Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
RBREW.COthis companyRoyal Unibrew A/S	DKK 449.40	18.2×	4.23×	1.81×	11.75×	192.3%	40.9%	14.0%	9.9%	23.2%	12.7%	5.4%	0.91×	2.06×	8.53×	0.71×	2.6%	7	2.37	4	A-
ALEFRM.COAlefarm Brewing A/S	DKK 2.81	-23×	4.92×	3.12×	94.5×	-322.5%	13.4%	-10.3%	-13.2%	-20.8%	-15.5%	1.8%	0.05×	-2.71×	-3.55×	4.24×	0.0%	4	12.68	2	C+
CARL-B.COCarlsberg A/S	DKK 1,017.50	18.54×	3.97×	1.24×	10.42×	63.4%	42.3%	13.4%	6.7%	21.4%	8.0%	6.8%	2.54×	3.71×	4.52×	0.6×	3.2%	5	1.47	3	B+
HARB-B.COHarboes Bryggeri A/S	DKK 120.20	17.47×	0.6×	0.27×	6.81×	20.7%	20.3%	2.5%	1.6%	3.4%	2.6%	-13.9%	0.44×	2.87×	4.04×	1.39×	1.8%	4	2.42	3	B+
Peer median	—	17.47×	3.97×	1.24×	10.42×	20.7%	20.3%	2.5%	1.6%	3.4%	2.6%	1.8%	0.44×	2.87×	4.04×	1.39×	1.8%	4	2.42	3	—