GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Carlsberg AS (LTS:0AI4) » Definitions » EV-to-EBITDA

Carlsberg AS (LTS:0AI4) EV-to-EBITDA : 9.84 (As of May. 20, 2025)


View and export this data going back to 2008. Start your Free Trial

What is Carlsberg AS EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Carlsberg AS's enterprise value is kr154,963 Mil. Carlsberg AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 was kr15,744 Mil. Therefore, Carlsberg AS's EV-to-EBITDA for today is 9.84.

The historical rank and industry rank for Carlsberg AS's EV-to-EBITDA or its related term are showing as below:

LTS:0AI4' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.56   Med: 10.76   Max: 30.42
Current: 9.85

During the past 13 years, the highest EV-to-EBITDA of Carlsberg AS was 30.42. The lowest was 7.56. And the median was 10.76.

LTS:0AI4's EV-to-EBITDA is ranked better than
58.14% of 172 companies
in the Beverages - Alcoholic industry
Industry Median: 11.465 vs LTS:0AI4: 9.85

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2025-05-20), Carlsberg AS's stock price is kr927.70. Carlsberg AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2024 was kr68.100. Therefore, Carlsberg AS's PE Ratio (TTM) for today is 13.62.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Carlsberg AS EV-to-EBITDA Historical Data

The historical data trend for Carlsberg AS's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Carlsberg AS EV-to-EBITDA Chart

Carlsberg AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.74 12.01 10.11 9.29 7.63

Carlsberg AS Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.11 - 9.29 - 7.63

Competitive Comparison of Carlsberg AS's EV-to-EBITDA

For the Beverages - Brewers subindustry, Carlsberg AS's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carlsberg AS's EV-to-EBITDA Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Carlsberg AS's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Carlsberg AS's EV-to-EBITDA falls into.


;
;

Carlsberg AS EV-to-EBITDA Calculation

Carlsberg AS's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=154963.048/15744
=9.84

Carlsberg AS's current Enterprise Value is kr154,963 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Carlsberg AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 was kr15,744 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Carlsberg AS  (LTS:0AI4) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Carlsberg AS's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=927.70/68.100
=13.62

Carlsberg AS's share price for today is kr927.70.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Carlsberg AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2024 was kr68.100.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Carlsberg AS EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Carlsberg AS's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Carlsberg AS Business Description

Address
J.C. Jacobsens Gade 1, Copenhagen, DNK, 1799
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 2024 beverage volume was split among Western Europe (34%), Eastern Europe and India (30%), and Asia (36%).

Carlsberg AS Headlines

No Headlines