Carlsberg Brewery Malaysia Berhad (KLSE:CARLSBG)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
16.22
+0.18 (1.12%)
At close: Jun 9, 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 22.50. The average 1-year stock price forecast is 38.72% higher than the current stock price, while the lowest is RM 19.54 (+20.47%) and the highest is RM 25.20 (+55.36%).

Price Target: RM 22.50 (+38.72%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
PriceRM 19.54RM 22.50RM 22.62RM 25.20
Change+20.47%+38.72%+39.46%+55.36%

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

RatingNov '25Dec '25Jan '26Feb '26Apr '26May '26
Strong Buy666677
Buy111111
Hold211111
Sell000000
Strong Sell000000
Total988899

Financial Forecast

Revenue This Year
2.39B
from 2.26B
Increased by 5.81%
Revenue Next Year
2.47B
from 2.39B
Increased by 3.26%
EPS This Year
1.23
from 1.23
Decreased by -0.21%
EPS Next Year
1.29
from 1.23
Increased by 5.27%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.77B2.41B2.26B2.38B2.26B2.39B
Revenue Growth
-0.68%36.08%-6.28%5.11%-4.90%5.81%
Gross Profit
523.99M796.09M776.95M817.76M808.55M875.16M
Gross Margin
29.56%33.00%34.36%34.41%35.78%36.60%
Operating Income
245.90M425.46M398.54M412.04M448.21M458.76M
Net Income
200.99M317.05M327.26M337.08M375.64M374.14M
EPS
----1.231.23
EPS Growth
----11.44%-0.21%
Forward PE
24.0920.2617.3417.3213.8913.23
Dividend / Share
0.560.880.931.001.111.13
Dividend Growth
-57.14%5.68%7.53%11.00%2.21%
Free Cash Flow
189.04M229.68M222.31M278.93M229.17M393.47M
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is MYR.

Revenue Forecast

Revenue202620272028
High2.5B
Avg2.4B
Low2.3B

Revenue Growth

Revenue Growth202620272028
High
10.3%
Avg
5.8%
Low
2.5%

EPS Forecast

EPS202620272028
High1.28
Avg1.23
Low1.14

EPS Growth

EPS Growth202620272028
High
4.2%
Avg
-0.2%
Low
-7.2%