Valuation: Carlsberg

Market Cap 118B 17.99B 15.81B 14.97B 13.58B 25.49B 1,727B 25.63B 179B 69.13B 882B 67.54B 66.08B 2,831B P/E 2026 *
13.9x
P/E 2027 * 12.9x
Enterprise Value 167B 25.33B 22.26B 21.07B 19.11B 35.89B 2,431B 36.09B 252B 97.34B 1,241B 95.1B 93.04B 3,986B EV / Sales 2026 *
1.8x
EV / Sales 2027 * 1.7x
Free-Float
69.6%
Yield 2026 *
3.69%
Yield 2027 * 3.98%
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.($)
-4.81%-.--% - - 18.3B
-6.58%+0.23%+102.18%+3,362.87% 311B
-0.18%-0.06%+32.89%+32.81% 152B
-0.78%-1.94%+22.48%+17.10% 45.53B
-0.28%-0.51%+6.67%-15.67% 44B
-0.45%+0.46%+14.43%-6.96% 20.95B
-0.62%-5.09%-14.77%-54.94% 19.4B
-1.26%+0.95%+13.39%-6.25% 18.3B
-1.05%-0.81%-13.16%-16.47% 15B
-1.13%-0.47%+27.42%+32.11% 14.52B
Average -1.71%-0.19%+21.28%+371.62% 71.24B
Weighted average by Cap. -3.47%-0.43%+60.20%+1,639.45%

Financials

2026 *2027 *
Net sales 92.37B 14.05B 12.34B 11.69B 10.6B 19.91B 1,349B 20.02B 140B 53.99B 689B 52.75B 51.61B 2,211B 95.89B 14.59B 12.82B 12.13B 11.01B 20.67B 1,400B 20.78B 145B 56.05B 715B 54.76B 53.57B 2,295B
Net income 7.88B 1.2B 1.05B 998M 905M 1.7B 115B 1.71B 11.92B 4.61B 58.77B 4.5B 4.4B 189B 8.52B 1.3B 1.14B 1.08B 978M 1.84B 124B 1.85B 12.89B 4.98B 63.54B 4.87B 4.76B 204B
Net Debt 48.25B 7.34B 6.45B 6.1B 5.54B 10.4B 704B 10.46B 72.96B 28.2B 360B 27.55B 26.96B 1,155B 44.38B 6.75B 5.93B 5.62B 5.09B 9.57B 648B 9.62B 67.11B 25.94B 331B 25.34B 24.8B 1,062B
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
848.60DKK
Average target price
1,048.64DKK
Spread / Average Target
+23.57%

Quarterly revenue - Rate of surprise