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Heineken Holding NV
DUS:4H5

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Heineken Holding NV
DUS:4H5
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Price: 59.55 EUR -1%
Market Cap: €16.8B

P/B

1.9
Current
9%
Cheaper
vs 3-y average of 2.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.9
=
Market Cap
€19.3B
/
Total Equity
€8.6B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.9
=
Market Cap
€19.3B
/
Total Equity
€8.6B

Valuation Scenarios

Heineken Holding NV is trading below its 3-year average

If P/B returns to its 3-Year Average (2.1), the stock would be worth €65.48 (10% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+15%
Average Upside
11%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.9 €59.55
0%
3-Year Average 2.1 €65.48
+10%
5-Year Average 2.2 €68.5
+15%
Industry Average 2 €62.78
+5%
Country Average 2.2 €67.11
+13%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Netherlands
Percentile
44th
Based on 554 companies
44th percentile
1.9
Low
0 — 1.4
Typical Range
1.4 — 4.4
High
4.4 —
Distribution Statistics
Netherlands
Min 0
30th Percentile 1.4
Median 2.2
70th Percentile 4.4
Max 589.5

Heineken Holding NV
Glance View

Heineken Holding NV, nestled in the Netherlands, is a titan in the global beer industry, anchoring a legacy that extends back to 1864. The company functions as the guardian of Heineken NV’s economic and brand interests, ensuring the strategic direction aligns with its historical excellence while steering into new markets. At the heart of its operation is a blend of tradition and innovation, where the classic lager, known for its signature green bottle and red star, meets a diversified portfolio of craft beers and ciders. This progression is not just about preserving a storied past but also about adapting to contemporary tastes and preferences. By focusing on premiumization, Heineken targets the growing demand for premium and super-premium drinks across various markets. Financially, Heineken Holding NV generates revenue through its vast and strategic global footprint, which spans more than 190 countries. The company's strategy primarily involves maintaining a robust distribution network, forging partnerships with local distributors, and investing in marketing to promote its diverse range of beverages. Moreover, the company retains a discerning approach to mergers and acquisitions, capturing growth by expanding its product pipeline and reaching previously untapped markets. This holistic approach not only fuels its revenue streams but also fortifies its market position against fierce competition in the beverage sector. Ultimately, Heineken Holding NV thrives on delivering quality while leveraging its extensive brand equity to sustain profitability and growth.

4H5 Intrinsic Value
123.91 EUR
Undervaluation 52%
Intrinsic Value
Price €59.55
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