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Heineken
Buy, Hold or Sell?

Let's analyse Heineken together

PenkeI guess you are interested in Heineken. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Heineken. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Heineken (30 sec.)










What can you expect buying and holding a share of Heineken? (30 sec.)

How much money do you get?

How much money do you get?
€8.02
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€38.05
Expected worth in 1 year
€53.46
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
€23.03
Return On Investment
27.6%

For what price can you sell your share?

Current Price per Share
€83.46
Expected price per share
€74.81 - €87.47
How sure are you?
50%
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1. Valuation of Heineken (5 min.)




Live pricePrice per Share (EOD)

€83.46

Intrinsic Value Per Share

€30.53 - €41.15

Total Value Per Share

€68.59 - €79.20

2. Growth of Heineken (5 min.)




Is Heineken growing?

Current yearPrevious yearGrowGrow %
How rich?$23b$20.6b$2.3b10.1%

How much money is Heineken making?

Current yearPrevious yearGrowGrow %
Making money$2.8b$3.4b-$674.4m-23.9%
Net Profit Margin9.3%15.1%--

How much money comes from the company's main activities?

3. Financial Health of Heineken (5 min.)




4. Comparing to competitors in the Beverages-Brewers industry (5 min.)




  Industry Rankings (Beverages-Brewers)  

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What can you expect buying and holding a share of Heineken? (5 min.)

Welcome investor! Heineken's management wants to use your money to grow the business. In return you get a share of Heineken.

What can you expect buying and holding a share of Heineken?

First you should know what it really means to hold a share of Heineken. And how you can make/lose money.

Speculation

The Price per Share of Heineken is €83.46. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Heineken.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Heineken, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €38.05. Based on the TTM, the Book Value Change Per Share is €3.85 per quarter. Based on the YOY, the Book Value Change Per Share is €9.20 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €1.91 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Heineken.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps4.895.9%4.895.9%6.067.3%3.614.3%3.324.0%
Usd Book Value Change Per Share4.054.8%4.054.8%9.6711.6%2.653.2%1.672.0%
Usd Dividend Per Share2.002.4%2.002.4%1.451.7%1.842.2%1.722.1%
Usd Total Gains Per Share6.057.2%6.057.2%11.1213.3%4.485.4%3.394.1%
Usd Price Per Share92.32-92.32-103.85-94.56-83.52-
Price to Earnings Ratio18.87-18.87-17.13--34.64--5.42-
Price-to-Total Gains Ratio15.26-15.26-9.34-7.98-28.86-
Price to Book Ratio2.31-2.31-2.89-2.97-2.88-
Price-to-Total Gains Ratio15.26-15.26-9.34-7.98-28.86-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share87.67473
Number of shares11
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share2.001.84
Usd Book Value Change Per Share4.052.65
Usd Total Gains Per Share6.054.48
Gains per Quarter (11 shares)66.5449.33
Gains per Year (11 shares)266.17197.33
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
18817825681117187
2176356522162233384
3265534788242350581
43537121054323466778
54418901320404583975
6529106815864856991172
7617124618525658161369
8705142421186469321566
97941602238472710491763
108821780265080811651960

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%23.01.00.095.8%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%15.09.00.062.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%23.00.01.095.8%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%18.06.00.075.0%
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Fundamentals of Heineken

About Heineken

Heineken N.V. brews and sells beer and cider in Europe, Americas, Africa, the Middle East, Eastern Europe, and the Asia Pacific. The company also provides soft drinks and water. It offers its beers under the Heineken, Amstel, Sol, Tiger, Birra Moretti, Pure Piraña, Desperados, Edelweiss, and Lagunitas brands; and cider under the Strongbow Apple Ciders, Orchard Thieves, Cidrerie Stassen, Bulmers, and Old Mout brands, as well as under regional and local brands. The company offers its products to retailers, wholesalers, cafes, bars, pubs, hotels, and restaurants. Heineken N.V. was founded in 1864 and is headquartered in Amsterdam, the Netherlands. Heineken N.V. operates as a subsidiary of Heineken Holding N.V.

Fundamental data was last updated by Penke on 2023-09-28 05:11:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is underpriced.
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1.1. Profitability of Heineken.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Heineken earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Heineken to the Beverages-Brewers industry mean.
  • A Net Profit Margin of 9.3% means that €0.09 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Heineken:

  • The MRQ is 9.3%. The company is making a profit. +1
  • The TTM is 9.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.3%TTM9.3%0.0%
TTM9.3%YOY15.1%-5.8%
TTM9.3%5Y8.3%+1.0%
5Y8.3%10Y8.2%+0.1%
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
MRQ9.3%9.3%+0.0%
TTM9.3%4.7%+4.6%
YOY15.1%6.9%+8.2%
5Y8.3%4.5%+3.8%
10Y8.2%5.3%+2.9%
1.1.2. Return on Assets

Shows how efficient Heineken is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Heineken to the Beverages-Brewers industry mean.
  • 5.1% Return on Assets means that Heineken generated €0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Heineken:

  • The MRQ is 5.1%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.1%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.1%TTM5.1%0.0%
TTM5.1%YOY6.8%-1.7%
TTM5.1%5Y4.2%+0.9%
5Y4.2%10Y4.3%-0.1%
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
MRQ5.1%2.7%+2.4%
TTM5.1%2.6%+2.5%
YOY6.8%1.9%+4.9%
5Y4.2%1.7%+2.5%
10Y4.3%2.2%+2.1%
1.1.3. Return on Equity

Shows how efficient Heineken is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Heineken to the Beverages-Brewers industry mean.
  • 13.7% Return on Equity means Heineken generated €0.14 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Heineken:

  • The MRQ is 13.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 13.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.7%TTM13.7%0.0%
TTM13.7%YOY19.2%-5.4%
TTM13.7%5Y11.8%+1.9%
5Y11.8%10Y12.3%-0.5%
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
MRQ13.7%7.0%+6.7%
TTM13.7%4.5%+9.2%
YOY19.2%3.5%+15.7%
5Y11.8%3.3%+8.5%
10Y12.3%3.6%+8.7%
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1.2. Operating Efficiency of Heineken.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Heineken is operating .

  • Measures how much profit Heineken makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Heineken to the Beverages-Brewers industry mean.
  • An Operating Margin of 14.9% means the company generated €0.15  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Heineken:

  • The MRQ is 14.9%. The company is operating less efficient.
  • The TTM is 14.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ14.9%TTM14.9%0.0%
TTM14.9%YOY20.4%-5.5%
TTM14.9%5Y13.7%+1.2%
5Y13.7%10Y14.0%-0.3%
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
MRQ14.9%14.9%+0.0%
TTM14.9%5.0%+9.9%
YOY20.4%9.1%+11.3%
5Y13.7%7.9%+5.8%
10Y14.0%8.1%+5.9%
1.2.2. Operating Ratio

Measures how efficient Heineken is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Beverages-Brewers industry mean).
  • An Operation Ratio of 0.86 means that the operating costs are €0.86 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Heineken:

  • The MRQ is 0.856. The company is less efficient in keeping operating costs low.
  • The TTM is 0.856. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.856TTM0.8560.000
TTM0.856YOY0.865-0.009
TTM0.8565Y0.880-0.024
5Y0.88010Y0.873+0.007
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8561.208-0.352
TTM0.8561.208-0.352
YOY0.8651.165-0.300
5Y0.8801.102-0.222
10Y0.8730.972-0.099
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1.3. Liquidity of Heineken.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Heineken is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Beverages-Brewers industry mean).
  • A Current Ratio of 0.78 means the company has €0.78 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Heineken:

  • The MRQ is 0.776. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.776. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.776TTM0.7760.000
TTM0.776YOY0.792-0.016
TTM0.7765Y0.790-0.014
5Y0.79010Y0.762+0.028
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7760.994-0.218
TTM0.7761.030-0.254
YOY0.7921.104-0.312
5Y0.7901.122-0.332
10Y0.7621.035-0.273
1.3.2. Quick Ratio

Measures if Heineken is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Heineken to the Beverages-Brewers industry mean.
  • A Quick Ratio of 0.41 means the company can pay off €0.41 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Heineken:

  • The MRQ is 0.415. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.415. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.415TTM0.4150.000
TTM0.415YOY0.546-0.131
TTM0.4155Y0.528-0.113
5Y0.52810Y0.507+0.021
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4150.4150.000
TTM0.4150.446-0.031
YOY0.5460.522+0.024
5Y0.5280.523+0.005
10Y0.5070.513-0.006
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1.4. Solvency of Heineken.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Heineken assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Heineken to Beverages-Brewers industry mean.
  • A Debt to Asset Ratio of 0.58 means that Heineken assets are financed with 58.2% credit (debt) and the remaining percentage (100% - 58.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Heineken:

  • The MRQ is 0.582. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.582. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.582TTM0.5820.000
TTM0.582YOY0.597-0.015
TTM0.5825Y0.620-0.038
5Y0.62010Y0.622-0.002
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5820.531+0.051
TTM0.5820.525+0.057
YOY0.5970.520+0.077
5Y0.6200.520+0.100
10Y0.6220.478+0.144
1.4.2. Debt to Equity Ratio

Measures if Heineken is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Heineken to the Beverages-Brewers industry mean.
  • A Debt to Equity ratio of 155.9% means that company has €1.56 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Heineken:

  • The MRQ is 1.559. The company is just able to pay all its debts with equity.
  • The TTM is 1.559. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.559TTM1.5590.000
TTM1.559YOY1.680-0.120
TTM1.5595Y1.799-0.240
5Y1.79910Y1.809-0.010
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5591.194+0.365
TTM1.5591.131+0.428
YOY1.6801.094+0.586
5Y1.7991.110+0.689
10Y1.8091.054+0.755
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2. Market Valuation of Heineken

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Heineken generates.

  • Above 15 is considered overpriced but always compare Heineken to the Beverages-Brewers industry mean.
  • A PE ratio of 18.87 means the investor is paying €18.87 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Heineken:

  • The EOD is 17.925. Based on the earnings, the company is fair priced.
  • The MRQ is 18.874. Based on the earnings, the company is fair priced.
  • The TTM is 18.874. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD17.925MRQ18.874-0.949
MRQ18.874TTM18.8740.000
TTM18.874YOY17.130+1.744
TTM18.8745Y-34.639+53.514
5Y-34.63910Y-5.419-29.220
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
EOD17.92516.351+1.574
MRQ18.87417.532+1.342
TTM18.87417.900+0.974
YOY17.13022.491-5.361
5Y-34.63918.197-52.836
10Y-5.41926.004-31.423
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Heineken:

  • The EOD is 19.346. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 20.371. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 20.371. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD19.346MRQ20.371-1.025
MRQ20.371TTM20.3710.000
TTM20.371YOY22.036-1.665
TTM20.3715Y24.153-3.782
5Y24.15310Y23.437+0.716
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
EOD19.3468.186+11.160
MRQ20.3718.407+11.964
TTM20.3715.925+14.446
YOY22.0367.964+14.072
5Y24.1537.534+16.619
10Y23.4378.692+14.745
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Heineken is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Beverages-Brewers industry mean).
  • A PB ratio of 2.31 means the investor is paying €2.31 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Heineken:

  • The EOD is 2.193. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.309. Based on the equity, the company is underpriced. +1
  • The TTM is 2.309. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.193MRQ2.309-0.116
MRQ2.309TTM2.3090.000
TTM2.309YOY2.890-0.581
TTM2.3095Y2.966-0.657
5Y2.96610Y2.884+0.082
Compared to industry (Beverages-Brewers)
PeriodCompanyIndustry (mean)+/- 
EOD2.1931.831+0.362
MRQ2.3091.963+0.346
TTM2.3091.970+0.339
YOY2.8901.978+0.912
5Y2.9661.950+1.016
10Y2.8842.557+0.327
2. Total Gains per Share

2.4. Latest News of Heineken

Does Heineken still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Heineken to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2023-09-18
13:04
HEINEKEN has its long-term Net-Zero and FLAG targets approved by the Science Based Targets initiativeRead
2023-09-14
19:01
HEINEKEN Mexico investing EUR 430 million to build a state-of-the-art brewery in YucatánRead
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Heineken compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--3.8513.8510%9.201-58%2.522+53%1.590+142%
Book Value Per Share--38.05438.0540%34.203+11%30.928+23%27.674+38%
Current Ratio--0.7760.7760%0.792-2%0.790-2%0.762+2%
Debt To Asset Ratio--0.5820.5820%0.597-3%0.620-6%0.622-6%
Debt To Equity Ratio--1.5591.5590%1.680-7%1.799-13%1.809-14%
Dividend Per Share--1.9081.9080%1.382+38%1.748+9%1.639+16%
Eps--4.6564.6560%5.771-19%3.439+35%3.159+47%
Free Cash Flow Per Share--4.3144.3140%4.486-4%3.876+11%3.445+25%
Free Cash Flow To Equity Per Share---1.115-1.1150%-0.519-53%1.527-173%1.049-206%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--41.145--------
Intrinsic Value_10Y_min--30.534--------
Intrinsic Value_1Y_max--3.938--------
Intrinsic Value_1Y_min--3.382--------
Intrinsic Value_3Y_max--11.974--------
Intrinsic Value_3Y_min--9.944--------
Intrinsic Value_5Y_max--20.179--------
Intrinsic Value_5Y_min--16.214--------
Market Cap47541737767.680-6%50621175425.60050621175425.6000%56940334389.700-11%51725999486.276-2%45623775554.568+11%
Net Profit Margin--0.0930.0930%0.151-38%0.083+12%0.082+14%
Operating Margin--0.1490.1490%0.204-27%0.137+9%0.140+7%
Operating Ratio--0.8560.8560%0.865-1%0.880-3%0.873-2%
Pb Ratio2.193-5%2.3092.3090%2.890-20%2.966-22%2.884-20%
Pe Ratio17.925-5%18.87418.8740%17.130+10%-34.639+284%-5.419+129%
Price Per Share83.460-5%87.88087.8800%98.860-11%90.016-2%79.507+11%
Price To Free Cash Flow Ratio19.346-5%20.37120.3710%22.036-8%24.153-16%23.437-13%
Price To Total Gains Ratio14.493-5%15.26115.2610%9.342+63%7.978+91%28.859-47%
Quick Ratio--0.4150.4150%0.546-24%0.528-21%0.507-18%
Return On Assets--0.0510.0510%0.068-25%0.042+22%0.043+19%
Return On Equity--0.1370.1370%0.192-28%0.118+16%0.123+11%
Total Gains Per Share--5.7595.7590%10.583-46%4.269+35%3.229+78%
Usd Book Value--23026960000.00023026960000.0000%20694850000.000+11%18670116300.000+23%16685616750.000+38%
Usd Book Value Change Per Share--4.0454.0450%9.665-58%2.649+53%1.670+142%
Usd Book Value Per Share--39.97639.9760%35.930+11%32.489+23%29.072+38%
Usd Dividend Per Share--2.0042.0040%1.452+38%1.836+9%1.722+16%
Usd Eps--4.8914.8910%6.063-19%3.613+35%3.319+47%
Usd Free Cash Flow--2610492500.0002610492500.0000%2714492000.000-4%2339253400.000+12%2076733450.000+26%
Usd Free Cash Flow Per Share--4.5324.5320%4.713-4%4.072+11%3.619+25%
Usd Free Cash Flow To Equity Per Share---1.171-1.1710%-0.545-53%1.604-173%1.102-206%
Usd Market Cap49942595524.948-6%53177544784.59353177544784.5930%59815821276.380-11%54338162460.333-2%47927776220.074+11%
Usd Price Per Share87.675-5%92.31892.3180%103.852-11%94.562-2%83.522+11%
Usd Profit--2817441000.0002817441000.0000%3491862000.000-19%2098268700.000+34%1915481700.000+47%
Usd Revenue--30169309500.00030169309500.0000%23049020500.000+31%24542831500.000+23%22949853300.000+31%
Usd Total Gains Per Share--6.0496.0490%11.117-46%4.485+35%3.392+78%
 EOD+4 -4MRQTTM+0 -0YOY+13 -225Y+27 -810Y+29 -6

3.2. Fundamental Score

Let's check the fundamental score of Heineken based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1517.925
Price to Book Ratio (EOD)Between0-12.193
Net Profit Margin (MRQ)Greater than00.093
Operating Margin (MRQ)Greater than00.149
Quick Ratio (MRQ)Greater than10.415
Current Ratio (MRQ)Greater than10.776
Debt to Asset Ratio (MRQ)Less than10.582
Debt to Equity Ratio (MRQ)Less than11.559
Return on Equity (MRQ)Greater than0.150.137
Return on Assets (MRQ)Greater than0.050.051
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Heineken based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5031.388
Ma 20Greater thanMa 5085.965
Ma 50Greater thanMa 10089.017
Ma 100Greater thanMa 20092.708
OpenGreater thanClose83.500
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets52,406,000
Total Liabilities30,486,000
Total Stockholder Equity19,551,000
 As reported
Total Liabilities 30,486,000
Total Stockholder Equity+ 19,551,000
Total Assets = 52,406,000

Assets

Total Assets52,406,000
Total Current Assets11,015,000
Long-term Assets11,015,000
Total Current Assets
Cash And Cash Equivalents 2,765,000
Net Receivables 3,120,000
Other Current Assets 5,000,000
Total Current Assets  (as reported)11,015,000
Total Current Assets  (calculated)10,885,000
+/- 130,000
Long-term Assets
Property Plant Equipment 13,623,000
Goodwill 12,250,000
Intangible Assets 9,158,000
Long-term Assets Other 5,742,000
Long-term Assets  (as reported)41,391,000
Long-term Assets  (calculated)40,773,000
+/- 618,000

Liabilities & Shareholders' Equity

Total Current Liabilities14,190,000
Long-term Liabilities16,296,000
Total Stockholder Equity19,551,000
Total Current Liabilities
Short-term Debt 3,484,000
Short Long Term Debt 3,148,000
Accounts payable 9,283,000
Other Current Liabilities 1,423,000
Total Current Liabilities  (as reported)14,190,000
Total Current Liabilities  (calculated)17,338,000
+/- 3,148,000
Long-term Liabilities
Long term Debt Total 12,893,000
Capital Lease Obligations 1,241,000
Long-term Liabilities Other 125,000
Long-term Liabilities  (as reported)16,296,000
Long-term Liabilities  (calculated)14,259,000
+/- 2,037,000
Total Stockholder Equity
Retained Earnings 18,351,000
Capital Surplus 2,701,000
Total Stockholder Equity (as reported)19,551,000
Total Stockholder Equity (calculated)21,052,000
+/- 1,501,000
Other
Capital Stock922,000
Cash And Equivalents2,765,000
Cash and Short Term Investments 2,765,000
Common Stock Shares Outstanding 576,026
Liabilities and Stockholders Equity 52,406,000
Net Debt 13,612,000
Net Invested Capital 19,551,000
Net Working Capital -3,175,000
Short Long Term Debt Total 16,377,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-31
> Total Assets 
6,017,000
6,289,000
7,217,000
7,781,000
10,897,000
10,418,000
11,829,000
12,997,000
12,968,000
20,563,000
20,180,000
26,549,000
27,127,000
35,979,000
33,337,000
34,830,000
37,714,000
39,321,000
41,034,000
41,956,000
46,504,000
42,632,000
48,850,000
52,406,000
52,406,00048,850,00042,632,00046,504,00041,956,00041,034,00039,321,00037,714,00034,830,00033,337,00035,979,00027,127,00026,549,00020,180,00020,563,00012,968,00012,997,00011,829,00010,418,00010,897,0007,781,0007,217,0006,289,0006,017,000
   > Total Current Assets 
2,600,000
2,398,000
3,059,000
2,813,000
3,629,000
2,792,000
3,278,000
4,237,000
3,844,000
4,749,000
4,153,000
4,318,000
4,708,000
5,537,000
5,495,000
6,086,000
5,914,000
8,137,000
8,248,000
9,070,000
8,419,000
9,020,000
9,578,000
11,015,000
11,015,0009,578,0009,020,0008,419,0009,070,0008,248,0008,137,0005,914,0006,086,0005,495,0005,537,0004,708,0004,318,0004,153,0004,749,0003,844,0004,237,0003,278,0002,792,0003,629,0002,813,0003,059,0002,398,0002,600,000
       Cash And Cash Equivalents 
1,165,000
801,000
1,146,000
680,000
1,340,000
628,000
585,000
1,374,000
715,000
698,000
520,000
610,000
813,000
1,037,000
1,290,000
668,000
824,000
3,035,000
2,442,000
2,903,000
1,821,000
4,000,000
3,248,000
2,765,000
2,765,0003,248,0004,000,0001,821,0002,903,0002,442,0003,035,000824,000668,0001,290,0001,037,000813,000610,000520,000698,000715,0001,374,000585,000628,0001,340,000680,0001,146,000801,0001,165,000
       Short-term Investments 
42,000
23,000
29,000
0
76,000
76,000
23,000
12,000
105,000
14,000
15,000
17,000
14,000
11,000
11,000
13,000
16,000
0
0
0
0
0
0
0
000000016,00013,00011,00011,00014,00017,00015,00014,000105,00012,00023,00076,00076,000029,00023,00042,000
       Net Receivables 
0
1,024,000
1,192,000
1,270,000
1,379,000
1,309,000
1,787,000
1,917,000
1,873,000
2,504,000
2,310,000
2,273,000
0
0
2,382,000
2,644,000
2,854,000
3,051,000
3,341,000
3,484,000
3,861,000
2,578,000
3,351,000
3,120,000
3,120,0003,351,0002,578,0003,861,0003,484,0003,341,0003,051,0002,854,0002,644,0002,382,000002,273,0002,310,0002,504,0001,873,0001,917,0001,787,0001,309,0001,379,0001,270,0001,192,0001,024,0000
       Inventory 
490,000
550,000
692,000
0
834,000
779,000
883,000
893,000
1,007,000
1,246,000
1,010,000
1,206,000
1,352,000
1,596,000
1,512,000
1,634,000
1,702,000
1,618,000
1,814,000
1,920,000
2,213,000
1,958,000
2,438,000
3,250,000
3,250,0002,438,0001,958,0002,213,0001,920,0001,814,0001,618,0001,702,0001,634,0001,512,0001,596,0001,352,0001,206,0001,010,0001,246,0001,007,000893,000883,000779,000834,0000692,000550,000490,000
   > Long-term Assets 
3,417,000
3,891,000
4,158,000
4,968,000
7,268,000
7,626,000
8,551,000
8,760,000
9,124,000
15,814,000
16,027,000
22,231,000
22,419,000
30,442,000
27,842,000
28,744,000
31,800,000
31,184,000
32,786,000
32,886,000
38,085,000
33,612,000
39,272,000
41,391,000
41,391,00039,272,00033,612,00038,085,00032,886,00032,786,00031,184,00031,800,00028,744,00027,842,00030,442,00022,419,00022,231,00016,027,00015,814,0009,124,0008,760,0008,551,0007,626,0007,268,0004,968,0004,158,0003,891,0003,417,000
       Property Plant Equipment 
3,417,000
3,891,000
4,158,000
4,094,000
4,995,000
5,127,000
5,067,000
4,944,000
5,362,000
6,314,000
6,017,000
7,687,000
7,860,000
8,792,000
8,454,000
8,718,000
9,552,000
9,232,000
11,117,000
11,359,000
13,269,000
11,551,000
12,402,000
13,623,000
13,623,00012,402,00011,551,00013,269,00011,359,00011,117,0009,232,0009,552,0008,718,0008,454,0008,792,0007,860,0007,687,0006,017,0006,314,0005,362,0004,944,0005,067,0005,127,0004,995,0004,094,0004,158,0003,891,0003,417,000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
7,530,000
10,780,000
10,016,000
10,396,000
11,324,000
11,029,000
11,205,000
11,194,000
11,465,000
10,678,000
11,810,000
12,250,000
12,250,00011,810,00010,678,00011,465,00011,194,00011,205,00011,029,00011,324,00010,396,00010,016,00010,780,0007,530,000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,134,000
2,289,000
2,273,000
2,593,000
2,322,000
2,522,000
5,276,000
0
0
0
0005,276,0002,522,0002,322,0002,593,0002,273,0002,289,0002,134,00000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
2,449,000
2,541,000
7,109,000
7,135,000
10,890,000
3,305,000
6,945,000
5,918,000
5,945,000
6,859,000
6,395,000
6,465,000
6,265,000
6,304,000
5,089,000
8,952,000
9,158,000
9,158,0008,952,0005,089,0006,304,0006,265,0006,465,0006,395,0006,859,0005,945,0005,918,0006,945,0003,305,00010,890,0007,135,0007,109,0002,541,0002,449,0000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,320,000
1,396,000
1,792,000
1,935,000
1,677,000
1,686,000
1,771,000
1,740,000
1,826,000
1,290,000
1,290,0001,826,0001,740,0001,771,0001,686,0001,677,0001,935,0001,792,0001,396,0001,320,00000000000000000
> Total Liabilities 
3,151,000
3,769,000
4,078,000
4,845,000
6,998,000
6,556,000
7,315,000
7,477,000
7,022,000
15,811,000
14,533,000
16,032,000
17,035,000
23,217,000
20,981,000
21,378,000
22,644,000
24,748,000
26,513,000
26,416,000
29,193,000
28,240,000
29,150,000
30,486,000
30,486,00029,150,00028,240,00029,193,00026,416,00026,513,00024,748,00022,644,00021,378,00020,981,00023,217,00017,035,00016,032,00014,533,00015,811,0007,022,0007,477,0007,315,0006,556,0006,998,0004,845,0004,078,0003,769,0003,151,000
   > Total Current Liabilities 
1,860,000
1,892,000
2,235,000
2,649,000
2,910,000
2,666,000
3,752,000
4,008,000
4,193,000
5,058,000
5,356,000
5,623,000
6,159,000
7,800,000
8,003,000
8,532,000
8,516,000
10,397,000
10,458,000
10,450,000
12,307,000
10,868,000
12,094,000
14,190,000
14,190,00012,094,00010,868,00012,307,00010,450,00010,458,00010,397,0008,516,0008,532,0008,003,0007,800,0006,159,0005,623,0005,356,0005,058,0004,193,0004,008,0003,752,0002,666,0002,910,0002,649,0002,235,0001,892,0001,860,000
       Short-term Debt 
0
0
0
0
853,000
660,000
1,060,000
1,241,000
1,155,000
969,000
1,301,000
994,000
1,188,000
2,054,000
2,373,000
2,266,000
1,939,000
3,650,000
3,212,000
2,358,000
3,686,000
3,580,000
3,233,000
3,484,000
3,484,0003,233,0003,580,0003,686,0002,358,0003,212,0003,650,0001,939,0002,266,0002,373,0002,054,0001,188,000994,0001,301,000969,0001,155,0001,241,0001,060,000660,000853,0000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,226,000
1,102,000
802,000
3,650,000
3,212,000
2,358,000
3,431,000
3,317,000
2,977,000
3,148,000
3,148,0002,977,0003,317,0003,431,0002,358,0003,212,0003,650,000802,0001,102,00012,226,00000000000000000
       Accounts payable 
0
0
0
0
968,000
987,000
2,451,000
2,496,000
2,806,000
3,846,000
3,696,000
4,265,000
2,009,000
2,244,000
2,140,000
2,339,000
2,797,000
2,934,000
3,430,000
4,016,000
4,720,000
3,663,000
4,631,000
9,283,000
9,283,0004,631,0003,663,0004,720,0004,016,0003,430,0002,934,0002,797,0002,339,0002,140,0002,244,0002,009,0004,265,0003,696,0003,846,0002,806,0002,496,0002,451,000987,000968,0000000
       Other Current Liabilities 
0
0
0
2,649,000
1,089,000
1,019,000
241,000
271,000
232,000
243,000
359,000
364,000
2,962,000
3,502,000
3,490,000
3,927,000
3,780,000
3,813,000
3,816,000
4,076,000
3,901,000
3,625,000
4,230,000
1,423,000
1,423,0004,230,0003,625,0003,901,0004,076,0003,816,0003,813,0003,780,0003,927,0003,490,0003,502,0002,962,000364,000359,000243,000232,000271,000241,0001,019,0001,089,0002,649,000000
   > Long-term Liabilities 
1,291,000
1,877,000
1,843,000
2,196,000
4,088,000
3,890,000
3,563,000
3,469,000
2,829,000
10,753,000
9,177,000
10,409,000
10,876,000
15,417,000
12,978,000
12,846,000
14,128,000
14,351,000
16,055,000
15,966,000
16,886,000
17,372,000
17,056,000
16,296,000
16,296,00017,056,00017,372,00016,886,00015,966,00016,055,00014,351,00014,128,00012,846,00012,978,00015,417,00010,876,00010,409,0009,177,00010,753,0002,829,0003,469,0003,563,0003,890,0004,088,0002,196,0001,843,0001,877,0001,291,000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,166,000
12,628,000
13,366,000
14,616,000
13,640,000
12,893,000
12,893,00013,640,00014,616,00013,366,00012,628,00012,166,000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,125,000
3,347,000
3,470,000
3,397,000
3,889,000
3,386,000
3,520,000
2,756,000
3,416,000
0
03,416,0002,756,0003,520,0003,386,0003,889,0003,397,0003,470,0003,347,0003,125,00000000000000000
> Total Stockholder Equity
2,618,000
2,396,000
3,139,000
2,543,000
3,167,000
3,379,000
3,969,000
5,009,000
5,404,000
4,471,000
5,351,000
10,228,000
9,774,000
11,691,000
11,402,000
12,409,000
13,535,000
13,238,000
13,321,000
14,358,000
16,147,000
13,392,000
17,356,000
19,551,000
19,551,00017,356,00013,392,00016,147,00014,358,00013,321,00013,238,00013,535,00012,409,00011,402,00011,691,0009,774,00010,228,0005,351,0004,471,0005,404,0005,009,0003,969,0003,379,0003,167,0002,543,0003,139,0002,396,0002,618,000
   Common Stock
0
0
0
0
784,000
784,000
784,000
784,000
784,000
784,000
784,000
922,000
922,000
922,000
922,000
922,000
922,000
922,000
922,000
922,000
922,000
922,000
922,000
922,000
922,000922,000922,000922,000922,000922,000922,000922,000922,000922,000922,000922,000922,000784,000784,000784,000784,000784,000784,000784,0000000
   Retained Earnings Total Equity000000000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,701,000
2,701,000
2,701,000
2,701,000
2,701,000
2,701,000
2,701,0002,701,0002,701,0002,701,0002,701,0002,701,000000000000000000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
0
0
0
2,543,000
512,000
545,000
568,000
666,000
692,000
-74,000
159,000
4,181,000
3,199,000
3,066,000
1,843,000
2,274,000
2,046,000
1,528,000
572,000
426,000
1,053,000
-1,013,000
-107,000
278,000
278,000-107,000-1,013,0001,053,000426,000572,0001,528,0002,046,0002,274,0001,843,0003,066,0003,199,0004,181,000159,000-74,000692,000666,000568,000545,000512,0002,543,000000



Balance Sheet

Currency in EUR. All numbers in thousands.