Added to YB: 2025-07-02
Pitch date: 2025-07-01
CDLR [neutral]
Cadeler A/S
-12.11%
current return
Author Info
MVC Investing is a long-term investor. BSc in Economics, MSc in Finance. Equity Analyst with a focus on Fundamental Analysis and Valuation. Sign up for the newsletter.
Company Info
Cadeler A/S, together with its subsidiaries, engages in offshore wind farm installation, operations, and maintenance services in Denmark.
Market Cap
NOK 1.4B
Pitch Price
NOK 52.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.09
P/E
5.96
EV/Sales
5.51
Sector
Construction and Engineering
Category
value
Portfolio Update – 06/30/2025 – H1 Review - Cadeler A/S
CDLR (holding update): Strong execution but may trim if cash needed. Bargain valuation with uncorrelated, low-volatility returns. Concerns: capital-intensive industry like NBIS, debt-funded vessel expansion, limited ADR investor base, and Trump-related wind sector sentiment (despite only 10% NA backlog).
Read full article (1 min)