Valuation: Carlsberg

Market Cap 128B 19.8B 17.16B 16.06B 14.65B 27.58B 1,888B 28.04B 188B 73.78B 945B 74.33B 72.71B 3,153B P/E 2026 *
15.1x
P/E 2027 * 13.6x
Enterprise Value 182B 28.17B 24.41B 22.85B 20.85B 39.24B 2,687B 39.9B 268B 105B 1,345B 106B 103B 4,486B EV / Sales 2026 *
1.97x
EV / Sales 2027 * 1.86x
Free-Float
69.6%
Yield 2026 *
3.39%
Yield 2027 * 3.69%
Manager TitleAgeSince
Chief Executive Officer 49 01/09/2023
Director of Finance/CFO 53 01/01/2023
Chief Tech/Sci/R&D Officer - 03/06/2024
Director TitleAgeSince
Director/Board Member 62 01/01/2014
Director/Board Member 64 01/01/2019
Director/Board Member 67 01/01/2018
Change 5-day change 1-year change 3-year change Capi.($)
+26.24%0.00% - - 19.84B
+0.11%+1.06%+133.66%+4,047.55% 333B
-2.83%-4.82%+31.91%+34.68% 164B
-2.27%-4.15%+9.29%-17.40% 48.51B
-1.70%-5.42%+21.93%+4.53% 46.25B
+0.44%+1.99%-21.47%-50.12% 22.78B
-2.49%-3.49%+17.37%-7.29% 22.68B
-0.02%-3.04%+12.82%-8.77% 19.84B
-0.50%+1.72%-14.81%-11.11% 15.52B
-1.60%+2.71%+42.36%+48.69% 14.99B
Average +1.44%+656.25%+25.90%+448.97% 76.41B
Weighted average by Cap. -0.28%+159.83%+75.32%+1,967.08%

Financials

2026 *2027 *
Net sales 92.79B 14.32B 12.41B 11.62B 10.6B 19.95B 1,366B 20.29B 136B 53.39B 684B 53.78B 52.61B 2,281B 96.26B 14.86B 12.88B 12.06B 11B 20.7B 1,417B 21.05B 141B 55.38B 709B 55.79B 54.58B 2,367B
Net income 8.12B 1.25B 1.09B 1.02B 927M 1.75B 120B 1.77B 11.92B 4.67B 59.82B 4.7B 4.6B 200B 9.06B 1.4B 1.21B 1.13B 1.03B 1.95B 133B 1.98B 13.3B 5.21B 66.74B 5.25B 5.13B 223B
Net Debt 54.23B 8.37B 7.25B 6.79B 6.2B 11.66B 798B 11.86B 79.63B 31.2B 400B 31.43B 30.75B 1,333B 50.46B 7.79B 6.75B 6.32B 5.77B 10.85B 743B 11.03B 74.1B 29.03B 372B 29.25B 28.61B 1,241B
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
924.20DKK
Average target price
1,063.82DKK
Spread / Average Target
+15.11%

Quarterly revenue - Rate of surprise