Per Aarsleff Holding Ratios and Metrics

Market cap in millions DKK. Fiscal year is October - September.

Millions DKK. Fiscal year is Oct - Sep.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 1, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Market Capitalization	14,895	12,804	7,299	6,138	3,614	5,219
Market Cap Growth	59.56%	75.42%	18.92%	69.83%	-30.74%	-2.59%
Enterprise Value	15,133	13,432	8,115	7,856	4,573	4,864
Last Close Price	743.00	676.81	389.53	302.91	169.64	232.21
PE Ratio	15.91	14.62	9.06	7.81	8.09	11.06
Forward PE	13.62	13.57	9.26	9.82	6.17	9.96
PS Ratio	0.64	0.57	0.34	0.30	0.20	0.36
PB Ratio	2.61	2.30	1.46	1.39	0.94	1.42
P/TBV Ratio	3.12	2.71	1.71	1.66	1.16	1.59
P/FCF Ratio	11.60	6.60	6.27	29.23	-	-
P/OCF Ratio	7.12	4.59	3.69	5.57	7.00	11.08
PEG Ratio	1.30	0.63	0.63	0.63	0.63	0.75
EV/Sales Ratio	0.65	0.59	0.37	0.39	0.25	0.33
EV/EBITDA Ratio	7.31	7.63	5.20	5.05	3.91	4.72
EV/EBIT Ratio	13.37	12.03	8.11	7.77	6.70	7.97
EV/FCF Ratio	11.79	6.93	6.97	37.41	-	-
Debt / Equity Ratio	0.42	0.30	0.36	0.57	0.50	0.18
Debt / EBITDA Ratio	1.17	0.83	1.00	1.41	1.42	0.54
Debt / FCF Ratio	1.88	0.87	1.55	11.93	-	-
Net Debt / Equity Ratio	0.03	0.00	0.19	0.33	0.29	-0.11
Net Debt / EBITDA Ratio	0.10	-0.01	0.60	0.93	0.96	-0.39
Net Debt / FCF Ratio	0.14	-0.01	0.81	6.87	-3.18	1.51
Asset Turnover	1.51	1.52	1.58	1.61	1.75	1.67
Inventory Turnover	39.50	38.56	37.04	35.43	36.19	35.24
Quick Ratio	1.31	1.20	1.24	1.33	1.00	1.14
Current Ratio	1.38	1.27	1.33	1.44	1.09	1.24
Return on Equity (ROE)	16.63%	16.98%	17.57%	19.32%	13.75%	13.48%
Return on Assets (ROA)	4.59%	4.68%	4.56%	5.03%	4.13%	4.35%
Return on Invested Capital (ROIC)	14.93%	14.64%	12.90%	14.30%	12.54%	16.62%
Return on Capital Employed (ROCE)	12.90%	14.30%	13.60%	13.60%	13.70%	13.60%
Earnings Yield	5.92%	6.84%	11.04%	12.80%	12.37%	9.04%
FCF Yield	8.62%	15.14%	15.95%	3.42%	-9.79%	-5.12%
Dividend Yield	1.62%	1.77%	2.82%	3.30%	4.72%	3.45%
Payout Ratio	23.58%	23.74%	23.70%	19.34%	35.35%	27.54%
Buyback Yield / Dilution	-0.18%	-0.01%	1.27%	0.87%	2.34%	0.52%
Total Shareholder Return	1.47%	1.77%	4.09%	4.17%	7.06%	3.96%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.