Carlsberg A/S
CSE:CARL B

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Carlsberg A/S
CSE:CARL B
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Price: 820.4 DKK 2.01% Market Closed
Market Cap: 108.8B DKK

Relative Value

The Relative Value of one CARL B stock under the Base Case scenario is 1 387.55 DKK. Compared to the current market price of 820.4 DKK, Carlsberg A/S is Undervalued by 41%.

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
1 387.55 DKK
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
47
Median 3Y
1.6
Median 5Y
1.8
Industry
1.7
Forward
1.2
vs History
52
vs Industry
52
Median 3Y
-2.4
Median 5Y
12.1
Industry
18.6
Forward
13.6
vs History
66
vs Industry
43
Median 3Y
10.2
Median 5Y
10.4
Industry
11.6
vs History
93
vs Industry
19
Median 3Y
14.4
Median 5Y
14.4
Industry
19.7
vs History
36
vs Industry
20
Median 3Y
4.3
Median 5Y
4
Industry
2
vs History
50
vs Industry
46
Median 3Y
1.9
Median 5Y
2
Industry
1.9
Forward
1.8
vs History
50
vs Industry
58
Median 3Y
4.2
Median 5Y
4.4
Industry
4.9
vs History
42
vs Industry
46
Median 3Y
9.4
Median 5Y
9.7
Industry
11.2
Forward
8.8
vs History
39
vs Industry
42
Median 3Y
13.2
Median 5Y
13.5
Industry
14.7
Forward
12.1
vs History
11
vs Industry
41
Median 3Y
11.9
Median 5Y
12.1
Industry
12.9
vs History
4
vs Industry
28
Median 3Y
19.1
Median 5Y
19.6
Industry
20.5
vs History
87
vs Industry
38
Median 3Y
1.7
Median 5Y
1.6
Industry
1.4

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
106.1B DKK 1.3 12 9.9 14
BE
Anheuser-Busch Inbev SA
MIL:ABI
114B EUR 2.2 27.9 9.8 13.4
BE
Anheuser Busch Inbev SA
XETRA:1NBA
103.8B EUR 2.1 20.3 8.9 11.9
NL
Heineken NV
AEX:HEIA
38.9B EUR 1.3 21.5 7.9 13.1
BR
Ambev SA
BOVESPA:ABEV3
212.1B BRL 2.3 14.6 6.5 8.5
NL
Heineken Holding NV
AEX:HEIO
17.1B EUR 0.6 18.7 5 9
JP
Asahi Group Holdings Ltd
TSE:2502
2.6T JPY 0.9 15.1 8.2 13.2
HK
Budweiser Brewing Company APAC Ltd
HKEX:1876
104.1B HKD 2.2 22.5 6.7 10.7
JP
Kirin Holdings Co Ltd
TSE:2503
1.9T JPY 0.8 34.8 13 27.1
CN
Tsingtao Brewery Co Ltd
SSE:600600
84.2B CNY 2.6 18.2 15.3 15.3
HK
China Resources Beer Holdings Co Ltd
HKEX:291
86B HKD 2 13.4 9.8 9.8