Company Valuation: Cadeler A/S

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 267.7 506.8 720.7 1,304 1,893 1,583 - -
Change - 89.34% 42.2% 80.89% 45.24% -16.37% - -
Enterprise Value (EV) 1 283.7 577.6 816.6 1,414 2,417 2,809 2,760 2,491
Change - 103.58% 41.4% 73.09% 70.98% 16.22% -1.76% -9.72%
P/E ratio -2.23x 61x 16.6x 69.8x 28.4x 10.1x 5.13x 3.42x
PBR 1.11x 1.3x 1.33x 1.36x 1.53x 1.15x 0.96x 0.77x
PEG - -1x 0x -1x 0x 0x 0.1x 0.1x
Capitalization / Revenue 13.7x 8.32x 6.77x 12x 7.6x 3.21x 1.73x 1.49x
EV / Revenue 14.5x 9.48x 7.67x 13x 9.71x 5.69x 3.02x 2.34x
EV / EBITDA -13.9x 20.9x 12.8x 28.2x 19.2x 9.54x 5.3x 3.54x
EV / EBIT -7.9x 51.9x 19.8x 97.9x 34.8x 13.7x 6.96x 4.45x
EV / FCF -1.07x -4.35x -4.18x -448x -4.63x -4.22x 15.2x 6.72x
FCF Yield -93.7% -23% -23.9% -0.22% -21.6% -23.7% 6.57% 14.9%
Dividend per Share 2 - - - - - 0.25 0.1267 0.345
Rate of return - - - - - 5.53% 2.8% 7.64%
EPS 2 -1.04 0.06 0.22 0.06 0.19 0.4492 0.8801 1.319
Distribution rate - - - - - 55.7% 14.4% 26.2%
Net sales 1 19.5 60.94 106.4 108.6 249 493.8 914.8 1,066
EBITDA 1 -20.43 27.61 63.88 50.2 126 294.5 520.2 702.8
EBIT 1 -35.91 11.13 41.19 14.44 69.44 204.3 396.8 560.1
Net income 1 -27.03 7.451 35.54 11.5 65.07 156.9 308 462.1
Net Debt 1 16.04 70.77 95.99 110 523.5 1,226 1,176 908.1
Reference price 2 2.316 3.657 3.647 4.186 5.398 4.518 4.518 4.518
Nbr of stocks (in thousands) 115,574 138,574 197,600 311,410 350,743 350,479 - -
Announcement Date 4/6/21 3/29/22 3/28/23 3/26/24 3/25/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.06x5.69x9.54x5.53% 1.83B
4.41x - - 3.09% 11.23B
131.06x0.63x90.3x-.--% 1.37B
71.49x - - - 848M
36.97x - - - 578M
12.59x0.78x6.41x1.86% 486M
7.96x1.86x6.91x4.51% 429M
17.19x0.69x9.09x2.9% 414M
38.69x - - - 394M
Average 36.71x 1.93x 24.45x 2.98% 1.95B
Weighted average by Cap. 20.53x 2.81x 33.31x 3.1%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield