WallStSmart

Api Group Corp (APG)vsCadeler A/S (CDLR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Api Group Corp generates 1142% more annual revenue ($8.44B vs $679.61M). CDLR leads profitability with a 39.9% profit margin vs 4.1%. CDLR earns a higher WallStSmart Score of 63/100 (C+).

APG

Hold

47

out of 100

Grade: D+

Growth: 6.7Profit: 5.5Value: 4.0Quality: 5.0
Piotroski: 5/9Altman Z: 1.72

CDLR

Buy

63

out of 100

Grade: C+

Growth: 9.3Profit: 7.5Value: 7.0Quality: 5.0
Piotroski: 4/9Altman Z: 1.09
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

APGSignificantly Overvalued (-88.4%)

Margin of Safety

-88.4%

Fair Value

$23.88

Current Price

$43.95

$20.07 premium

UndervaluedFair: $23.88Overvalued
CDLRUndervalued (+11.5%)

Margin of Safety

+11.5%

Fair Value

$29.20

Current Price

$23.04

$6.16 discount

UndervaluedFair: $29.20Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

APG1 strengths · Avg: 8.0/10
EPS GrowthGrowth
25.0%8/10

Earnings expanding 25.0% YoY

CDLR5 strengths · Avg: 9.6/10
P/E RatioValuation
6.5x10/10

Attractively priced relative to earnings

Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Profit MarginProfitability
39.9%10/10

Keeps 40 of every $100 in revenue as profit

Revenue GrowthGrowth
90.5%10/10

Revenue surging 90.5% year-over-year

EPS GrowthGrowth
26.4%8/10

Earnings expanding 26.4% YoY

Areas to Watch

APG3 concerns · Avg: 3.3/10
Altman Z-ScoreHealth
1.724/10

Distress zone — elevated risk

Profit MarginProfitability
4.1%3/10

4.1% margin — thin

Debt/EquityHealth
1.093/10

Elevated debt levels

CDLR2 concerns · Avg: 2.0/10
Free Cash FlowQuality
$-48.95M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
1.092/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : APG

The strongest argument for APG centers on EPS Growth. Revenue growth of 13.3% demonstrates continued momentum.

Bull Case : CDLR

The strongest argument for CDLR centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 39.9% and operating margin at 6.2%. Revenue growth of 90.5% demonstrates continued momentum.

Bear Case : APG

The primary concerns for APG are Altman Z-Score, Profit Margin, Debt/Equity. Thin 4.1% margins leave little buffer for downturns.

Bear Case : CDLR

The primary concerns for CDLR are Free Cash Flow, Altman Z-Score.

Key Dynamics to Monitor

APG profiles as a value stock while CDLR is a growth play — different risk/reward profiles.

APG carries more volatility with a beta of 1.61 — expect wider price swings.

CDLR is growing revenue faster at 90.5% — sustainability is the question.

APG generates stronger free cash flow (52M), providing more financial flexibility.

Bottom Line

CDLR scores higher overall (63/100 vs 47/100), backed by strong 39.9% margins and 90.5% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Api Group Corp

INDUSTRIALS · ENGINEERING & CONSTRUCTION · USA

APi Group Corporation provides security, specialty and industrial services primarily in North America. The company is headquartered in New Brighton, Minnesota.

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Cadeler A/S

INDUSTRIALS · ENGINEERING & CONSTRUCTION · USA

Cadeler A/S is a leading provider of offshore wind services, specializing in the installation and maintenance of wind turbines and related infrastructure. Leveraging its advanced fleet of jack-up vessels, the company is strategically positioned to meet the surging demand for renewable energy, particularly in the North Sea and other key markets. Cadeler's strong focus on sustainability and operational excellence, complemented by strategic partnerships, drives its competitive advantage and positions the company to capitalize on growth opportunities within the fast-evolving offshore wind industry, reinforcing its commitment to advancing the global transition to sustainable energy solutions.

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