Valuation: Carlsberg

Market Cap 131B 19.97B 17.5B 16.24B 14.93B 28.12B 1,927B 28.54B 193B 75.73B 943B 74.96B 73.34B 3,257B P/E 2026 *
15.3x
P/E 2027 * 13.8x
Enterprise Value 185B 28.28B 24.78B 23B 21.14B 39.83B 2,729B 40.42B 274B 107B 1,335B 106B 104B 4,613B EV / Sales 2026 *
2x
EV / Sales 2027 * 1.88x
Free-Float
69.64%
Yield 2026 *
3.34%
Yield 2027 * 3.64%
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.($)
+24.96%0.00% - - 19.97B
+0.72%+3.00%+141.07%+4,564.22% 327B
-2.30%+0.20%+18.93%+34.46% 161B
-0.87%+2.50%+17.66%+5.75% 49.41B
-2.70%-1.36%-3.60%-23.01% 47.7B
-1.37%-4.28%-26.23%-52.11% 22.55B
-2.71%-0.57%+4.25%-14.07% 22.26B
+0.12%+2.74%-13.15%-11.65% 14.61B
-0.41%+1.10%+46.46%+39.40% 14.24B
-1.64%+3.62%-23.58%-64.04% 11.28B
Average +1.38%+2.50%+17.98%+497.66% 74.46B
Weighted average by Cap. +0.11%+1.37%+73.93%+2,228.89%

Financials

2026 *2027 *
Net sales 92.8B 14.17B 12.41B 11.53B 10.59B 19.96B 1,367B 20.25B 137B 53.74B 669B 53.19B 52.04B 2,311B 96.24B 14.69B 12.87B 11.95B 10.98B 20.7B 1,418B 21B 142B 55.73B 694B 55.16B 53.97B 2,397B
Net income 8.11B 1.24B 1.09B 1.01B 926M 1.74B 120B 1.77B 12B 4.7B 58.48B 4.65B 4.55B 202B 9.05B 1.38B 1.21B 1.12B 1.03B 1.95B 133B 1.97B 13.39B 5.24B 65.24B 5.19B 5.07B 225B
Net Debt 54.45B 8.31B 7.28B 6.76B 6.21B 11.71B 802B 11.88B 80.56B 31.53B 393B 31.21B 30.54B 1,356B 50.55B 7.72B 6.76B 6.28B 5.77B 10.87B 745B 11.03B 74.78B 29.27B 364B 28.97B 28.34B 1,259B
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
938.00DKK
Average target price
1,057.68DKK
Spread / Average Target
+12.76%

Quarterly revenue - Rate of surprise