Added to YB: 2025-09-10
Pitch date: 2025-09-08
CDLR [bullish]
Cadeler A/S
+4.22%
current return
Author Info
Norwegian Hidden Gems is a research-driven newsletter focused on uncovering undervalued small-cap stocks listed on the Oslo Stock Exchange. Sign up for the newsletter.
Company Info
Cadeler A/S, together with its subsidiaries, operates as an offshore wind installation vessel contractor in Denmark, the United Kingdom, Germany, Poland, rest of Europe, the United States, and Taiwan.
Market Cap
NOK 1.9B
Pitch Price
NOK 53.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.19
P/E
7.03
EV/Sales
4.74
Sector
Construction and Engineering
Category
growth
Cadeler: From Headwinds to High Yields
CDLR.OL: Offshore wind vessel owner w/ EUR 2.5bn backlog (97% FID projects), expanding to 12 vessels by 2027. Vessel supply tightening as turbines grow to 20MW+. FCF could reach 35-44% market cap 2026-28, potential 13-17% dividend yields post-expansion. Risk: heavy newbuild commitments, political delays.
Read full article (3 min)