CABH.F Stock Overview

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally. More details

CABH.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	2/6
Financial Health	2/6
Dividends	5/6

Rewards

Trading at 53.5% below our estimate of its fair value

Earnings are forecast to grow 11.74% per year

Pays a reliable dividend of 3.14%

Risk Analysis

Shares are highly illiquid

Has a high level of debt

Community vs My Fair Value

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Carlsberg A/S Competitors

Molson Coors Beverage

NYSE:TAP

US$12.2b

Boston Beer Company

NYSE:SAM

US$2.6b

Brown-Forman

NYSE:BF.B

US$14.7b

Coca-Cola FEMSA. de

NYSE:KOF

US$17.8b

Price History & Performance

Summary of share price highs, lows and changes for Carlsberg
Historical stock prices
Current Share Price	DKK 121.00
52 Week High	DKK 135.00
52 Week Low	DKK 121.00
Beta	0.67
1 Month Change	0%
3 Month Change	-10.37%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	222.67%

Recent updates

Shareholder Returns

	CABH.F	US Beverage	US Market
7D	0%	1.6%	1.2%
1Y	n/a	-5.1%	23.7%

Return vs Industry: Insufficient data to determine how CABH.F performed against the US Beverage industry.

Return vs Market: Insufficient data to determine how CABH.F performed against the US Market.

Price Volatility

Is CABH.F's price volatile compared to industry and market?
CABH.F volatility
CABH.F Average Weekly Movement	n/a
Beverage Industry Average Movement	4.2%
Market Average Movement	5.9%
10% most volatile stocks in US Market	18.0%
10% least volatile stocks in US Market	3.0%

Stable Share Price: CABH.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine CABH.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1847	32,345	Jacob Aarup-Andersen	www.carlsberggroup.com

Carlsberg A/S produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers abbey beer, alcohol-free drinks, ale, American dark lager, Belgian ale, Belgian pale ale, bock, Bosomian Pilsners, brown ale, cider, dark lager, dubbel, energy drink, English pale ale, European dark and strong lager, European lager and pale lager, fruit beer, golden ale, hard seltzer, Hefeweizen, India pale ale, juices, Kellerbier, Kvass, lager, light beer, light pilsners, march beer, mead, mild lager, Münich, organic, pale ale, pale lager, pilsner, radler, ready-to-drink, red ale, seasonal brews, session, soft drink, sour, specialty, stout, strong pilsner, Vienna, water, wheat beer, white lager, and witbier under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.

Carlsberg A/S Fundamentals Summary

How do Carlsberg's earnings and revenue compare to its market cap?
CABH.F fundamental statistics
Market cap	US$16.39b
Earnings (TTM)	US$963.66m
Revenue (TTM)	US$10.54b

16.5x

P/E Ratio

1.5x

P/S Ratio

Is CABH.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CABH.F income statement (TTM)
Revenue	DKK 75.01b
Cost of Revenue	DKK 40.63b
Gross Profit	DKK 34.38b
Other Expenses	DKK 27.52b
Earnings	DKK 6.86b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Aug 14, 2025

Earnings per share (EPS)	51.92
Gross Margin	45.83%
Net Profit Margin	9.14%
Debt/Equity Ratio	117.7%

How did CABH.F perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

52%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/17 02:24
End of Day Share Price	2024/11/20 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Carlsberg A/S is covered by 55 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Anthony Bucalo	Banco Santander
Laurence Whyatt	Barclays

Carlsberg OTCPK:CABH.F Stock Report