Valuation: Carlsberg

Market Cap 124B 19.39B 16.63B 15.53B 14.25B 26.79B 1,853B 27.23B 183B 71.75B 929B 72.79B 71.21B 3,073B P/E 2026 *
14.5x
P/E 2027 * 13x
Enterprise Value 183B 28.5B 24.45B 22.83B 20.94B 39.38B 2,724B 40.03B 269B 105B 1,366B 107B 105B 4,517B EV / Sales 2026 *
1.97x
EV / Sales 2027 * 1.81x
Free-Float
69.6%
Yield 2026 *
3.51%
Yield 2027 * 3.84%
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.($)
+21.45%0.00% - - 19.54B
-1.59%-1.58%+129.18%+3,643.82% 333B
-0.84%-4.92%+25.19%+30.11% 153B
-0.36%-3.82%+4.87%-19.23% 45.87B
+0.34%-0.47%+22.45%+3.28% 43.65B
+1.92%-0.34%-19.69%-48.06% 22.37B
-0.22%-3.90%+12.99%-8.25% 21.35B
-2.11%-3.79%+18.24%-11.92% 19.54B
+0.36%-1.84%-13.12%-6.78% 15.11B
-0.05%+0.30%+38.21%+50.68% 14.98B
Average +1.80%-2.30%+24.26%+403.74% 74.36B
Weighted average by Cap. -0.38%-2.49%+72.74%+1,819.09%

Financials

2026 *2027 *
Net sales 92.68B 14.45B 12.4B 11.58B 10.62B 19.98B 1,382B 20.3B 137B 53.5B 693B 54.28B 53.09B 2,291B 96.25B 15.01B 12.88B 12.02B 11.03B 20.75B 1,435B 21.09B 142B 55.56B 720B 56.37B 55.14B 2,379B
Net income 7.94B 1.24B 1.06B 993M 911M 1.71B 118B 1.74B 11.71B 4.59B 59.4B 4.65B 4.55B 196B 9.07B 1.41B 1.21B 1.13B 1.04B 1.95B 135B 1.99B 13.37B 5.23B 67.79B 5.31B 5.19B 224B
Net Debt 58.42B 9.11B 7.82B 7.3B 6.7B 12.59B 871B 12.8B 86.12B 33.72B 437B 34.21B 33.47B 1,444B 49.94B 7.79B 6.68B 6.24B 5.72B 10.76B 744B 10.94B 73.62B 28.83B 373B 29.25B 28.61B 1,235B
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
908.40DKK
Average target price
1,068.36DKK
Spread / Average Target
+17.61%

Quarterly revenue - Rate of surprise