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Carlsberg Brewery Malaysia BhdXKLS:2836 -0.25%81 EV-to-FCF is 13.59 as of Jul. 17, 2026, which is 36% below its 10-year median of 21.15. 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 137 Beverages - Alcoholic companies, Carlsberg Brewery Malaysia Bhd ranks better than 58.39% on this metric.
The historical rank and industry rank for Carlsberg Brewery Malaysia Bhd's EV-to-FCF or its related term are showing as below:
XKLS:2836'
s EV-to-FCF Range Over the Past 10 Years
Min: 13.57 Med: 21.15 Max: 49.67
Current: 13.95
During the past 13 years, the highest EV-to-FCF of Carlsberg Brewery Malaysia Bhd was 49.67. The lowest was 13.57. And the median was 21.15.
XKLS:2836's EV-to-FCF is ranked better than 58.39% of 137
companies
in the Beverages - Alcoholic industry
Industry Median: 17.13
vs XKLS:2836: 13.95
EV-to-FCF 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-FCF Explanation
EV-to-FCF 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 RM16.10.
Carlsberg Brewery Malaysia Bhd's Earnings per Share (Diluted) 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 RM1.244.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Carlsberg Brewery Malaysia Bhd EV-to-FCF Related Terms
Carlsberg Brewery Malaysia Bhd EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Carlsberg Brewery Malaysia Bhd's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Carlsberg Brewery Malaysia Bhd's EV-to-FCF falls into.
Carlsberg Brewery Malaysia Bhd's current Enterprise Value is RM4,749 Mil.
Carlsberg Brewery Malaysia Bhd's Free Cash Flow 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 RM350 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-FCF of 13.59 as of Jul. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Carlsberg Brewery Malaysia Bhd and its competitors. This is 36% below median its historical median of 21.15. Over the past decade, Carlsberg Brewery Malaysia Bhd's EV-to-FCF has ranged from 13.57 to 49.67. According to the industry distribution chart, Carlsberg Brewery Malaysia Bhd ranks #57 out of 137 companies in the Beverages - Alcoholic industry, placing it in the top 41.6%.
Is Carlsberg Brewery Malaysia Bhd's EV-to-FCF too high?
Carlsberg Brewery Malaysia Bhd's current EV-to-FCF of 13.59 is 36% below median its 10-year median of 21.15. Over the past 10 years, this metric has ranged from a low of 13.57 to a high of 49.67. The Beverages - Alcoholic industry median EV-to-FCF is 17.13. Carlsberg Brewery Malaysia Bhd's value of 13.59 is 20.7% below this industry median. Based on the distribution chart, Carlsberg Brewery Malaysia Bhd ranks #57 out of 137 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 EV-to-FCF compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Carlsberg Brewery Malaysia Bhd ranks #57 out of 137 companies for EV-to-FCF. This puts Carlsberg Brewery Malaysia Bhd in the upper half of its industry. The industry median EV-to-FCF is 17.13. Carlsberg Brewery Malaysia Bhd's value of 13.59 is 20.7% below this benchmark. Historically, Carlsberg Brewery Malaysia Bhd's own EV-to-FCF has ranged from 13.57 to 49.67 over the past decade. While the company's 10-year median is 21.15 vs. the industry median of 17.13, 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-FCF for a Beverages - Alcoholic company?
The median EV-to-FCF among Beverages - Alcoholic companies is 17.13, based on 137 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF of 13.59 is 20.7% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Carlsberg Brewery Malaysia Bhd and its competitors. For the Beverages - Alcoholic industry, the median EV-to-FCF is 17.13 — 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-FCF is 13.59, which is 36% below median its own 10-year median of 21.15. 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 EV-to-FCF is 13.59, which is 36% below median its 10-year median of 21.15 and 20.7% below the Beverages - Alcoholic industry median of 17.13. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Carlsberg Brewery Malaysia Bhd (XKLS:2836), the current EV-to-FCF is 13.59 as of Jul. 17, 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:
EV-to-FCF: 13.59 (36% below median its 10-year median of 21.15)
GF Value™: RM19.38 vs. price of RM16.10 (16.9% below fair value)
Industry Position: 20.7% below the Beverages - Alcoholic median (#57 of 137)
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
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
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