Per Aarsleff Holding AS (OCSE:PAAL B) Debt-to-EBITDA : (As of Jun. 2026)

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OCSE:PAAL B Per Aarsleff Holding AS OCSE:PAAL B
97 GF Score
Price kr674.00
GF Value kr598.15
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Per Aarsleff Holding AS Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Per Aarsleff Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr466 Mil. Per Aarsleff Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr2,838 Mil. Per Aarsleff Holding AS's annualized EBITDA for the quarter that ended in Jun. 2026 was kr2,444 Mil. Per Aarsleff Holding AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.35.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Per Aarsleff Holding AS's Debt-to-EBITDA or its related term are showing as below:

OCSE:PAAL B' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.53   Med: 0.74   Max: 1.4
Current: 1.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Per Aarsleff Holding AS was 1.40. The lowest was 0.53. And the median was 0.74.

OCSE:PAAL B's Debt-to-EBITDA is ranked better than
60.65% of 1408 companies
in the Construction industry
Industry Median: 2.1 vs OCSE:PAAL B: 1.40

Per Aarsleff Holding AS  (OCSE:PAAL B) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Per Aarsleff Holding AS Debt-to-EBITDA Related Terms

Per Aarsleff Holding AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Per Aarsleff Holding AS's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Per Aarsleff Holding AS Debt-to-EBITDA Chart

Per Aarsleff Holding AS Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-EBITDA
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Per Aarsleff Holding AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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OCSE:PAAL B vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Per Aarsleff Holding AS's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Per Aarsleff Holding AS Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Per Aarsleff Holding AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Per Aarsleff Holding AS's Debt-to-EBITDA falls into.


OCSE:PAAL B
97GF Score
Per Aarsleff Holding AS OCSE:PAAL B
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Per Aarsleff Holding AS Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Per Aarsleff Holding AS's Debt-to-EBITDA for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(361 + 1317) / 2176
=0.77

Per Aarsleff Holding AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(466 + 2838) / 2444
=1.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Is Per Aarsleff Holding AS (OCSE:PAAL B) Overvalued in 2026?

Based on GuruFocus' analysis, Per Aarsleff Holding AS stock appears to be overvalued. The current stock price of kr674.00 is trading 12.7% above its estimated GF Value™ of kr598.15. GuruFocus considers Per Aarsleff Holding AS to be Modestly Overvalued.

Key valuation signals for OCSE:PAAL B:

  • Debt-to-EBITDA:
  • GF Value™: kr598.15 vs. price of kr674.00 (12.7% above fair value)
  • GF Score™: 97/100 with 3 warning signs

No single metric tells the full story. See the OCSE:PAAL B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Per Aarsleff Holding AS Business Description

Other Exchanges PAALBc:UK0REQ:UKPE9:Germany
Address Hasselager Alle 5, Viby J, DNK, 8260
Per Aarsleff Holding AS is a Denmark-based holding company specializing in infrastructure and construction services. It has Construction, Pipe technologies, Technical Solutions, Rail, and Ground engineering segments. The construction segment consists of construction, shell structures, building construction and international projects. The pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. The ground engineering segment comprises ground engineering, pile factories, and engineering. The rail segment comprises train station services, service center operations, and maintenance projects. It derives maximum revenue from the Construction segment. Geographically, the company has a business presence in Denmark and other countries.
97GF Score

Get the complete analysis for OCSE:PAAL B

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr674.00
Price
kr598.15
GF Value