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
|
600600
|
HEIA
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.94 | 26.55 | 20.44 |
Price/Book Value | 5.47 | 3.66 | 2.69 |
Price/Sales | 1.76 | 3.19 | 1.78 |
Price/Cash Flow | 11.06 | 27.87 | 11.70 |
|
Metric
|
CARL B
|
600600
|
HEIA
|
|---|---|---|---|
Quick Ratio | 0.50 | 1.52 | 0.48 |
Current Ratio | 0.64 | 1.83 | 0.77 |
Interest Coverage | 9.20 | 281.31 | 4.61 |
|
Metric
|
CARL B
|
600600
|
HEIA
|
|---|---|---|---|
Return on Assets (Normalized) | 6.40% | 7.71% | 4.80% |
Return on Equity (Normalized) | 26.70% | 14.05% | 13.38% |
Return on Invested Capital (Normalized) | 12.03% | 12.40% | 7.87% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Fomento Economico Mexicano SAB de CV ADR
FMX
| Dtmstgh | Tfbqz | — | |||
| Anheuser-Busch InBev SA/NV
BUDFF
| RW | Ypmdk | $120.9 Bil | |||
| Anheuser-Busch InBev SA/NV ADR
BUD
| Rwskphvfy | Pdwcr | $120.9 Bil | |||
| Heineken NV
HINKF
| — | Qvxfzz | $57.6 Bil | |||
| Heineken NV ADR
HEINY
| Clnyyrzp | Nlmnjy | $57.6 Bil | |||
| Ambev SA ADR
ABEV
| Rbyjdqphjs | Vkq | $33.0 Bil | |||
| Heineken Holding NV
HKHHF
| — | Pgkl | $23.5 Bil | |||
| Carlsberg A/S ADR
CABGY
| Nznvlfrcg | Tldlm | $19.0 Bil | |||
| Molson Coors Beverage Co Shs -B- Non-Voting
TAP
| Lhqcshjyt | Xjl | $10.7 Bil | |||
| Boston Beer Co Inc Class A
SAM
| Hwrvzmyrw | Wpbkx | $3.4 Bil |
