Cadeler AS
Research Cadeler AS (CDLR) on Bullrun: valuation model: 27.4% undervalued, market cap USD 2.08B, P/E 6.2. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerCDLR
- ExchangeNYSE
- CountryDenmark
- SectorIndustrials
- IndustryEngineering & Construction
- CurrencyUSD
- Valuation signal27.4% undervalued
- Market capUSD 2.08B
- P/E6.2
- Financial periodQ1 2026
- RevenueUSD 679.61M
- Net incomeUSD 271.34M
- Free cash flow-USD 48.96M
- Gross margin57.3%
Valuation Snapshot
Bullrun's latest valuation model marks Cadeler AS as 27.4% undervalued; latest market cap is USD 2.08B; P/E is 6.2.
Company Brief
Cadeler recently completed the installation of 100 turbines at Sofia Wind Farm and continues its strategic expansion with strong revenue growth highlighted in Q1 2026 earnings. Recent analyst commentary indicates a shifting narrative regarding fair value as investor views on the company diverge.
The company reported exceptional year-over-year performance with revenue up 318.3% and net income surging 527.1%, supported by an improved gross margin of 60.9%. Cadeler remains profitable across its operations in offshore wind installation, maintenance, and decommissioning.
Investors should monitor the company's ability to sustain high growth rates given recent analyst skepticism about fair value estimates. Continued execution on major projects like Sofia Wind Farm will be critical as market views shift.
Frequently asked questions
Is Cadeler AS overvalued or undervalued?
Bullrun's valuation model currently marks Cadeler AS as 27.4% undervalued.
What is Cadeler AS's market cap?
Cadeler AS's market capitalization is USD 2.08B.
What is Cadeler AS's P/E ratio?
Cadeler AS's price-to-earnings (P/E) ratio is 6.2.
What does Cadeler AS do?
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.