Valuation: Carlsberg

Market Cap 131B 19.89B 17.5B 16.25B 14.95B 28.04B 1,927B 28.54B 194B 75.81B 940B 74.69B 73.07B 3,260B P/E 2026 *
15.3x
P/E 2027 * 13.8x
Enterprise Value 185B 28.18B 24.78B 23.02B 21.17B 39.71B 2,729B 40.42B 275B 107B 1,331B 106B 103B 4,617B EV / Sales 2026 *
2x
EV / Sales 2027 * 1.88x
Free-Float
69.64%
Yield 2026 *
3.34%
Yield 2027 * 3.64%
Manager TitleAgeSince
Chief Executive Officer 49 2023-08-31
Director of Finance/CFO 53 2022-12-31
Chief Tech/Sci/R&D Officer - 2024-06-02
Director TitleAgeSince
Director/Board Member 62 2013-12-31
Director/Board Member 64 2018-12-31
Director/Board Member 67 2017-12-31
Change 5-day change 1-year change 3-year change Capi.($)
+24.96%0.00% - - 19.97B
+0.72%+3.00%+141.07%+4,564.22% 327B
-2.34%+0.14%+18.87%+34.38% 161B
-1.43%+1.99%+17.07%+5.22% 49.41B
-2.55%-1.20%-3.44%-22.89% 47.7B
-1.96%-4.57%-26.45%-52.25% 22.55B
-2.78%-0.64%+4.17%-14.13% 22.26B
+0.12%+2.74%-13.15%-11.65% 14.61B
-0.41%+1.10%+46.46%+39.40% 14.24B
-1.64%+3.62%-23.58%-64.04% 11.28B
Average +1.28%+2.50%+17.89%+497.58% 74.46B
Weighted average by Cap. +0.06%+1.37%+73.87%+2,228.83%

Financials

2026 *2027 *
Net sales 92.8B 14.12B 12.42B 11.53B 10.61B 19.89B 1,367B 20.25B 138B 53.8B 667B 52.99B 51.85B 2,313B 96.24B 14.64B 12.88B 11.96B 11B 20.63B 1,418B 21B 143B 55.79B 691B 54.96B 53.77B 2,399B
Net income 8.11B 1.23B 1.09B 1.01B 927M 1.74B 119B 1.77B 12.06B 4.7B 58.28B 4.63B 4.53B 202B 9.05B 1.38B 1.21B 1.12B 1.03B 1.94B 133B 1.97B 13.45B 5.25B 65.02B 5.17B 5.06B 226B
Net Debt 54.45B 8.28B 7.28B 6.77B 6.22B 11.67B 802B 11.88B 80.93B 31.57B 391B 31.1B 30.42B 1,357B 50.55B 7.69B 6.76B 6.28B 5.78B 10.83B 745B 11.03B 75.12B 29.3B 363B 28.86B 28.24B 1,260B
Logo Carlsberg
Carlsberg A/S is one of the world's leading beer producers. Net sales break down by activity as follows: - beer production and sales: 99 million hectoliters sold in 2025 primarily under the Carlsberg and Tuborg brands; - production, bottling, and distribution of non-alcoholic beverages: carbonated beverages, energy drinks, and mineral waters (49 million hectoliters sold in 2025). At the end of 2025, the group had 57 breweries located in Denmark, in Poland (3), in Germany (3), in the United Kingdom (2), in Western Europe (4), in China (27), in India (7), in Asia (3), and in Central/Eastern Europe (7). Net sales are distributed geographically as follows: Western Europe (58%), Asia (21.6%), and Eastern Europe/Central Europe/India (20.4%).
Employees
-
Sector
Brewers
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
938.00DKK
Average target price
1,057.68DKK
Spread / Average Target
+12.76%

Quarterly revenue - Rate of surprise