Market Pulse59Neutral

Cadeler A/S(CDLR) Intrinsic Value & DCF Analysis (2026)

Sector: Industrials

Current Price

$28.81

Last updated: May 08, 2026

Price vs Intrinsic Value

$28.81
Price
$595.84
Intrinsic Value
Undervalued by 1968%MOS: $476.67

Fundamental Score

75/100
Bullish

Weighted across 6 signals

Narrative Score

50/100
Weak

No change vs previous

Trend Score

0/100
Unavailable

Trend data unavailable

The intrinsic value of Cadeler A/S (CDLR) is estimated at $595.84 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $28.81, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 14.43% long-term growth rate and a 10.00% discount rate (calculated: 5.62%), reflecting expected future free cash flow and cost of capital.

The intrinsic value of Cadeler A/S (CDLR) is estimated at $595.84 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $28.81, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 14.43% long-term growth rate and a 10.00% discount rate (calculated: 5.62%), reflecting expected future free cash flow and cost of capital.

Valuation Details

$595.84
▲ 1968.17% upside
20% margin of safety: $476.67
Years: 10Growth Rate: 14.43%
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Capital Efficiency

Average Quarterly ROIC
2.88%
Cost of Capital (estimated)9%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.

Fundamental Details

75/100
BullishWeighted across 6 signals
DCF Discount
1968.2% discount to price
100
FCF Yield
74.3% trailing FCF yield
100
ROIC vs WACC
ROIC 2.9% vs WACC 9.0% (0.3x)
16
Net Debt / FCF
0.9x net debt to FCF
82
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
45.4% 5Y FCF CAGR
100
Strengths: DCF Discount, FCF Yield. Concerns: ROIC vs WACC.

Narrative Details

50/100
Weak
Vs 6-Month Baseline:Low (19th pct)Weighted across 1 driver
Trend: StableConfidence: 41%Updated: 16h ago
Sources: 6 (6 News)
Drivers(last 30 days)
6 news sentiment+0.0

Trend Details

0/100
NeutralRules-based daily model
Trend score unavailable for this ticker right now.

Investment Coach

Updating... 1d ago
BUYConfidence: 62%
Thesis
Cadeler A/S is significantly undervalued with an estimated fair value over 2000% above its current price, supported by strong fundamentals including a high free cash flow yield and robust buyback activity. Despite trailing returns relative to cost of capital, the company's healthy cash flow growth and bullish fundamental score suggest substantial upside potential.
Key Risk
The key risk is the negative spread between ROIC and WACC, indicating the company is not currently generating returns above its cost of capital.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC vs WACC spread for sustained improvement.
  • Follow narrative trend for meaningful shifts in the score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 21.72%5 Year CAGR: 52.57%

Free Cash Flow (in millions)

TTM2025202420232022202120202019201820172016
$1,878$1,773$832$153$299$227$289-$2$14$0$0

How Intrinziq Estimates Fair Value

Intrinziq estimates Cadeler A/S's intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

Cadeler A/SIndustrials

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm maintenance, construction, decommissioning, and other tasks within the offshore industry, as well as marine and engineering services. The company owns and operates four offshore jack-up windfarm installation vessels. Cadeler A/S was incorporated in 2008 and is headquartered in Copenhagen, Denmark.