Carlsberg A/S (FRA:CBGB)

Carlsberg Statistics

Total Valuation

Carlsberg has a market cap or net worth of EUR 14.78 billion. The enterprise value is 23.72 billion.

Market Cap	14.78B
Enterprise Value	23.72B

Important Dates

The next estimated earnings date is Wednesday, February 4, 2026.

Earnings Date	Feb 4, 2026
Ex-Dividend Date	Mar 18, 2025

Share Statistics

Current Share Class	98.38M
Shares Outstanding	n/a
Shares Change (YoY)	-2.05%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	0.01%
Owned by Institutions (%)	61.95%
Float	92.28M

Valuation Ratios

The trailing PE ratio is 12.34 and the forward PE ratio is 13.73.

PE Ratio	12.34
Forward PE	13.73
PS Ratio	1.34
PB Ratio	3.97
P/TBV Ratio	n/a
P/FCF Ratio	13.79
P/OCF Ratio	8.48
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.45, with an EV/FCF ratio of 22.12.

EV / Earnings	19.79
EV / Sales	2.16
EV / EBITDA	10.45
EV / EBIT	14.47
EV / FCF	22.12

Financial Position

The company has a current ratio of 0.70, with a Debt / Equity ratio of 2.67.

Current Ratio	0.70
Quick Ratio	0.54
Debt / Equity	2.67
Debt / EBITDA	4.56
Debt / FCF	9.26
Interest Coverage	6.62

Financial Efficiency

Return on equity (ROE) is 30.03% and return on invested capital (ROIC) is 8.84%.

Return on Equity (ROE)	30.03%
Return on Assets (ROA)	5.40%
Return on Invested Capital (ROIC)	8.84%
Return on Capital Employed (ROCE)	10.98%
Revenue Per Employee	340,108
Profits Per Employee	37,047
Employee Count	32,591
Asset Turnover	0.61
Inventory Turnover	6.12

Taxes

In the past 12 months, Carlsberg has paid 276.55 million in taxes.

Income Tax	276.55M
Effective Tax Rate	20.97%

Stock Price Statistics

The stock price has increased by +9.20% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+9.20%
50-Day Moving Average	103.43
200-Day Moving Average	113.33
Relative Strength Index (RSI)	54.16
Average Volume (20 Days)	18

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Carlsberg had revenue of EUR 11.00 billion and earned 1.20 billion in profits. Earnings per share was 9.05.

Revenue	11.00B
Gross Profit	5.04B
Operating Income	1.55B
Pretax Income	1.32B
Net Income	1.20B
EBITDA	2.10B
EBIT	1.55B
Earnings Per Share (EPS)	9.05

Balance Sheet

The company has 1.35 billion in cash and 9.93 billion in debt, giving a net cash position of -8.58 billion.

Cash & Cash Equivalents	1.35B
Total Debt	9.93B
Net Cash	-8.58B
Net Cash Per Share	n/a
Equity (Book Value)	3.72B
Book Value Per Share	25.38
Working Capital	-2.02B

Cash Flow

In the last 12 months, operating cash flow was 1.74 billion and capital expenditures -670.67 million, giving a free cash flow of 1.07 billion.

Operating Cash Flow	1.74B
Capital Expenditures	-670.67M
Free Cash Flow	1.07B
FCF Per Share	n/a

Margins

Gross margin is 45.81%, with operating and profit margins of 14.05% and 10.89%.

Gross Margin	45.81%
Operating Margin	14.05%
Pretax Margin	11.99%
Profit Margin	10.89%
EBITDA Margin	19.06%
EBIT Margin	14.05%
FCF Margin	9.74%

Dividends & Yields

This stock pays an annual dividend of 3.62, which amounts to a dividend yield of 3.36%.

Dividend Per Share	3.62
Dividend Yield	3.36%
Dividend Growth (YoY)	-0.04%
Years of Dividend Growth	n/a
Payout Ratio	39.93%
Buyback Yield	2.05%
Shareholder Yield	5.41%
Earnings Yield	8.11%
FCF Yield	7.25%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Carlsberg has an Altman Z-Score of 1.43 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.43
Piotroski F-Score	5