MT Hojgaard Holding A/S Class B

MT Hojgaard Holding A/S Class B

270.00
DKK
-3.50
(-1.28%)
19.65EPS
18.15P/E
2.14BMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
14,354.42
13,421.92
12,560.38
13,070.38
14,707.88
13.67
677.89
742.31
901.84
1,052.91
1,272.67
1,381.71
1,324.36
1,240.04
Basic EPS, GAAP
64.04
-645.38
352.69
-24.62
-161.73
-71.41
8.82
12.89
15.22
1.52
13.42
24.45
34.7
15.29
Free Cash Flow per Basic Share
-63.85
595.96
-414.23
50.19
61.73
-30.04
-5.25
6.58
-24.4
16.58
91.44
-5.69
12.82
-12.68
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.47
9.93
Book Value per Share
2,146.15
1,468.85
1,845.77
1,810.77
1,645.77
45.28
65.07
78.4
93.81
95.65
109.69
134.11
159.46
146.48
Tangible Book Value per Share
1,847.31
1,166.73
1,506.92
1,451.73
1,230.19
45.28
-6.04
22.64
24.95
39.85
57.74
84.32
111.32
99.38
Basic Weighted Avg Shares
1
1
1
1
1
4
7
8
8
8
8
8
8
8
Sales/Revenue/Turnover
7,464
6,979
6,531
6,797
7,648
58
4,672
5,780
6,966
8,080
9,788
10,682
10,229
9,587
Operating Margin (%)
1.42
3.49
4.9
0.76
1.96
9.91
-0.14
1.97
1.86
3.8
3.54
4.34
4.54
4.1
Depreciation Expense
114
113
115
108
110
105
226
252
220
153
144
112
114
113
Net Income, GAAP
33
-336
183
-13
-84
-300
61
100
118
12
103
189
268
118
Effective Tax Rate (%)
48.92
- -
21.77
85.81
246.73
- -
30.67
- -
- -
- -
7.63
22.05
22.33
23.63
Profit Margin (%)
0.45
-4.81
2.81
-0.19
-1.1
-522.26
1.3
1.74
1.69
0.14
1.05
1.77
2.62
1.23
Working Capital
627
222
223
50
-13
11
-183
127
435
469
498
515
509
503
LT Debt
163
159
100
123
163
- -
829
749
653
587
423
338
151
148
Total Equity
1,181
822
999
964
884
190
521
624
737
751
846
1,037
1,229
1,129
Return on Invested Capital (%)
8.23
- -
21.5
0.59
-22.22
- -
6.91
- -
- -
- -
20.65
25.67
22.33
21.61
Return on Capital (%)
-2.06
- -
7.31
-2.86
-10.93
- -
9.52
- -
- -
- -
10.43
15.53
20.35
10.73
Return on Common Equity (%)
3.53
-35.71
21.28
-1.35
-9.36
-57.41
17.44
17.99
17.68
1.61
13.08
20.09
23.65
10.58

Capital Structure

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
65
64
67
LT Borrowings
13
13
13
LT Finance Leases
138
133
135
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
4,008
2,725
2,139

Working Capital

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,109
2,977
2,963
Cash, Cash Equivalents & STI
497
379
315
Accounts Receivable, Net
1,405
1,541
1,752
Inventories
232
252
238
Total Current Liabilities
2,600
2,554
2,460
Payables & Accruals
- -
- -
- -
ST Debt
65
64
67
Deferred Revenue
- -
- -
- -

Growth Rates

DKK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.69%
14.73%
18.51%
Free Cash Flow
-150.94%
-122.8%
-325%
Net Income, GAAP
148.61%
166.81%
41.8%
Sales/Revenue/Turnover
802.83%
12.51%
-4.24%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,293
2,665
2,585
3,139
10,682
2025
2,625
2,675
2,397
2,532
10,229
2026
2,153
2,505
- -
- -
- -

Quarterly Earnings Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
6.73
7.69
9.73
24.45
2025
7.5
8.79
9.12
9.3
34.7
2026
5.4
-8.56
- -
- -
- -

Quarterly Dividends Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
6.47
- -
- -
-0.03
6.47
2026
9.9
- -
- -
- -
- -

Company Description

CEO
Rasmus Untidt
Full Time Employees
2,874
Sector
Consumer durables
Industry
Homebuilding
Address
Knud Højgaards Vej 7 Gribskov CR Denmark 2860
IPO Date
Nov 23, 1988
Website
mthh.eu
Business
MT Højgaard Holding A/S, a leading Danish construction group founded in 1918 and headquartered in Søborg near Copenhagen, owns and develops a portfolio of business units that execute projects in construction, civil engineering, infrastructure, and green transition for private and public clients primarily in Denmark. The group operates through two main independent units, MT Højgaard Danmark, which handles new construction, renovation, civil engineering, infrastructure, and green transition projects emphasizing cooperation, professional knowledge, and craftsmanship across Denmark; and Enemærke & Petersen, which specializes in renovation, new construction, building services, and strategic partnerships including framework agreements. Its offerings span the full value chain from project development to execution, encompassing residential, commercial, industrial buildings, iconic structures like The Blue Planet and the Great Belt Link, harbor expansions such as Rønne harbour, tunnels like Nordhavn Tunnel, and historic renovations including the Business Archive in Aarhus and FLUGT museum. The group focuses on long-term stable profitable growth through its "We build on" strategy, prioritizing status as a preferred partner, leadership in green transition, and an attractive workplace, with 2024 revenue of DKK 10.7 billion, EBIT of DKK 486 million, and an order book of DKK 11.8 billion supported by partnerships valued at DKK 5.3 billion and joint ventures at DKK 0.8 billion. Recent developments include the winding-up of international activities to concentrate on the profitable Danish core business, integration of MT Højgaard Property Development into MT Højgaard Danmark for simplification and focus, a strong Q1 2025 with 14% revenue growth to DKK 2.6 billion, and award of a contract to MT Højgaard Danmark in December 2025 for new barracks, alongside an unchanged 2025 outlook of DKK 10.0-10.5 billion revenue and DKK 400-450 million EBIT.