Carlsberg A/S (CARL-B.CO)

Carlsberg A/S (CARL-B.CO) — VMCI valuation read

Across 120 indicators, Carlsberg A/S (CARL-B.CO) lands at VMCI 55/100. The Consumer Defensive sector median is 50, so the 5-point above-median read is the active comparison. Pillar weighting on the score: Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%.

No material Form 4 disclosures landed on CARL-B.CO in the past 30 days. Quiet insider tape removes one signal source; the active reads stay with the trailing-twelve-month financials and the next 10-Q.

**Investor frame.** On Value, CARL-B.CO trades at 27.0x earnings, 50% above the Consumer Defensive median of 18.0x; the EV/EBITDA delta of -2.0x reinforces that single line. On Quality, ROIC of 9.0% trails the Consumer Defensive median (10.0%) by 1.0pp. On Risk, net debt to EBITDA of 3.4x is the binding constraint on the bear case for CARL-B.CO on the trailing balance sheet.

CARL-B.CO fell 2.3% over the trailing 7 days, with a +3.2% read on a 30-day basis.