Heineken N.V. engages in brewing and selling beer and cider. More Details
Moderate growth potential and slightly overvalued.
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 is less volatile than 75% of Dutch stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: HEIA's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: HEIA underperformed the Dutch Beverage industry which returned 30.5% over the past year.
Return vs Market: HEIA underperformed the Dutch Market which returned 35.6% over the past year.
Long-Term 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
3 weeks ago | Simply Wall StHeineken N.V. (AMS:HEIA) Shares Could Be 37% Below Their Intrinsic Value Estimate
1 month ago | Simply Wall StThese 4 Measures Indicate That Heineken (AMS:HEIA) Is Using Debt Extensively
2 months ago | Simply Wall StReturns On Capital At Heineken (AMS:HEIA) Paint A Concerning Picture
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 (€97.94) is trading below our estimate of fair value (€156.13)
Significantly Below Fair Value: HEIA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HEIA is unprofitable, so we can't compare its PE Ratio to the European Beverage industry average.
PE vs Market: HEIA is unprofitable, so we can't compare its PE Ratio to the Dutch market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HEIA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HEIA is overvalued based on its PB Ratio (4.2x) compared to the XE Beverage industry average (2.5x).
How is Heineken forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HEIA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.1%).
Earnings vs Market: HEIA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HEIA's is expected to become profitable in the next 3 years.
Revenue vs Market: HEIA's revenue (6.2% per year) is forecast to grow slower than the Dutch market (6.4% per year).
High Growth Revenue: HEIA's revenue (6.2% 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 (15.8%).
How has Heineken performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HEIA is currently unprofitable.
Growing Profit Margin: HEIA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HEIA is unprofitable, and losses have increased over the past 5 years at a rate of 9.2% per year.
Accelerating Growth: Unable to compare HEIA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HEIA is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (-13.8%).
Return on Equity
High ROE: HEIA has a negative Return on Equity (-0.61%), as it is currently unprofitable.
How is Heineken's financial position?
Financial Position Analysis
Short Term Liabilities: HEIA's short term assets (€9.0B) do not cover its short term liabilities (€10.9B).
Long Term Liabilities: HEIA's short term assets (€9.0B) do not cover its long term liabilities (€17.4B).
Debt to Equity History and Analysis
Debt Level: HEIA's debt to equity ratio (118.1%) is considered high.
Reducing Debt: HEIA's debt to equity ratio has increased from 97.3% to 118.1% over the past 5 years.
Debt Coverage: HEIA's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: HEIA is unprofitable, therefore interest payments are not well covered by earnings.
What is Heineken current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HEIA's dividend (0.71%) isn’t notable compared to the bottom 25% of dividend payers in the Dutch market (1.57%).
High Dividend: HEIA's dividend (0.71%) is low compared to the top 25% of dividend payers in the Dutch market (4.45%).
Stability and Growth of Payments
Stable Dividend: HEIA is not paying a notable dividend for the Dutch market, therefore no need to check if payments are stable.
Growing Dividend: HEIA is not paying a notable dividend for the Dutch market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: HEIA is not paying a notable dividend for the Dutch market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HEIA's dividend in 3 years as they are not forecast to pay a notable one for the Dutch market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dolf van den Brink (47 yo)
Mr. Rudolf Gijsbert Servaas van den Brink, also known as Dolf, serves as Chairman of the Executive Board and Chief Executive Officer at Heineken N.V. since June 1, 2020. He served as Non–Executive Director...
CEO Compensation Analysis
Compensation vs Market: Dolf's total compensation ($USD1.87M) is below average for companies of similar size in the Dutch market ($USD3.19M).
Compensation vs Earnings: Insufficient data to compare Dolf's compensation with company performance.
Experienced Management: HEIA's management team is considered experienced (3.3 years average tenure).
Experienced Board: HEIA's board of directors are considered experienced (4.2 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.
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: ENXTAM
- Founded: 1864
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: €56.386b
- Shares outstanding: 575.72m
- Website: https://www.theheinekencompany.com
Number of Employees
- Heineken N.V.
- Tweede Weteringplantsoen 21
- 1017 ZD
Heineken N.V. engages in brewing and selling beer and cider. It operates through Europe; Americas; Africa, Middle East & Eastern Europe; and Asia Pacific segments. It offers beer, cider, soft drinks, and w...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/13 20:29|
|End of Day Share Price||2021/06/11 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.