Carlsberg Brewery Malaysia Berhad (KLSE:CARLSBG)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
14.36
-0.42 (-2.84%)
At close: Aug 28, 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 21.81. The average 1-year stock price forecast is 51.88% higher than the current stock price, while the lowest is RM 18.80 (+30.92%) and the highest is RM 25.20 (+75.49%).

Price Target: RM 21.81 (+51.88%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceRM 18.80RM 21.81RM 21.90RM 25.20
Change+30.92%+51.88%+52.51%+75.49%

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
RatingJan '26Feb '26Apr '26May '26Jun '26Aug '26
Strong Buy667777
Buy111111
Hold111111
Sell000000
Strong Sell000000
Total889999

Financial Forecast

Revenue This Year
2.37B
from 2.26B
Increased by 4.75%
Revenue Next Year
2.44B
from 2.37B
Increased by 3.25%
EPS This Year
1.21
from 1.23
Decreased by -1.46%
EPS Next Year
1.28
from 1.21
Increased by 5.32%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.77B2.41B2.26B2.38B2.26B2.37B
Revenue Growth
-0.68%36.08%-6.28%5.11%-4.90%4.75%
Operating Income
245.90M425.46M398.54M412.04M448.21M450.91M
Net Income
200.99M317.05M327.26M337.08M375.64M368.89M
EPS
----1.231.21
EPS Growth
----11.44%-1.46%
Forward PE
24.0920.2617.3417.3213.8911.86
Dividend / Share
0.560.880.931.001.111.12
Dividend Growth
40.00%57.14%5.68%7.53%11.00%1.17%
Free Cash Flow
189.04M229.68M222.31M278.93M229.17M384.85M
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
4.7%
Low
0.5%

EPS Forecast

EPS202620272028
High1.26
Avg1.21
Low1.14

EPS Growth

EPS Growth202620272028
High
2.3%
Avg
-1.5%
Low
-7.2%