Royal Unibrew RBREW.CO
DenmarkConsumer Defensive · Beverages - BrewersNasdaq Copenhague · DKK
489.27 DKK (+21.5%)
15 analysts
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Royal Unibrew is a Danish brewing and beverage group that produces and distributes beer, soft drinks, water and other beverages in the Nordic and Baltic countries, Italy and other European markets.
Listed on Nasdaq Copenhague · Symbol RBREW.CO · CPH: RBREW · Currency DKK
Key points
from its scores- ✓Favourable backdrop8.6
- ✓Attractive dividend7.9
- ✓Attractive valuation7.7
- ✕Poor share-price trend2.4
- ✕Weak growth4.6
AI analysis
bottom line, main risk, context and newsValuation is attractive and quality is high, but flat growth and weak momentum warrant patience.
Royal Unibrew shows moderate financial health (5.44) with controlled leverage (ND/EBITDA 2.21), solid business quality (ROE 26.15%, ROIC 21.03%) and an attractive valuation (P/E 12.31, FCF yield 6.56%). Growth is flat (revenue -0.30%), but the dividend is sustainable (payout 48.93%). Momentum is weak (3rd percentile in 52 weeks), suggesting the market has not yet recognized the value.
The main risk is the lack of revenue growth in a mature and competitive beverage market, which could limit the stock's re-rating despite its attractive valuation.
Context and risks
Royal Unibrew operates mainly in developed European markets, with limited direct exposure to geopolitical risks. The main risk is regulatory, with a moderate governance framework in Denmark and possible pricing pressures in the beverage sector, although no material litigation or investigations are known.
Is Royal Unibrew stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 29% below the Consumer Defensive median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 12.3 | 19.8 | −38% |
| EV / EBITDA | 8.6 | 10.8 | −20% |
| Price / book | 3.1 | 2.7 | +14% |
| Price / sales | 1.2 | 1.2 | −3% |
Sector: median of the 124 Consumer Defensive companies analysed. In bold, the multiples used for the comparison.
Valuation score: 7.7 out of 10 (median for Consumer Defensive: 6.3).
Average analyst target: 489.27 DKK, +21.5% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 5.4 (sector 5.5), Growth 4.6 (sector 5.3).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Consumer Defensive medianValuation
- P/E
- 12.3
- Forward P/E
- 10.7
- EV / EBITDA
- 8.6
- Price / book
- 3.1
- Price / sales
- 1.2
- PEG
- 6.04
- Market cap
- 19.0B DKK
- Enterprise value
- 25.9B DKK
Profitability
- ROE
- 26.1%
- ROA
- 7.4%
- ROIC (approx.)
- 21.0%
- Gross margin
- 43.5%
- Operating margin
- 17.0%
- Net margin
- 10.2%
- Free cash flow
- 1.2B DKK
- FCF yield
- 6.6%
- Cash conversion
- 42%
Solvency
- Total debt
- 6.7B DKK
- Net debt
- 6.6B DKK
- Cash
- 54.0M DKK
- EBITDA
- 3.0B DKK
- Net debt / EBITDA
- 2.21
- Debt / equity
- 107.29
- Current ratio
- 0.66
- Quick ratio
- 0.39
Growth
- Revenue growth
- −0.3%
- Earnings growth
- +3.8%
- EPS (TTM)
- 32.70 DKK
- EPS (forward)
- 37.73 DKK
Dividend
- Dividend yield
- 4.0%
- Payout
- 48.9%
Risk and market
- Beta
- 0.37
- Analyst consensus
- Hold (15)
- Target price
- 489.27 DKK
- 52-week range
- 394.00 – 653.50
Recent news
All RBREW.CO news →Compare it with its sector
All 124 in Consumer Defensive →Frequently asked questions about Royal Unibrew
Is Royal Unibrew stock cheap or expensive?
On P/E and EV / EBITDA, it trades 29% below the Consumer Defensive median on average. Valuation score: 7.7 out of 10 (median for Consumer Defensive: 6.3). Average analyst target: 489.27 DKK, +21.5% versus the price. This is not investment advice.
What score does Royal Unibrew get on MeridIAn Screener?
It scores 6.7 out of 10, rank 404 of 2,130 (better than 80% of the companies analysed). Its strongest category is Risk & Context (8.6) and its weakest, Momentum (2.4). Analysis of 08/10/2026.
What is Royal Unibrew's P/E ratio?
Its P/E is 12.3: the share price equals 12.3 times earnings per share over the last 12 months. The Consumer Defensive median is 19.8. Based on the earnings analysts expect, the forward P/E is 10.7.
How much is Royal Unibrew worth on the stock market?
Its market capitalisation is 19.0B DKK and its enterprise value, debt included, is 25.9B DKK.
How much debt does Royal Unibrew have?
Its net debt (debt minus cash) is 6.6B DKK. That is 2.21 times its EBITDA; the Consumer Defensive median is 2.38.
Does Royal Unibrew pay a dividend?
Yes: its dividend yield is 3.97% and it pays out 49% of its earnings.
How has Royal Unibrew stock performed over the last year?
It has fallen 14.1% over the last year, excluding dividends. Over the last 52 weeks it has traded between 394.00 and 653.50 DKK. Past performance does not guarantee future results.
What do analysts think of Royal Unibrew?
15 analysts cover it; their average recommendation is “Hold” and their average target is 489.27 DKK (+21.5% versus the price). It is an estimate, not market data.