Carlsberg A/S
CSE:CARL B

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Carlsberg A/S
CSE:CARL B
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Price: 937.6 DKK -1.8% Market Closed
Market Cap: 125.9B DKK

Relative Value

The Relative Value of one CARL B stock under the Base Case scenario is 1 392.68 DKK. Compared to the current market price of 937.6 DKK, Carlsberg A/S is Undervalued by 33%.

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
1 392.68 DKK
Undervaluation 33%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
71
vs Industry
47
Median 3Y
1.7
Median 5Y
1.9
Industry
1.7
Forward
1.3
vs History
50
vs Industry
52
Median 3Y
-2.7
Median 5Y
14.5
Industry
20.2
Forward
15.6
vs History
34
vs Industry
43
Median 3Y
10.2
Median 5Y
10.7
Industry
12.7
vs History
0
vs Industry
19
Median 3Y
18
Median 5Y
18
Industry
21.1
vs History
25
vs Industry
20
Median 3Y
4.5
Median 5Y
3.9
Industry
2.1
vs History
71
vs Industry
46
Median 3Y
1.9
Median 5Y
2
Industry
1.9
Forward
1.5
vs History
66
vs Industry
58
Median 3Y
4.2
Median 5Y
4.4
Industry
4.9
vs History
55
vs Industry
46
Median 3Y
8.9
Median 5Y
9.6
Industry
11.4
Forward
7.3
vs History
58
vs Industry
42
Median 3Y
12.5
Median 5Y
13.4
Industry
15.4
Forward
10.1
vs History
36
vs Industry
41
Median 3Y
11.4
Median 5Y
12
Industry
13.4
vs History
15
vs Industry
28
Median 3Y
18.8
Median 5Y
19.1
Industry
20.3
vs History
17
vs Industry
38
Median 3Y
1.7
Median 5Y
1.7
Industry
1.5

Multiples Across Competitors

CARL B Competitors Multiples
Carlsberg A/S Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
DK
Carlsberg A/S
CSE:CARL B
123.8B DKK 1.7 13.6 9.2 13
BE
Anheuser Busch Inbev SA
XETRA:1NBA
122.7B EUR 2.4 20.3 9.5 13
BE
Anheuser-Busch Inbev SA
MIL:ABI
114B EUR 2.2 27.3 9.7 13.2
NL
Heineken NV
AEX:HEIA
44.7B EUR 1.5 45.7 8.8 14.7
BR
Ambev SA
BOVESPA:ABEV3
220.3B BRL 2.4 15.3 6.8 8.9
NL
Heineken Holding NV
AEX:HEIO
19.6B EUR 0.7 39.3 5 8.4
JP
Asahi Group Holdings Ltd
TSE:2502
2.8T JPY 1 15 8.2 13
HK
Budweiser Brewing Company APAC Ltd
HKEX:1876
115.7B HKD 2.4 20.3 6.8 10.7
CN
Tsingtao Brewery Co Ltd
SSE:600600
100.6B CNY 3.1 22.6 15.7 15.7
CA
Molson Coors Canada Inc
OTC:MXGBF
12.5B USD 0 0 0 0
JP
Kirin Holdings Co Ltd
TSE:2503
1.7T JPY 0.7 29.6 11.2 21.6