Heineken Holding NV
DUS:4H5

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Heineken Holding NV
DUS:4H5
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Price: 62.1 EUR 0.08% Market Closed
Market Cap: 17.6B EUR

Relative Value

The Relative Value of one 4H5 stock under the Base Case scenario is 120.91 EUR. Compared to the current market price of 62.1 EUR, Heineken Holding NV is Undervalued by 49%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

4H5 Relative Value
Base Case
120.91 EUR
Undervaluation 49%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
82
vs Industry
76
Median 3Y
0.7
Median 5Y
0.7
Industry
1.7
Forward
0.5
vs History
31
vs Industry
14
Median 3Y
18.3
Median 5Y
17.9
Industry
18.2
Forward
17.2
vs History
84
vs Industry
64
Median 3Y
3.9
Median 5Y
4.8
Industry
11.8
vs History
30
vs Industry
41
Median 3Y
15.1
Median 5Y
14.1
Industry
19.8
vs History
71
vs Industry
41
Median 3Y
2.1
Median 5Y
2.2
Industry
2
vs History
80
vs Industry
65
Median 3Y
1.1
Median 5Y
1.2
Industry
1.9
Forward
0.9
vs History
38
vs Industry
81
Median 3Y
2.9
Median 5Y
2.9
Industry
4.9
vs History
52
vs Industry
64
Median 3Y
5.1
Median 5Y
5.4
Industry
11.2
vs History
46
vs Industry
60
Median 3Y
9
Median 5Y
9.2
Industry
14.7
Forward
5.5
vs History
80
vs Industry
60
Median 3Y
6.4
Median 5Y
7.6
Industry
13.1
vs History
61
vs Industry
47
Median 3Y
11.6
Median 5Y
12.2
Industry
20.9
vs History
74
vs Industry
69
Median 3Y
0.8
Median 5Y
0.8
Industry
1.4

Multiples Across Competitors

4H5 Competitors Multiples
Heineken Holding NV Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
Heineken Holding NV
DUS:4H5
17.5B EUR 0.6 18.9 5.1 9.2
BE
Anheuser-Busch Inbev SA
MIL:ABI
114B EUR 2.2 28 9.8 13.4
BE
Anheuser Busch Inbev SA
XETRA:1NBA
106.2B EUR 2.1 20.5 9 12.1
NL
Heineken NV
AEX:HEIA
39B EUR 1.3 21.5 7.9 13.1
BR
Ambev SA
BOVESPA:ABEV3
212.8B BRL 2.3 14.4 6.5 8.5
DK
Carlsberg A/S
CSE:CARL B
108.2B DKK 1.3 12.1 10 14.2
JP
Asahi Group Holdings Ltd
TSE:2502
2.5T JPY 0.8 14.1 7.8 12.5
HK
Budweiser Brewing Company APAC Ltd
HKEX:1876
102.9B HKD 2.2 22.2 6.6 10.5
JP
Kirin Holdings Co Ltd
TSE:2503
1.9T JPY 0.8 23.3 9 13.8
CN
Tsingtao Brewery Co Ltd
SSE:600600
83.5B CNY 2.6 18 15.2 15.2
HK
China Resources Beer Holdings Co Ltd
HKEX:291
86.3B HKD 2 13.3 9.7 9.7