Carlsberg has a reasonably strong namesake brand and a portfolio of superpremium brands that position it well for ongoing premiumisation. It has strong positions in a cluster of generally small markets, notably Scandinavia and western China, but is a second-tier player in other larger markets such as the UK, Germany and Vietnam.
Although Carlsberg is underindexed in premium segments, it does have a presence with brands such as Tuborg, 1664 Blanc and Brooklyn, and the premiumization of the portfolio could be seen as a long-term opportunity.
The shift to low and no-alcohol beer creates uncertainty around volume and the crossover of brand equity into these categories.
|
Metric
|
CARL B
|
00291
|
600600
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.08 | 14.89 | 23.37 |
Price/Book Value | 4.87 | 2.56 | 3.22 |
Price/Sales | 1.56 | 1.99 | 2.80 |
Price/Cash Flow | 9.84 | 10.39 | 24.53 |
|
Metric
|
CARL B
|
00291
|
600600
|
|---|---|---|---|
Quick Ratio | 0.50 | 0.30 | 1.52 |
Current Ratio | 0.64 | 0.70 | 1.83 |
Interest Coverage | 9.20 | 37.91 | 281.31 |
|
Metric
|
CARL B
|
00291
|
600600
|
|---|---|---|---|
Return on Assets (Normalized) | 6.40% | 8.74% | 7.71% |
Return on Equity (Normalized) | 26.70% | 19.62% | 14.05% |
Return on Invested Capital (Normalized) | 12.03% | 15.82% | 12.40% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Fomento Economico Mexicano SAB de CV ADR
FMX
| Vtfxhslt | Ctzzsrz | — | |||
| Anheuser-Busch InBev SA/NV
BUDFF
| Q | Mlsfh | $117.5 Bil | |||
| Anheuser-Busch InBev SA/NV ADR
BUD
| Kgyzgjpyps | Mrc | $117.5 Bil | |||
| Heineken NV
HINKF
| — | Svpfczf | $54.6 Bil | |||
| Heineken NV ADR
HEINY
| Zzkfjpdx | Vbnzqp | $54.6 Bil | |||
| Ambev SA ADR
ABEV
| Rdwkgkyng | Gxmq | $32.4 Bil | |||
| Heineken Holding NV ADR
HKHHY
| — | Lvnsx | $22.5 Bil | |||
| Carlsberg A/S ADR
CABGY
| Fnldgcqk | Tmdf | $16.9 Bil | |||
| Molson Coors Beverage Co Shs -B- Non-Voting
TAP
| Wdpgyxfnm | Gwz | $10.6 Bil | |||
| Boston Beer Co Inc Class A
SAM
| Qnphdvppf | Zwyhwxr | $3.5 Bil |
