Cadeler ASCDLR -3.12%57 Return-on-Tangible-Equity is -1.78% as of Mar. 2026. GuruFocus rates CDLR with a GF Score™ of 57/100 and a GF Value™ of $60.79 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,705 Construction companies, Cadeler AS ranks better than 75.25% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Cadeler AS's annualized net income for the quarter that ended in Mar. 2026 was $-32.6 Mil. Cadeler AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,829.9 Mil. Therefore, Cadeler AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -1.78%.
The historical rank and industry rank for Cadeler AS's Return-on-Tangible-Equity or its related term are showing as below:
CDLR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -45.74 Med: 2.59 Max: 20.82
Current: 19.21
During the past 9 years, Cadeler AS's highest Return-on-Tangible-Equity was 20.82%. The lowest was -45.74%. And the median was 2.59%.
CDLR's Return-on-Tangible-Equity is ranked better than 75.25% of 1705
companies
in the Construction industry
Industry Median: 8.25
vs CDLR: 19.21
Cadeler AS (NYSE:CDLR) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Cadeler AS Return-on-Tangible-Equity Related Terms
Cadeler AS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cadeler AS's Return-on-Tangible-Equity 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-Equity Comparison
For the Engineering & Construction subindustry, Cadeler AS's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Construction Industry
For the Construction industry and Industrials sector, Cadeler AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cadeler AS's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -1.78% mean?
Cadeler AS (CDLR) has a Return-on-Tangible-Equity of -1.78% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cadeler AS and its competitors. According to the industry distribution chart, Cadeler AS ranks #422 out of 1705 companies in the Construction industry, placing it in the top 24.8%.
Is Cadeler AS's Return-on-Tangible-Equity too high?
Cadeler AS's current Return-on-Tangible-Equity is -1.78%. Based on the distribution chart, Cadeler AS ranks #422 out of 1705 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-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Cadeler AS ranks #422 out of 1705 companies for Return-on-Tangible-Equity. This places Cadeler AS in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. 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-Equity for a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,705 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cadeler AS and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cadeler AS's current Return-on-Tangible-Equity is -1.78%. 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 $60.79, compared to a current price of $21.11 — trading 65.3% below its estimated fair value. The current Return-on-Tangible-Equity is -1.78%. 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Cadeler AS (CDLR), the current Return-on-Tangible-Equity is -1.78% 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 $21.11 is trading 65.3% below its estimated GF Value™ of $60.79.
GuruFocus considers Cadeler AS to be Possible Value Trap.
Key valuation signals for CDLR:
Return-on-Tangible-Equity: -1.78%
GF Value™: $60.79 vs. price of $21.11 (65.3% 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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