Cadeler A/S (CDLR) Financial Ratios
9 years of historical data (2016–2024) · Industrials · Marine Shipping
EV/EBITDA
↓
21.55
↓-10% vs avg
5yr avg: 24.02
30Y Low19.8·High28.3
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↑
1.73
↑+36% vs avg
5yr avg: 1.27
30Y Low1.0·High1.6
ROE
↑
5.9%
↓+649% vs avg
5yr avg: -1.1%
30Y Low-31%·High30%
Debt/EBITDA
↑
4.68
↑+26% vs avg
5yr avg: 3.70
30Y Low1.8·High43.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CDLR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Cadeler A/S trades at 32.4x earnings, 41% below its 5-year average of 54.7x, sitting at the 50th percentile of its historical range. Compared to the Industrials sector median P/E of 25.9x, the stock trades at a premium of 25%.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.5B | $1.9B | $935M | — | — | — | — | — | — | — |
| Enterprise Value | $3.2B | $2.5B | $1.0B | — | — | — | — | — | — | — |
| P/E Ratio → | 32.41 | 29.38 | 80.00 | — | — | — | — | — | — | — |
| P/S Ratio | 8.68 | 7.79 | 8.61 | — | — | — | — | — | — | — |
| P/B Ratio | 1.73 | 1.57 | 0.97 | — | — | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — |
| P/OCF | 23.18 | 20.80 | 14.75 | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
CDLR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Cadeler A/S's enterprise value stands at 21.5x EBITDA, 10% below its 5-year average of 24.0x. The Industrials sector median is 13.9x, placing the stock at a 55% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 9.89 | 9.62 | — | — | — | — | — | — | — |
| EV / EBITDA | 21.55 | 19.77 | 28.28 | — | — | — | — | — | — | — |
| EV / EBIT | 38.62 | 35.43 | 38.48 | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — |
CDLR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Cadeler A/S earns an operating margin of 27.9%, significantly above the Industrials sector average of 4.9%. Operating margins have compressed from 38.7% to 27.9% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 5.9% is modest, trailing the sector median of 8.2%. ROIC of 3.7% represents below-average returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 48.8% | 48.8% | 48.5% | 52.7% | 36.0% | -135.6% | -16.7% | 8.9% | -11.0% | 18.2% |
| Operating Margin | 27.9% | 27.9% | 13.3% | 38.7% | 18.3% | -184.2% | -35.6% | 3.6% | -18.1% | 14.1% |
| Net Profit Margin | 26.2% | 26.2% | 10.6% | 33.4% | 12.2% | -138.6% | -61.9% | 1.3% | -14.2% | 10.0% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.9% | 5.9% | 1.5% | 8.2% | 2.6% | -23.7% | — | 6.6% | -31.5% | 30.2% |
| ROA | 4.1% | 4.1% | 1.2% | 6.5% | 2.0% | -8.9% | -11.8% | 0.6% | -7.1% | 24.1% |
| ROIC | 3.7% | 3.7% | 1.3% | 6.0% | 2.6% | -15.3% | -9.1% | 1.4% | -7.5% | 31.9% |
| ROCE | 4.6% | 4.6% | 1.6% | 8.0% | 3.3% | -13.1% | -7.8% | 2.2% | -11.0% | 38.5% |
CDLR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Cadeler A/S carries a Debt/EBITDA ratio of 4.7x, which is highly leveraged (48% above the sector average of 3.2x). Net debt stands at $524M ($582M total debt minus $58M cash). Interest coverage of 24.8x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.47 | 0.47 | 0.22 | 0.21 | 0.23 | 0.31 | — | 10.84 | 7.29 | — |
| Debt / EBITDA | 4.68 | 4.68 | 5.59 | 1.83 | 2.69 | — | — | 43.87 | — | — |
| Net Debt / Equity | — | 0.42 | 0.11 | 0.18 | 0.22 | 0.04 | — | 10.81 | 7.24 | -0.00 |
| Net Debt / EBITDA | 4.21 | 4.21 | 2.98 | 1.53 | 2.61 | — | — | 43.72 | — | -0.00 |
| Debt / FCF | — | — | — | — | — | — | — | 9.62 | — | — |
| Interest Coverage | 24.84 | 24.84 | 5.02 | 26.94 | 3.24 | -8.37 | -2.41 | 0.45 | -123.81 | 11.69 |
CDLR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.53x means Cadeler A/S can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 5.04x to 1.53x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.53 | 1.53 | 2.75 | 5.04 | 0.46 | 3.26 | 0.58 | 1.14 | 0.93 | 8.57 |
| Quick Ratio | 1.52 | 1.52 | 2.72 | 5.00 | 0.45 | 3.25 | 0.57 | 1.10 | 0.91 | 8.35 |
| Cash Ratio | 0.47 | 0.47 | 1.80 | 1.61 | 0.04 | 2.48 | 0.04 | 0.02 | 0.03 | 0.00 |
| Asset Turnover | — | 0.13 | 0.09 | 0.16 | 0.14 | 0.06 | 0.14 | 0.53 | 0.30 | 2.41 |
| Inventory Turnover | 122.47 | 122.47 | 30.49 | 91.68 | 88.69 | 147.24 | 171.66 | 77.82 | 77.23 | 79.49 |
| Days Sales Outstanding | — | 147.61 | 133.05 | 129.07 | 122.03 | 130.10 | 141.51 | 63.88 | 25.46 | 30.41 |
CDLR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Cadeler A/S returns 0.1% to shareholders annually primarily through share buybacks. The earnings yield of 3.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.1% | 3.4% | 1.3% | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.1% | 0.1% | 0.0% | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.1% | 0.1% | 0.0% | — | — | — | — | — | — | — |
| Shares Outstanding | — | $87M | $51M | $41M | $33M | $6M | $10M | $10M | $780000 | $0 |
Peer Comparison
Compare CDLR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CDLRYou | $3B | 32.4 | 21.5 | — | 48.8% | 27.9% | 5.9% | 3.7% | 4.7 |
 GLDD | $1B | 15.7 | 9.3 | 11.4 | 22.9% | 14.1% | 15.2% | 9.7% | 2.7 |
 TDW | $4B | 12.3 | 7.5 | 11.5 | 30.8% | 21.4% | 27.1% | 15.2% | 1.2 |
 OII | $4B | 10.6 | 8.6 | 17.8 | 20.4% | 10.9% | 39.4% | 23.4% | 1.2 |
 AMSC | $3B | 356.7 | 488.0 | 105.9 | 27.8% | -0.5% | 3.5% | -0.9% | 0.6 |
 GE | $320B | 37.5 | 32.8 | 44.0 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
 ENPH | $5B | 27.8 | 22.4 | 49.2 | 46.6% | 11.2% | 17.9% | 6.8% | 5.1 |
 ARRY | $1B | -11.1 | 13.4 | 15.6 | 21.2% | 6.6% | -19.0% | 9.0% | 5.8 |
 ITRI | $4B | 12.7 | 10.7 | 9.7 | 37.5% | 13.5% | 19.1% | 13.1% | 3.5 |
 AWK | $25B | 22.0 | 14.5 | — | 43.3% | 36.6% | 10.5% | 5.5% | 5.7 |
 NEE | $199B | 29.0 | 19.0 | — | 62.8% | 30.1% | 10.7% | 4.1% | 6.2 |
| Industrials Median | — | 25.9 | 13.9 | 20.6 | 32.8% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
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Start ComparisonCDLR — Frequently Asked Questions
Quick answers to the most common questions about buying CDLR stock.
What is Cadeler A/S's P/E ratio?
Cadeler A/S's current P/E ratio is 32.4x. The historical average is 54.7x. This places it at the 50th percentile of its historical range.
What is Cadeler A/S's EV/EBITDA?
Cadeler A/S's current EV/EBITDA is 21.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 24.0x.
What is Cadeler A/S's ROE?
Cadeler A/S's return on equity (ROE) is 5.9%. The historical average is -0.0%.
Is CDLR stock overvalued?
Based on historical data, Cadeler A/S is trading at a P/E of 32.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Cadeler A/S's profit margins?
Cadeler A/S has 48.8% gross margin and 27.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Cadeler A/S have?
Cadeler A/S's Debt/EBITDA ratio is 4.7x, indicating high leverage. A ratio above 4x may signal elevated financial risk.