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Dutch industrial group making flow control and precision engineered components for building, industrial and mobility markets.
Dutch industrial group making flow control and precision engineered components for building, industrial and mobility markets.
Sells small, essential fittings and valves mostly through wholesalers to installers, alongside precision parts and surface-treatment services made to order for equipment makers. It has grown by buying many small specialist firms. Europe is its largest market, followed by North America.
In one line: A Dutch Parker Hannifin/Roper hybrid.
Moat: narrow (process know-how, customer qualification). Niche precision-engineered components with qualified processes across many small end markets.
Headquarters: Utrecht, Netherlands · Founded: 1975 · Employees: 12,221
Size Aalberts (AALB.AS) is a Netherlands Industrials company (Miscellaneous Commercial Services) with a market value of $4.87B, the 32nd largest of 61 Netherlands companies the cockpit tracks. Shares closed at €40.18 on 6 Nov 2026.
Performance Over six months the shares gained 6.0%, against +14.1% for the median peer and +0.4% for the Netherlands market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 0.2% over the last twelve months (peer median +7.0%); the operating margin is 10.1% (peer median 11.2%).
Valuation It trades at 14.6× forward earnings against a peer median of 13.9× (10th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.6 points below its cost of capital (9.2% WACC).
Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €3.09B | €3.09B | €3.15B | €3.32B | €3.23B |
| Revenue growth | — | -2% | -5% | +3% | — |
| Gross profit | €823M | €604M | €589M | €670M | €634M |
| EBITDA | €539M | €515M | €508M | €613M | €580M |
| Net income | €150M | €149M | €179M | €316M | €317M |
| Free cash flow | €190M | €171M | €192M | €273M | €58.6M |
| Capital expenditure | €186M | €224M | €263M | €235M | €202M |
| Total debt | n/a | €1.10B | €687M | €703M | €873M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Aalberts AALB.AS | $4.87B | +6% | 0% | 10% | 14.6× | 12.9% |
| Parker Hannifin PH | $116B | +4% | +8% | 22% | 24.4× | 19.0% |
| IMI IMI.L | $8.81B | +3% | +8% | 21% | 19.9× | 14.3% |
| Watts Water Technologies WTS | $11.6B | +17% | +17% | 19% | 24.6× | 15.8% |
| NORMA NOEJ.DE | $353M | -23% | -21% | -4% | 45.3× | -8.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AALB.AS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.2% | +8.3% | 5th lowest of 21 |
| 6-month return | +6.0% | +14.1% | 9th lowest of 21 |
| Distance from 52-week high | -11.2% | -13.1% | 9th highest of 21 |
| Revenue growth (TTM) | +0.2% | +7.0% | 3rd lowest of 21 |
| Operating margin | 10.1% | 11.2% | 8th lowest of 21 |
| Forward P/E | 14.6× | 13.9× | 10th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 12.9% | 1.7% | 6th most demanding of 19 |
| Growth delivered (Del g) | +3.4% | +12.7% | 2nd lowest of 19 |
| Hurdle (Req g minus delivered) | +9.5 pp | -11.2 pp | 3rd most demanding of 19 |
| ROIC minus cost of capital | -2.6 pp | +4.5 pp | 3rd lowest of 17 |
| EV / EBITDA | 10.0× | 8.4× | 8th most expensive of 18 |
| Net debt / EBITDA | 2.0× | 1.4× | 8th most indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Aalberts AALB.AS | Netherlands | $4.87B | +6% | 0% | 10% | 14.6× | 12.9% | +3.4% |
| L&T Technology Services LTTS.NS | India | $4.79B | +13% | +2% | 15% | 29.4× | 31.0% | +15.1% |
| Dizal Pharmaceutical 688192.SS | China | $4.68B | +18% | +720% | 69% | 9.5× | -8.4% | +95.9% |
| Teleperformance TEP.PA | France | $4.60B | +3% | -3% | 10% | 5.0× | -10.2% | +12.2% |
| Brink's BCO | United States | $4.54B | +3% | +7% | 10% | 11.8× | 0.1% | +7.3% |
| FTI Consulting FCN | United States | $5.33B | +19% | +8% | 10% | 18.7× | -3.6% | +9.0% |
| Reply REY.MI | Italy | $5.46B | +41% | +6% | 13% | 17.0× | 2.9% | +14.4% |
| East Buy 1797.HK | Hong Kong | $4.11B | +22% | +34% | 11% | 38.5× | 18.4% | +54.3% |
| SAI Life Sciences SAILIFE.NS | India | $4.02B | +64% | +27% | 21% | 89.2× | n/a | n/a |
| Beijing Compass Technology Development 300803.SZ | China | $5.91B | -23% | +12% | 0% | 174.6× | 46.9% | +25.3% |
| PhysicsWallah PWL.NS | India | $4.00B | +18% | +35% | 1% | 100.9× | n/a | n/a |
| Nexi NEXI.MI | Italy | $5.93B | +18% | +1% | 13% | 7.0× | 1.5% | +30.5% |
| Centre Testing International 300012.SZ | China | $3.96B | -5% | +15% | 16% | 22.1× | 14.2% | +13.2% |
| Alsok 2331.T | Japan | $3.79B | -1% | +7% | 8% | 13.7× | -6.0% | +4.9% |
| Elis ELIS.PA | France | $6.44B | -12% | +5% | 13% | 12.0× | 10.1% | +11.3% |
| GEO GEO | United States | $3.66B | +28% | +15% | 12% | 13.5× | 6.8% | +2.3% |
| Edenred EDEN.PA | France | $6.52B | +15% | +3% | 30% | 12.0× | -8.0% | +13.9% |
| Serco SRP.L | United Kingdom | $3.60B | +5% | +1% | 5% | 14.9× | 1.9% | +4.9% |
| MITIE MTO.L | United Kingdom | $3.56B | +23% | +11% | 3% | 14.2× | 14.1% | +17.6% |
| Loomis LOOMIS.ST | Sweden | $3.46B | +12% | +1% | 11% | 12.6× | -9.1% | +9.7% |
| MAXIMUS MMS | United States | $3.43B | +2% | -3% | 11% | 7.9× | -8.5% | +9.4% |