Added to YB: 2025-09-23
Pitch date: 2025-09-20
CDLR [bullish]
Cadeler A/S
+10.89%
current return
Author Info
No bio for this author
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 51.90
Price Target
89.00 (+55%)
Dividend
N/A
EV/EBITDA
7.19
P/E
7.03
EV/Sales
4.74
Sector
Construction and Engineering
Category
growth
Cadeler: The Hidden Giant of Offshore Wind
CDLR: Offshore wind turbine installer w/ €2.5B backlog (4-5 yrs locked revenue), modern fleet handling 20MW+ turbines. Revenue €45M→€585M (2020-25E). Debt €1.2B but vessel-backed w/ green financing. Expanding Asia/US + O&M recurring revenue via Nexra. 6x EV/EBITDA, 50-60% upside per analysts.
Read full article (3 min)