Valuation: Carlsberg

Market Cap 130B 19.82B 17.32B 15.98B 14.73B 27.77B 1,909B 28.39B 191B 75.14B 935B 74.44B 72.81B 3,218B P/E 2026 *
15.1x
P/E 2027 * 13.6x
Enterprise Value 184B 28.16B 24.6B 22.7B 20.93B 39.45B 2,711B 40.32B 271B 107B 1,328B 106B 103B 4,571B EV / Sales 2026 *
1.98x
EV / Sales 2027 * 1.87x
Free-Float
69.64%
Yield 2026 *
3.38%
Yield 2027 * 3.68%
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.($)
-4.81%-.--% - - 19.89B
+0.03%+5.71%+143.35%+3,830.81% 329B
+0.54%+2.07%+21.83%+38.62% 158B
+0.19%-1.20%+16.12%+5.47% 47.47B
+0.78%+1.90%+1.23%-20.02% 47.2B
-2.10%-0.89%-22.53%-47.80% 23.17B
+1.21%+3.26%+9.12%-11.11% 21.83B
+1.26%+1.39%-14.12%-10.73% 14.25B
+1.93%+2.54%+46.18%+41.11% 14.04B
+0.77%+4.64%-22.33%-65.32% 10.94B
Average -0.02%+1.19%+19.87%+417.89% 73.95B
Weighted average by Cap. +0.11%+3.35%+77.06%+1,898.38%

Financials

2026 *2027 *
Net sales 92.8B 14.2B 12.41B 11.45B 10.56B 19.9B 1,368B 20.34B 137B 53.84B 670B 53.34B 52.17B 2,306B 96.24B 14.73B 12.87B 11.88B 10.95B 20.64B 1,418B 21.09B 142B 55.84B 695B 55.31B 54.1B 2,391B
Net income 8.11B 1.24B 1.08B 1B 923M 1.74B 120B 1.78B 11.97B 4.71B 58.55B 4.66B 4.56B 202B 9.05B 1.38B 1.21B 1.12B 1.03B 1.94B 133B 1.98B 13.35B 5.25B 65.32B 5.2B 5.09B 225B
Net Debt 54.45B 8.33B 7.28B 6.72B 6.19B 11.68B 803B 11.93B 80.33B 31.59B 393B 31.3B 30.61B 1,353B 50.55B 7.74B 6.76B 6.24B 5.75B 10.84B 745B 11.08B 74.56B 29.33B 365B 29.05B 28.41B 1,256B
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
926.80DKK
Average target price
1,057.68DKK
Spread / Average Target
+14.12%

Quarterly revenue - Rate of surprise