Business Description
Carlsberg AS
ISIN : US1427952023
Share Class Description:
FRA:CBGC: ADRTotal Employee Number:
36,964Compare
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Traded in other countries / regions
CARL B.DenmarkCABGY.USA0AI4.UKCBGB.GermanyCARL.AustriaCARL.Poland IPO Date
2021-11-02Description
Carlsberg is the third-largest brewer in the world after Anheuser-Busch InBev and Heineken. It holds leading share in Scandinavia, western China, and several other markets in Asia. Its key brands include Carlsberg, 1664, Tuborg, Holsten, and Somersby. The company's 2025 beverage volume was split among Western Europe (42%), Eastern Europe and India (28%), and Asia (30%).
Financial Strength
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Cash-To-Debt | 0.14 | |||||
Equity-to-Asset | 0.18 | |||||
Debt-to-Equity | 2.54 | |||||
Debt-to-EBITDA | 4.07 | |||||
Interest Coverage | 4.44 | |||||
Piotroski F-Score | 6/9 | |||||
Altman Z-Score | 1.54 | |||||
Beneish M-Score | -2.26 | |||||
WACC vs ROIC | ||||||
Growth Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
3-Year Revenue Growth Rate | 10.3 | |||||
3-Year EBITDA Growth Rate | 7.4 | |||||
3-Year EPS without NRI Growth Rate | 3.5 | |||||
3-Year FCF Growth Rate | -6.8 | |||||
3-Year Book Growth Rate | -3.3 | |||||
Future 3-5Y EPS without NRI Growth Rate Estimate Industry Rank | 7.72 | |||||
Future 3-5Y Total Revenue Growth Rate Estimate | 3.78 |
Momentum Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
5-Day RSI | 77.86 | |||||
9-Day RSI | 65.67 | |||||
14-Day RSI | 59.6 | |||||
3-1 Month Momentum % | 12.5 | |||||
6-1 Month Momentum % | 8.33 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Current Ratio | 0.6 | |||||
Quick Ratio | 0.46 | |||||
Cash Ratio | 0.2 | |||||
Days Inventory | 52.5 | |||||
Days Sales Outstanding | 32.69 | |||||
Days Payable | 196.64 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Dividend Yield % | 3.34 | |||||
Dividend Payout Ratio | 0.48 | |||||
3-Year Dividend Growth Rate | 4 | |||||
Forward Dividend Yield % | 3.34 | |||||
5-Year Yield-on-Cost % | 4.45 | |||||
3-Year Average Share Buyback Ratio | 1.3 | |||||
Shareholder Yield % | -25.13 |
Profitability Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Gross Margin % | 45.17 | |||||
Operating Margin % | 14.55 | |||||
Net Margin % | 6.91 | |||||
EBITDA Margin % | 19.5 | |||||
FCF Margin % | 7.67 | |||||
OCF Margin % | 13.95 | |||||
ROE % | 22.91 | |||||
ROA % | 4.37 | |||||
ROIC % | 7.59 | |||||
3-Year ROIIC % | 2.91 | |||||
ROC (Joel Greenblatt) % | 40.43 | |||||
ROCE % | 13.19 | |||||
Years of Profitability over Past 10-Year | 8 | |||||
Moat Score | 6 | |||||
Tariff Resilience Score | 7 |
GF Value Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
PE Ratio | 18.75 | |||||
Forward PE Ratio | 13.32 | |||||
PE Ratio without NRI | 15.4 | |||||
Shiller PE Ratio | 246.2 | |||||
Price-to-Owner-Earnings | 13.65 | |||||
PEG Ratio | 2.8 | |||||
PS Ratio | 1.3 | |||||
PB Ratio | 4.14 | |||||
Price-to-Free-Cash-Flow | 16.89 | |||||
Price-to-Operating-Cash-Flow | 9.29 | |||||
EV-to-EBIT | 15.2 | |||||
EV-to-Forward-EBIT | 1.46 | |||||
EV-to-EBITDA | 10.7 | |||||
EV-to-Forward-EBITDA | 0.99 | |||||
EV-to-Revenue | 2.09 | |||||
EV-to-Forward-Revenue | 1.99 | |||||
EV-to-FCF | 27.19 | |||||
Price-to-GF-Value | 0.79 | |||||
Price-to-Projected-FCF | 1.07 | |||||
Price-to-Median-PS-Value | 0.7 | |||||
Price-to-Peter-Lynch-Fair-Value | 2.91 | |||||
Earnings Yield (Greenblatt) % | 6.58 | |||||
FCF Yield % | 5.6 | |||||
Forward Rate of Return (Yacktman) % | 11.59 |
Operating Revenue by Business Segment
Operating Revenue by Geographic Region
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
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Performance
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Annualized Return % Â
Total Annual Return % Â
Carlsberg AS Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil €) | 11,935.989 | ||
| EPS (TTM) (€) | 1.243 | ||
| Beta | 0.7939 | ||
| 3-Year Sharpe Ratio | -0.22 | ||
| 3-Year Sortino Ratio | -0.32 | ||
| Volatility % | 28.03 | ||
| 14-Day RSI | 59.6 | ||
| 14-Day ATR (€) | 0.298752 | ||
| 20-Day SMA (€) | 22.11 | ||
| 12-1 Month Momentum % | - | ||
| 52-Week Range (€) | 19.3 - 26.4 | ||
| Shares Outstanding (Mil) | 660.86 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 6 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Carlsberg AS Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Carlsberg AS Stock Events
| Event | Date | Price (€) | ||
|---|---|---|---|---|
| Second quarter earnings conference call for 2026 | 2026-08-14 09:30 | In 47 days | ||
| Second quarter earnings results for 2026 | 2026-08-14 08:00 | In 47 days | ||
| USD 0.887005 Cash Dividend | 2026-03-18 | 22.40 (+0.00%) | ||
| General meeting for 2025 | 2026-03-16 16:00 | 23.00 (+0.00%) | ||
| Fourth quarter earnings conference call for 2025 | 2026-02-04 09:30 | 23.20 (+0.00%) | ||
| Annual report for 2025 | 2026-02-04 | 23.20 (+0.00%) | ||
| Fourth quarter earnings results for 2025 | 2026-02-04 | 23.20 (+0.00%) | ||
| Second quarter earnings conference call for 2025 | 2025-08-14 09:30 | 21.40 (+0.00%) | ||
| Second quarter earnings results for 2025 | 2025-08-14 08:00 | 21.40 (+0.00%) | ||
| USD 0.786024 Cash Dividend | 2025-03-19 | 23.40 (-1.68%) |
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Carlsberg AS Frequently Asked Questions
What is Carlsberg AS(FRA:CBGC)'s stock price today?
The current price of FRA:CBGC is €23.00. The 52 week high of FRA:CBGC is €26.40 and 52 week low is €19.30.
When is next earnings date of Carlsberg AS(FRA:CBGC)?
The next earnings date of Carlsberg AS(FRA:CBGC) is 2026-08-14 Est..
Does Carlsberg AS(FRA:CBGC) pay dividends? If so, how much?
The Dividend Yield %  of Carlsberg AS(FRA:CBGC) is 3.34% (As of Today), Highest Dividend Payout Ratio of Carlsberg AS(FRA:CBGC) was 0.51. The lowest was 0.32. And the median was 0.49. The  Forward Dividend Yield % of Carlsberg AS(FRA:CBGC) is 3.34%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
Articles on Carlsberg AS
No articles.
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