Valuation: Carlsberg A/S

Market Cap 124B 19.35B 16.58B 15.51B 14.2B 26.64B 1,851B 27B 183B 71.46B 930B 72.66B 71.08B 3,076B P/E 2026 *
14.3x
P/E 2027 * 13.1x
Enterprise Value 176B 27.47B 23.53B 22.02B 20.16B 37.83B 2,629B 38.33B 260B 101B 1,320B 103B 101B 4,368B EV / Sales 2026 *
1.9x
EV / Sales 2027 * 1.79x
Free-Float
69.6%
Yield 2026 *
3.55%
Yield 2027 * 3.85%
1 day+2.03%
1 week-3.68%
Current month-10.21%
1 month-4.69%
3 months+3.06%
6 months-11.56%
Current year+5.74%
1 week 115.5
Extreme 115.5
123.75
1 month 115.5
Extreme 115.5
131.25
Current year 104
Extreme 104
135.05
1 year 99.08
Extreme 99.08
135.05
3 years 89.42
Extreme 89.42
138.1
5 years 89.42
Extreme 89.42
155.85
10 years 88.14
Extreme 88.14
159.55
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.($)
+2.03%-3.68% - - 19.01B
-3.18%-4.57%+121.84%+3,538.46% 329B
+0.93%-3.56%+24.42%+31.40% 153B
+0.89%-2.00%+2.35%-18.74% 45.98B
+0.67%+1.69%+24.38%+4.82% 44.42B
+1.13%-0.51%-18.42%-47.23% 22.9B
+0.82%-2.86%+10.39%-8.05% 21.37B
+2.04%-3.78%+13.35%-12.67% 19.01B
+0.54%-0.18%-13.04%-5.34% 15.4B
+0.20%-0.10%+35.87%+52.66% 15.22B
Average +0.61%-2.65%+22.35%+392.81% 74.08B
Weighted average by Cap. -1.02%-3.78%+68.15%+1,752.19%

Financials

2026 *2027 *
Net sales 92.45B 14.44B 12.37B 11.57B 10.59B 19.88B 1,382B 20.15B 137B 53.32B 694B 54.22B 53.04B 2,296B 95.96B 14.99B 12.84B 12.01B 11B 20.64B 1,434B 20.91B 142B 55.35B 720B 56.28B 55.06B 2,383B
Net income 7.96B 1.24B 1.06B 996M 912M 1.71B 119B 1.73B 11.77B 4.59B 59.75B 4.67B 4.57B 198B 8.71B 1.36B 1.17B 1.09B 998M 1.87B 130B 1.9B 12.88B 5.02B 65.39B 5.11B 5B 216B
Net Debt 52.01B 8.12B 6.96B 6.51B 5.96B 11.18B 777B 11.33B 76.92B 30B 390B 30.5B 29.84B 1,291B 47.94B 7.49B 6.41B 6B 5.49B 10.31B 717B 10.45B 70.91B 27.65B 360B 28.12B 27.51B 1,191B
Logo Carlsberg A/S
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
36,527
Sector
Brewers
Date Price Change
26-08-21 €117.85 +2.03%
26-08-20 €115.50 -2.86%
26-08-19 €118.90 -2.22%
26-08-18 €121.60 -0.73%
26-08-17 €122.50 -1.33%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
881.60DKK
Average target price
1,060.68DKK
Spread / Average Target
+20.31%

Quarterly revenue - Rate of surprise