Projected Income Statement: Cadeler A/S

Forecast Balance Sheet: Cadeler A/S

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 16 70.8 96 110 524 1,226 1,176 908
Change - 342.5% 35.59% 14.58% 376.36% 134.18% -4.08% -22.79%
Announcement Date 4/6/21 3/29/22 3/28/23 3/26/24 3/25/25 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Cadeler A/S

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 256.1 162.9 224.6 66.9 615.5 913 339.7 248.8
Change - -36.39% 37.84% -70.21% 820.11% 48.33% -62.79% -26.77%
Free Cash Flow (FCF) 1 -265.7 -132.7 -195.6 -3.156 -522.4 -666 181.3 370.8
Change - 50.05% -47.33% 98.39% -16,453.83% -27.48% 127.23% 104.49%
Announcement Date 4/6/21 3/29/22 3/28/23 3/26/24 3/25/25 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Cadeler A/S

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) -104.77% 45.31% 60.02% 46.21% 50.6% 59.64% 56.87% 65.93%
EBIT Margin (%) -184.16% 18.27% 38.7% 13.3% 27.89% 41.38% 43.37% 52.54%
EBT Margin (%) -138.62% 12.21% 33.4% 10.59% 27.1% 32.62% 34.96% 44.73%
Net margin (%) -138.62% 12.23% 33.4% 10.59% 26.13% 31.77% 33.67% 43.35%
FCF margin (%) -1,362.67% -217.83% -183.76% -2.91% -209.81% -134.87% 19.82% 34.78%
FCF / Net Income (%) 983.04% -1,781.52% -550.27% -27.45% -802.9% -424.47% 58.87% 80.24%

Profitability

        
ROA -8.1% 1.96% 7.6% - 4.08% 4.3% 7.1% 13.4%
ROE -23.72% 2.63% 8.3% 1.6% 5.93% 11.86% 19.37% 24.42%

Financial Health

        
Leverage (Debt/EBITDA) -0.79x 2.56x 1.5x 2.19x 4.15x 4.16x 2.26x 1.29x
Debt / Free cash flow -0.06x -0.53x -0.49x -34.84x -1x -1.84x 6.49x 2.45x

Capital Intensity

        
CAPEX / Current Assets (%) 1,313.46% 267.39% 211.05% 61.59% 247.21% 184.89% 37.14% 23.34%
CAPEX / EBITDA (%) -1,253.61% 590.09% 351.63% 133.27% 488.53% 310% 65.3% 35.4%
CAPEX / FCF (%) -96.39% -122.75% -114.85% -2,119.74% -117.82% -137.09% 187.35% 67.1%

Items per share

        
Cash flow per share 1 - - 0.1772 0.3119 0.27 0.8 1.2 1.5
Change - - - 76.02% -13.43% 196.3% 50% 25%
Dividend per Share 1 - - - - - 0.25 0.1267 0.345
Change - - - - - - -49.33% 172.36%
Book Value Per Share 1 2.086 2.814 2.736 3.08 3.518 3.93 4.693 5.85
Change - 34.92% -2.79% 12.57% 14.23% 11.71% 19.41% 24.67%
EPS 1 -1.04 0.06 0.22 0.06 0.19 0.4492 0.8801 1.319
Change - 105.77% 266.67% -72.73% 216.67% 136.42% 95.92% 49.9%
Nbr of stocks (in thousands) 115,574 138,574 197,600 311,410 350,743 350,479 350,479 350,479
Announcement Date 4/6/21 3/29/22 3/28/23 3/26/24 3/25/25 - - -
1EUR
Estimates
2025 *2026 *
P/E ratio 9.94x 5.08x
PBR 1.14x 0.95x
EV / Sales 5.65x 3x
Yield 5.6% 2.84%
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
AA
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
4.467EUR
Average target price
7.187EUR
Spread / Average Target
+60.90%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. CADLR Stock
  4. Financials Cadeler A/S