Carlsberg A/S
SWB:CBGB
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EV/OCF
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (12), the stock would be worth €105.57 (6% downside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 12.8 | €111.9 |
0%
|
| 3-Year Average | 12 | €105.57 |
-6%
|
| 5-Year Average | 12.1 | €106.36 |
-5%
|
| Industry Average | 15.7 | €137.95 |
+23%
|
| Country Average | 11.7 | €102.87 |
-8%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| DK |
|
Carlsberg A/S
SWB:CBGB
|
106.9B EUR | 12.8 | 17.9 | |
| BE |
|
Anheuser Busch Inbev SA
XETRA:1NBA
|
120.7B EUR | 13.6 | 20.9 | |
| BE |
|
Anheuser-Busch Inbev SA
MIL:ABI
|
114B EUR | 14.9 | 28 | |
| BR |
|
Ambev SA
BOVESPA:ABEV3
|
230.2B BRL | 8.6 | 14.7 | |
| NL |
|
Heineken NV
AEX:HEIA
|
37.8B EUR | 9.9 | 19.8 | |
| NL |
|
Heineken Holding NV
AEX:HEIO
|
16.8B EUR | 5.8 | 17.7 | |
| JP |
|
Asahi Group Holdings Ltd
TSE:2502
|
2.3T JPY | 9.2 | 15.1 | |
| HK |
|
Budweiser Brewing Company APAC Ltd
HKEX:1876
|
100.5B HKD | 13.5 | 26 | |
| JP |
|
Kirin Holdings Co Ltd
TSE:2503
|
2T JPY | 9.7 | 13.8 | |
| CN |
|
Tsingtao Brewery Co Ltd
SSE:600600
|
84.6B CNY | 14.3 | 18.4 | |
| HK |
|
China Resources Beer Holdings Co Ltd
HKEX:291
|
83.9B HKD | 9 | 21.9 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 6.1 |
| Median | 11.7 |
| 70th Percentile | 16.6 |
| Max | 4 948.3 |
Other Multiples
Carlsberg A/S
Glance View
Nestled in the heart of Copenhagen since 1847, Carlsberg A/S has traversed a storied path from its humble beginnings as a local brewery to becoming one of the globe's leading brewing enterprises. Founded by J.C. Jacobsen, the company's quest was not merely about producing beer but crafting a legacy of passion, precision, and innovation. Guided by a scientific approach to brewing, Carlsberg pioneered advancements that altered the industry's trajectory—including the development of purified yeast in the late 19th century. This relentless drive for excellence and modernization propelled Carlsberg beyond Danish borders, carving its name into the international scene. Today, Carlsberg continues to operate with a dynamic blend of tradition and modern business acumen. Its portfolio boasts well-known brands such as Tuborg and Kronenbourg, alongside its flagship Carlsberg beer. The company generates revenue predominantly through the production, distribution, and marketing of a diverse range of beer and beverage offerings. With strategic acquisitions and the expansion of its operations into emerging markets across Asia and Eastern Europe, Carlsberg leverages its global distribution network to penetrate competitive beer markets. In balancing cost management with sustainable practices, Carlsberg has carved a unique niche, aligning its business operations with the growing demand for environmentally responsible and high-quality beverages. Through these thoughtful strategies, Carlsberg maintains its venerable status in the ever-competitive brewing industry.