P

Per Aarsleff Holding A/S
CSE:PAAL B

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Per Aarsleff Holding A/S
CSE:PAAL B
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Price: 750 DKK 1.21%
Market Cap: kr13.7B

P/S

0.6
Current
68%
More Expensive
vs 3-y average of 0.4

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.6
=
Market Cap
kr14.4B
/
Revenue
kr23.3B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.6
=
Market Cap
kr14.4B
/
Revenue
kr23.3B

Valuation Scenarios

Per Aarsleff Holding A/S is trading above its 3-year average

If P/S returns to its 3-Year Average (0.4), the stock would be worth kr445.54 (41% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-41%
Maximum Upside
+216%
Average Upside
39%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.6 kr750
0%
3-Year Average 0.4 kr445.54
-41%
5-Year Average 0.4 kr442.56
-41%
Industry Average 0.7 kr925.96
+23%
Country Average 1.9 kr2 366.77
+216%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
kr14.4B
/
Jan 2026
kr23.3B
=
0.6
Current
kr14.4B
/
Sep 2026
kr25.3B
=
0.6
Forward
kr14.4B
/
Sep 2027
kr28.2B
=
0.5
Forward
kr14.4B
/
Sep 2028
kr30.1B
=
0.5
Forward
kr14.4B
/
Sep 2029
kr31.5B
=
0.5
Forward
kr14.4B
/
Sep 2030
kr33.1B
=
0.4
Forward
kr14.4B
/
Sep 2032
kr33.9B
=
0.4
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
DK
Per Aarsleff Holding A/S
CSE:PAAL B
13.9B DKK 0.6 15.9
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 1.5 19.9
US
Quanta Services Inc
NYSE:PWR
108.9B USD 3.8 104.9
FR
Vinci SA
PAR:DG
71.4B EUR 0.9 14.6
US
Comfort Systems USA Inc
NYSE:FIX
64.8B USD 6.4 53
IN
Larsen & Toubro Ltd
NSE:LT
5.5T INR 2 33.9
IN
Larsen and Toubro Ltd
F:LTO
48.4B EUR 1.9 31.9
NL
Ferrovial SE
AEX:FER
42.2B EUR 4.4 47.5
ES
Ferrovial SA
MAD:FER
42.1B EUR 4.4 47.4
DE
Hochtief AG
XETRA:HOT
34.4B EUR 0.9 38.1
US
EMCOR Group Inc
NYSE:EME
39.7B USD 2.3 31.1

Market Distribution

Lower than 86% of companies in Denmark
Percentile
14th
Based on 438 companies
14th percentile
0.6
Low
0.1 — 1.3
Typical Range
1.3 — 3.5
High
3.5 —
Distribution Statistics
Denmark
Min 0.1
30th Percentile 1.3
Median 1.9
70th Percentile 3.5
Max 37.5

Per Aarsleff Holding A/S
Glance View

Per Aarsleff Holding A/S is a Danish company that has carved its niche in the European construction and engineering landscape, tracing its roots back to 1947. Originally a small water-well drilling business, the company has grown into a formidable player in the civil engineering, construction, and pipe rehabilitation sectors. Known for its expertise in infrastructure projects, Per Aarsleff provides a comprehensive range of services including planning, project management, and contracting. Whether it's the modernization of railways, the construction of advanced water systems, or the structural rigors of large-scale urban development, the company thrives on intricate projects that demand both technical prowess and innovative approaches. Underlying Per Aarsleff's operations is its commitment to sustainability, ensuring that its projects meet modern environmental standards while delivering durable and efficient public and private infrastructure. Per Aarsleff's business model is built on a diversified portfolio, where different segments such as pipe technologies, ground engineering, and construction each contribute to its revenue stream. Pipe Technologies, for instance, deliver solutions for pipeline renewal without intensive excavation, a service that's increasingly vital as urban areas seek cost-effective infrastructure upgrades with minimal disruption. Meanwhile, Ground Engineering offers geotechnical solutions that respond to the challenges of construction in varying terrains and conditions. By leveraging its broad spectrum of competencies, the company not only engages in individual turnkey projects but also forms strategic alliances and partnerships, securing repeat contracts over time. Through these methodologies, Per Aarsleff effectively navigates the complex matrix of modern construction needs and continues to bolster its market presence in Scandinavia and beyond.

PAAL B Intrinsic Value
786.53 DKK
Undervaluation 5%
Intrinsic Value
Price kr750
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