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Carlsberg A/S ADR CABGY Stock Quote

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Morningstar‘s Stock Analysis CABGY

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Is it the right time to buy or sell?

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5-Star Price


Economic Moat


Capital Allocation


Carlsberg Raises Full-Year Guidance a Touch as It Delivers a Decent Q3

Analyst Note

| Philip Gorham |

Carlsberg reported a fairly robust third-quarter trading update, with both volume and price/mix positive contributors to growth that was marginally better than our forecasts. Management raised guidance for the rest of the year as a result. The upside to the third-quarter volume puts our estimate squarely in the middle of management's new guidance for 10%-12% organic operating profit growth, and we make no changes to our estimates for the rest of the year. We also retain our DKK 970 fair value estimate and no-moat rating. multiple revenue growth drivers combining to beat our forecasts. Carlsberg's stock has retreated from its frothy valuation in recent months, and now appears to offer modest upside to the current market value. However, we prefer AB InBev, which we believe is a higher quality business due to its high market shares and because it has more exposure to valuation levers including any weakening of the U.S. dollar.

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Key Statistics CABGY

Company Profile CABGY

Business Description

Carlsberg is the fourth-largest brewer in the world following the combination of Anheuser-Busch InBev and SABMiller, with major operations in Russia, Europe, and Asia. It holds leading share in Russia, Scandinavia, Laos, Cambodia, and parts of western China. Its key brands include Carlsberg, Tuborg, Baltika, Holsten, and Somersby. The company's 2021 beverage volume was split among Northern and Western Europe (30%), Eastern Europe (39%), and Asia (31%).

J.C. Jacobsens Gade 1
Copenhagen, 1799, DNK
Industry Beverages - Brewers
Employees 39,375

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FAQs for Carlsberg A/S ADR Stock

No. CABGY does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

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CABGY’s market cap is 17.40 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

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CABGY’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

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CABGY’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CABGY’s historical performance against its industry peers and the overall market.