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Carlsberg Brewery Malaysia BhdXKLS:2836 -2.84%78 EV-to-OCF is 9.66 as of Aug. 31, 2026, which is 44% below its 10-year median of 17.22. GuruFocus rates XKLS:2836 with a GF Score™ of 78/100 and a GF Value™ of RM19.15 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 209 Beverages - Alcoholic companies, Carlsberg Brewery Malaysia Bhd ranks better than 50.24% on this metric.
The historical rank and industry rank for Carlsberg Brewery Malaysia Bhd's EV-to-OCF or its related term are showing as below:
XKLS:2836'
s EV-to-OCF Range Over the Past 10 Years
Min: 9.66 Med: 17.22 Max: 40.42
Current: 9.66
During the past 13 years, the highest EV-to-OCF of Carlsberg Brewery Malaysia Bhd was 40.42. The lowest was 9.66. And the median was 17.22.
XKLS:2836's EV-to-OCF is ranked better than 50.24% of 209
companies
in the Beverages - Alcoholic industry
Industry Median: 9.68
vs XKLS:2836: 9.66
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 Brewery Malaysia Bhd (XKLS:2836) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 Brewery Malaysia Bhd's PE Ratio (TTM) for today is calculated as:
Carlsberg Brewery Malaysia Bhd's share price for today is RM14.36.
Carlsberg Brewery Malaysia Bhd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM1.247.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Carlsberg Brewery Malaysia Bhd EV-to-OCF Related Terms
Carlsberg Brewery Malaysia Bhd EV-to-OCF Historical Data
* 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.
For the Beverages - Brewers subindustry, Carlsberg Brewery Malaysia Bhd's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 Brewery Malaysia Bhd EV-to-OCF vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Carlsberg Brewery Malaysia Bhd's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Carlsberg Brewery Malaysia Bhd's EV-to-OCF falls into.
Carlsberg Brewery Malaysia Bhd's current Enterprise Value is RM4,240 Mil.
Carlsberg Brewery Malaysia Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM439 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 Brewery Malaysia Bhd (XKLS:2836) has a EV-to-OCF of 9.66 as of Aug. 31, 2026. This is 44% below median its historical median of 17.22. Over the past decade, Carlsberg Brewery Malaysia Bhd's EV-to-OCF has ranged from 9.66 to 40.42. According to the industry distribution chart, Carlsberg Brewery Malaysia Bhd ranks #104 out of 209 companies in the Beverages - Alcoholic industry, placing it in the top 49.8%.
Is Carlsberg Brewery Malaysia Bhd's EV-to-OCF too high?
Carlsberg Brewery Malaysia Bhd's current EV-to-OCF of 9.66 is 44% below median its 10-year median of 17.22. Over the past 10 years, this metric has ranged from a low of 9.66 to a high of 40.42. The Beverages - Alcoholic industry median EV-to-OCF is 9.68. Carlsberg Brewery Malaysia Bhd's value of 9.66 is 0.2% below this industry median. Based on the distribution chart, Carlsberg Brewery Malaysia Bhd ranks #104 out of 209 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Carlsberg Brewery Malaysia Bhd has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlsberg Brewery Malaysia Bhd's EV-to-OCF compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Carlsberg Brewery Malaysia Bhd ranks #104 out of 209 companies for EV-to-OCF. This puts Carlsberg Brewery Malaysia Bhd in the upper half of its industry. The industry median EV-to-OCF is 9.68. Carlsberg Brewery Malaysia Bhd's value of 9.66 is 0.2% below this benchmark. Historically, Carlsberg Brewery Malaysia Bhd's own EV-to-OCF has ranged from 9.66 to 40.42 over the past decade. While the company's 10-year median is 17.22 vs. the industry median of 9.68, Carlsberg Brewery Malaysia Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Beverages - Alcoholic company?
The median EV-to-OCF among Beverages - Alcoholic companies is 9.68, based on 209 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carlsberg Brewery Malaysia Bhd's current EV-to-OCF of 9.66 is 0.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Beverages - Alcoholic industry, the median EV-to-OCF is 9.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlsberg Brewery Malaysia Bhd's current EV-to-OCF is 9.66, which is 44% below median its own 10-year median of 17.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlsberg Brewery Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlsberg Brewery Malaysia Bhd (XKLS:2836) is currently considered Modestly Undervalued. The stock's GF Value™ is RM19.15, compared to a current price of RM14.36 — trading 25% below its estimated fair value. The current EV-to-OCF is 9.66, which is 44% below median its 10-year median of 17.22 and 0.2% below the Beverages - Alcoholic industry median of 9.68. Carlsberg Brewery Malaysia Bhd's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Carlsberg Brewery Malaysia Bhd (XKLS:2836), the current EV-to-OCF is 9.66 as of Aug. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Carlsberg Brewery Malaysia Bhd (XKLS:2836) Overvalued in 2026?
Based on GuruFocus' analysis, Carlsberg Brewery Malaysia Bhd stock appears to be undervalued.
The current stock price of RM14.36 is trading 25% below its estimated GF Value™ of RM19.15.
GuruFocus considers Carlsberg Brewery Malaysia Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:2836:
EV-to-OCF: 9.66 (44% below median its 10-year median of 17.22)
GF Value™: RM19.15 vs. price of RM14.36 (25% below fair value)
Industry Position: 0.2% below the Beverages - Alcoholic median (#104 of 209)
No single metric tells the full story. See the XKLS:2836 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carlsberg Brewery Malaysia Bhd produces and sells beer, stout, cider, shandy, and nonalcoholic malt beverages in Asia. The company produces its products in Malaysia, and nearly all sales are in Malaysia and Singapore. The company also exports products to Sri Lanka, Thailand, Taiwan, and Hong Kong. Carlsberg is the company's flagship brand. Other brands include Kronenbourg 1664, Somersby Ciders, Asahi Dry, Royal Stout, Skol, Jolly Shandy, Nutrimalt, Connor's Stout Porter, and Corona Extra. The company has three segments: Malaysia, Singapore, and Others. It generates the majority of its revenue from the Malaysia segment, which includes manufacturing, marketing, and distribution of both alcoholic and non-alcoholic beverages by entities in Malaysia.
78GF Score
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