Valuation: Carlsberg

Market Cap 13TCr 1.98TCr 1.72TCr 1.61TCr 1.47TCr 2.76TCr 1,89100Cr 2.81TCr 19TCr 7.39TCr 95TCr 7.44TCr 7.28TCr 3,15800Cr P/E 2026 *
15.1x
P/E 2027 * 13.6x
Enterprise Value 18TCr 2.82TCr 2.44TCr 2.29TCr 2.09TCr 3.93TCr 2,68900Cr 3.99TCr 27TCr 11TCr 1,34600Cr 11TCr 10TCr 4,49100Cr 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% - - 1.98TCr
+0.11%+1.06%+133.66%+4,047.55% 33TCr
-2.83%-4.45%+32.66%+36.71% 16TCr
-2.27%-3.68%+9.61%-16.88% 4.85TCr
-2.03%-5.86%+21.36%+4.04% 4.62TCr
-0.24%+1.20%-21.17%-50.31% 2.28TCr
-2.49%-2.49%+17.76%-6.68% 2.27TCr
-0.02%-1.37%+13.43%-7.12% 1.98TCr
-0.50%+1.72%-14.81%-11.11% 1.55TCr
-1.60%+2.71%+42.36%+48.69% 1.5TCr
Average +1.42%+656.25%+26.10%+449.43% 7.64TCr
Weighted average by Cap. -0.30%+159.83%+75.52%+1,967.63%

Financials

2026 *2027 *
Net sales 9.28TCr 1.43TCr 1.24TCr 1.16TCr 1.06TCr 2TCr 1,36600Cr 2.03TCr 14TCr 5.34TCr 68TCr 5.38TCr 5.26TCr 2,28100Cr 9.63TCr 1.49TCr 1.29TCr 1.21TCr 1.1TCr 2.07TCr 1,41700Cr 2.1TCr 14TCr 5.54TCr 71TCr 5.58TCr 5.46TCr 2,36700Cr
Net income 811.69Cr 125.3Cr 108.58Cr 101.65Cr 93Cr 174.54Cr 12TCr 177.47Cr 1.19TCr 466.99Cr 5.98TCr 470.45Cr 460.2Cr 20TCr 905.65Cr 139.8Cr 121.15Cr 113.42Cr 103.49Cr 194.74Cr 13TCr 198.01Cr 1.33TCr 521.05Cr 6.67TCr 524.91Cr 513.47Cr 22TCr
Net Debt 5.42TCr 837.08Cr 725.41Cr 679.11Cr 619.64Cr 1.17TCr 80TCr 1.19TCr 7.96TCr 3.12TCr 40TCr 3.14TCr 3.07TCr 1,33300Cr 5.05TCr 778.93Cr 675.02Cr 631.93Cr 576.6Cr 1.09TCr 74TCr 1.1TCr 7.41TCr 2.9TCr 37TCr 2.92TCr 2.86TCr 1,24100Cr
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
924.40DKK
Average target price
1,063.82DKK
Spread / Average Target
+15.08%

Quarterly revenue - Rate of surprise