Carlsberg Brewery Malaysia Bhd (XKLS:2836) EPS without NRI: RM1.24 (TTM As of Mar. 2026)

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XKLS:2836 Carlsberg Brewery Malaysia Bhd XKLS:2836
81 GF Score
Price RM16.10
GF Value RM19.38
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Carlsberg Brewery Malaysia Bhd EPS without NRI?

Carlsberg Brewery Malaysia Bhd XKLS:2836 -0.25% 81 EPS without NRI is RM1.24 as of Mar. 2026. GuruFocus rates XKLS:2836 with a GF Score™ of 81/100 and a GF Value™ of RM19.38 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 172 Beverages - Alcoholic companies, Carlsberg Brewery Malaysia Bhd ranks better than 54.07% on this metric.

Carlsberg Brewery Malaysia Bhd's earnings per share without non-recurring items for the three months ended in Mar. 2026 was RM0.32. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was RM1.24.

During the past 12 months, Carlsberg Brewery Malaysia Bhd's average earnings per share (NRI) Growth Rate was 10.60% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 5.80% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 18.00% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 5.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Carlsberg Brewery Malaysia Bhd's EPS without NRI or its related term are showing as below:

XKLS:2836' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -10.2   Med: 8.4   Max: 36
Current: 5.8

During the past 13 years, Carlsberg Brewery Malaysia Bhd's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 36.00% per year. The lowest was -10.20% per year. And the median was 8.40% per year.

XKLS:2836's 3-Year EPS without NRI Growth Rate is ranked better than
54.07% of 172 companies
in the Beverages - Alcoholic industry
Industry Median: 3.55 vs XKLS:2836: 5.80

Carlsberg Brewery Malaysia Bhd's EPS (Diluted) for the three months ended in Mar. 2026 was RM0.32. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was RM1.24.

Carlsberg Brewery Malaysia Bhd's EPS (Basic) for the three months ended in Mar. 2026 was RM0.32. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was RM1.24.


Carlsberg Brewery Malaysia Bhd  (XKLS:2836) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Carlsberg Brewery Malaysia Bhd EPS without NRI Related Terms


Carlsberg Brewery Malaysia Bhd EPS without NRI Historical Data

* Premium members only.

The historical data trend for Carlsberg Brewery Malaysia Bhd's EPS without NRI 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.

Carlsberg Brewery Malaysia Bhd EPS without NRI Chart

Carlsberg Brewery Malaysia Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 1.04 1.07 1.10 1.23

Carlsberg Brewery Malaysia Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS without NRI 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 0.31 0.27 0.34 0.32 0.32

XKLS:2836 vs BUD, STZ, TAP: EPS without NRI Comparison

For the Beverages - Brewers subindustry, Carlsberg Brewery Malaysia Bhd's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Carlsberg Brewery Malaysia Bhd's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Carlsberg Brewery Malaysia Bhd's PE Ratio without NRI falls into.


XKLS:2836
81GF Score
Carlsberg Brewery Malaysia Bhd XKLS:2836
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carlsberg Brewery Malaysia Bhd EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM1.24

* 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of RM1.24 mean?
Carlsberg Brewery Malaysia Bhd (XKLS:2836) has a EPS without NRI of RM1.24 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Carlsberg Brewery Malaysia Bhd and its competitors. According to the industry distribution chart, Carlsberg Brewery Malaysia Bhd ranks #79 out of 172 companies in the Beverages - Alcoholic industry, placing it in the top 45.9%.
Is Carlsberg Brewery Malaysia Bhd's EPS without NRI too high?
Carlsberg Brewery Malaysia Bhd's current EPS without NRI is RM1.24. Based on the distribution chart, Carlsberg Brewery Malaysia Bhd ranks #79 out of 172 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Carlsberg Brewery Malaysia Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlsberg Brewery Malaysia Bhd's EPS without NRI compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Carlsberg Brewery Malaysia Bhd ranks #79 out of 172 companies for EPS without NRI. This puts Carlsberg Brewery Malaysia Bhd in the upper half of its industry. The industry median EPS without NRI is 3.55. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Beverages - Alcoholic company?
The median EPS without NRI among Beverages - Alcoholic companies is 3.55, based on 172 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Carlsberg Brewery Malaysia Bhd and its competitors. For the Beverages - Alcoholic industry, the median EPS without NRI is 3.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlsberg Brewery Malaysia Bhd's current EPS without NRI is RM1.24. 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 RM19.38, compared to a current price of RM16.10 — trading 16.9% below its estimated fair value. The current EPS without NRI is RM1.24. Carlsberg Brewery Malaysia Bhd's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Carlsberg Brewery Malaysia Bhd (XKLS:2836), the current EPS without NRI is RM1.24 as of Mar. 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 RM16.10 is trading 16.9% below its estimated GF Value™ of RM19.38. GuruFocus considers Carlsberg Brewery Malaysia Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2836:

  • EPS without NRI: RM1.24
  • GF Value™: RM19.38 vs. price of RM16.10 (16.9% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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 Business Description

Address No. 55, Persiaran Selangor, Section 15, Shah Alam, SGR, MYS, 40200
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.
81GF Score

Get the complete analysis for XKLS:2836

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM16.10
Price
RM19.38
GF Value