WallStSmart

Cadeler A/S (CDLR)vsFerrovial SE (FER)

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Smart Verdict

WallStSmart Research — data-driven comparison

Ferrovial SE generates 1252% more annual revenue ($9.86B vs $729.35M). CDLR leads profitability with a 27.5% profit margin vs 6.2%. CDLR trades at a lower P/E of 10.5x. CDLR earns a higher WallStSmart Score of 57/100 (C).

CDLR

Buy

57

out of 100

Grade: C

Growth: 6.7Profit: 8.5Value: 7.0Quality: 5.5
Piotroski: 4/9Altman Z: 1.09

FER

Hold

38

out of 100

Grade: F

Growth: 4.7Profit: 5.5Value: 3.0Quality: 4.0
Piotroski: 4/9Altman Z: 0.94
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CDLRUndervalued (+14.4%)

Margin of Safety

+14.4%

Fair Value

$30.19

Current Price

$22.90

$7.29 discount

UndervaluedFair: $30.19Overvalued

Intrinsic value data unavailable for FER.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CDLR5 strengths · Avg: 9.4/10
P/E RatioValuation
10.5x10/10

Attractively priced relative to earnings

Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Operating MarginProfitability
40.1%10/10

Strong operational efficiency at 40.1%

Profit MarginProfitability
27.5%9/10

Keeps 28 of every $100 in revenue as profit

Revenue GrowthGrowth
21.3%8/10

Revenue surging 21.3% year-over-year

FER0 strengths · Avg: 0/10

No standout strengths identified

Areas to Watch

CDLR3 concerns · Avg: 2.0/10
EPS GrowthGrowth
-26.3%2/10

Earnings declined 26.3%

Free Cash FlowQuality
$-23.07M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
1.092/10

Distress zone — elevated risk

FER4 concerns · Avg: 2.5/10
Profit MarginProfitability
6.2%3/10

6.2% margin — thin

Debt/EquityHealth
1.863/10

Elevated debt levels

PEG RatioValuation
10.062/10

Expensive relative to growth rate

P/E RatioValuation
58.9x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : CDLR

The strongest argument for CDLR centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 27.5% and operating margin at 40.1%. Revenue growth of 21.3% demonstrates continued momentum.

Bull Case : FER

FER has a balanced fundamental profile.

Bear Case : CDLR

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

Bear Case : FER

The primary concerns for FER are Profit Margin, Debt/Equity, PEG Ratio. A P/E of 58.9x leaves little room for execution misses. Debt-to-equity of 1.86 is elevated, increasing financial risk.

Key Dynamics to Monitor

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

FER carries more volatility with a beta of 0.78 — expect wider price swings.

CDLR is growing revenue faster at 21.3% — sustainability is the question.

FER generates stronger free cash flow (733M), providing more financial flexibility.

Bottom Line

CDLR scores higher overall (57/100 vs 38/100), backed by strong 27.5% margins and 21.3% 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.

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.

Ferrovial SE

INDUSTRIALS · ENGINEERING & CONSTRUCTION · USA

Ferrovial SE, engages in the development, construction, and operation of highways and airports in the United States, Poland, Spain, the United Kingdom, Canada, and internationally. The company is headquartered in Amsterdam, the Netherlands.

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