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Cadeler ASCDLR -0.42%57 Net Cash per Share is $-19.56 as of Mar. 2026. GuruFocus rates CDLR with a GF Score™ of 57/100 and a GF Value™ of $64.79 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 201 Construction companies, Cadeler AS ranks worse than 497511.94% on this metric.
The historical rank and industry rank for Cadeler AS's Net Cash per Share or its related term are showing as below:
During the past 9 years, the highest Price-to-Net-Cash Ratio of Cadeler AS was 9.38. The lowest was 9.38. And the median was 9.38.
CDLR's Price-to-Net-Cash is not ranked *
in the Construction industry.
Industry Median: 9.5 * Ranked among companies with meaningful Price-to-Net-Cash only.
Cadeler AS (NYSE:CDLR) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Cadeler AS Net Cash per Share Related Terms
Cadeler AS Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Cadeler AS's Net Cash per Share 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.
CDLR vs PWR, FIX, EME: Net Cash per Share Comparison
For the Engineering & Construction subindustry, Cadeler AS's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Construction Industry
For the Construction industry and Industrials sector, Cadeler AS's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Cadeler AS's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Cadeler AS's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Cadeler AS (CDLR) has a Net Cash per Share of $-19.56 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Cadeler AS and its competitors. Over the past decade, Cadeler AS's Net Cash per Share has ranged from 9.38 to 9.38. According to the industry distribution chart, Cadeler AS ranks #999999 out of 201 companies in the Construction industry.
Is Cadeler AS's Net Cash per Share too high?
Cadeler AS's current Net Cash per Share is $-19.56. Over the past 10 years, this metric has ranged from a low of 9.38 to a high of 9.38. Based on the distribution chart, Cadeler AS ranks #999999 out of 201 companies in the Construction industry, which is in the bottom quartile relative to peers. 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 Net Cash per Share compare to PWR and FIX?
According to the Construction industry distribution chart, Cadeler AS ranks #999999 out of 201 companies for Net Cash per Share. This places Cadeler AS in the lower half of its industry. The industry median Net Cash per Share is 9.50. Historically, Cadeler AS's own Net Cash per Share has ranged from 9.38 to 9.38 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Construction company?
The median Net Cash per Share among Construction companies is 9.50, based on 201 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Cadeler AS and its competitors. For the Construction industry, the median Net Cash per Share is 9.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cadeler AS's current Net Cash per Share is $-19.56. 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 $64.79, compared to a current price of $21.49 — trading 66.8% below its estimated fair value. The current Net Cash per Share is $-19.56. Cadeler AS's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Cadeler AS (CDLR), the current Net Cash per Share is $-19.56 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 $21.49 is trading 66.8% below its estimated GF Value™ of $64.79.
GuruFocus considers Cadeler AS to be Possible Value Trap.
Key valuation signals for CDLR:
Net Cash per Share: $-19.56
GF Value™: $64.79 vs. price of $21.49 (66.8% below fair value)
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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