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Per Aarsleff Holding A/S (PAAL-B.CO)

DKK724.00 +7.00 (+0.98%)
DK CPH Industrials Engineering & Construction
Address Hasselager Allé 5 8260
Viby J, DK
CEO Jesper Kristian Jacobsen
IPO 2000-01-03
ISIN DK0060700516

Explore sections of this company profile

Description

Per Aarsleff Holding A/S, established in 1947 and headquartered in Viby J, Denmark, is a company dedicated to the construction and maintenance of diverse infrastructure and building structures, serving clients both within Denmark and globally. The firm, which changed its name from Per Aarsleff A/S in April 2016, operates through five specialized segments: Construction, Rail, Technical solutions, Ground Engineering, and Pipe Technologies. Its extensive service portfolio includes new domicile construction, building renovation, and technical contracts, alongside a wide array of infrastructure projects such as district heating systems, earthworks, roads, sewers, cables, paving, and railway works. Per Aarsleff also provides comprehensive onshore and offshore ground engineering services, covering sheet pile walls, diaphragm walls, king post walls, secant piles, anchor and injection works, and groundwater lowering systems. Additionally, the company offers specialized pipe renewal services.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
DKK724.00 +7.00 (+0.98%)
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Volume Profile
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Liquidity & share structure
Average Volume
22.2K
Beta
0.65
Float Shares
17.36M
Free Float %
92.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.09% +1.81% -1.08% -8.38% +0.69% -16.13% +18.80% +127.64% +148.47% +345.59% +2,454.90%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
724.00
DCF (Unlevered) 146.33 -79.8%
DCF (Levered) 4,268.23 +489.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.04
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Engineering & Construction: +6.7%
    +4.2% Q1'26: +15.4% (vs Q1'25)
  • EPS growth Engineering & Construction: +20.8%
    +7.1% Q1'26: +15.6% (vs Q1'25)
  • FCF margin FCF growth · Engineering & Construction: +51.6%
    +8.8% Q1'26: +6.3% (vs Q1'25)
  • EBIT margin Engineering & Construction: +7.0%
    +5.6% Q1'26: +4.1% (vs Q1'25)
  • ROIC Engineering & Construction: +6.4%
    +17.2% Q1'26: +11.9% (vs Q1'25)
  • Share dilution Engineering & Construction: +0.0%
    +0.0% Q1'26: -0.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×
    0.77× Q1'26: 1.23× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.65) × ERP
WACC = 89% × Ke + 11% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 146.33 Current price: 724.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Sep 2015
actual
Sep 2016
actual
Sep 2017
actual
Sep 2018
actual
Sep 2019
actual
Sep 2020
actual
Sep 2021
actual
Sep 2022
actual
Sep 2023
actual
Sep 2024
actual
Sep 2025
actual
Sep 2026
2 Rev. Ana.
3 EPS Ana.
Sep 2027
3 Rev. Ana.
3 EPS Ana.
Sep 2028
3 Rev. Ana.
3 EPS Ana.
Sep 2029
1 Rev. Ana.
1 EPS Ana.
Sep 2030
2 Rev. Ana.
1 EPS Ana.
Revenue
10.25B
est: 10.35B (-1.0%)
10.42B
est: 10.29B (+1.3%)
11.19B
est: 11.10B (+0.8%)
12.11B
est: 11.84B (+2.3%)
13.45B
est: 13.44B (+0.1%)
13.30B
est: 13.25B (+0.3%)
14.63B
est: 14.39B (+1.7%)
18.12B
est: 16.89B (+7.3%)
20.24B
est: 20.75B (-2.4%)
21.72B
est: 21.74B (-0.1%)
22.62B
est: 22.46B (+0.7%)
25.43B
25.40B – 25.46B
+13.2% YoY
28.80B
28.55B – 29.06B
+13.3% YoY
30.75B
30.63B – 30.87B
+6.8% YoY
29.29B
29.15B – 29.45B
-4.7% YoY
30.67B
30.52B – 30.84B
+4.7% YoY
EBITDA
766.53M
est: 896.19M (-14.5%)
733.14M
est: 890.61M (-17.7%)
732.39M
est: 960.91M (-23.8%)
853.98M
est: 1.02B (-16.7%)
936.07M
est: 1.16B (-19.5%)
1.16B
est: 1.15B (+0.7%)
1.22B
est: 1.25B (-2.4%)
1.41B
est: 1.46B (-3.6%)
1.89B
est: 2.41B (-21.7%)
2.00B
est: 2.52B (-20.9%)
2.18B
est: 2.61B (-16.5%)
2.95B
2.95B – 2.96B
+13.2% YoY
3.34B
3.32B – 3.37B
+13.3% YoY
3.57B
3.56B – 3.58B
+6.8% YoY
3.40B
3.38B – 3.42B
-4.7% YoY
3.56B
3.54B – 3.58B
+4.7% YoY
EBIT
468.09M
est: 479.83M (-2.4%)
415.04M
est: 476.84M (-13.0%)
382.99M
est: 514.48M (-25.6%)
463.45M
est: 548.74M (-15.5%)
499.80M
est: 622.96M (-19.8%)
542.70M
est: 614.19M (-11.6%)
632.00M
est: 666.80M (-5.2%)
695.00M
est: 782.93M (-11.2%)
1.10B
est: 1.59B (-30.4%)
1.19B
est: 1.66B (-28.3%)
1.26B
est: 1.72B (-26.4%)
1.94B
1.94B – 1.95B
+13.2% YoY
2.20B
2.18B – 2.22B
+13.3% YoY
2.35B
2.34B – 2.36B
+6.8% YoY
2.24B
2.23B – 2.25B
-4.7% YoY
2.34B
2.33B – 2.36B
+4.7% YoY
Net Income
366.53M
est: 336.88M (+8.8%)
302.18M
est: 292.66M (+3.3%)
268.19M
est: 259.63M (+3.3%)
339.83M
est: 325.17M (+4.5%)
360.05M
est: 372.74M (-3.4%)
378.34M
est: 429.97M (-12.0%)
472.00M
est: 445.07M (+6.1%)
447.00M
est: 496.96M (-10.1%)
786.00M
est: 826.00M (-4.8%)
806.00M
est: 836.55M (-3.7%)
876.00M
est: 889.08M (-1.5%)
997.45M
982.86M – 1.07B
+12.2% YoY
1.15B
1.14B – 1.24B
+15.3% YoY
1.32B
1.28B – 1.35B
+14.5% YoY
1.32B
1.31B – 1.33B
+0.4% YoY
1.40B
1.39B – 1.41B
+6.3% YoY
SGA
747.67M
est: 759.24M (-1.5%)
833.50M
est: 754.50M (+10.5%)
900.56M
est: 814.07M (+10.6%)
952.23M
est: 868.28M (+9.7%)
939.97M
est: 985.72M (-4.6%)
1.03B
est: 971.83M (+5.8%)
1.05B
est: 1.06B (-0.3%)
1.26B
est: 1.24B (+1.7%)
1.51B
est: 1.50B (+0.6%)
1.59B
est: 1.57B (+1.2%)
1.64B
est: 1.62B (+0.8%)
1.84B
1.84B – 1.84B
+13.2% YoY
2.08B
2.07B – 2.10B
+13.3% YoY
2.22B
2.22B – 2.23B
+6.8% YoY
2.12B
2.11B – 2.13B
-4.7% YoY
2.22B
2.21B – 2.23B
+4.7% YoY
EPS
18.00
est: 17.44 (+3.2%)
14.80
est: 15.15 (-2.3%)
13.16
est: 13.44 (-2.1%)
16.68
est: 16.84 (-0.9%)
17.76
est: 19.30 (-8.0%)
18.79
est: 22.26 (-15.6%)
23.53
est: 23.05 (+2.1%)
22.65
est: 25.73 (-12.0%)
41.02
est: 42.83 (-4.2%)
42.35
est: 43.31 (-2.2%)
46.33
est: 46.03 (+0.7%)
52.80
50.89 – 55.44
+14.7% YoY
61.44
59.03 – 64.05
+16.4% YoY
68.50
66.38 – 69.91
+11.5% YoY
68.40
67.95 – 68.87
-0.1% YoY
72.70
72.22 – 73.20
+6.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 4/5 5/5 4/5 2/5 3/5 2/5
2026-05-28 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-27 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-26 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-22 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-21 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-20 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-19 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-18 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-13 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-12 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-11 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-08 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-07 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-06 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-05 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-05-04 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-04-30 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-04-29 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-04-28 B+ 3/5 4/5 4/5 4/5 2/5 3/5 2/5
2026-04-27 A- 4/5 4/5 4/5 5/5 2/5 3/5 2/5
2026-04-24 A- 4/5 4/5 4/5 5/5 2/5 3/5 2/5
2026-04-23 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-22 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-21 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-20 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-17 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-16 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.46B
OE per share TTM
75.84
Owner's Yield
10.36%
Maintenance CapEx ratio
29.91%
Maint CapEx / Avg PPE
20.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 76 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI Denmark ETF EDEN 0.84% 1.72M 0.53%
2 WisdomTree Europe SmallCap Dividend UCITS ETF WTES.DE 0.31% 280.4K 0.38%
3 WisdomTree Europe SmallCap Dividend UCITS ETF Acc DFEA.L 0.31% 280.4K 0.38%
4 Avantis International Small Cap Value ETF AVDV 0.24% 44.74M 0.36%
5 iShares International Small-Cap Equity Factor ETF ISCF 0.18% 1.14M 0.24%
6 State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR Acc ZPRX.DE 0.14% 1.08M 0.30%
7 iShares MSCI Europe Small-Cap ETF IEUS 0.13% 221.0K 0.41%
8 Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L 0.13% 4.30M 0.30%
9 Dimensional - International Small Cap Value ETF DISV 0.12% 5.57M 0.42%
10 WisdomTree Dynamic International SmallCap Equity ETF DDLS 0.11% 453.0K 0.48%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
147.6K
Shares Outstanding
18.84M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jesper Kristian Jacobsen Chief Executive Officer male
Mogens Vedel Hestbæk Group Chief Financial Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits