Per Aarsleff Holding AS (FRA:PE9) EBIT: €174 Mil (TTM As of Mar. 2026)


FRA:PE9 Per Aarsleff Holding AS FRA:PE9
84 GF Score
Price €102.60
GF Value €67.53
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Per Aarsleff Holding AS EBIT?

Per Aarsleff Holding AS FRA:PE9 +2.70% 84 EBIT is €174 Mil as of Mar. 2026. GuruFocus rates FRA:PE9 with a GF Score™ of 84/100 and a GF Value™ of €67.53 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Per Aarsleff Holding AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €33 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €174 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Per Aarsleff Holding AS's annualized ROC % for the quarter that ended in Mar. 2026 was 7.51%. Per Aarsleff Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Per Aarsleff Holding AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.52%.

Per Aarsleff Holding AS  (FRA:PE9) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Per Aarsleff Holding AS's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=131.652 * ( 1 - 23.94% )/( (1305.421 + 1360.923)/ 2 )
=100.1345112/1333.172
=7.51 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2235.015 - 630.619 - ( 298.975 - max(0, 1062.814 - 1463.277+298.975))
=1305.421

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2268.964 - 640.726 - ( 267.315 - max(0, 1076.617 - 1428.221+267.315))
=1360.923

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Per Aarsleff Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=131.652/( ( (646.82 + max(100.416, 0)) + (706.953 + max(72.917, 0)) )/ 2 )
=131.652/( ( 747.236 + 779.87 )/ 2 )
=131.652/763.553
=17.24 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(630.217 + 485.081 + 0) - (630.619 + 0 + 384.263)
=100.416

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(537.707 + 559.916 + 0) - (640.726 + 0 + 383.98)
=72.917

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Per Aarsleff Holding AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=173.993/2043.263
=8.52 %

* 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 EBIT Related Terms

Per Aarsleff Holding AS EBIT Historical Data

* Premium members only.

The historical data trend for Per Aarsleff Holding AS's EBIT 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 EBIT Chart

Per Aarsleff Holding AS Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.99 95.67 147.90 159.87 169.36

Per Aarsleff Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.30 41.29 65.79 34.01 32.91

FRA:PE9 vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Per Aarsleff Holding AS's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Construction Industry

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

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


FRA:PE9
84GF Score
Per Aarsleff Holding AS FRA:PE9
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Per Aarsleff Holding AS EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €174 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €174 Mil mean?
Per Aarsleff Holding AS (FRA:PE9) has a EBIT of €174 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Per Aarsleff Holding AS.
Is Per Aarsleff Holding AS's EBIT too high?
Per Aarsleff Holding AS's current EBIT is €174 Mil. Overall, Per Aarsleff Holding AS has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Per Aarsleff Holding AS's EBIT compare to PWR and FIX?
Per Aarsleff Holding AS's EBIT of €174 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Per Aarsleff Holding AS. Per Aarsleff Holding AS's current EBIT is €174 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Per Aarsleff Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Per Aarsleff Holding AS (FRA:PE9) is currently considered Significantly Overvalued. The stock's GF Value™ is €67.53, compared to a current price of €102.60 — trading 51.9% above its estimated fair value. The current EBIT is €174 Mil. Per Aarsleff Holding AS's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Per Aarsleff Holding AS (FRA:PE9), the current EBIT is €174 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Per Aarsleff Holding AS (FRA:PE9) Overvalued in 2026?

Based on GuruFocus' analysis, Per Aarsleff Holding AS stock appears to be overvalued. The current stock price of €102.60 is trading 51.9% above its estimated GF Value™ of €67.53. GuruFocus considers Per Aarsleff Holding AS to be Significantly Overvalued.

Key valuation signals for FRA:PE9:

  • EBIT: €174 Mil
  • GF Value™: €67.53 vs. price of €102.60 (51.9% above fair value)
  • GF Score™: 84/100 with 1 warning sign

No single metric tells the full story. See the FRA:PE9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Per Aarsleff Holding AS Business Description

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.
84GF Score

Get the complete analysis for FRA:PE9

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

€102.60
Price
€67.53
GF Value