Anheuser Busch Inbev SA vs Carlsberg A/S: Fair Value & Quality
Both stocks run through our valuation models. Here is how Anheuser Busch Inbev SA (ABI) and Carlsberg A/S (CARL-A) compare, as of Oct 3, 2026.
Head-to-head numbers
Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.
betterweakerfor reference, not scored
Carlsberg A/S leads: 7 to 8 metric wins.
n/a = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
What the models say
How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.
▲above the price, more than 15% above ●close to the price, 85% to 115% of the price ▼below the price, more than 15% below
| Model family | Anheuser Busch Inbev SAPrice €64.88 | Carlsberg A/SPrice DKK 1,025 |
|---|---|---|
| DCF Models | ●+2.5%close to the price€66.50 | ▼−34.7%below the priceDKK 670 |
| Earnings-Based | ▼−35.9%below the price€41.56 | ▼−55.8%below the priceDKK 453 |
| Dividend Discount | n/a | ▼−60.9%below the priceDKK 401 |
| Multiples | ●+1.8%close to the price€66.05 | ▼−16.5%below the priceDKK 856 |
| Asset-Based | ▼−54.2%below the price€29.74 | ▼−86.3%below the priceDKK 141 |
| Growth DCF | ●0%close to the price€64.62 | ▼−29.6%below the priceDKK 722 |
| Economic Profit | ▼−37.5%below the price€40.52 | ▼−58.2%below the priceDKK 428 |
| Growth Earnings | ●−5.5%close to the price€61.30 | ▼−25.0%below the priceDKK 769 |
| Minimum | ▼−54.2%below the price€29.74 | ▼−86.3%below the priceDKK 141 |
| Maximum | ●+2.5%close to the price€66.50 | ▼−16.5%below the priceDKK 856 |
| Median | ●−5.5%close to the price€61.30 | ▼−45.2%below the priceDKK 562 |
| Geometric mean | ▼−21.7%below the price€50.79 | ▼−51.9%below the priceDKK 493 |
Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.
Anheuser Busch Inbev SA: 15 of 23 models see the stock below the current price.
Carlsberg A/S: 22 of 25 models see the stock below the current price.
Scenario ranges
From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.
Compare two other stocks
Tap a field and type again, ticker or company name.
Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Anheuser Busch Inbev SA · Consumer Staples
Carlsberg A/S · Consumer Staples
Bottom line
As of Oct 3, 2026, Fair Value Calculator sees Anheuser Busch Inbev SA as the less overvalued of the two: Anheuser Busch Inbev SA trades at €64.88 versus a fair value of €61.20 (−5.7%), while Carlsberg A/S trades at DKK 1,025 versus DKK 720 (−29.8%).
Anheuser Busch Inbev SA has the higher quality score (60/100).
Open Anheuser Busch Inbev SA live analysis →More comparisons
Popular match-ups from the same sectors, all with fair value and quality score.
Related to Anheuser Busch Inbev SA
Microsoft vs NvidiaApple vs MicrosoftMicrosoft vs Taiwan Semiconductor ManufacturingAlphabet Inc Class C vs Meta PlatformsSee the undervalued quality stocks every month
Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.
A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.