Carlsberg A/S (CABJF)

Carlsberg A/S (CABJF) — VMCI valuation read

CABJF screens at VMCI 59/100, a 9-point gap above the Consumer Defensive sector median (50). For a mid-cap Carlsberg A/S share, that placement says the multi-pillar composite is cheaper or higher quality than the typical peer on a like-for-like basis.

CABJF has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: CABJF trades at 20.0x earnings, 11% above the Consumer Defensive median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Consumer Defensive group. Quality: ROIC of 16.0% sits 6.0pp above the Consumer Defensive median (10.0%), the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of 1.4x leaves covenant headroom, which sets the rate-cycle exposure for Carlsberg A/S.

CABJF held flat 0.0% over the trailing 7 days, with a -10.2% read on a 30-day basis.