Carlsberg has a reasonably strong namesake brand and a portfolio of superpremium brands that position it well for ongoing premiumization. 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
|
600600
|
00291
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.77 | 26.59 | 20.41 |
Price/Book Value | 4.93 | 3.76 | 3.29 |
Price/Sales | 1.47 | 3.29 | 2.76 |
Price/Cash Flow | 8.99 | 23.41 | 19.91 |
|
Metric
|
CARL B
|
600600
|
00291
|
|---|---|---|---|
Quick Ratio | 0.46 | 1.41 | 0.40 |
Current Ratio | 0.59 | 1.63 | 0.75 |
Interest Coverage | 7.71 | 235.15 | 51.50 |
|
Metric
|
CARL B
|
600600
|
00291
|
|---|---|---|---|
Return on Assets (Normalized) | 6.34% | 7.62% | 6.98% |
Return on Equity (Normalized) | 29.88% | 14.27% | 16.40% |
Return on Invested Capital (Normalized) | 12.14% | 12.30% | 12.46% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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HINKF
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| Ambev SA ADR
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| Dszcmdcy | Lzfcb | $39.8 Bil | |||
| Carlsberg AS ADR
CABGY
| Vrzwtzfg | Wzyk | $17.1 Bil | |||
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TAP
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SAM
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United States