Royal Unibrew (RBREW) Stock Overview
Provides beverages in Denmark, Germany, Norway, Sweden, Italy, the Netherlands, France, Finland, Lithuania, Latvia, Estonia, Belgium, Luxembourg, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
RBREW Community Fair Values
Create NarrativeSee what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Royal Unibrew A/S Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | DKK 405.60 |
| 52 Week High | DKK 653.50 |
| 52 Week Low | DKK 394.60 |
| Beta | 0.37 |
| 1 Month Change | -0.64% |
| 3 Month Change | -30.07% |
| 1 Year Change | -26.92% |
| 3 Year Change | -31.65% |
| 5 Year Change | -48.99% |
| Change since IPO | 554.19% |
Recent News & Updates
Narrative Update • Jun 01
RBREW: Soft Drinks Expansion And Buybacks Will Support Future Upside
Narrative Update The analyst price target for Royal Unibrew has been reduced by DKK 120 to reflect a series of recent downgrades and target cuts from multiple banks, even as some analysts still highlight the company’s broadened soft drinks footprint in energy, low or no sugar, premium and enhanced beverages following recent acquisitions. Analyst Commentary Recent research on Royal Unibrew has turned more cautious overall, with several downgrades and target cuts offset by a prior upgrade that highlighted the company’s growing presence in categories like energy, low or no sugar, premium and enhanced beverages.Narrative Update • May 12
RBREW: Soft Drinks Expansion And Buybacks Will Support Future Returns
Analysts have trimmed the Royal Unibrew price target, with the modelled fair value moving from DKK 530.79 to DKK 502.07. This reflects recent target cuts and downgrades as they factor in slightly softer revenue growth, profit margins and a lower future P/E assumption.
New Narrative • Apr 24
Efficiency Investments And Growth Categories Will Support Stable Margins And Fair Long Term Prospects
Catalysts About Royal Unibrew Royal Unibrew is a multi beverage company that produces and markets beer, soft drinks, energy drinks, ready to drink beverages and other drinks across Northern Europe, Western Europe and a range of international markets. What are the underlying business or industry changes driving this perspective?Recent updates
Narrative Update • Jun 01
RBREW: Soft Drinks Expansion And Buybacks Will Support Future Upside
Narrative Update The analyst price target for Royal Unibrew has been reduced by DKK 120 to reflect a series of recent downgrades and target cuts from multiple banks, even as some analysts still highlight the company’s broadened soft drinks footprint in energy, low or no sugar, premium and enhanced beverages following recent acquisitions. Analyst Commentary Recent research on Royal Unibrew has turned more cautious overall, with several downgrades and target cuts offset by a prior upgrade that highlighted the company’s growing presence in categories like energy, low or no sugar, premium and enhanced beverages.Narrative Update • May 12
RBREW: Soft Drinks Expansion And Buybacks Will Support Future Returns
Analysts have trimmed the Royal Unibrew price target, with the modelled fair value moving from DKK 530.79 to DKK 502.07. This reflects recent target cuts and downgrades as they factor in slightly softer revenue growth, profit margins and a lower future P/E assumption.New Narrative • Apr 24
Efficiency Investments And Growth Categories Will Support Stable Margins And Fair Long Term Prospects
Catalysts About Royal Unibrew Royal Unibrew is a multi beverage company that produces and markets beer, soft drinks, energy drinks, ready to drink beverages and other drinks across Northern Europe, Western Europe and a range of international markets. What are the underlying business or industry changes driving this perspective?Analysis Article • Apr 24
Royal Unibrew A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
One of the biggest stories of last week was how Royal Unibrew A/S ( CPH:RBREW ) shares plunged 26% in the week since...Narrative Update • Apr 23
RBREW: Soft Drinks Expansion And Share Buybacks Will Support Future Upside
Analysts have reduced the Royal Unibrew fair value estimate from DKK 650.73 to DKK 530.79. This change reflects Street research that has become more cautious on revenue growth, profit margins and future P/E expectations following a series of recent downgrades.Narrative Update • Apr 08
RBREW: Soft Drinks Expansion And Brewdog Talks Will Support Future Upside
Analysts have nudged the price target on Royal Unibrew higher to DKK 681 from a prior level around DKK 595, highlighting recent acquisitions that expand the group's presence in faster growing soft drinks segments such as energy, low or no sugar, premium and enhanced beverages, while viewing the current share price as reflecting a more balanced risk and reward profile. Analyst Commentary Bullish Takeaways Bullish analysts point to the expanded footprint in faster growing soft drinks categories such as energy, low or no sugar, premium and enhanced beverages as a key driver for potential long term growth.Narrative Update • Mar 25
RBREW: BrewDog Talks And Buybacks Will Support Future Upside Potential
Analysts have nudged the Royal Unibrew fair value estimate higher to DKK 650.73 from DKK 645.14, reflecting updated price targets around DKK 681 and DKK 595 and research citing greater exposure to faster growing soft drink categories such as energy, low or no sugar, premium and enhanced beverages, along with a view that current levels offer a more balanced risk and reward profile. Analyst Commentary Bullish Takeaways Bullish analysts highlight recent acquisitions that expand Royal Unibrew's presence in faster growing soft drink segments such as energy, low or no sugar, premium and enhanced beverages, which they see as supportive for long term revenue mix and brand relevance.Narrative Update • Mar 10
RBREW: Buybacks And BrewDog Talks Will Support A More Attractive Outlook
Narrative Update on Royal Unibrew The analyst price target for Royal Unibrew has moved from DKK 624.47 to DKK 645.14, with analysts pointing to a slightly higher fair value, modest adjustments to revenue growth and profit margin assumptions, and a recent shift in rating to Equal Weight. This reflects a more balanced risk and reward profile around the current DKK 595 Street target.Narrative Update • Feb 23
RBREW: Completed Buybacks And Refined Assumptions Will Support A Fairly Valued Outlook
Analysts have nudged their price target on Royal Unibrew to DKK 624.47 from DKK 622.14, indicating slightly higher fair value estimates supported by small adjustments to long term profit margin assumptions and a lower projected future P/E multiple. What's in the News Royal Unibrew completed a share buyback program running from August 26, 2025 to December 19, 2025, repurchasing 596,500 shares for DKK 299.97 million, equal to 1.2% of the company (Key Developments).
New Narrative • Feb 18
Western Europe Expansion And Efficiency Programs Will Transform Long Term Earnings Power
Catalysts About Royal Unibrew Royal Unibrew is a multi beverage company that produces and markets beer, soft drinks, energy drinks and ready to drink beverages across Northern Europe, Western Europe and selected international markets. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 09
RBREW: Share Buybacks And Steady Guidance Will Shape Fairly Valued Outlook
Analysts have nudged their fair value estimate for Royal Unibrew to DKK 622.14 from DKK 617.47, in line with a recent move in Street research where a large bank raised its price target to DKK 580 from DKK 570 and reiterated a positive view on the shares. Analyst Commentary Bullish analysts see the latest fair value adjustment and the DKK 580 price target as broadly aligned, which they view as a sign that expectations for Royal Unibrew are relatively well anchored across research desks.Narrative Update • Jan 24
RBREW: Steady Guidance And P/E Assumptions Will Continue To Shape Share Performance
Analysts have nudged their price targets on Royal Unibrew higher, with one recent move to DKK 580 from DKK 570 contributing to an updated fair value estimate of DKK 617.47, supported by only modest tweaks to long term growth, margin and future P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts view the move to a DKK 580 price target as consistent with their confidence that Royal Unibrew can support the updated fair value estimate of DKK 617.47 under current long term assumptions.Analysis Article • Jan 14
Royal Unibrew A/S' (CPH:RBREW) Intrinsic Value Is Potentially 87% Above Its Share Price
Key Insights The projected fair value for Royal Unibrew is kr.1,076 based on 2 Stage Free Cash Flow to Equity Current...Narrative Update • Jan 09
RBREW: Steady Guidance And P/E Assumptions Will Shape Future Share Performance
Analysts have inched their price targets on Royal Unibrew higher to around DKK 580, citing updated assumptions on fair value and future P/E that align with the recent DKK 10 increase highlighted in Street research. Analyst Commentary Recent Street research, including the DKK 580 target from Morgan Stanley, helps frame how analysts are thinking about Royal Unibrew's valuation and execution risk at current levels.Narrative Update • Dec 18
RBREW: Margin Resilience And Steady Guidance Will Shape Future Share Performance
Analysts nudged their price target on Royal Unibrew higher to DKK 580 from DKK 570, citing continued confidence in the company’s earnings power and long term growth profile. Analyst Commentary Bullish analysts highlight that the higher price target reflects growing confidence in Royal Unibrew’s ability to sustain attractive earnings growth and execute on its long term strategy.Analysis Article • Dec 08
There Are Reasons To Feel Uneasy About Royal Unibrew's (CPH:RBREW) Returns On Capital
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Narrative Update • Dec 04
RBREW: Future Margin Gains And Steady Guidance Will Shape Share Performance
The analyst price target for Royal Unibrew has increased by about DKK 10 to just under DKK 600, as analysts point to slightly stronger revenue growth, improving profit margins, and support from recent target hikes across the Street. Analyst Commentary Street research updates reflect a more constructive view on Royal Unibrew, with multiple firms lifting price targets and at least one upgrading the stock to a more positive rating.Narrative Update • Nov 19
RBREW: Share Price Will Reflect Improved Profitability Amid Sector Challenges
Analysts have raised their price target for Royal Unibrew from DKK 575.65 to DKK 587.47. This reflects optimism about the company’s resilience and improved profitability in a challenging beverages sector.Analysis Article • Nov 12
Here's Why Royal Unibrew (CPH:RBREW) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Sep 25
Royal Unibrew A/S' (CPH:RBREW) Business Is Trailing The Market But Its Shares Aren't
With a median price-to-earnings (or "P/E") ratio of close to 15x in Denmark, you could be forgiven for feeling...Narrative Update • Sep 18
International Expansion And Premium Segments Will Drive Future Success
Despite a modest increase in revenue growth forecasts and a lower projected future P/E, the consensus analyst price target for Royal Unibrew has been revised downward from DKK588.71 to DKK575.65. What's in the News Royal Unibrew narrowed full-year 2025 earnings guidance: net revenue growth now expected at 5%-6% (previously 5%-7%), and EBIT growth at 8%-12% (was 7%-13%).Analysis Article • Sep 04
We Think That There Are Issues Underlying Royal Unibrew's (CPH:RBREW) Earnings
Despite posting some strong earnings, the market for Royal Unibrew A/S' ( CPH:RBREW ) stock hasn't moved much. We did...Analysis Article • Aug 28
Analysts Are Updating Their Royal Unibrew A/S (CPH:RBREW) Estimates After Its Interim Results
Royal Unibrew A/S ( CPH:RBREW ) came out with its half-yearly results last week, and we wanted to see how the business...Analysis Article • Jul 30
Royal Unibrew A/S (CPH:RBREW) Shares Could Be 45% Below Their Intrinsic Value Estimate
Key Insights Using the 2 Stage Free Cash Flow to Equity, Royal Unibrew fair value estimate is kr.913 Royal Unibrew's...Analysis Article • Jun 25
Is Royal Unibrew (CPH:RBREW) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • May 21
Royal Unibrew (CPH:RBREW) Will Want To Turn Around Its Return Trends
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...Analysis Article • May 02
Royal Unibrew A/S Just Missed EPS By 9.5%: Here's What Analysts Think Will Happen Next
As you might know, Royal Unibrew A/S ( CPH:RBREW ) last week released its latest first-quarter, and things did not turn...Analysis Article • Apr 23
Here's Why Shareholders May Want To Be Cautious With Increasing Royal Unibrew A/S' (CPH:RBREW) CEO Pay Packet
Key Insights Royal Unibrew will host its Annual General Meeting on 29th of April Total pay for CEO Lars Jensen includes...Analysis Article • Mar 25
Here's Why Royal Unibrew (CPH:RBREW) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Mar 05
Investors Shouldn't Be Too Comfortable With Royal Unibrew's (CPH:RBREW) Earnings
Despite posting some strong earnings, the market for Royal Unibrew A/S' ( CPH:RBREW ) stock hasn't moved much. We did...Analysis Article • Feb 27
Earnings Update: Royal Unibrew A/S (CPH:RBREW) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Last week saw the newest full-year earnings release from Royal Unibrew A/S ( CPH:RBREW ), an important milestone in the...
New Narrative • Feb 09
PepsiCo Integration And Sustainability Initiatives Will Strengthen Future Market Position
Strategic expansion and efficiency projects in key markets will support revenue growth despite near-term integration costs.Analysis Article • Jan 28
Unpleasant Surprises Could Be In Store For Royal Unibrew A/S' (CPH:RBREW) Shares
When close to half the companies in Denmark have price-to-earnings ratios (or "P/E's") below 14x, you may consider...Analysis Article • Jan 10
Royal Unibrew (CPH:RBREW) May Have Issues Allocating Its Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Analysis Article • Dec 05
Is Royal Unibrew (CPH:RBREW) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Sep 29
Returns On Capital At Royal Unibrew (CPH:RBREW) Paint A Concerning Picture
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Sep 13
Are Investors Undervaluing Royal Unibrew A/S (CPH:RBREW) By 48%?
Key Insights The projected fair value for Royal Unibrew is kr.1,133 based on 2 Stage Free Cash Flow to Equity Royal...Analysis Article • Aug 26
Analysts Have Made A Financial Statement On Royal Unibrew A/S' (CPH:RBREW) Half-Year Report
It's been a good week for Royal Unibrew A/S ( CPH:RBREW ) shareholders, because the company has just released its...Analysis Article • Aug 24
Is Royal Unibrew (CPH:RBREW) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Jun 13
Is Royal Unibrew A/S (CPH:RBREW) Trading At A 41% Discount?
Key Insights The projected fair value for Royal Unibrew is kr.992 based on 2 Stage Free Cash Flow to Equity Royal...Analysis Article • May 28
Royal Unibrew (CPH:RBREW) Could Be Struggling To Allocate Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Analysis Article • May 13
Royal Unibrew A/S (CPH:RBREW) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Royal Unibrew A/S ( CPH:RBREW ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...Analysis Article • May 10
Is Royal Unibrew (CPH:RBREW) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Apr 25
Here's Why It's Unlikely That Royal Unibrew A/S' (CPH:RBREW) CEO Will See A Pay Rise This Year
Key Insights Royal Unibrew's Annual General Meeting to take place on 30th of April CEO Lars Jensen's total compensation...Analysis Article • Apr 21
Earnings Update: Royal Unibrew A/S Beat Earnings And Now Analysts Have New Forecasts For This Year
Royal Unibrew A/S ( CPH:RBREW ) investors will be delighted, with the company turning in some strong numbers with its...Analysis Article • Mar 23
Getting In Cheap On Royal Unibrew A/S (CPH:RBREW) Is Unlikely
With a price-to-earnings (or "P/E") ratio of 20.2x Royal Unibrew A/S ( CPH:RBREW ) may be sending bearish signals at...Analysis Article • Feb 18
Investors Could Be Concerned With Royal Unibrew's (CPH:RBREW) Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Jan 13
Royal Unibrew (CPH:RBREW) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Shareholder Returns
| RBREW | DK Beverage | DK Market | |
|---|---|---|---|
| 7D | -2.9% | -1.1% | -1.5% |
| 1Y | -26.9% | -5.3% | -20.0% |
Return vs Industry: RBREW underperformed the Danish Beverage industry which returned -5.3% over the past year.
Return vs Market: RBREW underperformed the Danish Market which returned -20% over the past year.
Price Volatility
| RBREW volatility | |
|---|---|
| RBREW Average Weekly Movement | 8.0% |
| Beverage Industry Average Movement | 3.9% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DK Market | 8.4% |
| 10% least volatile stocks in DK Market | 2.8% |
Stable Share Price: RBREW's share price has been volatile over the past 3 months compared to the Danish market.
Volatility Over Time: RBREW's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Danish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1901 | 4,006 | Lars Jensen | www.royalunibrew.com |
Royal Unibrew A/S provides beverages in Denmark, Germany, Norway, Sweden, Italy, the Netherlands, France, Finland, Lithuania, Latvia, Estonia, Belgium, Luxembourg, and internationally. It offers soft drinks under the Faxe Kondi, Jaffa, Lemon Soda, Lorina, Royal Club, Fonti di Crodo, Adelhardt, Frem, Rebæl, Crystal Clear, Sisi, Sourcy Vitamin Water, Borg, Hansa, CB, and Pommac brands, as well as other partner brands. The company also provides energy drinks under the Faxe Kondi Booster, CULT, Crazy Tiger, Lemon Soda Energy, Jaffa Booster, and ED energy brands; water under the Novelle, Egekilde, Sourcy, Vichy Original, Olden, Mangali, and other partner brands; and malt beverages under the Vitamalt, Supermalt, and Powermalt brands.
Royal Unibrew A/S Fundamentals Summary
| RBREW fundamental statistics | |
|---|---|
| Market cap | DKK 19.64b |
| Earnings (TTM) | DKK 1.60b |
| Revenue (TTM) | DKK 15.83b |
12.2x
P/E Ratio1.2x
P/S RatioIs RBREW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RBREW income statement (TTM) | |
|---|---|
| Revenue | DKK 15.83b |
| Cost of Revenue | DKK 9.00b |
| Gross Profit | DKK 6.83b |
| Other Expenses | DKK 5.22b |
| Earnings | DKK 1.60b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 17, 2026
| Earnings per share (EPS) | 33.13 |
| Gross Margin | 43.13% |
| Net Profit Margin | 10.13% |
| Debt/Equity Ratio | 92.3% |
How did RBREW perform over the long term?
See historical performance and comparisonDividends
3.9%
Current Dividend Yield49%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/07 11:16 |
| End of Day Share Price | 2026/06/04 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Royal Unibrew A/S is covered by 24 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Javier Gonzalez-Lastra | Berenberg |
| Nadine Sarwat | Bernstein |
| Matthew Ford | BNP Paribas |