Carlsberg A/S
CSE:CARL B

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Carlsberg A/S
CSE:CARL B
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Price: 737.8 DKK 2.08% Market Closed
Market Cap: 100.5B DKK
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Relative Value

The Relative Value of one CARL B stock under the Base Case scenario is 1 330.05 DKK. Compared to the current market price of 737.8 DKK, Carlsberg A/S is Undervalued by 45%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CARL B Relative Value
Base Case
1 330.05 DKK
Undervaluation 45%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
50
Median 3Y
1.8
Median 5Y
1.9
Industry
1.7
Forward
1.3
vs History
vs Industry
48
Median 3Y
-2.7
Median 5Y
17.4
Industry
19.3
Forward
18.9
vs History
92
vs Industry
44
Median 3Y
10.2
Median 5Y
10.8
Industry
13.3
vs History
66
vs Industry
49
Median 3Y
18
Median 5Y
17.8
Industry
20.8
vs History
26
vs Industry
15
Median 3Y
4.2
Median 5Y
3.7
Industry
2.1
vs History
98
vs Industry
50
Median 3Y
2
Median 5Y
2.1
Industry
1.9
Forward
1.5
vs History
98
vs Industry
59
Median 3Y
4.3
Median 5Y
4.5
Industry
5.1
vs History
98
vs Industry
48
Median 3Y
9.5
Median 5Y
9.7
Industry
12
Forward
7.6
vs History
98
vs Industry
47
Median 3Y
13.3
Median 5Y
13.9
Industry
15.4
Forward
10.3
vs History
87
vs Industry
45
Median 3Y
11.4
Median 5Y
12.1
Industry
14.4
vs History
74
vs Industry
31
Median 3Y
18.7
Median 5Y
19.1
Industry
19.3
vs History
52
vs Industry
39
Median 3Y
1.7
Median 5Y
1.6
Industry
1.7

Multiples Across Competitors

CARL B Competitors Multiples
Carlsberg A/S Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DK
Carlsberg A/S
CSE:CARL B
97.8B DKK 1.3 -2.4 8 11.1
BE
Anheuser-Busch Inbev SA
MIL:ABI
114B EUR 2 24.8 9.1 12.4
BE
Anheuser Busch Inbev SA
XETRA:1NBA
103.7B EUR 1.8 16.6 8.5 11.7
NL
Heineken NV
AEX:HEIA
39.9B EUR 1.3 37.9 7.2 12.9
BR
Ambev SA
BOVESPA:ABEV3
199.4B BRL 2.5 13.9 7.1 9.5
NL
Heineken Holding NV
AEX:HEIO
17.2B EUR 0.6 31.9 4.8 9.7
JP
Asahi Group Holdings Ltd
TSE:2502
2.4T JPY 0.8 14 8.7 14.1
CN
Tsingtao Brewery Co Ltd
SSE:600600
95B CNY 2.9 21.2 13.5 13.5
US
Molson Coors Beverage Co
NYSE:TAP
12.5B USD 1.1 13.3 7.2 9.9
HK
Budweiser Brewing Company APAC Ltd
HKEX:1876
96.8B HKD 1.9 15.2 4.4 7.8
CA
Molson Coors Canada Inc
OTC:MXGBF
11.8B USD 0 0 0 0

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