Carlsberg Brewery Malaysia Berhad (KLSE:CARLSBG)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
12.64
+0.18 (1.44%)
At close: Sep 21, 2026

KLSE:CARLSBG Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, KLSE:CARLSBG stock has a consensus rating of "Strong Buy" and an average price target of RM 20.66. The average 1-year stock price forecast is 63.45% higher than the current stock price, while the lowest is RM 14.00 (+10.76%) and the highest is RM 25.20 (+99.37%).

Price Target: RM 20.66 (+63.45%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceRM 14.00RM 20.66RM 21.10RM 25.20
Change+10.76%+63.45%+66.93%+99.37%

Analyst Ratings

The average analyst rating for KLSE:CARLSBG stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingFeb '26Apr '26May '26Jun '26Aug '26Sep '26
Strong Buy677777
Buy111110
Hold111112
Sell000000
Strong Sell000000
Total899999

Financial Forecast

Revenue This Year
2.32B
from 2.26B
Increased by 2.67%
Revenue Next Year
2.39B
from 2.32B
Increased by 3.13%
EPS This Year
1.19
from 1.23
Decreased by -2.95%
EPS Next Year
1.25
from 1.19
Increased by 5.17%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.77B2.41B2.26B2.38B2.26B2.32B
Revenue Growth
-0.68%36.08%-6.28%5.11%-4.90%2.67%
Operating Income
245.90M425.46M398.54M412.04M448.21M446.52M
Net Income
200.99M317.05M327.26M337.08M375.64M362.61M
EPS
----1.231.19
EPS Growth
----11.44%-2.95%
Forward PE
24.0920.2617.3417.3213.8910.60
Dividend / Share
0.560.880.931.001.111.10
Dividend Growth
40.00%57.14%5.68%7.53%11.00%-0.73%
Free Cash Flow
----229.17M354.05M
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is MYR.

Revenue Forecast

Revenue202620272028
High2.4B
Avg2.3B
Low2.1B

Revenue Growth

Revenue Growth202620272028
High
7.3%
Avg
2.7%
Low
-8.4%

EPS Forecast

EPS202620272028
High1.25
Avg1.19
Low1.09

EPS Growth

EPS Growth202620272028
High
1.6%
Avg
-3.0%
Low
-11.1%