CDLR
Cadeler A/S
$21.58
-0.77
(-3.45%)
Mkt Cap
2.08B
Volume
77,789
52W Range
15.37-30.01
Sector
Industrials
Beta
0.71
EPS (TTM)
3.00
P/E Ratio
7.19
Revenue (TTM)
678.04M
Rev Growth (5Y)
+98.2%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
What we estimate one share is worth
$77.91
Undervalued
strong signal
72.3% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
C-
Stable Earnings Power
44.4 / 100 composite
Steady, predictable earnings power — graded A–F vs. similar companies.
Company Description
Cadeler A/S, founded in 2008 and headquartered in Copenhagen, Denmark, operates as a specialized contractor within the offshore wind sector. The company primarily focuses on the transportation and installation of wind farm components. In addition to these core services, Cadeler provides comprehensive solutions for wind farm maintenance, construction, and decommissioning, alongside broader marine and engineering services for the offshore industry. A key asset in its operations is its fleet of four specialized offshore jack-up vessels, dedicated to wind farm installation projects.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 595.87M | 248.74M | 108.62M | 106.42M | 60.94M | 19.50M | 38.38M | 71.93M | 44.94M | 71.04M |
| Net Income | 269.13M | 65.07M | 11.50M | 35.54M | 7.45M | (27.03M) | (23.76M) | 918,974 | (6.38M) | 7.11M |
| EPS | 3.08 | 0.76 | 0.23 | 0.88 | 0.23 | -3.88 | -2.44 | -0.68 | -8.16 | 0.00 |
| Free Cash Flow | (862.50M) | (522.85M) | (3.55M) | (196.37M) | (133.18M) | (265.74M) | (2.08M) | 11.98M | 0 | 0 |
| FCF / Share | -9.84 | -6.04 | -0.07 | -4.81 | -4.06 | -40.99 | -0.22 | 1.25 | N/A | N/A |
| Operating CF | 324.40M | 93.10M | 63.38M | 29.04M | 30.20M | (9.60M) | (2.01M) | 12.15M | 0 | 0 |
| Total Assets | 3.42B | 1.94B | 1.25B | 670.03M | 424.77M | 336.81M | 268.03M | 134.84M | 149.73M | 29.44M |
| Total Debt | 1.62B | 581.99M | 206.56M | 115.28M | 73.58M | 74.29M | 114.32M | 115.63M | 123.94M | 0 |
| Cash & Equiv | 151.61M | 58.46M | 96.61M | 19.01M | 2.31M | 63.64M | 1.24M | 397,000 | 797,000 | 807 |
| Book Value | 1.50B | 1.23B | 959.04M | 540.57M | 325.26M | 241.06M | (13.10M) | 10.66M | 17.00M | 23.53M |
| Return on Equity | 0.18 | 0.05 | 0.01 | 0.07 | 0.02 | -0.11 | N/A | 0.09 | -0.38 | 0.30 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 124.73M | 166.00M | 154.25M | 233.06M | 65.47M | 85.95M | 80.57M | 63.16M | 19.06M | 17.43M | 23.41M | 48.87M |
| Net Income | (7.05M) | 47.39M | 64.61M | 165.94M | 1.80M | 37.25M | 27.66M | 20.95M | (20.79M) | (18.70M) | 610,000 | 27.64M |
| EPS | -0.08 | 0.52 | 0.72 | 1.84 | 0.02 | 0.44 | 0.31 | 0.24 | -0.24 | -0.35 | 0.01 | 0.59 |
| Free Cash Flow | (48.95M) | (215.24M) | (44.12M) | (155.39M) | (446.32M) | (18.36M) | (225.64M) | (190.13M) | (88.73M) | (12.30M) | 23.89M | 1.17M |
| FCF / Share | -0.56 | -2.45 | -0.50 | -1.77 | -5.09 | -0.21 | -2.57 | -2.17 | -1.02 | -0.24 | 0.48 | 0.02 |
| Operating CF | 42.21M | 84.18M | 214.03M | 51.10M | 20.39M | 48.33M | 27.47M | 4.16M | 13.14M | 10.54M | 34.47M | 13.63M |
| Total Assets | 3.54B | 3.42B | 3.06B | 2.77B | 2.46B | 1.94B | 1.83B | 1.59B | 1.48B | 1.25B | 724.86M | 698.20M |
| Total Debt | 1.59B | 1.62B | 1.43B | 1.21B | 1.07B | 581.99M | 590.09M | 350.49M | 269.15M | 206.56M | 53.86M | 115.49M |
| Cash & Equiv | 221.29M | 151.61M | 217.76M | 53.03M | 94.11M | 58.46M | 91.85M | 93.05M | 209.13M | 96.61M | 74.72M | 19.05M |
| Book Value | 1.68B | 1.50B | 1.45B | 1.37B | 1.23B | 1.23B | 1.13B | 1.15B | 1.12B | 959.04M | 635.16M | 563.83M |
| Return on Equity | -0.00 | 0.03 | 0.04 | 0.12 | 0.00 | 0.03 | 0.02 | 0.02 | -0.02 | -0.02 | 0.00 | 0.05 |
CDLR News
Cadeler Takes Delivery of 11th Vessel: Wind Ace
Cadeler completes final turbine installation at RWE's Sofia Offshore Wind Farm
Cadeler's New Capacity Points To Significant Growth Ahead
Cadeler A/S Q1 Earnings Call Highlights
Q1 2026 Earnings Release: Cadeler Reports Strong Q1 Performance Driven by Fleet Expansion and Operational Activity in Line With Expectations
Cadeler Installs First Complete Monopile Foundation at Ørsted's Hornsea 3 Offshore Wind Farm
Cadeler announces planned investments in exceptional growth opportunities, balanced with dividend potential from strong cash flows
Cadeler A/S (CDLR) Q4 2025 Earnings Call Transcript
Annual Report 2025: Cadeler Delivers Strong Financial Results While Doubling Fleet Capacity
Nexra Wins Additional Near-Term Contract in Taiwan