CDLR Stock Overview

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

CDLR fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	6/6
Past Performance	1/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 89% below our estimate of its fair value

Earnings are forecast to grow 70.42% per year

Risk Analysis

Debt is not well covered by operating cash flow

High level of non-cash earnings

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

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Cadeler A/S Competitors

Argan

NYSE:AGX

US$1.9b

MYR Group

NasdaqGS:MYRG

US$2.5b

Centuri Holdings

NYSE:CTRI

US$1.8b

Primoris Services

NYSE:PRIM

US$4.3b

Price History & Performance

Summary of share price highs, lows and changes for Cadeler
Historical stock prices
Current Share Price	NOK 22.41
52 Week High	NOK 28.75
52 Week Low	NOK 16.29
Beta	0.61
1 Month Change	-5.68%
3 Month Change	-16.57%
1 Year Change	23.54%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	28.06%

Recent updates

Shareholder Returns

	CDLR	US Construction	US Market
7D	-2.9%	-5.4%	-3.5%
1Y	23.5%	50.2%	22.1%

Return vs Industry: CDLR underperformed the US Construction industry which returned 50.2% over the past year.

Return vs Market: CDLR exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is CDLR's price volatile compared to industry and market?
CDLR volatility
CDLR Average Weekly Movement	3.9%
Construction Industry Average Movement	6.7%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: CDLR's weekly volatility (4%) 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?
CDLR fundamental statistics
Market cap	US$1.97b
Earnings (TTM)	US$9.51m
Revenue (TTM)	US$188.04m

207.0x

P/E Ratio

10.5x

P/S Ratio

Is CDLR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDLR 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 CDLR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 02:50
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cadeler A/S is covered by 8 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jørgen Lande	Danske Bank
Martin Karlsen	DNB Markets
Magnus Andersen	Fearnley Securities