Compare Carlsberg A/S with Similar Stocks
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
445.49%
0%
445.49%
6 Months
585.25%
0%
585.25%
1 Year
463.77%
0%
463.77%
2 Years
624.84%
0%
624.84%
3 Years
600.92%
0%
600.92%
4 Years
786.1%
0%
786.1%
5 Years
893.89%
0%
893.89%
Carlsberg A/S for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
1.71%
EBIT Growth (5y)
-4.46%
EBIT to Interest (avg)
3.96
Debt to EBITDA (avg)
2.68
Net Debt to Equity (avg)
0.90
Sales to Capital Employed (avg)
0.96
Tax Ratio
40.49%
Dividend Payout Ratio
64.36%
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
9.45%
ROE (avg)
10.44%
Valuation key factors
Factor
Value
P/E Ratio
22
Industry P/E
Price to Book Value
4.19
EV to EBIT
22.31
EV to EBITDA
13.90
EV to Capital Employed
2.03
EV to Sales
2.68
PEG Ratio
NA
Dividend Yield
4.98%
ROCE (Latest)
9.08%
ROE (Latest)
19.18%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
No Trend
Shareholding Snapshot : Dec 2025
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 1 Foreign Institutions (0.01%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Dec'15 - YoY
Dec'15
Dec'14
Change(%)
Net Sales
14,656.00
14,328.00
2.29%
Operating Profit (PBDIT) excl Other Income
2,617.00
2,700.00
-3.07%
Interest
557.00
518.00
7.53%
Exceptional Items
-827.00
-1,157.00
28.52%
Consolidate Net Profit
83.00
278.00
-70.14%
Operating Profit Margin (Excl OI)
87.70%
112.10%
-2.44%
USD in Million.
Net Sales
YoY Growth in quarter ended Dec 2015 is 2.29% vs -8.51% in Dec 2014
Consolidated Net Profit
YoY Growth in quarter ended Dec 2015 is -70.14% vs -77.81% in Dec 2014
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
89,095.00
75,011.00
18.78%
Operating Profit (PBDIT) excl Other Income
17,355.00
15,072.00
15.15%
Interest
2,641.00
1,449.00
82.26%
Exceptional Items
-1,628.00
-633.00
-157.19%
Consolidate Net Profit
6,978.00
8,005.00
-12.83%
Operating Profit Margin (Excl OI)
133.90%
142.70%
-0.88%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 18.78% vs 1.94% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is -12.83% vs 0.43% in Dec 2024
About Carlsberg A/S 
Carlsberg A/S
Beverages
Carlsberg A/S is a Denmark-based company active within the brewing industry. It is primarily engaged in the production, marketing and sale of beer and soft drinks. The Company’s portfolio consists of a range of beer and cider brands, including Carlsberg, Kronenbourg, Baltika, Somersby, Holsten, Tuborg, Lav and Lvivske, among others. Its operations are divided in geographical segments: Western Europe, Eastern Europe and Asia. The Company is also present in a number of markets where it does not operate its own breweries, through license business and export. Additionally, the Company has interests in development and sales of real estate. It operates through numerous subsidiaries in Europe and Asia, including Carlsberg Danmark A/S, Carlsberg Sverige AB, Carlsberg Bulgaria AD, Baltika Breweries OAO and Carlsberg Brewery Hong Kong Ltd, among others.
Company Coordinates 
Company Details
Ny Carlsberg Vej 100 , KOEBENHAVN V None : 1799
Registrar Details






