Critical Review: OceanPal (NASDAQ:OP) vs. Cadeler A/S (NYSE:CDLR)

Cadeler A/S (NYSE:CDLR) and OceanPal (NASDAQ:OP) are both small-cap transportation companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, profitability, risk, valuation and earnings.

Institutional and Insider Ownership

53.0% of Cadeler A/S shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Cadeler A/S and OceanPal’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Cadeler A/S	N/A	N/A	N/A
OceanPal	-58.08%	-14.26%	-13.78%

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Cadeler A/S and OceanPal, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cadeler A/S	0	0	1	0	3.00
OceanPal	0	0	0	0	0.00

Cadeler A/S currently has a consensus target price of $37.00, indicating a potential upside of 62.92%. Given Cadeler A/S’s stronger consensus rating and higher probable upside, research analysts clearly believe Cadeler A/S is more favorable than OceanPal.

Valuation & Earnings

This table compares Cadeler A/S and OceanPal”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Cadeler A/S	$180.22 million	11.06	$12.44 million	N/A	N/A
OceanPal	$5.01 billion	0.00	-$1.98 million	($1.89)	-0.70

Cadeler A/S has higher earnings, but lower revenue than OceanPal.

Summary

Cadeler A/S beats OceanPal on 9 of the 10 factors compared between the two stocks.

About Cadeler A/S

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm construction, maintenance, decommissioning, and other tasks within the offshore industry, as well as marine and engineering services. The company owns and operates four offshore jack-up windfarm installation vessels. Cadeler A/S was incorporated in 2008 and is headquartered in Copenhagen, Denmark.

About OceanPal

OceanPal Inc. provides ocean-going transportation services worldwide. The company owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including bauxite, phosphate, and fertilizers. As of December 31, 2023, its fleet consisted of five dry bulk carriers, which include three Panamaxes and two Capesize vessels with a cargo carrying capacity of approximately 572,599 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.