Cadeler ASCDLR +6.04%57 Debt-to-EBITDA is 7.06 as of Mar. 2026, which is 115% above its 10-year median of 3.29. GuruFocus rates CDLR with a GF Score™ of 57/100 and a GF Value™ of $66.51 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,398 Construction companies, Cadeler AS ranks worse than 62.66% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Cadeler AS's Debt-to-EBITDA or its related term are showing as below:
CDLR'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -118.12 Med: 3.29 Max: 6.93
Current: 3.41
During the past 9 years, the highest Debt-to-EBITDA Ratio of Cadeler AS was 6.93. The lowest was -118.12. And the median was 3.29.
CDLR's Debt-to-EBITDA is ranked worse than 62.66% of 1398
companies
in the Construction industry
Industry Median: 2.19
vs CDLR: 3.41
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Cadeler AS Debt-to-EBITDA Related Terms
Cadeler AS Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Cadeler AS's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Engineering & Construction subindustry, Cadeler AS's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cadeler AS Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Cadeler AS's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Cadeler AS's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Cadeler AS (CDLR) has a Debt-to-EBITDA of 7.06 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cadeler AS. This is 115% above median its historical median of 3.29. According to the industry distribution chart, Cadeler AS ranks #876 out of 1398 companies in the Construction industry, placing it in the top 62.7%.
Is Cadeler AS's Debt-to-EBITDA too high?
Cadeler AS's current Debt-to-EBITDA of 7.06 is 115% above median its 10-year median of 3.29. The Construction industry median Debt-to-EBITDA is 2.19. Cadeler AS's value of 7.06 is 222.4% above this industry median. Based on the distribution chart, Cadeler AS ranks #876 out of 1398 companies in the Construction industry, which is below the industry midpoint. Overall, Cadeler AS has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cadeler AS's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Cadeler AS ranks #876 out of 1398 companies for Debt-to-EBITDA. This places Cadeler AS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.19. Cadeler AS's value of 7.06 is 222.4% above this benchmark. While the company's 10-year median is 3.29 vs. the industry median of 2.19, Cadeler AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Construction company?
The median Debt-to-EBITDA among Construction companies is 2.19, based on 1,398 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cadeler AS's current Debt-to-EBITDA of 7.06 is 222.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cadeler AS. For the Construction industry, the median Debt-to-EBITDA is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cadeler AS's current Debt-to-EBITDA is 7.06, which is 115% above median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadeler AS stock overvalued right now?
Based on GuruFocus' analysis, Cadeler AS (CDLR) is currently considered Possible Value Trap. The stock's GF Value™ is $66.51, compared to a current price of $23.51 — trading 64.7% below its estimated fair value. The current Debt-to-EBITDA is 7.06, which is 115% above median its 10-year median of 3.29 and 222.4% above the Construction industry median of 2.19. Cadeler AS's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Cadeler AS (CDLR), the current Debt-to-EBITDA is 7.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cadeler AS (CDLR) Overvalued in 2026?
Based on GuruFocus' analysis, Cadeler AS stock appears to be undervalued.
The current stock price of $23.51 is trading 64.7% below its estimated GF Value™ of $66.51.
GuruFocus considers Cadeler AS to be Possible Value Trap.
Key valuation signals for CDLR:
Debt-to-EBITDA: 7.06 (115% above median its 10-year median of 3.29)
GF Value™: $66.51 vs. price of $23.51 (64.7% below fair value)
Industry Position: 222.4% above the Construction median (#876 of 1398)
No single metric tells the full story. See the CDLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cadeler AS is an offshore wind installation vessel contractor. It currently operates various offshore jack-up wind installation vessels, with new builds on order. The Group operates within the market for the transportation and installation of offshore wind turbine generators (WTGs) and their foundations. In addition to wind farm installation, its vessels can perform maintenance, decommissioning, and other general construction tasks within the offshore industry. Cadler's customer base consists of offshore wind farm developers, original equipment manufacturers, and various offshore contractors. Geographically, the Group generates maximum revenue from the United States and the rest from the United Kingdom, Taiwan, Germany, Denmark, Poland, and other regions.
57GF Score
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