Heineken N.V. engages in brewing and selling beer and cider.
Solid track record established dividend payer.
Share Price & News
How has Heineken's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HEIA has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HEIA exceeded the Austrian Beverage industry which returned 5.9% over the past year.
Return vs Market: HEIA exceeded the Austrian Market which returned 5.1% over the past year.
Price Volatility Vs. Market
How volatile is Heineken's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Heineken undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HEIA (€103.9) is trading below our estimate of fair value (€175.07)
Significantly Below Fair Value: HEIA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HEIA is poor value based on its PE Ratio (27.5x) compared to the Beverage industry average (20.7x).
PE vs Market: HEIA is poor value based on its PE Ratio (27.5x) compared to the Austrian market (14.2x).
Price to Earnings Growth Ratio
PEG Ratio: HEIA is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: HEIA is overvalued based on its PB Ratio (3.7x) compared to the XE Beverage industry average (2.1x).
How is Heineken forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HEIA's forecast earnings growth (9.7% per year) is above the savings rate (-0.1%).
Earnings vs Market: HEIA's earnings (9.7% per year) are forecast to grow slower than the Austrian market (9.9% per year).
High Growth Earnings: HEIA's earnings are forecast to grow, but not significantly.
Revenue vs Market: HEIA's revenue (4.6% per year) is forecast to grow faster than the Austrian market (2.7% per year).
High Growth Revenue: HEIA's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HEIA's Return on Equity is forecast to be low in 3 years time (14.9%).
How has Heineken performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HEIA has high quality earnings.
Growing Profit Margin: HEIA's current net profit margins (9%) are higher than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: HEIA's earnings have grown by 4.1% per year over the past 5 years.
Accelerating Growth: HEIA's earnings growth over the past year (13.8%) exceeds its 5-year average (4.1% per year).
Earnings vs Industry: HEIA earnings growth over the past year (13.8%) exceeded the Beverage industry 2.7%.
Return on Equity
High ROE: HEIA's Return on Equity (13.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Heineken's financial position?
Financial Position Analysis
Short Term Liabilities: HEIA's short term assets (€8.4B) do not cover its short term liabilities (€12.3B).
Long Term Liabilities: HEIA's short term assets (€8.4B) do not cover its long term liabilities (€16.9B).
Debt to Equity History and Analysis
Debt Level: HEIA's debt to equity ratio (91.4%) is considered high.
Reducing Debt: HEIA's debt to equity ratio has increased from 87.3% to 91.4% over the past 5 years.
Debt Coverage: HEIA's debt is well covered by operating cash flow (27.4%).
Interest Coverage: HEIA's interest payments on its debt are well covered by EBIT (8x coverage).
Inventory Level: HEIA has a high level of physical assets or inventory.
Debt Coverage by Assets: HEIA's debt is not covered by short term assets (assets are 0.5x debt).
What is Heineken's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Heineken before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HEIA's dividend (1.62%) is higher than the bottom 25% of dividend payers in the Austrian market (1.58%).
High Dividend: HEIA's dividend (1.62%) is low compared to the top 25% of dividend payers in the Austrian market (4.47%).
Stability and Growth of Payments
Stable Dividend: HEIA's dividends per share have been stable in the past 10 years.
Growing Dividend: HEIA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44.5%), HEIA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HEIA's dividends in 3 years are forecast to be well covered by earnings (37.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jean-François M. Van Boxmeer (58yo)
Mr. Jean-François M. L. Van Boxmeer serves as Chairman of Executive Board and Chief Executive Officer at Heineken NV since October 1, 2005 and its Member of the Executive Board since 2001. Mr. Van Boxmeer ...
CEO Compensation Analysis
Compensation vs Market: Jean-François M.'s total compensation ($USD8.94M) is above average for companies of similar size in the Austrian market ($USD3.59M).
Compensation vs Earnings: Jean-François M.'s compensation has been consistent with company performance over the past year.
|Chairman of the Executive Board & CEO||14.3yrs||€8.24m||0.072% €42.9m|
|CFO & Member of the Executive Board||4.8yrs||€3.81m||0.0080% €4.7m|
|Executive Director of Global Legal Affairs||2.6yrs||no data||no data|
|Executive Director of Global Business Development||0yrs||no data||no data|
|Chief Human Resources Officer||5.8yrs||no data||no data|
|Chief Supply Chain Officer||15.1yrs||no data||no data|
|Executive Director of Global Audit||1.3yrs||no data||no data|
|Chief Commercial Officer||11.1yrs||no data||no data|
|Managing Director of China Business||8.1yrs||no data||no data|
|Managing Director of UK Business||6.8yrs||no data||no data|
Experienced Management: HEIA's management team is seasoned and experienced (6.8 years average tenure).
|Vice Chairman of Supervisory Board||9.8yrs||no data||no data|
|Member of Supervisory Board||24.1yrs||no data||0.018% €10.4m|
|Member of Supervisory Board||11.1yrs||no data||no data|
|Member of Supervisory Board||26.1yrs||no data||no data|
|Member of Supervisory Board||9.8yrs||no data||no data|
|Member of Supervisory Board||0.8yrs||no data||no data|
|Member of Supervisory Board||1.8yrs||no data||no data|
|Chairman of Supervisory Board||0.8yrs||no data||no data|
|Member of Supervisory Board||3.8yrs||no data||no data|
|Member of Supervisory Board||0.8yrs||no data||no data|
Experienced Board: HEIA's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Heineken N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Heineken N.V.
- Ticker: HEIA
- Exchange: WBAG
- Founded: 1864
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: €59.213b
- Shares outstanding: 570.18m
- Website: https://www.theheinekencompany.com
Number of Employees
- Heineken N.V.
- Tweede Weteringplantsoen 21
- 1017 ZD
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HINK.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 1976|
|HNK1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 1976|
|HEIA||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Jun 1976|
|HEI||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jun 1976|
|HNK1||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Jun 1976|
|0O26||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jun 1976|
|HEIAA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jun 1976|
|HEIA||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Jun 1976|
|HEIA-U||ETLX (Eurotlx)||Yes||Ordinary Shares||IT||EUR||Jun 1976|
|HEIA N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Jun 1976|
|HEIA||SEP (The Stock Exchange Prague Co. Ltd.)||Yes||Ordinary Shares||CZ||CZK||Jun 1976|
|HEIN.Y||OTCPK (Pink Sheets LLC)||SPON ADR EACH REP 1/2 ORD EUR0.00||US||USD||Jan 1980|
|HNK2||DB (Deutsche Boerse AG)||SPON ADR EACH REP 1/2 ORD EUR0.00||DE||EUR||Jan 1980|
Heineken N.V. engages in brewing and selling beer and cider. The company operates through Africa, Middle East & Eastern Europe; Americas; Asia Pacific; and Europe segments. It offers beer, cider, soft drinks, and other beverages. The company offers its beers under the Heineken, Amstel, Desperados, Sol, Tiger, Tecate, Red Stripe, Krušovice, Birra Morett, Affligem, Lagunitas, and Mort Subite brands, as well as under various other regional and local brands; and cider under the Strongbow Apple Ciders, Orchard Thieves, Stassen, Bulmers, Old Mout, and Blind Pig brands. It offers its products to retailers, bars, and restaurants through distributors. The company was founded in 1864 and is headquartered in Amsterdam, the Netherlands. Heineken N.V. is a subsidiary of Heineken Holding N.V.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 22:11|
|End of Day Share Price||2020/02/14 00:00|
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 here.