Valuation: Carlsberg A/S

Market Cap 119B 17.79B 15.87B 14.79B 13.46B 25.34B 1,714B 25.53B 179B 69.52B 875B 66.79B 65.35B 2,811B P/E 2026 *
14x
P/E 2027 * 12.9x
Enterprise Value 167B 25.06B 22.35B 20.83B 18.95B 35.69B 2,413B 35.96B 252B 97.9B 1,232B 94.07B 92.04B 3,959B EV / Sales 2026 *
1.81x
EV / Sales 2027 * 1.7x
Free-Float
69.6%
Yield 2026 *
3.65%
Yield 2027 * 3.95%
1 day-0.93%
1 week-0.99%
Current month-0.99%
1 month-3.75%
3 months-3.75%
6 months+17.57%
Current year+12.34%
1 month 1,034.66
Extreme 1034.6568
1,082.5
Current year 866
Extreme 866
1,125
1 year 866
Extreme 866
1,125
3 years 842
Extreme 842
1,290.07
5 years 842
Extreme 842
1,459.85
10 years 579.01
Extreme 579.006
1,459.85
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.($)
+48.23%-0.99% - - 17.92B
-0.26%+7.16%+131.71%+3,381.39% 334B
+1.57%-2.46%+31.48%+29.11% 144B
+5.11%+9.21%+40.08%+28.78% 46.65B
+0.43%-0.60%+6.68%-16.40% 42.89B
+0.31%-1.06%+13.03%-8.01% 20.32B
+0.86%+0.80%-17.94%-52.84% 19.27B
-0.21%+0.80%+15.47%-7.32% 17.92B
+0.80%-1.83%-7.31%-9.87% 14.58B
+0.48%-1.71%+32.98%+35.50% 14.17B
Average +0.78%+0.57%+27.35%+375.60% 72.61B
Weighted average by Cap. +0.60%+6.57%+78.35%+1,732.67%

Financials

2026 *2027 *
Net sales 92.36B 13.86B 12.36B 11.52B 10.48B 19.74B 1,334B 19.88B 139B 54.14B 681B 52.01B 50.89B 2,189B 95.86B 14.38B 12.83B 11.95B 10.88B 20.48B 1,385B 20.63B 144B 56.19B 707B 53.98B 52.82B 2,272B
Net income 7.89B 1.18B 1.06B 983M 895M 1.69B 114B 1.7B 11.88B 4.62B 58.16B 4.44B 4.35B 187B 8.56B 1.28B 1.15B 1.07B 971M 1.83B 124B 1.84B 12.9B 5.02B 63.12B 4.82B 4.72B 203B
Net Debt 48.43B 7.26B 6.48B 6.04B 5.49B 10.35B 700B 10.42B 72.96B 28.38B 357B 27.27B 26.68B 1,148B 44.56B 6.69B 5.96B 5.56B 5.06B 9.52B 644B 9.59B 67.14B 26.12B 329B 25.1B 24.56B 1,056B
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
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
857.20DKK
Average target price
1,049.64DKK
Spread / Average Target
+22.45%

Quarterly revenue - Rate of surprise