Carlsberg AS (LTS:0AI4) Moat Score: 6/10 (As of Jun. 30, 2026)


LTS:0AI4 Carlsberg AS LTS:0AI4
81 GF Score
Price kr877.00
GF Value kr1,087.85
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Carlsberg AS Moat Score?

Carlsberg AS LTS:0AI4 +1.89% 81 Moat Score is 6 as of Jun. 30, 2026. GuruFocus rates LTS:0AI4 with a GF Score™ of 81/100 and a GF Value™ of kr1,087.85 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 240 Beverages - Alcoholic companies, Carlsberg AS ranks better than 94.17% on this metric.

Carlsberg AS has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Carlsberg AS has Narrow Moat: Carlsberg benefits from strong brand recognition and customer loyalty in the beverage industry. Economies of scale and a robust distribution network support its position, but intense competition limits a wider moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Carlsberg AS might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Carlsberg AS  (LTS:0AI4) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Carlsberg AS Moat Score Related Terms

LTS:0AI4 vs BUD, STZ, TAP: Moat Score Comparison

For the Beverages - Brewers subindustry, Carlsberg AS's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Beverages - Alcoholic Industry

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

* The bar in red indicates where Carlsberg AS's Moat Score falls into.


LTS:0AI4
81GF Score
Carlsberg AS LTS:0AI4
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
Carlsberg AS (LTS:0AI4) has a Moat Score of 6 as of Jun. 30, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Carlsberg AS ranks #14 out of 240 companies in the Beverages - Alcoholic industry, placing it in the top 5.8%.
Is Carlsberg AS's Moat Score too high?
Carlsberg AS's current Moat Score is 6. Based on the distribution chart, Carlsberg AS ranks #14 out of 240 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Carlsberg AS 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 AS's Moat Score compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Carlsberg AS ranks #14 out of 240 companies for Moat Score. This places Carlsberg AS in the top 6% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Beverages - Alcoholic company?
A good Moat Score depends on the Beverages - Alcoholic industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Carlsberg AS's current Moat Score is 6. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlsberg AS stock overvalued right now?
Based on GuruFocus' analysis, Carlsberg AS (LTS:0AI4) is currently considered Modestly Undervalued. The stock's GF Value™ is kr1,087.85, compared to a current price of kr877.00 — trading 19.4% below its estimated fair value. The current Moat Score is 6. Carlsberg AS's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Carlsberg AS (LTS:0AI4), the current Moat Score is 6 as of Jun. 30, 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 AS (LTS:0AI4) Overvalued in 2026?

Based on GuruFocus' analysis, Carlsberg AS stock appears to be undervalued. The current stock price of kr877.00 is trading 19.4% below its estimated GF Value™ of kr1,087.85. GuruFocus considers Carlsberg AS to be Modestly Undervalued.

Key valuation signals for LTS:0AI4:

  • Moat Score: 6
  • GF Value™: kr1,087.85 vs. price of kr877.00 (19.4% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the LTS:0AI4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

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 2025 beverage volume was split among Western Europe (42%), Eastern Europe and India (28%), and Asia (30%).
81GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr877.00
Price
kr1,087.85
GF Value