Valuation: Carlsberg

Market Cap 118B 17.99B 15.81B 14.96B 13.57B 25.48B 1,727B 25.62B 179B 69.09B 882B 67.55B 66.09B 2,831B P/E 2026 *
13.9x
P/E 2027 * 12.9x
Enterprise Value 167B 25.33B 22.26B 21.06B 19.11B 35.88B 2,432B 36.07B 252B 97.28B 1,242B 95.11B 93.05B 3,985B 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 11.68B 10.6B 19.9B 1,349B 20.01B 140B 53.96B 689B 52.75B 51.62B 2,210B 95.89B 14.59B 12.82B 12.12B 11B 20.66B 1,400B 20.77B 145B 56.01B 715B 54.76B 53.58B 2,295B
Net income 7.88B 1.2B 1.05B 997M 905M 1.7B 115B 1.71B 11.93B 4.61B 58.79B 4.5B 4.41B 189B 8.52B 1.3B 1.14B 1.08B 978M 1.84B 124B 1.85B 12.9B 4.98B 63.56B 4.87B 4.76B 204B
Net Debt 48.25B 7.34B 6.45B 6.1B 5.54B 10.4B 704B 10.45B 72.99B 28.18B 360B 27.56B 26.96B 1,155B 44.38B 6.75B 5.93B 5.61B 5.09B 9.56B 648B 9.61B 67.14B 25.93B 331B 25.35B 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