Fiscal Year 2024 Final Results on Mar 25, 2025

High number of new directors

New minor risk - Profit margin trend

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Cadeler A/S Raises Earnings Guidance for the Financial Year Ending 31 December 2024

Second quarter 2024 earnings released

Recent updates

Cadeler A/S to Report Fiscal Year 2024 Final Results on Mar 25, 2025

High number of new directors

New minor risk - Profit margin trend

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Cadeler A/S Raises Earnings Guidance for the Financial Year Ending 31 December 2024

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: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 21%

New minor risk - Earnings quality

Full year 2023 earnings: EPS and revenues exceed analyst expectations

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

Investor sentiment improves as stock rises 16%

Consensus revenue estimates increase by 13%

First half 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

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).

Cadeler's (OB:CADLR) Returns Have Hit A Wall

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

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

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

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

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

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

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

Full year 2021 earnings: EPS and revenues exceed analyst expectations

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: kr35.03

Here's What Cadeler A/S' (OB:CADLR) Shareholder Ownership Structure Looks Like

Cadeler A/S has completed an IPO in the amount of NOK 1.362978 billion.

Shareholder Returns

Price Volatility

About the Company

Cadeler A/S Fundamentals Summary

224.0x

11.3x

Earnings & Revenue