Per Aarsleff Holding A/S (PAAL-B) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.028x

Based on the latest financial reports, Per Aarsleff Holding A/S (PAAL-B) has a cash flow conversion efficiency ratio of 0.028x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Dkr158.00 Million ≈ $24.72 Million USD) by net assets (Dkr5.71 Billion ≈ $893.53 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Per Aarsleff Holding A/S to measure how much of total assets are equity-financed.

Per Aarsleff Holding A/S - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how Per Aarsleff Holding A/S's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Per Aarsleff Holding A/S cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Per Aarsleff Holding A/S Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Per Aarsleff Holding A/S ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Establishment Labs Holdings Inc NASDAQ:ESTA	-0.292x
Hangzhou Robam Appliances Co Ltd SHE:002508	0.022x
Getac Technology Corp TW:3005	0.015x
Orbia Advance Corporation S.A.B. de C.V F:4FZ	0.134x
Zhejiang Youpon Integrated Ceiling Co Ltd SHE:002718	0.089x
JiLin Sino-Microelectronics Co Ltd SHG:600360	0.476x
Jenoptik AG F:JEN	0.054x
Bomin Electronics Co Ltd SHG:603936	0.009x

Annual Cash Flow Conversion Efficiency for Per Aarsleff Holding A/S (2004–2025)

The table below shows the annual cash flow conversion efficiency of Per Aarsleff Holding A/S from 2004 to 2025. For the full company profile with market capitalisation and key ratios, see PAAL-B stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-09-30	Dkr5.56 Billion ≈ $869.59 Million	Dkr2.79 Billion ≈ $436.20 Million	0.502x	+26.56%
2024-09-30	Dkr5.00 Billion ≈ $781.97 Million	Dkr1.98 Billion ≈ $309.94 Million	0.396x	+58.40%
2023-09-30	Dkr4.40 Billion ≈ $689.04 Million	Dkr1.10 Billion ≈ $172.42 Million	0.250x	+86.94%
2022-09-30	Dkr3.85 Billion ≈ $603.14 Million	Dkr516.00 Million ≈ $80.73 Million	0.134x	+4.13%
2021-09-30	Dkr3.66 Billion ≈ $573.26 Million	Dkr471.00 Million ≈ $73.69 Million	0.129x	-73.30%
2020-09-30	Dkr3.31 Billion ≈ $518.00 Million	Dkr1.59 Billion ≈ $249.42 Million	0.482x	+59.50%
2019-09-30	Dkr3.11 Billion ≈ $487.28 Million	Dkr940.20 Million ≈ $147.10 Million	0.302x	+14.41%
2018-09-30	Dkr2.90 Billion ≈ $453.58 Million	Dkr764.94 Million ≈ $119.68 Million	0.264x	+44.39%
2017-09-30	Dkr2.70 Billion ≈ $421.68 Million	Dkr492.51 Million ≈ $77.06 Million	0.183x	+6.37%
2016-09-30	Dkr2.50 Billion ≈ $391.68 Million	Dkr430.06 Million ≈ $67.29 Million	0.172x	-65.39%
2015-09-30	Dkr2.27 Billion ≈ $354.39 Million	Dkr1.12 Billion ≈ $175.90 Million	0.496x	+58.55%
2014-09-30	Dkr1.95 Billion ≈ $305.45 Million	Dkr611.20 Million ≈ $95.63 Million	0.313x	+1218.30%
2013-09-30	Dkr1.72 Billion ≈ $269.78 Million	Dkr40.95 Million ≈ $6.41 Million	0.024x	-89.90%
2012-09-30	Dkr1.59 Billion ≈ $249.35 Million	Dkr374.58 Million ≈ $58.61 Million	0.235x	+4.64%
2011-09-30	Dkr1.47 Billion ≈ $230.28 Million	Dkr330.60 Million ≈ $51.73 Million	0.225x	+37.00%
2010-09-30	Dkr1.40 Billion ≈ $218.67 Million	Dkr229.15 Million ≈ $35.85 Million	0.164x	-52.33%
2009-09-30	Dkr1.35 Billion ≈ $211.33 Million	Dkr464.52 Million ≈ $72.68 Million	0.344x	+10.31%
2008-09-30	Dkr1.25 Billion ≈ $195.83 Million	Dkr390.21 Million ≈ $61.05 Million	0.312x	+36.48%
2007-09-30	Dkr1.05 Billion ≈ $164.28 Million	Dkr239.85 Million ≈ $37.53 Million	0.228x	+81.44%
2006-09-30	Dkr912.14 Million ≈ $142.71 Million	Dkr114.84 Million ≈ $17.97 Million	0.126x	-37.68%
2005-09-30	Dkr832.52 Million ≈ $130.25 Million	Dkr168.18 Million ≈ $26.31 Million	0.202x	+20.88%
2004-09-30	Dkr772.16 Million ≈ $120.81 Million	Dkr129.05 Million ≈ $20.19 Million	0.167x	--

About Per Aarsleff Holding A/S

CO:PAAL-B Denmark Engineering & Construction

Market Cap

$2.10 Billion

Dkr13.44 Billion DKK

Market Cap Rank

#6100 Global

#36 in Denmark

Share Price

Dkr774.00

Change (1 day)

+3.48%

52-Week Range

Dkr614.00 - Dkr909.00

All Time High

Dkr909.00