Cadeler ASCDLR -3.56%57 Return-on-Tangible-Asset is -0.81% as of Mar. 2026. GuruFocus rates CDLR with a GF Score™ of 57/100 and a GF Value™ of $62.07 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,776 Construction companies, Cadeler AS ranks better than 82.83% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Cadeler AS's annualizedNet Income for the quarter that ended in Mar. 2026 was $-32.6 Mil. Cadeler AS's average total tangible assets for the quarter that ended in Mar. 2026 was $4,021.4 Mil. Therefore, Cadeler AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.81%.
The historical rank and industry rank for Cadeler AS's Return-on-Tangible-Asset or its related term are showing as below:
CDLR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.55 Med: 1.59 Max: 10.57
Current: 9.04
During the past 9 years, Cadeler AS's highest Return-on-Tangible-Asset was 10.57%. The lowest was -19.55%. And the median was 1.59%.
CDLR's Return-on-Tangible-Asset is ranked better than 82.83% of 1776
companies
in the Construction industry
Industry Median: 3.01
vs CDLR: 9.04
Cadeler AS (NYSE:CDLR) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Cadeler AS Return-on-Tangible-Asset Related Terms
Cadeler AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Cadeler AS's Return-on-Tangible-Asset 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: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Cadeler AS's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Cadeler AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cadeler AS's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.81% mean?
Cadeler AS (CDLR) has a Return-on-Tangible-Asset of -0.81% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cadeler AS and its competitors. According to the industry distribution chart, Cadeler AS ranks #305 out of 1776 companies in the Construction industry, placing it in the top 17.2%.
Is Cadeler AS's Return-on-Tangible-Asset too high?
Cadeler AS's current Return-on-Tangible-Asset is -0.81%. Based on the distribution chart, Cadeler AS ranks #305 out of 1776 companies in the Construction industry, which is in the top quartile — a strong position 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 Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Cadeler AS ranks #305 out of 1776 companies for Return-on-Tangible-Asset. This places Cadeler AS in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.01, based on 1,776 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cadeler AS and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cadeler AS's current Return-on-Tangible-Asset is -0.81%. 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 $62.07, compared to a current price of $21.13 — trading 66% below its estimated fair value. The current Return-on-Tangible-Asset is -0.81%. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Cadeler AS (CDLR), the current Return-on-Tangible-Asset is -0.81% 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 $21.13 is trading 66% below its estimated GF Value™ of $62.07.
GuruFocus considers Cadeler AS to be Possible Value Trap.
Key valuation signals for CDLR:
Return-on-Tangible-Asset: -0.81%
GF Value™: $62.07 vs. price of $21.13 (66% 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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