Valuation: Carlsberg

Market Cap 133B 20.45B 17.78B 16.55B 15.2B 28.7B 1,953B 29.14B 195B 76.57B 972B 76.82B 75.13B 3,260B P/E 2026 *
15.6x
P/E 2027 * 14.1x
Enterprise Value 187B 28.84B 25.07B 23.33B 21.42B 40.45B 2,753B 41.08B 275B 108B 1,370B 108B 106B 4,595B EV / Sales 2026 *
2.02x
EV / Sales 2027 * 1.91x
Free-Float
69.64%
Yield 2026 *
3.28%
Yield 2027 * 3.57%
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%-.--% - - 20.45B
+0.18%+0.19%+141.09%+4,987.34% 330B
+1.95%+4.97%+46.30%+44.48% 171B
-0.58%+2.77%+13.73%-11.89% 48.6B
+0.19%+2.24%+28.33%+7.60% 48.59B
-0.61%+3.48%+22.81%-2.15% 22.76B
-0.12%+0.05%-22.04%-52.26% 22.24B
-4.72%+1.12%-13.16%-10.64% 15.3B
-3.75%+1.55%+47.72%+40.45% 14.81B
-6.67%+2.02%-20.34%-65.19% 11.09B
Average -1.89%+3.40%+27.16%+548.64% 76B
Weighted average by Cap. +0.08%+2.05%+83.07%+2,415.13%

Financials

2026 *2027 *
Net sales 92.78B 14.28B 12.41B 11.55B 10.61B 20.03B 1,363B 20.34B 136B 53.45B 679B 53.62B 52.44B 2,275B 96.23B 14.81B 12.87B 11.98B 11B 20.77B 1,414B 21.1B 141B 55.43B 704B 55.62B 54.39B 2,360B
Net income 8.11B 1.25B 1.09B 1.01B 927M 1.75B 119B 1.78B 11.91B 4.67B 59.33B 4.69B 4.59B 199B 9.05B 1.39B 1.21B 1.13B 1.03B 1.95B 133B 1.98B 13.28B 5.21B 66.19B 5.23B 5.12B 222B
Net Debt 54.45B 8.38B 7.28B 6.78B 6.23B 11.76B 800B 11.94B 79.93B 31.37B 398B 31.47B 30.78B 1,335B 50.65B 7.79B 6.78B 6.31B 5.79B 10.93B 744B 11.1B 74.34B 29.18B 370B 29.27B 28.63B 1,242B
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
956.20DKK
Average target price
1,061.09DKK
Spread / Average Target
+10.97%

Quarterly revenue - Rate of surprise